91. The production cost per unit can be reduced by producing more with increased inputs producing more with the same inputs eliminating idle time minimising resource wa ✅ The correct answer is option B.
92. 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 ✅ The correct answer is option D.
93. For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be 300 460 500 1000 ✅ The correct answer is option C.
94. Time study is carried out to determine the time required to complete job by a slow worker a fast worker an average worker an apprentice ✅ The correct answer is option C.
95. Merit rating is the method of determining the relative values of a job worker’s performance on a job worth of a machine value of overall produ ✅ The correct answer is option B.
96. Follow-up prescribes the sequence of operations to be followed. Correct Incorrect ✅ The correct answer is option A.
97. The time taken by a trained worker to perform an operation, while working a steady pace, is known as standard time normal time representative time none of these ✅ The correct answer is option A.
98. Two alternatives can produce a product. First has a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is 25 50 75 100 ✅ The correct answer is option B.
99. Service time in queuing theory is usually assumed to follow normal distribution Poissons distribution Erlang distribution exponential law ✅ The correct answer is option D.
100. The mathematical technique for finding the best use of limited resources of a company in the maximum manner is known as value analysis network analysis linear programming queuing theory ✅ The correct answer is option C.