MCQOPTIONS
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MCQOPTIONS
This section includes 69 Mcqs, each offering curated multiple-choice questions to sharpen your Industrial Engineering and Production Management knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Break-even analysis consists of |
| A. | Fixed cost |
| B. | Variable cost |
| C. | Fixed and variable costs |
| D. | Operation costs |
| Answer» D. Operation costs | |
| 2. |
An activity of the project is graphically represented by ________ on the network diagram. |
| A. | A circle |
| B. | A straight line |
| C. | An arrow |
| D. | None of these |
| Answer» D. None of these | |
| 3. |
Pick up the correct statement about relationship between various floats |
| A. | Free float = total float |
| B. | Independent float = total float |
| C. | Independent float > free float |
| D. | Independent float < free float |
| Answer» E. | |
| 4. |
PMTP (predetermined motion time systems) include |
| A. | MTM (method time measurement) |
| B. | WFS (work factor systems) |
| C. | BNTS (basic motion time study) |
| D. | All of the above |
| Answer» E. | |
| 5. |
Routing assists engineers in deciding in advance |
| A. | The flow of material in the plant |
| B. | The methods of proper utilization of manpower |
| C. | The methods of proper utilization of machines |
| D. | The layout of factory facilities |
| Answer» D. The layout of factory facilities | |
| 6. |
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on: |
| A. | A standard rating system |
| B. | A merit rating system |
| C. | A job evaluation system |
| D. | His individual performance |
| Answer» C. A job evaluation system | |
| 7. |
The amount deducted from the salary of workers towards employee s provident fund is |
| A. | Credited into reserves of company |
| B. | Deposited in nationalized bank |
| C. | Deposited in post office |
| D. | Deposited in the account of worker with Provident Fund Commissioner |
| Answer» E. | |
| 8. |
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store |
| A. | Inflated system |
| B. | Primary cost method |
| C. | Current value method |
| D. | Fixed price method |
| Answer» B. Primary cost method | |
| 9. |
Micro motion study is |
| A. | Analysis of a man-work method by using a motion picture camera with a timing device in the field of view |
| B. | Motion study observed on enhanced time intervals |
| C. | Motion study of a sequence of operations conducted systematically |
| D. | Study of man and machine conducted simultaneously |
| Answer» B. Motion study observed on enhanced time intervals | |
| 10. |
Travel charts provide |
| A. | An idea of the flow of materials at various stages |
| B. | A compact estimate of the handling which must be done between various work sections |
| C. | The information for changes required in rearranging material handling equipment |
| D. | An approximate estimate of the handling which must be done at a particular station |
| Answer» C. The information for changes required in rearranging material handling equipment | |
| 11. |
Positive slack on a PERT indicates that project is |
| A. | Ahead of schedule |
| B. | Beyond schedule |
| C. | As per schedule |
| D. | On critical path |
| Answer» B. Beyond schedule | |
| 12. |
The performance of a specific task in CPM is known as |
| A. | Dummy |
| B. | Event |
| C. | Activity |
| D. | Contract |
| Answer» D. Contract | |
| 13. |
Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer? |
| A. | Emerson efficiency plan |
| B. | Taylor plan |
| C. | Halsey premium plan |
| D. | Gilbert plan |
| Answer» D. Gilbert plan | |
| 14. |
For handling materials during manufacture of cement, a _________ is widely used. |
| A. | Belt conveyor |
| B. | Bucket conveyor |
| C. | Fork lift truck |
| D. | Overhead crane |
| Answer» C. Fork lift truck | |
| 15. |
For ship vessel industry the following layout is best suited |
| A. | Process layout |
| B. | Product layout |
| C. | Fixed position layout |
| D. | Plant layout |
| Answer» D. Plant layout | |
| 16. |
Standing orders which are statutory are applicable to |
| A. | All industries |
