Industrial Engineering MCQs with answers Page - 11

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Q. Which of the following statement about linear programming is incorrect?

  • (A) It is applicable to linear models only
  • (B) It gives dynamic solution
  • (C) No solution is available to time spans shorter than periods in model
  • (D) Uncertainties in the future cannot conveniently be incorporated in model.

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Q. Like many role playing situations, business games have never been

  • (A) Successful
  • (B) Validated
  • (C) Worthwhile
  • (D) Inexpensive

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Q. In a thriving company, human resource planning

  • (A) Generally applies to upper management
  • (B) Is initiated whenever a problem arises
  • (C) Is continuously at work
  • (D) Is a static system

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Q. Exit interviews

  • (A) Are interviews held with employees intending to leave an organisation
  • (B) Are interviews of the persons working in plant, conducted outside the factory premises, to know about any grivances
  • (C) Are interviews orally conducted and never brought on rocords
  • (D) Are interviews hel outside the factory premises

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Q. In a break even chart, abscissa represents

  • (A) Constant expenses
  • (B) Total expenses
  • (C) Profits
  • (D) Amount in rupee

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Q. A merchant who has debts of Rs. 43,250 has gone bankrupt and can pay of only 15 paise on the rupee. How much will his creditors receive?

  • (A) Rs. 36762.50
  • (B) Rs. 6487.50
  • (C) Rs. 10812.50
  • (D) Rs. 8650.00

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Q. Equity means

  • (A) Money value exclusive of claims against it
  • (B) Money value of inclusive of claims
  • (C) Foreign investment
  • (D) Loan against mortgage of property

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Q. An allowance given for prompt payment is

  • (A) Annuity
  • (B) Surcharge
  • (C) Abatement
  • (D) Authority

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Q. A critical path has

  • (A) zero slack
  • (B) minimum slack
  • (C) maximum slack
  • (D) infinite slack

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Q. By technological innovations if the cost of raw material is reduced, this will result in

  • (A) High break even point
  • (B) Lower profits
  • (C) Lower break even point
  • (D) Reduced constant expenses

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