McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .
| 51. |
All of the following statements about ABC analysis are true except |
| A. | Inventory may be categorized by measures other than dollar volume |
| B. | It categorizes on-hand inventory into three groups based on annual dollar volume |
| C. | It is an application of the pare to principle |
| D. | It states that all items require the same degree of control |
| Answer» D. It states that all items require the same degree of control | |
| 52. |
ABC analysis is based upon the principal that |
| A. | All items in inventory must be monitored very closely |
| B. | These are very usually a few critical items zmd many items which are less critical |
| C. | An item is critical if its usage is high |
| D. | The safety stock in terms of volume should be higher for a items than for items |
| Answer» B. These are very usually a few critical items zmd many items which are less critical | |
| 53. |
Which of the following statements about ABC analysis is false? |
| A. | ABC analysis is based on presumption that controlling the few most important items produces the vast majority of inventory savings |
| B. | In ABC analysis “A” items are tightly controlled , have accurate records ,and receive regular review by major decision makers |
| C. | In ABC analysis “c” items minimal records , periodic review , and single control |
| D. | ABC analysis is based on the presumption that all item must be tightly controlled to produce important cost savings |
| Answer» D. ABC analysis is based on the presumption that all item must be tightly controlled to produce important cost savings | |
| 54. |
The two most basic inventory questions answered by the typical inventory model are |
| A. | Timing and cost of orders |
| B. | Quantity and cost of orders |
| C. | Timing and quantity of orders |
| D. | Order quantity and service level |
| Answer» C. Timing and quantity of orders | |
| 55. |
Ascertain type of computer costs 1000 and the annual holding cost is 25% . annual demand is 10000 units , and the order cost is 150 per order .what is the approximate economic order quantity? |
| A. | 70 |
| B. | 110 |
| C. | 250 |
| D. | 12000 |
| Answer» B. 110 | |
| 56. |
Most inventory models attempt to minimize |
| A. | The like hood of stock out |
| B. | The number of items ordered |
| C. | Total inventory based costs |
| D. | The number of orders placed |
| Answer» C. Total inventory based costs | |
| 57. |
In basic EOQ model if the cost of placing an order doubles and all other values remain constant the EOQ will |
| A. | Increase by about 41% |
| B. | Increase by100% |
| C. | Increase by200% |
| D. | Either increase or decrease |
| Answer» A. Increase by about 41% | |
| 58. |
Which of the following statements about the basic EOQ model is true |
| A. | If ordering cost were to double , the EOQ would rise |
| B. | If annual demand were to double , the EOQ would rise |
| C. | If the carrying cost were to increase ,the EOQ would fall |
| D. | All of the above statements are true |
| Answer» A. If ordering cost were to double , the EOQ would rise | |
| 59. |
Which of the following statements about the basic EOQ model is false? |
| A. | If the setup cost were to decrease , the EOQ would fall |
| B. | If annual demand were to increase , the EOQ would decrease |
| C. | If the ordering cost were to increase , the EOQ would rise |
| D. | If annual demand were to double , the EOQ would also double |
| Answer» D. If annual demand were to double , the EOQ would also double | |
| 60. |
Time and motion studies focus on |
| A. | The time and effort it takes to train a new employee |
| B. | The number of physical motion required to complete a work related task |
| C. | The ways in which machines can be built to make human safes and more efficient |
| D. | Ways to avoid injury in tasks that required repetitive motion |
| Answer» B. The number of physical motion required to complete a work related task | |
| 61. |
Scientific management contributed to the development of a more rational approach to management by developing which characteristics? |
| A. | The planning and organization of work based on moral principles |
| B. | Time and motion studies |
| C. | Standardized pay |
| D. | The encouragement of trade unions |
| Answer» B. Time and motion studies | |
| 62. |
A situations in which manager can make an accurate decision is called |
| A. | Certainty |
| B. | Uncertainty |
| C. | Risk |
| D. | Factional |
| Answer» A. Certainty | |
| 63. |
Time and motion study was introduced by |
| A. | Hennery Fayol |
| B. | F.W Taylor |
| C. | Gilberth couple |
| D. | Adam Smith |
| Answer» B. F.W Taylor | |
| 64. |
The fixed position layout would be most appropriate in which of the following cases |
| A. | A fast food restaurant |
| B. | A doctors office |
| C. | A govt. restaurant |
| D. | Constructing a Boeing277 |
| Answer» D. Constructing a Boeing277 | |
| 65. |
For which of the following operations would a fixed position layout be most appropriate |
| A. | Assembly of an automobile |
| B. | Production of TV sets |
| C. | Construction of ships |
| D. | Refining of crude oil |
| Answer» D. Refining of crude oil | |
| 66. |
Because the fixed position layout is so difficult to solve on-site operations managers |
| A. | Virtually never employ this layout strategy |
