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Current Affairs January 2024

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4

Scheduling gives information about

A. When work should start and how much work should be completed during a certain period

B. When work should complete

C. That how idle time can be minimized

D. Proper utilisation of machines

Correct Answer :

A. When work should start and how much work should be completed during a certain period


Related Questions

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If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be

A. TR

B. TR + [(S - T)/2] × R

C. TR + (S - T) × R

D. TR + [(S - T)/S] × R

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4

The assumption in PERT is

A. A project will always be behind schedule, if left uncorrected

B. Cost of project will always be more than the estimated cost, if no timely corrections are taken

C. A project can be subdivided into a set of predictable, independent activities

D. Activities are fixed and can't be changed

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4

Pick up the correct statement from the following

A. Critical path method is an improvement upon bar chart method

B. Critical path method provides a realistic approach to the daily problems

C. Critical path method avoids delays which are very common in bar chart

D. All of the above

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Which of the following statement is correct?

A. When slack of an activity is zero, it falls only on critical path.

B. CPM technique is useful to minimise the direct and indirect expenses.

C. Critical path of a net work represents the minimum time required for completion of project.

D. All of the above

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Templates are used for

A. A planning layout

B. Flow of material

C. Advancing a programme in automatic machines

D. Copying complicated profiles

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'Value' for value engineering and analysis purposes is defined as

A. Purchase value

B. Saleable value

C. Depreciated value

D. Function/cost

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4

If F is the fixed cost, V is the variable cost per unit (or total variable costs) and P is the selling price of each unit (or total sales value), then breakeven point is equal to

A. (F × V)/P

B. (F × P)/V

C. F/[1 + (V/P)]

D. F/[1 - (V/P)]

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The artificial activity, which indicates that an activity following it cannot be started unless, the preceding activity is complete, is known as

A. Event

B. Free float

C. Artificial

D. Dummy

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4

The product layout

A. Lowers overall manufacturing time

B. Requires less space for placing machines

C. Utilises machine and labour better

D. All of these

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Which of the following statement is correct about the network diagram?

A. The events are represented graphically by circles or nodes at the beginning and the end of activity by arrows.

B. The tail end of the arrow represents the start of an activity.

C. The head of the arrow represents the end of an activity.

D. All of the above

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In jobbing production

A. Highly skilled workers are needed

B. Unit costs are high

C. Operations are labour-intensive

D. All of these

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Pessimistic time is

A. The maximum time which an activity might require

B. The average time required for a job

C. The most probable time considering all conditions

D. The minimum time in which an activity can possibly be accomplished

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Product layout is best suited where

A. One type of product is produced

B. Product is standardised

C. Product is manufactured in large quantities

D. All of the above

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Which of the following plans motivates supervisors by paying a premium on time saved by workers?

A. Halsey plan

B. Rowan plan

C. Haynes plan

D. Emerson's plan

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4

The main object of scientific layout is

A. To produce better quality of product

B. To utilise maximum floor area

C. To minimise production delays

D. All of these

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In the cost structure of a product, the selling price is determined by the factors such as

A. Sales turn over

B. Lowest competitive price

C. Various elements of the cost

D. All of the above

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Work study comprises following main techniques

A. Method study and work measurement

B. Method study and time study

C. Time study and work measurement

D. Method study and job evaluation

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Standard time is equal to

A. (Normal time) - (allowances)

B. (Normal time) + (allowances)

C. Representative time multiplied by rating factor

D. Normal time taken by an operation

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4

Valve analysis is particularly of interest when

A. Jobbing work economics are involved

B. Production is on large scale

C. Only few components are involved

D. Costly equipment is used

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The important file in making a PERT is

A. An event can't be accomplished until activities leading to it are completed

B. No activity from any event can be started from preceding event till it is completed

C. Length of arrow has nothing to do with time

D. All of the above

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Product layout is used for

A. Job production

B. Batch production

C. Mass production

D. Any one of these

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Father of industrial engineering is

A. Jack Gilbert

B. Gantt

C. Taylor

D. Newton

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PERT has following time estimate

A. One time estimate

B. Two time estimate

C. Three time estimate

D. Four time estimate

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PERT analysis is based on

A. Optimistic time

B. Pessimistic time

C. Most likely time

D. All of the above

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In PERT analysis, critical path is obtained by joining events having

A. +ve slack

B. -ve slack

C. Zero slack

D. Dummy activities

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The main advantage of line organisation is its

A. Effective command and control

B. Defined responsibilities at all levels

C. Rigid discipline in the organisation

D. All of the above

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4

In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:

A. A standard rating system

B. A merit rating system

C. A job evaluation system

D. His individual performance

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In A-B-C analysis, which class of items are generally large in number?

A. A

B. B

C. C

D. None of these

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Standing orders which are statutory are applicable to

A. All industries

B. All process industries and thermal power plants

C. Only major industries

D. All industries employing more than 100 workers

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What does symbol 'V' employ in work study

A. Operation

B. Inspection

C. Delay/ temporary Storage

D. Permanent storage