Mechanical Engineering Questions And Answers :: Production Management And Industrial Engineering: part3



Mechanical Engineering : Production Management And Industrial Engineering QUESTIONS AND ANSWERS :: part3 : 11 to 15

Following Mechanical Engineering Multiple choice objective type questions and answers will help you in BSNL JTO, GATE 2024 and IES 2024 examinations :

11.The appellate authority for an industrial dispute is

management
labour court
high court/supreme court
board of directors
president.

12.Value engineering aims at finding out the

depreciation value of a product
resale value of a product
major function of the item and accomplishing the same at least cost without change in quality
break even point when machine re-quires change
selling price of an item.

13.Acceptance sampling is widely used in

batch production
job production
mass production
all of the above
none of the above.

14.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.

15.Inventory control in production, planning and control aims at

achieving optimization
ensuring against market fluctuations
acceptable customer service at low capital investment in inventory
discounts allowed in bulk purchase
regulate supply and demand.

More Production Management And Industrial Engineering QUESTIONS AND ANSWERS available in next pages

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