A graphical device used to determine the breakeven point and profit potential und

er varying conditions of output and costs, is known

A. Gnatt chart
B. flow chart
C. breakeven chart
D. PERT chart
ANSWER: C
Breakeven analysis consists of
A. fixed cost
B. variable cost
C. fixed and variable costs
D. operation costs
ANSWER: C
Breakeven analysis shows profit when
A. sales revenue > total cost
B. sales revenue = total cost
C. sales revenue < total cost
D. variable cost < fixed cost
ANSWER: A
In break-even analysis, total cost consists of
A. fixed cost
B. variable cost
C. fixed cost + variable cost
D. fixed cost + variable cost + overheads
ANSWER: A
The breakeven point represents
A. the most economical level of operation of any industry
B. the time when unit can run without i loss and profit
C. time when industry will undergo loss
D. the time when company can make maximum profits
ANSWER: C
In the cost structure of a product, the selling price is determined by the facto
rs such as1
A. sales turn over
B. lowest competitive price
C various elements of the cost
D. all of the above.
ANSWER: D
Work study is concerned with
A. improving present method and finding standard time
B. motivation of workers
C. improving production capability
D. improving production planning and control
ANSWER: A
Basic tool in work study is
A. graph paper
B. process chart
C. planning chart
D. stop watch
ANSWER: D
What does symbol O imply in work study
A. operation
B. inspection
C. transport
D. delay temporary storage
ANSWER: A
What does symbol D imply in work study
A. inspection
B. transport
C. delay temporary storage
D. permanent storage
ANSWER: C
In perpetual inventory control, the material is checked as it reaches its
A. minimum value
B. maximum value
C. average value
D. middle value
ANSWER: A
Material handling in automobile industry is done by
A. overhead crane
B. trolley
C. belt conveyor
D. all of the above
ANSWER: A
String diagram is used when
A. team of workers is working at a place
B. material handling is to be done
C. idle time is to be reduced
D. all of the above
ANSWER: A
Work study is most useful
A. where production activities are involved
B. in judging the rating of machines
C. in improving industrial relations
D. in judging the output of a man and improving it
ANSWER: A
Micromotion study is
A. enlarged view of motion study
B. analysis of one stage of motion study
C. minute and detailed motion study
D. subdivision of an operation into therbligs and their analysis
ANSWER: D
In micromotion study, therblig is described by
A. a symbol
B. an event
C. an activity
D. standard symbol and colour.
ANSWER: D
The allowed time for a job equals standard time plus
A. policy allowance
B. interference allowance
C. process allowance
D. learning allowance
ANSWER: A
Micromotion study involves following number of fundamental hand motions
A. 8
B. 12
C. 16
D. 20
ANSWER: C
The standard time for a job is
A. total work content
B. basic time + relaxation time
C. total work content + basic time
D. total work content + delay contigency allowance
ANSWER: D
Work study is done with the help of
A. process chart
B. material handling
C. stop watch
D. all of the above
ANSWER: C
Job evaluation is the method of determining the
A. relative worth of jobs
B. skills required by a worker
C. contribution of a worker
D. contribution of a job
ANSWER: A
Micromotion study is
A. analysis of a manwork method by using a motion picture camera with a timing d
evice in the field of view
B. motion study observed on enhanced time intervals
C. motion study of a sequence of operations conducted systematically
D. study of man and machine conducted simultaneously
ANSWER: A
Per cent idle time for men or machines is found by
A. work sampling
B. time study
C. method study
D. work study
ANSWER: A
In value engineering, the term value refers to
A. manufacturing cost of the product
B. selling price of the product
C. total cost of the product
D. utility of the product
ANSWER: D
In inventory control theory, the economic order quantity is
A. average level of inventory
B. optimum lot size
C. capacity of a warehouse
D. lot size corresponding to breakeven analysis
ANSWER: B
Production cost refers to prime cost plus
A. factory overheads
B. factory and administration overheads
C. factory, administration and sales overheads
D. factory, administration, sales overheads and profit
ANSWER: A
A systematic job improvement sequence will consist of
A. motion study
B. time study
C. job enrichment
D. all of these
ANSWER: D
Work sampling is applied for
A. estimation of the percentage utilisation of machine tools
B. estimating the percentage of the time consumed by various job activities
C. finding out time standards, specially where the job is not repetitive and whe
re time
study by stop watch method is not possible
D. all of the above
ANSWER: D
Which one of the following chart gives simultaneously information about the prog
ress of work and machine loading?
