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Production Management and Industrial Engineering - Interview Questions and Answers

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96. Inventory management consists of
A. effective running of stores
B. state of merchandise methods of stroing and maintenance etc.
C. stock control system
D. all of the above
E. none of the above.
Explanation:
97. Which of the following is independent of sales forecast
A. productivity
B. inventory control
C. production planning
D. production control
E. capital budgeting.
Explanation:
98. The grouping of activities into organisational units is called
A. corporate plans
B. higher level management
C. functional authority
D. departmentatidn
E. company policy.
Explanation:
99. In the cost structure of a product, the sell�ing price is determined by the factors such as1
A. sales turn over
B. lowest competitive price
C. various elements of the cost
D. buyers' capability to pay
E. all of the above.
Explanation:
100. Gnatt charts are used for
A. forecasting sales
B. production schedule
C. scheduling and routing
D. linear programming
E. none of the above.
Explanation:
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