Correct Answer:
Less
Note: This Question is unanswered, help us to find answer for this one
Correct Answer:
Mean absolute percentage error
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Correct Answer:
Layout
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Correct Answer:
Rational.
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Correct Answer:
Double that
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Correct Answer:
(CPMC) Contingency Planning Management Committee
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Correct Answer:
Service
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Correct Answer:
Medium of exchange
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Correct Answer:
Front office operations
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Correct Answer:
The customer end; upstream
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Correct Answer:
Performance phase
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Correct Answer:
The goal is to minimize makespan
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Correct Answer:
Communication
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Correct Answer:
Job specification
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Correct Answer:
MAPE
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Correct Answer:
Assignable
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Correct Answer:
Loss of direct control over operations; need to disclose proprietary information
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Correct Answer:
Shortest processing time rule
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Correct Answer:
Increasing the driving forces directing behavior away from the status quo
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Correct Answer:
Data warehouse
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Correct Answer:
Canned sales presentation
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Correct Answer:
Monopolistic competition
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Correct Answer:
Job discrimination
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Correct Answer:
Allows you to access a personal area network (PAN)
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Correct Answer:
Determine a reasonable selling price; target costs to ensure that the price is met
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Correct Answer:
Matrix
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Correct Answer:
Derived set of influences
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Correct Answer:
Borrowing funds to build a new restaurant
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Correct Answer:
Price bundling
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Correct Answer:
Managing for a competitive advantage and diversity
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Correct Answer:
Use the same materials and factories as Luxottica without the licensing fees
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Correct Answer:
Adding safety stock.
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Correct Answer:
Small scale and flexible; large-scale and inflexible
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Correct Answer:
Continuous improvement
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Correct Answer:
Centralized decision making authority
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Correct Answer:
Capturing the moral high ground
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Correct Answer:
U.S. economy or even the global economy
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Correct Answer:
Not be the same as
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Correct Answer:
Manufacturers
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Correct Answer:
Tangible, verifiable, and measurable
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Correct Answer:
Outcome-input ratio
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Correct Answer:
JIT prevents long runs of defects.
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Correct Answer:
Attitudes
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Correct Answer:
Civil wars
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Correct Answer:
Use information from the discovery phase to speculate on possible futures
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Correct Answer:
Are easy to measure
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Correct Answer:
Resource flexibility
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Correct Answer:
Cultural diversity.
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Correct Answer:
Growing internally through direct expansion or creating new businesses
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Correct Answer:
Product concept.
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Correct Answer:
Opportunity for growth
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Correct Answer:
Convenience
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Correct Answer:
Leadership
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Correct Answer:
Emotional dissonance
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Correct Answer:
Growth
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Correct Answer:
SQL
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Correct Answer:
Proactive change
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Correct Answer:
Product-process matrix
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Correct Answer:
Domestic structure plus export department
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Correct Answer:
The group develops cohesiveness
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Correct Answer:
The next need becomes dominant
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Correct Answer:
Troubled clown.
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Correct Answer:
Fee-based model
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Correct Answer:
High; low
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Correct Answer:
Discount blowouts
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Correct Answer:
Make the table more effective
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Correct Answer:
Information from across the organization
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Correct Answer:
More 50%.
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Correct Answer:
Goods
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Correct Answer:
Goals
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Correct Answer:
Cost of Goods Sold
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Correct Answer:
Innovation
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Correct Answer:
Knowledge
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Correct Answer:
Complete financial records
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Correct Answer:
Lower-level managers make
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Correct Answer:
After stakeholders have been identified and information has been gathered
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Correct Answer:
Assets
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Correct Answer:
Efficient while encouraging high quality
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Correct Answer:
The compliance with the organizational authority chain
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Correct Answer:
Its market share
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Correct Answer:
Performance appraisals
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Correct Answer:
An individual should be directly responsible to only one supervisor the basis of functions
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Correct Answer:
The shared set of beliefs, values, knowledge, and patterns of behavior common to its people
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Correct Answer:
Can be browsed quickly for main ideas
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Correct Answer:
5W2H3
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Correct Answer:
A control mechanism for making sure the right people do the right things at the right time
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Correct Answer:
Transaction
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Correct Answer:
Group roles and norms
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Correct Answer:
Business processes
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Correct Answer:
Competitive pacification
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Correct Answer:
Cascading goals; individual employees
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Correct Answer:
Food
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Correct Answer:
Coping strategies
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Correct Answer:
Speaking with the help of an outline or note cards
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Correct Answer:
But sustaining a competitive advantage is challenging
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Correct Answer:
Depicts the steps it goes through to identify prospects and close sales
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Correct Answer:
Margin
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Correct Answer:
Natural work team
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Correct Answer:
Formally
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Correct Answer:
Accounting and financial management
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Correct Answer:
Real-time aspect
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Correct Answer:
Nineteenth century; interchangeable parts
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Correct Answer:
Dynamic
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Correct Answer:
Static
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Correct Answer:
Stochastic
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Correct Answer:
Where the organization wants to go
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Correct Answer:
Technological substitution
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Correct Answer:
Target audience
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Correct Answer:
Provide consistent punishment
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Correct Answer:
Full-service agency
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Correct Answer:
Cohesiveness and organizational commitment
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Correct Answer:
Time and place
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Correct Answer:
People-oriented
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Correct Answer:
Uses reward and coercive powers
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Correct Answer:
An organization's mission
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Correct Answer:
Kanban
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Correct Answer:
Product life cycle
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Correct Answer:
Standardization
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Correct Answer:
Value Chain Analysis
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Correct Answer:
Self-esteem¼ self-efficacy.
