Industrial Products Interview Questions and Answers

The labor charges for main items like concrete, shuttering, and reinforcement steel vary depending on factors such as location, project size, and labor rates.

• The labor charges for concrete are typically calculated based on the volume of concrete required and the prevailing labor rates.

• The labor charges for shuttering (formwork) are usually determined based on the area of formwork required and the complexity of the design.

• The labor charges for reinforcement steel installation ...read more

The allowable wastage percentage of a major item varies depending on the industry and project specifications.

• The allowable wastage percentage is typically specified in the project contract or specifications.

• It is important to minimize wastage to control costs and ensure efficient resource utilization.

• The allowable wastage percentage may differ for different major items, such as concrete, steel, or electrical materials.

• For example, in construction projects, the allowable wasta...read more

Deductions in measurements include shrinkage, wastage, breakage, and spillage.

• Shrinkage: Reduction in size or weight of materials during handling or storage.

• Wastage: Loss of materials during the construction process.

• Breakage: Damage to materials during transportation or handling.

• Spillage: Accidental loss of materials due to spills or leaks.

Rolling margin is a financial metric that measures the profitability of a company's operations over a specific period of time.

• Rolling margin is calculated by dividing the operating profit by the net sales and expressing it as a percentage.

• It helps in evaluating the efficiency and profitability of a company's core business activities.

• A higher rolling margin indicates better profitability and operational efficiency.

• For example, if a company has an operating profit of $500,000 a...read more

Earth cutting as per CPWD norms involves following specific guidelines for excavation work.

• CPWD norms specify the depth and width of excavation for different types of soil

• The guidelines also include safety measures to be followed during earth cutting

• Proper disposal of excavated material is also a key aspect of CPWD norms