McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Cost Accounting .
| 1. |
Out of the following trends in production/operations management, which one is sometimes called as agile manufacturing? |
| A. | Re-engineering |
| B. | Supply-Chain Management |
| C. | Lean Production |
| D. | Flexibility |
| Answer» D. Flexibility | |
| 2. |
Out of the following factors that are affecting Capacity Planning, which one is Less Controllable one? |
| A. | Machine break-downs |
| B. | Amount of labour employed |
| C. | Facilities installed |
| D. | Shifts of work per day |
| Answer» A. Machine break-downs | |
| 3. |
Which of the following stages of Product Life Cycle does attribute beginning of substantial increase in Sales and Profits? |
| A. | Introduction |
| B. | Growth |
| C. | Maturity |
| D. | Decline |
| Answer» B. Growth | |
| 4. |
Which one is NOT an index of Productivity? |
| A. | Man-hour output |
| B. | Productivity ratio |
| C. | TQM |
| D. | Use of Financial Ratios |
| Answer» C. TQM | |
| 5. |
The time by which an activity can be rescheduled without affecting the other activities - preceding or succeeding is called as |
| A. | Slack |
| B. | Independent Float |
| C. | Free Float |
| D. | Total Float |
| Answer» B. Independent Float | |
| 6. |
Reliability and per unit cost of which of the following spares are less? |
| A. | Regular spares |
| B. | Insurance spares |
| C. | Capital spares |
| D. | Rotable spares |
| Answer» A. Regular spares | |
| 7. |
The lead-time is the time: |
| A. | To place holders for materials |
| B. | Time of receiving materials |
| C. | Time between receipt of material and using materials, |
| D. | Time between placing the order and receiving the materials |
| Answer» D. Time between placing the order and receiving the materials | |
| 8. |
The method used in scheduling a project is: |
| A. | A schedule of break-down of orders |
| B. | Outline master programme |
| C. | PERT & CPM |
| D. | Schedule for large and integrated work |
| Answer» C. PERT & CPM | |
| 9. |
MRP stands for: |
| A. | Material requirement planning |
| B. | Material reordering planning |
| C. | Material requisition procedure |
| D. | Material recording procedure |
| Answer» A. Material requirement planning | |
| 10. |
One of the important charts used in programme control is: |
| A. | Material chart |
| B. | Gantt chart |
| C. | Route chart |
| D. | Inspection chart |
| Answer» B. Gantt chart | |
| 11. |
Variety reduction is generally known as: |
| A. | Less varieties |
| B. | Simplification |
| C. | Reduced varieties |
| D. | None of the above |
| Answer» B. Simplification | |
| 12. |
Conversion of inputs into outputs is known as: |
| A. | Application of technology |
| B. | operations management |
| C. | Manufacturing products |
| D. | product |
| Answer» C. Manufacturing products | |
| 13. |
Number of product varieties that can be manufactured in Mass production is: |
| A. | One only |
| B. | Two only |
| C. | Few varieties in large volumes |
| D. | Large varieties in small volumes |
| Answer» C. Few varieties in large volumes | |
| 14. |
Routing and Scheduling becomes relatively complicated in |
| A. | Job production |
| B. | Batch production |
| C. | Flow production |
| D. | Mass production |
| Answer» B. Batch production | |
| 15. |
JIT stands for |
| A. | Just in time purchase |
| B. | Just in time production |
| C. | Just in time use of materials |
| D. | Just in time order the material |
| Answer» B. Just in time production | |
| 16. |
The first stage in production planning is: |
| A. | Process planning |
| B. | Factory planning |
| C. | Operation planning |
| D. | Layout planning |
| Answer» B. Factory planning | |
| 17. |
Scheduling deals with: |
| A. | Number of jobs to be done on a machine |
| B. | Number of machine tools used to do a job |
| C. | Different materials used in the product |
| D. | Fixing up starting and finishing times of each operation in doing a job |
| Answer» D. Fixing up starting and finishing times of each operation in doing a job | |
| 18. |
Example of production by disintegration is: |
| A. | Automobile |
| B. | Locomotive |
| C. | Crude oil |
| D. | Mineral water. |
| Answer» C. Crude oil | |
| 19. |
Fixing Flow lines in production is known as : |
| A. | Scheduling |
| B. | Loading |
| C. | Planning |
| D. | Routing |
| Answer» D. Routing | |
| 20. |
The material handling cost per unit of product in continuous production is: |
| A. | Highest compared to other systems |
| B. | Lower than other systems |
| C. | Negligible |
| D. | Cannot say. |
| Answer» B. Lower than other systems | |
| 21. |
(Total station time/Cycle time x Number of work stations) x 100 is known as: |
| A. | Line Efficiency |
| B. | Line smoothness |
| C. | Balance delay of line |
| D. | Station efficiency |
| Answer» A. Line Efficiency | |
| 22. |
Tempering is a process of: |
| A. | Joining |
| B. | Heat Treatment |
| C. | Surface Treatment |
| D. | Forming |
| Answer» B. Heat Treatment | |
| 23. |
For production planning: |
| A. | Short term forecasting is useful |
| B. | Medium term forecasting is useful |
| C. | Long term forecasting is useful |
| D. | Forecasting is not useful. |
| Answer» A. Short term forecasting is useful | |
| 24. |
Scheduling shows: |
| A. | Total cost of production |
| B. | Total material cost |
| C. | Which resource should do which job and when |
| D. | The flow line of materials |
| Answer» C. Which resource should do which job and when | |
| 25. |
Linear Programming is a technique used for determining: |
| A. | Production Programme |
| B. | Plant Layout |
| C. | Product Mix |
| D. | Manufacturing Sequence. |
| Answer» C. Product Mix | |
| 26. |
The effective capacity is NOT influenced by which of the following factors: |
| A. | Forecasts of demand |
| B. | Plant and labour efficiency |
| C. | Subcontracting |
| D. | None of the above |
| Answer» D. None of the above | |
| 27. |
Key aspects in process strategy does NOT include which of the following: |
| A. | Make or buy decisions |
| B. | Capital intensity |
| C. | Process flexibility |
| D. | Packaging |
| Answer» D. Packaging | |
| 28. |
The example of worker involvement, as a recent trend in production/operations management is |
| A. | SCM |
| B. | Just-in-Time |
| C. | Quality Circle |
| D. | MRP |
| Answer» C. Quality Circle | |
| 29. |
Production planning in the intermediate range of time is termed as |
| A. | Production planning. |
| B. | Long range production planning. |
| C. | Scheduling. |
| D. | Aggregate planning. |
| Answer» D. Aggregate planning. | |
| 30. |
Preventive maintenance is useful in reducing |
| A. | Inspection Cost |
| B. | Cost of premature replacement |
| C. | Shutdown Cost |
| D. | Set-up Cost of machine |
| Answer» C. Shutdown Cost | |
| 31. |
Which one of the following standards is associated with the "Quality Assurance in Production and Installation"? |
| A. | ISO 9001 |
| B. | ISO 9002 |
| C. | ISO 9003 |
| D. | ISO 9004 |
| Answer» B. ISO 9002 | |
| 32. |
Number of product varieties that can be manufactured in Job production is: |
| A. | Limited to one or two |
| B. | Large varieties of products |
| C. | One only |
| D. | None of the above. |
| Answer» B. Large varieties of products | |
| 33. |
In general number of product varieties that can be manufactured in Flow production is: |
| A. | One only |
| B. | Ten to twenty varieties |
| C. | Large varieties |
| D. | Five only. |
| Answer» A. One only | |
| 34. |
Generally the size of the order for production in Job production is: |
| A. | Small |
| B. | Large |
| C. | Medium |
| D. | Very large. |
| Answer» A. Small | |
| 35. |
Generally in continuous production the production is carried out to: |
| A. | Customer’s order, |
| B. | Government orders only |
| C. | For stock and supply |
| D. | Few rich customers. |
| Answer» C. For stock and supply | |
| 36. |
The starting point of Production cycle is: |
| A. | Product design |
| B. | Production Planning, |
| C. | Routing |
| D. | Market research. |
