223 top industrial engineering - mechanical engineering multipindustrial mcq

20
MCQs preparation for Engineering Competitive Exams Home Engineering Multiple Choice Questions and Answers Engineering Interview Questions Online Tests Project Manager Software Genuine Project Management. Get Your 30 Day Free Trial Now! Home » Industrial Engineering Objective type Questions and Answers » 223 TOP Industrial Engineering Mechanical Engineering Multiple choice Questions and Answers Monday, 1 September 2014 223 TOP Industrial Engineering Mechanical Engineering Multiple choice Questions and Answers Latest Industrial Engineering Questions and Answers List 1. A graphical device used to determine the breakeven point and profit potential under varying conditions of output and costs, is known as (a) Gnatt chart (b) flow chart (c) breakeven chart (d) PERT chart (e) Taylor chart. Ans: c 2. Breakeven analysis consists of (a) fixed cost (b) variable cost (c) fixed and variable costs (d) operation costs (e) none of the above. Ans: c 3. Breakeven analysis shows profit when (a) sales revenue > total cost (b) sales revenue = total cost (c) sales revenue < total cost (d) variable cost < fixed cost (e) none of the above. Ans: a 4. In braekeven analysis, total cost consists of (a) fixed cost (b) variable cost (c) fixed cost + variable cost (d) fixed cost + variable cost + overheads (e) fixed cost + sales revenue. Ans: a 5. The breakeven 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 (e) time for overhauling a plant. Ans: c 9. In the cost structure of a product, the selling price is determined by the factors such as1 (a) sales turn over (b) lowest competitive price (c) various elements of the cost (d) buyers' capability to pay (e) all of the above. Ans: e 10. Work study is concerned with (a) improving present method and finding standard time (b) motivation of workers (c) improving production capability (d) improving production planning and control (e) all of the above. Search Here A.C. Fundame Airport Engine and Answers Applied Mecha Objective Que Building Mater Objective Que Circuits and C Questions and Civil Engineeri and Answers p competitive an Compressors Concrete Tech Concrete Stru Construction P Objective ques Control System Answers Current Electr questions and D.C. Generato Answers D.C. Motors Q Design of Mas Questions and Design of Stee Questions Docks and Har Questions and Economics of Questions and Labels

Upload: sabya512

Post on 11-Nov-2015

32 views

Category:

Documents


0 download

DESCRIPTION

question

TRANSCRIPT

  • MCQspreparationforEngineeringCompetitiveExams

    Home Engineering Multiple Choice Questions and Answers Engineering Interview Questions Online Tests

    Project Manager SoftwareGenuine Project Management. Get Your 30 Day Free Trial Now!

    HomeIndustrialEngineeringObjectivetypeQuestionsandAnswers223TOPIndustrialEngineeringMechanicalEngineeringMultiplechoiceQuestionsandAnswers

    Monday,1September2014

    223TOPIndustrialEngineeringMechanicalEngineeringMultiplechoiceQuestionsandAnswersLatestIndustrialEngineeringQuestionsandAnswersList

    1.Agraphicaldeviceusedtodeterminethebreakevenpointandprofitpotentialundervaryingconditionsofoutputandcosts,isknownas(a)Gnattchart(b)flowchart(c)breakevenchart(d)PERTchart(e)Taylorchart.Ans:c

    2.Breakevenanalysisconsistsof(a)fixedcost(b)variablecost(c)fixedandvariablecosts(d)operationcosts(e)noneoftheabove.Ans:c

    3.Breakevenanalysisshowsprofitwhen(a)salesrevenue>totalcost(b)salesrevenue=totalcost(c)salesrevenue

  • Ans:a

    11.Basictoolinworkstudyis(a)graphpaper(b)processchart(c)planningchart(d)stopwatch(e)analyticalmind.Ans:d

    12.Whatdoessymbol'O'implyinworkstudy(a)operation(b)inspection(c)transport(d)delaytemporarystorage(e)noneoftheabove.Ans:a

    15.Whatdoessymbol'D'implyinworkstudy(a)inspection(b)transport(c)delaytemporarystorage(d)permanentstorage(e)noneoftheabove.Ans:c

    16.Inperpetualinventorycontrol,thematerialischeckedasitreachesits(a)minimumvalue(b)maximumvalue(c)averagevalue(d)middlevalue(e)alarmingvalue.Ans:a

    17.Materialhandlinginautomobileindustryisdoneby(a)overheadcrane(b)trolley(c)beltconveyor(d)alloftheabove(e)noneoftheabove.Ans:a

    18.Stringdiagramisusedwhen(a)teamofworkersisworkingataplace(b)materialhandlingistobedone(c)idletimeistobereduced(d)alloftheabove(e)noneoftheabove.Ans:a

    20.Workstudyismostuseful(a)whereproductionactivitiesareinvolved(b)injudgingtheratingofmachines(c)inimprovingindustrialrelations(d)injudgingtheoutputofamanandimprovingit(e)wheremenarebiggestcontributortosuccessofaproject.Ans:a

    21.Micromotionstudyis(a)enlargedviewofmotionstudy(b)analysisofonestageofmotionstudy(c)minuteanddetailedmotionstudy(d)subdivisionofanoperationintotherbligsandtheiranalysis(e)motionstudyofsmallcomponentsuptomircoseconds.Ans:d

    22.Inmicromotionstudy,therbligisdescribedby(a)asymbol(b)anevent(c)anactivity(d)micromotions(e)standardsymbolandcolour.Ans:e

    23.Theallowedtimeforajobequalsstandardtimeplus(a)policyallowance(b)interferenceallowance(c)processallowance(d)learningallowance(e)unforeseenallowance.Ans:a

    24.Micromotionstudyinvolvesfollowingnumberoffundamentalhandmotions(a)8(b)12(c)16(d)20

    ElectricTractionQuizQuestionsandAnswersElectricalCablesQuizQuestionsandAnswersElectricalEngineeringMaterialsQuizQuestionsandAnswersElectricalEngineeringMCQsElectricalMachineDesignQuizQuestionsandAnswersELECTRICALOBJECTIVEQUESTIONSWITHANSWERSElectrolysisandStorageofBatteriesQuizQuestionsandAnswersElectromagneticInductionQuizQuestionsandAnswersElectrostaticsQuizQuestionsandAnswersEngineeringMaterialsObjectivetypeQuestionsandAnswersEngineeringMechanicsObjectivetypeQuestionsandAnswersEnginesEnvironmentalEngineeringObjectivetypeQuestionsandAnswersFluidMechanicsInterviewQuestionsFluidMechanicsObjectivetypeQuestionsandAnswersFluidMechanicsProblemsQuizmultiplechoicequestionsdownloadfreeGasTurbinesandJetEnginesObjectivetypeQuestionsandAnswersHeatTransferandAnswersHeatingandWeldingQuizQuestionsandAnswersHighwayengineeringObjectivequestionsandanswersHydraulicMachinesObjectivetypeQuestionsandAnswersHydraulicsandFluidMechanicsObjectiveQuestionsandAnswersI.C.EnginesObjectivetypeQuestionsandAnswersIndustrialDrivesElectricalEngineeringmcqsIndustrialDrivesQuizQuestionsandAnswersIndustrialEngineeringObjectivetypeQuestionsandAnswersMachineDesignObjectiveTypeQuestionsandAnswersMagneticCircuitQuizQuestionsandAnswersMagnetismandElectromagnetismQuizQuestionsandAnswersMeasurementandInstrumentationQuizQuestionsandAnswersMechanicalEngineeringObjectiveTypeQuestionsandAnswersMechanicalEngineeringOnlineModelExamsMechanicalEngineeringOnlineModelExamsNetworkTheoremsQuizQuestionsandAnswersNozzlesandTurbinesObjectiveQuestionsNuclearPowerPlantsObjectivetypequestionsandanswersOnlinetestsforinterviewPolyphaseInductionMotorsQuizQuestionsandAnswersPowerPlantEngineeringQuizQuestionsandAnswersProductionTechnologyObjectivetypeQuestionsandAnswersRailwaysCivilEngineeringQuestionsandAnswersRectifiersandConvertersQuizQuestionsandAnswersRefrigerationandAirConditioningObjectivetypeQuestionsandAnswersSinglePhaseInductionMotorsQuizQuestionsandAnswersSoilMechanicsandFoundationEngineeringObjectiveQuestionsandAnswersSteamBoilersStrengthofMaterialsObjectiveQuestionsandAnswersStrengthofMaterialsQuestionsand

