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Mgt613 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan

Friday, July 15, 2011 Posted In Edit This
Mgt613 Current Spring 2011 Final Term VU Paper [July 2011] Virtual University of Pakistan
thanks to Mr. Majid to share this paper with VUsolutions:

Operation Management paper.
total question was 64 out of which 56 were objectives 
and 4 questions were of 3 Marks 
and 4 was of 5 Marks.

mostly Objectives were new.

one question was

What is service level? Generally speaking, how is service level related to the amount of safety stock held? 5 marks.
How inventory minimizes in a Just-in-Time system? 3 Mark

two questions were of supply chain management.each of 5 marks.

what measures should be taken to create effective supply chain . 5 Marks

i forget other supply chain question.

one 3 marks question was to determine slack time. 3 Marks
one was of importance of transportation method. 3 Marks

As a project manager, your project has become lengthy enough and you have to
spend more money to complete it quickly within time constraints, the activity is
known as:
► Rectifying time estimation
► Project scope creeping
► Project crashing
► Project risk management

Which of the following is a type of kanban that authorizes the production of
goods?
► Supplier kanban
► Material kanban
► Withdrawal kanban
► Production kanban

Which of the following reports compares known and expected future capacity
requirements with projected capacity availability?
► Performance control report
► Exception report
► Load report
► Planned order report

Which of the following charts shows management of flow of work and waiting
lines at work stations?
► Gantt charts
► Load charts
► Schedule charts

The Strategies which are more focused on maintaining or improving the quality
of an organization's products or services are known as:
► Quality at the source
► Time based strategies
► Cost leadership strategies
► Quality-based strategies

An operations manager of an airline industry schedules the arrival and departure
of flights by working ahead form some point in time is following which type of
scheduling?
► Backward scheduling
► Forward scheduling
► Vertical scheduling
► Horizontal scheduling

Which one of the following is an example of site related factors that affect
location decision?
► Transportation
► Quality of life
► Location of new markets
► Location of raw materials

Which of the following is required to describe project scope?
► Program Evaluation and Review Technique
► Gantt chart
► Work breakdown structure
► Critical path method

In labor-limited environment, in which resource constraint is the amount of
worker available, which of the following is the best option for effective scheduling
in a manufacturing firm?
► Hire more skilled labor for the job to be completed
► Workers should be trained to work on a variety of machines
► Assign labor to the next workstation irrespective of their skills
► More machines should be installed for flexibility of operations

During the period of high unemployment or when low-skilled labor is acceptable,
which of the following strategy would be cost effective?
�� Chase demand strategy
�� Level capacity strategy
�� Proactive strategy
�� Mixed or hybrid strategies

Which method of forecasting is most widely used?
• Regression analysis
• Adaptive forecasting
• Weighted moving average
• Exponential smoothing

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