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Correct Answer:
Data safeguards
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Correct Answer:
Improved decision making
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Correct Answer:
Psychomotor tests
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Correct Answer:
A need
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Correct Answer:
Psychographic segmentation
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Correct Answer:
Can influence others and who has managerial authority
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Correct Answer:
Process
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Correct Answer:
Demand management
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Correct Answer:
Operational
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Correct Answer:
Single-use plans
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Correct Answer:
Product, repetitive
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Correct Answer:
Efficiency and responsiveness
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Correct Answer:
Executive orders
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Correct Answer:
Strategicplans
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Correct Answer:
No international boundarie
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Correct Answer:
Durable goods; nondurable goods
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Correct Answer:
Experts are not consulted as a group to make predictions
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Correct Answer:
Logical power
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Correct Answer:
Long-range
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Correct Answer:
Delegate important tasks to employees
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Correct Answer:
Flexible manufacturing
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Correct Answer:
Identifying and establishing brand positioning
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Correct Answer:
Instructions per cycle (IPC)
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Correct Answer:
Loyalty
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Correct Answer:
Profitability
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Correct Answer:
Each participating company can focus on its subpar products as well
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Correct Answer:
The assortment and variety increases
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Correct Answer:
Differential rate
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Correct Answer:
Low , more
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Correct Answer:
Involve operations that are repetitive
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Correct Answer:
Crash
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Correct Answer:
Automatic vending machines.
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Correct Answer:
High development costs
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Correct Answer:
Services
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Correct Answer:
Make-to-stock operations
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Correct Answer:
Production-oriented
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Correct Answer:
Conducting a needs analysis
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Correct Answer:
Transfers responsibility for the execution of a task or decision to someone else
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Correct Answer:
Job design
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Correct Answer:
Service guarantee
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Correct Answer:
File
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Correct Answer:
Select
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Correct Answer:
Handouts
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Correct Answer:
Risks cannot be eliminated
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Correct Answer:
Lack of personal interaction
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Correct Answer:
Justify the request or explain its importance
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Correct Answer:
Process.
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Correct Answer:
Provides high-quality problem solving
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Correct Answer:
Fixed Cost
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Which of the following would be a sensible response/sensible responses to a situation where a company finds that demand for its product is outstripping supply?
i)Start a waiting list.
ii)Decrease prices.
iii)Attempt to boost capacity.
Correct Answer:
i and ii only
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Some organizations monitor the 'societal effects' of their activities. What type of measure is it?
Correct Answer:
Outcome
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What does the term 'distribution chain' refer to?
Correct Answer:
A series of organizations involved in taking a product from the manufacturer to the consumer.
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Which of the following is NOT a stage in the 'Business Process Re-engineering Cycle'?
Correct Answer:
Reviewing, updating, analyzing 'to-be'
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Which of these is NOT generally associated with a 'Just-In-Time' approach to production?
Correct Answer:
Reduced motivation among workers.
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Which of the following is/are a reason/reasons for undertaking 'reverse engineering'?
i)To check that a product functions properly.
ii)To determine interoperability.
iii)To examine rival products.
Correct Answer:
ii and iii only
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Which of the following is NOT a benefit of 'hub and spoke' distribution?
Correct Answer:
It reduces the number of miles traveled by each item.