  • (e)24.Ans:c

    25.Thestandardtimeforajobis(a)totalworkcontent(b)basictime+relaxationtime(c)totalworkcontent+basictime(d)totalworkcontent+delaycontigencyallowance(e)totalworkcontent+relaxationtime.Ans:d

    27.Workstudyisdonewiththehelpof(a)processchart(b)materialhandling(c)stopwatch(d)alloftheabove(e)noneoftheabove.Ans:c

    28.Schedulinggivesinformationabout(a)whenworkshouldstartandhowmuchworkshouldbecompletedduringacertainperiod(b)whenworkshouldcomplete(c)thathowidletimecanbeminimised(d)prcperutilisationofmachines(e)noneoftheabove.Ans:a

    29.Expeditingfunctionconsistsinkeepingawatchon(a)operator'sactivity(b)flowofmaterialandincaseoftroublelocatesourceoftrouble(c)minimisingthedelays(d)makingefficientdespatching(e)noneoftheabove.Ans:b

    30.ChoosethewrongstatementTimestudyisusedto(a)determineoverheadexpenses(b)provideabasisforsettingpiecepricesorincentivewages(c)determinestandardcosts(d)determinethecapabilityofanoperatortohandlethenumberofmachines(e)comparealternativemethods.Ans:a

    31.Jobevaluationisthemethodofdeterminingthe(a)relativeworthofjobs(b)skillsrequiredbyaworker(c)contributionofaworker(d)contributionofajob(e)effectivenessofvariousalternatives.Ans:a

    32.Micromotionstudyis(a)analysisofamanworkmethodbyusingamotionpicturecamerawithatimingdeviceinthefieldofview(b)motionstudyobservedonenhancedtimeintervals(c)motionstudyofasequenceofoperationsconductedsystematically(d)studyofmanandmachineconductedsimultaneously(e)scientific,analyticalprocedurefordeterminingoptimumworkmethod.Ans:a

    33.Percentidletimeformenormachinesisfoundby(a)worksampling(b)timestudy(c)methodstudy(d)workstudy(e)ABCanalysis.Ans:a

    34.TMUinmethodtimemeasurementstandsfor(a)timemotionunit(b)timemeasurementunit(c)timemovementunit(d)techniquemeasurementunit(e)timemethodunit.Ans:b

    35.Timestudyis(a)theappraisal,intermsoftime,ofthevalueofworkinvolvinghumaneffort(b)machinesettingtime(c)timetakenbyworkerstodoajob(d)methodoffixingtimeforworkers(e)methodofdeterminingthepersonnelRequirement.Ans:a

    36.Worksamplingobservationsaretakenonthebasisof(a)detailedcalculations(b)convenience(c)tableofrandomnumbers

    AnswersStructuralAnalysisObjectiveQuestionsandAnswersSurveyingProblemsQuizquestionsSwitchgearProtectionsQuizQuestionsandAnswersSynchronousMotorsQuizQuestionsandAnswersTheoryofMachinesObjectivetypeQuestionsandAnswersThermodynamicsModelExamsThermodynamicsObjectiveTypeQuestionsandAnswersThermodynamicsOnlineElectronicsTestMechanicalEngineeringTest3ThermodynamicsOnlineElectronicsTest4MechanicalEngineeringTest4ThermodynamicsOnlineModelTestsThermodynamicsSampleModelPaperTOPCivilEngineeringMultiplechoiceQuestionsandAnswersTransformersQuizQuestionsandAnswersTransmissionandDistributionQuizQuestionsandAnswersTunnelEngineeringObjectivetypeQuestionsandAnswersWaterResourcesandIrrigationEngineering

  • (d)pastexperience(e)fixedpercentageofdailyproduction.Ans:c

    38.Onetimemeasurementunit(TMU)inmethodtimemeasurementsystemequals(a)0.0001minute(b)0.0006minute(c)0.006minute(d)0.001minute(e)0.06minute.Ans:b

    39.Basicmotiontimestudygivestimesforbasicmotionsintenthousandthsof(a)second(b)minute(c)hour(d)day(e)noneoftheabove.Ans:b

    40.Choosethewrongstatement.Motionstudyisusedfor(a)improvingaworkmethod(b)improvisingaworkmethod(c)designingaworkmethod(d)providingaschematicframework(e)reducinginventorycosts.Ans:e

    41.Gnattchartprovidesinformationaboutthe(a)materialhandling(b)properutilisationofmanpower(c)productionschedule(d)efficientworkingofmachine(e)alloftheabove.Ans:c

    42.ABCanalysisdealswith(a)analysisofprocesschart(b)flowofmaterial(c)orderingscheduleofjob(d)controllinginventorycostsmoney(e)alloftheabove.Ans:d

    43.Processlayoutisemployedfor(a)batchproduction(b)continuoustypeofproduct(c)effectiveutilisationofmachines(d)alloftheabove(e)noneoftheabove.Ans:a

    44.Foraproductlayoutthematerialhandlingequipmentmust(a)havefullflexibility(b)employconveyorbelts,trucks,tractorsetc.(c)beageneralpurposetype(d)bedesignedasspecialpurposeforaparticularapplication(e)arrangingshopsaccordingtospecialisationofduties.Ans:d

    45.Travelchartsprovide(a)anideaoftheflowofmaterialsatvariousstages(b)acompactestimateofthehandlingwhichmustbedonebetweenvariousworksections(c)theinformationforchangesrequiredinrearrangingmaterialhandlingequipment(d)anapproximateestimateofthehandlingwhichmustbedoneataparticularstation(e)solutiontohandlingtechniquestoachievemostoptimumresults.Ans:b

    46.Productlayoutisemployedfor(a)batchproduction(b)continuousproduction1(c)effectiveutilizationofmachine(d)alloftheabove(e)noneoftheabove.Ans:b

    48.Theprocesslayoutisbestsuitedwhere(a)specialisationexists(b)machinesarearrangedaccordingtosequenceofoperation(c)fewnumberofnonstandardisedunitsaretobeproduced(d)massproductionisenvisaged(e)boughtoutitemsaremore.Ans:c