| Answer» D. Market research. | |
| 37. |
Preferred numbers are used to: |
| A. | To determine the number of varieties that are to be manufactured |
| B. | To the test the design of the product |
| C. | To ascertain the quality level of the product |
| D. | To evaluate the production cost. |
| Answer» A. To determine the number of varieties that are to be manufactured | |
| 38. |
The act of assessing the future and make provisions for it is known as |
| A. | Planning |
| B. | Forecasting |
| C. | Assessment |
| D. | Scheduling. |
| Answer» B. Forecasting | |
| 39. |
For a marketing manager, the sales forecast is: |
| A. | Estimate of the amount of unit sales or a specified future period |
| B. | Arranging the sales men to different segments of the market |
| C. | To distribute the goods through transport to satisfy the market demand |
| D. | To plan the sales methods. |
| Answer» A. Estimate of the amount of unit sales or a specified future period | |
| 40. |
The time horizon selected for forecasting depends on: |
| A. | The salability of the product |
| B. | The selling capacity of Salesman |
| C. | Purpose for which forecast is made |
| D. | Time required for production cycle |
| Answer» C. Purpose for which forecast is made | |
| 41. |
In general, medium range forecasting period will be approximately: |
| A. | 5 to 10 Years |
| B. | 2 to 3 days |
| C. | 3 to 6 months |
| D. | 10 to 20 years |
| Answer» C. 3 to 6 months | |
| 42. |
The range of Long range forecasting period may be approximately: |
| A. | 1 to 2 weeks |
| B. | 2 to 3 months |
| C. | 1 year |
| D. | above 5 years |
| Answer» D. above 5 years | |
| 43. |
To plan for future man power requirement: |
| A. | Short term forecasting is used |
| B. | Long range forecasting is used |
| C. | Medium range forecasting is used |
| D. | There is no need to use forecasting, as future is uncertain. |
| Answer» B. Long range forecasting is used | |
| 44. |
Long range forecasting is useful in: |
| A. | Plan for Research and Development |
| B. | To Schedule jobs in Job production |
| C. | In purchasing the material to meet the present production demand |
| D. | To assess manpower required in the coming month. |
| Answer» A. Plan for Research and Development | |
| 45. |
Medium range forecasting is useful in: |
| A. | To assess the loading capacity of the machine |
| B. | To purchase a materials for next month |
| C. | To plan for-capacity adjustments |
| D. | To decide whether to receive production orders or not. |
| Answer» C. To plan for-capacity adjustments | |
| 46. |
To decide work load for men and machines: |
| A. | Medium range forecasting is used |
| B. | Short term forecasting is used |
| C. | Long range forecasting is used |
| D. | A combination of long range and medium range forecasting is used. |
| Answer» B. Short term forecasting is used | |
| 47. |
Important factor in forecasting production is: |
| A. | Environmental changes |
| B. | Available capacity of machines |
| C. | Disposable income of the consumer |
| D. | Changes in the preference of the consumer. |
| Answer» B. Available capacity of machines | |
| 48. |
Application of technology or process to the raw material to add use value is known as: |
| A. | Product |
| B. | Production |
| C. | Application of technology |
| D. | Combination of technology and process. |
| Answer» B. Production | |
| 49. |
In Production by disintegration the material undergoes: |
| A. | Change in economic value only |
| B. | Change in physical and chemical characteristics |
| C. | Change in technology only |
| D. | None of the above. |
| Answer» B. Change in physical and chemical characteristics | |
| 50. |
In Production by service, the product undergoes the changes in: |
| A. | Shape and size of the surface |
| B. | Shape of the surface only |
| C. | Size of the surface only |
| D. | Chemical and Mechanical properties. |
| Answer» D. Chemical and Mechanical properties. | |
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