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Industrial Engineering & Production Management Test MCQ - Multiple Choice Question and Answer

Industrial Engineering & Production Management Test MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 1
Replacement studies are made on the following basis:

Annual cost method
Rate of return method
Total life average method
Any one of the above

Question No : 2
The salient feature of functional organisation is

Strict adherence to specification
Separation of planning and design part
Each individual maintains functional efficiency
All of the above

Question No : 3
A CPM family includes

CPA (Critical Path Analysis)
CPP (Critical Path Plotted)
CPS (Critical Path Scheduling)
All of the above

Question No : 4
The time by which the activity completion time can be delayed without affecting the start of succeeding activities, is known as

Duration
Total float
Free float
Interfering float

Question No : 5
Break-even analysis consists of

Fixed expenses
Variable cost
Sales revenue
All of these

Question No : 6
Direct expenses include

Factory expenses
Selling expenses
Administrative expenses
None of these

Question No : 7
In perpetual inventory control, the material is checked as it reaches its

Minimum value
Maximum value
Average value
Middle value