1. No restrictions are on rail transport.
[A]TRUE
[B]FALSE
2. Inventory control technique is suited for low value indirect materials which are economical to procure them in certain pre fixed quantities.
[A]TRUE
[B]FALSE
3. Reorder quantity in fixed order interval system equal economic order quantity.
[A]TRUE
[B]FALSE
4. Continuous stock-taking tends to dislocate the working of store.
[A]TRUE
[B]FALSE
5. PO gives full and complete details of the materials to be supplied thereby avoiding ambiguities.
[A]TRUE
[B]FALSE
6. Two bin system is better as compared to perpetual inventory system.
[A]TRUE
[B]FALSE
7. EOQ model is based on the assumption that unit price is fixed.
[A]TRUE
[B]FALSE
8. Supplier's request for price increase should be analysed patiently by the buyer. A curt 'no' or 'negative' reply spoils relationships.
[A]TRUE
[B]FALSE
9. Materials department is service department.
[A]TRUE
[B]FALSE
10. Value analysis is necessary when company's profits soars.
[A]TRUE
[B]FALSE
11. Post parcel consignments are cleared through customs & clearance is done through foreign post office.
[A]TRUE
[B]FALSE
12. Number of free days allowed for air consignments is 15 days from the flight date.
[A]TRUE
[B]FALSE
13. The trade discount is not allowed as a percentage of published price.
[A]TRUE
[B]FALSE
14. Make or buy decision are of common concern to both materials and production department.
[A]TRUE
[B]FALSE
15. Ex-works means sale is made on rail/truck at the station of dispatch.
[A]TRUE
[B]FALSE
Home
Maintenance Management
Material Management
Materials Management
MM
Materials Management Quiz - 3
Materials Management Quiz - 3
Subscribe to:
Post Comments (Atom)
Most Played Quizzes Last Week
-
1. Which among the following books are not written by Sister Nivedita? [A]Kali the mother [B]The Webo Of Indian Life [C]The Religio...
-
1. What was the old name of Varanasi(Banaras)? [A]Patliputra [B]Magadh [C]Indraprastha [D]Kashi 2. On which river bank Varanasi is situated...
-
1. Which of the following is considered to be poor e-mail etiquette? [A]Have a proper sign off: Regards, Sincerely, etc. [B]Responding to me...
-
1. What is the origin of Karwa Chauth? It originated in South India It originated in North India It originated in Western India It orig...
-
1. Ratan Tata was the Chairman of which of the following conglomerates? Reliance Industries Aditya Birla Group Infosys Tata Group 2. ...
-
1. Guess the logo? Hint:It is a national agency of the Government of India, based in Hyderabad and formed by an act of Indian Parliament. ...
-
1. What is Baisakhi? A festival of harvest A festival of flowers A festival of colors A festival of lights 2. In which month is Baisakhi ...
-
1. If you want to borrow a book, where will you go? Bookstore Library Museum Stationary 2. If you want to have a little fun in the water, th...
-
1. When is Dhanteras celebrated in India? 1 day before Diwali 2 days before Diwali 3 days before Diwali On the day of Diwali 2. Dhante...
No comments:
Post a Comment