What is mass production and mass consumption ? -SST 10th

What is mass production and mass consumption ? -SST 10th
by

1 Answer

Answer :

One important features of the vibrant US economy of the 1920s was mass production. A well-known pioneer of mass production was the car manufacturer Henry Ford. He adapted the assembly line production to his new car plant in Detroit. The assembly line production forced workers to repeat a single task mechanically and continuously – such as fitting a particular part to the car – at a pace dictated by the conveyor belt. This was a way of increasing the output per worker by speeding up the pace of work. Standing in front of a conveyor belt no worker could afford to delay the motions, take a break, or even have a friendly word with a workmate. As a result, Henry Ford’s cars came off the assembly line at three-minute intervals, a speed much faster than that achieved by previous methods. The T-Model Ford was the world’s first mass-produced car. Mass production reduced the cost of goods and this resulted in mass consumption.
by

Related questions

Economic efficiency means (a) Production of goods of mass consumption at lower cost; (b) Production of goods and services for those who have purchasing power; (c) Getting greatest satisfaction from available resources ; (d) Full employment of working force

Description : Economic efficiency means (a) Production of goods of mass consumption at lower cost; (b) Production of goods and services for those who have purchasing power; (c) Getting greatest satisfaction from available resources ; (d) Full employment of working force

Last Answer : (c) Getting greatest satisfaction from available resources 

“Production and consumption of steel is often regarded as the index of a country’s development”. -SST 10th

Description : “Production and consumption of steel is often regarded as the index of a country’s development”. -SST 10th

Last Answer : (i) Steel production is the backbone of any country's economy since it is the basic unit for the development of the nation. (ii) Almost every industry depends on iron and steel for its ... it can be concluded that growth in production of steel is regarded as the index of country's development.

Is it more moral to tax production, or to tax consumption?

Description : Is it more moral to tax production, or to tax consumption?

Last Answer : Morality has nothing to do with taxes.

How much is Bangladesh currently in rice production and consumption ?

Last Answer : At present Bangladesh is fourth in rice production and consumption

What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Description : What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Last Answer : Economic analysis is need for analyzing the production,distribution and consumption of goods. This allows a group orbusiness understand what goods are the most needed and sell thebest.

What If the trend of production of fuel energy falls behind the levels of consumption what could result?

Description : What If the trend of production of fuel energy falls behind the levels of consumption what could result?

Last Answer : The most immediate result would be increased prices, thenreduced availability.

What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Description : What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Last Answer : Economic analysis is need for analyzing the production,distribution and consumption of goods. This allows a group orbusiness understand what goods are the most needed and sell thebest.

What If the trend of production of fuel energy falls behind the levels of consumption what could result?

Description : What If the trend of production of fuel energy falls behind the levels of consumption what could result?

Last Answer : The most immediate result would be increased prices, thenreduced availability.

Preparation of butter, ghee by a household for their own use is a part of : (1) own-account production (2) household capital formation (3) industrial production (4) consumption

Description : Preparation of butter, ghee by a household for their own use is a part of : (1) own-account production (2) household capital formation (3) industrial production (4) consumption

Last Answer : (4) consumption Explanation: The processing of agricultural products; the production of grain by threshing: the production of flour by milling; the curing of skins and the production of leather ... production of baskets and mats; etc, come under processing of primary commodities for own consumption.

Operating Surplus arises in the - (1) Government Sector (2) Production for self consumption (3) Subsistence farming (4) Enterprise Sector

Description : Operating Surplus arises in the - (1) Government Sector (2) Production for self consumption (3) Subsistence farming (4) Enterprise Sector

Last Answer : (1) Government Sector

Production function explains the relationship between - (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Description : Production function explains the relationship between - (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Last Answer : (1) initial inputs and ultimate output Explanation: Production function explains the relationship between factor input and output under given technology. It explains as to for increasing the ... . Production function explains the physical relationship between input and output under given technology.

