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1. If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory
carrying cost per item, then the most economic ordering quantity is given by
(A) AP/C
(B) 2AP/C
(C) √(AP/C)
(D) (AP/C)²
Correct Answer
Correct Answer
3. In jobbing production
(A) Highly skilled workers are needed
(B) Unit costs are high
(C) Operations are labour-intensive
(D) All of these
Correct Answer
4. Micro-motion study is
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11. Scheduling
(A) Prescribes the sequence of operations to be followed
(B) Determines the programme for the operations
(C) Is concerned with starting of processes
(D) Regulates the progress of job through various processes
Correct Answer
12. The process capability of a machine is defined as the capability of the machine to
Correct Answer
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Correct Answer
Set 01 Set 02 Set 03 Set 04 Set 05 Set 06 Set 07 Set 08 Set 09 Set 10 Set 11
Set 12 Set 13 Set 14 Set 15 Set 16 Set 17 Set 18 Set 19 Set 20 Set 21
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