31. 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
✅ The correct answer is option C.
Industrial Engineering and Production Management MCQs
32. According to Muther, the basic principle of best layout is
principle of over-all integration
principle of flow
principle of flexibility
all of these
✅ The correct answer is option D.
33. PERT stands for
Programme Estimation and Reporting Technique
Process Estimation and Review Technique
Programme Evaluation and Review Technique
Planning Estimation an
✅ The correct answer is option C.
34. The essential condition for the decompression of an activity is that
the project time should change due to decompression
after decompression the time of an activity invariably exceeds its normal time
an activity could be decompressed to the maximum extent of its normal time
none of the above
✅ The correct answer is option C.
35. Indirect expenses include
factory expenses
selling expenses
administrative expenses
all of these
✅ The correct answer is option D.
36. According to Rowan plan of wage incentive system, bonus is paid to a worker
whose output exceeds 67% efficiency
on the percentage of time saved
on the percentage of time worked
on the percentage of s
✅ The correct answer is option C.
37. The average time recorded by work study man for an operation is called
standard time
normal time
representative time
none of these
✅ The correct answer is option C.
38. F. W. Taylor introduced a system of organisation known as
line organisation
functional organisation
line and staff organisation
line, staff and functi
✅ The correct answer is option B.
39. Which of the following wage incentive plan is applied to all workers?
Halsey plan
Gantt plan
Emerson’s efficiency plan
Rowan plan
✅ The correct answer is option A.
40. Line organisation is suitable for
sugar industries
oil refining industries
spinning and weaving industries
all of these
✅ The correct answer is option D.