Industrial Engineering
51. Acceptance sampling is widely used in
- batch production
- job production
- mass production
- all of the above
- none of the above.
Correct answer: (C)
mass production
52. According to MAPI formula, the old machine should be replaced by new one when
- CAM < DAM
- CAM > DAM
- CAM = DAM
- there is no such criterion
- none of the above.
Correct answer: (A)
CAM < DAM
53. Basic motion time study gives times for basic motions in ten thousandths of
- second
- minute
- hour
- day
- none of the above.
Correct answer: (B)
minute
54. Basic tool in work study is
- graph paper
- process chart
- planning chart
- stop watch
- analytical mind.
Correct answer: (D)
stop watch
55. Break-even analysis consists of
- fixed cost
- variable cost
- fixed and variable costs
- operation costs
- none of the above.
Correct answer: (C)
fixed and variable costs
56. Break-even analysis shows profit when
- sales revenue > total cost
- sales revenue = total cost
- sales revenue < total cost
- variable cost < fixed cost
- none of the above.
Correct answer: (A)
sales revenue > total cost
57. Choose the wrong statement Time study is used to
- determine overhead expenses
- provide a basis for setting piece prices or incentive wages
- determine standard costs
- determine the capability of an operator to handle the number of machines
- compare alternative methods.
Correct answer: (A)
determine overhead expenses
58. Choose the wrong statement. Motion study is used for
- improving a work method
- improvising a work method
- designing a work method
- providing a schematic framework
- reducing inventory costs.
Correct answer: (E)
reducing inventory costs.
59. Current assets include
- manufacturing plant
- manufacturing plant and equipment
- inventories
- common stock held by the firm
- all of the above.
Correct answer: (A)
manufacturing plant
60. Expediting function consists in keeping a watch on
- operator's activity
- flow of material and in case of trouble locate source of trouble
- minimising the delays
- making efficient despatching
- none of the above.
Correct answer: (B)
flow of material and in case of trouble locate source of trouble