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Operations Management

Total questions: 12

Worksheet time: 24mins

Name
Class
Date
1.

In FSN Analysis , S Stands For

a)

Speed Moving

b)

Slow Moving

c)

Store Moving

d)

Several Moving

2.

Macro factors of Material Management is

a)

Lead Time

b)

Inventory Levels

c)

Government Policy

d)

Communication

3.

Which of the Following is the Forecasting technique?

a)

ABC Analysis

b)

Simple Moving Average

c)

PERT

d)

Inventory Control Technique

4.

In Special Purchase System, Zero Stock applies what kind of methodology?

a)

Inventory Control

b)

Material Planning

c)

Lean Manufacturing

d)

Just In Time

5.

In ABC Analysis, Items are classified based on

a)

Consumption/ usage value

b)

Availability of the resource

c)

Value of the item in store

d)

Cost of the item

6.

Which is not the activity of post purchase system?

a)

Follow up Procedure

b)

Receipt

c)

Checking Invoice

d)

Forward Buying

7.

Suppliers Will go for 'Rate Contract ' with

a)

Distributors

b)

Vendors

c)

DGS&D

d)

Suppliers

8.

Procurement is one of the several supply functions involved in

a)

Supply Chain

b)

Logistics

c)

Purchasing

d)

Inventory

9.

In RFP, P Stands for

a)

Purchase

b)

Procurement

c)

Price

d)

Proposal

10.

......is concerned with ensuring that all the activities in store keeping are carried out efficiently and economically

a)

Purchase Management

b)

Material Management

c)

Store Management

d)

Inventory Management

11.

In ABC Analysis , C Class items have Consumption Value of what percentage?

a)

10%

b)

20%

c)

70%

d)

30%

12.

In SDE Analysis , Scarce Items have lead time of

a)

0-2 years

b)

> 1 month

c)

> 6 months

d)

0 to < 6 months