| B. | All process industries and thermal power plants |
| C. | Only major industries |
| D. | All industries employing more than 100 workers |
| Answer» E. | |
| 17. |
The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode |
| A. | Early finish |
| B. | Early start |
| C. | Late start |
| D. | Late finish |
| Answer» B. Early start | |
| 18. |
Replacement studies are made on the following basis |
| A. | Annual cost method |
| B. | Rate of return method |
| C. | Total life average method |
| D. | Any one of the above |
| Answer» E. | |
| 19. |
'Value' for value engineering and analysis purposes is defined as |
| A. | Purchase value |
| B. | Saleable value |
| C. | Depreciated value |
| D. | Function/cost |
| Answer» E. | |
| 20. |
Which of the following layouts is suited to job production? |
| A. | Process layout |
| B. | Product layout |
| C. | Fixed position layout |
| D. | Plant layout |
| Answer» B. Product layout | |
| 21. |
The appellate authority for an industrial dispute is |
| A. | Management |
| B. | Labour court |
| C. | High court/supreme court |
| D. | Board of directors |
| Answer» D. Board of directors | |
| 22. |
Breakeven analysis is a |
| A. | Short term analysis |
| B. | Long term analysis |
| C. | Average of short and long term analysis |
| D. | Any one of these |
| Answer» B. Long term analysis | |
| 23. |
Expediting function consists in keeping a watch on |
| A. | Operator's activity |
| B. | Flow of material and in case of trouble locate source of trouble |
| C. | Minimizing the delays |
| D. | Making efficient dispatching |
| Answer» C. Minimizing the delays | |
| 24. |
ABC analysis deals with |
| A. | Analysis of process chart |
| B. | Flow of material |
| C. | Ordering schedule of job |
| D. | Controlling inventory costs money |
| Answer» E. | |
| 25. |
In the cost structure of a product, the selling price is determined by the factors such as |
| A. | Sales turn over |
| B. | Lowest competitive price |
| C. | Various elements of the cost |
| D. | All of the above |
| Answer» E. | |
| 26. |
Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it |
| A. | Consumes time, but no resources |
| B. | Consumes resources but no time |
| C. | Consumes neither time nor resources |
| D. | Is a dangling event |
| Answer» D. Is a dangling event | |
| 27. |
The probability distribution of activity times in PERT follows following distribution |
| A. | Normal |
| B. | Binomial |
| C. | Beta |
| D. | Exponential |
| Answer» D. Exponential | |
| 28. |
CPM is the |
| A. | Time oriented technique |
| B. | Event oriented technique |
| C. | Activity oriented technique |
| D. | Target oriented technique |
| Answer» D. Target oriented technique | |
| 29. |
The mathematical technique for finding the best use of limited resources in an optimum manner is known as |
| A. | Operation research |
| B. | Linear programming |
| C. | Network analysis |
| D. | Break-even analysis |
| Answer» C. Network analysis | |
| 30. |
Gantt charts are used for |
| A. | Forecasting sales |
| B. | Production schedule |
| C. | Scheduling and routing |
| D. | Linear programming |
| Answer» C. Scheduling and routing | |
| 31. |
Break-even analysis shows profit when |
| A. | Sales revenue > total cost |
| B. | Sales revenue = total cost |
| C. | Sales revenue < total cost |
| D. | Variable cost < fixed cost |
| Answer» B. Sales revenue = total cost | |
| 32. |
Routing is essential in the following type of industry |
| A. | Assembly industry |
| B. | Process industry |
| C. | Job order industry |
| D. | Mass production industry |
| Answer» B. Process industry | |
| 33. |
Merit Rating is the method of determining worth of |
| A. | A job |
| B. | An individual employee |
| C. | A particular division in workshop |
| D. | Machine |
| Answer» C. A particular division in workshop | |
| 34. |
In break-even analysis, total cost consists of |
| A. | Fixed cost |
| B. | Variable cost |
| C. | Fixed cost + variable cost |
| D. | Fixed cost + variable cost + overheads |
| Answer» D. Fixed cost + variable cost + overheads | |
| 35. |
Inventory control in production, planning and control aims at |
| A. | Achieving optimization |
