QB Industrial Management Ca3 2023

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Group A

i. ………… are used to represent activity in a network diagram


a) Circle b) Square c) Rectangle d) Arrows
ii. The shortest possible time in which an activity can be
achieved is known as………………
a) Pessimistic Time Estimate b) Optimistic Time
Estimate
c) Expected Time Estimate d) Most Likely Time
Estimate
iii. The difference between the maximum time available and actual
time needed to perform an activity is known as ………….
a) Free Float b) Independent Float c) Total Float d) Half float
iv. The use of FIFO method in material issue control is more suitable when
a) prices are constant for a long-time b) prices are constantly fluctuating
c) price is falling d) price is rising
v. Which organization is temporary by nature
a) Matrix organization b) Line organization
c) Project organization. d)Project organization
vi. Matrix organisation is the combination of
a) Line and functional organisation b) Line and informal
organization
c) project and functional organisation d) none of these
vii. Types of corporate culture are ____________
a) Clan and Adhocracy culture b) Market and hierarchy
culture
c) Both a & b d) None of these
viii. Materials management mainly focuses on _______
A. management of raw material or components required for
continuous production
B. production of finished goods and it’s sale in the appropriate market
C. management of logistics and supply chain activities for timely
market reach
D. distribution of materials to the seller and distributor for smooth
functioning of the market activities
ix. The average stock level is………….. units if the maximum stock level
is 950 units and the minimum stock level is 850 units.
A. 900 B. 400 C.146 D. none
X. The optimum level of inventory is popularly referred to as the ………..
A. Minimum stock level
B. Re-order stock level
C. Economic Order Quantity
D. none
xi. Which method is used to judge the criticality of items
a) VED Analysis b) ABC Analysis
c) FSN Analysis d) HML Analysis
xii. Which organization is hybrid by nature
a) Matrix organization b) Line organization
c) Project organization. d)Project organization
xiii. Productivity is the
a) Input-Output Ratio b) Output-Input Ratio
c) Cost to Output Ratio d) none of these
FOR MORE MCQs CONSIDER THE QBs of CA1 & CA 2

Group B
1. Draw the network and find the critical path
Activity Preceding Activities Duration (Days)
A - 4
B - 7
C - 6
D A, B 5
E A, B 7
F C, D, E 6
G C, D, E 5

2.
Activity Normal Crash
Time Cost Time Cost
1-2 8 100 6 200
1-3 4 150 2 350
2-4 2 50 1 90
2-5 10 100 5 400
3-4 5 100 1 200
4-5 3 80 1 100
Crash by 2 days
3. Write a short note on EOQ and Reorder level
4. Monthly demand of finished product 2000 units; Ordering cost is Rs. 180; Annual
carrying cost 12% of material price; Material price per unit Rs. 25 per kg; Raw material
required per unit of finished product 2 kg. Calculate EOQ.
5. Prepare store ledger considering the method of simple average
1. 08. 22 Receipt 200 units @ Rs 2
3. 08. 22 Receipt 300 units @ Rs 2.40
8. 08. 22 Issues 250 units
25. 08. 22 Receipt 250 units @ Rs 2.60
30. 08. 22 Issues 300 units
6. Calculate Reorder level and Minimum level
Minimum consumption= 60 units per day; Normal consumption= 100 units per day;
Maximum consumption= 130 units per day; Reorder period= 25-30 days.
7. State the types of formal organisation
8. What is industrial management? State the function of Industrial management.
9. State the difference between industrial management and production management
10. State the difference between authority and responsibility.
11. Draw the network and find the critical path 5
Activity 1-2 1-3 1-4 2-5 2-7 3-6 3-8 4-6 6-8 7-8 8-9
No. of 6 7 8 18 20 8 9 2 14 7 10
Days

12. Discuss the difference between centralization and decentralization


13. Discuss the difference between management and productivity
14. Discuss the different types of productivity.
15. Write a short note on
I. ABC Analysis
II. FSN Analysis
III. VED Analysis
IV. MBO

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