meo786
Welcome to meo786
Please Log In and Enjoy with us. I hope you will find more "Fun With Mobile, Computer & Management"

Thanks.

Muhammad Afzal Meo
+092 333 497 62 77

Join the forum, it's quick and easy

meo786
Welcome to meo786
Please Log In and Enjoy with us. I hope you will find more "Fun With Mobile, Computer & Management"

Thanks.

Muhammad Afzal Meo
+092 333 497 62 77
meo786
Would you like to react to this message? Create an account in a few clicks or log in to continue.

All Quiz MGT613

Go down

All Quiz MGT613 Empty All Quiz MGT613

Post by Admin Mon Jun 07, 2010 9:25 am

Choose the most appropriate
answers in each of the following questions:



1.
All of the following are the major factors affecting design strategy
except:


·
Cost


·
Market


·
Time-to-market


·
Revenue


2.
All of the following are the primary reasons for design process except:


·
Economic


·
Social and demographic


·
Political, liability, or legal


·
Personal


3.
______ refers to a manufacturer being liable for an injury or damage
caused by a faulty product.


·
Product liability


·
Manufacturer’s liability


·
Organizational liability


·
All of the given options


4.
_________ is the postponement tactic.


·
Product differentiation


·
Delayed differentiation


·
Service differentiation


·
All of the given options


5.
The situation in which a product, part or system does not perform as
intended is referred to as:


·
Reliability


·
Durability


·
Failure


·
Maturity


6.
DFA stands for:


·
Design for Assurance


·
Design for Accuracy


·
Design for Authenticity


·
Design for Assembly


7.
Taguchi approach helps in determining:


·
Controllable factors only


·
Un -controllable factors only


·
Both controllable factors and un -controllable factors


·
None of the given options


8.
________ is the bringing together of engineering, design and
manufacturing personnel together early in the design phase.


·
Robust design


·
Concurrent engineering


·
Canabalization


·
Design for Manufacturing (DFM)


9.
Reliability can be measured effectively by using:


·
Probability


·
Durability


·
Failure


·
Forecasting


10. _____________ determines
the best possible outcome.


·
Maximum


·
Minimax


·
Maximax


·
Laplace


11. Decision tree is
analyzed from:


·
Left to right


·
Right to left


·
Any side


·
All of the above


12. Judgmental forecasts include
all of the following except:


·
Executive opinion


· Consumer surveys


· Delphi method


· Regression analysis


13. In order to design a new product
or service, an organization takes into account:


· External factors


· Internal factors


· a & b


· Economic, social and demographic
conditions


14. FDA, OSHA and CRS resolve:




·
Legal issues


·
Political issues


·
Ethical issues


·
Environmental issues


15. Design that results in products
or services that can function over a broad range of conditions is called:


·
Computer Aided Design


·
Robust design


·
Design for remanufacturing


·
Modular design








16. Which of the following is wrong
with respect to Naïve forecast?


·
Quick and easy to prepare


· Provides high accuracy


· Simple to use


· Can be a standard for accuracy


17. Steps in CPFR include all of
the following
except:



·
Creation of a front end partnership agreement


·
Sharing forecast


·
Inventory replenishment


·
Development of supply forecasts


18. Identify the right sequence in
product or service life cycle.


·
Introduction, Maturity, Growth, Decline, Saturation


·
Introduction, Growth, Maturity, Saturation, Decline


·
Introduction, Growth, Saturation, Maturity, Decline


·
Introduction, Saturation, Growth, Maturity, Decline


19. In the absence of enough time,
________ forecasts are preferred.


·
Qualitative


·
Quantitative


·
Naïve forecasts


·
None of the given options


20. ___________ are based on
samples taken from potential customers.


·
Executive opinion


·
Consumer surveys


·
Delphi method


·
All of the given options





Which of the following approaches favors adopting a “go for
it” strategy?



►Maximin


►Maximax


►Minimax regret


►Laplace








Question No:
13 ( Marks: 1 ) - Please choose one



Possible
future demand


Low (Rs.)

High
(Rs.)


10,000

8,000

12,000

20,000

18,000

15,000


Given the table:


Alternatives Small facility Medium facilit Large facility


Which one of
the following is the correct payoff under MAXIMAX approach?



Rs. 10,000



Rs. 18,000



Rs. 20,000



Rs. 32,000








Which one of the following is NOT a step of decision making
process?



►Develop alternatives


►Monitor results


Consider risk
averseness strategies



►Specify criteria for
decision












Which one of the following statement is TRUE about
cost-volume relationship?



It represents the relationship between cost, revenue
and volume of output.



►It represents the relationship between cost and volume of
output.



►It represents the relationship between cost and revenue.


►It represents the relationship between inputs, cost and
volume of output.




Which one of the following formulae can be used to
compute break even point?



►Q = VC / (R - VC)


Q = FC / (R - VC)


►Q = VC / (R + FC)


►Q = FC / (R + VC)











Which of the following statements is TURE about production
system?

A user of resources to
transform inputs into some desired outputs ??





Enhancing
value added services


Only
desired output in the form of products or manufactured goods


Making
efficient use of Internet technology





The role of a -------------- manager is to sustain, protect,
and project the company’s operations side.


Project Manager

Operations Manager




Finance
Manager


Marketing
Manager





Which of the following ensures that the design meets the
performance characteristics that are specified in the product concept?

Functional design ??




Production
design


Service
design


Product
design





Which method of forecasting is the most widely used?

Regression analysis ??




Adaptive
forecasting


Weighted
moving average


Exponential
smoothing





Manufacturability is the ease of fabrication and/or assembly
which is important for:


Cost and Productivity


Productivity and
Quality


Cost and Quality


Cost, productivity and Quality ??











Which one of the following is an implication of laplace
approach of decision making?


The best of the worst possible payoff


The best possible payoff

The best average payoff




The least of the worst regrets





Which of the
following functions of an organization
consists of all activities directly


related to production of a good or service?


Select correct option:

Operations




Marketing


Accounting


Finance





The pioneers of transforming management to scientific domain
are:


Fredrick Taylor


Lillian and Frank Gilbreths


Henry Fayol

Both A & B ??







Group Consensus relates to which of the following judgmental
forecasting technique?


Sales force


Consumer surveys

Delphi method ??




Executive opinions





Techniques having numerical data include which of the
following?


Subjective inputs


Qualitative technique
??

Quantitative technique ???




Delphi method





Which of the following forecasting techniques induce
personal bias in a forecast?

Qualitative
??





Quantitative


Associative


Trend forecast





Which of the following forecasting technique is used when
introducing new products, services, new features and new packaging?


Quantitative technique


Associative model


Focus group


Judgmental forecast ??








Which one of the following forecasting techniques use
subjective inputs su from consumer surveys, sales staff, managers and experts?



►Time series


►Quantitative


►Judgmental


►Associative











Which one of the following management functions is based on
forecasting?

Planning ??




Organizing


Leading


Controlling





Question # 6 of 15 (
Start time: 05:28:12 PM ) Total Marks:
1


Which one of the following is NOT a key internal factor in
formulating operations strategy?

Competition ??




Financial
resources


Human
resources


Products
and services





Question # 13 of 15
( Start time: 05:33:48 PM ) Total Marks:
1


Which one of the following factors provides a basis for
comparing alternative forecasting techniques?


Select correct option:


Time
dimension ??


Reliability
factor


Degree of
accuracy


Measuring
units











Which of the following factors are
considered in product and service design?

Customer satisfaction, quality, and improvement costs
Employee motivation, quality, and production costs
Customer satisfaction, flexibility, and production costs
*
**Customer satisfaction, quality,
and production costs***

**






Which one of the following refers to using
some of the components of old products in the manufacturing of new products?

Manufacturability
*
**Remanufacturing***
Robust design
Automation









Which one of the following is NOT the input in the
transformation process?


Informations


Services

Facilities




Materials





Characteristics like taste, feel, expertise, image or reputation
relates to -----------.


Subjective inputs


Objective inputs


Quantitative technique


None of the given options





Materials, land, energy and human and capital resources are
the examples of:

Inputs




Transformation


Outputs


Productivity





Following are all examples of distinctive competencies
EXCEPT;


Price


Quality


Planning ??


Flexibility





Which one of the following formulae can be used to compute
value?


(Quality + Speed – Flexibility) /
Cost


(Quality + Speed+ Flexibility) /
Cost ??



(Quality + Speed - Cost) /
Flexibility


(Quality + Speed+ Cost) / Flexibility





Within the operations function, which one of the following
is a long-term management decision?


Control decision


Non-operational decision


Strategic decision ???


Tactical decision





Which one of the following reasons account for using moving
average in forecasting?


It eliminates the trend


It smoothes the random fluctuations


It counteracts the seasonal
variations


It approximates the period average ??











Which of the following statement is NOT correct with respect
to models in operations management?


Models are easy to use, less expensive


Models have specific objectives

Models don’t have the standardized format ??




Models enables “what if” questions





The major business functions consisting of research and
development, product design, manufacturing, marketing, distribution, and
customer service refer to:


The transformation process


Value chain ??


Life cycle


Quality control








An organization has described its distinctive
characteristics. So, what is the next step in formulating the strategy?


Productivity Measures


Environmental scanning


Selecting the market segment


Competitor’s distinctiveness








The role of
a -------------- manager
is to sustain, protect, and
project the company’s



operations side.


Project Manager


Operations Manager


Finance Manager


Marketing Manager





Which ONE of the
following forms a bridge between
two islands of Engineering and


Management?


Production Engineering


Operations
Management



Industrial Management


Operations Engineering





The forecasting model that attempts to predict the future
value based on the past data is


known as:


Delphi Method


Time series
Analysis



Associative Models


Naïve Forecasting





Which one of the following
forecasting techniques is used to identify a trend when data


is neither growing nor declining rapidly and has no seasonal
characteristics.


Simple moving average ??


Delphi method


Trend adjusted forecast


Naïve forecast





How
organizations assure that
the designed strategy is
giving the required output
or


results?


Increase in demand of the product


By measuring the
productivity ??



Environmental scanning


Raw materials are effectively used





Services differ from manufacturing in all the following ways
EXCEPT:


Customers typically interact directly with the service
delivery process


Consumption and production take place simultaneously.


Services are intangible. ???


Services can be
stored??






Which one the following formula or function can be used to
measure the performance?


Flexibility + profit+ operations


Work + profit + value


Quality + speed +
flexibility ??



Profit + Incentives + standards





Which one of the
following is a measure of productivity that involves measuring inputs


and outputs using a common unit of measurement?

Multifactor ??




