In break even analysis, total cost consists of

A)
fixed cost + sales revenue
B)
fixed cost + variable cost
C)
variable cost + sales revenue
D)
fixed cost + variable cost + profit

Correct Answer : Option (B) :   fixed cost + variable cost

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In a functional organisation
A)
quality of work is better
B)
wastage of material is minimum
C)
specialised knowledge and guidance to individual worker is provided
D)
All of the above

Correct Answer :   All of the above

The most important function of inventory control is
A)
stock control system
B)
to run the stores effectively
C)
technical responsibility for the state of materials
D)
All of the above

Correct Answer :   All of the above

The purpose of micromotion study is to
A)
assist in finding out the most efficient way of doing work
B)
help in collecting the motion time data for synthetic time standards
C)
train the individual operator regarding the motion economy principles
D)
All of the above

Correct Answer :   All of the above

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