WorksheetsTextile mgt 2
Total questions: 10
Worksheet time: 5mins
Quality does not imply
Customer satisfaction
Freedom from Defects
Fitness for use
Amount of resource used for the purpose
Which of the following is not an element of Cost of Quality
Internal failure cost
Material Cost
Appraisal Cost
Prevention Cost
Appraisal cost does not include
Verification
Supplier rating
Quality Audit
Waste analysis
A method of ensuring that the processes are able to deliver desired quality every time
Quality
Assurance
Quality Circle
Qaulity control
Quality system
A processed input with logical meaning is called
Information
Data
Element
System
Which of the following is not the benefit of MIS
Creativity in decision making
Efficient Planning and control
Highlighting strengths of the organisation
Reports on resource utilisation
The excess of actual sales over breakeven sales is called
Contribution
Margin of safety
P/V ratio
Profit
PV Ratio(F+P)=
Actual Sales
Breakeven Sales
Margin of Safety
Profitability
The following is never true for breakeven analysis
P/V ratio is greater than 1
Fixed cost is constant
Variable costs are linearly varying
Units sold is same as units produced
P/V ratio can be improved by
Increasing variable cost
Increasing fixed cost
Reducing selling price
Reducing variable cost
