PRODUCTIO OPERATION MANAGEMENT MCQ

  1. A basic solution which also satisfies the condition in which all basic variables are non -negative

is called —————-

  1. a) Basic feasible solution
  2. b) Feasible solution
  3. c) Optimal solution
  4. d) None of the above

2. An objective function which states the determinants of the quantity to be either maximized or minimized is called ————–

a Feasible function

b Optimal function

c Criterion function

d) Non of the above

3. Any feasible solution to a transportation problem containing m origins and n destinations is said to be ————-

a Independent

b Degenerate

c Non-degenerate

d All

  1. A firm’s inventory planning period is one year. Its inventory requirement for this period is 400 units. Assume that its acquisition costs are Rs. 50 per order. The carrying costs are expected to be Rs. 1 per unit per year for an item. What is EOQ?

(A) 800 units

(B) 200 units

(C) 100 units

(D) None of the above

  1. Match the following:

List – I                                                                                    List – II

  1. Any physically identifiable part of a project                       i. Network
  2. The terminal point of an activity                                         ii. Event
  3. The longest chain in the Network                                       iii. Activity
  4. Logically and sequentially connected arrows and nodes   iv. Critical path

Codes:

a b c d

(A) i ii iii iv

(B) iii ii iv i

(C) ii iv i iii

(D) iv i ii iii

  1. If the EOQ for an item of inventory in a firm is 1000 units, the estimated demand for the term next year gets doubled, what shall be the revised EOQ next year, all other relevant costs remaining unchanged ?

(A) 1000

(B) 1414

(C) 2000

(D) None of the above

7 What is meant by ‘Payoffs’ in Game Theory?

a Outcome of a game when different alternatives are adopted by players

b No. of players involved in a game

c Value of a game

d Strategies used by players

8 Which of the following assertations is true of an optimal solution to an Linear Programming Problem?

  1. Every LP has an optimal solution
  2. The optimal solution always occur at extreme points
  3. If an optimal solution exists, there will always be at least one solution at a corner
  4. All of the given

 

  1. Which of the following is not a major requirement of a Linear Programming Problem?
  2. There must be alternative course of action among which to decide
  3. An objective for the firm must exist
  4. The problem must be of maximization type
  5. Resources must be limited
  6. In a departmental store customers arrive at a rate of 20 customers per hour. the average number of customers that can be handled by cashier is 24 per hour. What portion of times that cashier is busy?

a 1

b 1/6

c 5

d 6/5

  1. Match the items of List II with List I and select the correct code :

List I List II

(a) H.M.L. classification (i) To determine the criticality of an item and its effect on production and other services. It is specially used for classification of spare parts.

(b) V.E.D. classification (ii) Based on the pattern of issues from stores and is useful in controlling obsolescence and helpful in identifying active items and surplus items.

(c) SDE classification (iii) The classification unit value is the criterion and not the annual consumption.

(d) FSN classification (iv) Based on problems faced in procurements, availability of items and useful in the context of scarcity of supply.

Code :

(a) (b) (c) (d)

(1) (ii) (iii) (iv) (i)

(2) (iv) (i) (ii) (iii)

(3) (ii) (iv) (i) (iii)

(4) (iii) (i) (iv) (ii)

  1. Statement (I) : The critical path has been defined as the longest duration path between the first and the last nodes of a project.

Statement (II) : The duration of a project is not always the same as the duration of its critical path.

(1) Statement (I) and (II) are correct.

(2) Statement (I) and (II) are incorrect .

(3) Statement (I) is correct but (II) is not correct.

(4) All correct.

Statement (I) : Internal failure costs are generated after the product is dispatched as a result of non-performance to requirements.

Statement (II) : External failure costs are generated before the product is dispatched as a result of non-conformance to requirements.

Which of the following code is correct related to above statements being correct or

incorrect ?

(1) Both Statements (I) and (II) are correct.

(2) Both Statements (I) and (II) are not correct.

(3) Statement (I) is correct but (II) is not correct.

(4) Statement (II) is correct but (I) is not correct.

  1. Which of the following code is correct for the given statements being correct or incorrect ?

Statement (I) : Method analysis is a technique in job design in which job is considered as a whole.

Statement (II) : Principles of motion economy aim at minimizing the fatigue of workers due to repetitive motion of the different parts of body.

Statement (III) : Work sampling is a method used to determine the idle time of machine or workers as a whole during the day.

Code :

(1) Statement (I) and (III) are not correct but Statement (II) is correct.

(2) Statement (I) and (II) are not correct but Statement (III) is correct.

(3) Statement (II) and (III) are not correct but (I) is correct.

(4) Statement (I), (II) and (III) all are correct

  1. ‘Just In Time’ originally developed in 1970s by a Japanese company was initially known as :

(1) Honda Manufacturing system

(2) Isuzu Manufacturing system

(3) Mitsubishi Manufacturing system

(4) Toyota Manufacturing system

  1. Match the items of List – II with List – I to find the correct code :

List – I List – II

(a) Technological Processes (i) Arrangement of equipment and machine

(b) Layout (ii) outsourcing of non-competent area

(c) Personnel Estimates (iii) Process Design, Process Linkage

(d) Vertical Integration Studies (iv) Black Belt

Code :

(a) (b) (c) (d)

(1) (iii) (i) (iv) (ii)

(2) (iii) (ii) (iv) (i)

(3) (iii) (i) (ii) (iv)

(4) (iii) (ii) (i) (iv)

  1. Following statements are given for plant location strategies :

Statement (I) : White goods manufacturing companies have separate plants for colour TVs, washing machines, microwave ovens, etc.; for avoiding confusion and bringing about economies of scale.

Statement (II) : Pepsi and Coke have bottling plants scattered all over the country which cater to different regions to avoid confusion at the main manufacturing set-up rather than reducing overall transportation costs and the lead time for supplying goods in the markets.

Find the correct code of the above statements being correct or incorrect.

(1) Statement (I) is not correct but (II) is correct.

(2) Statements (I) and (II) both are correct.

(3) Statement (I) is correct but (II) is not correct.

(4) Statements (I) and (II) both are not correct.

  1. Statement (I) : Time study is an area of study whose fundamental purpose is to set time standards for work using different methods.

Statement (II) : Work measurement is a structured process of directly observing and measuring (using a timing device) human work in order to establish the time required for completion of the work by a qualified worker when working at a defined level of performance.

Code :

(1) Both the Statements are correct.

(2) Both the Statements are incorrect.

(3) Statement (I) is correct while Statement (II) is incorrect.

(4) Statement (I) is incorrect while Statement (II) is correct

Time Study: Time study is a structured process of directly observing and measuring human work using a timing device to establish the time required for completion of the work by a qualified worker when working at a defined level of performance. It follows the basic procedure of systematic work measurement of: analysis of the work into small, easily-measurable components or elements measurement of those components and synthesis from those measured components to arrive at a time for the complete job.

Work measurement is the application of techniques which is designed to establish the time for an average worker to carry out a specified manufacturing task at a defined level of performance.

 

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