    49.Alowunitcostcanbeobtainedbyfollowing(a)productlayout(b)functionallayout

  • (c)automaticmaterialhandlingequipment(d)specializationofoperation(e)minimumtraveltimeplanandcompactlayout.Ans:a

    50.Militaryorganisationisknownas(a)lineorganisation(b)lineandstafforganisation(c)functionalorganisation(d)alloftheabove(e)noneoftheabove.Ans:a

    51.Themaindisadvantageoflineorganisationis(a)toplevelexecutiveshavetodoexcessivework(b)structureisrigid(c)communicationdelaysoccur(d)alloftheabove(e)noneoftheabove.Ans:d

    52.Themainadvantageoflineorganisationisits(a)effectivecommandandcontrol(b)definedresponsibilitiesatalllevels(c)rigiddisciplineintheorganisation(d)abilityofquickdecisionatalllevels(e)alloftheabove.Ans:e

    53.FrederickW.Taylorintroducedasystemofworkingknownas(a)lineorganisation(b)lineandstafforganisation(c)functionalorganisation(d)effectiveorganisation(e)noneoftheabove.Ans:c

    54.Thesalientfeatureoffunctionalorganisationis(a)strictadherencetospecification(b)separationofplanninganddesignpart(c)eachindividualmaintainsfunctionalefficiency(d)workisproperlyplannedanddistributed(e)alloftheabove.Ans:e

    55.ThemostpopulartypeoforganisationusedforCivilEngineeringConstructionsis(a)lineorganisation(b)lineandstafforganisation(c)functionalorganisation(d)effectiveorganisation(e)noneoftheabove.Ans:a

    56.Templatesareusedfor(a)aplanninglayout(b)flowofmaterial(c)advancingaprogrammeinautomaticmachines(d)copyingcomplicatedprofiles(e)noneoftheabove.Ans:a

    57.Insteelplantthemostimportantsystemformaterialshandlingis(a)conveyors(b)cranesandhoists(c)trucks(d)locos(e)noneoftheabove.Ans:d

    58.Routingprescribesthe(a)flowofmaterialintheplant(b)properutilizationofmanpower(c)properutilizationofmachines(d)inspectionoffinalproduct(e)noneoftheabove.Ans:a

    59.Queuingtheorydealswithproblemsof(a)materialhandling(b)reducingthewaitingtimeoridleJajme(c)betterutilizationofmanservices(d)effectiveuseofmachines(e)noneoftheabove.Ans:b

    60.Standardtimeisdefinedas(a)normaltime+allowances

  • (b)normaltime+idletime+allowances(c)normaltime+idletime(d)onlynormaltimeforanoperation(e)noneoftheabove.Ans:a

    61.Fatherofindustrialengineeringis(a)JeckGilberth(b)Gnatt(c)Taylor(d)Newton(e)noneoftheabove.Ans:b

    62.Thegroupingofactivitiesintoorganisationalunitsiscalled(a)corporateplans(b)higherlevelmanagement(c)functionalauthority(d)departmentatidn(e)companypolicy.Ans:d

    63.Whichofthefollowingorganisationispreferredinautomobileindustry(a)functionalorganisation(b)lineorganisation(c)stafforganisation(d)lineandstafforganisations(e)scalarorganisation.Ans:d

    64.Whichofthefollowingorganisationsisbestsuitedforsteelplants(a)functionalorganisation(b)lineorganisation(c)stafforganisation(d)line,staffandfunctionalorganisations(e)scalarorganisation.Ans:a

    65.Thewastageofmaterialinthestoreistakenintoaccountbythefollowingmethodintheevaluationofthematerialissuedfromthestore(a)inflatedsystem(b)primarycostmethod(c)currentvaluemethod(d)fixedpricemethod(e)variablepricemethod.Ans:a

    66.Whichofthefollowingisindependentofsalesforecast(a)productivity(b)inventorycontrol(c)productionplanning(d)productioncontrol(e)capitalbudgeting.Ans:a

    67.Gnattchartsareusedfor(a)forecastingsales(b)productionschedule(c)schedulingandrouting(d)linearprogramming(e)noneoftheabove.Ans:b

    68.Inventorymanagementconsistsof(a)effectiverunningofstores(b)stateofmerchandisemethodsofstrongandmaintenanceetc.(c)stockcontrolsystem(d)alloftheabove(e)noneoftheabove.Ans:d

    69.Gnattchartsprovideinformationabout(a)breakevenpointanalysis(b)productionschedule(c)materialhandlinglayout(d)determiningsellingprice(e)valueanalysis.Ans:b

    70.Inventorycontrolinproduction,planningandcontrolaimsat(a)achievingoptimisation(b)ensuringagainstmarketfluctuations(c)acceptablecustomerserviceatlowcapitalinvestmentininventory(d)discountsallowedinbulkpurchase(e)regulatesupplyanddemand.Ans:c

  • 71.Ininventorycontrol,theeconomicorderquantityisthe(a)optimumlotsize(b)highestlevelofinventory(c)lotcorrespondingtobreakevenpoint(d)capabilityofaplanttoproduce(e)noneoftheabove.Ans:a

    72.Statisticalqualitycontroltechniquesarebasedonthetheoryof(a)quality(b)statistics(c)probability(d)alloftheabove(e)noneoftheabove.Ans:c

    73.Theappellateauthorityforanindustrialdisputeis(a)management(b)labourcourt(c)highcourt/supremecourt(d)boardofdirectors(e)president.Ans:c

    74.UndertheApprenticeshipAct(a)allindustrieshavetonecessarilytraintheapprentices(b)industrieshavetotrainapprenticesaccordingtotheirrequirement(c)allindustriesemployingmorethan100workershavetorecruitapprentices(d)onlyindustriesemployingmorethan500workershavetorecruitapprentices(e)allindustriesotherthansmallscaleindustrieshavetotrainapprentices.Ans:d

    75.Standingorderswhicharestatutoryareapplicableto(a)allindustries(b)allprocessindustriesandthermalpowerplants(c)onlymajorindustries(d)onlykeyindustries(e)allindustriesemployingmorethan100workers.Ans:e

    76.Acceptancesamplingiswidelyusedin(a)batchproduction(b)jobproduction(c)massproduction(d)alloftheabove(e)noneoftheabove.Ans:c

    77.Thetechniqueofvalueanalysiscanbeappliedto(a)complicateditemsonly(b)simpleitemsonly(c)crashprogrammeitemsonly(d)costconsciousnessitemsonly(e)anyitem.Ans:e

    78.Theterm'value'invalueengineeringrefersto(a)totalcostoftheproduct(b)sellingpriceoftheproduct(c)utilityoftheproduct(d)manufacturedcostoftheproduct(e)depreciationvalue.Ans:c

    79.Valueengineeringaimsatfindingoutthe(a)depreciationvalueofaproduct(b)resalevalueofaproduct(c)majorfunctionoftheitemandaccomplishingthesameatleastcostwithoutchangeinquality(d)breakevenpointwhenmachinerequireschange(e)sellingpriceofanitem.Ans:c

    80.Intheperpetualinventorycontrol,thematerialischeckedwhenitreachesits(a)minimumvalue(b)maximumvalue(c)averagevalue(d)alarmingvalue(e)originalvalue.Ans:a

