Question: In perpetual inventory control, the material is checked as it reaches its__________________?
- 1. minimum value
- 2. maximum value
- 3. average value
- 4. middle value
Question: The reasons which are basically responsible for the formation of a queue should be that ___________________?
- 1. the average service rate Hess than the average arrival rate
- 2. output rate is linearly proportional to input
- 3. output rate is constant and the input varies in a random manner
- 4. all of the above
Question: In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if_________________?
- 1. complete details’of items in, waiting line are known
- 2. arrival and waiting times are known and can be grouped to form a waiting line model
- 3. all variables and constants are known and form a linear equation
- 4. the laws governing arrivals, service times, and the order in which the arriving units are taken into source are known
Question: PERT stands for k (fit) project evaluation and review technique__________________?
- 1. project examination and review technique
- 2. project evaluation and reporting technique
- 3. process execution and reporting technology
- 4. project execution and results technique
Question: PERT is the__________________?
- 1. time oriented technique
- 2. event oriented technique
- 3. activity oriented technique
- 4. target oriented technique
Question: Work study comprises following main techniques_________________?
- 1. method study and work measurement
- 2. method study and time study
- 3. time study and work measurement
- 4. method study and job evaluation
Question: CPM is the___________________?
- 1. time oriented technique
- 2. event oriented technique
- 3. activity oriented technique
- 4. target oriented technique
Question: PERT and CPM are__________________?
- 1. techniques to determine project status
- 2. decision making techniques
- 3. charts which increase aesthetic appearance of rooms
- 4. aids to the decision maker
Question: Bin card is used in__________________?
- 1. administrative wing
- 2. workshop
- 3. foundry shop
- 4. stores
Question: Replacement studies are made on the fol-lowing basis_________________?
- 1. annual cost method
- 2. rate of return method
- 3. total life average method
- 4. any one of the above