1871. _______ is the level of output volume for which total cost equals total revenues________.

A. Profit
B. Breakeven point *
C. Sales
D. All of these

1872. __________ is a process of representing each item by a number, the digit of which indicates the group, the sub group, the type and the dimension of the item_____.

A. Codification *
B. Classification
C. Duplication
D. None of these

1873. _______ is a manufacturing systems utilizing computer software programs that control the actual machine on the shop floor _________.

A. Complex manufacturing
B. Computer aided manufacturing *
C. A and B
D. None of these

1874. ______ is the japanese concept of continuous improvement in all things________.

A. Kaizen *
B. Marketing Myopia
C. A and B
D. None of these

1875. _________ is the process of creating and using mathematical representations of management problems and organization to predict outcomes of proposed course of action _______.

A. Mathematical modeling *
B. Physical modeling
C. Service Queries
D. None of these

1876. ______ is the degree to which the design specifications for a product or service are appropriate to its function and use, and the degree to which a product or service conforms to its design specifications ________.

A. Quantity
B. Quality *
C. Price
D. Cost

1877. ______ is a process used to determine the maintenance requirements of any physical asset in its operating context ?

A. Reliability centered maintenance *
B. Preventive cost
C. Unavoidable cost
D. None of these

1878. _____ is the application or techniques designed to establish the time for a qualified worker to carry out a specified job at a defined level or performance _________.

A. Work measurement *
B. Work delay
C. Work atmosphere
D. None of these

1879. _______deals with decision making related to production processes so that the resulting goods or service are produced according to specifications in the amount and by the schedule demanded and out of minimum ________.

A. Production management *
B. Marketing management
C. Finance management
D. Capital structure

1880. ________ is the part of an organization, that produces the organization’s physical goods and services ________.

A. Operating system *
B. Marketing system
C. Financial system
D. All of these