    81.AccordingtoMAPIformula,theoldmachineshouldbereplacedbynewonewhen(a)CAMDAM(c)CAM=DAM(d)thereisnosuchcriterion(e)noneoftheabove.(CAM=Challenger'sAdverseminimumDAM=Defender'sAdverseminimum)

  • Ans:a

    82.MeritRatingisthemethodofdeterminingworthof(a)ajob(b)anindividualemployee(c)aparticulardivisioninworkshop(d)machine(e)overallquality.Ans:b

    83.Materialhandlingandplantlocationisanalysedby(a)Gnattchart(b)binchart(c)Emersonchart(d)travelchart(e)activitychart.Ans:d

    84.Workscostimplies(a)primarycost(b)factorycost(c)factoryexpenses(d)primarycost+factoryexpenses(e)noneoftheabove.Ans:d

    85.Motionstudyinvolvesanalysisof(a)actionsofoperator(b)layoutofworkplace(c)toolingandequipment(d)alloftheabove(e)noneoftheabove.Ans:a

    86.Standardtimeascomparedtonormaltimeis(a)greater(b)smaller(c)equal(d)thereisnosuchcorrelation(e)noneoftheabove.Ans:a

    87.Pickuptheincorrectstatementaboutadvantagesofworksampling(a)permitsafinebreakdownofactivitiesanddelays(b)simultaneousstudyofmanyoperatorsmaybemadebyasingleobserver(c)calculationsareeasier,methodiseconomicalandlesstimeconsuming(d)notimemeasuringdevicesaregenerallyneeded(e)asoperatorsarenotwatchedforlongperiods,chancesofobtainingmisleadingresultsareless.Ans:a

    88.Inwhichofthefollowinglayouts,thelinesneedtothebalanced(a)processlayout(b)productlayout(c)fixedpositionlayout(d)plantlayout(e)functionallayout.Ans:b

    89.Whichofthefollowinglayoutsissuitedformassproduction(a)processlayout(b)productlayout(c)fixedpositionlayout(d)plantlayout(e)functionallayout.Ans:b

    90.Whichofthefollowinglayoutsissuitedtojobproduction(a)processlayout(b)productlayout(c)fixedpositionlayout(d)plantlayout(e)functionallayout.Ans:a

    91.Theemployeesprovidentfundactisapplicableto(a)allindustries(b)allindustriesotherthansmallandmediumindustries(c)volunteers(d)theindustriesnotifiedbyGovernment(e)allmajorindustries.Ans:d

    92.Theamountdeductedfromthesalaryofworkerstowardsemployeesprovidentfundis(a)creditedintoreservesofcompany(b)depositedinnationalisedbank(c)depositedinpostoffice(d)depositedintheaccountofworkerwithemployerorReserveBankofIndia

  • (e)depositedintheaccountofworkerwithProvidentFundCommissioner.Ans:e

    93.Thedeductionsfor,employeesprovidentfundstart(a)immediatelyonjoiningtheservice(b)after60daysofjoiningtheservice(c)after100daysofjoiningtheservice(d)after240daysofjoiningtheservice(e)afteroneyearofjoiningtheservice.Ans:d

    94.Fatheroftimestudywas(a)F.W.Taylor(b)H.L.Gantt(c)F.B.Gilberfh(d)R.M.Barnes(e)H.B.Maynord.Ans:a

    95.Ticktheoddmanout(a)Taylor(b)Drucker(c)McGregor(d)Galileo(e)Parkinson.Ans:d

    96.Currentassetsinclude(a)manufacturingplant(b)manufacturingplantandequipment(c)inventories(d)commonstockheldbythefirm(e)alloftheabove.Ans:a

    97.Theobjectiveoftimestudyistodeterminethetimerequiredtocompleteajobby(a)fastworker(b)averageworker(c)slowworker(d)newentrant(e)anyoneoftheabove.Ans:b

    98.Jobenrichmenttechniqueisappliedto(a)reducelabourmonotony(b)overcomeboringanddemotivatingwork(c)makepeoplehappy(d)alloftheabove(e)noneoftheabove.Ans:d

    99.Forshipvesselindustrythefollowinglayoutisbestsuited(a)processlayout(b)productlayout(c)fixedpositionlayout(d)plantlayout(e)functionallayout.Ans:c

    100.InHalsey5050plan,outputstandardsareestablished(a)bytimestudy(b)frompreviousproductionrecords(c)fromone'sjudgement(d)alloftheabove(e)noneoftheabove.Ans:b

    101.Routingisessentialinthefollowingtypeofindustry(a)assemblyindustry(b)processindustry(c)joborderindustry(d)massproductionindustry(e)steelindustry.Ans:a

    102.Anoptimumprojectscheduleimplies(a)optimumutilisationofmen,machinesandmaterials(b)lowestpossiblecostandshortestpossibletimeforproject(c)timelyexecutionofproject(d)toproducebestresultsundergivenconstraints(e)realisticexecutiontime,minimumcostandmaximumprofits.Ans:b

    103.Graphicalmethod,simplexmethod,andtransportationmethodareconcernedwith(a)breakevenanalysis(b)valueanalysis(c)linearprogramming

  • (d)queingtheory(e)tnaterialhandling.Ans:c

    104.Incrashprogramforaproject(a)bothdirectandindirectcosts,increase(b)indirectcostsincreaseanddirectcostsdecrease(c)directcostsincreaseandindirectcostsdecrease(d)costisnocriterion(e)noneoftheabove.Ans:c

    106.Whichoneofthefollowingrepresentsagroupincentiveplan?(a)ScanlonPlan(b)RowanPlan(c)BedauxPlan(d)TaylorDifferentialPieceRateSystem(e)HalseyPremiumPlan.Ans:a

    107.IntheHalsey5050plan,thefollowingarerewardedmore(a)pastgoodworkers(b)pastpoorworkers(c)pastaverageworkers(d)alloftheabove(e)noneoftheabove.Ans:b

    108.IntheHalseysystemofwageincentiveplan,aworkeris(a)paidasperefficiency(b)ensuredofminimumwages(c)notpaidanybonustillhisefficiency2reaches66%(d)neveraloser(e)inducedtodomorework.Ans:b

    109.'Value'forvalueengineeringandanalysispurposesisdefinedas(a)purchasevalue(b)saleablevalue(c)depreciatedvalue(d)presentworth(e)function/cost.Ans:e

    110.Breakevenanalysiscanbeusedfor(a)shortrunanalysis(b)longrunanalysis(c)averageofabovetworunanalysis(d)thereisnosuchcriterion(e)noneoftheabove.Ans:a

    111.CPMhasfollowingtimeestimate(a)onetimeestimate(b)twotimeestimate(c)threetimeestimate(d)fourtimeestimate(e)niltimeestimate.Ans:a

    112.PERThasfollowingtimeestimate(a)onetimeestimate(b)twotimeestimate(c)threetimeestimate(d)fourtimeestimate(e)niltimeestimate.Ans:c

    113.InLincolnplan(onetypeofgroupincentiveplan),theamountoftheprofitwhichan.employeereceivesinadditiontotheguaranteedbasicpay/wages,isbasedon:(a)astandardratingsystem(b)ameritratingsystem(c)ajobevaluationsystem(d)hisindividualperformance(e)alloftheabove.Ans:b

