Industrial Engineering and Production Management

Question: In perpetual inventory control, the material is checked as it reaches its
[A].

maximum value

[B].

minimum value

[C].

average value

[D].

any one of these

Answer: Option D

Explanation:

No answer description available for this question.

Question: If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by
[A].

[B].

[C].

[D].

Answer: Option C

Explanation:

No answer description available for this question.

Question: In A-B-C analysis, which class of items are generally large in number?
[A].

A

[B].

B

[C].

C

[D].

none of these

Answer: Option C

Explanation:

No answer description available for this question.

Question: In inventory control, the economic ordering quantity is obtained by the quantity whose procurement cost is equal to inventory carrying cost.
[A].

True

[B].

False

Answer: Option A

Explanation:

No answer description available for this question.

Question: A-B-C analysis is used in
[A].

CPM

[B].

PERT

[C].

inventory control

[D].

all of these

Answer: Option C

Explanation:

No answer description available for this question.

Question: A-B-C analysis
[A].

is a basic technique of materials management

[B].

is meant for relative inventory control

[C].

does not depend upon the unit cost of the item but on its annual consumption

[D].

all of the above

Answer: Option D

Explanation:

No answer description available for this question.

Question: Line organisation is suitable for a big organisation.
[A].

Correct

[B].

Incorrect

Answer: Option B

Explanation:

No answer description available for this question.

Question: Line organisation is suitable for
[A].

sugar industries

[B].

oil refining industries

[C].

spinning and weaving industries

[D].

all of these

Answer: Option D

Explanation:

No answer description available for this question.

Question: In a functional organisation
[A].

quality of work is better

[B].

wastage of material is minimum

[C].

specialised knowledge and guidance to individual worker is provided

[D].

all of the above

Answer: Option D

Explanation:

No answer description available for this question.

Question: F. W. Taylor introduced a system of organisation known as
[A].

line organisation

[B].

functional organisation

[C].

line and staff organisation

[D].

line, staff and functional organisation

Answer: Option B

Explanation:

No answer description available for this question.