121. Accordmg to Rowan plan, if H = hourly rate, A = actual time and S = standard time, then wages will be
(a) HA
(b) HA + (S~A) HA
(c) HA + ^^-H
(d) HA + ^^-H
(e) HA + ^^-HA.
Ans: b
122. If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be
(a) 2 HA
(b) 1.33 HA
(c) 1.5 HA
(d) 1.15 HA
(e) 2.5 HA.
Ans: a
123. In A-B-C control policy, maximum attention is given to
(a) those items which consume money
(b) those items which are not readily available
(c) thosex items which are in more demand
(d) those items which consume more money
(e) proper quality assurance program-mes.
Ans: d
124. Which one of the following represents a group incentive plan ?
(a) Halsey Premium Plan
(b) Bedaux Plan
(c) Lincoln Plan
(d) Rowan Plan
(e) Taylor Plan.
Ans: c
125. The mathematical technique for finding the best use of limited resources in an optimum manner is known as
(a) operation research
(b) linear programming
(c) network analysis
(d) queuing theory
(e) break-even analysis.
Ans: b
126. In order that linear programming techniques provide valid results
(a) relations between factors must be linear (positive)
(b) relations between factors must be linear (negative)
(c) (a) or (b)
(d) only one factor should change at a time, others remaining constant
(e) none of the above.
Ans: c
127. The linear programming techniques can be applied successfully to industries like
(a) iron and steel
(b) food processing
(c) oil and chemical
(d) banking
(e) all of the above.
Ans: e
128. The simplex method is the basic method for
(a) value analysis
(b) operation research
(c) linear programming
(d) model analysis
(e) none of the above.
Ans: c
129. The two-bin system is concerned with
(a) ordering procedure
(b) forecasting sales
(c) production planning
(d) despatching and expediting
(e) none of the above.
Ans: a
130. The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time
saved. This type of incentive plan is known as
(a) Dry work Plan
(b) Halsey Premium Plan
(c) Taylor Plan
(d) Bedaux Plan
(e) Rowan Plan.
Ans: e
131. Replacement studies are made on the fol-lowing basis:
(a) annual cost method
(b) rate of return method
(c) total life average method
(d) present worth method
(e) any one of the above.
Ans: e
132. String diagram is used
(a) for checking the relative values of various layouts
(b) when a group of workers are working at a place
(c) where processes require the operator to be moved from one place to another
(d) all of the above
(e) none of the above.
Ans: d
133. 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
(a) sinking fund method
(b) straight line method
(c) A-B-C charging method
(d) annuity charging method
(e) diminishing balance method.
Ans: d
134. Bin card is used in
(a) administrative wing
(b) workshop
(c) foundary shop
(d) stores
(e) assembly shop.
Ans: d
135. Slack represents the difference between the
(a) latest allowable time and the normal expected time
(b) latest allowable time and the earliest expected time
(c) proposed allowable time and the ear-liest expected time
(d) normal allowable time and the latest expected time
(e) project initiation tune and actual starting time.
Ans: b
136. PERT and CPM are
(a) techniques to determine project status
(b) decision making techniques
(c) charts which increase aesthetic ap-pearance of rooms
(d) aids to determine cost implications of project
(e) aids to the decision maker.
Ans: e
137. A big advantage of PERT over Gantt charts is that in the former case
(a) activities and events are clearly shown
(b) early start and late finish of an ac¬tivity are clearly marked
(c) activity times are clear
(d) critical path can be easily determined
(e) inter-relationship among activities is clearly shown.
Ans: e
138. CPM is the
(a) time oriented technique
(b) event oriented technique
(c) activity oriented technique
(d) target oriented technique
(e) work oriented technique.
Ans: c
(a) HA
(b) HA + (S~A) HA
(c) HA + ^^-H
(d) HA + ^^-H
(e) HA + ^^-HA.
Ans: b
122. If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be
(a) 2 HA
(b) 1.33 HA
(c) 1.5 HA
(d) 1.15 HA
(e) 2.5 HA.
Ans: a
123. In A-B-C control policy, maximum attention is given to
(a) those items which consume money
(b) those items which are not readily available
(c) thosex items which are in more demand
(d) those items which consume more money
(e) proper quality assurance program-mes.
Ans: d
124. Which one of the following represents a group incentive plan ?
(a) Halsey Premium Plan
(b) Bedaux Plan
(c) Lincoln Plan
(d) Rowan Plan
(e) Taylor Plan.
Ans: c
125. The mathematical technique for finding the best use of limited resources in an optimum manner is known as
(a) operation research
(b) linear programming
(c) network analysis
(d) queuing theory
(e) break-even analysis.
Ans: b
126. In order that linear programming techniques provide valid results
(a) relations between factors must be linear (positive)
(b) relations between factors must be linear (negative)
(c) (a) or (b)
(d) only one factor should change at a time, others remaining constant
(e) none of the above.
Ans: c
127. The linear programming techniques can be applied successfully to industries like
(a) iron and steel
(b) food processing
(c) oil and chemical
(d) banking
(e) all of the above.
Ans: e
128. The simplex method is the basic method for
(a) value analysis
(b) operation research
(c) linear programming
(d) model analysis
(e) none of the above.
Ans: c
129. The two-bin system is concerned with
(a) ordering procedure
(b) forecasting sales
(c) production planning
(d) despatching and expediting
(e) none of the above.
Ans: a
130. The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time
saved. This type of incentive plan is known as
(a) Dry work Plan
(b) Halsey Premium Plan
(c) Taylor Plan
(d) Bedaux Plan
(e) Rowan Plan.
Ans: e
131. Replacement studies are made on the fol-lowing basis:
(a) annual cost method
(b) rate of return method
(c) total life average method
(d) present worth method
(e) any one of the above.
Ans: e
132. String diagram is used
(a) for checking the relative values of various layouts
(b) when a group of workers are working at a place
(c) where processes require the operator to be moved from one place to another
(d) all of the above
(e) none of the above.
Ans: d
133. 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
(a) sinking fund method
(b) straight line method
(c) A-B-C charging method
(d) annuity charging method
(e) diminishing balance method.
Ans: d
134. Bin card is used in
(a) administrative wing
(b) workshop
(c) foundary shop
(d) stores
(e) assembly shop.
Ans: d
135. Slack represents the difference between the
(a) latest allowable time and the normal expected time
(b) latest allowable time and the earliest expected time
(c) proposed allowable time and the ear-liest expected time
(d) normal allowable time and the latest expected time
(e) project initiation tune and actual starting time.
Ans: b
136. PERT and CPM are
(a) techniques to determine project status
(b) decision making techniques
(c) charts which increase aesthetic ap-pearance of rooms
(d) aids to determine cost implications of project
(e) aids to the decision maker.
Ans: e
137. A big advantage of PERT over Gantt charts is that in the former case
(a) activities and events are clearly shown
(b) early start and late finish of an ac¬tivity are clearly marked
(c) activity times are clear
(d) critical path can be easily determined
(e) inter-relationship among activities is clearly shown.
Ans: e
138. CPM is the
(a) time oriented technique
(b) event oriented technique
(c) activity oriented technique
(d) target oriented technique
(e) work oriented technique.
Ans: c
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