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WorksheetsProcess economics
Total questions: 15
Worksheet time: 8mins
Which of the following is not a cash outflow?
Increase in Prepaid expenses
Increase in debtors
Increase in stock
Increase in creditors
Time value of money indicates that
A unit of money obtained today is worth more than a unit of money obtained in future
A unit of money obtained today is worth less than a unit of money obtained in future
There is no difference in the value of money obtained today and tomorrow
Time is valuable than money
OSHA was created to
Data analysis
To reduce hazards
Ecological development
EIA analysis
What is HACCP system for?
Physical, Chemical and Biological Hazards
Identifying the CCPs, including their location, procedure and process
A systematic analysis of all steps and regular monitoring of the control points
Accurately monitoring food hygiene hazards
What does Critical Control Point mean?
The point when food handlers must start to make administrative records in the HACCP system.
The point when steam starts to rise from food being cooked.
When bacteria starts to grow uncontrollably on food.
It is a point, step or procedure at which control can be applied to prevent or eliminate a food safety hazard or reduce it to an acceptable level.
How many principles are there in a HACCP system?
Four
Seven
Eighteen
Ten
Process layout is also known as _______
Functional layout
Batch production layout
Straight line layout
Bent line layout
Which of the following facility layout is best suited for the intermittent type of production, which is a method of manufacturing several different products using the same production line?
Product layout
Process layout
Fixed position layout
Cellular manufacturing layout
Which of the following is a potential disadvantage of product layout?
Limited opportunities for specialisation of equipment
Inconvenient movement of materials
High unit costs
Not very robust if there is a disruption
Which of the following does not come under the sales expenses for a product of a chemical plant?
Advertising
Warehousing
Legal fees
Customer service
Which of the following is a component of working capital investment?
Utilities plants
Maintenance and repair inventory
Process equipments
Depreciation
Find the odd one out
HACCP
PRP
OPRP
CAD
Expand EHEDG
The European Hygienic Engineering and Design Group
The European Health Engineering and Data Group
The European Health Engineering and Design Group
The European Hyper Engineering and Design Group
From high variety to low variety, which is the correct order of layout types?
Product, cell, process
Product, fixed-position, process
Fixed-position, cell, process
Process, cell, product
The main objective of feasibility study is
To assess whether it is possible to meet the requirements specifications
To assess if it is possible to meet the requirements specified subject to constraints of budget, human resource and hardware
To assist the management in implementing the desired system
To remove bottlenecks in implementing the desired system
