Industrial Engineering And Production Management MCQ Questions & Answers

81

Break-even analysis consists of

A) Fixed cost B) Variable cost C) Fixed and variable costs D) Operation costs

Discuss

Answer & Solution

Answer: Option C

Solution:

Break-even analysis consists of Fixed and variable costs

82

PERT analysis is based on

A) Optimistic time B) Pessimistic time C) Most likely time D) All of the above

Discuss

Answer & Solution

Answer: Option D

Solution:

PERT Analysis. Program Evaluation and Review Technique (PERT) is a method used to examine the tasked that are in a schedule and determine a variation of the Critical Path Method (CPM).
It analyzes the time required to complete each task and its associated dependencies to determine the minimum time to complete a project

83

Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it

A) Consumes time, but no resources B) Consumes resources but no time C) Consumes neither time nor resources D) Is a dangling event

Discuss

Answer & Solution

Answer: Option C

Solution:

Dummy activity on a PERT/CPM chart means, it Consumes neither time nor resources

84

A CPM family includes

A) CPA (Critical Path Analysis) B) CPP (Critical Path Plotted) C) CPS (Critical Path Scheduling) D) All of the above

Discuss

Answer & Solution

Answer: Option D

Solution:

A CPM family includes
- CPA (Critical Path Analysis)
- CPP (Critical Path Plotted)
- CPS (Critical Path Scheduling)

85

M.T.M. is used to

A) Improve existing methods B) Establish time standards C) Develop effective methods in advance of the beginning of production D) All of the above

Discuss

Answer & Solution

Answer: Option D

Solution:

M.T.M. is used to
- Improve existing methods
- Establish time standards
- Develop effective methods in advance of the beginning of production

86

In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if

A) Complete details of items in, waiting line are known B) Arrival and waiting times are known and can be grouped to form a waiting line model C) All variables and constants are known and form a linear equation D) The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known

Discuss

Answer & Solution

Answer: Option D

Solution:

In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known

87

The main objective of work measurement is to

A) Plan and schedule of production B) Formulate a proper incentive scheme C) Estimate the selling prices and delivery dates D) All of the above

Discuss

Answer & Solution

Answer: Option D

Solution:

The main objective of work measurement is to
- Plan and schedule of production
- Formulate a proper incentive scheme
- Estimate the selling prices and delivery dates

88

Which of the following equations is not in conformity with others?

A) Organization performance × motivation = profits B) Knowledge × skill = ability C) Ability × motivation = performance D) Attitude × situation = motivation

Discuss

Answer & Solution

Answer: Option A

Solution:

- Knowledge × skill = ability
- Ability × motivation = performance
- Attitude × situation = motivation

89

The probabilistic time is given by (where t_o = Optimistic time, t_p = Pessimistic time and t_n = Most likely time)

A) $$\frac{{{{\text{t}}_{\text{o}}} + {{\text{t}}_{\text{p}}} + {{\text{t}}_{\text{n}}}}}{3}$$ B) $$\frac{{{{\text{t}}_{\text{o}}} + 2{{\text{t}}_{\text{p}}} + {{\text{t}}_{\text{n}}}}}{4}$$ C) $$\frac{{{{\text{t}}_{\text{o}}} + 4{{\text{t}}_{\text{p}}} + {{\text{t}}_{\text{n}}}}}{5}$$ D) $$\frac{{{{\text{t}}_{\text{o}}} + {{\text{t}}_{\text{p}}} + 4{{\text{t}}_{\text{n}}}}}{6}$$

Discuss

Answer & Solution

Answer: Option D

Solution:

The probabilistic time is given by $$\frac{{{{\text{t}}_{\text{o}}} + {{\text{t}}_{\text{p}}} + 4{{\text{t}}_{\text{n}}}}}{6}$$
Where t_o = Optimistic time, t_p = Pessimistic time and t_n = Most likely time.

90

Acceptance sampling is used in

A) Job production B) Batch production C) Mass production D) All of these

Discuss

Answer & Solution

Answer: Option C

Solution:

Acceptance sampling is used in Mass production

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