Q1. The linear programming techniques can be applied successfully to industries like
(A) iron and steel
(B) food processing
(C) oil and chemical
(D) All of these
Answer: All of these
Explanation:
Q2. In order that linear programming techniques provide valid results
(A) relations between factors must be linear (positive)
(B) relations between factors must be linear (negative)
(C) Both of these
(D) None of these
Answer: Both of these
Explanation:
Q3. The mathematical technique for finding the best use of limited resources in an optimum manner is known as
(A) operation research
(B) linear programming
(C) network analysis
(D) queuing theory
Answer: linear programming
Explanation:
Q4. Which one of the following represents a group incentive plan ?
(A) Halsey Premium Plan
(B) Bedaux Plan
(C) Lincoln Plan
(D) Rowan Plan
Answer: Lincoln Plan
Explanation:
Q5. In A-B-C control policy, maximum attention is given to
(A) those items which consume money
(B) those items which are not readily available
(C) those x items which are in more demand
(D) those items which consume more money
Answer: those items which consume more money
Explanation:
Q6. If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be
(A) 2 HA
(B) 1.33 HA
(C) 1.5 HA
(D) 1.15 HA
Answer: 2 HA
Explanation:
Q7. In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches
(A) 0.5
(B) 6.61
(C) 7.51
(D) 0.8
Answer: 661.00%
Explanation:
Q8. One of the basic essentials of an incentive plan is that
(A) minimum wages should be guaranteed
(B) provide incentive to group efficiency performance
(C) all standards should be based on optimum standards of production
(D) all standards should be based on time studies
Answer: all standards should be based on time studies
Explanation:
Q9. The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as
(A) Rowan Plan
(B) Bedaux Plan
(C) Taylor Differential Piece rate system
(D) Halsey Premium plan
Answer: Halsey Premium plan
Explanation:
Q10. 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
Answer: Haynes plan
Explanation:
Q11. Which of the following is not wage incentive plan
(A) differential piece rate system
(B) Rowan plan
(C) Emerson plan
(D) Taylor plan
Answer: Taylor plan
Explanation:
Q12. 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
Answer: a merit rating system
Explanation:
Q13. PERT has following time estimate
(A) one time estimate
(B) two time estimate
(C) three time estimate
(D) four time estimate
Answer: three time estimate
Explanation:
Q14. CPM has following time estimate
(A) one time estimate
(B) two time estimate
(C) three time estimate
(D) four time estimate
Answer: one time estimate
Explanation:
Q15. 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
Answer: short run analysis
Explanation:
Q16. Value for value engineering and analysis purposes is defined as
(A) purchase value
(B) saleable value
(C) depreciated value
(D) function/cost
Answer: function/cost
Explanation:
Q17. 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) induced to do more work
Answer: ensured of minimum wages
Explanation:
Q18. 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 these
Answer: past poor workers
Explanation:
Q19. Which one of the following represents a group incentive plan ?
(A) Scanlon Plan
(B) Rowan Plan
(C) Taylor Differential Piece Rate System
(D) Halsey Premium Plan
Answer: Scanlon Plan
Explanation:
Q20. Graphical method, simplex method, and transportation method are concerned with
(A) break-even analysis
(B) value analysis
(C) linear programming
(D) queing theory
Answer: linear programming
Explanation:
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