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Production Technology - Interview Questions and Answers

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141. Under the Apprenticeship Act
A. all industries have to necessarily train the apprentices
B. industries have to train apprentices ac-cording to their requirement
C. all industries employing more than 100 workers have to recruit apprentices
D. only industries employing more than 500 workers have to recruit apprentices
E. all industries other than small scale industries have to train apprentices.
Explanation:
142. Inventory control in production, planning and control aims at
A. achieving optimization
B. ensuring against market fluctuations
C. acceptable customer service at low capital investment in inventory
D. discounts allowed in bulk purchase
E. regulate supply and demand.
Explanation:
143. The term 'value' in value engineering refers to
A. total cost of the product
B. selling price of the product
C. utility of the product
D. manufactured cost of the product
E. depreciation value.
Explanation:
144. Merit Rating is the method of determining worth of
A. a job
B. an individual employee
C. a particular division in workshop
D. machine
E. overall quality.
Explanation:
145. According to MAPI formula, the old machine should be replaced by new one when
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. there is no such criterion
E. none of the above.
Explanation: