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MCQs

Total Questions : 1536 | Page 8 of 154 pages
Question 71. The break-even point represents
  1.    The most economical level of operation of any industry
  2.    The time when unit can run without any loss and profit
  3.    Time when industry will undergo loss
  4.    The time when company can make maximum profits
 Discuss Question
Answer: Option B. -> The time when unit can run without any loss and profit
Question 72. Monte Carlo solutions in queuing theory are extremely useful in queuing problems
  1.    That can't be analysed mathematically
  2.    Involving multistage queuing
  3.    To verify mathematical results
  4.    All of the above
 Discuss Question
Answer: Option A. -> That can't be analysed mathematically
Question 73. Pick up the incorrect statement from the following. A critical ratio scheduling
  1.    Establishes the relative priorities among various activities on a common basis
  2.    Determines the status of each activity
  3.    Adjusts automatically changes in activity progress
  4.    None of the above
 Discuss Question
Answer: Option D. -> None of the above
Question 74. Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant
  1.    Sinking fund method
  2.    Straight line method
  3.    ABC charging method
  4.    Annuity charging method
 Discuss Question
Answer: Option D. -> Annuity charging method
Question 75. An optimum project schedule implies
  1.    Optimum utilization of men, machines and materials
  2.    Lowest possible cost and shortest possible time for project
  3.    Timely execution of project
  4.    To produce best results under given constraints
 Discuss Question
Answer: Option B. -> Lowest possible cost and shortest possible time for project
Question 76. Time study is used to
  1.    Determine standard costs
  2.    Determine the number of machines a person may run
  3.    Provide a basis for setting piece price or incentive wages
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 77. Choose the wrong statement Time study is used to
  1.    Determine overhead expenses
  2.    Provide a basis for setting piece prices or incentive wages
  3.    Determine standard costs
  4.    Determine the capability of an operator to handle the number of machines
 Discuss Question
Answer: Option A. -> Determine overhead expenses
Question 78. P.M.T.S. (Predetermined Motion Time Systems) include
  1.    M.T.M. (Method Time Measurement)
  2.    W.F.S. (Work Factor Systems)
  3.    B.M.T.S. (Basic Motion Time Study)
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
Question 79. PMTP (predetermined motion time systems) include
  1.    MTM (method time measurement)
  2.    WFS (work factor systems)
  3.    BNTS (basic motion time study)
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 80. A diagram showing the path followed by men and materials while performing a task is known as
  1.    String diagram
  2.    Flow process chart
  3.    Travel chart
  4.    Flow diagram
 Discuss Question
Answer: Option D. -> Flow diagram

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