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Which of the following is NOT a feature of an effective organizational structure?
Correct Answer:
More managerial levels
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Which two of the following are used to calculate an 'efficiency ratio'?
i)profit margin
ii)expenses
iii)output
iv)revenue
Correct Answer:
ii and iv only
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Which of the following statements is/are true?
i)A firm may choose to subcontract where its capacity exceeds demand.
ii)Subcontracting is an effective way of ensuring a high-quality product.
Correct Answer:
Neither is true.
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Which of the following courses of action would NOT be a sensible response where capacity is being under-utilized due to lack of demand for products?
Correct Answer:
Increase production.
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Which of the following describes the term 'time-based management'?
Correct Answer:
Reducing the time taken to develop, launch and manufacture a product.
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What is reducing the number of levels within an organization's hierarchy known as?
Correct Answer:
Delayering
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Which of the following statements are true?
i)It is not necessary for all measures to be presented to the senior management.
ii)The more KPIs an organization has, the more effective its performance measurement system will be.
Correct Answer:
Only (i) is true.
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Which of the following is an 'output'-related measure?
Correct Answer:
The number of units produced per day
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A 'balanced ________' is a tool for evaluating organisational performance across the full range of factors.
Correct Answer:
scorecard
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Which of the following statements is/are true?
i)Prototypes should be constructed using the same manufacturing processes as are intended for the final product.
ii)The cost of producing a prototype will generally be higher than the unit cost of the final product.
Correct Answer:
Only (ii) is true.
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Which of the following is NOT a reason for selling products via wholesalers?
Correct Answer:
Higher prices can be charged by doing so than by selling directly to consumers.
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A company with 12 employees used to produce 600 units per week. Now with 16 employees, it produces 960 units per week. How much has each employee's productivity increased?
Correct Answer:
20%
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Which of the following methods would be used for the production of gas?
Correct Answer:
Continuous
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Which of the following terms relates to ensuring that different elements of product development are undertaken at the same time rather than consecutively?
Correct Answer:
'Simultaneous engineering'
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Which of the following is/are a variety/varieties of a 'prototype'?
i)Visual prototype
ii)Form study prototype
iii)Proof-of-principle prototype
Correct Answer:
All of the above
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Which of the following distribution methods would be best suited to reach the customers who are unable to visit shops and want a broad range of products?
Correct Answer:
Catalogue
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A factory currently produces 1000 units at a unit cost of $3. If doubling output will decrease production costs by 20%, how much would it cost to produce 2000 units then?
Correct Answer:
$4,800
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Which of the following is/are typically qualitative measures?
i)Profit margin
ii)Oral customer feedback
iii)Share price
Correct Answer:
ii only
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If a company invests in new equipment to make its production process more efficient, which of the following will be considered 'opportunity costs'?
i)The cost of the new equipment.
ii)The anticipated additional revenue.
iii)The alternative improvements for which the capital might have been used.
iv)The interest that could have been earned on the capital.
Correct Answer:
iii and iv only
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Which of the following terms refers to the comprehensive management of the flow of goods from the producer to the consumer?
Correct Answer:
Logistics
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Why would a design engineer perform 'structural analysis'?
Correct Answer:
To test what causes materials to fail.
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Which of the following statements is NOT true?
Correct Answer:
'Operations Research Techniques' can be effectively applied in many situations where the underlying variables cannot be quantified, e.g. situations involving human qualities and interpersonal relations.
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What is meant by the term 'industrial design'?
Correct Answer:
Making a mass-produced product aesthetically pleasing.
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Which of the following situations would NOT cause 'diseconomies of scale'?
Correct Answer:
Scarcity of raw materials
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Which of the following statements is/are correct?
i)'Time and Motion' studies seek to improve a process by increasing the number of steps involved.
ii)Decisions should be made only on the basis of quantitative data.
Correct Answer:
Neither is true.
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Which of the following is/are a disadvantage/disadvantages of gaining a quality award?
i)Loss of administrative time required to prepare and apply for certification.
ii)Increased requirement for record-keeping.
iii)Decreased brand image with customers.
Correct Answer:
i and ii only
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A factory can produce 1000 units per day but has only been able to produce 800 units due to a lack of skilled staff. What will its capacity utilization be after a 10% productivity increase?
Correct Answer:
88%
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What is the correct expansion of the acronym KPI?
Correct Answer:
Key Performance Indicator
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Which of the following is/are a benefit/benefits of introducing the 'kaizen' techniques?
Business
i)Increased staff motivation
ii)Reduced wastage
iii)More efficient processes
Correct Answer:
All of the above
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Which of the following statements is/are true?
i)Implementing 'team-based management' may reduce output.
ii)'Team-based management' is associated with the 'Theory X' approach.
Correct Answer:
Only (i) is true.
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Which of the following factors must be balanced against 'schedule' to assess the effectiveness of a process?
i)Quality
ii)Scale
iii)Cost
Correct Answer:
i and iii only
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Which of the following statements is/are true?
i)A capital intensive production process is one that involves a relatively-high proportion of labor.
ii)Training staff can be an effective method of boosting productivity.
Correct Answer:
Only (ii) is true.
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Which of the following is an alternative term for the 'Scalar Principle'?
Correct Answer:
Chain of Command
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Which of the following is an example of 'job' production?
Correct Answer:
Personalized birthday cakes
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Which one of the Maslow's hierarchy of needs would primarily be addressed by introducing 'team-based management'?
Correct Answer:
Social/belonging
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Which of the following statements is/are true?
i)Distribution channels refer only to physical products.
ii)Under 'selective distribution', only a very limited number of retailers are allowed to sell a product in order to maintain exclusivity.
Correct Answer:
Neither is true.
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Which of the following statements is/are true?
i)Companies should always seek to hold large quantities of unused stock to ensure that production is not interrupted.
ii)Service-based companies generally hold more stock than manufacturing-based ones.
Correct Answer:
Neither is true.
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Which of the following concepts developed by Dr Eliyahu Goldratt asserts that at any given time, there will be at least one factor hindering an organization's performance?
Correct Answer:
Theory of constraints
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Which of the following is a statistical measure of the ability of a process to deliver within the specification limits?
Correct Answer:
Process Capability Index
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Which of the following is NOT a stage in the product life cycle?
Correct Answer:
Infancy
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Organizations often outsource elements of their operations in order to improve profitability. Which of the following activities may NOT be outsourced�?
Correct Answer:
Core business
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Which of the following would NOT be addressed as part of a 'Quality' improvement initiative?
Correct Answer:
Target market
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Which of the following products would be most suited to transportation by an airplane?
Correct Answer:
Mail
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Which of the following is NOT part of the role of an industrial engineer?
Correct Answer:
Monitoring productivity
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To what does the term 'purchasing economies of scale' refer?
Correct Answer:
Where costs are reduced through bulk buying.
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Which of the following is a standard indicating a company's approach to 'quality'?
Correct Answer:
ISO 9000
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Which of the following is a potential problem /are potential problems associated with benchmarking?
i)It leads to increased production costs.
ii)Necessary information is difficult to obtain.
iii)Organizations may not be directly comparable.
Correct Answer:
i and iii only
i and iii only
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Who developed the fourteen key principles for transforming business effectiveness?
Correct Answer:
W. Edwards Deming
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Which of the following statements is/are true?
i)'Job' production is associated with low unit costs.
ii)'Job' production permits customers to request a particular specification.
Correct Answer:
Only (ii) is true.
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A situation where there is one intermediary organization between the manufacturer and the consumer is known as:
Correct Answer:
one-level channel
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The term 'cell production' refers to a situation in which:
Correct Answer:
production is divided into self-contained units undertaken by separate teams.
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Which of the following statements is/are true?
i)Increasing quality inevitably leads to higher production costs.
ii)Pareto charts show the values being plotted arranged in the ascending order
Correct Answer:
Neither is true.
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Which of the following statements is/are true?
i)'Economies of scale' can be used to increase market share without cutting profit margins.
ii)'Diseconomies of scale' may enable a company to achieve higher profit margins.
Correct Answer:
Only (i) is true.
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Which of the following is an example of a secondary industry?
Correct Answer:
Oil refining
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For targets to be effective, they should be 'SMART'. Which of the following is not part of the acronym 'SMART'?
Correct Answer:
Rigid
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Which of the following is the best characterization of a decentralized organization?
Correct Answer:
The staff enjoy significant discretion.
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A 'Just-In-Time' approach to production involves ________.
Correct Answer:
minimising the amount of unused stock.
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Comparing performance with high-performing competitors is known as:
Correct Answer:
benchmarking
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Which of the following initiatives would a company expect to reduce its defect rate?
i)Increased training of staff
ii)Introducing simultaneous engineering
Correct Answer:
Only (i)
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Which of the following is NOT a benefit of monitoring performance?
Correct Answer:
It reduces administrative costs
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Which of the following is NOT characteristic of a primary industry?
Correct Answer:
Products tend to be sold directly to consumers.
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What process would a design engineer use to ensure a product meets the user's specifications?
Correct Answer:
Requirements Management
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Under' Principles of Organization', what is meant by the expression 'Unity of Control'?
Correct Answer:
That each subordinate should have only one superior whose orders he has to obey.
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Which of the following statements is/are true?
i)Systems engineering relates only to the technical aspects of projects.
ii)IDEF0 is a modeling language for software engineering.
Correct Answer:
Only (ii) is true.
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The extent to which a company owns its suppliers and its buyers is known as:
Correct Answer:
vertical integration
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Which of the following elements of 'marketing mix' relates to distribution?
Correct Answer:
Place
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Which of the following statements is/are true?
i)A manufacturing organization's responsibility for its product ceases once it has been delivered to a retailer.
ii)'Service integration' refers to organizations forming partnerships to link their services.
Correct Answer:
Only (ii) is true.
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What does the term 'kaizen' refer to?
Correct Answer:
Continuous improvement
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Which of the following refers to an approach to reducing production costs developed by Toyota?
Correct Answer:
Lean production
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The phenomenon where, in the log run, unit costs increase as the production volume increases is known as:
Correct Answer:
Diseconomy of scale
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Which of the following statements is/are true?
i)The 'Six Sigma' methodology developed by Motorola is about reducing time to market.
ii)The 'Capability Maturity Model' relates specifically to software engineering.
Correct Answer:
Only (ii) is true.
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Which of the following is NOT an element in the 'Waterfall Model'?
Correct Answer:
Modification
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If a company is commissioned to build a bridge, it will use computer modeling as part of the design process. Which of the following would be benefits of computer modeling in this scenario?
i)It is cheaper than building physical models.
ii)It allows parameters to be rapidly adjusted and tested.
iii)It guarantees that the finished product will perform as intended.
Correct Answer:
ii only
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Correct Answer:
False
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False
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Inputs
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The suppliers
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binary
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Quality function deployment
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Output (Y)
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10
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Measurement
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Box and whisker plots
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occasionally
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Designing the operation’s products, services and processes
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Design
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A floppy disk that can only fit into a drive one way
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SigmaPRO
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Calculate the resulting RPN
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It ensures participants are all on the same page
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Process
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False
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One
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Prevention costs
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downstream
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The define phase
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Equipment at manufacturing facility
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Z
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To prevent process and product problems BEFORE they occur
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. +/- 1 standard deviation
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throughput yield
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a failure mode
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Franchising
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continuous process
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continuous; discrete
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Resulting RPM
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Review the process or product
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global strategy
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Testing a system's architecture
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Baselines
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4 - 7
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input
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False
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the process
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broad product line
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output
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The process you want to map
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upstream
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upstream
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Transactional
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Define the problem
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Costs
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False
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The Kolmogorov-Smirov statistic
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3.4
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JIT
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Occurrence
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Mistake proofing
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average time between failure and detection
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False
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F-test
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DMAIC
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the first pass yield
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Y
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Black box testing
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False
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Value failure
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Both as a supplier and as a customer.
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Process
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sales and marketing
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confidence intervals
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The range
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False
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False
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Repeatability
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severity x occurrence x detection
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integrated
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Resultant
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Severity, Occurrence, and Detection
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output
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few
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(Number of defects observed)/(Number of units inspected)
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All the ways a process or product can fail
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Factors
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Severity
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Cause
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Indenture levels
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a behavior chart
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multiple; multiple
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False
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Deciding which market areas to manufacture products for
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Gantt chart
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Histogram
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secure financial resources
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A cause and effect diagram
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X
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True
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process
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Growth, Maturity, Saturation, Decline
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True
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A well made car
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True
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Correct Answer:
True
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clear description of the issues that a team needs to address
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Correct Answer:
All of these
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all of these
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True
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clearly stating the beginning, end, and function of a process.
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All of these are included in the 10 steps
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ISO 9000
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Correct Answer:
True
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Correct Answer:
False
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Correct Answer:
True
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Strategy
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Correct Answer:
It depends on the context
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control limit
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Correct Answer:
three
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Correct Answer:
False
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Correct Answer:
The credit agency
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Correct Answer:
All of these
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Operations Management MCQs | Topic-wise