Question: Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant_____________________?

• 1. sinking fund method
• 2. straight line method
• 3. A-B-C charging method
• 4. annuity charging method

Question: The two-bin system is concerned with_________________?

• 1. ordering procedure
• 2. forecasting sales
• 3. production planning
• 4. despatching and expediting

Question: The linear programming techniques can be applied successfully to industries like_________________?

• 1. iron and steel
• 2. food processing
• 3. oil and chemical
• 4. all of the above

Question: The mathematical technique for finding the best use of limited resources in an optimum manner is known as___________________?

• 1. operation research
• 2. linear programming
• 3. network analysis
• 4. queuing theory

Question: In A-B-C control policy, maximum attention is given to__________________?

• 1. those items which consume money
• 2. those items which are not readily available
• 3. those x items which are in more demand
• 4. those items which consume more money

Question: According to Rowan plan, if H = hourly rate, A = actual time and S = standard time, then wages will be___________________?

• 1. HA
• 2. HA + (S~A) HA
• 3. HA + ^^-H
• 4. HA + ^^-H

Question: One of the basic essentials of an incentive plan is that_________________?

• 1. a differential piece rate system should exist
• 2. minimum wages should be guaranteed
• 3. provide incentive to group efficiency performance
• 4. all standards should be based on time studies

Question: Which of the following is not wage incentive plan_________________?

• 1. differential piece rate system
• 2. Rowan plan
• 3. Emerson plan
• 4. Taylor plan

Question: Pick up the correct statement from the following?

• 1. critical path method is an improvement upon bar chart method
• 2. critical path method provides a realistic approach to the daily problems
• 3. critical path method avoids delays which are very common in bar chart
• 4. all of the above

Question: Pick up the correct statement from the following?

• 1. the float may be positive, zero or negative
• 2. if the float is positive and the activity is delayed by a period equal to its total float, the completion of project in not delayed
• 3. if the float of an activity is negative, delay in its performance is bound to delay the completion of project
• 4. all of the above