Partial


Single


Total





Within the operations function, which one of the following is a long-term management


decision?


Control decision


Non-operational decision


Strategic decision


Tactical decision





Which one of the following forms of productivity has units
of output per dollar input?


Capital


Energy


Labor


Machine





Organizational strategy is different from operations
strategy because it is;


Prepared by middle managers


Narrower in scope


Longer in time
horizon



All of the above





Which of the
following influences on the sales of
a product is
the most difficult to


forecast?


Seasonal


Trend


Nonlinear trend


Cyclical





A tool to measure effective use of resources and usually expressed as the ratio of output to input
is known as;


Production ratio


Productivity


Reliability


Operations ratio





Which of the following favors adopting a “go for it”
strategy?


Maximin


Maximax


Minimax regret


Laplace





Which one of
the following refers
to a decision environment in
which relevant


parameters have known values?


Certainty


Uncertainty


Risk


Bounded rationality





Which one of the following is NOT used for decision making
under uncertainty?


Maximax


Mmaximin


Mminimax regret


EMV criterion





Which of the following statements corresponds to an
order-winning characteristic?


A factor which may be significant in other parts of the
organization


A factor which gives an organization a competitive
edge ??



A factor which serves as a minimum standard for purchase


A factor which increases the profitability of the
organization





Which of the following is referred to as plans for achieving
goals?


Tactics


Strategies


Policies

Mission ??










Which of the following is not an attribute to classify
services?


Tangibility


Perishability ???


Simultaneity


Degree of Customer
Contact





As a manager, you have defined the purpose of the forecasts.
What should be the next step in forecasting process?


Collecting and
analyzing the appropriate data


Determining the
purpose of the forecast


Choosing a
forecasting technique


Setting up a time horizon or a time
limit






Forecasting accuracy has_______ relation with time
horizon.


Inverse


Linear


Direct


Parallel





______________ is a wave like variations of more than one
year’s duration.


Cycle


Trend


Seasonality


Random
variation ??





Which of the following provide guidance and directions for
carrying out operations?


Tactics


Strategies ??


Policies


Mission ???








Robustness of a product is _____________ related with the probability
of failure.


Directly

Inversely




Linearly


Positively








Organizational strategies relate to which of the following
sets of factors?

Survival, profitability, growth rate and market share ??




Profitability,
survival, lead times and target market


Quality, operating
resources, growth rate and market share


Scheduling,
profitability, lead times and survival





Which one of the following is used to generate consensus
forecast?

Delphi method ???




Time series method


Exponential
smoothing


Associative model








Which one of the following forecasting technique is based
on historical data?



►Judgmental


►Associative


Time series


Qualitative





Which one of the following layout types is associated with
car assembly?



►Fixed position layout


►Process layout


Product layout


►Hybrid layout











In which one of the following decision environments it is
impossible to assess the likelihood of various future events?


Certainty


Uncertainty

Risk ??




Bounded
rationality





Which one of the following refers to a decision environment
in which relevant parameters have known values?


Certainty ??


Uncertainty


Risk


Bounded rationality





To make operations strategy effective it should be:


Independent of the organization’s strategy


Consistent with the organization’s strategy


Developed by a first
line manager


Independent of time
dimension





All of the following are steps in forecasting process
EXCEPT:


Determine the purpose of the forecast


Establish a time
horizon


Assigning weights to the criteria


Monitor the forecast






Which one of the
following is a pessimistic approach in decision making theory?


Maximin


Maximax


Minimax regret


Laplace





All of the following are examples of transformation process
EXCEPT:


Cutting ??


Packing

Facilitating




Labeling





All of the following are examples of Qualitative forecasting
except:


Judgmental


Delphi Method

Consumer Survey ??




Naïve Forecasting





Which one of the following layout type is also called line
layout?


Fixed Position layout


Process layout


Product layout

Cellular
layout ??








Which of the following is NOT considered while calculating
the safety stock level?


Order level


Stock-out cost

Holding
cost ??





Demand variation





A digital camera assured to work accurately up to the
specified period of time is an example of which of the following?

Reliability
??





Durability


Safety


Aesthetics





The industrial revolution came into;


1770 ??


1920


1911


1815


Which of the following is the cost of holding inventory for
some specific time?


Ordering cost

Carrying
cost ??





Shrinkage cost


Inventory cost





Which one of the following is NOT a key external factor in
formulating operations strategy?


Economic conditions

Human
resources ??





Political conditions


Legal environment







MGT613 New Quiz







Which one of the following is NOT a business
application of forecasting?



Budgeting


Capacity planning


Inventory management


Quality
control






Which one of the following is used to
generate consensus forecast?



Delphi method


Time series method


Exponential smoothing


Associative model





What would be the output capacity if an
assembly line operates for 7 hours per day with a cycle time of 2.0 minutes?



210 units per day


3.5
units per day



0.004 units per day


14 units per day





Question # 6 of 10 ( Start time: 08:27:53 PM
) Total Marks: 1



For which of the following approaches, the
forecast of any period equals the previous period’s forecast?



Delphi method


Naïve
forecast



Associative model


Judgmental forecast





In _________ sampling, one random sample is
drawn from each lot



Single


Double


Multiple


None of the above





Which one of the following is a measure of
productivity that involves measuring inputs and outputs using a common unit of
measurement?



Multifactor


Partial


Single


Total





Question # 3 of 10 ( Start time: 08:22:35 PM
) Total Marks: 1



Which one of the following refers to the
volume of output at which total cost equals total revenue?



Optimal operating rate


Break
even point



Feasible volume


Utilization





Question # 2 of 10 ( Start time: 08:21:11 PM
) Total Marks: 1



Generally an Operations Manager should NOT
inspect the process for defects_________.



Before the supply of finished goods


Before a costly operation


Before manufacturing high volume
products



Before
purchasing raw material






Question # 1 of 10 ( Start time: 08:19:46 PM
) Total Marks: 1



Which one of the following location
strategies follows a decentralized approach?



Product plant strategy


Process plant strategy


Market
area plant strategy



Cost conservation strategy

Admin
Administrator

Number of posts : 8137
Age : 50
Location : Sharqi Abadi Mustafabad Kasur
Job/hobbies : Do more for other
Mode (i.e. cool, angry etc) : Serious
Warining :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Rate by Admin :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Reputation : 22
Registration date : 2007-10-23

https://meo786.forumotion.com

Back to top Go down

All Quiz MGT613 Empty Re: All Quiz MGT613

Post by Admin Mon Jun 07, 2010 9:26 am

MGT613_Online_Solved_Quiz_4





1.
Which of the following activities is unnecessary ,when an organization decides
to design its new product or service or refine its existing product or service:


a
Translate customer wants and needs into product and service requirements


b
Refine existing products and services


c
Develop new products and services


d
Manage the purchasing activities religiously and diligently.






2.
While focusing on capacity planning, organizations look for which of the
following alternatives.


a.
How much will it cost



b.
How much holidays the workers can enjoy.


c.
How much compensation they need to pay to their CEO.


d.
None of the above





3.
Which of the following is not one of the assumptions for Cost Volume
Analysis


a.
One product is not involved



b.
Everything produced can be sold


c.
Variable cost per unit is the same regardless of volume


d.
Fixed costs do not change with volume








4.
Which of the following does not fall under Economic Production Quantity
( EPQ)


a.
Only two or more item are involved



b.
Annual demand is known


c.
Usage rate is constant


d.
Usage occurs continually





5.
Advantages of Process Layout Include


a. Equipment used is
less costly



b.
Low unit cost.


c.
Labor specialization.


d.
Low material handling cost





6.
Common types of Operations include


a.
Continuous Processing.


b.
Intermittent Processing.


c.
Automation


d.
All of the above






7.
System performance is measured by


a.
Average number of customers being refused service


b.
Average time customers wait


c.
System utilization


d. b and c.


8.
Inventory carrying costs are influenced by:


a.
Order Quantity in Units


b.
Holding carrying cost per unit.


c.
Demand


d. a and b only.





9.
Bar coding helps in determining the :


a.
Status of the inventory of an item in warehouse


b.
Price of the product


c.
Size of the lot as well as the size and specifications of the product


d. All of the above





10.
Therbligs are basic elemental motions which include:


a.
Search


b.
Select


c.
Throw


d.
a and b only









MGT613_Online_Solved_Quiz_5






  1. -------------------- is the
    maximum output rate or service capacity an operation, process or facility.

    1. Efficiency
    2. Effective Capacity
    3. Design Capacity

  2. -------------- is the rate of
    output actually achieved.

    1. Actual Output
    2. Design Capacity
    3. Utilization

  3. A knowledge of economies and
    diseconomies of scale is -----------

    1. Important for
      operations manager

    2. Not Important for
      operations manager
    3. It makes no difference

  4. If the output rate is less
    than the optimal level, increasing output rate results in
    -------------------- average unit cost

    1. Increasing
    2. Decreasing
    3. Stabilizing

  5. As the output is increased,
    the unit cost is decreased because

    1. Of external factors
    2. Because there are
      more units to absorb the fixed costs

    3. None of the above

  6. as the general capacity of
    the plant increased, the optimal output rate increases and the minimal
    cost for the optimal rate

    1. Decreases
    2. Increases
    3. It has no effect with
      the output rate

  7. The primary purpose of cost-
    volume analysis is

    1. To estimate the
      income of an organization

    2. To analyze initial
      costs incurred under different operating conditions
    3. Both A and B

  8. variable costs vary
    ---------------- with volume of output

    1. Inversely
    2. Directly

  9. -------------- refers to the
    way, an organization chooses to produce its goods or services

    1. Process selection
    2. Capacity planning
    3. Cost volume analysis

  10. Ice cream is an example of

    1. Batch processing
    2. Job shop
    3. Repetitive processing





MGT613_Online_Solved_Quiz_6


1. Which of the following
forecasting techniques generates trend forecasts?


a.
Delphi method


b.
Moving averages


c.
Single exponential smoothing


d. N


e. aïve forecast


2. Which of the following smoothing
constants would make an exponential smoothing forecast equivalent to a naive
forecast?


a.
0


b.
0.01


c.
0.5


d. 1.0


3. The temperature on Tuesday was
80 degrees, on Wednesday it was 82 degrees, on Thursday it was 78 degrees. A
naive forecast for the temperature on Friday would be:


a. 78 degrees


b.
80 degrees


c.
82 degrees


d.
84 degrees


4. A design that focuses on
reducing the number of parts in a product and on assembly methods and sequence
is known as:


a.
Design for manufacturing


b.
Design for recycling


c. Design for assembly


d.
Design for disassembly


5. DFM stands for:


a.
Design for Maintenance


b. Design for Manufacturing


c.
Design for Management


d.
Design for Manpower


6. As the number of components in a
series increases, the reliability of the system:


a.
Increases


b. Decreases


c.
Remains the same


d.
Becomes zero


7. The purpose of ________ is to
arrive at a consensus forecast.


a.
Naïve forecast


b.
Associative models


c.
Time series forecast


d. Delphi method


8. A system is composed of
components A, B, C and D. The overall reliability of the system is a measure of
the reliability of the individual components. Listed below are a few ways to
improve reliability of the system:


1.
Improve component design


2.
Improve testing


3.
Use backup components


4.
Improve strategy formulation


5.
Quality assurance


Which of the following combinations
would be the best to improve reliability of the system?


a.
1,2, 5


b. 1,2,3


c.
1,4,5


d.
3,4,5


9. As time horizon increases,
forecast accuracy:


a.
Increases


b. Decreases


c.
Levels off


d.
Becomes zero


10. If demand of a product ‘A’ is
30 units, 45 units and 75 units in week 1, 2 and 3 respectively, the demand for
week 4 according to moving average method would be:


a.
105 units


b.
75 units


c.
40 units


d. 50 units







MGT613_Online_Solved_Quiz_7






1. Who introduced the use ofstatistical control charts for
monitoring production?


a)
G.S. Radford


b)
Walter Shewhart


c)
Frederick Taylor


d)
Kaoru Ishikawa


2.
Which of the following quality gurus advocated the “cost of quality”
concept?


a)
Edwards. Deming


b)
Joseph Juran


c)
Kaoru Ishikawa


d)
Philip Crosby


3.
If you go to dine out at McDonalds and you observe a very cool and
pleasant atmosphere over there. It depicts which of the following dimensions of
quality?


a)
Performance


b)
Aesthetics


c)
Reliability


d)
Conformance


4.
Mr. Ali purchased a TV set. After a period of a year, the picture
quality started deteriorating. He went to the company and complained. The
company responded subsequently. Which of the following dimensions of quality
would come into play?


a)
Reliability


b)
Conformance


c) Serviceability


d)
Aesthetics


5.
Which of the following reflects the meaning of the word “Poka –Yoke”?


a) Mistake proof


b)
Low quality


c)
Defective


d)
Expensive


6.
Which one of the following denotes QFD?


a)
Quality Function Development


b)
Quality Foundation Development


c)
Quality Foundation Deployment


d) Quality Function Deployment


7.
Which of the following terms best defines the nature of Total Quality
Management?


a)
An art


b) A philosophy


c)
A science


d)
A social activity


8. Which of the following
terms reflects Japanese view of continuous improvement?


a) Kaizen


b)
Poka-yoke


c)
Six sigma


d)
Control limits


9. Which of the following is NOT
an element of TQM?


a)
Leadership


b)
Perceived quality


c)
Employee empowerment


d)
Customer focus


10.
Which of the following is an example of appraisal cost?


a)
Rework costs


b)
Returned goods


c) Testing labs


d)
Quality improvement programs


11. Warranty cost is an example of
which of the following?


a)
Internal failure cost


b) External failure cost


c)
Prevention cost


d)
Appraisal cost


12. Refer to the stage of PDCA (Plan,
Do, Check, Act) cycle that involves evaluating the improvement plan.


a)
Plan


b)
Do


c) Check


d)
Act


13. Which of the following refers to
a continuous measurement of an organization’s products and processes against a
company recognized as a leader in that industry?


a) Benchmarking


b)
Gap analysis


c)
Statistical process control


d)
Continuous improvement


14.
Which of the following is the focus of statistical process control?


a)
Determining the efficiency of an operations system


b)
Measuring the amount of re-work required to rectify faulty goods


c)
Identifying the security needs of an operations system


d) Measuring and controlling process
variations



15. Which of the following is a
measure of how closely a product or service meets the specifications?


a) Quality of Conformance


b)
Continuous improvement


c)
Competitive benchmarking


d)
Statistical process control










MGT613_Online_Solved_Quiz_8

1.Who advocated the concept of “zero defects”?


  • Edwards. Deming
  • Joseph Juran
  • Kaoru Ishikawa
  • Philip Crosby


2.Which of the following is the origin of the term “Poka –Yoke”?


§ America


§ China


§ Spain


§ Japan

3.Which of the following is INCORRECT about TQM?


  • Meeting the needs and
    expectations of customers
  • Primarily a “worker”
    rather than a management activity

  • Inclusion of every person in
    the organization
  • Covering all the functional
    areas of the organization


4. Which of the following is a unit of measurement as specified in Six Sigma
quality?


§ Defects
per hundred


§ Defects
per thousand


§ Defects
per hundred thousand


§ Defects
per million


5. Which of the following is a descriptive technique that is used by a
decision maker to evaluate the behavior of a model under various conditions?


  • Linear programming
  • Simulation
  • Critical path method
  • PERT


6. EF stands for which of the following?


  • Equal Finish
  • Economic Finish
  • Early Finish
  • Easy Finish


7.Which of the following refers to unnecessary extension of the
project scope that hinders in-time completion of the project?


  • Work creep
  • Plan creep
  • Scope creep
  • Budget creep


8.Which of the following relates to
monitoring the objectives of cost, time and quality as the project progresses?



  • Project
    estimating
  • Project
    planning
  • Project control
  • Project crashing






9. Which one the following is focused to reduce
the incidence of failures in the plant or equipment to avoid the associated
costs?


  • Preventive maintenance
  • Predictive maintenance
  • Reactive maintenance
  • Total productive
    maintenance


10. Which of the following refers to the length of time a job is in the
shop at a particular workstation?


  • Job lateness
  • Job flow time
  • Make-span
  • Slack time



Which of the following forecasting
techniques induce personal bias in a forecast?


Select correct option:








Qualitative





Quantitative





Associative





Trend forecast








Question # 3 of 15 ( Start time:
04:45:55 PM ) Total Marks: 1


Which of the following is NOT an
attribute to classify services?


Select correct option:








Tangibility





Perishability





Simultaneity





Degree of customer contact








Which of the following forecasting
technique is used when introducing new products, services, new features and new
packaging?


Select correct option:








Quantitative technique





Associative model





Focus group





Judgmental forecast





Question # 5 of 15 ( Start time: 04:48:33
PM ) Total Marks: 1


Services differ from manufacturing
in all the following ways EXCEPT:


Select correct option:








Customers typically interact
directly with the service delivery process





Consumption and production take
place simultaneously.





Services are intangible.





Services can be stored





Question # 6 of 15 ( Start time:
04:49:04 PM ) Total Marks: 1


Organizational strategy is
different from operations strategy because it is;


Select correct option:








Prepared by middle managers





Narrower in scope





Longer in time horizon





All of the above














MC080404783 : Saqib Adnan











Quiz Start Time: 04:44 PM
Time Left
21


sec(s)








Question # 7 of 15 ( Start time:
04:49:35 PM ) Total Marks: 1


The major business functions
consisting of research and development, product design, manufacturing,
marketing, distribution, and customer service refer to:


Select correct option:








The transformation process





Value chain





Life cycle





Quality control





Which one of the following refers
to a decision environment in which relevant parameters have known values?


Select correct option:








Certainty





Uncertainty





Risk





Bounded rationality








Question # 10 of 15 ( Start time:
04:51:42 PM )
Total Marks: 1


Which one the following formula or
function can be used to measure the performance?


Select correct option:








Flexibility + profit+ operations





Work + profit + value





Quality + speed + flexibility





Profit + Incentives + standards








Question # 11 of 15 ( Start time:
04:52:04 PM )
Total Marks: 1


All of the following are examples
of Qualitative forecasting except:


Select correct option:








Judgmental





Delphi Method





Consumer Survey





Naïve Forecasting








Characteristics like taste, feel, expertise, image or
reputation relates to -----------.


Subjective inputs


Objective inputs


Quantitative
technique


None of the given
options


Which of the following statements describes an
order-qualifier characteristic?


A competitive dimension used to make final decision among
competitors


A factor which
directly and significantly contribute to winning business


A factor which
increases the profitability of the organization


A factor perceived
as a minimum standard as a potential for purchase

















Question # 13 of 15 ( Start time:
04:53:43 PM )
Total Marks: 1


Materials, land, energy and human
and capital resources are the examples of:


Select correct option:








Inputs





Transformation





Outputs





Productivity





S


Question # 14 of 15 ( Start time:
04:54:56 PM )
Total Marks: 1


Forecasts help managers by reducing
the degree of:


Select correct option:








Accuracy





Precision





Uncertainty





Reliability








Question # 15 of 15 ( Start time:
04:56:27 PM )
Total Marks: 1


Which of the following is not an
attribute to classify services?


Select correct option:








Tangibility





Perishability





Simultaneity





Degree of Customer Contact


















































Question # 1 of 15 ( Start time:
05:09:23 PM ) Total Marks: 1


Techniques having numerical data
include which of the following?


Select correct option:








Subjective inputs





Qualitative technique





Quantitative technique





Delphi method





All of the following are examples
of transformation process EXCEPT:


Select correct option:








Cutting





Packing





Facilitating





Labeling











Question # 8 of 15 ( Start time:
05:16:06 PM ) Total Marks: 1


A tool to measure effective use of
resources and usually expressed as the ratio of output to input is known as;


Select correct option:








Production ratio





Productivity





Reliability





Operations ratio








Question # 9 of 15 ( Start time:
05:16:46 PM ) Total Marks: 1


Following are all examples of
distinctive competencies EXCEPT;


Select correct option:








Price





Quality





Planning





Flexibility











MC080407816 : Mudassar Mehdi











Quiz Start Time: 05:09 PM
Time Left
85


sec(s)








Which one of the following is NOT
used for decision making under uncertainty?


Select correct option:








Maximax





Mmaximin





Mminimax regret





EMV criterion



































Usman














Question # 1 of 15 ( Start time:
05:23:32 PM ) Total Marks: 1


Which one of the following formulae
can be used to compute value?


Select correct option:








(Quality + Speed – Flexibility) /
Cost





(Quality + Speed+ Flexibility) /
Cost





(Quality + Speed - Cost) /
Flexibility





(Quality + Speed+ Cost) /
Flexibility





Techniques having numerical data
include which of the following?


Select correct option:








Subjective inputs





Qualitative technique





Quantitative technique





Delphi method





Which one of the following factors makes a forecast
LESS perfect?


