Question
1. What is the primary goal of operations management? a) Maximizing profits b) Minimizing costs c) Delivering value to customers d) Increasing market share 2.
1. What is the primary goal of operations management? a) Maximizing profits b) Minimizing costs c) Delivering value to customers d) Increasing market share
2. Which of the following is NOT a key component of operations management? a) Quality control b) Human resources c) Inventory management d) Marketing
3. Which production process is characterized by producing a large number of standardized products? a) Job shop b) Batch production c) Continuous production d) Project production
4. What is the main purpose of capacity planning in operations management? a) Minimizing costs b) Maximizing production output c) Managing inventory levels d) Improving product quality
5. Lean production focuses on: a) Maximizing inventory levels b) Minimizing waste c) Maximizing product variety d) Reducing customer satisfaction
6. Which inventory management model is designed to order just enough inventory to meet demand without excess? a) Economic Order Quantity (EOQ) b) Just-In-Time (JIT) c) ABC analysis d) Material Requirements Planning (MRP)
7. What is the primary goal of Total Quality Management (TQM)? a) Reducing production costs b) Maximizing market share c) Continuously improving product quality d) Reducing lead times
8. Which performance metric measures how efficiently resources are used in a production process? a) Return on Investment (ROI) b) Efficiency ratio c) Capacity utilization rate d) Inventory turnover
9. Which forecasting method uses historical data to predict future values based on weighted averages? a) Exponential smoothing b) Delphi method c) Regression analysis d) Time series analysis
10. What is the primary focus of supply chain management? a) Maximizing production efficiency b) Managing inventory levels c) Coordinating activities across the entire supply chain d) Reducing production costs
11. Which type of layout arranges production processes in a U-shape to optimize flow and minimize waste? a) Process layout b) Product layout c) Cellular layout d) Fixed-position layout
12. The Pareto principle, also known as the 80/20 rule, suggests that: a) 20% of products account for 80% of sales b) 80% of defects come from 20% of causes c) 20% of employees are responsible for 80% of production d) 80% of production costs are due to 20% of processes
13. Which type of scheduling method aims to minimize the total completion time of a set of jobs? a) First-Come-First-Served (FCFS) b) Shortest Job First (SJF) c) Earliest Due Date (EDD) d) Critical Path Method (CPM)
14. What does the term "Bottleneck" refer to in operations management? a) A type of product defect b) A constraint that limits production capacity c) A quality control tool d) A type of inventory management system
15. Which of the following is NOT a key principle of Six Sigma? a) Define b) Measure c) Analyze d) Standardize
16. What is the primary objective of inventory turnover ratio? a) Minimize inventory holding costs b) Maximize order quantities c) Reduce lead times d) Increase production output
17. Which method is used for project management and involves creating a visual representation of project tasks and their dependencies? a) Gantt chart b) Fishbone diagram c) Pareto chart d) Control chart
18. In operations management, what does the acronym MRP stand for? a) Maximum Resource Planning b) Manufacturing Resource Planning c) Material Resource Production d) Minimum Resource Procurement
19. Which type of control chart is used to monitor the number of defects in a sample of items? a) X-bar chart b) P-chart c) C-chart d) R-chart
20. What is the primary purpose of a production schedule? a) To track employee attendance b) To determine the cost of production c) To plan and manage production activities d) To calculate return on investment
21. Which of the following is a key element of supply chain visibility? a) Reducing lead times b) Minimizing transportation costs c) Tracking and monitoring the movement of goods d) Maximizing inventory levels
22. Which quality management approach focuses on preventing defects rather than detecting and correcting them? a) Six Sigma b) Total Quality Management (TQM) c) Lean production d) Quality Control
23. What does the ABC analysis in inventory management classify items based on? a) Alphabetical order b) Cost of goods sold c) Value and importance d) Age of inventory
24. What is the primary purpose of a work breakdown structure (WBS) in project management? a) Identifying critical paths b) Allocating resources c) Breaking down complex projects into manageable tasks d) Tracking project costs
25. Which of the following is NOT a key factor in location selection for a manufacturing facility? a) Proximity to suppliers b) Labor availability and cost c) Access to international markets d) Proximity to competitors
26. Which inventory costing method assumes that the most recently purchased items are the first to be sold? a) LIFO (Last-In, First-Out) b) FIFO (First-In, First-Out) c) Weighted Average d) Specific Identification
27. What is the main goal of supply chain optimization? a) Maximizing transportation costs b) Reducing supplier relationships c) Balancing supply and demand while minimizing costs d) Increasing lead times
28. What is the primary objective of process reengineering in operations management? a) Maximizing production efficiency b) Streamlining and improving processes c) Reducing employee turnover d) Increasing product variety
29. Which of the following is NOT a key element of demand forecasting? a) Historical data analysis b) Market research c) Employee training d) Seasonal analysis
30. What is the main purpose of a control chart in quality management? a) To monitor and control process performance b) To track employee attendance c) To calculate the return on investment d) To determine the cost of production
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