Question: 1 . * * What is the primary objective of operations management? * * - A ) To manage people and control finances - B
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
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 costsaving
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
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
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
Which inventory management technique uses a classification system based on the value and frequency of items sold?
A JustInTime JIT
B First In First Out FIFO
C ABC Analysis
D Economic Order Quantity EOQ
In the context of supply chain management, what does 'justintime' 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
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
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
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
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
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
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
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
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
Which technique is used for monitoring the progress of projects in operations management?
A Timemotion studies
B The Critical Path Method CPM
C Performance appraisals
D Profit and loss analysis
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
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
Which operational strategy involves the production of goods only after receiving customer orders?
A MaketoStock MTS
B MaketoOrder MTO
C BuytoOrder BTO
D AssembletoOrder ATO
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