A. minimum value
B. maximum value
C. average value
D. alarming value
E. original value
Related Mcqs:
- 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 - The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store_______________?
A. inflated system
B. primary cost method
C. current value method
D. fixed price method
E. variable price method - 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 inventory control, the economic order quantity is the_________________?
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 - Material handling in automobile industry is done by_________________?
A. overhead crane
B. trolley
C. belt conveyor
D. all of the above
E. none of the above - For a product layout the material handling equipment must _________________?
A. have full flexibility
B. employ conveyor belts, trucks, tractors etc.
C. be a general purpose type
D. be designed as special purpose for a particular application
E. arranging shops according to specialization of duties - Material handling and plant location is analysed by________________?
A. Gnatt chart
B. bin chart
C. Emerson chart
D. travel chart
E. activity chart - Which of the following organisations is best suited for steel plants__________________?
A. functional organisation
B. line organisation
C. staff organisation
D. line, staff and functional organisations
E. scalar organisation - The objective of time study is to determine the time required to complete a job by_______________?
A. fast worker
B. average worker
C. slow worker
D. new entrant
E. any one of the above
