Industrial Engineering MCQs with answers Page - 12

Here, you will find a collection of MCQ questions on Industrial Engineering. Go through these questions to enhance your preparation for upcoming examinations and interviews.

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Q. A competitive firm will maximise profits at the output where

  • (A) the difference between price and marginal cost is highest
  • (B) the difference between marginal revenue and price is highest
  • (C) price is higher than the average total cost by the largest possible amount
  • (D) the excess of total revenue over the total cost is greatest.

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Q. Of the following, which is NOT an essential assumption of the marginal utility theory of consumer demand?

  • (A) Small income of the consumer
  • (B) The fact that goods and services have a price
  • (C) The fact that as more goods and services are purchased by the consumer, these goods and services yield decreasing amounts of marginal utility
  • (D) Rationality of the consumer

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Q. A dummy activity completes the logical concept and it has

  • (A) no duration
  • (B) very short duration
  • (C) proportional duration
  • (D) long duration

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Q. Which of the following does not constitute the direct cost of a project?

  • (A) Cost of materials
  • (B) Wages of labour
  • (C) Penalty imposed by Government
  • (D) All of the above

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Q. Which of the following is a resource?

  • (A) Time
  • (B) Men
  • (C) Money
  • (D) All of the above

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Q. Which of the following have training and development responsibilities?

  • (A) Top line executive
  • (B) Personnel staff
  • (C) Each and every employee
  • (D) All of the above

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Q. Which one of the following statements is not true about a normal distribution?

  • (A) The mode and the mean are equal
  • (B) It is represented by a bell mouthed curve
  • (C) It has a one mode
  • (D) It has two modes

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Q. In tool signature the last figure represents

  • (A) Cutting speed
  • (B) Operation for which tool is made
  • (C) Limiting rpm
  • (D) Nose radius

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Q. An organisation may decide to buy a component from outside when

  • (A) existing production facilities are limited
  • (B) there is need to maintain stability in employment
  • (C) cost is less to buy as compared to production cost
  • (D) All of the above

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Q. Which of the following methods are used for system analysis

  • (A) Linear programming
  • (B) Waiting line model
  • (C) Simulation model
  • (D) All of the above

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