Question:

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:

A.

SCM

B.

TQuestion:

C.

Lean Production

D.

Just-In-Time

Answer» c. Lean Production

Question:

The lead-time is the time:

A.

To place holders for materials

B.

Time of receiving materials

C.

Time between receipt of material and using materials,

D.

Time between placing the order and receiving the materials

Answer» d. Time between placing the order and receiving the materials

Question:

For a marketing manager, the sales forecast is:

A.

Estimate of the amount of unit sales or a specified future period

B.

Arranging the sales men to different segments of the market

C.

To distribute the goods through transport to satisfy the market demand

D.

To plan the sales methods.

Answer» a. Estimate of the amount of unit sales or a specified future period

Question:

Identify which one of the following statement is NOT correct?

A.

Preventing maintenance includes lubrication, cleaning, periodic overhaul, etc.

B.

The two types of cost-cost of premature replacement and cost of breakdownneed to be balanced.

C.

Wear and obsolescence are the two main causes of replacement of machinery in every aspect of life.

D.

A machine is technically obsolete when another machine can do the same job more efficiently with reduced time and also at a lower cost.

Answer» a. Preventing maintenance includes lubrication, cleaning, periodic overhaul, etc.

Question:

One of the important production documents is:

A.

Design sheet of the product

B.

List of materials

C.

Route card

D.

Control chart

Answer» c. Route card

Question:

Preferred numbers are used to:

A.

To determine the number of varieties that are to be manufactured

B.

To the test the design of the product

C.

To ascertain the quality level of the product

D.

To evaluate the production cost.

Answer» a. To determine the number of varieties that are to be manufactured

Question:

The first stage in production planning is:

A.

Process planning

B.

Factory planning

C.

Operation planning

D.

Layout planning

Answer» b. Factory planning

Question:

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

A.

Product design and product-mix

B.

Quantity and quality capabilities

C.

Facilities

D.

None of the above

Answer» d. None of the above

Question:

The scope of Production Planning and Control is:

A.

Limited to Production of products only

B.

Limited to production of services only

C.

Limited to production of services and products only

D.

Unlimited, can be applied to any type of activity.

Answer» d. Unlimited, can be applied to any type of activity.

Question:

Addition of value to raw materials through application of technology is:

A.

Product

B.

Production

C.

Advancement

D.

Transformation.

Answer» b. Production