| B. | Utilize this approach only for construction projects such as bridges and office towers |
| C. | Increase in size of site |
| D. | Often complete as much of the project as possible off site |
| Answer» D. Often complete as much of the project as possible off site | |
| 67. |
One factor impacting the fixed position input strategy is |
| A. | Minimizing difficulties caused by material flow varying with each products |
| B. | Requiring frequent contact close to one another |
| C. | Balancing product flow one work station to the next |
| D. | The movement of material to the limited storage areas around the site |
| Answer» D. The movement of material to the limited storage areas around the site | |
| 68. |
One of the major advantage of process oriented layout is |
| A. | High equipment utilization |
| B. | Large work in process inventories |
| C. | Flexibility in equipment and labour assignment |
| D. | Smooth and continuous flows of work |
| Answer» C. Flexibility in equipment and labour assignment | |
| 69. |
The man issue is designing process oriented input concerns the relative positioning of …………… to minimize cost of material handling |
| A. | Work stations |
| B. | Departments |
| C. | Raw materials |
| D. | Entrances , loading docks etc. |
| Answer» B. Departments | |
| 70. |
A process layout would be most appropriate in which of the following cases |
| A. | Constructing a Boeing 777 air craft |
| B. | A fast food restaurant |
| C. | An automobile factory |
| D. | A garment restaurant |
| Answer» D. A garment restaurant | |
| 71. |
The major problem addressed |
| A. | The movement of material to the storage areas around the site |
| B. | Requiring frequent contact close to one another |
| C. | The provision of low cost storage with low cost material handling |
| D. | Minimizing difficulties caused by material flow varying with each product |
| Answer» D. Minimizing difficulties caused by material flow varying with each product | |
| 72. |
The most common tactic followed in process – layout planning is to arrange departments or work centers so they |
| A. | Minimize the cost of of skilled labour |
| B. | Maximize the machine utilization |
| C. | Allocate the available space equally to all the departments |
| D. | Minimize the costs of material handling |
| Answer» D. Minimize the costs of material handling | |
| 73. |
Process oriented layout is best suited for |
| A. | The assembly of products like automobiles and appliances |
| B. | The mass production of uniform products |
| C. | High volume , low variety production |
| D. | Low volume , high variety production |
| Answer» D. Low volume , high variety production | |
| 74. |
Which of the following is true for process layouts , hut false for production layouts ? |
| A. | Low –in process inventories |
| B. | Flexibility in equipment and labour arrangement |
| C. | Low variety of products |
| D. | High volume of output |
| Answer» B. Flexibility in equipment and labour arrangement | |
| 75. |
Big advantage of process oriented layout is |
| A. | Its flexibility for variety |
| B. | Its low cost |
| C. | The simplified scheduling problem presented by this layout strategy |
| D. | The ability of employ low skilled labour |
| Answer» A. Its flexibility for variety | |
| 76. |
The typical goal used when developing a process oriented layout strategy is to |
| A. | Minimize the distance between adjacent departments |
| B. | Minimize the material handling costs |
| C. | Maximize the number of different tasks which can be performed by an individual machine |
| D. | Minimize the level of operator skill necessary |
| Answer» B. Minimize the material handling costs | |
| 77. |
The concept of total quality control i.e that quality must be attended to at all stages of the industrial cycle and throughout the organization is the creation of which of the following pioneers ? |
| A. | Genichi Taguchi |
| B. | W.Edward Deming |
| C. | Arnald Feigenbaum |
| D. | Joseph M juran |
| Answer» C. Arnald Feigenbaum | |
| 78. |
The so-called ‘quality qurus’ of Total Quality Management (TQM) do not include one of the following |
| A. | Kavoru ishikawa |
| B. | Joseph M juran |
| C. | Bill coshy |
| D. | W.Edward Deming |
| Answer» C. Bill coshy | |
| 79. |
Which of the following would not normally be considered as a ‘costs of quality’ |
| A. | Marketing costs |
| B. | Prevention costs |
| C. | Warranty costs |
| D. | Rand D costs |
| Answer» D. Rand D costs | |
| 80. |
………………. Focused on the job and how to do it better |
| A. | Scientific management |
| B. | Bureaucratic management |
| C. | Classical management |
| D. | Administrative management |
| Answer» A. Scientific management | |
| 81. |
What term describes a vertical expansion of job duties in order to give the worker more responsibility? |
| A. | Job enlargement |
| B. | Job rotation |
| C. | Job enrichment |
| D. | Job design |
| Answer» C. Job enrichment | |
| 82. |
What are the two basic types of production systems? |
| A. | Automated and manual |
| B. | Intermittent and non-intermittent process |
| C. | Normal and continuous process |
| D. | Continuous process and batch |
| Answer» B. Intermittent and non-intermittent process | |
| 83. |
What type of process would a paper mill be most likely to use? |
| A. | Continuous flow |
| B. | Project |
| C. | Job shop |
| D. | Flow shop |
| Answer» A. Continuous flow | |
| 84. |
What technique deals with the problem of supplying sufficient facilities to production lines or individuals that require uneven service? |
| A. | Supply-demand theory |
| B. | PERT |
| C. | Inventory theory |
| D. | Queuing theory |
| Answer» D. Queuing theory | |
| 85. |
A manufacturer has been receiving excessive numbers of defective standard machine parts from a vendor on a regular basis. What is the most effective way to design a formal inspection system for incoming parts? |
| A. | Queuing analysis |
| B. | Time series analysis |
| C. | Statistical quality control |
| D. | Regression analysis |
| Answer» C. Statistical quality control | |
| 86. |
A set of simultaneous equations that has more variables than constraints has |
| A. | no solution |
| B. | an infinite number of solutions |
| C. | a finite solution |
| D. | an infinite solution |
| Answer» B. an infinite number of solutions | |
| 87. |
In a PERT/CPM network, computing the critical path requires |
| A. | determining the total project duration |
| B. | assigning the earliest finish time for an activity as the earliest start time for the next |
| C. | that the latest finishing time for an activity not delay the overall project beyond initial expectation |
| D. | a sophisticated and complex computer program |
| Answer» B. assigning the earliest finish time for an activity as the earliest start time for the next | |
| 88. |
At the completion of the forward and backward passes, the slack for an activity is given by the |
| A. | difference between early start and early finish |
| B. | difference between early start and latest finish |
| C. | difference between latest start and early finish |
| D. | amount of idle labor on the critical path |
| Answer» A. difference between early start and early finish | |
| 89. |
What type of control chart is used to monitor the number of defects per unit? |
| A. | p-chart |
| B. | R-chart |
| C. | c-chart |
| D. | x-bar chart |
| Answer» C. c-chart | |
| 90. |
The operating characteristic (OC) curve shows the probability of |
| A. | rejection for every possible true percentage of defectives |
| B. | acceptance for every possible true percentage of defectives |
| C. | making type I errors for various percentages of defectives |
| D. | none of the above |
| Answer» B. acceptance for every possible true percentage of defectives | |
| 91. |
If an artificial variable remains in the solution with a positive value after the stopping criterion has been reached, the problem |
| A. | is infeasible |
| B. | is optimal |
| C. | needs a new basis |
| D. | has more than one solution |
| Answer» A. is infeasible | |
| 92. |
. What are the two sources of costs in queuing analysis? |
| A. | Arrivals and departures |
| B. | Arrivals and idleness |
| C. | Waiting customers and capacity |
| D. | Equipment breakdowns and departures |
| Answer» C. Waiting customers and capacity | |
| 93. |
The transportation model method that is used to evaluate location alternatives minimizes total |
| A. | sources |
| B. | destinations |
| C. | capacity |
| D. | shipping costs |
| Answer» D. shipping costs | |
| 94. |
What is simulation? |
| A. | A quick solution method to problem-solving |
| B. | A formalized deterministic approach to problem-solving |
| C. | A graphical method to problem-solving |
| D. | A trial-and-error approach to problem-solving |
| Answer» D. A trial-and-error approach to problem-solving | |
| 95. |
Moving from the aggregate plan to a master production schedule requires |
| A. | rough cut capacity planning |
| B. | sub-optimization |
| C. | disaggregation |
| D. | strategy formulation |
| Answer» C. disaggregation | |
| 96. |
A fixed interval system |
| A. | adds the same predetermined amount to inventory each time replenishment occurs |
| B. | is suitable for joint replenishment items |
| C. | is triggered at the reorder level |
| D. | requires perpetual monitoring of inventory records |
| Answer» B. is suitable for joint replenishment items | |
| 97. |
_________is a process in which a supplier generates orders for its distributor based on demand information sent by the distributor |
| A. | point of sale |
| B. | integrated supply chain management |
| C. | distributed control system |
| D. | vendor managed inventory |
| Answer» D. vendor managed inventory | |
| 98. |
Which of the following classification of scheduling strategies is not practical in case of machine breakdown? |
| A. | Cumulative scheduling |
| B. | Detailed scheduling |
| C. | Cumulative-detailed scheduling |
| D. | Priority decision rules |
| Answer» B. Detailed scheduling | |
| 99. |
Which of the following chart will indicate only the cumulative workloads for each job and to what extent the work centers are to be scheduled? |
| A. | Flowchart |
| B. | Gantt chart |
| C. | Gantt progress chart |
| D. | CPM chart |
| Answer» B. Gantt chart | |
| 100. |
________________ is a methodology by which we try to minimize the cost and improve the revenue of a product or an operation. |
| A. | Value engineering |
| B. | Systems engineering |
| C. | Control engineering |
| D. | Industrial engineering |
| Answer» A. Value engineering | |
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