Randomness


Non serious attitude



Non availability of
data


Un qualified personnel








Within the operations function,
which one of the following is a long-term management decision?


Select correct option:








Control decision





Non-operational decision





Strategic decision





Tactical decision





Which one of the following is NOT a
business application of forecasting?


Select correct option:








Budgeting





Capacity planning





Inventory management





Quality control








Which one of the following
forecasts is quick and easy to prepare?


Select correct option:








Time series





Delphi





Naïve





Associative

Admin
Administrator

Number of posts : 8137
Age : 50
Location : Sharqi Abadi Mustafabad Kasur
Job/hobbies : Do more for other
Mode (i.e. cool, angry etc) : Serious
Warining :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Rate by Admin :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Reputation : 22
Registration date : 2007-10-23

https://meo786.forumotion.com

Back to top Go down

All Quiz MGT613 Empty Re: All Quiz MGT613

Post by Admin Mon Jun 07, 2010 9:27 am

MC080401783 : Usman Aslam











Quiz Start Time: 05:23 PM
Time Left
49


sec(s)








Question # 15 of 15 ( Start time:
05:34:41 PM )
Total Marks: 1


Which one of the following reasons
account for using moving average in forecasting?


Select correct option:








It eliminates the trend





It smoothes the random fluctuations





It counteracts the seasonal
variations





It approximates the period average

















Which one of the following correctly
represents a set of time series forecats?


Select correct option:








Averaging, cycle, seasonality,
random variations





Trend, seasonality, exponential
smoothing





Trend, cycle, seasonality, moving
average





Trend, cycle, seasonality, random
variations





Saving...














MC080408450 : Syed Muhammad Wajihul
Hassan











Quiz Start Time: 05:39 PM
Time Left
80


sec(s)








Question # 3 of 15 ( Start time:
05:41:35 PM ) Total Marks: 1


Which one of the following is an
implication of laplace approach of decision making?


Select correct option:








The best of the worst possible
payoff





The best possible payoff





The best average payoff





The least of the worst regrets
















Which one of the following layout type is associated with a
supermarket?
Fixed Position layout
Process layout ???
Product layout
Cellular layout

Lot sizing determines the ____ and ____ of order quantity
Timing, date
Date, size
Timing, size ???
Size, price






Which one of the following is TRUE about work sampling?
It describes individual human motions that are used in a job task
It involves determining the length of time it will take to undertake a
particular task ??
It involves determining the amount of time a worker spends on various
activities
??
It providing standard times for micro motions such as reach, move and release















Which of the following mathematical expressions can be used
to compute total annual cost?
(Q/H) 2 + (D/Q) S
(Q/2)S + (D/Q) H
(Q/2) H + (D/Q) S
(Q/2) H - (D/Q) S






Which one of the following mathematical expressions can be
used to compute output capacity?

OT/CT ??




CT/OT


CT+OT


CT-OT





Which one of the following mathematical
expressions can be used to compute availability?

*
**(MTBF)/ (MTBF+MTR)***
(MTBF)/ (MTBF-MTR)
(MTR)/ (MTBF+MTR)
(MTR)/ (MTBF-MTR)






Which one of the following is a curve
showing failure rate over time?

* *
Cost curve
*
**Bath tub curve***
Fish bone diagram
Reliability curve






What would be the availability if a
carpenter is expected to be able to operate for 350 hours between repairs, and
the mean repair time is expected to be 3 hours?

0.99
* **1.0***
3.0
7.03






What would be the availability if a
carpenter is expected to be able to operate for 300 hours between repairs, and
the mean repair time is expected to be 2 hours?* ** *

6.02
*
**2.0***
0.99
0.006


















Demand options are focused on which of the following?
Hiring / layoff options
Backorders ???
Subcontracting
Matching demand period by period






What would be the total cost of inventory if a firm holds
200 units of a product ‘A’,where the carrying cost is Rs. 2 per unit?
Rs. 202 ???
Rs. 100
Rs. 198
Rs. 400 ???






If the final inspector at an automobile paint shop discovers
that the paint on the car has a poor finish, the car may have to be completely
rescinded and repainted. This would result in ________ incurred.
Internal failure cost ???
External failure cost
Appraisal cost
Prevention cost








MGT613 Quiz # 2




Which of the following functions of an
organization consists of all activities directly related to production of a
good or service?



Operations


Marketing


Accounting


Finance





How can you compute the cost of
subcontracting?



Subcontracting
cost per unit – subcontracted quantity ??



Subcontracting cost per unit +
subcontracted quantity



Subcontracting cost per unit × subcontracted
quantity



Subcontracting cost per unit
/subcontracted quantity






Six Sigma is primarily centered towards all of
the following except:



Cost cutting


Continuous
improvement



Time saving


Quality improvement





Which ONE of the following statement correctly
explains the difference between operations management (OM) and operations
research (OR)?



OM relies
on mathematical modeling and OR focus on practical scenarios.



OM is
more powerful to improve the whole system OR relies on mathematical modeling.



OM is relies on practical scenarios and
Or relies on Mathematical modeling.



OM relies
on mathematical modeling and OR is considered to be one of the critical tools
of mangers.






Which one of the following is a productivity
measure based on all inputs?



Capital productivity


Multifactor productivity


Partial productivity


Total
productivity ??






The relationship between quality and
probability of acceptance is:



Linear


Not linear


Directly
proportional ??



Inversely proportional














If a firm subcontracts 300 units of a
product ‘A’, with the subcontracting cost of Rs. 3 per unit. What would be the
total subcontracting cost?



Select correct option:





Rs. 900


Rs. 100


Rs. 297 ??


Rs. 303





Which one of the following formula can be
used to compute break even point?



Q = FC / (R + VC)


Q = VC / (R + FC)


Q = VC / (R - VC)


Q = FC
/ (R - VC)






In statistical process control, some tools
are used primarily to detect production of defective products / services or
process changes. What those tools are known as?



Regression charts


Pareto charts


Control
charts



Histograms










MGT613_Online_Solved_Quiz_2




The goal of Total Quality Management is:


a)
Customer satisfaction



b)
Product differentiation


c)
Brand equity


d)
Acting globally


  • The
    most common form of quality control includes:



a)
Planning


b)
Organizing


c) Inspection


d)
Directing


  • Process
    selection is primarily considered during:



a) Planning


b)
Organizing


c)
Leading


d)
Controlling


  • The
    type of operation being carried out by an organization depends upon:



a)
Degree of standardization


b)
Volume of output


c)
Demand


d) Both (a) and (b)


  • Repetitive
    processing results in output that is:



a)
Highly standardized


b)
Highly customized


c) Partially customized


d)
None of the given options


6. Job shop and batch processing are differentiated on
the basis of:


a)
Job requirements



b)
Degree of standardization


c)
Volume of output


d)
Both (b) and (c)


7. Automation is preferred because it:


a)
Offers lesser dependence on workers


b)
Results in reduction in variable cost


c)
Offers easy handling of repetitive work


d) All of the given
options



8. Product layout is preferably used for:


a)
Repetitive processing



b)
Intermittent processing


c)
Both (a) and (b)


d)
Neither (a) nor (b)


9. Process layout is used for:


a)
Repetitive processing


b)
Intermittent processing



c)
Both (a) and (b)


d)
Neither (a) nor (b)





10. The most significant advantage of U-shaped layout
is:


a)Cost minimization


b)
Easy handling of process


c)Increased flexibility in work


d)
All of the given options


11. The goal of motion study is to achieve:


a)
Cost minimization


b)
Maximum efficiency



c)
Profitability


d)
All of the given options


12. Location decisions are viewed primarily as part of:


a)
Marketing strategy


b)
Growth factors


c)
Financial aspect


d)
Both (a) and (b)



13. Regional factors for location planning include all
of the following except:


a)
Raw materials


b)
Markets


c)
Labor considerations


d)
Attitudes



14. Transportation method is a __________ approach.


a)
Quantitative



b)
Qualitative


c)
Scientific


d)
All of the given options


15. Fredrick Taylor’s concern for quality includes:


a)
Product inspection


b)
Gauging system


c)
Statistical control chart


d)
Both (a) and (b)



16. Kaoru Ishikawa is famous for:


a)
Statistical quality control


b)
Fish bone diagram



c)
Loss function concept


d)
All of the given options


17. Poor quality adversely affects:


a)
Costs


b)
Productivity


c)
Profitability


d)
All of the given options



18._________ is intended to assess a company’s
performance In terms of environmental performance:


a)
ISO 14000



b)
ISO 9000


c)
Six sigma


d)
All of the given options


19. The purpose of ISO 9000 is to:


a)
Promote quality standards to improve efficiency and productivity



b)
Earn high profit


c)
Avoid unfavorable outcomes


d)
Gain high market share


20. A product performing consistently refers to which of
the following dimensions of quality:


a)
Safety


b)
Conformance


c)
Durability


d)
Reliability























MGT613 Quiz # 3




How organizations assure that the designed
strategy is giving the required output or results?



Increase in demand of the product


By measuring the productivity


Environmental scanning


Raw materials are effectively used





G.S.Radford demonstrated the connections
between:



High quality, decreased quality and
higher cost



High quality, increased quality and
higher cost



High quality, decreased quality and
lower cost



High quality, increased quality and
lower cost ??






A gradual, long term upward or downward
movement in data is referred to as:



Cycle


Trend


Seasonality


Random variation





Which of the following denotes EOQ?


Economic
Order Quantity



Equal Order Quantity


Economic Output Quantity


Equal Output Quantity





Generally most of the values in control
charts fall within which range of standard deviation?



+/- 1


+/- 3 ????


+/- 4


+/- 5


___________ is a philosophy of continually
seeking ways to improve operations



Poke – yoke ??


Kaizen


Robustness


Quality deployment





Which of the following location alternative
is suitable to attract more customers for retail business?






To expand the existing facility


To add new locations
while retaining the existing ones ???



To shift to a new location while
shutting down the previous



To do nothing





Which of the following is an advantage of
perpetual inventory system?



Periodic review of inventory ???


Economies in shipping orders


Fixed order quantity


Low cost of record keeping










MGT613 Solved Quiz







Other Quiz # 5





Which of the following is a schedule that
specifies the timing and size of production quantities for product in the
product families?



Master production
scheduling ??



Aggregate plan


Inventory management scheduling


None of the above





Which of the following statements is not
true while comparing Quality Assurance with Strategic Approach?



Strategic Approach
is reactive while Quality Assurance is a proactive approach



Strategic Approach is the superlative form
of Quality Assurance



Quality Assurance places emphasis on finding
and correcting defects before reaching market



Strategic Approach is proactive rather than
reactive






Which of the following is TRUE about a
periodic review?



