1) Operations management does NOT include the management of

A) Raw material and equipment B) Capital C) Human resources

D) Suppliers

2) Which of the following is NOT a common reason to measure productivity?

A) To determine the bonus of plant managers B) To price products with appropriate margin C) To benchmark across products

D) To benchmark across production lines

3) A firm has redesigned its production process so that its throughput time is reduced from 15 hours to 10 hours. If the process output is two units each hour on average, what is the reduction in its work in process?

A) 5

B) 20

C) 10

D) 15

4) Suppose you wish to forecast sales of a new type of indoor paint that will be introduced to market next month. Which of the following approaches is most likely to be used?

A) Qualitative method B) Simple moving average

C) Exponential smoothing

D) Regression

5) To achieve JIT, a company should NOT A) Look at manufacturing as a PULL system

B) Increase batch size C) Develop a responsive supply process D) Reduce waste

6) Operations strategy is about A) Searching for a favorable competitive position in an industry B) Enabling the execution of the business strategy C) Establishing a profitable and sustainable position D) Managing and improving operational repetitive economic activities