$1.$ Which term describes the process of continuously improving production processes and products? A$)$ Kaizen B$)$ Kanban C$)$ Keiretsu D$)$ KPI $2.$ What is the primary purpose of using a Gantt chart in project management? A$)$ To monitor cost expenditures B$)$ To track project timelines C$)$ To evaluate employee performance D$)$ To measure product quality $3.$ What does ERP stand for in operations management? A$)$ Employee Retirement Plan B$)$ Estimated Revenue Projection C$)$ Enterprise Resource Planning D$)$ Executive Role Play $4.$ Which strategy focuses on having the supplier manage the inventory of goods at the customer's premises? A$)$ Vendor$-$managed inventory B$)$ Cross$-$docking C$)$ Drop shipping D$)$ High rack storage $5.$ What is the main goal of capacity planning in operations management? A$)$ To reduce the workforce B$)$ To increase profit margins C$)$ To match the production rate with demand D$)$ To minimize advertising costs $6.$ What type of process layout is designed around a fixed sequence of operations and is highly standardized? A$)$ Cellular layout B$)$ Product layout C$)$ Process layout D$)$ Fixed position layout

$7.$ In quality control, what statistical method is used to control process variations? A$)$ Brainstorming

B$)$ Control charts

C$)$ Benchmarking

D$)$ Cost$-$benefit analysis

$8.$ What is the main benefit of implementing Total Quality Management $($TQM$)$ in an organization? A$)$ Speeding up product development B$)$ Reducing external audit requirements C$)$ Improving overall product and service quality D$)$ Decreasing the number of suppliers

$9.$ Which logistics strategy involves storing no inventory and only producing goods when there is an actual order? A$)$ Make$-$to$-$stock B$)$ Make$-$to$-$order C$)$ Assemble$-$to$-$order D$)$ Engineer$-$to$-$order

$10.$ Which theory focuses on reducing seven types of waste in manufacturing processes? A$)$ Theory X B$)$ Theory Y

C$)$ Theory Z

D$)$ Lean Theory