Which of the following organisation is preferred in automobile industry________________?

A. Functional organisation
B. Line organisation
C. Staff organisation
D. Line and staff organisations

The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store_______________?

A. Inflated system
B. Primary cost method
C. Current value method
D. Fixed price method

Gnatt charts are used for_________________?

A. Forecasting sales
B. Production schedule
C. Scheduling and routing
D. Linear programming

Gnatt charts provide information about_____________?

A. Break even point analysis
B. Production schedule
C. Material handling layout
D. Determining selling price

In inventory control, the economic order quantity is the_________________?

A. Optimum lot size
B. Highest level of inventory
C. Lot corresponding to break-even point
D. Capability of a plant to produce

The appellate authority for an industrial dispute is________________?

A. Management
B. Labour court
C. High court/supreme court
D. Board of directors

Standing orders which are statutory are applicable to__________________?

A. all industries
B. all process industries and thermal power plants
C. only major industries
D. only key industries

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

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

According to MAPI formula, the old machine should be replaced by new one when_____________?

A. Cam < dam
B. Cam > dam
C. Cam = dam
D. There is no such criterion