Industrial Engineering Set 2

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This set of Industrial Engineering Multiple Choice Questions & Answers (MCQs) focuses on Industrial Engineering Set 2

Q1 | Which of the following properties is not subjected to depreciation?
  • Land
  • Automotive equipment
  • Buildings
  • Manufacturing machinery
  • None of the above
Q2 | Flatted roof buildings are preferred for
  • electronic industries
  • foundries
  • automobiles assembly lines
  • rolling mills
  • None of the above
Q3 | Escrow means
  • A property held by a third person forcing the creditors to fulfil the obligation of the creditor
  • A property attached by the court order
  • A property lost in transit or fire for which claim from insurance company is due
  • Goodwill earned by a company
  • None of the above
Q4 | If the average interest rate is 12% and depreciation is to be accounted for by straight line method at 10%, which of the following equipment will be most economical?
  • Initial cost Rs. 4000 Annual disbursements Rs. 6000
  • Initial cost Rs. 5500 Annual disbursements Rs. 4000
  • Initial cost Rs. 6000 Annual disbursements Rs. 3880
  • Initial cost Rs. 5000 Annual disbursements Rs. 3500
  • Initial cost Rs. 7000 Annual disbursements Rs. 2500
Q5 | Which one of the following is not an incentive plan?
  • Straight piece work with guaranteed base
  • Straight salary
  • Straight piece work
  • Halsey 50-50 plan
  • 100% bonus plan
Q6 | Which one of the following industries is least affected by the business cycle?
  • Construction industry
  • Food processing
  • Ship building
  • Iron and steel
  • Textile
Q7 | If a reduction in prices increases revenue, then the demand curve is said to be
  • Either elastic or inelastic
  • Elastic
  • Inelastic
  • Not determinable from given data
  • Unitary
Q8 | Choose the correct statement.
  • CPM and PERT are event oriented techniques
  • CPM and PERT are activity oriented techniques
  • CPM is an activity oriented technique while PERT is an event oriented technique
  • None of the above
  • Supply and demand conditions
Q9 | ABC analysis is used in
  • CPM
  • PERT
  • Inventory control
  • All of the above
  • None of the above
Q10 | The substitution effect works to encourage a consumer to purchase more of as product when the price of tha good is falling because
  • The consumer's real income has increased
  • The consumer's real income has decreased
  • The product is now less expensive than before
  • Other products are now less expensive than before
  • None of the above
Q11 | In long run
  • fixed costs will be greater than variable costs
  • variable costs will be greater than fixed costs
  • all costs are variable costs
  • all costs are fixed costs
  • None of the above
Q12 | If we assume that price decreases as total expenditure increases, we may conclude that
  • elasticity of demand is greater than unity
  • elasticity of demand is less than unity
  • elasticity of demand is equal to unity
  • elasticity of demand is a function of market trends
  • None of the above
Q13 | Which of the following represents the reduction in duration?
  • Crushing
  • Negative slack
  • Variance
  • All of the above
  • None of the above
Q14 | A process layout is generally suggested for
  • Jobbing work
  • Batch production
  • Planned production
  • Discontinuous production
  • None of the above
Q15 | The remuneration factor which usually hs the greatest effect on the final pay structure is
  • Prevailing pay expensation criteria
  • Payment method
  • Union bargaining power
  • Incentives
  • None of the above
Q16 | Systematic apratisal of each job in the organisation to determine its comparative value, is known as
  • Job evaluation
  • Job specification
  • Incentive plan
  • Standardisation
  • Regularisation
Q17 | If D = duration, EF = earliest finish time, ES = earliest start time, LF = latest finish time, LS = latest start time, which relationship does not hold?
  • EF = D - ES
  • EF = D + ES
  • LF = LS + D
  • None of the above
  • Supply and demand conditions
Q18 | Average fixed cost
  • falls as long as output rises
  • rises as long as output rises
  • is determined by adding average variable cost and average total cost
  • is cut by marginal cost at its lowest point
  • None of the above
Q19 | Injunction is
  • Permanent closure of a establishment
  • Lock out of an establishment
  • A court decision
  • A memorandum
  • An award
Q20 | A product layout is generally suggested for
  • Jobbing work
  • Batch production
  • Efficien, machine utilization criteria
  • Continuous production
  • All of the above
Q21 | Monte Carlo simulation of queues is used when
  • arrival time distributions are not standard
  • service time distributions are not standard
  • mathematical analysis cannot be adopted
  • All of the above
  • None of the above
Q22 | Multi-storey buildings are used for
  • chemical plants
  • total mills
  • engineering industries
  • All of the above
  • None of the above
Q23 | In which operation the horse power required to remove one cubic centimetre of material (soft steel) per minute under average conditions will be maximum
  • Drilling
  • Turning
  • Grinding
  • Shaping
  • Milling
Q24 | National income differs from net national product by
  • Depreciation amount
  • Indirect business terms
  • Savings
  • Investments
  • All of the above
Q25 | Bankrupt is one who
  • Is visiting foreign universities now and often
  • Surrenders all his assets to the court for distribution to his creditors and is unable to pay his debts
  • Is unable to purchase things
  • Construction industry
  • Is unable to sell things