The mathematical technique for finding the best use of limited resources in an optimum manner is known as___________________?

Related Mcqs:

1. The technique for establishing and maintaining priorities among the various jobs of any project is known as___________________?

   A. event flow scheduling technique
   B. critical ratio scheduling
   C. slotting technique for scheduling
   D. short interval scheduling
   E. none of the above

2. A reversible change in the atomic structure of steel with corresponding change in the properties is known as___________________?

   A. molecular change
   B. physical change
   C. allotropic change
   D. solidus change
   E. atomic change

3. The property of a fluid which enables it to resist tensile stress is known as___________________?

   A. compressibility
   B. surface tension
   C. cohesion
   D. adhesion
   E. viscosity

4. The ratio of heat utilised to produce steam and the heat liberated in furnace is known as___________________?

   A. boiler effectiveness
   B. boiler evaporative capacity
   C. factor of evaporation
   D. equivalent evaporation
   E. boiler efficiency

5. An optimum project schedule implies_______________?

   A. optimum utilization of men, machines and materials
   B. lowest possible cost and shortest possible time for project
   C. timely execution of project
   D. to produce best results under given constraints
   E. realistic execution time, minimum cost and maximum profits

6. Value engineering aims at finding out the________________?

   A. depreciation value of a product
   B. resale value of a product
   C. major function of the item and accomplishing the same at least cost without change in quality
   D. break even point when machine re-quires change
   E. selling price of an item

7. In locomotive boiler, maximum steam pressure is limited to_______________?

   A. 1 kg/cm2
   B. 5 kg/cm2
   C. 10 kg/cm2
   D. 18 kg/cm2
   E. 31 kg/cm2

8. Fire tube boilers are limited to a maximum design working pressure of ____________________?

   A. 1 kg/cm
   B. 6 kg/cm
   C. 17 kg/cm2
   D. 100 kg/cm2
   E. 250 kg/cm2

9. Job enrichment technique is applied to_________________?

   A. reduce labour monotony
   B. overcome boring and demotivating work
   C. make people happy
   D. all of the above
   E. none of the above

10. The technique of value analysis can be applied to____________________?

    A. complicated items only
    B. simple items only
    C. crash programmer items only
    D. cost consciousness items only
    E. any item