Which of the following is not an avoidable cause of labour turnover:
A). Dissatisfaction with Job
B). Lack of training facilities
C). Low wages and allowances
D). Disability, making a worker unfit for work
Labour turnover means:
A). Turnover generated by labour
B). Rate of change in composition of labour force during a specified period
C). Either of the above
D). Both of the above
If overtime is resorted to at the desire of the customer, then the overtime premium:
A). should be charged to costing profit and loss account;
B). should not be charged at all
C). should be charged to the job directly
D). should be charged to the highest profit making department
Which of the following is an abnormal cause of Idle time:
A). Time taken by workers to travel the distance between the main gate of factory and place of their work
B). Time lost between the finish of one job and starting of next job
C). Time spent to meet their personal needs like taking lunch, tea etc
D). Machine break downs
"From the following information, calculate the extra cost of material by following EOQ:Annual consumption = 45000 unitsOrdering cost per order = Rs 10Carrying cost per unit per annum = Rs 10Purchase price per unit = Rs 50Re-order quantity at present = 45000 unitsThere is discount of 10% per unit in case of purchase of 45000 units in bulk"
A). No saving
B). Rs. 2,00,000
C). Rs. 2,22,010
D). Rs. 2,990