A. Process chart
B. Machine load chart
C. Manmachine chart
D. Gantt chart
ANSWER: C
A device used for lifting or lowering objects suspended from a hook at the end o
f retractable chains or cable is called
A. hoist
B. jib crane
C. portable elevator
D. chain conveyor
ANSWER: A
A diagram showing the path followed by men and materials while performing a task
is known as
A. string diagram
B. flow process chart
C. travel chart
D. flow diagram
ANSWER: D
The determination of standard time in a complex job system is best done through
A. stop watch time study
B. analysis of micromotions
C. grouping timing technique
D. analysis of standard data system
ANSWER: D
Work study involues
A. only method study
B. only work measurement
C. method study and work measurement
D. only motion study
ANSWER: C
Dispatching
A. prescribes the sequence of operations to be followed
B. determines the programme for the operations
C. is concerned with the starting of processes
D. regulates the progress of job through various processes
ANSWER: C
Job evaluation is the method of determining the
A. relative values of a job
B. worker s performance on a job
C. worth of the machine
D. value of overall production
ANSWER: A
The routing function in a production system design is concerned with
A. manpower utilisation
B. quality assurance of the product
C. machine utilisation
D. optimising material flow through the plant
ANSWER: C
Direct expenses include
A. factory expenses
B. selling expenses
C. administrative expenses
D. none of these
ANSWER: D
Which of the following type of layout is suitable for automobile manufacturing c
oncern?
A. product layout
B. process layout
C. fixed position layout
D. combination layout
ANSWER: A
In break even analysis, total cost consists of
A. fixed cost + sales revenue
B. variable cost + sales revenue
C. fixed cost + variable cost
D. fixed cost + variable cost + profit
ANSWER: C
The aim of value engineering is to
A. find the depreciation value of a machine
B. determine the selling price of a product
C. minimise the cost without change in quality of the product
D. all of the above
ANSWER: C
In time study, the rating factor is applied to determine
A. standard time of a job
B. merit rating of the worker
C. fixation of incentive rate
D. normal time of a worker
ANSWER: C
The main object of scientific layout is
A. to produce better quality of product
B. to utilise maximum floor area
C. to minimise production delays
D. all of these
ANSWER: D
Valve analysis is particularly of interest when
A. jobbing work economics are involved
B. production is on large scale
C. only few components are involved
D. costly equipment is used
ANSWER: B
The type of layout used for manufacturing steam turbines, is
A. product layout
B. process layout
C. fixed position layout
D. any one of these
ANSWER: C
For material transportation, conveyors are used when the prevailing conditions i
nclude
A. loads are uniform
B. routes do not vary
C. materials move relatively continuously
D. all of these
ANSWER: D
The correct sequence of phases in value engineering is
A. creative phase, information phase, investigation phase, evaluation phase
B. information phase, creative phase, investigation phase, evaluation phase
C. investigation phase, information phase, creative phase, evaluation phase
D. creative phase, investigation phase, evaluation phase, information phase
ANSWER: A
Merit rating is the method of determining the
A. relative values of a job
B. worker s performance on a job
C. worth of a machine
D. value of overall production
ANSWER: B
Standard time is equal to
A. normal time minus allowances
B. normal time plus allowances
C. representative time multiplied by rating factor
D. normal time taken by an operation
ANSWER: B
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. 15
00 and a variable cost of Rs. 30. The break even quantity between the two altern
atives is
A.25
B.50
C.75
D.100
ANSWER: B
Which of the following are the principles of material handling?
A. keep all the handling to the minimum
B. select only efficient handling equipment
C. move the heaviest weight to the least distance
D. all of the above
ANSWER: D
The product layout
A. lowers overall manufacturing time
B. requires less space for placing machines
C. utilises machine and labour better
D. all of these
ANSWER: D
The mathematical technique for finding the best use of limited resources of a co
mpany in
the maximum manner is known as
A. value analysis
B. network analysis
C. linear programming
D. queuing theory
ANSWER: C
Product layout is best suited where
A. one type of product is produced
B. product is standardised
C. product is manufactured in large quantities
D. all of the above
ANSWER: D
Break even analysis consists of
A. fixed expenses
B. variable cost
C. sales revenue
D. all of these
ANSWER: D
Acceptance sampling is used in
A. job production
B. batch production
C. mass production
D. all of these
ANSWER: C
Break even point is the point where
A. fixed and variable cost lines intersect
B. fixed and total cost lines intersect
C. variable and total cost lines intersect
D. sales revenue and total expensive lines intersect
ANSWER: D
Which of the following statement is not true for break even analysis?
