Engineering :: Business Management
41.
Micro-motion study is
A.
Analysis of man-work method by using a motion-picture camera with a timing device in the field of view
B.
Motion study observed on enhanced time intervals
C.
Motion study of a sequence of operations conducted in parts
D.
A study of man and machine conducted separately
E.
A scientific analytical procedure for determining a preferable work method
Answer: Option A
Explanation:
42.
Time study is
A.
The appraisal, in terms of time, of the value of work involving human effort
B.
Time taken by a operator to set the job in a machine
C.
The study of time that a group of workers will take to do a job
D.
The method of fixing hours for workers
E.
Method of determing the number of Supervisors needed in a workshop
Answer: Option A
Explanation:
43.
Motion study is not used for
A.
Improving a work method by locating deficiencies
B.
Improving a work method by assisting in adjusting the pattern of inter-relationships
C.
Designing a work method through logical analysis and synthesis
D.
Providing a schematic framework for organizing knowledge about the inter-relationships
E.
Reducing inventory costs
Answer: Option E
Explanation:
44.
A SIMO (simultaneous motion cycle) chart is
A.
Graphic presentation of the separable steps of each pertinent body member of the individual
B.
A sketch of the part of a plant connected with a man's work on which lines are drawn indicating path the operator travels in performing the work
C.
A chart in which activities of a man are charted
D.
Graphic presentation of the separable steps a man performs when doing a task that requires him to move from place to place in the course of his work
Answer: Option A
Explanation:
45.
Salvaging means
A.
Writing off the assets
B.
Throwing away the assets
C.
Setting the assets
D.
Disposing off property which is no longer useful in present situation
E.
None of the above
Answer: Option D
Explanation:
46.
MRO inventories are
A.
Machine repairs or Operation supplies
B.
Money on repairs
C.
Maintenance repair and Operation supplies
D.
Mainly repair operations supplies
E.
None of the above
Answer: Option C
Explanation:
47.
EOQ stands for
A.
Elements of quality control
B.
Elimination of quality inspection
C.
End of quality inspection stage
D.
Economic order quantity
E.
None of the above
Answer: Option D
Explanation:
48.
Capital gains are
A.
Unanticipated increases in income
B.
Income from lottery
C.
Income through interest earned on invetment
D.
Income of dividends, received from companies
E.
Unanticipated changes in value of property relative to the goods
Answer: Option E
Explanation:
49.
In break even analysis the total cost consists of
A.
fixed cost
B.
Variable cost
C.
Fixed cost + Variable cost
D.
Fixed cost + Variable cost + Profits
E.
Fixed cost + Variable cost + Profits + Overheads
Answer: Option A
Explanation:
50.
In order to promote sales a company spends considerable amount on publicity by way of campaign on radio, TV, advertisement in papers etc. Such expenses in break even analysis are shown under
A.
Fixed cost
B.
Variable costs
C.
Total costs line
D.
Total sales line
E.
Not shown in break even chart
Answer: Option B
Explanation:
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