Question $1$: Which of the following is a key objective of operations management?

$*($A$)$ Maximizing revenue

$*($B$)$ Minimizing lead times

$*($C$)$ Creating marketing strategies

$*($D$)$ Managing long$-$term investments

Question $2$: Capacity planning is concerned with:

$*($A$)$ Matching the available resources of a business with customer demand

$*($B$)$ Managing the design and specifications of new products

$*($C$)$ Implementing strategies to gain a competitive advantage

$*($D$)$ Monitoring financial performance

Question $3$: The critical path in project management refers to:

$*($A$)$ The shortest possible time to complete a project

$*($B$)$ The sequence of activities with the longest total duration

$*($C$)$ The most important tasks to ensure project success

$*($D$)$ The activities that determine the budget of the project

Question $4$: Just$-$in$-$time $($JIT$)$ inventory management aims to:

$*($A$)$ Minimize inventory levels to reduce holding costs

$*($B$)$ Increase inventory to avoid stockouts

$*($C$)$ Optimize inventory ordering for seasonal goods

$*($D$)$ Increase safety stock to prevent delays

Question $5$: Which quality control method emphasizes prevention of defects over inspection?

$*($A$)$ Total Quality Management $($TQM$)$

$*($B$)$ Statistical Process Control $($SPC$)$

$*($C$)$ Pareto Analysis

$*($D$)$ Quality Assurance

Question $6$: A bottleneck in a production process is:

$*($A$)$ An activity that limits the overall output

$*($B$)$ A point where materials are stored

$*($C$)$ A step where quality checks are performed

$*($D$)$ The final stage of production

Question $7$: Which of the following is NOT a typical input to a production system?

$*($A$)$ Materials

$*($B$)$ Information

$*($C$)$ Customers

$*($D$)$ Market trends

Question $8$: Value stream mapping is a tool used to:

$*($A$)$ Visualize and analyze processes to find waste

$*($B$)$ Calculate the return on investment $($ROI$)$ for projects

$*($C$)$ Design a new facility layout

$*($D$)$ Track customer complaints

Question $9$: What is the primary focus of lean manufacturing?

$*($A$)$ Reducing costs by eliminating waste

$*($B$)$ Maximizing output regardless of cost

$*($C$)$ Increasing revenue through pricing strategies

$*($D$)$ Customizing products to match individual needs

Question $10$: When would a make$-$to$-$stock production strategy be most appropriate?

$*($A$)$ When products are highly customized

$*($B$)$ When demand is predictable and steady

$*($C$)$ When lead times are long

$*($D$)$ When the product has a short shelf life $!$