136. ______ give the right to use patented technology and get related know-how on a mutually agreed basis.
technology licensing
purchase of technology
joint venture
indigenous technology
Answer.1. technology licensing
Explanation:
Technology licensing is a contractual arrangement in which the licenser’s patents, trademarks, service marks, copyrights, trade secrets, or other intellectual property may be sold or made available to a licensee; compensation is negotiated in advance between the parties.
137. There is no need for technological support from the seller in _______
technology licensing
purchase of technology
joint venture
indigenous technology
Answer.2. purchase of technology
Explanation:
Purchased Technology means all Technology owned by Seller related to or used in connection with the Business. There is no need for technological support from the seller in the purchase of technology.
138. The supplier may participate technically as well as financially in a ______ arrangement.
technology licensing
purchase of technology
joint venture
indigenous technology
Answer.3. joint venture
Explanation:
A joint venture is a combination of two or more parties that seek the development of a single enterprise or project for profit, sharing the risks associated with its development.
The supplier may participate technically as well as financially in a joint venture arrangement.
139. Technology developed within a country is called ______
technology licensing
purchase of technology
joint venture
indigenous technology
Answer.3. joint venture
Explanation:
Technology developed within a country is called joint venture.
A joint venture is a combination of two or more parties that seek the development of a single enterprise or project for profit, sharing the risks associated with its development. The parties to the joint venture must be at least a combination of two natural persons or entities.
140. _______ refers to the volume that can be manufactured during a given period.
plant capacity
plant location
plant layout
process layout
Answer.1. plant capacity
Explanation:
Plant capacity refers to the volume or no. of units that can be manufactured during a given time period. It is also known as production capacity. It is the task of the project manager to determine the feasible normal capacity and nominal maximum capacity for the project.
141. _____ refers to the board area where the enterprise is to be established.
plant capacity
plant location
plant layout
process layout
Answer.2. plant location
Explanation:
Plant Location refers to the board area where the enterprise is to be established.
Plant location refers to the choice of region and the selection of a particular site for setting up a business or factory. An ideal location is one where the cost of the product is kept to a minimum, with a large market share, the least risk, and the maximum social gain.
142. ______ refers to the arrangement of machines, equipment and other physical facilities within factory premises.
plant capacity
plant location
plant layout
process layout
Answer.3. plant layout
Explanation:
Plant layout is the arrangement of machines, work areas, and service areas within a factory. Plant layout involves the development of physical relationships among building, equipment, and production operations, which will enable the manufacturing process to be carried on efficiently.
143. In _______ similar machines are placed in one place according to operations they perform.
process layout
combined layout
stationary layout
cellular layout
Answer.1. process layout
Explanation:
A process layout is also called a job-shop or Functional layout.
In this layout, similar equipment or machines are grouped together.
This layout is useful to produce High varieties of products with low volume.
Part travels, according to the established sequence of operations, from area to area, where the proper machines are located for each operation.
Hospitals, where the areas are dedicated to a particular type of care, are an example of this.
144. In ______ Men and equipment are moved to the material which remains in one place:
process layout
combined layout
stationary layout
cellular layout
Answer.3. stationary layout
Explanation:
In a stationary layout, the manufacturing operations require the movements of men, machines, and materials in the product layout and process layout, generally the machines are fixed installations and the operators are static in terms of their specified work stations.
145. ______ Is possible wherein item is made in different types and sizes.
process layout
combined layout
stationary layout
cellular layout
Answer.2. combined layout
Explanation:
A combination layout is possible where an item is being made in different types and sizes. Here machinery is arranged in a process layout but the process grouping is then arranged in a sequence to manufacture various types and sizes of products.
146. In ______ machines dedicated to sequences of production are grouped into cells.
process layout
combined layout
stationary layout
cellular layout
Answer.4. cellular layout
Explanation:
Cellular manufacturing is a type of layout where machines are grouped according to the process requirements for a set of similar items (part families) that require similar processing. These groups are called cells.
147. Line layout is also called ______
process layout
combined layout
stationary layout
product layout
Answer.4. product layout
Explanation:
Product Layout is also known as line layout. It implies that various operations on raw material are performed in a sequence and the machines are placed along the product flow line i.e. machines are arranged in the sequence in which the raw material will be operated upon.
148. In ______ machines are arranged in sequence in which they are used.
process layout
combined layout
stationary layout
product layout
Answer.4. product layout
Explanation:
Product Layout is also known as line layout. It implies that various operations on raw material are performed in a sequence and the machines are placed along the product flow line i.e. machines are arranged in the sequence in which the raw material will be operated upon.
149. There is a continuous flow of materials in process towards the finished product stage in ______
process layout
combined layout
stationary layout
product layout
Answer.4. product layout
Explanation:
Product Layout is also known as line layout. It implies that various operations on raw material are performed in a sequence and the machines are placed along the product flow line i.e. machines are arranged in the sequence in which the raw material will be operated upon.
This type of layout is preferred for continuous production i.e. involving a continuous flow of in-process material towards the finished product stage.
150. ______ is the best suited for mass production:
process layout
combined layout
stationary layout
product layout
Answer.4. product layout
Explanation:
Product Layouts are suitable for mass production or repetitive operations in which demand is steady and volume is high.