Ordering inventory to supplier as per
requirement



Ordering inventory at a predetermined
re-order level



Ordering inventory
at a fixed and regular time interval



Ordering inventory when it falls below the
safety stock level






Which one of the following is the first step
in line balancing?



Specify the sequential relationship among
tasks.



Determine the required
cycle time.



Determine the minimum number of
workstations.



Determine the desired output








Technology has impacted the work place by:


Adding to the existing geographical barriers
for recruiting



Increasing the cost of telecommuting


Increasing the amount required to be spent on training ??


Unifying the workforce to a common skill
level






Which stage comes after the “compare” stage
of control process?



Measure


Evaluate ??


Correct


Monitor





Which one of the following is a formula to
compute annual carrying cost?



(Q-2)H


(Q+2)H


(Q/2)H


(Q×2)/H





Which of the following management level is
responsible for long-range capacity planning?



Lower management


Middle management


Top management ??


All the management levels





OSHA stands for: which one of the following?


Occupational
Safety Hygiene Administration



Occupational Stock Hygiene Administration


Occupational Safety Hygiene Agency


Occupational Science Hygiene Administration








Which of the following influences on the sales of a product
is the most difficult to forecast?


Seasonal


Trend


Nonlinear trend

Cyclical







As the size of the smoothing constant increases:


More weight is put on historic demand data.


More weight is put on recent demand data.


The sensitivity of the model decreases.


The stability of the model increases





Which one of the following is an example of
regional factors that affect location decisions?

Transportation
Quality of life
Development support
*
**Location of new markets***






Which one of the following location
strategies is favored by automobile manufacturers?

Product plant strategy
Process plant strategy
*
**Market area plant strategy***
Cost conservation strategy









Which one of the following is an outcome of Maximin
criterion?

The best of the worst possible payoff




The best possible payoff


The best average payoff


The least of the worst regrets





Which one of the following factors makes a forecast LESS
perfect?


Randomness


Non serious attitude


Non availability of data


Un qualified personnel
???





Which one of the following statements relates to the final
stage of product life cycle?


Improved reliability, and reduced quality


Improved
packaging, and reliability



Improved reliability, and reduced production costs


Improved reliability, and reduced promotion costs





Forecasts help managers by reducing the degree of:


Accuracy


Precision


Uncertainty ??


Reliability ??





Which of the following terms are important for financial
analysis?


Cash flow and profit


Cash flow and
present value



Present value and fixed cost


Cash flow and fixed cost





Which one of the following forecasts is quick and easy to
prepare?


Time series


Delphi


Naïve


Associative





Which one of the following is NOT a business application of
forecasting?


Budgeting


Capacity planning


Inventory management


Quality
control ??






Which of the following formulae can be used to determine
number of orders per year?


Q/D


D+Q


D-Q


D/Q





Aggregate plans are updated


Once a year



Twice a year


At project end


Periodically





Which one of the following is a productivity measure based
on all inputs?


Capital
productivity


Multifactor productivity


Partial productivity


Total productivity





__________ is central to the philosophy of continuous
improvement:


Management
involvement


Employee involvement


Organization’s operations


Problem solving





Increase in inspection results in the increase of which
cost?


Prevention costs


Appraisal costs

Inspection
costs





Rework costs





Which one of the following is concerned in short term
capacity needs?


Cycle


Trends

Seasonality ??




Average








Which ONE of the following forms a bridge between two
islands of Engineering and Management?


Production
Engineering

Operations
Management ??





Industrial Management


Operations Engineering





All of the following are determinants of reorder point
EXCEPT:


Rate of
demand


Lead time


Stock out risk

Setup
cost











Which of the following takes information from the Master
Production Schedule to evaluate its feasibility?


Aggregate plan

Material requirements plan ??




Rough-cut capacity plan


Capacity requirements plan








What would be the total backorder cost if 800 units of a
product ‘A’ are ordered back where the back order cost is Rs. 8 per unit?

Rs. 6400 ??




Rs. 808


Rs. 100


Rs. 792





Which one of the following represents a use of cost-volume
analysis?

It
is a tool for reliability measurement





It provides a base for marketing research


It helps in identification of cost
related to production


It is important in product design








Which one of the following is a type of layout where
equipment, machinery and people are moved as required?


Product layout


Fixed position layout


Process layout


Hybrid layout





Reliability and safety of service is ensured through which
of the following?


Quality in design ??


Quality in system


Quality in equipment


Quality in training





Who introduced the use of statistical control charts for
monitoring production?


G.S. Radford


W. Shewhart ??


F.W. Taylor


K.Ishikawa





Total Quality Management stresses on all of the following
principles except:


Customer satisfaction
??



Employee involvement


Continuous improvement in quality


Quality as competitive advantage





Which one of the following correctly represents a set of
time series forecats?


Averaging, cycle, seasonality, random variations


Trend, seasonality, exponential smoothing


Trend, cycle, seasonality, moving average

Trend, cycle, seasonality, random variations ??







Who developed the use of standardization in
large-scale mass production using a moving assembly line?

Frederick Winslow Taylor
*
**Frank Gilbreth***
Adam Smith
Henry Ford






The management of systems or processes that
creates goods and provides services is known as*:***

*
**Operation Management***
Operation/production Management
Operation/Research Management
Production/Research
Management






















If the products and services match up with the designer’s
specifications, then which quality perspective of TQM is met?


Quality of design


Quality of conformance


Quality of use


Quality of service after delivery





In the “Check” stage, team analyzes the data collected
during the ____ stage to find out how closely the results correspond to the
specifications of ____ stage.


Do, Plan


Plan, Do


Do, Check


Plan, Check





In six sigma process, ________ stage comes after the
“Analyze” stage


Control


Improve


Choose


Monitor





Which one of the following is true about Taguchi approach?

To test the robustness of a design




To articulate the “voice of the customer”


To reduce the degree of automation


To create a concurrent design





According to Total Quality Management approach, ____________
is responsible for process design.


Design department


Operations department


Logistic department


Research and Development department





Which of the following is a time ordered diagram that is
used to determine whether observed variations are abnormal?


Control charts


Scatter diagram


Histograms


Pareto charts








Product life cycle is based on:


Price


Place

Demand ??




Supply





The technical aspect of Six Sigma includes all of the
following Except:


Improving process performance


Use of statistical methods


Top management commitment


Reduction in variations





In which of the following layouts, work stations are arranged
according to the general function they perform without regard to any particular
product?


Product


Process


Fixed-position


Storage





A tool to measure effective use of resources and usually
expressed as the ratio of output to input is known as;


Production ratio

Productivity ??




Reliability


Operations ratio





Which of the following factors are important for choosing a
strategy for aggregate planning?


Cost and company policy


Cost and layout decision


Company policy and layout decision


Company policy and capacity options





______________is the bringing together of engineering design
and manufacturing personnel early in the design phase.


Reverse engineering


Concurrent engineering


Manufacturability


Serviceability


An operations manager of milling plant is facing a decline
in the number of scrapped units at a milling machine. This change in process
can be detected by which of the following?


Six sigma


Statistical process control

Inspection process ???




None of the above





If a firm subcontracts 600 units of a product ‘A’, with the
subcontracting cost of Rs. 6 per unit. What would be the total subcontracting
cost?


Rs. 100


Rs. 594 ?


Rs. 3600


Rs. 606





Which of the following is NOT an emerging trend in the
workplace?


Increasing workplace diversity


Decreasing work schedule flexibility


Increasing number of part time jobs


Increasing use of temporary labor ??





Run time for the economic run size is a function of which of
the following?


Run size and usage rate


Cycle time and usage rate


Run size and production rate


Cycle time and usage rate





Which one of the following is an example of a short range
plan?


Machine loading


Back order


Facilities layout


Product design





Which of the following is NOT a characteristic of product
layouts?


High material handling costs


Sequential arrangement of machines


Standardized output

Continuous production system ??







Which of the following formula is used to compute cycle
time?


► QΟ/u


► QΟ/p


► p/QΟ


► u/QΟ





Which of the following
refers to the actual amount of an item needed in each time period?



Gross requirements


Net requirements


Planned-order receipts


Planned-order releases





Which of the following
report contains data for assessing future material requirements?



Performance control report


Planning report


Exception report


Planned order report





The inputs to capacity
requirements include all of the following EXCEPT:



Planned-order releases


Routing information


Job times information


Bill of
materials






Which of the following statements is TRUE about
Just-in-Time?


It is essential for a project organization


It pushes inventory through the operations process


It is only useful in a high product variety environment


It seeks to reduce inventory in an effort to reduce
waste






Which of the following
refers to the movement of materials and information within a facility and
outgoing shipments of goods and materials in a supply chain?



Logistics


Procurement


Shipment


Movement





Which of the following is
NOT a supply chain performance driver?



Quality


Demand


Cost


Flexibility














Capacity options are focused on:


Backorders


New demand


Matching demand period by period


Promotion





Which of the following is an example of an output of
aggregate planning?


Facilities
layout


Demand forecast


Projected inventory

Overtime
cost ??








Which one the following is an assumption of center of
gravity method?


The quantity to be shipped is
variable


The quantity to be shipped is fixed

The
quantity carries no value ??





The quantity to be shipped should be
extraordinarily high





Refer to the percentage of items in group A of ABC
classification system for inventory management


10%


50% ???


70%


30%


Which of the following is Not an assumption of economic
order quantity model?


No constraints on size of each lot


No uncertainty in lead time or supply


Demand
is always variable





No quantity discounts





Changes made in ____ phase of MPS can be most disruptive


1st ??


2nd


3rd


4th





The method that uses explanatory variables to predict the
future is known as:


Delphi
method


Naïve forecast


Associative model


Judgmental forecast





An example of a business/industry that uses batch flow
process structure is:


Commercial
printer


Heavy equipment


Automobile assembly


Sugar refinery





Which one of the following concepts refers to achieve the
lowest average total cost per unit when a large quantity is ordered?


Economic
order quantity


Economies of scale


Material requirements planning


Master production schedule





Which one of the following strategies specifies how the firm
will employ its production capabilities to support its corporate strategy?


Tactical


Operations ??


Manufacturing


Production





Which one of the following is a disadvantage of a process
layout?


A variety
of processing requirements


Use of individual incentive system


Minimizing material handling costs


Equipment utilization rate is
high ??






Which one of the following
is a disadvantage of a process layout?












It can handle variety of processing requirements


Individual incentive system can possibly be used


Material handling cost is slow


Equipment utilization rate is less costly














In which stage of PDCA cycle, team documents the Revised
Process?