| B. | Ensuring against market fluctuations |
| C. | Acceptable customer service at low capital investment in inventory |
| D. | Discounts allowed in bulk purchase |
| Answer» D. Discounts allowed in bulk purchase | |
| 36. |
One of the basic essentials of an incentive plan is that |
| A. | A differential piece rate system should exist |
| B. | Minimum wages should be guaranteed |
| C. | Provide incentive to group efficiency performance |
| D. | All standards should be based on time studies |
| Answer» E. | |
| 37. |
The break-even point represents |
| A. | The most economical level of operation of any industry |
| B. | The time when unit can run without i loss and profit |
| C. | Time when industry will undergo loss |
| D. | The time when company can make maximum profits |
| Answer» D. The time when company can make maximum profits | |
| 38. |
The critical path of a network represents |
| A. | The minimum time required for completion of project |
| B. | The maximum time required for completion of project |
| C. | Maximum cost required for completion of project |
| D. | Minimum cost required for completion of project |
| Answer» B. The maximum time required for completion of project | |
| 39. |
If F is the fixed cost, V is the variable cost per unit (or total variable costs) and P is the selling price of each unit (or total sales value), then break-even point is equal to |
| A. | (F V)/P |
| B. | (F P)/V |
| C. | F/[1 + (V/P)] |
| D. | F/[1 - (V/P)] |
| Answer» E. | |
| 40. |
The disadvantage of product layout is |
| A. | High initial investment for the specialized facilities |
| B. | Skilled labour to operate machines |
| C. | Production time is longer, requiring more goods in inventory |
| D. | High cost of inspection |
| Answer» B. Skilled labour to operate machines | |
| 41. |
Bin card is used in |
| A. | Administrative wing |
| B. | Workshop |
| C. | Foundry shop |
| D. | Stores |
| Answer» E. | |
| 42. |
Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time. |
| A. | One-fourth |
| B. | One-half |
| C. | Equal to |
| D. | Twice |
| Answer» C. Equal to | |
| 43. |
The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as |
| A. | Rowan Plan |
| B. | Taylor Differential Piece rate system |
| C. | Halsey Premium plan |
| D. | Day work plan |
| Answer» D. Day work plan | |
| 44. |
The most popular type of organisation used for Civil Engineering Constructions is |
| A. | Line organization |
| B. | Line and staff organization |
| C. | Functional organization |
| D. | Effective organization |
| Answer» B. Line and staff organization | |
| 45. |
A big advantage of PERT over Gantt charts is that in the former case |
| A. | Activities and events are clearly shown |
| B. | Early start and late finish of an activity are clearly marked |
| C. | Activity times are clear |
| D. | Interrelationship among activities is clearly shown |
| Answer» E. | |
| 46. |
Break-even analysis can be used for |
| A. | Short run analysis |
| B. | Long run analysis |
| C. | Average of above two run analysis |
| D. | There is no such criterion |
| Answer» B. Long run analysis | |
| 47. |
Value engineering aims at finding out the |
| A. | Depreciation value of a product |
| B. | Resale value of a product |
| C. | Major function of the item and accomplishing the same at least cost without change in quality |
| D. | Break-even point when machine requires change |
| Answer» D. Break-even point when machine requires change | |
| 48. |
The simplex method is the basic method for |
| A. | Value analysis |
| B. | Operation research |
| C. | Linear programming |
| D. | Model analysis |
| Answer» D. Model analysis | |
| 49. |
At the break-even point, |
| A. | Total cost is more than the sales revenue |
| B. | Total cost is less than the sales revenue |
| C. | Total cost is equal to sales revenue |
| D. | Fixed cost is equal to variable cost |
| Answer» D. Fixed cost is equal to variable cost | |
| 50. |
PERT has following time estimate |
| A. | One time estimate |
| B. | Two time estimate |
| C. | Three time estimate |
| D. | Four time estimate |
| Answer» D. Four time estimate | |