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Industrial Engineering And Production Management MCQ Questions & Answers | Mechanical Engineering

Learn Industrial Engineering And Production Management MCQ questions & answers are available for a Mechanical Engineering students to clear GATE exams, various technical interview, competitive examination, and another entrance exam. Industrial Engineering And Production Management MCQ question is the important chapter for a Mechanical Engineering and GATE students. Page-4 section-1

Each section contains 100 MCQs on Industrial Engineering and Production Management .
31
Pick up the incorrect statement about advantages of work sampling
Discuss
Answer & Solution
Answer: Option A
Solution:
Advantages of work sampling method are as follows:
Work sampling gives an unbiased result since workmen are not under close observation.
Team work can be studied by work sampling and not by the time study.
Work sampling is economical and less time-consuming than time study.
32
Statistical quality control techniques are based on the theory of
Discuss
Answer & Solution
Answer: Option C
Solution:
Statistical quality control techniques are based on the theory of Probability.
Statistical quality control refers to the use of statistical methods in the monitoring and maintaining of the quality of products and services.
33
According to Rowan plan of wage incentive system, bonus is paid to a worker
Discuss
Answer & Solution
Answer: Option B
Solution:
The Rowan plan of wage incentive system calculates the bonus based on the time saved by the worker.

According to this plan:

Option A: Whose output exceeds 67% efficiency. This is incorrect because the Rowan plan does not specifically tie bonuses to a set efficiency percentage.

Option B: On the percentage of time saved. This is correct as the Rowan plan pays a bonus based on the proportion of time saved compared to the standard time.

Option C: On the percentage of time worked. This is incorrect because the bonus is not based on the time worked but on the time saved.

Option D: On the percentage of standard time. This is incorrect because it is the time saved, not the standard time, that determines the bonus.

Therefore, the correct answer is Option B: On the percentage of time saved.
34
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker
Discuss
Answer & Solution
Answer: Option A
Solution:
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker Whose output exceeds 67% efficiency
35
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
Discuss
Answer & Solution
Answer: Option D
Solution:
Under Rowan Plan, the standard time for the completion of a job and the rate per hour is fixed. If the time taken by the worker is more than the standard time, then he is paid according to the time rate, i.e. time taken multiplied by the rate per hour.
36
The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as
Discuss
Answer & Solution
Answer: Option C
Solution:
The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Halsey Premium plan
37
The break-even point represents
Discuss
Answer & Solution
Answer: Option B
Solution:
The break-even point determines the number of sales needed to achieve a net income of zero. It shows the point when a company's revenue equals total fixed costs plus variable costs, and its fixed costs equal the contribution margin.
38
Monte Carlo solutions in queuing theory are extremely useful in queuing problems
Discuss
Answer & Solution
Answer: Option A
Solution:
Monte Carlo solutions in queuing theory are extremely useful in queuing problems That can't be analysed mathematically
39
Pick up the incorrect statement from the following. A critical ratio scheduling
Discuss
Answer & Solution
Answer: Option D
Solution:
critical ratio (CR) is calculated by dividing the time remaining until a job's due date by the total shop time remaining for the job, which is defined as the setup, processing, move, and expected waiting times of all remaining operations, including the operation being scheduled.
40
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
Discuss
Answer & Solution
Answer: Option D
Solution:
The annuity charging method of depreciation is a process used to calculate depreciation on an asset by calculating its rate of return as if it was an investment.
This method requires the determination of the internal rate of return (IRR) on the cash inflows and outflows of the asset.