Question: 1 . * * What is the primary objective of operations management? * * - A ) To manage people and control finances - B

1.**What is the primary objective of operations management?**
- A) To manage people and control finances
- B) To maximize profit by improving the efficiency of production and operations
- C) To focus solely on product design
- D) To advertise and sell products
2.**Which of the following best describes 'lean manufacturing'?**
- A) Increasing product variety
- B) Eliminating waste while maintaining productivity
- C) Expanding production capacity
- D) Reducing product quality for cost-saving
3.**What is a 'bottleneck' in a production process?**
- A) A type of machinery
- B) A point in the production process where the flow of operations slows down
- C) A strategy for quality management
- D) A method for employee evaluation
4.**Which of the following is a principle of Total Quality Management (TQM)?**
- A) Cost reduction through employee layoffs
- B) Continuous improvement in all aspects of operations
- C) Focus on supplier costs
- D) Limited stakeholder involvement
5.**What is the main purpose of using Gantt charts in operations management?**
- A) To organize employee records
- B) To provide legal documentation
- C) To plan and schedule project tasks
- D) To analyze the financial status of a company
6.**Which inventory management technique uses a classification system based on the value and frequency of items sold?**
- A) Just-In-Time (JIT)
- B) First In, First Out (FIFO)
- C) ABC Analysis
- D) Economic Order Quantity (EOQ)
7.**In the context of supply chain management, what does 'just-in-time' (JIT) aim to achieve?**
- A) Reduction in process setup time
- B) Increase in inventory levels
- C) Minimization of inventory holding costs
- D) Maximization of employee performance
8.**What role does 'forecasting' play in operations management?**
- A) Predicting financial losses
- B) Estimating future demand to align operations
- C) Deciding on employee benefits
- D) Selecting new business locations
9.**Which of the following is an example of a 'process layout'?**
- A) An assembly line
- B) A hospital
- C) A cafeteria
- D) A car dealership
10.**What does the term 'Six Sigma' primarily focus on?**
- A) Employee recruitment
- B) Cost reduction
- C) Defect reduction to improve quality
- D) Expansion of business operations
11.**Capacity planning is vital for:**
- A) Determining the maximum number of goods a facility can produce
- B) Establishing the company's brand
- C) Training new employees
- D) Launching marketing campaigns
12.**ERP systems in operations management help in:**
- A) Enhancing personal relationships
- B) Integrating all data and processes of an organization into a unified system
- C) Reducing the number of employees
- D) Simplifying individual tasks
13.**Which is a key benefit of maintaining quality control in operations management?**
- A) Decreasing the variety of products
- B) Increasing customer satisfaction and loyalty
- C) Limiting employee interaction
- D) Ignoring feedback mechanisms
14.**What does 'outsourcing' in operations management refer to?**
- A) Moving operations to a coastal area
- B) Delegating operations or jobs from internal production within a business to an external entity
- C) Reducing the scale of operations
- D) Increasing internal production capacity
15.**What is the significance of 'supply chain management' in operations management?**
- A) It focuses only on internal processes
- B) It ensures that operations are independent of suppliers
- C) It oversees the flow of goods and services from origin to consumption
- D) It restricts information flow between departments
16.**Which technique is used for monitoring the progress of projects in operations management?**
- A) Time-motion studies
- B) The Critical Path Method (CPM)
- C) Performance appraisals
- D) Profit and loss analysis
17.**What is the main purpose of 'workforce scheduling'?**
- A) To allocate budget for new projects
- B) To ensure the right number of workers are in the right place at the right time
- C) To manage customer complaints
- D
) To purchase raw materials
18.**In operations management, 'Kaizen' refers to:**
- A) A sudden breakthrough in performance metrics
- B) Continuous improvement in all functions of an organization
- C) The purchase of new equipment
- D) A restructuring of company management
19.**Which operational strategy involves the production of goods only after receiving customer orders?**
- A) Make-to-Stock (MTS)
- B) Make-to-Order (MTO)
- C) Buy-to-Order (BTO)
- D) Assemble-to-Order (ATO)

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