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31
The procedure of modifying work content to give more meaning and enjoyment to the job by involving employees in planning, organisation and control of their work, is termed as
Discuss
Answer & Solution
Answer: Option B
Solution:
The procedure of modifying work content to give more meaning and enjoyment to the job by involving employees in planning, organisation and control of their work, is termed as Job enrichment
32
Works cost implies
Discuss
Answer & Solution
Answer: Option D
Solution:
Works cost implies Primary cost + factory expenses
33
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as
Discuss
Answer & Solution
Answer: Option C
Solution:
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as Break-even chart
34
The purpose of micro-motion study is to
Discuss
Answer & Solution
Answer: Option D
Solution:
The purpose of micro-motion study is to
- Assist in finding out the most efficient way of doing work
- Train the individual operator regarding the motion economy principles
- Help in collecting the motion time data for synthetic time standards
35
Which one of the following represents a group incentive plan?
Discuss
Answer & Solution
Answer: Option A
Solution:
The Scanlon plan has been successfully used by a variety of public and private companies for many decades.
These plans combine leadership, total workforce education, and widespread employee participation with a reward system linked to organization performance
36
The time taken by a trained worker to perform an operation, while working a steady pace, is known as
Discuss
Answer & Solution
Answer: Option A
Solution:
The time taken by a trained worker to perform an operation, while working a steady pace, is known as Standard time
37
For a small scale industry, the fixed cost per month is Rs. 5,000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be
Discuss
Answer & Solution
Answer: Option C
Solution:
Equation we used
$$\eqalign{ & \frac{{{\text{Fixed cost}}}}{{{\text{Sales price}} - {\text{Variable cost}}}} \cr & = \frac{{5,000}}{{30 - 20}} \cr & = 500 \cr} $$
38
PERT
Discuss
Answer & Solution
Answer: Option D
Solution:
PERT
- Provides an approach for keeping planning up-to-date
- Provides a way for management to require that planning be done on a uniform and logical basis
- Permits management to foresee quickly the impact of variations from the plan
39
PERT and CPM are
Discuss
Answer & Solution
Answer: Option D
Solution:
PERT and CPM are Aids to the decision maker
40
PERT is
Discuss
Answer & Solution
Answer: Option D
Solution:
PERT is
- An analytic tool in concept
- Limit up of event oriented diagrams
- Used for research and development projects