For standardisation of steel, the series used in British standards is known as
A.A series
B.AB series
C.S series
D.En-series
E.There is no such series in British standards
Category: Industrial Engineering Mcqs
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
The use of CPM lies in
A.taking corrective measures
B.scheduling and controlling the project
C.planning and controlling the most logical sequence of operations
D.None of the above
Group organisational climate
A.Guarantees productivity
B.Affects the efficiency of the operation
C.Can be precisely measured
D.Is prohibitively expensive in a small company
E.All of the above
Equity means
A.Money value exclusive of claims against it
B.Money value of inclusive of claims
C.Foreign investment
D.Loan against mortgage of property
E.None of the above
If the average interest rate is 12% and depreciation is to be accounted for by straight line method at 10%, which of the following equipment will be most economical?
A.Initial cost Rs. 7000 Annual disbursements Rs. 2500
B.Initial cost Rs. 4000 Annual disbursements Rs. 6000
C.Initial cost Rs. 6000 Annual disbursements Rs. 3880
D.Initial cost Rs. 5000 Annual disbursements Rs. 3500
E.Initial cost Rs. 5500 Annual disbursements Rs. 4000
The chart used to review the overall sequence of an operation by focusing either the movement of operators or materials is called
A.SIMO chart
B.NEMA chart
C.Flow process chart
D.Gaunt chart
E.Operation chart
A competitive firm will maximise profits at the output where
A.the difference between price and marginal cost is highest
B.the difference between marginal revenue and price is highest
C.price is higher than the average total cost by the largest possible amount
D.the excess of total revenue over the total cost is greatest.
A bear marker is known as
A.A market dealing in liquor
B.A soft drinks market
C.A market of high demand
D.A stock market when prices are going up
E.A stock market when prices ae going down
Bar charts are considered to be suitable for
A.minor works
B.major works
C.dam construction
D.large projects
