Operations and Material Management UPES MCQ with answer 7th Practice Set

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Question: If two potential suppliers can deliver a part with the same quality and prices, the selection should be based on:
Question: Orders are processed in the sequence in which they arrive if (the) ~*~ rule sequences the jobs.
Question: A defined decision procedure by rule of thumb is called
Question: Flow of raw materials is in lots in
Question: This is a location selection model based on cost of production
Question: In job shop (make-to-order) operations, the master production schedule is usually expressed in terms of
Question: The ratio of good output to quantity of raw material input is called
Question: Sequencing (or dispatching)
Question: In the 1970’s and 1980’s in the USA, organizations concentrated on:
Question: Given forecast errors of 5, 0, – 4, and 3, what is the bias?
Question: If the average number of defects is 9, the lower control limit in a c chart is
Question: Motivation is a result of
Question: Exploding the bill of materials means
Question: Unique attributes of firms that give them a competitive edge are called __.
Question: In the past, a significant reason why U.S. productivity was the highest in the world was high:
Question: Flow time represents the time
Question: Purchase involves
Question: The MPS calls for 110 units of Product M. There are currently 30 of Product M on hand. Each M requires 4 of Component N. There are 20 units of N on hand. The gross requirements for N are
Question: When the flow of materials is variable,
Question: Sequence of data points that are measured typically at successive times at regular time intervals is known as:
Question: In exponential smoothing model, a denotes:
Question: Effective capacity is generally
Question: Which of the following ensures that the design meets the performance characteristics that are specified in the product concept?
Question: Early adopters are innovative organizations that derive a great deal of their success from leading change
Question: Size of site is a factor for territory selection
Question: Make or buy decision is a part of maintenance function
Question: Inventory is considered in ROI
Question: BOM is not a component of MRP
Question: Expected payoff is equal to the highest payoff for an alternative in the environment of risk
Question: Tracking signal is used to monitor the suitability of forecasting technique
Question: Service operations require additional inventory because of the unpredictability of consumer demand.
Question: A mission statement should provide a guide for the formulation of strategies for the organization.
Question: Vary size of inventory is a pure planning strategy for varying demand
Question: Organizations that are capable of responding quickly to changing requirements can use a shorter forecast horizon and therefore benefit from more accurate forecasts.
Question: The shorter the forecast period, the more accurately the forecasts tend to track what actually happens.
Question: Which of the following is a major disadvantage of the Matrix method of project management?
Question: JIT results in inventory reduction

MCQ Practice set of Operations and Material Management for UPES

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