Mechanical Engineering - Industrial Engineering - Forecasting

Buy GATE - Mechanical Engineering Practice test pack

Question - 1

Forecasting provides guidelines on

  • A how many of the products produced are likely to be demanded by the customers
  • B material requirements schedules
  • C amount of business, the firm can expect during the planning period
  • D All of the above

Question - 2

The order in which different jobs are being taken up in a machine or process is calle

  • A routing
  • B sequencing
  • C scheduling
  • D aggregate planning

Question - 3

If forecast and actual demand for march are 60 and 70 respectively. If a = 0.1, then forecasted value of April is

  • A 70
  • B 61
  • C 69
  • D 64

Question - 4

The time at which the processing of job in the machine is completed is

  • A processing time
  • B due date
  • C completion time
  • D flow time

Question - 5

oThe fixed cost of Rs. 25000 and break even quality of 35000 units are estimated for a production. The profit at a sales volume of 50000 units is

  • A 10000
  • B 10500
  • C 10714
  • D None of these

Question - 6

Earliest Due Date EDD sequencing of jobs in a single facility, would

  • A minimise the mean tardiness
  • B minimise the mean lateness
  • C minimise the maximum tardiness
  • D None of the above

Question - 7

Short Processing Time (SPT) sequencing of jobs in a single facility would minimise the

  • A mean lateness
  • B maximum tardiness
  • C Both (a) and (b)
  • D mean tardiness

Question - 8

Annual carrying cost, for a given annual demand

  • A will increase with the increase in the number of orders placed per annum
  • B will decrease with the increase in the number of orders placed per annum
  • C is independent of number of orders placed per annum
  • D will increase with the decrease in lead time

Question - 9

When the ordering cost is increased to 16 times, the EOO will be increased to

  • A 2 times
  • B 4 times
  • C 8 times
  • D remains same

Question - 10

Mean rate of consumption during lead time (R) multiplied by man lead time (L) is equal to

  • A buffer stock
  • B safety stock
  • C reserve stock 
  • D None of these