    114.Whichofthefollowingincentiveplansrensuresapartoftheswingtotheworkerandresttotheemployer(a)Emersonefficiencyplan(b)Taylorplan(c)Halseypremiumplan(d)Pieceratesystem(e)Gilberthplan.Ans:c

    115.Whichofthefollowingisnotwageincentiveplan(a)differentialpieceratesystem

  • (b)Rowanplan(c)Emersonplan(d)Taylorplan(e)Halseyplan.Ans:d

    117.Whichofthefollowingplansmotivatessupervisorsbypayingapremiumontimesavedbyworkers(a)Halseyplan(b)Rowanplan(c)Haynesplan(d)Emerson'splan(e)Taylor'splan.Ans:c

    118.Thetimerequiredtocompleteataskisestablishedandabonusispaidtotheworkerforeveryhourhesavesfromtheestablishedtimerequired.Thistypeofincentiveplanisknownas(a)RowanPlan(b)BedauxPlan(c)TaylorDifferentialPieceratesystem(d)HalseyPremiumplan(e)Dayworkplan.Ans:d

    119.Oneofthebasicessentialsofanincentiveplanisthat(a)adifferentialpieceratesystemshouldexist(b)minimumwagesshouldbeguaranteed(c)provideincentivetogroupefficiencyperformance(d)allstandardsshouldbebasedonoptimumstandardsofproduction(e)allstandardsshouldbebasedontimestudies.Ans:e

    120.IntheEmersonefficiencyplan,aworkerreceivesonlyhisdailywageandnobonusispaidtillhisefficiencyreaches(a)50%(b)661%(c)75%(d)80%(e)90%.Ans:b

    121.AccordingtoRowanplan,ifH=hourlyrate,A=actualtimeandS=standardtime,thenwageswillbe(a)HA(b)HA+(S~A)HA(c)HA+^^H(d)HA+^^H(e)HA+^^HA.Ans:b

    122.IfaworkergetsadailywageofRsHA,thenaccordingtoRowanplan,hismaximumdailyearningscanbe(a)2HA(b)1.33HA(c)1.5HA(d)1.15HA(e)2.5HA.Ans:a

    123.InABCcontrolpolicy,maximumattentionisgivento(a)thoseitemswhichconsumemoney(b)thoseitemswhicharenotreadilyavailable(c)thosexitemswhichareinmoredemand(d)thoseitemswhichconsumemoremoney(e)properqualityassuranceprogrammes.Ans:d

    124.Whichoneofthefollowingrepresentsagroupincentiveplan?(a)HalseyPremiumPlan(b)BedauxPlan(c)LincolnPlan(d)RowanPlan(e)TaylorPlan.Ans:c

    125.Themathematicaltechniqueforfindingthebestuseoflimitedresourcesinanoptimummannerisknownas(a)operationresearch(b)linearprogramming(c)networkanalysis(d)queuingtheory(e)breakevenanalysis.Ans:b

    126.Inorderthatlinearprogrammingtechniquesprovidevalidresults(a)relationsbetweenfactorsmustbelinear(positive)(b)relationsbetweenfactorsmustbelinear(negative)(c)(a)or(b)(d)onlyonefactorshouldchangeatatime,othersremainingconstant(e)noneoftheabove.Ans:c

  • 127.Thelinearprogrammingtechniquescanbeappliedsuccessfullytoindustrieslike(a)ironandsteel(b)foodprocessing(c)oilandchemical(d)banking(e)alloftheabove.Ans:e

    128.Thesimplexmethodisthebasicmethodfor(a)valueanalysis(b)operationresearch(c)linearprogramming(d)modelanalysis(e)noneoftheabove.Ans:c

    129.Thetwobinsystemisconcernedwith(a)orderingprocedure(b)forecastingsales(c)productionplanning(d)despatchingandexpediting(e)noneoftheabove.Ans:a

    130.Thetimerequiredtocompleteajobisestablishedandabonusispaidtotheworkerbasedontheexact%oftimesaved.Thistypeofincentiveplanisknownas(a)DryworkPlan(b)HalseyPremiumPlan(c)TaylorPlan(d)BedauxPlan(e)RowanPlan.Ans:e

    131.Replacementstudiesaremadeonthefollowingbasis:(a)annualcostmethod(b)rateofreturnmethod(c)totallifeaveragemethod(d)presentworthmethod(e)anyoneoftheabove.Ans:e

    132.Stringdiagramisused(a)forcheckingtherelativevaluesofvariouslayouts(b)whenagroupofworkersareworkingataplace(c)whereprocessesrequiretheoperatortobemovedfromoneplacetoanother(d)alloftheabove(e)noneoftheabove.Ans:d

    133.Whichofthefollowingdepreciationsystemensuresthattheinterestbechargedonthecostofmachineasseteveryyearonthebookvalue,buttherateofdepreciationeveryyearremainsconstant(a)sinkingfundmethod(b)straightlinemethod(c)ABCchargingmethod(d)annuitychargingmethod(e)diminishingbalancemethod.Ans:d

    134.Bincardisusedin(a)administrativewing(b)workshop(c)foundaryshop(d)stores(e)assemblyshop.Ans:d

    135.Slackrepresentsthedifferencebetweenthe(a)latestallowabletimeandthenormalexpectedtime(b)latestallowabletimeandtheearliestexpectedtime(c)proposedallowabletimeandtheearliestexpectedtime(d)normalallowabletimeandthelatestexpectedtime(e)projectinitiationtuneandactualstartingtime.Ans:b

    136.PERTandCPMare(a)techniquestodetermineprojectstatus(b)decisionmakingtechniques(c)chartswhichincreaseaestheticappearanceofrooms(d)aidstodeterminecostimplicationsofproject(e)aidstothedecisionmaker.Ans:e

    137.AbigadvantageofPERToverGanttchartsisthatintheformercase(a)activitiesandeventsareclearlyshown(b)earlystartandlatefinishofanactivityareclearlymarked(c)activitytimesareclear(d)criticalpathcanbeeasilydetermined

  • (e)interrelationshipamongactivitiesisclearlyshown.Ans:e

    138.CPMisthe(a)timeorientedtechnique(b)eventorientedtechnique(c)activityorientedtechnique(d)targetorientedtechnique(e)workorientedtechnique.Ans:c

    139.PMTP(predeterminedmotiontimesystems)include(a)MTM(methodtimemeasurement)(b)WFS(workfactorsystems)(c)BNTS(basicmotiontimestudy)(d)alloftheabove(e)noneoftheabbvevAns:d

    140.Workstudycomprisesfollowingmaintechniques(a)methodstudyandworkmeasurement(b)methodstudyandtimestudy(c)timestudyandworkmeasurement(d)methodstudyandjobevaluation(e)valueanalysisandworkmeasurement.Ans:a

    141.Whichofthefollowingequationsisnotinconformitywithothers(a)organisationperformancexmotivation=profits(b)knowledgexskill=ability(c)abilityxmotivation=performance(d)attitudexsituation=motivation(e)performancexresources=organisationperformance.Ans:a

