Question 7:- Which of the following is an advantage of standardization?
a) Frozen designs
b) Customized parts
c) Interchangeable parts
d) Reduced variety
Question 8:- Assembly lines relate most closely to a:
a) Functional layout
b) Product layout
c) Process layout
d) Departmental layout
Question 9:- Which one of the following is an example of regional factors that affect location decisions?
a) Transportation
b) Quality of life
c) Development support
d) Location of new markets
Question 10:- ABC Corporation has planned to purchase a new machine. Total annual fixed cost is Rs. 10,000,
variable cost is Rs. 5 per unit and revenue is Rs. 7 per unit. What would be the break even point?
a) 833 units
b) 2000 units
c) 5000 units
d) 1012 units