Top 150+ Solved Industrial Engineering MCQ Questions Answer
Q. Which one of the following industries is least affected by the business cycle?
a. Construction industry
b. Food processing
c. Ship building
d. Iron and steel
e. Textile
Q. If a reduction in prices increases revenue, then the demand curve is said to be
a. Either elastic or inelastic
b. Elastic
c. Inelastic
d. Not determinable from given data
e. Unitary
Q. Choose the correct statement.
a. CPM and PERT are event oriented techniques
b. CPM and PERT are activity oriented techniques
c. CPM is an activity oriented technique while PERT is an event oriented technique
d. None of the above
e. Supply and demand conditions
Q. ABC analysis is used in
a. CPM
b. PERT
c. Inventory control
d. All of the above
e. None of the above
Q. The substitution effect works to encourage a consumer to purchase more of as product when the price of tha good is falling because
a. The consumer's real income has increased
b. The consumer's real income has decreased
c. The product is now less expensive than before
d. Other products are now less expensive than before
e. None of the above
Q. In long run
a. fixed costs will be greater than variable costs
b. variable costs will be greater than fixed costs
c. all costs are variable costs
d. all costs are fixed costs
e. None of the above
Q. 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
e. None of the above
Q. Which of the following represents the reduction in duration?
a. Crushing
b. Negative slack
c. Variance
d. All of the above
e. None of the above
Q. A process layout is generally suggested for
a. Jobbing work
b. Batch production
c. Planned production
d. Discontinuous production
e. None of the above
Q. The remuneration factor which usually hs the greatest effect on the final pay structure is
a. Prevailing pay expensation criteria
b. Payment method
c. Union bargaining power
d. Incentives
e. None of the above
Q. Systematic apratisal of each job in the organisation to determine its comparative value, is known as
a. Job evaluation
b. Job specification
c. Incentive plan
d. Standardisation
e. Regularisation
Q. If D = duration, EF = earliest finish time, ES = earliest start time, LF = latest finish time, LS = latest start time, which relationship does not hold?
a. EF = D - ES
b. EF = D + ES
c. LF = LS + D
d. None of the above
e. Supply and demand conditions
Q. Average fixed cost
a. falls as long as output rises
b. rises as long as output rises
c. is determined by adding average variable cost and average total cost
d. is cut by marginal cost at its lowest point
e. None of the above
Q. Injunction is
a. Permanent closure of a establishment
b. Lock out of an establishment
c. A court decision
d. A memorandum
e. An award
Q. A product layout is generally suggested for
a. Jobbing work
b. Batch production
c. Efficien, machine utilization criteria
d. Continuous production
e. All of the above