Question:

The best way of improving the productivity of capital is:

A.

Purchase automatic machines

B.

Effective Labour control

C.

To use good financial management

D.

Productivity of capital is to be increased through effective materials management.

Answer» d. Productivity of capital is to be increased through effective materials management.

Question:

Computers are used in Production control in this area:

A.

Follow-up activity

B.

To control labour

C.

To disseminate information

D.

Loading, Scheduling and Assignment works.

Answer» d. Loading, Scheduling and Assignment works.

Question:

Which of the following aims at finding the best and most efficient way of using theavailable resources—men, materials, money and machinery?

A.

Method Study

B.

Work Study

C.

Time Study

D.

Motion Study

Answer» b. Work Study

Question:

The time by which an activity can be rescheduled without affecting the otheractivities – preceding or succeeding is called as

A.

Slack

B.

Independent Float

C.

Free Float

D.

Total Float

Answer» b. Independent Float

Question:

The document, which is used to show planning quantity standards and productionplan, is known as:

A.

Planning specifications

B.

Route sheet

C.

Bill of materials

D.

Operation sheet

Answer» a. Planning specifications

Question:

The quantities for which the planner has to prepare production plan are known as:

A.

Optimal quantity of products

B.

Material planning

C.

Quantity planning

D.

Planning quantity standards.

Answer» d. Planning quantity standards.

Question:

Variety reduction is generally known as:

A.

Less varieties

B.

Simplification

C.

Reduced varieties

D.

None of the above

Answer» b. Simplification

Question:

With reference to project management, identify which of the following statement is NOT correct?

A.

Gantt chart is a principal tool used in scheduling and also in some methods of loading.

B.

Routing is the first step in the production planning.

C.

The cost of any activity is proportional to its time of completion.

D.

The free float can be calculated by subtracting EFT from EST.

Answer» d. The free float can be calculated by subtracting EFT from EST.

Question:

Which one of the following standards is associated with the “Quality Assurance in FinalInspection Test”?

A.

ISO 9001

B.

ISO 9002

C.

ISO 9003

D.

ISO 9004

Answer» c. ISO 9003

Question:

Application of technology or process to the raw material to add use value is knownas:

A.

Product

B.

Production

C.

Application of technology

D.

Combination of technology and process.

Answer» b. Production