MGT613 - Production / Operations Management VU Midterm Current Paper (May 2011)
Saturday, May 14, 2011 Posted In .Midterm May 2011 Edit Thissubjective:
2 question were 3 marks
2 question were 5 marks
subjective paper was
why some multinational corporations feel the globalization is not a good option? 5 marks
disadvantage of process layout 3 marks
automation system 3 marks
one was numerical (utilization and) 5 marks
Subjective questions are as follow.
1. Functions of Research and development Department.
2. Best Quality of Jobs.
3. Compute utilization and Facility.
4. In question Mean deviation and confidence are mentioned of two employees are provided and required compare their confidence.
Another Paper:
►Operation Management
►Operation/production Management
►Operation/Research Management
►Production/Research Management
What would be the productivity if a machine produced 50 units in 3 hours?
►0.066 units per hr
►16.66 units per hr
►6.766 units per hr
►60.66 units per hr
Which of the following statements describes an order-qualifier characteristic?
►A competitive dimension used to make final decision among competitors
►A factor which directly and significantly contribute to winning business
►A factor which increases the profitability of the organization
►A factor perceived as a minimum standard as a potential for purchase
Which of the following refers the way an organization chooses to produce its good or services?
►Process selection
►Process reengineering
►Process redesign
►Process design
In order to comply with the environmental standards, an organization implement Occupational Safety Hygiene Administration (OSHA) following is a way to accomplish this task?
►Promoting friendly relations among employees
►Installing safety guards and devices to reduce the risk
►Installing machinery to make the process speedy
►Installing machinery that provides cost effective output
Which one of the following decision is NOT made by operations managers?
► How much capacity is required to balance demand?
► What should be the location and layout of a facility?
► How to improve operational efficiency?
► Which market areas to manufacture the products for?
Which one the following formula or function can be used to measure the performance?
► Flexibility + profit+ operations
► Work + profit + value
► Quality + speed + flexibility
► Profit + Incentives + standards
Which one of the following is a limitation of a moving average having a trend?
► The forecast lags behind the actual
► The forecast represents demand more accurately
► The forecast will not be accurate
► The forecast will not be reliable
As a manager, you have defined the purpose of the forecasts. What should be the next step in forecasting process?
► Choose a forecasting technique.
► Determine the purpose of the forecast.
► Set up a time horizon or a time limit.
► Collect and analyze the appropriate data
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
Within the operations function, which one of the following is a long-term management decision?
► Control decision
► Non-operational decision
► Strategic decision
► Tactical decision
Which of the following is NOT usually considered a general characteristic of a service?
► Production and sales cannot easily be separated functionally
► Many services involve both tangible and intangible outputs
► Production and consumption can always be separated
► Degree of customer contact is high
.
Which one of the following correctly explains the quantitative forecasting technique?
> It consists mainly of numerical descriptions and resist subjective inputs of
managers.
> It consists mainly of subjective inputs and resist particular numerical descriptions.
> It consists mainly of subjective inputs and resisit human factor, personal opinions.
> It consists mainly of analyzing objective and hard data and resist human factor,opinion.
Which one of the following is a limitation of a moving average having a trend?
> The forecast lags behind the actual
> The forecast represents demand more accurately
> The forecast will not be accurate
> The forecast will not be reliable
Which one of the following statement is TRUE about cost-volume relationship?
> It represents the relationship between cost, revenue and volume of output.
> It represents the relationship between cost and volume of output.
> It represents the relationship between cost and revenue.
> It represents the relationship between inputs, cost and volume of output.
What would be the required cycle time for a process that operates 9 hours daily with a desired output of 300 units per day?
> 0.03 minutes
> 1.8 minutes
> 2700 minutes
> 291 minutes
I don’t know his mcq answer is 0.03 or 1.8 but I did do the 1.8
Which one of the following operating levels is best with respect to capacity?
> The maximum point of the cost curve
> The level of capacity for which average unit cost is minimized
> The level of capacity for which average unit cost is maximized
> The level of capacity for which total cost is minimized
Which one of the following is NOT a business application of forecasting?
> Budgeting
> Capacity planning
> Inventory management
> Quality control
Which one of the following involves completing a series of questionnaires each developed from the previous one, to achieve a consensus forecast?
► Consumer surveys
► Executive opinion
► Time series forecast
► Delphi method
Which of the following is a system designed to coordinate all activities and information needed to complete business processes?
► Enterprise resource planning(Correct answer )
► Supply chain management
► New product development
► Customer relationship management
Which of the following factors are considered in product and service design?
► Customer satisfaction, quality, and improvement costs
► Employee motivation, quality, and production costs
► Customer satisfaction, flexibility, and production costs
► Customer satisfaction, quality, and production costs
Which of the following is NOT mark of a good layout in manufacturing?
► Bottleneck operations
► Straight line flow pattern (or adaption)
► Work stations close together
► Open plant floors (high visibility)
Which of the following layouts facilitates the handling of varied processing requirements?
