industrial management quiz 1

Productivity is the ratio of what is produced to what is required to produce it.

• True

• False

Productivity is directly related to profits. In other words, a profitable organization is always productive.The above statement is

• True

• False

Which of the following is NOT an example of an input to the production system.

• Time taken to carry out a job

• Labour force or man hours, man days

• Area of land

• Volume of material or fluid used

Objective (s) of Productivity Measurement is (are)

• To compare an organization with its competitors in the market.

• To find out the relative performance of different employees, units and departments.

• To compare relative benefits of different types of input according to their output

• All of these

Which of the following is (are) NOT a cause of low productivity.

• Wastage of resources during manufacturing/consumption.

• Decrease in wages and incentives with considering increase in productivity.

• Delays and backlogs caused by strikes, maintenance breakdowns, slowdowns

• None of the above

Which of the following is (are) the controllable factor (s) of productivity?

• Product factor

• Plant and equipment

• Material and energy

• All of these

Choose the CORRECT option (s);

I. An increase in the input for the fixed output is always going to affect the productivity.

(II) Concepts of lean manufacturing should be employed to avoid wastage.

• Only I is correct

• Only II is correct

• Both I and II are correct

• None of these

The following information regarding the output produced and inputs consumed for a particular company is available; Output = Rs 20,000, Human input = Rs 1000, Material input = Rs 2000, Capital input = Rs 3000, Energy input = Rs 1000, Other Misc. input = Rs 500. The Capital and Total Productivity, respectively is;

• 6.67, 3.67

• 6.67, 2.67

• 4.67, 2.67

• 4.67, 3.67

Delays and backlogs are the causes of low productivity

• True

• False

Which of the following controllable or internal factor (s) influence (s) productivity?

• Natural resource

• Government and infrastructure

• Structural adjustment

• None of the above