MCQ Hive - Changing Pathways to Wisdom

Routing is essential in the following type of industry_________________?

A. Assembly industry
B. Process industry
C. Job order industry
D. Mass production industry

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Graphical method, simplex method, and transportation method are concerned with__________________?

A. Break-even analysis
B. Value analysis
C. Linear programming
D. Queing theory

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In the Halsey 50-50 plan, the following are rewarded more___________________?

A. Past good workers
B. Past poor workers
C. Past average workers
D. All of the above

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‘Value’ for value engineering and analysis purposes is defined as_____________________?

A. purchase value
B. saleable value
C. depreciated value
D. present worth

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In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:

A. A standard rating system
B. A merit rating system
C. A job evaluation system
D. His individual performance

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Which of the following plans motivates supervisors by paying a premium on time saved by workers_________________?

A. Halsey plan
B. Rowan plan
C. Haynes plan
D. Emerson’s plan

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Which of the following incentive plansrensures a part of the swing to the worker and rest to the employer_______________?

A. Emerson efficiency plan
B. Taylor plan
C. Halsey premium plan
E. Gilberth plan

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PERT has following time estimate_________________?

A. One time estimate
B. Two time estimate
C. Three time estimate
D. Four time estimate

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Break-even analysis can be used for__________________?

A. Short run analysis
B. Long run analysis
C. Average of above two run analysis
D. There is no such criterion

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In the Halsey system of wage incentive plan, a worker is ________________?

A. Paid as per efficiency
B. Ensured of minimum wages
C. Not paid any bonus till his efficiency
D. Never a loser

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