Hitachi Diploma Trainee Interview Questions and Answers

The grinding process involves using a rotating abrasive wheel to remove material from a workpiece.

• Grinding is a machining process that uses an abrasive wheel to remove material from a workpiece.

• The workpiece is held in place while the grinding wheel rotates at high speed, making contact with the material and removing small chips.

• Different types of grinding processes include surface grinding, cylindrical grinding, and c...read more

Establish open communication, respect union rules, negotiate fairly, address concerns promptly

• Establish open communication channels with union representatives

• Respect union rules and regulations to maintain a positive relationship

• Negotiate fairly and transparently during contract discussions

• Address any concerns or grievances from unionised manpower promptly and effectively

ABC costing is a method of cost accounting that identifies the activities that drive costs and assigns those costs to products or services.

• ABC costing stands for Activity-Based Costing

• It is used to allocate indirect costs to products or services based on the activities that drive those costs

• It helps in identifying the true cost of a product or service

• Example: A company that produces multiple products can use ABC costin...read more

Variance analysis is a tool used to compare actual results to budgeted or expected results.

• It helps identify areas where actual results differ from expected results

• Formulas used in variance analysis include: variance = actual - budgeted, variance percentage = (variance / budgeted) * 100

• Variance analysis can be used in various areas such as finance, accounting, and operations management

• Example: If a company budgeted $10...read more