► Product layout
► Process layout
► Fixed-position layout
► Hybrib/Combination layout
These are the totak mcqs that came in my paper
My today paper 12 may 2011
The management of systems or processes that creates goods and provides services is known as:
►Operation Management
►Operation/production Management
►Operation/Research Management
►Production/Research Management
What would be the productivity if a machine produced 50 units in 3 hours?
►0.066 units per hr
►16.66 units per hr
►6.766 units per hr
►60.66 units per hr
Which of the following statements describes an order-qualifier characteristic?
►A competitive dimension used to make final decision among competitors
►A factor which directly and significantly contribute to winning business
►A factor which increases the profitability of the organization
►A factor perceived as a minimum standard as a potential for purchase
Which of the following refers the way an organization chooses to produce its good or services?
►Process selection
►Process reengineering
►Process redesign
►Process design
In order to comply with the environmental standards, an organization implement Occupational Safety Hygiene Administration (OSHA) following is a way to accomplish this task?
►Promoting friendly relations among employees
►Installing safety guards and devices to reduce the risk
►Installing machinery to make the process speedy
►Installing machinery that provides cost effective output
Which one of the following decision is NOT made by operations managers?
► How much capacity is required to balance demand?
► What should be the location and layout of a facility?
► How to improve operational efficiency?
► Which market areas to manufacture the products for?
Which one the following formula or function can be used to measure the performance?
► Flexibility + profit+ operations
► Work + profit + value
► Quality + speed + flexibility
► Profit + Incentives + standards
Which one of the following is a limitation of a moving average having a trend?
► The forecast lags behind the actual
► The forecast represents demand more accurately
► The forecast will not be accurate
► The forecast will not be reliable
As a manager, you have defined the purpose of the forecasts. What should be the next step in forecasting process?
► Choose a forecasting technique.
► Determine the purpose of the forecast.
► Set up a time horizon or a time limit.
► Collect and analyze the appropriate data
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
Within the operations function, which one of the following is a long-term management decision?
► Control decision
► Non-operational decision
► Strategic decision
► Tactical decision
Which of the following is NOT usually considered a general characteristic of a service?
► Production and sales cannot easily be separated functionally
► Many services involve both tangible and intangible outputs
► Production and consumption can always be separated
► Degree of customer contact is high
.
Which one of the following correctly explains the quantitative forecasting technique?
It consists mainly of numerical descriptions and resist subjective inputs of
managers.
It consists mainly of subjective inputs and resist particular numerical descriptions.
It consists mainly of subjective inputs and resisit human factor, personal opinions.
It consists mainly of analyzing objective and hard data and resist human factor,opinion.
Which one of the following is a limitation of a moving average having a trend?
The forecast lags behind the actual
The forecast represents demand more accurately
The forecast will not be accurate
The forecast will not be reliable
Which one of the following statement is TRUE about cost-volume relationship?
It represents the relationship between cost, revenue and volume of output.
It represents the relationship between cost and volume of output.
It represents the relationship between cost and revenue.
It represents the relationship between inputs, cost and volume of output.
What would be the required cycle time for a process that operates 9 hours daily with a
desired output of 300 units per day?
0.03 minutes
1.8 minutes
2700 minutes
291 minutes
I don’t know his mcq answer is 0.03 or 1.8 but I did do the 1.8
Which one of the following operating levels is best with respect to capacity?
The maximum point of the cost curve
The level of capacity for which average unit cost is minimized
The level of capacity for which average unit cost is maximized
The level of capacity for which total cost is minimized
Which one of the following is NOT a business application of forecasting?
Budgeting
Capacity planning
Inventory management
Quality control
Which one of the following involves completing a series of questionnaires each developed from the previous one, to achieve a consensus forecast?
► Consumer surveys
► Executive opinion
► Time series forecast
► Delphi method
Which of the following is a system designed to coordinate all activities and information needed to complete business processes?
► Enterprise resource planning(Correct answer )
► Supply chain management
► New product development
► Customer relationship management
Which of the following factors are considered in product and service design?
► Customer satisfaction, quality, and improvement costs
► Employee motivation, quality, and production costs
► Customer satisfaction, flexibility, and production costs
► Customer satisfaction, quality, and production costs
Which of the following is NOT mark of a good layout in manufacturing?
► Bottleneck operations
► Straight line flow pattern
► Work stations close together
► Open plant floors
Which of the following layouts facilitates the handling of varied processing requirements?
► Product layout
► Process layout
► Fixed-position layout
► Hybrid Combination layout
3 MCQS NEW
QUESTION#1 (marks 3)
What are possible decisions taken by operational manager while managing workforce
QUESTION#2 (marks 3)
In your opinion, what can be the circumstances when a Low Cost Producer in an industry brings effectiveness?
QUESTION#3 (marks 5)
Critically analyze the statement “Internal audit provides more opportunities to the participant to understand how their jobs , departments and division fit into whole organization as compare to external audit”
QUESTION#4 (marks 5)
“Horizontal integration is the acquisition of additional business activities at the same level of value chain and nowadays being widely used as a growth strategy”
What can be the situation when horizontal integration is assumed to be effective?