MGT613 New Quiz

 

Question # 10 of 10 ( Start time: 08:31:55 PM )            Total Marks: 1

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

Select correct option:

            Budgeting

            Capacity planning

            Inventory management

            Quality control

Question # 9 of 10 ( Start time: 08:30:30 PM ) Total Marks: 1

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

Select correct option:

            Delphi method

            Time series method

            Exponential smoothing

            Associative model

Question # 8 of 10 ( Start time: 08:30:09 PM ) Total Marks: 1

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

Select correct option:

            Capital

            Energy

            Labor

            Machine

Question # 7 of 10 ( Start time: 08:28:59 PM ) Total Marks: 1

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

Select correct option:

            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?

Select correct option:

            Delphi method

            Naïve forecast

            Associative model

            Judgmental forecast

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

Select correct option:

            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?

Select correct option:

            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?

Select correct option:

            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_________. 

Select correct option:

            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?

Select correct option:

            Product plant strategy

            Process plant strategy

            Market area plant strategy

            Cost conservation strategy

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MGT613 Solved Quiz

 

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

Other Quiz # 5

Quiz Start Time: 01:17 PM Time Left 90

sec(s)

Question # 1 of 10 ( Start time: 01:17:35 PM ) Total Marks: 1

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

Select correct option:

Master production scheduling

Aggregate plan

Inventory management scheduling

None of the above

Quiz Start Time: 01:17 PM Time Left 89

sec(s)

Question # 2 of 10 ( Start time: 01:19:08 PM ) Total Marks: 1

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

Select correct option:

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

Quiz Start Time: 01:17 PM Time Left 86

sec(s)

Question # 3 of 10 ( Start time: 01:20:40 PM ) Total Marks: 1

Which of the following is TRUE about a periodic review?

Select correct option:

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

Quiz Start Time: 01:17 PM Time Left 88

sec(s)

Question # 5 of 10 ( Start time: 04:25:06 PM ) Total Marks: 1

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

Select correct option:

Specify the sequential relationship among tasks.

Determine the required cycle time.

Determine the minimum number of workstations.

Determine the desired output

Quiz Start Time: 01:17 PM Time Left 89

sec(s)

Question # 6 of 10 ( Start time: 04:26:21 PM ) Total Marks: 1

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

Quiz Start Time: 01:17 PM Time Left 89

sec(s)

Question # 7 of 10 ( Start time: 04:27:17 PM ) Total Marks: 1

Technology has impacted the work place by:

Select correct option:

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

Quiz Start Time: 01:17 PM Time Left 89

sec(s)

Question # 8 of 10 ( Start time: 04:28:46 PM ) Total Marks: 1

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

Select correct option:

Measure

Evaluate

Correct

Monitor

Quiz Start Time: 01:17 PM Time Left 89

sec(s)

Question # 9 of 10 ( Start time: 04:29:21 PM ) Total Marks: 1

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

Select correct option:

(Q-2)H

(Q+2)H

(Q/2)H

(Q×2)/H

Quiz Start Time: 01:17 PM Time Left 88

sec(s)

Question # 10 of 10 ( Start time: 04:29:57 PM ) Total Marks: 1

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

Select correct option:

Lower management

Middle management

Top management

All the management levels

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MGT613 Quiz

 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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MGT613 Quiz # 4

Question # 1 of 15
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

Question # 2 of 15
Six Sigma is primarily centered towards all of the following except:

Cost cutting
Continuous improvement
Time saving
Quality improvement

Question # 3 of 15
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

Question # 4 of 15
Ali dialed Customer Service Representative of WARID who very friendly and sociably responded his queries. Which dimension of service quality is referred to in this example.

Responsiveness
Courtesy
Reliability
Convenience

Question # 5 of 15
Operations based strategy involves all activities except;

Supply chain management
Quick response to customer needs
Flexibility and inventory management
Identifying customer wants and needs

Question # 6 of 15
There is no inventory buildup when:

Usage rate exceeds production rate
Usage and production rates are equal
Production rate exceeds usage rate
Orders are frequently placed

Question # 7 of 15
_______ is the demand that occurs because the quantity required is a function of the demand for other items held in inventory

Dependent demand
Independent demand
Scheduled demand
None of the above

Question # 8 of 15
Planning is much easier and flexible in which of the following?

Manufacturing
Services
Production
Research and development

Question # 9 of 15
Which of the following is NOT MRP output?

Planned orders
Changes in dates and order
Order releases
Scheduled receipts

Question # 10 of 15
Lot sizing determines the ____ and ____ of order quantity

Timing, date
Date, size
Timing, size
Size, price

Question # 11 of 15
Which of the following time fences in a Master Production Schedule (MPS) allows many variations in products with multiple changes?

Fixed time fence
Moderately firm time fence
Frozen time fence
Flexible time fence

Question # 12 of 15
Which ONE of the following forms a bridge between two islands of Engineering and Management?

Production Engineering
Operations Management
Industrial Management
Operations Engineering

Question # 13 of 15
In six sigma process, ________ stage comes after the “Analyze” stage

Control
Improve
Choose
Monitor

Question # 14 of 15
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

Question # 15 of 15
Which one of the following is the final stage of product life cycle?

Growth
Decline
Maturity
Planning


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MGT613 Quiz # 3

Question # 10 of 10 ( Start time: 08:07:52 PM )            Total Marks: 1

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

Question # 9 of 10 ( Start time: 08:06:34 PM ) Total Marks: 1

G.S.Radford demonstrated the connections between: 

Select correct option:

            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

Question # 8 of 10 ( Start time: 08:06:00 PM ) Total Marks: 1

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

Select correct option:

            Cycle

            Trend

            Seasonality

            Random variation

Question # 7 of 10 ( Start time: 08:04:49 PM ) Total Marks: 1

Which of the following denotes EOQ?

Select correct option:

            Economic Order Quantity

            Equal Order Quantity

            Economic Output Quantity

            Equal Output Quantity

Question # 6 of 10 ( Start time: 08:03:31 PM ) Total Marks: 1

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

Select correct option:

            +/- 1

            +/- 3

            +/- 4

            +/- 5

Question # 5 of 10 ( Start time: 08:02:08 PM ) Total Marks: 1

___________ is a philosophy of continually seeking ways to improve operations

Select correct option:

            Poke – yoke

            Kaizen

            Robustness

            Quality deployment

Question # 4 of 10 ( Start time: 08:00:47 PM ) Total Marks: 1

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

Select correct option:

            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

Question # 3 of 10 ( Start time: 07:59:26 PM ) Total Marks: 1

Lot sizing determines the ____ and ____ of order quantity 

Select correct option:

            Timing, date

            Date, size

            Timing, size

            Size, price

Question # 2 of 10 ( Start time: 07:58:03 PM ) Total Marks: 1

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

Select correct option:

            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

Question # 1 of 10 ( Start time: 07:56:37 PM ) Total Marks: 1

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

Select correct option:

            Periodic review of inventory

            Economies in shipping orders

            Fixed order quantity

            Low cost of record keeping

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MGT613 Quiz # 3

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MGT613 Quiz # 2

 

Question # 10 of 10 ( Start time: 02:30:29 AM )           Total Marks: 1

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

Question # 9 of 10 ( Start time: 02:29:02 AM )             Total Marks: 1

How can you compute the cost of subcontracting?

Select correct option:

            Subcontracting cost per unit – subcontracted quantity

            Subcontracting cost per unit + subcontracted quantity

            Subcontracting cost per unit × subcontracted quantity

            Subcontracting cost per unit /subcontracted quantity

Question # 8 of 10 ( Start time: 02:27:42 AM )             Total Marks: 1

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

Select correct option:

            Cost cutting

            Continuous improvement

            Time saving

            Quality improvement

Question # 7 of 10 ( Start time: 02:26:25 AM )             Total Marks: 1

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.

Question # 6 of 10 ( Start time: 02:24:53 AM )             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 # 5 of 10 ( Start time: 02:23:31 AM )             Total Marks: 1

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

Select correct option:

            Capital productivity

            Multifactor productivity

            Partial productivity

            Total productivity

Question # 4 of 10 ( Start time: 02:22:04 AM )             Total Marks: 1

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

Question # 3 of 10 ( Start time: 02:21:25 AM )             Total Marks: 1

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

Select correct option:

            Q = FC / (R + VC)

            Q = VC / (R + FC)

            Q = VC / (R - VC)

            Q = FC / (R - VC)

Question # 2 of 10 ( Start time: 02:20:00 AM )             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

Question # 1 of 10 ( Start time: 02:18:37 AM )             Total Marks: 1

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? 

Select correct option:

            Regression charts

            Pareto charts

            Control charts

            Histograms

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MGT613 Ass # 2

 

Sample number	No. Of Defectives	(b)Sample Proportion defective (p)
1	16	0.005333333
2	13	0.004333333
3	20	0.006666667
4	3	0.001
5	18	0.006
6	6	0.002
7	26	0.008666667
8	9	0.003
9	8	0.002666667
10	24	0.008
11	14	0.004666667
12	5	0.001666667
13	12	0.004
14	19	0.006333333
15	18	0.006
	211	0.070333333

a. Find out average population proportion defective which would be the central line on

P-chart (p) i.e. total defectives/ sample size*weeks

p = 211 / (300 * 15)

= 211 / 45000

p = 0.004688889

p = 0.00469 (Approximate)

c. Calculate standard deviation of distribution of proportion defective (σp) using the formula

σp = √ p (1– p)/n. Where n= sample size.

= √ 0.00469 (1 – 0.00469) / 3000

= √ .000001556

= .001247397

σp = .00125

d. Find out upper control limit (UCL) and lower control limit (LCL) using the formula

(UCL p = p + zσ p and LCL p = = p - zσ p )

Use three sigma control limits (z=3)

1) UCL p = p + zσ p

= .00469 + 3 (0.00125)

UCL p = .00844

2) LCL p = p - zσ p

= . 00469 - 3 (0.00125)

LCL p = .00094

e. On the basis of above data construct a p-chart taking sample numbers on x-axis and sample proportion defective (p) on y-axis.

f. Which sample number is showing the highest proportion of defective? Is the process still in control? Analyze the trend in chart.

In the above diagram the sample no.7 is the highest value and this value is out of the upper and the lower limit

UCL p = .00844 and LCL p = .00094

High proportion of the defect is Value = .0087

That’s why we can say that the process is not through the statistical process.

Note...plzz dont copy past material: mera b Zero ah Jay ga

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MGT613 ASS Style

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