Exam2win > Engineering > Mechanical Engineering > Production Management And Industrial Engineering > part3
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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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