SUPPLY CHAIN MANAGEMENT- Production and Operations Management MCQs with answers
Production and Operations Management MCQs with answers
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Are you a student looking to hone your knowledge in the field of Production and Operations Management? Or perhaps you are a professional looking to refresh your memory regarding concepts you learned in your studies?
Regardless of who you are, if you’re searching for multiple-choice questions (MCQs) on the subject, then this article is an excellent resource. In it, you will find a range of MCQs that cover all aspects related to Production and Operations Management.
Production and Operations Management
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What is Production and Operations Management?
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Production and operations management (POM) is a field of study that deals with the efficient planning, organizing, and controlling of the processes used in manufacturing goods or delivering services.
The primary objective of POM is to ensure that organizations can produce their products and services efficiently while providing high-quality goods and services to customers. This involves managing resources such as labor, materials, machinery, and technology.
In other words, production and operations management is all about ensuring that an organization’s manufacturing or service delivery processes are streamlined for optimal efficiency. This includes everything from sourcing raw materials to final product delivery.
It also involves monitoring production schedules, quality control measures, inventory management systems, supplier relationships, logistics issues, and more.
Ultimately, production and operations management plays a crucial role in any organization’s success by improving process efficiency while minimizing costs.
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The “Capitals costs” is.
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Ans: Capital costs are an essential consideration for any business that intends to expand or invest in new projects. The term refers to the expenses incurred to acquire and maintain assets such as buildings, equipment, and machinery. Companies often face challenges when it comes to evaluating the capital investment return, which is why understanding how capital costs work is crucial.
One of the critical factors that affect capital costs is the type of asset being acquired. Some assets require significant investments while others may be less expensive.
Additionally, companies must consider factors such as maintenance expenses, depreciation rates, and potential resale value when calculating their overall capital cost outlay.
Another factor that affects capital costs is financing options. Businesses can choose between various funding sources such as loans, equity financing or leasing arrangements when acquiring new assets. Each option has unique advantages and disadvantages depending on a company’s financial situation and long-term goals.
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Production and Operations Management MCQs
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1. Production Management starts with-
a. Aggregate planning
b. Average planning
c. Strategy formulation
d. None of the above
Answer: (a)
2. Job descriptions are important too.
a. Select the personnel
b. Train the personnel
c. Deploy the personnel
d. All of the above
Answer: (d)
3. It is defined as the number of orders to be picked simultaneously by a picker in an assignment.
a. Order picking
b. Order extent
c. Coverage extent
d. Both a & b
Answer: (b)
4. “Capitals Costs” is.
a. Recurring
b. Non-recurring
c. Occurring
d. Non-occurring
Answer: (b)
5. Strategies are formulated based on the ___ of the organization and the environment in which it is carrying on the business.
a. Mission
b. Objectives
c. Vision
d. Goals
Answer: (a)
6. ___ is at the core of all strategies.
a. Resources
b. Operations
c. Competitiveness
d. Manpower
Answer: (c)
7. Customers come and stay because of this factor.
a. Quality
b. Time
c. Flexibility
d. All of the above
Answer: (a)
8. A ___ is the result of a decision taken at the highest level.
a. Corporate strategy
b. Business strategy
c. Operations strategy
d. Management strategy
Answer: (b)
9. ___ has become fundamental for an organization’s existence.
a. Customized product
b. Variability in product
c. Cost-effectiveness
d. Assurance of quality
Answer: (d)
10. ___ means the positioning of various types of equipment, pieces of machinery, departments facilities to maximize productivity and space utilization.
a. Layout
b. Blueprint
c. Portfolio
d. Mapping
Answer: (a)
11. In this method, the various factors are given ratings depending upon the perception of the management.
a. Factor rating method
b. Rating plan method
c. Point rating method
d. Break-even analysis
Answer: (b)
12. Elements of the second category of resources are.
a. Processes
b. Technology
c. Technique
d. All of the above
Answer: (d)
13. ___ specific activities & procedures adopted using data for determining a particular aspect of quality for arriving at decisions that are conclusive.
a. Processes
b. Techniques
c. Methodologies
d. Strategies
Answer: (b)
14. Quality Loss function.
L = C (X-T)2 was developed by
a. Crosby
b. Juran
c. Taguchi
d. Deming
Answer: (c)
15. ___ deals with the conversion of the logical model into the relational model.
a. Business model
b. Business process
c. Physical modeling
d. None of the above
Answer: (c)
16. It focuses upon the needs of the business, its activities, its flow, and the data entities they create and are defined.
a. Logical modeling
b. Relational modeling
c. Physical modeling
d. Business modeling
Answer: (a)
17. ___ is the complete set of tasks, techniques, tools applied during project execution.
a. Control function
b. Quality control
c. Project management
d. Evaluation & assessment
Answer: (c)
18. A ___ consists of the various activities of operations, resources, and the limitations imposed on them.
a. Project cycle
b. Project
c. Process
d. Project management
Answer: (a)
19. ___ and ___ need to see each project schedule, priority, and use of resources to determine the most efficient use across the organization.
a. Project manager, department manager
b. Project leader, project manager
c. Project leader, the project team
d. Project manager, the project team
Answer: (a)
20. Structure planning based on.
a. Project management life cycle
b. Project
c. Project management
d. Process of the project
Answer: (a)
21. This is the initial phase of any project.
a. Marketing phase
b. Analysis and evaluation phase
c. Design phase
d. Execution phase
Answer: (b)
22. ___ is necessary to control the increase of work at various stages of the project and to manage effect effectively the disruptions in the stages.
