$1.**$Question on Inventory Management$**$:

"Which of the following inventory management techniques focuses on keeping stock levels low by receiving goods only as they are needed in the production process?"

$-$ A$)$ Just$-$in$-$Time $($JIT$)$

$-$ B$)$ Economic Order Quantity $($EOQ$)$

$-$ C$)$ ABC Analysis

$-$ D$)$ Last$-$In$-$First$-$Out $($LIFO$)$

$2.**$Question on Process Design$**$:

$"$In Operations Management, which process design layout is typically used for high$-$variety, low$-$volume production?"

$-$ A$)$ Product Layout

$-$ B$)$ Process Layout

$-$ C$)$ Fixed Position Layout

$-$ D$)$ Cellular Layout

$3.**$Question on Quality Management$**$:

"Which of the following is a principle of Total Quality Management $($TQM$)?"$

$-$ A$)$ Focused factory

$-$ B$)$ Continuous improvement

$-$ C$)$ Economies of scale

$-$ D$)$ Theory of constraints

Question: Production Line Efficiency Analysis

A manufacturing company operates a production line for assembling electronic gadgets. The line consists of four key stages: Component Assembly, Quality Testing, Packaging, and Final Inspection. The diagram below illustrates the time taken for each stage per unit and the number of units that can be processed simultaneously at each stage.

Component Assembly: $10$ minutes per unit, $5$ units simultaneously

Quality Testing: $15$ minutes per unit, $3$ units simultaneously

Packaging: $5$ minutes per unit, $10$ units simultaneously

Final Inspection: $8$ minutes per unit, $4$ units simultaneously

Diagram Requirements:

A linear representation of the production line showing each stage.

Time per unit and simultaneous capacity for each stage.

A flow from left to right indicating the progression of units through each stage.

Calculation Task:

Calculate the throughput time for a single unit and the bottleneck of the production line.