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Total Questions : 1536 | Page 15 of 154 pages
Question 141. The disadvantage of product layout is
  1.    High initial investment for the specialized facilities
  2.    Skilled labour to operate machines
  3.    Production time is longer, requiring more goods in inventory
  4.    High cost of inspection
 Discuss Question
Answer: Option A. -> High initial investment for the specialized facilities
Question 142. Pick up the correct step used for scheduling a project by C.P.M.
  1.    A project is divided into various activities
  2.    Required time for each activity is established
  3.    Sequence of various activities is made according to their importance
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 143. The amount deducted from the salary of workers towards employee’s provident fund is
  1.    Credited into reserves of company
  2.    Deposited in nationalized bank
  3.    Deposited in post office
  4.    Deposited in the account of worker with Provident Fund Commissioner
 Discuss Question
Answer: Option D. -> Deposited in the account of worker with Provident Fund Commissioner
Question 144. Job enrichment technique is applied to
  1.    Reduce labour monotony
  2.    Overcome boring and demotivating work
  3.    Make people happy
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 145. In inventory control, the economic order quantity is the
  1.    Optimum lot size
  2.    Highest level of inventory
  3.    Lot corresponding to break-even point
  4.    Capability of a plant to produce
 Discuss Question
Answer: Option A. -> Optimum lot size
Question 146. A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called
  1.    Hoist
  2.    Jib crane
  3.    Portable elevator
  4.    Chain conveyor
 Discuss Question
Answer: Option A. -> Hoist
Question 147. 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
  1.    TR
  2.    TR + [(S - T)/2] × R
  3.    TR + (S - T) × R
  4.    TR + [(S - T)/S] × R
 Discuss Question
Answer: Option B. -> TR + [(S - T)/2] × R
Question 148. 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 Rowan plan, wages for the job will be
  1.    TR
  2.    TR + [(S - T)/2] × R
  3.    TR + (S - T) × R
  4.    TR + [(S - T)/S] × R
 Discuss Question
Answer: Option D. -> TR + [(S - T)/S] × R
Question 149. In crash program for a project
  1.    both direct and indirect costs, increase
  2.    indirect costs increase and direct costs decrease
  3.    direct costs increase and indirect costs decrease
  4.    cost is no criterion
 Discuss Question
Answer: Option C. -> direct costs increase and indirect costs decrease
Question 150. Graphical method, simplex method, and transportation method are concerned with
  1.    Break-even analysis
  2.    Value analysis
  3.    Linear programming
  4.    Queueing theory
 Discuss Question
Answer: Option C. -> Linear programming

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