31. Graphical method, simplex method, and transportation method are concerned with
break-even analysis
value analysis
linear programming
queing theory
tnaterial handling.
Correct answer: (C) linear programming
32. If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be
2 HA
1.33 HA
1.5 HA
1.15 HA
2.5 HA.
Correct answer: (A) 2 HA
33. In A-B-C control policy, maximum attention is given to
those items which consume money
those items which are not readily available
thosex items which are in more demand
those items which consume more money
proper quality assurance program-mes.
Correct answer: (D) those items which consume more money
34. In braek-even analysis, total cost consists of
fixed cost
variable cost
fixed cost + variable cost
fixed cost + variable cost + over-heads
fixed cost + sales revenue.
Correct answer: (A) fixed cost
35. In crash program for a project
both direct and indirect costs, increase
indirect costs increase and direct costs decrease
direct costs increase and indirect costs decrease
cost is no criterion
none of the above.
Correct answer: (C) direct costs increase and indirect costs decrease
36. In Halsey 50-50 plan, output standards are established
by time study
from previous production records
from one's judgement
all of the above
none of the above.
Correct answer: (B) from previous production records
37. In inventory control, the economic order quantity is the
optimum lot size
highest level of inventory
lot corresponding to break-even point
capability of a plant to produce
none of the above.
Correct answer: (A) optimum lot size
38. In Lincoln plan (one type of group incentive plan), the amount of the profit which an .employee receives in addition to the guaranteed basic pay/wages, is based on :
a standard rating system
a merit rating system
a job evaluation system
his individual performance
all of the above.
Correct answer: (B) a merit rating system
39. In micromotion study, therblig is described by
a symbol
an event
an activity
micro motions
standard symbol and colour.
Correct answer: (E) standard symbol and colour.
40. In order that linear programming techniques provide valid results
relations between factors must be linear (positive)
relations between factors must be linear (negative)
(a) or (b)
only one factor should change at a time, others remaining constant