    142.PERTisthe(a)timeorientedtechnique(b)eventorientedtechnique(c)activityorientedtechnique(d)targetorientedtechnique(e)workorientedtechnique.Ans:b

    143.ThebasicdifferencebetweenPERTandCPMisthat(a)PERTdealswitheventsandCPMwithactivities(b)criticalpathisdeterminedinPERTonly(c)costsareconsideredonCPMonlyandnotinPERT(d)guessedtimesareusedinPERTandevaluatedtimesinCPM(e)PERTisusedinworkshopsandCPMinplants.Ans:d

    145.Queingtheoryisusedfor(a)inventoryproblems(b)trafficcongestionstudies(c)jobshopscheduling(d)alloftheabove(e)noneoftheabove.Ans:d

    146.Inqueuingtheory,thenatureofthewaitingsituationcanbestudiedandanalysedmathematicallyif(a)completedetails'ofitemsin,waitinglineareknown(b)arrivalandwaitingtimesareknownandcanbegroupedtoformawaitinglinemodel(c)allvariablesandconstantsareknownandformalinearequation(d)thelawsgoverningarrivals,servicetimes,andtheorderinwhichthearrivingunitsaretakenintosourceareknown(e)alloftheabove.Ans:d

    147.Queingtheoryisassociatedwith(a)sales(b)inspectiontime(c)waitingtime(d)productiontime(e)inventory.Ans:c

    148.Thereasonswhicharebasicallyresponsiblefortheformationofaqueueshouldbethat(a)theaverageservicerateHHessthantheaveragearrivalrate(b)outputrateislinearlyproportionaltoinput(c)outputrateisconstantandtheinputvariesinarandommanner(d)alloftheabove(e)noneoftheabove.Ans:d

    149.MonteCarlosolutionsinqueuingtheoryareextremelyusefulinqueuingproblems(a)thatcan'tbeanalysedmathematically(b)involvingmultistagequeuing(c)toverifymathematicalresults

  • (d)alloftheabove(e)noneoftheabove.Ans:a

    151.Amilestonechart(a)showstheinterdependenceofvariousjobs(b)depictsthedelayofjobs,ifany(c)pointsoutgoingaheadofscheduleofjobs,ifany(d)alloftheabove(e)noneoftheabove.

    152.Barchartsaresuitablefor(a)minorworks(b)majorworks(c)largeprojects(d)alloftheabove(e)noneoftheabove.

    153.Thefirstmethodinventedforplanningprojectswas(a)barchartmethod(b)milestonechart(c)criticalpathmethod(CPM)(d)programmeevaluationandreviewtechnique(PERT)(e)noneoftheabove.

    154.Pickupthecorrectstatementfromthefollowing(a)programmeevaluationandreviewtechniqueiseventoriented(b)programmeevaluationandreviewtechniqueisnoteventoriented(c)criticalpathmethodiseventoriented(d)critical.pathmethodisnotactivityoriented(e)noneoftheabove.155.Pickupthecorrectstatementfromthefollowing(a)criticalpathmethodisanimprovementuponbarchartmethod(b)criticalpathmethodprovidesarealisticapproachtothedailyproblems(c)criticalpathmethodavoidsdelayswhichareverycommoninbarchart(d)criticalpathmethodwasinventedbyMorganR.WalkerofDupotandJamesE.KelleyofRemingtonU.S.Ain1957(e)alloftheabove.

    156.PickupthecorrectstepusedforschedulingaprojectbyC.P.M.(a)aprojectisdividedintovariousactivities(b)requiredtimeforeachactivityisestablished(c)sequenceofvariousactivitiesismadeaccordingtotheirimportance(d)networkisdrawnbyconnectingtheactivitiesandtheevents(e)alloftheabove.

    157.Thetimeofcompletingaprojectinnetworkanalysisisgivenbyfollowingtimeofthecriticalactivitymeetingatthefinalepisode(a)earlyfinish(b)earlystart(c)latestart(d)latefinish(e)noneoftheabove.

    158.Thedisadvantageofproductlayoutis(a)highinitialinvestmentforthespecializedfacilities(b)skilledlabourtooperatemachines(c)productiontimeislonger,requiringmoregoodsininventory(d)highcostofinspection(e)costlyandcomplexproductioncontrol.

    159.Emergencyrushordercanbepushedmoreeffectivelyin(a)jobproduction(b)automaticproduction(c)continuousproduction(d)intermittentproduction(e)noneoftheabove.

    160.Routingassistsengineersindecidinginadvance(a)theflowofmaterialintheplant(b)themethodsofproperutilizationofmanpower(c)themethodsofproperutilizationofmachines(d)thelayoutoffactoryfacilities(e)normalrouteofworkersthroughtheplant.

    161.TheperformanceofaspecifictaskinCPMisknownas(a)dummy(b)event(c)activity(d)contract(e)noneoftheabove.

    162.Pickuptheincorrectstatementfromthefollowing(a)anactivityoftheprojectisdenotedbyanarrowonthenetwork(b)thetailofthearrowindicatesthestartoftheactivity(c)theheadofthearrowindicatestheendof,theactivity!(d)thearrowsaredrawn(toscalefrom)lefttoright(e)eachactivityconsumesagiventime

  • 163.Theartificialactivitywhichindicatesthatanactivityfollowingitcannotbestartedunless,theprecedingactivityiscomplete,isknownas(a)event(b)freefloat(c)artificial(d)constraint(e)dummy.

    164.Adummyactivity(a)isartificiallyintroduced(b)isrepresentedbyadottedline(c)doesnotrequireanytime(d)alloftheabove(e)noneoftheabove.

    165.IfE>istheduration,ESandEFaredieearlieststartandfinishtimes,LSandLFarelateststartandfinishtimes,thenthefollowingrelationholdsgood(a)EF=ES+D(b)LS=LFD(c)LF=LS+D(d)D=EFES(e)alloftheabove.

    166.Thedifferencebetweenthetimeavailabletodothejobandthetimerequiredtodothejob,isknownas(a)event(b)float(c)duration(d)constraint(e)noneoftheabove.

    167.TheprobabilitydistributionofactivitytimesinPERTfollowsfollowingdistribution(a)normal(b)binomial(c)beta(d)exponential(e)Gaussian.

    168.TheprobabilitydistributionofprojectcompletioninPERTfollowsfollowingdistribution(a)normal(b)binominal(c)beta(d)exponential(e)Gaussian.

    169.IfTListhelargestallowableeventoccurrencetime,totalactivityslack(s)isequalto(a)lateststarttimeearlieststarttime(b)latestfinishtimeearliestfinishtime(EFT)(c)TLEFT{d)alltheabove(e)noneoftheabove.

    170.Thecriticalactivityhas(a)maximumfloat(p)minimumfloat(c)zerofloat,(d)averagefloat(e)noneofthese.

    171.Thetimebywhichtheactivitycompletiontimecanbedelayedwithoutaffectingthestartofsucceedingactivities,isKnownas(a)duration(b)totalfloat(c)freefloat(d)interferingfloat(e)noneoftheabove.

    172.Thecriticalpathofanetworkrepresents(a)theminimumtimerequiredforcompletionofproject(b)themaximumtimerequiredforcompletionofproject(c)maximumcostrequiredforcompletionofproject(d)minimumcostrequiredforcompletionofproject(e)noneoftheabove.

