Quiznetik

Operations Management and Strategic Management | Set 2

1. The recent trend in the Production/Operations management which suggests the use of minimal amount of resources to produce a high volume of high quality goods with some variety is referred to as:

Correct : C. Lean Production

2. Effective capacity can NOT be determined by which of the following factors?

Correct : D. None of the above

3. In which of the following stages the management should try to change its approach by changing its strategy from "buy my product" to "try my product"?

Correct : B. Growth

4. Conducting occasional check-ups of the products manufactured or assembled to ensure high quality of the production is known as:

Correct : C. Inspection

5. Which one of the following standards is associated with the "Quality Assurance in Final Inspection Test"?

Correct : C. ISO 9003

6. With reference to project management, identify which of the following statement is NOT correct?

Correct : D. The free float can be calculated by subtracting EFT from EST.

7. Identify which one of the following statement is NOT correct?

Correct : A. Preventing maintenance includes lubrication, cleaning, periodic overhaul, etc.

8. To determine where the plant should be located for maximum operating economy and effectiveness, refers to which one of the following?

Correct : B. Facility location

9. Which of the following models deals with the physical movement of goods from different supply origins to a number of different demand destinations?

Correct : B. Transportation

10. One of the objectives of maintenance is:

Correct : D. to extend the useful life of Plant & Machinery without sacrificing the level of performance

11. Which one of the following recent trends in Production/Operations management involves drastic measures or break through improvements to improve the performance of a firm?

Correct : B. Re-Engineering

12. Which of the following process types is used when a very highly standardized product is desired in high volumes?

Correct : D. Continuous Process

13. Which of the following aims at finding the best and most efficient way of using the available resources—men, materials, money and machinery?

Correct : B. Work Study

14. Which one of the following statements is NOT correct?

Correct : B. Slack can be calculated by adding EFT and LFT of any job.

15. Which one of the following is NOT the advantage of Preventive Maintenance?

Correct : C. Increased breakdowns and downtime

16. Which one of the following establishes time sequence of operations?

Correct : C. Scheduling

17. With reference to Aggregate Planning, identify which of the following statements is NOT correct?

Correct : D. It deals with the strategic decisions, such as purchase of facilities, introduction of new products, processes, etc.

18. In route sheet or operation layout, one has to show

Correct : C. Every work center and the operation to be done at that work center.

19. Conversion of inputs into outputs is known as

Correct : D. Operation management

20. Which of the following is NOT the Plant Layout Principle?

Correct : C. Principle of maximum travel

21. Which one of the following standards is associated with the “Quality Management and Quality System Elements-Guidelines”?

Correct : D. ISO 9004

22. In a network diagram, the activity that must be completed prior to the start of an activity is called as

Correct : B. Predecessor activity

23. Identify which one of the following is NOT the objective of the maintenance:

Correct : C. To keep the down time of the machine at the maximum.

24. With reference to the characteristics of a good product design, which one of the following is referred to “the ease of manufacture with minimum cost”?

Correct : B. Productibility