December 2015 - Paper 3

46:  

Design professionals brainstorm various options and raise several questions while doing value engineering, which of the following questions shall be included for brainstorming:

(a) Can we eliminate certain features?

(b) Are there certain features of design that cost more than they worth?

(c) Can we reduce the cost by eliminating the production cycles ?

(d) Can we eliminate some parts and replace them with more universal parts?

A.

Only (a) and (b)

B.

Only (b) and (d)

C.

(a), (b) and (d)

D.

(a), (b) and (c)

 
 

Option: C

Explanation :

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47:  
Match the items of List - I with those of List - II :
solved paper
A.

(iii) (i) (iv) (ii)

B.

(iii) (iv) (i) (ii)

C.

(iv) (iii) (i) (ii)

D.

(iv) (ii) (iii) (i)

 
 

Option: B

Explanation :

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48:  

In a production shift of 8 hours duration, the observed time per unit is 5 minutes and Rating factor is 120%. The standard production per shift will be :

A.

60 units

B.

50 units

C.

40 units

D.

30 units

 
 

Option: A

Explanation :

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49:   In hypothesis testing 'p' value ranges between:
A.

Zero and Infinity

B.

Minus infinity and Plus infinity

C.

Zero and One

D.

-1 and +1

 
 

Option: C

Explanation :

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50:  

When the population size 'N' is very large relative to the sample size 'n', the finite population multiplier takes on value close to :

A.

0.5

B.

0. 1

C.

1.0

D.

0.05

 
 

Option: C

Explanation :

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