McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Cost Accounting .
| 51. |
Use of any process or procedure designed to transform a set of input elements into a set of output elements is known as: |
| A. | Transformation process |
| B. | Transformation of input to output |
| C. | Production |
| D. | Technology change |
| Answer» C. Production | |
| 52. |
Conversion of inputs into outputs is known as: |
| A. | Application of technology |
| B. | Operations management |
| C. | Manufacturing products |
| D. | Product |
| Answer» B. Operations management | |
| 53. |
The desired objective of Production and Operations Management is: |
| A. | Use cheap machinery to produce |
| B. | To train unskilled workers to manufacture goods perfectly |
| C. | Optimal utilisation of available resources |
| D. | To earn good profits. |
| Answer» C. Optimal utilisation of available resources | |
| 54. |
The scope of Production Planning and Control is: |
| A. | Limited to Production of products only |
| B. | Limited to production of services only |
| C. | Limited to production of services and products only |
| D. | Unlimited, can be applied to any type of activity. |
| Answer» D. Unlimited, can be applied to any type of activity. | |
| 55. |
Manufacturing system often produces: |
| A. | Standardised products |
| B. | Standardised products in large volumes |
| C. | Substandardproducts in large volumes |
| D. | Products and services in limited volume. |
| Answer» A. Standardised products | |
| 56. |
The difference between product system and project system is: |
| A. | Project system the equipment and machinery are fixed where as in product system they are movable |
| B. | In Product system the machinery and equipment are fixed and in project system they are not fixed |
| C. | Project system produces only standardized products and product system produces only unstandardised products |
| D. | Products cannot be stocked whereas projects can be stocked. |
| Answer» B. In Product system the machinery and equipment are fixed and in project system they are not fixed | |
| 57. |
Most important benefit to the consumer from efficient production system is: |
| A. | He can save money |
| B. | He will have product of his choice easily available |
| C. | He gets increased use value in the product |
| D. | He can get the product on credit. |
| Answer» C. He gets increased use value in the product | |
| 58. |
Two important functions that are to be done by Production department are: |
| A. | Forecasting |
| B. | Costing |
| C. | Scheduling and loading |
| D. | Inspecting. |
| Answer» C. Scheduling and loading | |
| 59. |
The act of releasing the production documents to the production department is known as: |
| A. | Planning |
| B. | Routing |
| C. | Dispatching |
| D. | Releasing |
| Answer» C. Dispatching | |
| 60. |
The activity of specifying when to start the job and when to end the job is known as: |
| A. | Planning |
| B. | Scheduling |
| C. | Timing |
| D. | Follow-up. |
| Answer» B. Scheduling | |
| 61. |
In an organisation the production planning and control department comes under: |
| A. | Planning department |
| B. | Manufacturing department |
| C. | Personal department |
| D. | R & D department. |
| Answer» B. Manufacturing department | |
| 62. |
In Job production system, we need: |
| A. | More unskilled labours |
| B. | Skilled labours |
| C. | Semi-skilled labours |
| D. | Old people |
| Answer» B. Skilled labours | |
| 63. |
In Continuous manufacturing system, we need: |
| A. | General purpose machines and Skilled labours |
| B. | Special machine tools and highly skilled labours |
| C. | Semi automatic machines and unskilled labours |
| D. | General purpose machines and unskilled labours. |
| Answer» B. Special machine tools and highly skilled labours | |
| 64. |
Most suitable layout for Job production is: |
| A. | Line layout |
| B. | Matrix layout |
| C. | Process layout |
| D. | Product layout. |
| Answer» C. Process layout | |
| 65. |
Most suitable layout for Continuous production is: |
| A. | Line layout |
| B. | Process Layout |
| C. | Group technology |
| D. | Matrix layout. |
| Answer» A. Line layout | |
| 66. |
One of the product examples for Line layout is: |
| A. | Repair workshop |
| B. | Welding shop |
| C. | Engineering College |
| D. | Cement. |
| Answer» D. Cement. | |
| 67. |
The act of going round the production shop to note down the progress of work and feedback the information is known as: |
| A. | Follow up |
| B. | Dispatching |
| C. | Routing |
| D. | Trip card |
| Answer» A. Follow up | |
| 68. |
Line of Best fit is another name given to: |
| A. | Method of Least Squares |
| B. | Moving average method |
| C. | Semi average method |
| D. | Trend line method |
