1. Which of the following statement is correct ?

A-B-C analysis is based on Pareto's principle

Simulation can be used for inventory control

Economic order quantity formula ignores variations in demand pattern

all of the above

Answer: A-B-C analysis is based on Pareto's principle

Explanation:


2. PERT requires ?

single time estimate

double time estimate

triple time estimate

none of these

Answer: triple time estimate

Explanation:


3. A dummy activity in a net work diagram ?

is represented by a dotted line

is an artificial activity

does not consume time or resources

all of these

Answer: all of these

Explanation:


4. In a thermal power plant, coal from the coal handling plant is moved to the boiler bunker through a ?

belt conveyor

bucket conveyor

fork lift truck

overhead crane

Answer: belt conveyor

Explanation:


5. PERT ?

provides an approach for keeping planning up-to-date

provides a way for management to require that planning be done on a uniform and logical basis

permits management to foresee quickly the impact of variations from the plan

all of the above

Answer: all of the above

Explanation:


6. The factors which are to be considered while developing a good wage incentive plan will include ?

adequate incentive

ease of administration

guaranteed basic pay

all of these

Answer: all of these

Explanation:


7. A feasible solution to the linear programming problem should ?

satisfy the problem constraints

optimise the objective function

satisfy the problem constraints and non-negativity restrictions

satisfy the non-negativity restrictions

Answer: satisfy the problem constraints and non-negativity restrictions

Explanation:


8. Job evaluation is the method ?

relative values of a job

worker's performance on a job

worth of the machine

value of overall production

Answer: relative values of a job

Explanation:


9. In product layout ?

specialised and strict supervision is required

machines can not be used to their maximum capacity

manufacturing cost rises with a fall in the volume of production

all of the above

Answer: all of the above

Explanation:


10. According to Rowan plan of wage incentive system, bonus is paid to a worker ?

whose output exceeds 67% efficiency

on the percentage of time saved

on the percentage of time worked

on the percentage of standard time

Answer: on the percentage of time worked

Explanation: