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Replacement Problem MCQ Ques Unit-4

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0% found this document useful (0 votes)
1K views5 pages

Replacement Problem MCQ Ques Unit-4

Uploaded by

Aransh Agarwal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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SD COLLEGE OF MANAGEMENT STUDIES

REPLACEMENT PROBLEMS
UNIT-3

1. Replacement decision is very much common in this stage:


(A) Infant stage
(B) Old age
(C) Youth
(D) All the above
Ans- B

2. The replacement policy that is imposed on an item irrespective of its failure is


(A) Group replacement
(B) Individual replacement
(C) Repair spare replacement
(D) Successive replacement
Ans-A

3. Contractual agreement maintenance or maintenance with the manufacturer is


suitable for equipment which is
(A) In its infant state
(B) When a machine is an old one
(C) Scrapped
(D) None of these
Ans-A

4. Decreasing failure rate is usually observed in machine. stape of the


(A) Infant
(B) Youth
(C) Old age
(D) Any time in its life
Ans-A

5. The type of failure that usually occurs in old age of the machine is
(A) Random failure
(B) Early failure
(C) Chance failure
(D) Wear out failure
Ans-D

6. In replacement analysis the maintenance cost is the function of


(A) Time
(B) Resale value
(C) Initial investment
(D) None of these
Ans-A
7. Which of the following is the correct assumption for replacement policy when money
value does not change with time?
(A) No capital cost
(B) No scrap value
(C) Constant scrap value
(D) Zero maintenance cost
Ans-C

8. Which one of the following does not match the group?


(A) Present worth factor (PWF)
(B) Discounted rate (DR)
(C) Depreciation value (DV)
(D) Mortality tables (MT)
Ans-D

9. Group replacement policy applies to


(A) Irreparable items
(B) Repairable items
(C) Items that fail partially
(D) Items that fail completely
Ans-D

10. If a machine becomes old, then the failure rate expected will be.
(A) Constant
(B) Increasing
(C) Decreasing
(D) We can not say
Ans-B

11. Replacement is said to be necessary if


(A) Failure rate is increasing
(B) Failure cost is increasing
(C) Failure probability is increasing
(D) Any of these
Ans-D

12. In this stage, the machine operates at highest efficiency & its production
rate will be high
(A) Infant stage
(B) Youth stage
(C) Old age
(D) None of these
Ans-B

13. In retrogressive failures, the failure probability with time.


(A) Increases
(B) Remains constant
(C) Decreases
(D) None of these
Ans-C
14. When money value changes with time at 10%, then PWF for the first year is
(A) 1
(B) 0.909
(C) 0.852
(D) 0.9
Ans-A

15. When the probability of failure reduces gradually, the failure mode is said to be:
(A) Regressive
(B) Retrogressive
(C) Progressive
(D) Recursive
Ans-B

16 ........... is concerned with the determination of the most economic replacement


policy.
(A) Probabilistic programming
(B) Linear programming
(C) Search theory
(D) Replacement theory
Ans-D

17. Which cost of the following is Irrelevant to replacement analysis?


(A) Purchase cost of the machine
(B) Operating cost of the machine
(C) Maintenance machine cost of the
(D) Machine hour rate of the machine
Ans-D

18. Group replacement policy is most suitable for


(A) Trucks
(B) Infant machines
(C) Street light Bulbs
(D) New cars
Ans-A

19. The following is not discuss in group replacement policy.


(A) Failure probability
(B) Cost of individual replacement
(C) Loss due to failure
(D) Present worth factor series
Ans-A

20. It is assumed that maintenance cost mostly depends on:


(A) Calendar age
(B) Manufacturing age
(C) Running age
(D) User's age
: Ans-A
21. Which of the following maintenance policy is not used in the old age stage of a
machine
(A) Operate up to failure and do corrective maintenance
(B) Reconditioning
(C) Replacement
(D) Scheduled preventive maintenance
Ans- D

22. The following replacement model is said to be a probabilistic model


(A) When money value does not change with time and time is a continuous variable
(B) When money value changes with time
(C) When money value does not change with time and time is a discrete variable
(D) Preventive maintenance policy
Ans- D

23. A machine is replaced with an average running cost


(A) Is not equal to the current running cost
(B) till the current period is greater than that of next period
(C) of the current period is greater than that of the next period,
(D) of the current period is less than that of next period
Ans- D

24. The production manager will not recommend group replacement policy in case of
(A) When large number of identical items is to be replaced
(B) Low cost items are to be replaced, where record keeping is a problem
(C) For items that fail completely
(D) Repairable items
Ans- D

25. Which of the following replacement policies is considered to be dynamic in


nature?
(A) Time is a continuous variable and the money value does not change with time
(B) When money value does not change with time and time is a discrete variable
(C) When money value changes with time
(D) When money value remains constant for some time and then goes on changing with time
Ans- C

26.Which cost of the following is irrelevant to replacement analysis?


(A) Purchase cost of the machine
(B) Operating cost of the machine
(C) Maintenance cost of the machine
(D) Machine hour rate of the machine
Ans- D

27. Group replacement policy is most suitable for


(A) Trucks
(B) Infant machines
(C) Street light bulbs
(D) New cars
Ans- C

28. Replacement of an item will become necessary when


(A) an old item becomes too expensive to operate or maintain
(B) when your operator desires to work on a new machine
(C) when your opponent changes his machine in his unit
(D) when the company has surplus funds to spend
Ans- A

29. The following is not discussed in group replacement policy


(A) Failure Probability
(B) Cost of individual replacement
(C) Loss due to failure
(D) Present worth factor series
Ans- D

30.it is assumed that maintenance cost mostly depends on


(A) calendar age
(B) manufacturing date
(C) running age
(D) user’s age
Ans- C

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