A. optimum lot size
B. highest level of inventory
C. lot corresponding to break-even point
D. capability of a plant to produce
E. none of the above
Related Mcqs:
- Inventory management consists of__________________?
A. effective running of stores
B. state of merchandise methods of stroing and maintenance etc
C. stock control system
D. all of the above
E. none of the above - Inventory control in production, planning and control aims at________________?
A. achieving optimisation
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 - In the perpetual inventory control, the material is checked when it reaches its________________?
A. minimum value
B. maximum value
C. average value
D. alarming value
E. original value - In perpetual inventory control, the material is checked as it reaches its__________________?
A. minimum value
B. maximum value
C. average value
D. middle value
E. alarming value - Routing prescribes the_________________?
A. flow of material in the plant
B. proper utilization of man power
C. proper utilization of machines
D. inspection of final product
E. none of the above - In order that linear programming techniques provide valid results________________?
A. relations between factors must be linear (positive)
B. relations between factors must be linear (negative)
C. A. or B.
D. only one factor should change at a time, others remaining constant
E. none of the above - Emergency rush order can be pushed more effectively in__________________?
A. job production
B. automatic production
C. continuous production
D. intermittent production
E. none of the above - Expediting function consists in keeping a watch on__________________?
A. operator’s activity
B. flow of material and in case of trouble locate source of trouble
C. minimising the delays
D. making efficient despatching
E. none of the above - Father of time study was_________________?
A. F.W. Taylor
B. H.L. Gantt
C. F.B. Gilberfh
D. R.M. Barnes
E. H.B. Maynord - Gnatt charts are used for_________________?
A. forecasting sales
B. production schedule
C. scheduling and routing
D. linear programming
E. none of the above