Act


Check


Do


Plan





Capacity options are focused on:


Select correct
option:








Backorders


New demand


Matching demand period by period


Promotion





Identify the mathematical expression to determine the number
of workers in a given period. Where a = Number of workers at the end of
previous period, b = Number of new workers at the start of the current period,
c = Number of laid-off workers at the start of the current period


Select correct
option:








a + b - c


a + b + c


a - b + c


a - b - c








Which one of the following is an application of simple
exponential smoothing?


Establishing durability


Finding reliability


Scheduling services ??


Quality improvement





Forecasting accuracy has_______ relation with time horizon.


Select correct
option:








Inverse


Linear


Direct


Parallel


Which of the following refers the way an organization
chooses to produce its good or services?

Process
selection





Process reengineering


Process redesign


Process design





Which ONE of the following statement correctly explains the
difference between operations management (OM) and operations research (OR)?


Select correct
option:








OM relies on mathematical modeling
and OR focus on practical scenarios.


OM is more powerful to improve the
whole system OR relies on mathematical modeling.


OM is relies on practical scenarios
and Or relies on Mathematical modeling.


OM relies on mathematical modeling
and OR is considered to be one of the critical tools of mangers.





If the costs of inspection are higher than costs of
obtaining the sample ____________ sampling should be used?


Single


Double


Multiple ??


Random





In TQM, appearance, style, durability, reliability,
craftsmanship and serviceability comes under which determinant of quality?


Select correct
option:








Quality of design


Quality of conformance


Quality of fitness for use


Quality of service after delivery





How organizations assure that the designed strategy is
giving the required output or results?


Select correct
option:








Increase in demand of the product


By measuring the productivity


Environmental scanning


Raw materials are effectively used





___________ is a philosophy of continually seeking ways to
improve operations


Select correct
option:








Poke – yoke


Kaizen


Robustness


Quality deployment





TQM is being criticized on the basis of factors which show:


Select correct
option:








Weak implementation of TQM practices
or strong management perspective


Strong implementation of TQM
practices or weak management perspective


Weak implementation of TQM practices
or weak management perspective


Strong implementation of TQM
practices or strong management perspective





The chances of the batch containing acceptable level of
quality will be rejected is known as?


Select correct
option:








Acceptance risk


Consumer risk


Producer’s risk


Rejection risk





Which ONE of the following statement correctly explains the
difference between operations management (OM) and operations research (OR)?


Select correct
option:








OM relies on mathematical modeling
and OR focus on practical scenarios.


OM is more powerful to improve the
whole system OR relies on mathematical modeling.


OM is relies on practical scenarios
and Or relies on Mathematical modeling.


OM relies on mathematical modeling
and OR is considered to be one of the critical tools of mangers.





Which one of the following is NOT a business application of
forecasting?


Budgeting


Capacity planning


Inventory management


Quality control





Which of the following is NOT a dimension of quality that
makes a company competitive?


Performance


Special features

Leadership
??





Reliability





Which of the following cost is expected to be borne due to
defective products?


► Failure cost


► Prevention
cost


► Appraisal
cost


► Marketing
cost





A double sampling plan specifies all of the following
EXCEPT:


► Size of the
initial sample


► Size of
second sample


► Lot size


► Double
acceptance number














Which one of the following is an example of a long range
plan?


Machine
loading


Backorders

Facilities
layout ??





Work schedule





Which one of the following is the goal of method analysis?


Dividing
and analyzing a job


Check individual human motions used
to perform an operation ??



Determining the length of time it
will take to undertake a particular task


Determining the amount of time a
worker spends on various activities





A machine that fills cereal boxes will not put exactly the
same amount of cereal in each box by a small fraction. This is because of which
of the following variation?


Common
cause


Assignable cause


Special cause


None of the above ??








Which of the following depicts the overall production rate
and size of the workforce required to meet the demand?


Aggregate
plan


Master production schedule


Master requirements plan

Capacity
requirements plan ??








MPS stands for?

Material
Production Schedule ??





Master Planning Schedule


Material Planning Schedule


Master Production Schedule





________ method of evaluation of quality allows the
inspectors to make decisions about whether a product / service meets the
specifications?


Measuring attributes

Measuring
variables ??





Measuring dimensions


None of the above





Which of the following costs is born by the firm when demand
exceeds the supply?


Ordering
cost


Holding cost


Stock out cost

Shortage
cost ??








The optimal order quantity shows a trade-off between which
one of the following sets of costs?


Select correct
option:








Carrying costs and shortage costs

Carrying
costs and ordering costs ???





Carrying costs and stock out costs


Carrying costs and setup costs





Which of the following is a computerized info system developed
specifically to aid in managing dependent demand inventory and scheduling
replenishment orders.


Master Production Schedule


Material Requirements Planning


Material Replenishment Planning


Inventory Management Schedule ??





Which of the following refers to the cost associated with
the order of inventory and its receipt?


Ordering
cost

Holding
cost ??





Shortage cost


Stock out cost





G.S.Radford demonstrated the connections between:


High
quality, decreased quality and higher cost


High quality, increased quality and
higher cost


High quality, decreased quality and
lower cost

High
quality, increased quality and lower cost ??








In statistical process control, some tools are used
primarily to detect production of defective products / services or process
changes. What those tools are known as?


Regression
charts


Pareto charts

Control
charts ??





Histograms





Which one of the following correctly explains the elements
of a good forecast?


Timely, having a purpose, accurate,
written, reliable, meaningful


Timely, accurate, judgmental,
correctness, verbal, simple to use

Timely,
accurate, reliable, meaningful, written, simple to use ??





Timely, accurate, reliable,
consistent, meaningful, written, simple to use








In TQM, appearance, style, durability, reliability,
craftsmanship and serviceability comes under which determinant of quality?


Quality of
design


Quality of conformance

Quality
of fitness for use ??





Quality of service after delivery





Which one of the following is the most significant
disadvantage of standardization?


Frozen
designs ??

Interchangeable
parts ??





Reduced variety


Customized parts





Which of the following is a system designed to coordinate
all activities and information needed to complete business processes?

Enterprise resource
planning





Supply chain management ??


New product development


Customer relationship management








ABC Freight Company is overflowed with customer complaints
of poor quality services. To achieve quality in the services being provided,
managers can make use of which of the following strategy?

Cost
leadership strategy ??





Statistical process control strategy



Service differentiation strategy


Conditional service guarantee
strategy





The formula for determining the required cycle time is
operation time per day divided by:


Sum of task
times


Actual output per day (in units)


Number of workstation


Desired output (in units)








Maintaining quality is the responsibility of ______ in the
organization.

Quality
Control Department





Top Management


Operations Department

Everyone







Ali got his mobile repaired from UNITED MOBILES which was
situated very near to his home. Which dimension of service quality is referred
in this example?


Assurance


Reliability

Convenience ??




Responsiveness





Which of the following shows the quantity and timing of
specific end items for a scheduled horizon?


Simulation model


Master schedule ??


Aggregate plan


Critical path model





Which of the following is NOT an assumption of EOQ model?


Delivery lead time does not vary


Annual demand requirements are known


There are no quantity discounts

Multiple
products are involved ??








Which one of the following is a key benefit of process plant
strategy?

Economies
of scale ??





Diseconomies of scale


Product variety


Task specialization

Admin
Administrator

Number of posts : 8137
Age : 50
Location : Sharqi Abadi Mustafabad Kasur
Job/hobbies : Do more for other
Mode (i.e. cool, angry etc) : Serious
Warining :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Rate by Admin :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Reputation : 22
Registration date : 2007-10-23

https://meo786.forumotion.com

Back to top Go down

All Quiz MGT613 Empty Re: All Quiz MGT613

Post by Admin Mon Jun 07, 2010 9:34 am

Production /Operations Management (MGT-613)


Quiz #1


Semester: Special (2007)


Total marks = 10


1._______ allows the manager to anticipate the future so
then can plan accordingly.


  • Forecasting
  • Planning
  • Organizing
  • Leading



2. Forecasts are rarely perfect because of:


  • Internal
    factors
  • Randomness
  • External
    factors
  • All
    of the given options



3. Forecast accuracy ________ as time horizon increases.


  • Increases
  • Decreases
  • Remains
    the same
  • None
    of the given options



4. __________ use explanatory variables to predict the
future.


  • Judgmental
    forecasts
  • Time
    series forecasts
  • Associative models
  • All
    of the given options



5. All of the following are examples of judgmental forecasts
except:


  • Executive
    opinions
  • Consumer
    surveys
  • Delphi
    method
  • Naïve forecasts



6. _________ requires completing a series of questionnaires,
each developed from the previous one, to achieve a consensus forecast.


  • Naïve
    forecast
  • Time
    series analysis
  • Associative
    models
  • Delphi method



7. One of the drawbacks of naïve forecasts is:


  • Low accuracy
  • High
    cost
  • No
    ease at using
  • None
    of the given options



8. All of the following are responsible for irregular
variations except:


  • Severe
    weather
  • Earthquake
  • Worker
    strikes
  • Cultural changes



9. _______ is a technique that averages a number of recent
actual values, updated as new values.


  • Moving average
  • Weighted
    moving average
  • Simple
    moving average
  • Exponential
    smoothing



10. MAPE stands for:


·
Measure Actual Performance Error


·
Mean Absolute
Percent Error



·
Mean Actual Percent Error


·
Mean Absolute Performance Error





SOLUTION TO QUIZ 02





1.
The prime determinants of choosing a sampling plan include:


a)
Cost


b)
Time


c)
Environment


d)
Both cost and time


2. The ideal sampling plan
requires ______ inspection of each lot.


a)
100%


b)
50%


c)
10%


d)
25%


3. As the lot quality decreases, the probability _________.


a)
Increases


b)
Decreases


c)
Remains neutral


d)
None of the given options


4. ________ represents maximum AOQ for a range of fractions
defective.


a)
Acceptable Quality
Level (AQL)


b)
Average Outgoing
Quality Limit (AOQL)



c)
Lot Tolerance Percent Defective (LTPD)


d)
None of the given options


5. ___________ refers to intermediate range capacity
planning, usually covering 2 to 12 months.


a)
Aggregate planning


b)
Moderate planning


c)
Long rang planning


d)
Short range planning


6. _________ is an optimizing technique that seeks to
minimize combined costs, using a set of cost-approximating functions to obtain
a single quadratic equation.


a)
Linear programming


b)
Linear decision rule


c)
Aggregate planning


d)
Lot Tolerance Percent Defective (LTPD)


7. ________ takes physical count of items at periodic
intervals.


a)
Periodic inventory
system



b)
Perpetual inventory system


c)
Two-bin system


d)
Universal bar code system


8. _______ refers to the cost to carry an item in inventory
for a length of time.


a)
Shortage cost


b)
Ordering cost


c) Holding cost


d)
None of the given options











9. Inputs to MRP include all of the following except:


a)
Master schedule plan


b)
Bill of materials


c)
Inventory records


d) Control charts


10. ________ represents the process of determining
short-range capacity requirements.


a) Capacity requirements planning


b)
Aggregate planning


c)
Capacity planning


d)
Schedule planning




















Which one of the following statements is
*true *about Occupational Safety Hygiene Administration (OSHA)?