| Answer» A. Method of Least Squares | |
| 69. |
One of the important basic objectives of Inventory management is: |
| A. | To calculate EOQ for all materials in the organisation |
| B. | To go in person to the market and purchase the materials |
| C. | To employ the available capital efficiently so as to yield maximum results |
| D. | Once materials are issued to the departments, personally check how they are used. |
| Answer» C. To employ the available capital efficiently so as to yield maximum results | |
| 70. |
The best way of improving the productivity of capital is: |
| A. | Purchase automatic machines |
| B. | Effective Labour control |
| C. | To use good financial management |
| D. | Productivity of capital is to be increased through effective materials management. |
| Answer» D. Productivity of capital is to be increased through effective materials management. | |
| 71. |
The cycle time, selected in balancing a line must be: |
| A. | Must be greater than the smallest time element given in the problem |
| B. | Must be less than the highest time element given in the problem |
| C. | Must be slightly greater than the highest time element given in the problem |
| D. | Left to the choice of the problem solver. |
| Answer» C. Must be slightly greater than the highest time element given in the problem | |
| 72. |
Production planning deals with: |
| A. | What production facilities is required and how these facilities should be laid out in space available |
| B. | What to produce and when to produce and where to sell |
| C. | What should be the demand for the product in future? |
| D. | What is the life of the product? |
| Answer» A. What production facilities is required and how these facilities should be laid out in space available | |
| 73. |
In Process Planning we plan: |
| A. | Different machines required |
| B. | Different operations required |
| C. | We plan the flow of material in each department |
| D. | We design the product. |
| Answer» C. We plan the flow of material in each department | |
| 74. |
In Operation Planning: |
| A. | The planner plans each operation to be done at work centers and the sequence of operations |
| B. | Decide the tools to be used to perform the operations |
| C. | Decide the machine to be used to perform the operation, |
| D. | Decide the materials to be used to produce the product. |
| Answer» A. The planner plans each operation to be done at work centers and the sequence of operations | |
| 75. |
Before thinking of routing, the production planner has to: |
| A. | Decide the optimal allocation of available resources |
| B. | To decide what type of labour to be used |
| C. | To decide how much of material is required |
| D. | To count how many orders he has on his hand. |
| Answer» A. Decide the optimal allocation of available resources | |
| 76. |
The quantities for which the planner has to prepare production plan are known as: |
| A. | Optimal quantity of products |
| B. | Material planning |
| C. | Quantity planning |
| D. | Planning quantity standards. |
| Answer» D. Planning quantity standards. | |
| 77. |
The document, which is used to show planning quantity standards and production plan, is known as: |
| A. | Planning specifications |
| B. | Route sheet |
| C. | Bill of materials |
| D. | Operation sheet |
| Answer» A. Planning specifications | |
| 78. |
In solving a problem on LOB, the number of workstations required is given by: |
| A. | Cycle time/Total time |
| B. | Cycle time/Element time |
| C. | Total time/Element time |
| D. | Total time/ Cycle time. |
| Answer» D. Total time/ Cycle time. | |
| 79. |
Final stage of production planning, where production activities are coordinated and projected on a time scale is known as: |
| A. | Scheduling |
| B. | Loading |
| C. | Expediting |
| D. | Routing |
| Answer» A. Scheduling | |
| 80. |
The study of relationship between the load on hand and capacity of the work centers is known as: |
| A. | Scheduling |
| B. | Loading |
| C. | Routing |
| D. | Controlling |
| Answer» B. Loading | |
| 81. |
One of the aims of loading is: |
| A. | To finish the job as early as possible |
| B. | To minimise the material utilization |
| C. | To improve the quality of product |
| D. | To keep operator idle time, material waiting time and ancillary machine time at |
| Answer» D. To keep operator idle time, material waiting time and ancillary machine time at | |
| 82. |
One of the principles of Scheduling is: |
| A. | Principle of optimal product design |
| B. | Principle of selection of best material |
| C. | Principle of optimal operation sequence |
| D. | Principle of optimal cost. |
| Answer» C. Principle of optimal operation sequence | |
| 83. |
One of the requirements of Aggregate Planning is: |
