62) In inventory control, the economic order quantity is the

optimum lot size

highest level of inventory

lot corresponding to break-even point

capability of a plant to produce

Answer is:

optimum lot size

quality

statistics

probability

all of the above

Answer is:

management

labour court

high court/supreme court

board of directors

Answer is:

all industries have to necessarily train the apprentices

industries have to train apprentices according to their requirement

all industries employing more than 100 workers have to recruit apprentices

only industries employing more than 500 workers have to recruit apprentices

Answer is:

all industries

all process industries and thermal power plants

only major industries

all industries employing more than 100 workers.

Answer is: