Question # 1 of 10 Total Marks: 1
To make operations strategy effective it should be:
Select correct option:
Independent of the organization’s strategy
Consistent with the organization’s strategy
Developed by a first line manager
Independent of time dimension
Question # 2 of 10 Total Marks: 1
Which one of the following forms of productivity has units of output per dollar input?
Select correct option:
Capital
Energy
Labor
Machine
Question # 3 of 10 Total Marks: 1
Which one of the following layout type is associated with a supermarket?
Select correct option:
Fixed Position layout
Process layout
Product layout
Cellular layout
Question # 4 of 10 Total Marks: 1
Lot sizing determines the ____ and ____ of order quantity
Select correct option:
Timing, date
Date, size
Timing, size
Size, price
Question # 5 of 10 Total Marks: 1
Which one of the following is TRUE about work sampling?
Select correct option:
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
Question # 6 of 10 Total Marks: 1
Which of the following mathematical expressions can be used to compute total annual cost?
Select correct option:
(Q/H) 2 + (D/Q) S
(Q/2)S + (D/Q) H
(Q/2) H + (D/Q) S
(Q/2) H - (D/Q) S
Question # 7 of 10 Total Marks: 1
Demand options are focused on which of the following?
Select correct option:
Hiring / layoff options
Backorders
Subcontracting
Matching demand period by period
Question # 8 of 10 Total Marks: 1
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?
Select correct option:
Rs. 202
Rs. 100
Rs. 198
Rs. 400
Question # 9 of 10 Total Marks: 1
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at an automobile paint shop discovers that the paint on the car has a poor finish, the car may have to be completely rescinded and repainted.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.
Select correct option:
Internal failure cost
External failure cost
Appraisal cost
Prevention cost
Question # 10 of 10 Total Marks: 1
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.
Select correct option:
Simple moving average
Delphi method
Trend adjusted forecast
Naïve forecast
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