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Question 1. The most important function of inventory control is
  1.     Stock control system
  2.     To run the stores effectively
  3.     Technical responsibility for the state of materials
  4.     All of the above
Answer: Option D
Explanation :

Question 2. Merit rating is the method of determining worth of
  1.     A job
  2.     An individual employee
  3.     A particular division in workshop
  4.     Machine
Answer: Option B
Explanation :

Question 3. The most important function of inventory control is
  1.     Stock control system
  2.     To run the stores effectively
  3.     Technical responsibility for the state of materials
  4.     All of the above
Answer: Option D
Explanation :

Question 4. The aim of value engineering is to
  1.     Find the depreciation value of a machine
  2.     Determine the selling price of a product
  3.     Minimize the cost without change in quality of the product
  4.     All of the above
Answer: Option C
Explanation :

Question 5. Expediting function consists in keeping a watch on
  1.     Operator's activity
  2.     Flow of material and in case of trouble locate source of trouble
  3.     Minimizing the delays
  4.     Making efficient dispatching
Answer: Option B
Explanation :

Question 6. The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of
  1.     Product layout
  2.     Process layout
  3.     Fixed position layout
  4.     A combination of line and process layout
Answer: Option A
Explanation :