    173.Pickupthecorrectstatementfromthefollowing(a)thefloatmaybepositive,zeroornegative(b)ifthefloatispositiveandtheactivityisdelayedbyaperiodequaltoitstotalfloat,thecompletionofprojectinnotdelayed(c)ifthefloatofanactivityisnegative,delayinitsperformanceisboundtodelaythecompletionofproject(d)ifthefloatofanactivityiszero,theactivityiscriticalandanydelayinitsperformancewilldelaythewholeproject(e)alloftheabove.

    174.Criticalpathmovesalongtheactivitieshavingtotalfloatof(a)positivevalue(b)negativevalue(c)zerovalue(d)samevalue

  • (e)noneoftheabove.

    175.CriticalPathNetWorkhelpsanengineer(a)toconcentratehisattentiononcriticalactivities(b)todiverttheresourcesfromnoncriticaladvancedactivitiestocriticalactivities(c)tobecautiousforavoidinganydelayinthecriticalactivitiestoavoiddelayofthewholeproject(d)alloftheabove(e)noneoftheabove.

    177.Thetimewhichresultsintheleastpossibledirectcostofanactivityisknownas(a)normaltime(b)slowtime(c)crashtime(d)standardtime(e)noneoftheabove.

    178.Thetechniqueforestablishingandmaintainingprioritiesamongthevariousjobsofanyprojectisknownas(a)eventflowschedulingtechnique(b)criticalratioscheduling(c)slottingtechniqueforscheduling(d)shortintervalscheduling(e)noneoftheabove.

    179.Pickuptheincorrectstatementfromthefollowing.Acriticalratioscheduling(a)establishestherelativeprioritiesamongvariousactivitiesonacommonbasis(b)determinesthestatusofeachactivity(c)adjustsautomaticallychangesinactivityprogress(d)isadynamicsystem(e)noneoftheabove.

    181.PERTis(a)ananalytictoolinconcept'(b)limitupofeventorienteddiagrams(c)usedforresearchanddevelopmentprojects(d)basedonthreetimeestimatesforactivitieslinkinguptwoevents(e)alloftheabove.

    182.CPMis_____.(a)synthesisinginconcepts(b)isbuiltofactivitiesorientedprogrammes(c)is,basedononetimeeytimate(d)isusedforrepetitiveworks(e)alloftheabove.

    183.ACPMfamilyincludes(a)CPA(CriticalPathAnalysis)(b)CPP(CriticalPathPlotted)(c)MCE(MinimumCostExpenditure)(d)CPS(CriticalPathScheduling)(e)alloftheabove.

    184.PERT/CPM,techniquescanbeusedforfollowingapplications(a)oncethroughproject(b)maintenancejobs(c)researchanddevelopment(d)allnontechnicaljobs(e)alloftheabove.

    185.PERTanalysisisbasedon(a)optimistictime(b)pessimistictime(c)mostlikelytime(d)alloftheabove(e)noneoftheabove.

    186.Discrepanciesofbarcharttechniquesare(a)consequentialeffectsoflackinoneactivityonomer(b)consequentialeffectsoflackinoneactivityonthefinishdate(c)freetimeavailableforanactivitycan'tbepredicted(d)effectivemonitoring/controllingcan'tbedone(e)alloftheabove.

    187.OonaPERT/CPMchartrepresents(a)anordinaryevent(b)asignificanteventrepresentingsomemilestone(c)aneventtobetransferredtoothernetworkchart(d)danglingevent(e)dummyevent.

    188.[]onaPERT/CPMchartrepresents(a)anordinaryevent(b)asignificanteventrepresentingsomemilestone(c)aneventtobetransferredtoothernetworkchart(d)danglingevent(e)dummyevent.

    190.Pickupthecorrectstatement.DummyactivityonaPERT/CPMchartmeans,it

  • (a)consumestime,butnoresources(b)consumesresourcesbutnotime(c)consumesneithertimenorresources(d)isadanglingevent(e)consumesbothresourcesandtime.

    191.CriticalpathonPERT/CPMchartisobtainedbyjoiningtheeventshaving(a)maximumslack(b)minimumslack(c)averageslack(d)noslack(e)judgementandexperience.

    192.SlackofvariouseventsonthecriticalpathinPERT/CPMchart(a)increasescontinuously(b)decreasescontinuously(c)remainsconstant(d)mayincreaseordecreasedependingonvariousfactors(e)unpredictable.

    193.TheassumptioninPERTis(a)aprojectwillalwaysbebehindschedule,ifleftuncorrected(b)costofprojectwillalwaysbemorethantheestimatedcost,ifnotimelycorrectionsaretaken(c)aprojectcanbesubdividedintoasetofpredictable,independentactivities(d)activitiesarefixedandcan'tbechanged,(e)commissioningtimecanbechanged,ifactivitiesarebehindschedule.

    194.Activitys,lackorfloatofanyeventonaPERT/CPMchartisrepresentedby(a)lateststarttimeofsucceedingeventearliestfinishtimeofprecedingeventactivitytime(b)lateststarttimeoftheeventearlieststarttimeoftheevent(c)latestfinishtimeofeventearliestfinishtimeoftheevent(d)anyoneoftheabove(e)noneoftheabove.

    195.TheimportantfileinmakingaPERTis(a)aneventcan'tbeaccomplisheduntilactivitiesleadingtoitarecompleted(b)noactivityfromanyeventcanbestartedfromprecedingeventtillitiscompleted(c)lengthofarrowhasnothingtodowithtime(d)everyactivitymustbecompletedbeforeendpointisreached(e)alloftheabove.

    196.Aneventisindicatedonthenetworkby(a)astraightline(b)anumberenclosedinacircleorasquare(c)astraightlinewithcirclesattheends(d)adottedline(e)anarrow.

    197.InaPERTchart(a)allactivitiesshouldbenumbered(b)onlyimportantactivitiesshouldbenumbered(c)onlycriticalactivitiesarenumbered(d)onlyselectedactivitiesarenumbered(e)noactivityisnumbered.

    198.PositiveslackonaPERTindicatesthatprojectis(a)aheadofschedule(b)beyondschedule(c)asperschedule(d)oncriticalpath(e)noneoftheabove.

    199.Pessimistictimeis(a)themaximumtimewhichanactivitymightrequire(b)theaveragetimerequiredforajob(c)themostprobabletimeconsideringallconditions(d)theminimumtimeinwhichanactivitycanpossiblybeaccomplished(e)theearliestfinish.

    200.InPERTanalysis,criticalpathisobtainedbyjoiningeventshaving(a)+veslack(b)veslack(c)zeroslack(d)dummyactivities(e)criticalactivities.

    201.Theslackonvariouseventsatcriticalpathwillbe(a)sameasattheendpoint(b)decreasingproportionaltothatattheendpoint(c)increasingproportionaltothatattheendpoint(d)maximumcomparedtootherevents(e)noneoftheabove.

    202.AcriticalpathonaPERTchart(a)startsfromstartpointandendsatendpoint(b)startsfromstartpointandmayendanywhere(c)maystartfromanywherebutendsatendpoint

  • (d)maystartandendatanypoint(e)noneoftheabove.

