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Tracking signal is used in the context of
The characteristic life-cycle of a product consists of four periods. The rate of consumption increases rapidly at the beginning of the.
SIMO charts are used in
The sensitivity of forecast in simple moving average forecasting method, for the increase of the length of average period,
Process layout is employed for:
Gantt chart is applicable for
Johnson's rule is used for
Fixed cost of an equipment is Rs. 6,000, if variable cost of an item it produces is Rs. 2 per item and sells it for Rs. 7 per item, what is the break-even point?
Which of the following layout is useful when the product being processed is very big, heavy or difficult to move?
Generally, the bill of material does not consist of
The difference between actual sales and breakeven point is known as
Which of the following forecasting technique uses three types of participants: decision-makers, staff personnel and respondents?
Military type of organisation is known as
The number of averaging period in the simple moving average method of forecasting is increased for greater smoothing but at the cost of
Which layout is suitable for multi-product company carrying out batch production?
The full form of ERP is
Gantt chats are used for
Which of the following is a technique used for forecasting?
Which of the following is NOT involved in five M's in production or operations management?
In inventory control theory, the Economic Order Quantity
Which of the following is an example of flow production?
The term Kanban is most appropriately associated with-
During manufacture of cement, the handling of lime stone
An airline has determined that 10 spare brake cylinders will give them stock out risk of 30%, whereas 14 will reduce the risk to 15% and 16 to 10%. It takes 3 months to receive items from supplier and the airline has an average of 4 cylinders per month. At what stock level should they reorder assuming that they wish to maintain 85% service level?
The rate at which the entire organization generates money through sales for a product or service is
IF (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be-
MRP-I refers to which of the following?
Which of the following is the input components) to Materials Requirement Planning (MRP) system?
Which of the following lines is known as the trend line?
In ABC analysis, the C items are those which represents-
__________is also called line layout.
ABC analysis is used in
Pallet is an example for which operating principle of material handling plan?
In inventory planning, extra inventory is unnecessarily carried to the end of the planning period when using which of the following lot size decision policies?
Gantt chart is a type of chart which illustrates the-
In P - system of inventory control -
Which of the following is an output of Materials Requirement Planning (MRP)?
Which of the following is referred to as MRP II?
The amount of time elapsed from the moment an inventory replenishment order is placed and the moment the supplier delivers the goods is
Which of the following inventory costs represents the cost of loss of demand due to shortage in supplies?
Inventory control and quality is involved in which of the following phases of production planning and control
Pre-planning stage in production planning and control includes which of the following activities?