Top 150+ Solved Industrial Engineering MCQ Questions Answer
Q. For which of the following situations, linear programming can be applied?
a. Maximising material insulation
b. Procurement problems
c. Scheduling of production to meet sales forecast
d. All of the above
e. None of the above
Q. Which one of the following is not a job evaluation criteria?
a. Classification
b. Needs of the worker
c. Point rating
d. Ranking
e. Factor of comparison
Q. The standards followed in Russia are known as
a. JIS standards
b. AFNOR standards
c. TASS standards
d. GOST standards
e. None of the above
Q. Which of the following statement about linear programming is incorrect?
a. It is applicable to linear models only
b. It gives dynamic solution
c. No solution is available to time spans shorter than periods in model
d. Uncertainties in the future cannot conveniently be incorporated in model.
e. None of the above
Q. Like many role playing situations, business games have never been
a. Successful
b. Validated
c. Worthwhile
d. Inexpensive
e. None of the above
Q. In a thriving company, human resource planning
a. Generally applies to upper management
b. Is initiated whenever a problem arises
c. Is continuously at work
d. Is a static system
e. Any combination of these
Q. Exit interviews
a. Are interviews held with employees intending to leave an organisation
b. Are interviews of the persons working in plant, conducted outside the factory premises, to know about any grivances
c. Are interviews orally conducted and never brought on rocords
d. Are interviews hel outside the factory premises
e. Are interviews held during lockout or strike period
Q. The average revenue curve of a firm is
a. the curve representing the cost per unit of output
b. the same as the demand curve of consumers for the firm's product
c. total receipts realised by the firm
d. B and C above
e. None of the above
Q. In a break even chart, abscissa represents
a. Constant expenses
b. Total expenses
c. Profits
d. Total sales
e. Amount in rupee
Q. A merchant who has debts of Rs. 43,250 has gone bankrupt and can pay of only 15 paise on the rupee. How much will his creditors receive?
a. Rs. 36762.50
b. Rs. 6487.50
c. Rs. 10812.50
d. Rs. 8650.00
e. Rs. 4325.00
Q. 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
Q. An allowance given for prompt payment is
a. Annuity
b. Surcharge
c. Abatement
d. Authority
e. None of the above
Q. A critical path has
a. zero slack
b. minimum slack
c. maximum slack
d. infinite slack
e. None of the above
Q. By technological innovations if the cost of raw material is reduced, this will result in
a. High break even point
b. Lower profits
c. Lower break even point
d. Reduced constant expenses
e. Increases constant expenses
Q. 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.
e. None of the above