Steel sheets used in the production of furnitures is an example of (1) an intermediate good (2) a final good (3) an investment good (4) a consumption good

Description : Steel sheets used in the production of furnitures is an example of (1) an intermediate good (2) a final good (3) an investment good (4) a consumption good

Last Answer : (1) an intermediate good Explanation: Intermediate goods are semifinished products are goods that are used as inputs in the production of oilier goods including final goods. It comprises material or ... , intermediate goods either become part of the final product, or are changed beyond recognition.

How can a dairy farmer reduce fodder consumption by his cattle and also increase milk production? (1) By increasing the supply of feed concentrate (2) By stall feeding (3) By allowing the cattle to graze in the fields (4) By administering hormones

Description : How can a dairy farmer reduce fodder consumption by his cattle and also increase milk production? (1) By increasing the supply of feed concentrate (2) By stall feeding (3) By allowing the cattle to graze in the fields (4) By administering hormones

Last Answer : (3) By allowing the cattle to graze in the fields Explanation: Like dry fodder is used to fill the empty space in the stomach of cattle, green fodder can also achieve the same result. Fat ... to milk. Green fodder can nicely substitute dry fodder and at the same time keeping the cattle satisfied.

In a roll crusher, the specific power consumption and the production rate is affected by the (A) Reduction ratio (B) Differential roll speed (C) Both (A) and (B) (D) Neither (A) nor (B)

Description : In a roll crusher, the specific power consumption and the production rate is affected by the (A) Reduction ratio (B) Differential roll speed (C) Both (A) and (B) (D) Neither (A) nor (B)

Last Answer : (C) Both (A) and (B)

Home gardening deals with vegetable production for: a. Home consumption b. For local market c. At commercial level d. All of these

Description : Home gardening deals with vegetable production for: a. Home consumption b. For local market c. At commercial level d. All of these

Last Answer : Home consumption

Vegetable production for local consumption is: e. Market gardening a. Home gardening b. Truck gardening c. Vegetable forcing

Description : Vegetable production for local consumption is: e. Market gardening a. Home gardening b. Truck gardening c. Vegetable forcing

Last Answer : Market gardening

A cane sugar factory having sugar production rate of 10 tons/day will produce about __________ tons/day of bagasse (after consumption by the factory for heating etc.). (A) 1 (B) 10 (C) 25 (D) 40

Description : A cane sugar factory having sugar production rate of 10 tons/day will produce about __________ tons/day of bagasse (after consumption by the factory for heating etc.). (A) 1 (B) 10 (C) 25 (D) 40

Last Answer : (B) 10

Diaphragm electrolytic cell as compared to mercury electrolytic cell (A) Produces 70% NaOH solution (B) Requires less specific power consumption for the production of chlorine (C) Requires lesser investment for similar capacity (D) All (A), (B) and (C)

Description : Diaphragm electrolytic cell as compared to mercury electrolytic cell (A) Produces 70% NaOH solution (B) Requires less specific power consumption for the production of chlorine (C) Requires lesser investment for similar capacity (D) All (A), (B) and (C)

Last Answer : (C) Requires lesser investment for similar capacity

What is the term in economics for the consumption of fixed capital? a) Investment b) Value added c) Production flow d) Depreciation

Description : What is the term in economics for the consumption of fixed capital? a) Investment b) Value added c) Production flow d) Depreciation

Last Answer : d) Depreciation

What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Description : What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Last Answer : : b) Goods such as tools, machinery, etc which are used to create final consumer goods

What are consumption goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumption goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Description : What are consumption goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumption goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Last Answer : : c) Goods and services that are consumed fully when purchased by the consumers

Engel’s curve illustrates the relationship between (a) Consumption and Utility (b) Production and Productivity (c) Income and Consumption (d) Income and Production

Description : Engel’s curve illustrates the relationship between (a) Consumption and Utility (b) Production and Productivity (c) Income and Consumption (d) Income and Production

Last Answer : (c) Income and Consumption

19. An energy policy does not include a) Target energy consumption reduction b) Time period for reduction c) Declaration of top management commitment d) Future production projection

