Direction: Now-a-days, under the (61) system of education, however good it may be, when a young man comes out of the university, there seems to be this (62) in him that the higher the standard of living rises, the less should a man work. Thus, mathematically, higher the standard of living, according to this misconceived notion, the less the (63) ultimately, what? should be the highest standard of living then? (64) work! This leads to an unhealthy (65) among the workers. A typist who types over twenty letters a day asks his (66) how many letters he had typed that day. The latter (67) “ fifteen”. The former thinks, “ Tomorrow I should type only fifteen or even (68). This tendency is quite (69) and may ultimately lead to (70) even one’s family life may be affected adversely due to such tendency.

Direction: Faced with an (51) number and variety of products on the market, managers are finding it more difficult to (52) demand and plan production and orders (53) As a result (54) forecasts are increasing and, along with them, the costs of those errors Many managers today, (55) speed is the (56), have turned to one or another popular production scheduling system. But these tools tackle only part of the problem (57) really needed is a way to (58) forecasts and simultaneously redesign planning processes to (59) the impact of (60) forecasts.