    203.Capitalexpendituremeans(a)expensesincurredinacquiringcapital(b)mainexpenditure(c)recurringexpenditure(d)expenditureonprocurementoffixedassets(e)expenditureonproperty.

    205.Arupeereceivedoneyearhenceisnottheequivalentofarupeereceivedtoday,becausetheuseofmoneyhasavalue.Thisistheprincipleunder(a)paybackmethod(b)averagereturnoninvestmentmethod(c)presentvaluemethod(d)discountedcashflowmethod(e)costaccountingmethod.

    206.Theequalpaymentseriessinkingfundfactorforagivennumberofyears(n)isusedtocalculate(a)equalpaymentstobemadeattheendofeachyearwhencompoundamountafternyearsisgiven(b).compoundamountafternyearswhenpaymentstobemadeeachyeararegiven(c)presentnetworthwhenpaymentstobemadeeachyeararegiven(d)equalpaymentstobemadeattheendofeachyearwhenpresent,networthisgiven(e)presentnetworthwhenthecompoundamountafternyearsisgiven.

    207.Allfinancialdecisionsonanyprojectappraisalarebasedonthe(a)futurevalueofmoney(b)presentvalueofmoney(c)opportunitycostofmoney(d)anyoneoftheabove(e)noneoftheabove.

    208.Thecapitalandrunningcostsofsimilarmachineshavingunequalservicelifecanbecomparedby(a)presentnetworthmethod(b)rateofreturnmethod(c)equivalentannualcostmethod(d)capitalisedcostmethod(e)depreciationmethod.

    212.InProjectappraisal,theterm'externalities'refersto(a)extraneouselements(b)unknownfactors(c)unforeseenfactors(d)indirectbenefitsandindirectcosts(e)itemsoverwhichthereisnocontrol.

    213.Thecriteriontodecidebetweenvariousalternativesinprojectappraisalis(a)netpresentvaluecriterion(b)benefit/costratiocriterion(c)internalrateofreturncriterion(d)anyoneoftheabove(e)noneoftheabove.

    214.Thebenefit/costratiocriterionisusedtodecidebetweenvariousalternativesinaprojectappraisalforcomparing(a)identicalprojects(b)similarprojects(c)dissimilarprojects(d)allprojects(e)noneoftheabove.

    215.Capitalizedcostcomparisonmethodisusedforcomparingalternativeshaving(a)highinitialcost(b)highmaintenancecost(c)highservicelife(d)highelectricityconsumingdevices(e)highrunningcost.

    216.Internalrateofreturnisthatdiscountratewhichmakesthevalueofnetpresentvalueequalto(a)zero(b)1(c)infinity(d)some+vevalue(e)somevevalue.

    217.Foraprojecttobefeasible,internalrateofreturnshouldbegreaterthan(a)zero(b)1(c)rateofinterestforloan(d)expenses(e)losseslikelytobeincurred.

    218.Inprojectappraisalstudies'intangibles'arethoseitemswhichcan(a)bequantifiedintermsofmoney(b)bequantifiedbutcan'tbeconvertedintomoneyterms(c)neitherbequantifiednortranslatedinmoneyterms(d)notbeconsideredandareusuallyignored(e)receivehighestpriority.

  • NewerPost OlderPostHome

    Subscribeto:PostComments(Atom)

    PostedbyNgarajurajuat01:55

    Labels:IndustrialEngineeringObjectivetypeQuestionsandAnswers

    219.Simplexmethodisusedfor(a)linearprogramming(b)queuingtheory(c)networkanalysis(d)valueengineering(e)alloftheabove.

    220.Depreciationofmachinesiscategorizedunderthehead(a)directexpenses(b)indirectexpenses(c)receipts(d)administrativeexpenses(e)indirectmaterialcosts.

    221.Depreciationofmachines,accordingtoincometaxregulationsiscalculatedonthebasisoffollowingmethod(a)straightline(b)sinkingfund(c)machinehour(d)rateofreturn(e)decliningbalance.

    222.Inprojectappraisalanalysis,shadowpricesare(a)usedforlostitems(b)usedtoconvertinputsintocostandoutputintobenefits(c)usedtodeterminefeasibilityofproject(d)takenasthebasisfordeterminingvalueofalltheassets(e)noneoftheabove,

    223.Cashdiscountsarereductioninpriceofgoods(a)soldoncredit(b)whichdependsonassuranceofpayment(c)whichdependsonpromptcashpayment(d)obtainableonbaddebtloans(e)whichhavegoodbargainingcapacityofseller.

    Monthly SIP InvestmentsInvest as low as Rs 1000pm in Top SIPs in just 2mins. Start a ZipSip.

    +1 Recommend this on Google

    Enteryourcomment...

    Commentas: GoogleAccount

    Publish Preview

    PostaComment

    Nocomments:

    PostaComment

    ElectricalEngineeringMultipleChoiceQuestionsandAnswersHereyoucanfindobjectivetypeElectricalEngineeringquestionsandanswersforinterviewandentranceexamination.ElectricalEngineeri...

    MechanicalEngineeringMultipleChoiceQuestionsandAnswersListMechanicalEngineeringquestionsandanswerswithexplanationforinterview,competitiveexaminationandentrancetest.Fullysolvedexampl...

    109TOPMeasurementandInstrumentationElectricalEngineeringMultiplechoiceQuestionsandAnswersLatestMeasurementandInstrumentationQuestionsandAnswersList1.Theuseof_____instrumentsismerelyconfinedwithinlaboratories...

    152TOPThermodynamicsMechanicalEngineeringMultiplechoiceQuestionsandAnswersListThermodynamicsQuestionsandAnswerspdffreedownload1.Whichofthefollowingvariablescontrolsthephysicalpropertiesofaperfect...

    135TOPTransformersElectricalEngineeringMultipleChoiceQuestionsandAnswersLatestTransformersInterviewQuestionsandAnswersList1.Whichofthefollowingdoesnotchangeinatransformer?(a)Current(b...

    250TOPI.C.EnginesMechanicalEngineeringMultiplechoiceQuestionsandAnswersList

    PopularPosts

  • I.C.EnginesQuestionsandAnswerspdffreedownload1.Theworkingcycleincaseoffourstrokeengineiscompletedinfollowingnumber...

    102TOPTransmissionandDistributionElectricalEngineeringMultipleChoiceQuestionsandAnswersLatestTransmissionandDistributionQuestionsandAnswersList1.Bywhichofthefollowingsystemselectricpowermaybetransmitted?...

    103TOPHeatTransferMechanicalEngineeringMultipleChoiceQuestionsandAnswersListLatestHeatTransferQuestionsandAnswerspdffreedownload1.UnitofthermalconductivityinM.K.S.unitsis(a)kcal/kgm2C(b)kc...

    118TOPCurrentElectricityElectricalEngineeringMultipleChoiceQuestionsandAnswersLatestCurrentElectricityQuestionsandAnswersList1.TheS.I.unitofpoweris(a)Henry(b)coulomb(c)watt(d)watthourA...

    109TOPA.C.Fundamentals,CircuitsandCircuitTheoryMultipleChoiceQuestionsandAnswersLatestA.C.Fundamentals,CircuitsandCircuitTheoryQuestionsandAnswers1.Asinewavehasafrequencyof50Hz.Itsangularfrequen...

    PoweredbyBlogger.