ACE ENGINEERING ACADEMY

BANGALURU BRANCH
10. Quantitate Methods in construction
Q-1) The components of construction project:
a) Cost of the project (Budget)
b) Quality and quality of construction facilities (Scope)
c) Time of completion of the project (Schedule)
d) All of these

Q-2) Construction industry inventory costs includes

a) Carrying
b) Ordering
c) Items costs
d) all of the above

Q-3) EOQ is a(an) _________ inventory system.

a) periodic
b) continuous
c) economic
d) None of these

Q-4) In a(an) ____________ inventory system a constant amount is ordered when

inventory declines to a predetermined level.
a) optional
b) economic
c) periodic
d) continuous

Q-5) Which of the following quantitative method is not used by managers to take
decisions?
 a) Linear programming
b) Regression Analysis
c) Hypothesis analysis
d) Inventory model

Q-6) ________ is used for analysing planning decisions.

a) Break-even Analysis
b) Present-value Analysis
c) Simulation and Waiting Line Analysis
d) All the above

Q-7) For nominal data, the only measure of central tendency that can be
applied is:
a) Arithmetic mean
b) Median
c) Mode
d) None of these

Q-8) A reporting relationship in construction organisation ,an employee receives orders

from, and reports to, only one manager is known as:
a) Line of authority
b) Centralization
c) Unity of direction
d) Unity of command

Q-9) Identify the best definition of planning.

a) An integrated process in which plans are formulated, carried out and controlled.
b) The core activity of planners and planning departments.
c) Setting an organisation's objectives and the means of reaching them.
d) Devising ways of achieving the objectives of an organisation.
Q-10) Staffing refers to:
a) measuring performance
b) managing the positions by appointing the right person for the right job
c) management in action
d) making strategic plans.

Q-11) Which of the following refers to the obligation of a manager to carry out the duties
assigned to him?
a) Authority
b) Influence
c) Power
d) Responsibility

Q-12) ............... refers to unanalysed and unorganised facts and figures describing entities.
a) Information.
b) Intelligence.
c) Data
d) Systems.

Q-13) ……….refers to the price of an inventory item in stores context of construction.

a) Ordering cost
b) Item cost
c) Carrying cost
d) None of these

Q-14) Who among the following proposed the concept of functional authority?
a) Chris Argyris
b) Max Weber
c) F. W Taylor
d) Elton Mayo

Q-15) Which of the follow terms refers to the time gap between placing and receiving an
order?
a) Reorder time
b) Lead time
c) Real time
d) Just in time

Q-16) Holding cost of inventory context is synonymous with …………………..

a) Ordering cost
b) Item cost
c) Carrying cost
d) none

Q-17) The output-input ratio within organisation is known as:

a) Efficiency
b) Effectiveness
c) Productivity
d) All the above

Q-18) Which one among the following areas goals identifies factors that indicate the
financial wellbeing of an organization?
a) Profit requirements
b) Productivity
c) Financial resources
d) Physical resources

Q-19) A/an ………………. is a vital tool for providing information about organizational
people relationships.
a) Organizational chart
b) Functional chart
c) Organizational model
d) Functional model

Q-20) The efficient use of resources in construction relative to outcomes is known as:
a) Innovation
b) Financial resources
c) Physical resources
d) Productivity

Q-21) Which of the following means is not used by construction managers, when
implementing quantitate techniques?
a) Scientific perception
b) Financial implement logic
c) Logical tools
d) simple Mathematical

Q-22) A Construction Company consumes annually 6,000 kg of a building composite

material costing Rs.5 per kg. Placing each order costs Rs.25 and the carrying cost is 6% per
year per kg of average inventory. Economic Order Quantity is:
a) 500
b) 1000
c) 2000
d) 3000

Q-23) The main principle of an organisation, is

a) unity of command
b) effective control at all levels
c) delegation of authority
d) all the above.
Q-24) Which of the following is the quantitate method used in construction decision making
purpose?
a) Linear programming
b) Inventory control
c) Queuing theory
d) All of these

Q-25) planning and control of construction business comes under

a) Objectives of the management
b) Principles of the management
c) Functions of the management
d) None of these

KEY
1-D 2-D 3-C 4-B 5-D 6-D 7-A 8-D 9–D 10-B 11-D 12-C 13-B 14-C 15-A

16-C 17-C 18-B 19-A 20-D 21-D 22-B 23-D 24-D 25-C