On This Page
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