| A. | Both output and sales should be expressed in a logical overall unit of measuring |
| B. | Appropriate time period |
| C. | List of all resources available |
| D. | List of operations required. |
| Answer» A. Both output and sales should be expressed in a logical overall unit of measuring | |
| 84. |
In aggregate planning, one of the methods in modification of demand is: |
| A. | Differential Pricing |
| B. | Lay off of employees |
| C. | Over time working |
| D. | Sub contracting. |
| Answer» A. Differential Pricing | |
| 85. |
In aggregate planning one of the methods used to modification of supply is: |
| A. | Advertising and sales promotion |
| B. | Development of complimentary products |
| C. | Backlogging |
| D. | Hiring and lay off of employees depending on the situation. |
| Answer» D. Hiring and lay off of employees depending on the situation. | |
| 86. |
The first stage of Production control is: |
| A. | Dispatching |
| B. | Scheduling |
| C. | Routing |
| D. | Triggering of production operations and observing the progress and record the |
| Answer» D. Triggering of production operations and observing the progress and record the | |
| 87. |
One of the important production documents is: |
| A. | Design sheet of the product |
| B. | List of materials |
| C. | Route card |
| D. | Control chart |
| Answer» C. Route card | |
| 88. |
The way in which we can assess the efficiency of the production plant is by: |
| A. | Efficient dispatching |
| B. | By manufacturing a good product |
| C. | By comparing the actual performance with targets specified in the specified programme |
| D. | By efficient production planning. |
| Answer» C. By comparing the actual performance with targets specified in the specified programme | |
| 89. |
Production control concerned with: |
| A. | Passive assessment of plant performance |
| B. | Strict control on labours |
| C. | Good materials management |
| D. | Good product design |
| Answer» A. Passive assessment of plant performance | |
| 90. |
When work centers are used in optimal sequence to do the jobs, we can: |
| A. | Minimise the set up time |
| B. | Minimse operation time |
| C. | Minimise the breakdown of machines |
| D. | Minimise the utility of facility. |
| Answer» A. Minimise the set up time | |
| 91. |
One of the activities of expediting is: |
| A. | To file the orders in sequence |
| B. | To decide the sequence of operation |
| C. | To record the actual production against the scheduled production |
| D. | To examine the tools used in production |
| Answer» C. To record the actual production against the scheduled production | |
| 92. |
‘Z’ chart is a chart used in: |
| A. | Programme control |
| B. | Job control |
| C. | Cost control |
| D. | Quality control |
| Answer» A. Programme control | |
| 93. |
Z-chart can be used to show: |
| A. | Process used in production |
| B. | Quality level of the product |
| C. | Both the plan and the performance, and deviation from the plan |
| D. | To show cost structure of the product. |
| Answer» C. Both the plan and the performance, and deviation from the plan | |
| 94. |
Computers are used in Production control in this area: |
| A. | Follow-up activity |
| B. | To control labour |
| C. | To disseminate information |
| D. | Loading, Scheduling and Assignment works. |
| Answer» D. Loading, Scheduling and Assignment works. | |
| 95. |
The following establishes time sequence of operations: |
| A. | Routing |
| B. | Sequencing |
| C. | Scheduling |
| D. | Dispatching |
| Answer» C. Scheduling | |
| 96. |
Arrangement of machines depending on sequence of operations happens in: |
| A. | Process Layout |
| B. | Product Layout |
| C. | Hybrid Layout |
| D. | Group Technology Layout. |
| Answer» B. Product Layout | |
| 97. |
Issuing necessary orders, and taking necessary steps to ensure that the time targets set in the schedules are effectively achieved is known as: |
| A. | Routing |
| B. | Dispatching |
| C. | Scheduling |
| D. | Inspection. |
| Answer» B. Dispatching | |
| 98. |
The card which is prepared by the dispatching department to book the labour involved in each operation is: |
| A. | Labour card |
| B. | Wage card |
| C. | Credit card |
| D. | Job card. |
| Answer» B. Wage card | |
| 99. |
Addition of value to raw materials through application of technology is: |
| A. | Product |
| B. | Production |
| C. | Advancement |
| D. | Transformation. |
| Answer» B. Production | |
| 100. |
The most powerful and popular method for solving linear programming problem is |
| A. | Simplex method |
| B. | Graphical method |
| C. | Transportation method |
| D. | Assignment method |
| Answer» A. Simplex method | |
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