a. Controlling
b. Change management
c. Change control
d. None of the above
Answer: (c)
23. Rank the risk based on the probability and effect on the project.
a. Risk prioritizing
b. Risk mitigation
c. Risk control
d. Risk assessment
Answer: (a)
24. A project management information system holds.
a. Schedule
b. Scope changes
c. Risk assessment & results
d. All of the above
Answer: (d)
25. The perception of a manager in current trends in project management is.
a. To obtain the result
b. To satisfy customers
c. To develop business
d. To exploit resources
Answer: (a)
26. “Management Assurance Measure” is performed by the.
a. Project manager
b. Project team
c. Project leader
d. Quality team
Answer: (c)
27. These models form the bulk of the supply chain literature, and typically deal with the more operational and tactical decisions.
a. Rough cut methods
b. Network design methods
c. Supply chain modeling
d. Production decision model
Answer: (a)
28. The supply chain involves.
a. Location
b. Inventory
c. Transportation
d. All of the above
Answer: (d)
29. Who has given this statement.
“An integrated process where raw materials are transformed into final products then delivered to customers.”
a. Berry (1995)
b. Beamon (1999)
c. Ganeshan & Harrison (1999)
d. None of the above
Answer: (b)
30. ___ it is a dynamic system of inters connected and interdependent individuals, groups, companies, organizations, and relationships aimed at satisfying the customers.
a. SCM
b. ISCM
c. PMIS
d. HRP
Answer: (a)
31. ___ activities involved in delivering the products to the final customers.
a. Upstream supply chain
b. Internal supply chain
c. Downstream supply chain
d. External supply chain
Answer: (c)
32. This model assumes that the one product that passes through the dedicated lines has all tasks times known.
a. Single Model Deterministic (SMD)
b. Single Model Stochastic (SMS)
c. Multi Model Deterministic (MMD)
d. Mixed Model Stochastic (MMS)
Answer: (a)
33. In ___, the body is studied as if it were a machine.
a. Human Engineering
b. Both a & b
c. Ergonomics
d. None of the above
Answer: (b)
34. Communication right through the ___ helps in reading reducing inventions and keeping flow lines smooth.
a. Suppliers
b. Customer
c. Supply chain
d. Manufacturer
Answer: (c)
35. In the Japanese Language “Kanban” means.
a. Visible card
b. Signal
c. Continuous improvement
d. Both a & b
Answer: (d)
36. ___ is a system that lays emphasis on achieving cost efficiencies by the principles of waste reduction.
a. SCM
b. JIT
c. Shop floor management
d. TPM
Answer: (b)
37. Every unnecessary component every unwanted operation has to b eliminated for ___.
a. Economizing
b. Value engineering
c. Evaluation
d. Quality control
Answer: (a)
38. The main thrust of value engineering is on.
a. Quality
b. Timely delivering
c. Least price
d. All of the above
Answer: (d)
39. It is a methodology by which we try to find substitutes for a product or an operation.
a. Value engineering
b. Value analysis
c. Both a & b
d. Pre-sourcing
Answer: (c)
40. ___ represents a physical system in a mathematical form so that by changing the variables, depending on the factors under consideration, we will be able to predict the effect on the outcomes.
a. Curve
b. Model
c. Sample
d. Graphs
Answer: (b)
41. Technological changes have to be accommodated both as ___ and ___ for development to be abreast of the global environment.
a. Challenges, opportunities
b. Challenges, threats
c. Opportunities, threats
d. None of the above
Answer: (a)
42. In the ___ method, production capacity is adjusted to match the forecast demand and in the ___ method, production capacity is adjusted to match the forecast demand by varying the level of the workforce.
a. Production management, production control
b. Matching demand, level capacity
c. Inventory management, estimating
d. None of the above
Answer: (b)
43. Measurement of time required for any task is arrived by ___ and ___ methods.
a. Motion study, work measurement
b. Work-study, motion study
c. Work measurement, work-study
d. Time management, scheduling
Answer: (a)
44. Different methods of training are employed depending upon the ___ and ___.
a. Need, time
b. Time, budget
c. Both a & b
d. Development policy
Answer: (c)
45. Computer Integrated Manufacturing includes ___ and ___ activities.
a. Engineering design, production planning
b. Shop control, order processing
c. Material control, distribution
d. All of the above
Answer: (d)
46. ___ is nonrecurring and ___ is recurring.
a. Capital cost, operating cost
b. Overhead cost, the initial cost
c. Operating cost, capital cost
d. Incidental cost, labor cost
Answer: (a)
47. Failure of the split-case order assembly and package systems occurs due to ___ and ___.
a. Capital cost, labor cost
b. Tote sorting, item sorting
c. Picking cost, packaging cost
d. On-line storage, increased productivity
Answer: Tote sorting, item sorting
48. Advanced methodologies of mechanization help in improving ___ and reducing ___.
a. Quality, cost
b. Quality, time
c. Quality, movement
d. Both a & b
Answer: (c)
49. The main core processes of an organization are.
a. Customer relationship and supplier relationship
b. Order fulfillment
c. New product/service development
d. All of the above
Answer: (d)
50. Simulation models are used to predict utilization of ___ and ___.
a. Machines, production levels
b. Man, machines
c. Machines, materials
d. Both b & c
Answer: (a)
51. a production system model consists of ___.
a. Inputs and Process
b. Output and Feedback
c. Control and Environment
d. All of the above
Answer
Answer: (d)
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Conclusion
Production and Operations Management MCQs with answers has provided readers with a helpful guide to better understand the concepts related to this field.
It serves as an excellent resource for anyone looking to gain a better sense of the subject, whether they are starting out or looking to brush up on their knowledge.
The MCQs are an ideal way to understand production and operations management topics in more depth, as well as test one’s understanding.
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PROFESSOR PRAVEEN KUMAR
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