FREE Bachelor of Science in Industrial Engineering MCQ Questions and Answers

Question 1

A visual tool that estimates the break-even point and profit potential under various output and cost scenarios is called

Accepted Answer

break-even chart

Answer

PERT chart

Answer

flow chart

Answer

Gnatt chart

Question 2

The steps in a break-even analysis include

Accepted Answer

fixed and variable costs

Answer

operation costs

Answer

variable cost

Answer

fixed cost

Question 3

Break-even analysis indicates success when

Accepted Answer

sales revenue > total cost

Answer

variable cost < fixed cost

Answer

sales revenue < total cost

Answer

sales revenue = total cost

Question 4

The entire cost in break-even analysis is comprised of

Accepted Answer

fixed cost + variable cost

Answer

fixed cost + variable cost + over-heads

Answer

variable cost

Answer

fixed cost

Question 5

Break-even represents the

Accepted Answer

time when industry will undergo loss

Answer

the time when company can make maximum profits

Answer

the time when unit can run without i loss and profit

Answer

the most economical level of operation of any industry

Question 6

A job's allotted time is equal to standard time +

Accepted Answer

policy allowance

Answer

unforeseen allowance.

Answer

learning allowance

Answer

process allowance

Answer

interference allowance

Question 7

The following basic hand motions are studied during micromotions.

Accepted Answer

18

Answer

24

Answer

20

Answer

12

Question 8

The selling price of a product is affected by elements including its cost structure, which includes

Accepted Answer

all of the above.

Answer

buyers’ capability to pay

Answer

various elements of the cost

Answer

lowest competitive price

Answer

sales turn over

Question 9

Work study is focused on

Accepted Answer

improving present method and finding standard time

Answer

improving production planning and control

Answer

improving production capability

Answer

motivation of workers

Question 10

Work-fundamental study's tool is

Accepted Answer

stop watch

Answer

analytical mind.

Answer

planning chart

Answer

process chart