Lakshya Education MCQs

Question: Two alternatives can produce a product. first have a fixed cost of rs. 2000 and a variable cost of rs. 20 per piece. the second method has a fixed cost of rs. 1500 and a variable cost of rs. 30. the break even quantity between the two alternatives is
Options:
A. 25
B. 50
C. 75
D. 100
Answer: Option B
Explanation :

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More Questions on This Topic :

Question 1. Micro motion study is
  1.     Analysis of a man-work method by using a motion picture camera with a timing device in the field of view
  2.     Motion study observed on enhanced time intervals
  3.     Motion study of a sequence of operations conducted systematically
  4.     Study of man and machine conducted simultaneously
Answer: Option A
Explanation :
Question 2. The process capability of a machine is defined as the capability of the machine to
  1.     Produces a definite volume of work per minute
  2.     Perform definite number of operations
  3.     Produce job at a definite spectrum of speed
  4.     Holds a definite spectrum of tolerance and surface finish
Answer: Option A
Explanation :
Question 3. Halsey plan of wage incentive
  1.     Is not applied to all level of workers
  2.     Is applied to all level of workers
  3.     Does not guarantee minimum wage
  4.     Is based upon efficiency of worker
Answer: Option B
Explanation :
Question 4. The linear programming techniques can be applied successfully to industries like
  1.     Iron and steel
  2.     Food processing
  3.     Oil and chemical
  4.     All of the above
Answer: Option D
Explanation :
Question 5. Two alternatives can produce a product. first have a fixed cost of rs. 2000 and a variable cost of rs. 20 per piece. the second method has a fixed cost of rs. 1500 and a variable cost of rs. 30. the break even quantity between the two alternatives is
  1.     25
  2.     50
  3.     75
  4.     100
Answer: Option B
Explanation :
Question 6. If a is the total items consumed per year, p is the procurement cost per order, and c is the annual inventory carrying cost per item, then the most economic ordering quantity is given by
  1.     AP/C
  2.     2AP/C
  3.     √(2AP/C)
  4.     (AP/C)²
Answer: Option C
Explanation :

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