Top 150+ Solved Industrial Engineering MCQ Questions Answer

From 16 to 30 of 173

Q. Of the following, which is NOT an essential assumption of the marginal utility theory of consumer demand?

a. Small income of the consumer

b. The fact that goods and services have a price

c. The fact that as more goods and services are purchased by the consumer, these goods and services yield decreasing amounts of marginal utility

d. Rationality of the consumer

e. None of the above

  • d. Rationality of the consumer

Q. A dummy activity completes the logical concept and it has

a. no duration

b. very short duration

c. proportional duration

d. long duration

e. None of the above

  • a. no duration

Q. Which of the following does not constitute the direct cost of a project?

a. Cost of materials

b. Wages of labour

c. Penalty imposed by Government

d. All of the above

e. None of the above

  • c. Penalty imposed by Government

Q. Which of the following is a resource?

a. Time

b. Men

c. Money

d. All of the above

e. None of the above

  • d. All of the above

Q. Which of the following have training and development responsibilities?

a. Top line executive

b. Personnel staff

c. Each and every employee

d. Immediate supervisors

e. All of the above

  • e. All of the above

Q. Which one of the following statements is not true about a normal distribution?

a. The mode and the mean are equal

b. It is represented by a bell mouthed curve

c. It has a one mode

d. It has two modes

e. The mean and the median are equal

  • d. It has two modes

Q. In tool signature the last figure represents

a. Cutting speed

b. Operation for which tool is made

c. Limiting rpm

d. Nose radius

e. Tool material

  • d. Nose radius

Q. An organisation may decide to buy a component from outside when

a. existing production facilities are limited

b. there is need to maintain stability in employment

c. cost is less to buy as compared to production cost

d. All of the above

e. None of the above

  • d. All of the above

Q. Of the following, which one is not a factor that would result in economics of scale?

a. More efficient use of the firm's plant

b. More efficient use of the firm's by products

c. More specialisation and division of labour

d. Lower borrowing cost when the firm borrows

e. None of the above

  • a. More efficient use of the firm's plant

Q. Which of the following methods are used for system analysis

a. Linear programming

b. Waiting line model

c. Simulation model

d. All of the above

e. None of the above

  • d. All of the above

Q. Which of the following properties is not subjected to depreciation?

a. Land

b. Automotive equipment

c. Buildings

d. Manufacturing machinery

e. None of the above

  • a. Land

Q. Flatted roof buildings are preferred for

a. electronic industries

b. foundries

c. automobiles assembly lines

d. rolling mills

e. None of the above

  • a. electronic industries

Q. Escrow means

a. A property held by a third person forcing the creditors to fulfil the obligation of the creditor

b. A property attached by the court order

c. A property lost in transit or fire for which claim from insurance company is due

d. Goodwill earned by a company

e. None of the above

  • a. A property held by a third person forcing the creditors to fulfil the obligation of the creditor

Q. 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. 4000 Annual disbursements Rs. 6000

b. Initial cost Rs. 5500 Annual disbursements Rs. 4000

c. Initial cost Rs. 6000 Annual disbursements Rs. 3880

d. Initial cost Rs. 5000 Annual disbursements Rs. 3500

e. Initial cost Rs. 7000 Annual disbursements Rs. 2500

  • e. Initial cost Rs. 7000 Annual disbursements Rs. 2500

Q. Which one of the following is not an incentive plan?

a. Straight piece work with guaranteed base

b. Straight salary

c. Straight piece work

d. Halsey 50-50 plan

e. 100% bonus plan

  • b. Straight salary
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