NEW
Font size
WorksheetsProduction and Operations Management
Total questions: 40
Worksheet time: 30mins
Total quality management focuses on
a. Employee
b. Customer
c. Both a and b
d. None
Which is an independent variable of demand?
a. Price
b. Income
c. Nationality
d. Taste and preference
Which provides the base for operational planning?
a. Production planning
b. Resource planning
c. Strategic planning
d. All of above
Which activity in any organization decides all other activities in the production process?
a. Organizing
b. Directing
d. Staffing
c. Planning
Chain of the customer is applicable to -------------
a. Internal customers
b. External customers
c. None of above
d. Both a and b
Which of the following activities is not a direct responsibility of operations management?
a. Developing an operations strategy for the operation
b. Planning and controlling the operations
c. Determining the exact mix of product and services that customers will want
d. Designing the operations products, services and process
Which is irrelevant information for forecasting production data?
a. Past data
b. Experience
c. Trend
d. Income
If the actual demand for a period is 100 units but the forecast demand was 90 units. The forecast error is
10
5
Which of the following is not forecasting techniques?
a. Judgmental
b. Time series
c. Time horizon
d. Associative
In which of the following forecasting, subjective inputs obtained from various sources are analyzed?
a. Judgmental forecast
b. Time series forecast
c. Associative model
d. All of above
Short term regular variation related to the calendar or time of day is known as,
a. Trend
b. Seasonality
c. Cycles
d. Random variation
Which of the following is not an inventory?
a. Raw material
b. Finished goods
c. Consumable tools
d. Machines
The cost of insurance and taxes are included in
a. Cost of ordering
b. Carrying cost
c. Set up cost
d. None of above
Buffer stock is the level of stock
a. Minimum stock below which actual stock should not fall
b. Maximum stock above which actual stock should not go
c. Stock according to requirement
d. Stock which is there in inventory
What are the characteristics to determine inventory levels
a. Lead time
b. Order quantity
c. Reorder point
d. All of above
What should an organization do to maximize the profit
a. Provide high production costs
b. Provide the highest distribution costs
c. Provide the lowest inventory investment
d. Provide little customer service
What does order quantity refer to
a. Maximum quantity
b. Minimum quantity
c. Actual quantity
d. None
Using the principles of ABC inventory analysis to organize a store’s inventory, which of the following types of items would be placed in category B?
a. The items which bring in the highest overall revenue
b. Items which are seasonally strong sellers, but not consistently in high demand
c. Items purchased from suppliers whose names start with the letter B
d. Low-priced items that generate low volumes of sales.
When a company organizes its inventory based on its relative importance, it is using which type of system?
a. Inventory importance system
b. Activity based costing analysis
c. Inventory importance analysis
d. Active based counting system
Just in time aimed at
a. Zero inventory
b. Reduced manpower
c. Over production
d. All of above
Just in time is
a. Single unit production
b. Big lot size production
c. Both a and b
d. None
From the following which is not a type of inventory
a. Raw material
b. Work in process
c. Finished goods
d. Equipment in plan operation
The concept of EOQ is related to
a. Time
b. Quantity
c. Quality
d. Efficiency
Which from the following is not a demand forecasting method?
a. Historical analogy
b. Delphi method
c. Time series
d. Probability
Which from the following is not a quantitative approach of demand forecasting?
a. Simple moving average
b. Weighted moving average
c. Grass-root forecast
d. Exponential smoothing
Forecasting is often used for
a. Inventory
b. Resource
c. Sales
d. Purchase
What is not input from the following?
a. Honesty
b. Manpower
c. Raw material
d. Machinery
Which is the fastest growing economy in the service sector?
a. China
b. America
c. Australia
d. India
If the Annual demand is 40 units, order costs are 20 Rs per order, and carrying costs are 20 Rs per unit, what is the usage in units?
a. 10 units
b. 16 units
c. 40 units
d. 80 units
The reward paid to labor as a factor of production?
a. Rent
b. Wages
c. Profit
d. Interest
Operation management is more applicable in which sector?
a. Service sector
b. Management sector
c. Manufacturing sector
d. Agriculture sector
Which department is responsible for inventory management?
a. Purchase department
b. Production department
c. Storage department
d. Sales department
Effectiveness of the organization is measured in terms of the ------generated by the product.
a. Quality
b. Quantity
c. Value
d. A and C
What is the ultimate effect of inadequate production capacity?
a. Poor planning
b. Poor implementation
c. Poor quality
d. Poor customer delight
Which refers to the assignment of task or work to a facility?
a. Loading
b. Directing
c. Controlling
d. Co-ordinating
This type of maintenance includes preventive maintenance activities that are carried out when the machine is still operational.
a. Working maintenance
b. Preventive maintenance
c. Productive maintenance
d. Running maintenance
Which of the following is the least likely decision to be made by the operation manager?
a. Selection of location and layout
b. Designing jobs of the workplace
c. How to use quality technique to reduce waste
d. How much capacity is required to balance demand
A linear equation has the form
a. F= a+bt
b. F=a-bt
c. F=2a+bt
d. F=2a-bt
The first step in time series analysis is
a. Draw data on graph
b. Do preliminary regression calculation
c. Calculate moving average
d. Identify correlated variables
The objective of supply chain management is/are
a. Reduce distribution cost
b. Make product available in the market
c. Balancing supply and demand
d. B and C both
e. A, B and C