To safeguard against potential
hazards

To develop cost effective processes
*
**To implement legal standards***
To carry out implication of manufacturability and fitness
**
Which one of the following is NOT an input in the
transformation process?
Informations
*
**Services***
Facilities
Materials
**















*Which one of the following is an index used
to measure actual output relative to design capacity?

Efficiency
*
**Effective capacity***
Effectiveness
Utilization









Effective capacity is influenced by all of
the following factors * EXCEPT*:

Facilities
*
**Product mix***
Processes
Operations





Which of the following terms of financial
analysis are important for the organization to proceed with a capacity
alternative decision?

Cash flow and fixed cost
Present value and fixed cost
*
**Cash flow and present value***
Cash flow and profit









The process selection should take into
account all of the following EXCEPT*:*

Capacity planning
Design of work systems
*
**Production forecasts***
Selection of technology





Which one of the following is an example of
business that uses job shop process structure?

*
**French restaurants***
Heavy equipment
Sugar refinery
Automobile assembly






Assembly lines relate most closely to a:
Functional layout
*
**Product layout***
Process layout
Departmental layout






The purpose of ___________ is to coordinate
and control all the required sources so that productive system can be used
efficiently and to ensure the delivery of product in time.

Total quality control
*
**Demand management***
Forecasting
Operations management





Which one of the following forecasting
methods uses subjective inputs such as opinions from consumer surveys, sales
staff, managers and experts?

Time series model
Least Square method
*
**Judgmental forecasting model***
Associative forecasting model






Which of the following is a technique that
averages a number of recent actual values that are updated as new values become
available?

*
**Simple moving average***
Weighted moving average
Linear trend equation
Exponential smoothing






Which one of the following statements is
TRUE about cost-volume relationship?

*
**It represents the relationship
between cost, revenue and volume of output.***

It represents the relationship between cost and volume of
output.

It represents the relationship between cost and revenue.
It represents the relationship between inputs, cost and volume
of output.

**






Which one of the following statements
represents use of cost-volume analysis?

*
**It is a tool for reliability
measurement***

It provides a base for marketing research
It helps in comparing capacity alternatives
It is important in product design





Which one of the following best describes
the cellular layout?

It groups machines into departments to process items having
similar processing requirements.

*
**It groups machines into small assembly lines that produce families of parts.***
It allows production of larger lots by reducing set-up time.
It encourages the use of large, efficient machinery.
**






Transportation method helps in solving which
of the following problems?

*
**Facility location problems***
Allocation of cost problems
Workforce management problems
Unfamiliar laws and regulaitons problems
**
Who are the leaders and guidance
providers in a six sigma team?



Master black belts


Black belts


Program champions


Top management





The basic requirement of
effective inventory control used by managers is:



How much and when to order?


Why and when to order?


How much and why to order?


Why and how much to order?





Which of the following is
NOT a pre-requisite to implement a successful Material Requirement Planning
(MRP) system?



Top management’s commitment


Employee empowerment


Accuracy of inputs


Computer support





Which of the following
enables managers to test ‘what if’ scenarios by simulation?



Material Resource Planning system (MRP)


Manufacturing Resource Planning system (MRPII)


Enterprise Resource Planning system (ERP)


Capacity Requirement Planning system (CRP)





Operational Efficiency is
the key purpose of which of the following?



Just-in time manufacturing


Manufacturing resource planning (MRPII)


Material requirements planning (MRP)


All of the given options





If alpha = 0, how many
containers are needed with the given data?



K = 1500 (0.8 + 0.2) (1 +
0)



270


6.5 Containers


7 Containers


6 Containers


9 Containers





Which of the following
Just-In-Time strategy is useful for reducing the frequency of setups?



Line flow strategy


Automated production strategy


Uniform workstation loads


Maintenance





























Question No: 41 ( Marks: 5 ) ***
*** **ABC Corporation has planned to purchase a
new machine. Total annual fixed cost is Rs. 15,000: variable cost is Rs. 5 per
unit and revenue is Rs. 7 per unit. ***
· What would be the break even point?
· What would be the breakeven point if variable
cost gets increased by 10%, revenue decreased by 10% and fixed remains same?
*Solution***
Q=fc/r-vc
=15000/7.5
=7500 units
b)
fc/r-vc
=15000/7-0.7-(5+0.5)
=15000/6.3-5.5
=15000/0.8
=18750 units
**
*Question No: 42 ( Marks: 5 ) ***
*** **What is demand management. Explain its
various factors?***
Demand management is a process by which we can
find how much demand is required in future. By this we can forecast demand for
the specific time.
There are the following components of Demand.
1 Average demand for a period of time
2 Trends
3 Seasonal elements
4 Cyclical elements
5 Random variations
6 Autocorrelation









Which of the following is a
mathematical approach used for analysis of waiting lines?



Queuing
theory



Waiting theory


Scheduling theory


Sequencing theory





Which of the following is
the third step in Hungarian method of liner programming?



Tabulation of cost information


Obtaining raw reduction


Obtaining column reduction


Modification of tabular sequence in case of
difference between rows and columns






Which of the following is
the primary input in capacity planning?



Supply chain capabilities


Competitors' strengths


Demand forecasts


Overall cost estimates








The type of processing
structure that is used for producing discrete products at higher volume is:



Continuous Flow


Assembly Line


Batch


Job shop





The Strategies which are more focused on maintaining or
improving the quality of an organization’s products or services are known as:


Quality
at the source



Time based strategies


Cost leadership strategies


Quality-based strategies
































Final Terms Paper





Which one
of the following correctly explains the quantitative forecasting technique?



► It consists mainly of numerical descriptions
and resist subjective inputs of managers.



► It consists mainly of subjective inputs and
resist particular numerical descriptions.



► It
consists mainly of subjective inputs and resisit human factor, personal
opinions.???



► It consists mainly of analyzing objective and
hard data and resist human factor, opinion.






Which one of the following is an outcome of MINIMAX
regret?



► The best of the worst
possible payoff ??



► The best
possible payoff



► The best
average payoff




► The least of the worst regret






Given the table:



Alternatives

Possible future demand

Low (Rs.)

High (Rs.)

Small facility

10,000

8,000

Medium facility

12,000

20,000

Large facility

18,000

15,000







Which one of the following is the
correct payoff under MINIMAX regret approach?



► Rs.
12,000



► Rs. 6,000
??



► Rs. 5,000 ???


► Rs.
16,000






Which one
of the following refers to the volume of output at which total cost equals
total revenue?



► Optimal
operating rate




► Break even point



► Feasible
volume




► Utilization






ABC Corporation has planned to purchase a new
machine. Total annual fixed cost is Rs. 10,000, variable cost is Rs. 5 per unit
and revenue is Rs. 7 per unit. What would be the break even point?



► 833 units


► 2000
units



► 5000
units ???




► 1012 units ??






Which one
of the following designs resists modifications?



► Frozen design ??


► Product
design



► Service
design



► Robust
design






Which one
of the following is the final stage of product life cycle?



► Growth



► Decline



► Maturity


► Planning





Which one
of the following refers to a team having representatives from different
functional areas of the organization?




► Traditional work group




► Self-directed team



► Cross-functional team


► Self
motivated team






How many
dimensions are used for determining service quality?






► Four


► Five ???


► Six


► Seven





Which of
the following is NOT an element of TQM?




► Continuous improvement



► Perceived
quality ??



► Employee
empowerment



► Customer
focus






Which of
the following represents a specified range of values in which individual units
of output must fall in order to be acceptable?



► Tolerance


► Run test


► Process
capability



► Process variability





Which of
the following refers to the upper limit on the percentage of defects that a
customer is willing to accept?




► Acceptable Quality Level (AQL)




► Lot Tolerance Percent Defective (LTPD)



► Average
Outgoing Quality (AOQ)



► Average
Outgoing Quality Limit (AOQL)






Which of the following require intermediate
plans?



► Job
assignments



► Machine
loading




► Subcontracting ??



► Layout
design






Which of
the following is the costs of carrying an item in inventory for a specific
period of time?



► Ordering
cost



Holding cost


► Shortage
cost



► Stock out
cost






Which of
the following contains a listing of all the assemblies, sub-assemblies, parts
and raw materials needed to produce one unit of a finished product?




► Master schedule



► Bill of materials file


► Inventory
records file



► Rough –
cut capacity plan






Which of
the following statements is CORRECT about master schedule?



► It is
visible to all levels of management
????



► It include only demand from
production areas



► It is notIt is notI influenced by the aggregate plan


► It is not
concerned with customer order processing






Which of
the following refers to the planned amount to order in each time period?



► Gross
requirements



► Net
requirements



► Planned-order
receipts ??




► Planned-order releases






MTBF refers to which of the following?


► Measure time
before failure


► Mean
time between failures



► Mean time
before failure


► Measure test
before failure





CPFR stands for which of the following?



Collaborative Promotion, Forecasting, and Replenishment



Collaborative Planning, Forecasting, and Reactivity


► Co-operative
Planning, Function, and Replenishment



Collaborative Planning, Forecasting, and Replenishment





“Respect for worker” is the
basic principle of which of the following management systems?



American management system


Japanese management system


Asian management system


European management system





A purchaser needs unique,
low-money value part. This part is a critical component of a product
manufactured by the purchaser. The part is patented and can only be obtained
from two suppliers and is often on back order. The purchaser’s company does not
have expertise in the manufacturing of this particular component. In this
scenario what is the most appropriate action for the purchaser?



To select a similar part from other reliable supplier
and substitute the part



To set up a cross-functional team to make the part
internally



To seek other suppliers through seeking a quotation
or proposal



To recommend a change in product design to remove the
need for that unique part






For 10 numbers of jobs,
cumulative flow time is 180. Under First Come First Served (FCFS) rule of
sequencing which of the following is average flow time?



