Q. State whether the following statements are true or false. 1. Communication facility, an important factor which influences the location of a plant is a special factor. 2. Aluminum manufacturing industries must be located near the power stations.
Q. Consider the below mentioned statements: 1. Without the forecast, no production function can be taken up. 2 Forecasts are subject to market dynamics and many other predictable parameters which will be known and controllable. State True or False:
Q. Which of the following are the factors on which the choice of a forecasting method depends? 1. Data availability 2. Product life cycle 3. Accuracy required 4. Volume of demand
Q. For which of the following options is make-to-stock strategy feasible? 1. To produce customized products from sub-assemblies 2. To make standardized products with high volumes 3. To accommodate flexibility and offer variety 4. Where forecast is reasonably accurate
Q. A quality circle is composed of a small group of employees who genuinely care about others and who preferably do work that includes which of the following? 1 Meeting voluntarily with a leader on a regular basis 2. Identifying the problems 3 Balancing operations in assembly line 4 Setting up productivity norms and evaluation of production operations
Q. Consider the below mentioned statements: 1. Quality circles are very efficient in executing low cost projects by using non-intrusive methods of improving productivity and quality throughout the organization. 2. In matching method, the production capacity is held constant at an optimum level.