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MCQ
463. Value engineering aims at finding out the-
depreciation value of a product
resale value of a product
major function of the item and accomplishing the same at least cost without change in quality
break even point when machine requires change
465. In inventory control, the economic order quantity is the-
optimum lot size
highest level of inventory
lot corresponding to break-even point
capability of ar plant to produce
470. Under the Apprenticeship Act--
all industries have to necessarily train the apprentices
industries have to train apprentices according to their requirement
all industries employing more than 100 workers have to recruit apprentices
only industries employing more than 500. workers have to recruit apprentices
472. Which of the following organisation preferred in automobile industry--
functional organisation
line organisation staff organisation
line and staff organisations
none
475. The salient feature of functional organization is—
strict adherence to specification
separation of planning and design part
work is properly planned and distributed
each individual maintains functional efficiency
all of the above
477. The most popular type of organisation used for Civil Engineering Constructions is—
line organisation
line and staff organisation
functional organization
effective organisation
480. An optimum project schedule implies--
optimum útilization of men, machines and materials
lowest possible cost and shortest possible time for project
timely execution of project
to produce hest results under given constraints