18 days


13 days


15 days


10 days





In a mail-order operation,
customer population is large and small fraction of shoppers place order at
anytime. In this case the customer population is_____________.



Infinite-source population


Finite-source population


Certain in terms of number


Uncertain in terms of number




















Which of
the following reports compares known and expected future capacity requirements
with projected capacity availability?




► Performance control report ???



► Exception
report



► Load
report ???



► Planned
order report






Big JIT includes all of the following EXCEPT:


► Vendor
relations



► Scheduling materials



► Technology management



► Human
relations




Admin
Administrator

Number of posts : 8137
Age : 50
Location : Sharqi Abadi Mustafabad Kasur
Job/hobbies : Do more for other
Mode (i.e. cool, angry etc) : Serious
Warining :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Rate by Admin :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Reputation : 22
Registration date : 2007-10-23

https://meo786.forumotion.com

Back to top Go down

All Quiz MGT613 Empty Re: All Quiz MGT613

Post by Admin Mon Jun 07, 2010 9:35 am




Which should be one of the selection criteria if two
potential suppliers can deliver a part with the same quality and prices?



► Size of
the firm



► A coin
flip




► External evaluation ??




► Flexibility of the firm ???






Scheduling is a function of which of the following?



► Volume of systems’ output ??



► Nature of
systems’ output



► Timing of
systems’ output



► Value of
systems’ output






Which of
the following refers to an area where a person works with special equipment on
a specialized job?



Workshop


► Work area


► Workplace


Workstation





Which of
the following refers to the total time needed to complete a group of jobs from
the beginning of the first job to the completion of the last job?



► Job
lateness



Job flow time


Makespan


► Slack
time






Which of
the following is TRUE about a project activity?




► It is a unique, one-time activity



► It is static
in nature



► It is often
simple to outline



► It is a
set of unrelated tasks






Which of
the following relates to an organizational structure based on teams formed
specifically for projects?



► Project matrix structure ??


► Project
structure



► Functional
structure



► Balanced
matrix structure






Which of the following is NOT a limitation of PERT?



► Omission of critical activities



► Correct
precedence relationships



► Sole
reliance on critical path



► Inclusion
of a fudge factor






With reference to Network activities, what does the
term ‘LS’ stand for?




► Late Start



► Long
Start



► Lazy
Start



► Low Start





With
reference to Network activities, what does the term ‘LF’ stand for?



► Late Finish


► Long
Finish



► Lazy Finish


► Low
Finish






Forecasting for groups tend to be more accurate than
forecasting for individual items because:



► A group
is composed of a number of items ??



► A group
exhibits a uniform behavior



► A group
cancels the forecasting errors among items
???



► A group behavior is
relatively less uncertain ??






Which one of the following is a possible disadvantage
of a moving average forecast?






► The
method is unable to forecast the demand accurately



► The method is easy to
compute and easy to understand ??



► All the
values in the average are weighted equally
???



► The most
recent values are given the more weightage
??






Which of the following determinants of effective
capacity is taken into account by operations manager at macro level?




► Supply chain



► Process
factors



► Product
and service factors




► Operational factors






Which of the following is true about the design
process?



Concurrent design has proven to be the more effective
method for design???



The design process involves four basic steps, if followed
in sequential order, ensure success



Only representatives from design department should work
together on the design




► It is better to separate marketing, engineering, and production
personnel from each other in a design process ??






Which of
the following initiated "Just-In-Time" inventory management system?






► Germany


► United
States



► United
Kingdom



► Japan





In
the environment where material flow is complex and demand is highly variable,
which of the following system will NOT be feasible?



Material Requirement Planning (MRP)


Just-In-Time Production Systems



► Manufacturing requirement planning (MRPII) ???



Enterprise Resource planning (ERP)





Which
of the following elements of supply chain prevent organization from bull-whip
effect?



Predicting quantity and timing of demand


Incorporating customer’s wants in manufacturing


► Controlling quality and
scheduling work ???



Determining what customers want





Difference
between length of a path and critical path gives which of the following values?



Critical activities


Slack activities


► Activity
on node



► Activity
on arrow






During the period of high unemployment or
when low-skilled labor is acceptable, which of the following strategy would be
cost effective?



► Chase
demand strategy ???



Level
capacity strategy ??



Proactive strategy


Mixed or hybrid strategies





Question
No: 39 ( Marks: 3 )



What
are the salient features of six sigma quality management?



ANS: following are the 4 salient
features of sigma quality management



1. Selecting and training appropriate people.


2. Providing strong leadership.


3. Selecting projects likely to succeed.


4. Defining performance merits.





Question
No: 40 ( Marks: 3 )



How
would you illustrate the problems that you may encounter in scheduling the
service operations?






ANS:
there are many problem of scheduling like flight schedules, reservation
system, and control costumer services,scheduling the
workforce
etc.






Question
No: 41 ( Marks: 5 )



What
would happen if customer’s expected quality and perceived quality do not match?
Explain by giving an example.






Differences between Expected and Perceived
Quality



ANS: Customers
expect certain things from certain companies so that is called costumer
expected quality. Everyone has perception of service quality



The perceived quality is the quality after the
perceptions of costumer.






Question
No: 42 ( Marks: 5 )



What
is the importance of Material Requirement Planning (MRP)? Why companies should
invest in the implementation of MRP system? (3+2)






A material requirement planning is a computer based
information system that translates master schedule requirements for end items
into time-phased requirements for raw materials, components, subassemblies.



Company should invest to improve the implementation
of MRP SYSTEM because it is very important tool for the future planning of
material needs. By MRP systems a company can improve its costumer services and
reduce its cost. Also companies can control inventories,
improved scheduling
, and Productive
relationships with suppliers.






Question
No: 43 ( Marks: 5 )



Differentiate Big vs Little Just-In-Time
System. Which one of the both answers the most pressing questions that an
organization faces? 4+1






1.
Big JIT:
it has broad focus in, vendor relations,
materials and inventory management, technology management, human relations






2.
Little JIT
: it has narrow focus Internal to organization,
Scheduling materials, and Scheduling services of production.






By JIT systems organization can achieve a balanced
smooth flow of production, it will flexible their system with reduction in
wastes and lead time.






Question
No: 44 ( Marks: 10 )



How
would you compare a TV set (a product) and TV repair (a service) in terms of at
least five dimensions of quality?






I will compare it with the following dimensions of
quality.






1.
Performance
: as we know the performance of new TV set if very
good with high quality but when it is repaired its performance and quality is
reduced because of repairing services.



2.
Aesthetics
: it is the appearance of TV set. As new TV set
is looking very nice from every angle but when it is repaired its looking is
affected by poor services.



3.
Special Features
: a TV set has many extra features in it.
But when it is repaired most of its features will be disabled due to repairing
process. For example some times its sound will be change some times its colors
or buttons not working.



4. Conformance - how well product/service
conforms to customer’s expectations



5. Reliability - consistency of performance


6. Durability - useful life of the
product/service



7.
Perceived Quality
: is the quality which will be accepted
after repairing services of TV. While a new TV has its expected quality.



8.
Serviceability
: this is the service after sale. When you buy a new
TV set, you will get a warranty for that TV. And also some changeable service.
But when it is repaired for one time then its warrant as well as guarantee will
be finished and there is no service ability for that repaired TV.






Question
No: 45 ( Marks: 10 )



Long
waiting lines and long waiting times force customers to balk or renege. What
mathematical and non-mathematical ways and techniques management should take in
order to avoid such kind of problems?






ANS: Some
times there are long lines of people in offices for example for interviews,
customer’s centers, banks etc. it is due to the poor management system and
poor.



But there are some mathematical as well as non
mathematical methods due to those methods we can control these long waiting
lines problems.






Queuing
theory
:


This is a Mathematical method use for the analysis of
waiting lines.



Its main goal is to minimize the sum of two costs
Customer waiting costs and



Service capacity costs.


Its main points about waiting lines are as following.


Waiting lines are non-value added occurrences
implications of waiting lines.



To provide space for waiting it will cost.


There is a threat of Loss of business due to long
waiting lines.



Because of these problems most of costumer will
leave.



Customers always refuse to wait.


Overcrowding can disrupt other business operations.


Long waiting lines reduces in customer satisfaction.





By queuing analysis organizations minimizes these
types of threats and can manage their business in a very pleasant way.






Some of Non Mathematical Approaches are the following
which are also used to reduce long waiting lines problems.









1. There should be Magazines or newspapers in waiting
rooms for people who are waiting because of this they will not become bore.



2. Also if there is Radio or a television set so the
waiting costumers be wait easily.



3. In-flight movies.


4. By Filling out forms we can reduce waiting times
of people.



5. Derive benefits from waiting


6. By Placing impulse items near checkout so people
will see and analyze it for some time.



7. Reduce perceived waiting time


8. If there is advertisement of other goods or
services in waiting place, people will study that so they can wait easily.


















Question No: 39
( Marks: 3 )



All Quiz MGT613 Clip_image002 How can you measure the sample size and rejection
criteria in multiple sampling?






Question No: 40
( Marks: 3 )



All Quiz MGT613 Clip_image003 How would you reveal the importance of maintaining
good relationship with suppliers in a JIT system?






Question No: 41
( Marks: 5 )



All Quiz MGT613 Clip_image004 Briefly discuss Juran’s contribution to quality.





Question No: 42
( Marks: 5 )



All Quiz MGT613 Clip_image005 As an inventory manager what requirements you will
fulfill in order to have effective management system?






Question No: 43
( Marks: 5 )



All Quiz MGT613 Clip_image006 Project management software is used for scheduling,
cost control and budget management, etc. what can be the other uses of project
management software?






Question No: 44
( Marks: 10 )



All Quiz MGT613 Clip_image007 “Reactive strategies should be considered in responding to uneven
demand pattern.” Discuss what reactive strategies can be implemented to meet
the uneven demands?






Question No: 45
( Marks: 10 )



All Quiz MGT613 Clip_image008 Why it is important to maintain and manage quality in
products and services? Does there any relationship exist between quality and
competitiveness? (5+5)

Admin
Administrator

Number of posts : 8137
Age : 50
Location : Sharqi Abadi Mustafabad Kasur
Job/hobbies : Do more for other
Mode (i.e. cool, angry etc) : Serious
Warining :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Rate by Admin :
All Quiz MGT613 Left_bar_bleue0 / 1000 / 100All Quiz MGT613 Right_bar_bleue

Reputation : 22
Registration date : 2007-10-23

https://meo786.forumotion.com

Back to top Go down

All Quiz MGT613 Empty Re: All Quiz MGT613

Post by Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum