Question: Project Management: In project management, the Critical Path Method (CPM) is used to: a) Identify the shortest path to complete a project b) Estimate the

Project Management: In project management, the Critical Path Method (CPM) is used to: a) Identify the shortest path to complete a project b) Estimate the costs of a project c) Manage project risks d) Allocate resources efficiently

Inventory Management Techniques: Which of the following is a popular inventory management technique? a) JIT (Just in Time) b) FIFO (First in First Out) c) LIFO (Last in First Out) d) All of the above

Quality Management Principles: Total Quality Management (TQM) is centered around which of the following principles? a) Customer-focused organization b) Continuous improvement c) Process-centered approach d) All of the above

Supply Chain Management: Which of these is not typically considered a part of the supply chain? a) Suppliers b) Distributors c) Customers d) Competitors

Operations Strategy: Which of the following is not a typical objective of operations strategy? a) Cost reduction b) Increasing market share c) Environmental sustainability d) Employee downsizing

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