WorksheetsPMC - 2
Total questions: 45
Worksheet time: 23mins
Name
Class
Date
1.
To ensure timely availability of material and avoid build up stock levels is _______________________ .
a)
Standard order
b)
Reorder point
c)
A-Items
d)
Function of inventory control
2.
__________________ is the traditional approach to inventory control.
a)
Reorder point
b)
Order point system
c)
MRP
d)
ABC ANALYSIS
3.
_________________is a detailed list of those movable items which are necessary to manufacture a product.
a)
Inventory
b)
Order point system
c)
Finished product
d)
MRP
4.
____________________aims at keeping track of inventories.
a)
Economic order quantity
b)
Stock control system
c)
Inventory control
d)
Inprocess inventories
5.
___________________is the technique used to plan and control manufacturing inventories.
a)
MRP
b)
Economic order quantity
c)
Reorder point
d)
ABC ANALYSIS
6.
One of the aim of material management is
a)
Workshop
b)
Customer
c)
Satisfaction
d)
Right quantity supplies
7.
Material management is _____________________ of flow of materials
a)
Storage
b)
Planning, organising & Control
c)
Production
d)
Process
8.
Aim of material management to get_________________
a)
Money
b)
machine
c)
The right quantity
d)
labour
9.
Which among the following is not a function of material management?
a)
Material planning
b)
layout
c)
Inventory control
d)
Receiving and warehousing
10.
Material management is a_________________ technique.
a)
Scientific
b)
Modern
c)
Production
d)
Industry
11.
To procure right material is the objective of ____________________ department.
a)
Warehouse
b)
Purchase
c)
Plant
d)
Production
12.
_________________________ is the duties of purchase department.
a)
Storing
b)
Indending
c)
Procure and analyze quotations
d)
Supply
13.
Purchasing department is a __________________ in the overall company structure
a)
Storing
b)
Staff function
c)
Production
d)
Marketing
14.
To place the purchase order for the required goods with right suppliers is the functions of ____________ department.
a)
Warehouse
b)
layout
c)
Store
d)
Purchase
15.
The _____________department occupies a vital and unique position in the organization of an industrial concern.
a)
Purchasing
b)
Plant
c)
Layout
d)
Accounts
16.
Proper co-ordination of departments such as purchase, receiving, testing, storage, accounting etc are the purpose of _______________.
a)
Warehouse
b)
Store room
c)
Stock room
d)
Store keeping
17.
unprocessed material is known as____________________________
a)
Job room
b)
Store
c)
Finished product area
d)
Warehouse
18.
unprocessed material is known as store and the place where it is stored is known as ______________
a)
Store room
b)
Ware house
c)
Purchase department
d)
Office
19.
Finished products 'ready for sale are called as Stock and the place where they are kept is called ___________________
a)
Job room
b)
Store room
c)
Stock room
d)
Warehouse
20.
Finished products 'ready for sale are called as___________________
a)
Job
b)
Stock
c)
Raw material
d)
Finished product
21.
___________________indicates that it is high time to initiate a purchase order and if not done so the inventory may exhaust,
a)
Reorder point
b)
Inprocess Inventories
c)
ABC ANALYSIS
d)
MRP
22.
________________________ is one which permits lowest cost per unit and is most advantages.
a)
Stock control system
b)
Economic order quantity
c)
Spare parts
d)
Inventory control
23.
_____________ helps segregating the items from one another and tells how much valued item is and controlling it to what expense is in the interest of the organization.
a)
Economic order quantity
b)
Inprocess Inventories
c)
Stock control system
d)
ABC ANALYSIS
24.
_______________ is the difference between maximum and minimum quantity and it is known as economic purchase inventory size.
a)
Standrad order
b)
Inprocess Inventories
c)
A-Items
d)
C-Items
25.
____________________are high valued but are limited or few in number.
a)
Stock control system
b)
B-items
c)
A-Items
d)
C-Items
26.
____________________Primary Objective of material management
a)
Productivity
b)
maintenance
c)
Right price
d)
Material management
27.
_____________________Secondary Objective of material management
a)
Productivity
b)
Layout
c)
Safety
d)
Standardisation
28.
Low procurement & storage cost is_____________________Objective of material management.
a)
Productivity
b)
Layout
c)
Primary
d)
Secondary
29.
One of the function of material management
a)
5S
b)
Procurment of Purchasing of material
c)
Safety
d)
Maintenance
30.
Forecasting is ______________ Objective of material management
a)
Primary
b)
Secondary
c)
Lead time
d)
layout
31.
Eliminates duplication of efforts is the advantage of _____________________;
a)
Purchasing
b)
Centralized purchasing
c)
Warehouse
d)
balancing
32.
______________________is purchasing procedure.
a)
Making request for material
b)
Purchase directly from vendor
c)
making request for quotation
d)
Purchase directly from market
33.
Closing completed orders is_________________ procedure.
a)
Purchasing
b)
Ware house
c)
Store
d)
Finance
34.
The ______________________ has the powers to execute purchasing contracts for the concern.
a)
Production head
b)
Supervisor
c)
Purchasing manager
d)
Storehead
35.
The internal organization of the purchasing department is on a ____________ basis.
a)
Line
b)
Layout
c)
Plant
d)
Store
36.
Protect the store materials from ______________.
a)
method of storing
b)
Spare parts
c)
Finished product
d)
theft
37.
________________ depends on type of item to be stored.
a)
method of storing
b)
Method of layout
c)
Method of production
d)
All of these
38.
____________________products are ready to be transported to the customers use.
a)
Raw material
b)
market product
c)
Finished product
d)
Non of these
39.
The most important duty of a storekeeper is to____________________
a)
Plan the Warehouse
b)
Plan the stores
c)
Plan the stock room
d)
Plan the plant
40.
______________ are the parts purchased from outside.
a)
Extra parts
b)
Spare parts
c)
new stock
d)
All of these
41.
___________are medium valued and their number lies in between A and C items.
a)
A-Items
b)
B-items
c)
C-Items
d)
Inprocess inventories
42.
________________are low valued, but maximum numbered items.
a)
Inventory control
b)
B-items
c)
A-Items
d)
C-Items
43.
________________________require carefully storage and handling
a)
A-items
b)
Economic order quantity
c)
MRP
d)
C-Items
44.
______________includes physical verification of stocks, records, ordering policies and purchasing procedures.
a)
Economic order quantity
b)
Inventory control
c)
Stock control system
d)
Inprocess inventories
45.
________________________are semi-finished goods lying in stock rooms and waiting dispatch.
a)
A-items
b)
Inprocess Inventories
c)
Fininshed product
d)
Stock control system
100 %
