INDUSTRIAL MANAGEMENT GROUP A 1] Choose the correct alternatives

i) Who is the father of Human Relation approach ? a) Elton Mayo, b) Henri Fayolc) F.W. Taylor ii) Management is a art of : a) Profit Making c) Getting thing done by others d) Mary Parker Foilet.

b) Misleading customer d) Satisfying the competitors.

iii) Mechanization of material handling increases : a) Output Cost b) Handling cost c) Efficiency and Economy in handling d) None of these iv) Contribution is the difference between a) Sales and Fixed cost b) Sales and variable cost c) Sales and cost of good sold d) None of these. v) Positive working capital is the excess of : a) Current liability over current Assets. b) Current Assets over current Liabilities c) Current Assets over Fixed Assets. d) None of these. vi) Management is : a) An art b) A Science c) both (a) & (b) d) None of these.

vii) If input increase while output remain constant, what will happen to productivity ? a) It will increase b) It will decrease c) It will remain same d) None of these. viii) Which one is not the element of marketing mix : a) Product b) Price c) Place d) Packing

ix) The production which has definite beginning and definite end is known as : a) Project production b) Job production c) Mass production d) Batch production x) A device to move materials along a definite path and used for moving bulk materials over long distance is known as : a) Fork lift truck b) Elevator c) Hoists d) Conveyor. GROUP B (Short Answer type Questions) (Answer Any Three of the following) 2) What is margin of safety and how it can be improved ? 3) What are the Functions of Management ? 4) Distinguish between Fixed budget & Flexible budget. 5) Distinguish between Personnel Management and Human Resources Management ? i) ABC Analysis of Inventory Control. GROUP C (Long Answer type Questions) (Answer Any Three of the following)

7) a) Define EOQ ? State the importance of EOQ in inventory control ? b) An item has been demanded 30,000 units cost of one procurement is ` 400/- and the holding cost per unit is ` 3/- per year. Determine. i) The economic Order Quantity. ii) Number of Orders during the year. iii) Gap between two orders. iv) The cost per year if the cost per unit is ` 150/-. 8) a) Briefly describe the contribution made by HENRY FAYOL in the field of modern management. b) Briefly describe the two sets of assumption about human behavior as per DOUGLAS Mc. GREGOR. 9) What factors to be consider for plant locations ? 10) a) Two business X Ltd. and Y Ltd. manufacture same type of product. The budgeted profit/loss for the coming year are Sales Variable Cost Fixed Cost Estimated Profit You are require to calculate. A) Break even point and Margin of safety. B) State which of the concern is likely to earn greater profit in ii) Heavy demand for product. iii) Low demand for product b) From the following information, determine. i) BEP in terms of Unit & Value. ii) Number of units that must be sold to earn profit ` 1,50,000 Fixed cost (Factory) Fixed cost (Selling) Variable Manufacturing cost for unit Variable selling cost per unit Selling price per unit 11) Write Short Notes (Any Three) a) b) c) d) e) Control Chart. Six Sigma. SWOT Analysis Objectives of Material Handling. Time Study. --------xx-----xx-----xx-------: : : : : ` ` ` ` ` 80,000/20,000/15/5/30/X Ltd. ` 30,000 ` 24,000 ` 3,000 ` 27,000 ` 3,000 Y Ltd. ` 30,000 ` 20,000 ` 7,000 ` 27,000 ` 3,000