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41
PERT is the
Discuss
Answer & Solution
Answer: Option B
Solution:
PERT is the Event oriented technique
42
PERT requires
Discuss
Answer & Solution
Answer: Option C
Solution:
PERT requires Triple time estimate
43
PERT stands for
Discuss
Answer & Solution
Answer: Option C
Solution:
PERT stands for Program Evaluation and Review Technique
44
The factors which are to be considered while developing a good wage incentive plan will include
Discuss
Answer & Solution
Answer: Option D
Solution:
The factors which are to be considered while developing a good wage incentive plan will include
- Adequate incentive
- Ease of administration
- Guaranteed basic pay
45
In the Halsey system of wage incentive plan, a worker is
Discuss
Answer & Solution
Answer: Option B
Solution:
In the Halsey system of wage incentive plan, a worker is Ensured of minimum wages
46
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to
Discuss
Answer & Solution
Answer: Option D
Solution:
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to $$\frac{{\text{F}}}{{1 - \frac{{\text{V}}}{{\text{P}}}}}.$$
47
Under the Apprenticeship Act
Discuss
Answer & Solution
Answer: Option D
Solution:
Under the Apprenticeship Act Only industries employing more than 500 workers have to recruit apprentices
48
The disadvantage of product layout is
Discuss
Answer & Solution
Answer: Option A
Solution:
The disadvantage of product layout is High initial investment for the specialized facilities
49
Pick up the correct step used for scheduling a project by C.P.M.
Discuss
Answer & Solution
Answer: Option D
Solution:
For scheduling a project by C.P.M.
- A project is divided into various activities
- Required time for each activity is established
- Sequence of various activities is made according to their importance
50
The amount deducted from the salary of workers towards employee’s provident fund is
Discuss
Answer & Solution
Answer: Option D
Solution:
The amount deducted from the salary of workers towards employee’s provident fund is Deposited in the account of worker with Provident Fund Commissioner