πŸ“Š Industrial Engineering
Q. In long run
  • (A) fixed costs will be greater than variable costs
  • (B) variable costs will be greater than fixed costs
  • (C) all costs are variable costs
  • (D) all costs are fixed costs
πŸ’¬ Discuss
βœ… Correct Answer: (C) all costs are variable costs
πŸ“Š Industrial Engineering
Q. If we assume that price decreases as total expenditure increases, we may conclude that
  • (A) elasticity of demand is greater than unity
  • (B) elasticity of demand is less than unity
  • (C) elasticity of demand is equal to unity
  • (D) elasticity of demand is a function of market trends
πŸ’¬ Discuss
βœ… Correct Answer: (A) elasticity of demand is greater than unity
πŸ“Š Industrial Engineering
Q. Which of the following represents the reduction in duration?
  • (A) Crushing
  • (B) Negative slack
  • (C) Variance
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (A) Crushing
πŸ“Š Industrial Engineering
Q. A process layout is generally suggested for
  • (A) Jobbing work
  • (B) Batch production
  • (C) Planned production
  • (D) Discontinuous production
πŸ’¬ Discuss
βœ… Correct Answer: (B) Batch production
πŸ“Š Industrial Engineering
Q. The remuneration factor which usually hs the greatest effect on the final pay structure is
  • (A) Prevailing pay expensation criteria
  • (B) Payment method
  • (C) Union bargaining power
  • (D) Incentives
πŸ’¬ Discuss
βœ… Correct Answer: (A) Prevailing pay expensation criteria
πŸ“Š Industrial Engineering
Q. Systematic apratisal of each job in the organisation to determine its comparative value, is known as
  • (A) Job evaluation
  • (B) Job specification
  • (C) Incentive plan
  • (D) Standardisation
πŸ’¬ Discuss
βœ… Correct Answer: (A) Job evaluation
πŸ“Š Industrial Engineering
Q. If D = duration, EF = earliest finish time, ES = earliest start time, LF = latest finish time, LS = latest start time, which relationship does not hold?
  • (A) EF = D - ES
  • (B) EF = D + ES
  • (C) LF = LS + D
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (A) EF = D - ES
πŸ“Š Industrial Engineering
Q. Average fixed cost
  • (A) falls as long as output rises
  • (B) rises as long as output rises
  • (C) is determined by adding average variable cost and average total cost
  • (D) is cut by marginal cost at its lowest point
πŸ’¬ Discuss
βœ… Correct Answer: (A) falls as long as output rises
πŸ“Š Industrial Engineering
Q. Injunction is
  • (A) Permanent closure of a establishment
  • (B) Lock out of an establishment
  • (C) A court decision
  • (D) A memorandum
πŸ’¬ Discuss
βœ… Correct Answer: (C) A court decision
πŸ“Š Industrial Engineering
Q. A product layout is generally suggested for
  • (A) Jobbing work
  • (B) Batch production
  • (C) Efficien, machine utilization criteria
  • (D) Continuous production
πŸ’¬ Discuss
βœ… Correct Answer: (D) Continuous production

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