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3 . Just - in - Time ( JIT ) is a production strategy that aims to: A ) Maximize inventory levels B ) Minimize
JustinTime JIT is a production strategy that aims to:
A Maximize inventory levels
B Minimize production lead times
C Maximize production batch sizes
D Minimize customer demand fluctuations
Total Quality Management TQM is a philosophy that emphasizes:
A Reducing employee involvement in decisionmaking
B Minimizing customer feedback
C Continuous improvement and customer satisfaction
D Reducing production costs at all costs
Which of the following is a key performance metric used in operations management to measure efficiency?
A Return on Investment ROI
B Customer Satisfaction Index CSI
C Inventory Turnover Ratio
D Employee Engagement Score
The process of determining the best way to produce a product or deliver a service is known as:
A Quality control
B Process improvement
C Facility layout
D Capacity planning
What does the term "lead time" refer to in operations management?
A The time it takes for a product to deteriorate
B The time it takes to complete a production order
C The time it takes to train a new employee
D The time it takes to ship a product to a customer
Which inventory management method involves keeping a constant amount of inventory on hand and ordering more when it reaches a certain level?
A JustinTime JIT
B Economic Order Quantity EOQ
C Safety stock
D ABC analysis
In the context of supply chain management, what does "bullwhip effect" refer to
A A sudden increase in demand for a product
B A gradual decrease in the quality of a product
C The distortion of demand information as it moves up the supply chain
D A sudden increase in the price of raw materials
Which of the following is a key factor in facility location decisions in operations management?
A Proximity to competitors
B Availability of skilled labor
C Weather conditions
D Historical significance
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