Monday, January 23, 2012

Operations Management Quiz - 4

1. Which of the following arguments for “protection” is given to compensate the country for loss in revenue when price elasticity of import demand is greater than zero?
[A]Home-market argument
[B]Employment argument
[C]Terms-of-trade argument
[D]Keep-money-at-home argument

2. Indian Space Research Organization (ISRO), which is involved in space research, manufacturing of rockets and other related works, may involve which of the following types of Facility Layout?
[A]Service Facility Layout
[B]Fixed Position Layout
[C]Grouping Technology Layout
[D]Product Layout

3. In a big hospital like Seba, the lower-level managers have been arguing for some time that a large amount of nurses’ hospital time is spent on non-nursing activities. This has resulted in increased hospital costs, because nurses’ wages are the highest single cost in the operation of the hospital. Which of the following Work Measurement Techniques will be the most appropriate and economical to use by the top management to verify the above argument?
[A]Time Study
[B]Predetermined Motion Times
[C]Work Sampling
[D]Standard Data

4. Which of the following is/are advantage(s) of Cellular Manufacturing?
[A]It is economical only for those parts that possess a degree of standardization and are produced in moderate size batches
[B]Production Planning and Control is simplified
[C]Machine changeover times between batches of parts are considerably reduced
[D]Both (b) and (c) above

5. Which of the following is a system output for Materials Requirement Planning?
[A]Master Production Schedule
[B]Change Report
[C]Bills of Material File
[D]Inventory Records File

6. Which of the following statements is false with respect to Inventory Systems?
[A]In Fixed Order Quantity Inventory System, inventory records are updated every time the materials are added to or removed from inventory
[B]Demand for inventories over a period of time is assumed to be constant in Fixed Order Quantity Inventory System
[C]Fixed Order Period Inventory System has a lower average inventory compared to Fixed Order Quantity Inventory System
[D]Orders are placed at equal intervals of time in Fixed Order Period Inventory System

7. Stationery, cleaning materials and lubricants which are used in operation of an organization, form part of
[A]Raw materials
[C]Finished products

8. In Bhabha Atomic Research Centre (BARC), workers use robots to shift radioactive materials like Uranium and Plutonium. The most appropriate examples of these types of robots are
[A]Numerical control robots
[B]Fixed-sequence robots
[C]Variable- sequence robots
[D]Physically operated robots

9. Which of the following items is/are examined in the Quotations obtained from suppliers?
[A]Cost only
[B]Delivery Charges
[C]Discount Structure and other Supplementary Charges like Taxes Payable
[D]All of the above

10. Which of the following is not a specific tool of Total Quality Management (TQM)?
[B]Quality Circle
[C]Quality Improvement Team
[D]Gantt Chart

11. Which of the following is not true about Business Process Reengineering (BPR)?
[A]It is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvement in critical, contemporary measures of performance such as cost, quality, service and speed
[B]It revolves around Information Technology (IT) and continuous change
[C]It involves constant refinement of an organization’s changing needs
[D]BPR makes companies more employee-focused

12. A tractor manufacturing company uses infrared imaging to examine the problem areas identified without dismantling the machine, so that the extent of damage can be determined before stopping the machine. This is an example of
[A]Remedial Maintenance
[B]Predictive Maintenance
[C]Centralized Maintenance
[D]Decentralized Maintenance

13. Which of the following types of layout is commonly used for JIT Manufacturing?
[C]Straight line
[D]Comb arrangement

14. Which of the following statements is not true regarding Product Life Cycle?
[A]The first stage in the life cycle of a product is Introduction stage
[B]In the Introduction stage, sales begin as a result of intense promotion and other marketing efforts, and profits are either less or negative
[C]In the growth stage, there is a high growth rate in the sales volume and organizations emphasize on production capacity expansion
[D]The activities in the Operations Department that are related to the product development and design are more intense in the later stages of the Product Life Cycle.

15. Rewinding of an electrical motor is normally planned for 20 days in an electrical workshop. At the end of tenth day it is observed that job progress is equivalent to 9 days job, and another 11 days will be required to complete this job. The critical ratio (CR) for this job is

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