A. Fixed cost does not vary with total production
B. Total cost varies with the total production
C. Variable cost is dependent on total production
D. Break even point is the point where xed cost line and variable cost line inters
ect with each other on a volume cost graph.
ANSWER: D
In a . Layout all machines or process of the same type are grouped together.
A. Fixed position
B. Factory
C. Process
D. Product
ANSWER: C
Mass production is characterized by
A. Low volume high variety
B. High volume low variety
C. High volume high variety
D. Low volume low variety
ANSWER: B
Which of the following functions is not a core function of an organization 2
A. The accounting and finance function
B. The marketing (including sale) function
C. The operation function
D. The product or service development function
ANSWER: A
Most operation produce a mixture of both products and services which of the foll
owing business is closest to producing pure services ?
A. IT company
B. Counselor /therapist
C. Steel company
D. A restaurant
ANSWER: B
Operations can be classified according to their volume and variety of production
as well as the degree of variation & visibility . Which of the following operat
ions would be classified as high volume , low variety ?
A. A front office bank
B. A family doctor
C. A carpenter
D. A fast food restaurant
ANSWER: D
Which of the following activities is not a direct responsibility of operations m
anagement?
A. Developing an operations strategy for the operation
B. Planning & controlling the operations
C. Determining the exact mix of products and services that customers will want
D. Designing the operations products , services & process
ANSWER: C
Operations can be classified according to the degree of variations in demand and
visibility of the operations as well as their volume and variety of production
which of the following operations would be classified as high variation & high v
isibility ?
A. A front office staff
B. A family doctor
C. A carpenter
D. A fast food restaurant
ANSWER: B
Which of the following would not be normally be considered a general characteris
tics of a service?
A. Production and consumption are simultaneous
B. Low contact service can often be made more efficient than high contract
C. Production and consumption can always be spatially separated
D. Many services involve both tangible & intangible outputs
ANSWER: C
Which of the following would not be normally considered as a key feature of oper
ations management?
A. Most new technology is implemented
B. World class operations can give an organization competitive advantage
C. Operations researches mathematical techniques for optimizing process
D. Operations is the part of an organization which creates wealth through the ma
nagement of the transformation process
ANSWER: D
Which of the following is the least likely decision to be made by operations man
agers ?
A. Selecting the locations and layout of a facility
B. Designing and improving the jobs of the workspace
C. How to use quality techniques to reduce waste
D. Deciding which market areas to manufacture products for
ANSWER: D
Operations management is applicable
A. Mostly to the service sector
B. To services exclusively
C. Mostly to the manufacturing sector
D. To the manufacturing & service sectors
ANSWER: C
The field of operations management is shaped by advances in which of the followi
ng fields?
A. Chemistry and physics
B. Industrial engineering & management science
C. Biology and anatomy
D. Information science
ANSWER: B
The five element in the management process are
A. Plan ,direct , update, lead & surprise
B. Accounting /finance , marketing, operations and management
C. Organize , plan , control, staff and manage
D. Plan, organize, staff , lead and control
ANSWER: C
The responsibilities of the operations manager include
A. Planning , organizing , staffing , procuring and reviewing
B. Forecasting , designing , planning , organizing , and controlling
C. Forecasting , designing ,operating , procuring , and reviewing
D. Planning , organizing , staffing , leading , and controlling
ANSWER: D
Which of the following is not an element of management process
A. Pricing
B. Staffing
C. Planning
D. Controlling
ANSWER: A
Which of the following illustrate an activity that does not add value?
A. Training employees
B. Ordering parts from a supplier
C. Making a part
D. Accumulating parts in front of the next work centre
ANSWER: D
Which of the following statements regarding a pull system is true ?
A. Large lots are pulled from upstream stations
B. Work is pulled to the downstream work stations before it is actually needed
C. Manufacturing cycle time is increased
D. Problems become more obvious
ANSWER: D
For handling materials during manufacture of cement, a __________ is widely used
.
A. belt conveyor
B. bucket conveyor
C. fork lift truck
D. overhead crane
ANSWER: B
Process layout is also known as
A. analyticallayout
B. synthetic layout
C. static product layout
D. none of these
ANSWER: A