Description : An energy policy does not include a) Target energy consumption reduction b) Time period for reduction c) Declaration of top management commitment d) Future production projection

Last Answer : Future production projection

As per the case study of the CUSUM technique energy consumption and the production data were collected for plant over a period of months. a. 20. c. 19 b. 6. d. 18

Description : As per the case study of the CUSUM technique energy consumption and the production data were collected for plant over a period of months. a. 20. c. 19 b. 6. d. 18

Last Answer : 18

An energy policy does not include …… a) Target Energy Consumption Reduction b) Time Period for Reduction c) Declaration of top Management Commitment d) Future Production Projection

Description : An energy policy does not include …… a) Target Energy Consumption Reduction b) Time Period for Reduction c) Declaration of top Management Commitment d) Future Production Projection

Last Answer :  Future Production Projection

Poor scattering on trend line of production Vs Energy consumption indicates . a) poor level of control b) good level of control c) both the above d) none of above.

Description : Poor scattering on trend line of production Vs Energy consumption indicates . a) poor level of control b) good level of control c) both the above d) none of above.

Last Answer : poor level  of control

Which of the variable does not contribute to energy consumption? a) Production b) Hours c) Climate d) none of the above

Description : Which of the variable does not contribute to energy consumption? a) Production b) Hours c) Climate d) none of the above

Last Answer : none of the above

One of the following is not the element of energy monitoring & targeting system a) Recording the energy consumption b) comparing the energy consumption C)Controlling the energy consumption d) Reducing the production

Description : One of the following is not the element of energy monitoring & targeting system a) Recording the energy consumption b) comparing the energy consumption C)Controlling the energy consumption d) Reducing the production

Last Answer :  Reducing the production

Energy monitoring and targeting is built on the principle of ― ‖. a)production can be reduced to achieve reduced energy consumption‖ b)Consumption of energy is proportional to production rate‖ c)You cannot manage what you do not measure‖ d)None of the above

Description : Energy monitoring and targeting is built on the principle of ― ‖. a)production can be reduced to achieve reduced energy consumption‖ b)Consumption of energy is proportional to production rate‖ c)You cannot manage what you do not measure‖ d)None of the above

Last Answer : You cannot manage what you do not measure‖

108. is primarily a management technique that uses energy information as a basis to eliminate waste, reduce and control current level of energy use and improve the existing operating procedures. a) Energy monitoring and targeting b) CUSUM c) Specific energy consumption d) Production

Description : 108.is primarily a management technique that uses energy information as a basis to eliminate waste, reduce and control current level of energy use and improve the existing operating procedures. a) Energy monitoring and targeting b) CUSUM c) Specific energy consumption d) Production

Last Answer : Energy monitoring and targeting

106. What type of data is useful to find out the fixed energy consumption? a) SEC Vs production b) SEC Vs Energy c) Production Vs energy d) None

Description : 106.What type of data is useful to find out the fixed energy consumption? a) SEC Vs production b) SEC Vs Energy c) Production Vs energy d) None

Last Answer : Production Vs energy

105. Energy and production data is useful to calculate…… a) Specific Energy Consumption b) Specific Fuel consumption c) Specific Cost d) None

Description : 105. Energy and production data is useful to calculate…… a) Specific Energy Consumption b) Specific Fuel consumption c) Specific Cost d) None

Last Answer : Specific Energy Consumption

103. What is specific energy consumption. a) energy consumption per month b) Energy consumed per unit of production c) energy consumption per year d) none of the above

Description : 103. What is specific energy consumption. a) energy consumption per month b) Energy consumed per unit of production c) energy consumption per year d) none of the above

Last Answer : Energy consumed per unit of production

102. To draw a CUSUM chart following data is required a) Monthly energy consumption& monthly production b) Monthly specific energy consumption and turn over c) Monthly profits and production d) None

Description : 102. To draw a CUSUM chart following data is required a) Monthly energy consumption& monthly production b) Monthly specific energy consumption and turn over c) Monthly profits and production d) None

Last Answer : Monthly energy consumption& monthly production

As per the case study of the CUSUM technique energy consumption and the production data were collected for plant over a period of months. a. 20. c. 19 b. 6. d. 18

Description : 96.As per the case study of the CUSUM technique energy consumption and the production data were collected for plant over a period of months. a. 20. c. 19 b. 6. d. 18

Last Answer : 18

69. Level of production may have an effect on specific energy consumption. State a) True b) False

Description : 69. Level of production may have an effect on specific energy consumption. State a) True b) False

Last Answer : true

68. One of the following is not the element of energy monitoring & targeting system a) Recording the energy consumption b) Comparing the energy consumption c) Controlling the energy consumption d) Reducing the production

Description : 68. One of the following is not the element of energy monitoring & targeting system a) Recording the energy consumption b) Comparing the energy consumption c) Controlling the energy consumption d) Reducing the production

Last Answer : Reducing the production

67. To draw a CUSUM chart following data is required a) Monthly energy consumption& monthly production b) Monthly specific energy consumption and turn over c) Monthly profits and production d) None

Description : 67. To draw a CUSUM chart following data is required a) Monthly energy consumption& monthly production b) Monthly specific energy consumption and turn over c) Monthly profits and production d) None

Last Answer : Monthly energy consumption& monthly production

64. For any company, energy consumption mostly relates to…….. a) Profits b) Inventory c) Production d) All the above

Description : 64. For any company, energy consumption mostly relates to…….. a) Profits b) Inventory c) Production d) All the above

Last Answer : Production

Energy and production data is useful to calculate…… a) Specific Energy Consumption b) Specific Fuel consumption c) Specific Cost d) None

Description : Energy and production data is useful to calculate…… a) Specific Energy Consumption b) Specific Fuel consumption c) Specific Cost d) None

Last Answer : Specific Energy Consumption

Poor scattering on trend line of production Vs Energy consumption indicates ___. a) poor level of control b) good level of control c) both the above d) none of above

Description : Poor scattering on trend line of production Vs Energy consumption indicates ___. a) poor level of control b) good level of control c) both the above d) none of above

Last Answer : poor level of control

Energy monitoring and targeting is built on the principle of ― _____‖ a) ―production can be reduced to achieve reduced energy consumption‖ b) ―Consumption of energy is proportional to production rate‖ c) ―You cannot manage what you do not measure‖ d) None of the above.

Description : Energy monitoring and targeting is built on the principle of ― _____‖ a) ―production can be reduced to achieve reduced energy consumption‖ b) ―Consumption of energy is proportional to production rate‖ c) ―You cannot manage what you do not measure‖ d) None of the above.

Last Answer : You cannot manage what you do not measure

Characteristics Characteristics of services include ervices include which of which of the following? the following? a. Close proximity proximity to the customer customer b. Simultaneous production and consumption Simultaneous production and consumption c. Inability Inability to inventory inventory d. All of the above

Description : Characteristics Characteristics of services include ervices include which of which of the following? the following? a. Close proximity proximity to the customer customer b. Simultaneous production and ... production and consumption c. Inability Inability to inventory inventory d. All of the above

Last Answer : d. All of the above

The energy consumption and production patterns in a chemical plant over a 9 month period is provided in the table below; Month 1 2 3 4 5 6 7 8 9 Production in Tonnes / month 493 297 381 479 585 440 234 239 239 Energy Consumption MWh /month 78.2 75.7 76.3 76.1 78.1 70.7 73.7 64.4 72.1 Estimate the cumulative energy savings at end of the 9th month and give your inference on the result ? ( consider 9 month data for evaluation for predicted energy consumption)

Description : The energy consumption and production patterns in a chemical plant over a 9 month period is provided in  the table below; Month 1 2 3 4 5 6 7 8 9 Production in Tonnes / month 493 ... and give your inference on the  result ? ( consider 9 month data for evaluation for predicted energy consumption)

Last Answer : It is required to use the equations Y= mX + C and  nC + mΣX = ΣY  cΣX + mΣX2 = ΣXY Month X =  Production in  Tonnes /  month Y =Energy  Consumption MWh  /month  X 2 XY 1 493 78.2 ... 73.7 54756 17240.63 8 239 64.4 57121 15402.96 9 239 72.1 57121 17228.98 3387 665.3 1410683 253221

A manufacturing industry plans to improve its energy performance under PAT through implementation of an energy conservation scheme. After implementation, calculate the Plant Energy Performance (PEP) with 2015-16 as the reference year. What is your inference? Given that:  The current year (2016-17 ) Annual Production – 28,750 T ,  Current year (2016-17 ) Annual Energy Consumption– 23,834 MWh,  Reference year (2015-16 ) production - 34,000 T,  Reference year (2015-16 ) Energy consumption - 27,200 MWh.

Description : A manufacturing industry plans to improve its energy performance under PAT through  implementation of an energy conservation scheme. After implementation, calculate the  Plant Energy Performance (PEP) with 2015-16 as the ... 34,000 T,   Reference year (2015-16 ) Energy consumption - 27,200 MWh.

Last Answer : Production factor (PF) = 28750/34000 = 0.846 …………………….1 mark Ref year equivalent energy (RYEE) = Ref Year Energy Use (RYEU) x PF   = 27,200 x 0.846= 23011MWh

In a manufacturing plant, following data are gathered for a given month: Production - 1200 pieces; specific energy consumption - 1000 kWh/piece; variable energy consumption - 950 kWh/piece. The fixed energy consumption of the plant for the month Paper 1 –Set A with Solutions _______________________ Bureau of Energy Efficiency 6 is ------- a) 6,000 kWh b)10,000 kWh c) 12,000 kWh d) 60,000 kWh

Description : In a manufacturing plant, following data are gathered for a given month: Production - 1200 pieces; specific energy consumption - 1000 kWh/piece; variable energy consumption - 950 kWh/piece. The fixed energy consumption of the plant ... ----- a) 6,000 kWh b)10,000 kWh c) 12,000 kWh d) 60,000 kWh

Last Answer : d) 60,000 kWh

. If the actual rate of unemployment exceeds to natural rate of unemployment then: A. Actual output of the economy will fall below its potential B. Production will increase more than potential C. Consumption of goods decreases D. Both (a) and (c) above.

Description : . If the actual rate of unemployment exceeds to natural rate of unemployment then: A. Actual output of the economy will fall below its potential B. Production will increase more than potential C. Consumption of goods decreases D. Both (a) and (c) above.

Last Answer : D. Both

In autarky equilibrium (a) production=consumption. (b) export=import © there is no trade (d) all of the above.

Description : In autarky equilibrium (a) production=consumption. (b) export=import © there is no trade (d) all of the above.

Last Answer : (a) production=consumption.

Gains from trade can be divided into two parts (a) gains from exports and gains from imports. (b) gains from specialization and gains from exchange. © gains from consumption and gains from production. (d) gains from profit and gains from loss.

Description : Gains from trade can be divided into two parts (a) gains from exports and gains from imports. (b) gains from specialization and gains from exchange. © gains from consumption and gains from production. (d) gains from profit and gains from loss.

Last Answer : (b) gains from specialization and gains from exchange.

Which is appropriate description of Average Costs? a) The value of opportunities which have been lost by utilizing resources in particular service or health technology. b) The total costs (i.e. all the costs incurred in the delivery of a service) of a health care system divided by the units of production. c) Independent of the number of units of production and include heating, lighting and fixed staffing costs. d) The cost of the consumption of medicines is a good example of variable costs.

Description : Which is appropriate description of Average Costs? a) The value of opportunities which have been lost by utilizing resources in particular service or health technology. b) The total costs (i.e. all the ... costs. d) The cost of the consumption of medicines is a good example of variable costs.

Last Answer : b) The total costs (i.e. all the costs incurred in the delivery of a service) of a health care system divided by the units of production.