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“Raw Material Incharge based Frequently Asked Questions by expert members with experience as Incharge Raw Material. These questions and answers will help you strengthen your technical skills, prepare for the new job test and quickly revise the concepts”



79 Incharge Raw Material Questions And Answers

61⟩ Tell me what is RMA?

RMA stands for Return Material Authorization; it is a financial and work order tracking used to determine a returned item’s origination. It is often used in a transaction where a customer returns goods to the manufacturer for replacement or repair purpose.

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62⟩ Tell me what is batch production?

Batch production is a manufacturing technique, where components or goods are produced in groups and not in a continuous stream. This methodology is mainly used when similar items are produced together.

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67⟩ Do you know what is benchmarking?

The continuous process of measuring a company's products, services, costs, and practices against those of competitors or organizations that display "best in class" achievements.

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72⟩ Explain the term “factory overhead”?

During the manufacturing process, whatever the cost is incurred during the process is referred as “factory overhead”, excluding the cost of materials and direct labours.

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78⟩ Tell me what is a Disadvantaged Business?

A small business which is owned or controlled by a majority of persons, not limited to members of minority groups, who have been deprived of the opportunity to develop and maintain a competitive position in the economy because of social disadvantages.

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