1
GATE ME 1998
MCQ (Single Correct Answer)
+1
-0.3
Which one of the following forecasting techniques is not suited for making forecasts for planning production schedules in the short range?
A
Moving average
B
Exponential moving average
C
Regression analysis
D
Delphi
2
GATE ME 1998
MCQ (Single Correct Answer)
+1
-0.3
One of the following statements about $$PRS$$ (Periodic Reordering System) is not true. Identify.
A
$$PRS$$ requires continuous monitoring of inventory levels
B
$$PRS$$ is useful in control of perishable items
C
$$PRS$$ provides basis for adjustments to account for variations in demand
D
In $$PRS,$$ inventory holding costs are higher than in Fixed Recorder Quantity System
3
GATE ME 1998
MCQ (Single Correct Answer)
+1
-0.3
In inventory planning, extra inventory is unnecessarily carried to the end of the planning period when using one of the following lot size decision policies:
A
Lot – for – lot production
B
Economic Order Quantity $$(EOQ)$$ lot size
C
Period Order Quantity $$(POQ)$$ lot size
D
Part Period total cost balancing
4
GATE ME 1998
MCQ (Single Correct Answer)
+1
-0.3
The basic load rating of a ball bearing is
A
the maximum static radial load that can be applied without causing any plastic deformation of bearing components
B
the radial load at which $$90$$% of the group of apparently identical bearings run for one million revolutions before the first evidence of failure.
C
the maximum radial load that can be applied during operation without any plastic deformation of bearing components
D
a combination of radial and axial loads that can be applied without any plastic deformation
EXAM MAP