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### Question $1$:

Which of the following is a key objective of operations management?

A$)$ Maximizing marketing efficiency

B$)$ Minimizing production costs

C$)$ Maximizing shareholder wealth

D$)$ Enhancing product design

### Question $2$:

In which phase of the product life cycle is demand forecasting most critical?

A$)$ Introduction

B$)$ Growth

C$)$ Maturity

D$)$ Decline

### Question $3$:

What is the primary purpose of Just$-$In$-$Time $($JIT$)$ inventory management?

A$)$ Increase inventory levels

B$)$ Reduce inventory levels

C$)$ Extend lead times

D$)$ Enhance employee satisfaction

### Question $4$:

Which technique is used to determine the sequence of jobs to be processed on machines?

A$)$ Linear programming

B$)$ PERT$/$CPM

C$)$ Scheduling

D$)$ Forecasting

### Question $5$:

Which inventory management technique classifies inventory into three categories based on value?

A$)$ FIFO

B$)$ LIFO

C$)$ ABC analysis

D$)$ JIT

### Question $6$:

What is the primary goal of Total Quality Management $($TQM$)?$

A$)$ Reducing marketing expenses

B$)$ Enhancing product quality

C$)$ Increasing production speed

D$)$ Expanding market share

### Question $7$:

Which of the following is a tool used in Six Sigma methodology?

A$)$ Fishbone diagram

B$)$ SWOT analysis

C$)$ PEST analysis

D$)$ Balance scorecard

### Question $8$:

In a make$-$or$-$buy decision, what is the primary factor considered?

A$)$ Advertising costs

B$)$ Production quality

C$)$ Cost comparison

D$)$ Employee satisfaction

### Question $9$:

Which scheduling technique is used for project management to identify the critical path?

A$)$ Gantt chart

B$)$ PERT$/$CPM

C$)$ Kanban

D$)$ Just$-$In$-$Time

### Question $10$:

Which production strategy is characterized by producing goods only when they are needed?

A$)$ Make$-$to$-$stock

B$)$ Make$-$to$-$order

C$)$ Assemble$-$to$-$order

D$)$ Engineer$-$to$-$order

### Question $11$:

What is a primary advantage of using an ERP system in operations management?

A$)$ Increased marketing reach

B$)$ Enhanced data accuracy and availability

C$)$ Higher production costs

D$)$ Limited access to information

### Question $12$:

Which of the following is NOT a component of the supply chain?

A$)$ Suppliers

B$)$ Manufacturers

C$)$ Customers

D$)$ Competitors

### Question $13$:

What is the focus of Lean Manufacturing?

A$)$ Increasing inventory

B$)$ Reducing waste

C$)$ Extending lead times

D$)$ Increasing product variety

### Question $14$:

In the context of inventory management, what does EOQ stand for?

A$)$ Economic Order Quantity

B$)$ Essential Order Quality

C$)$ Economic Operations Quota

D$)$ Essential Operations Quantity

### Question $15$:

Which of the following is a key aspect of capacity planning?

A$)$ Determining the product price

B$)$ Identifying marketing strategies

C$)$ Assessing production capabilities

D$)$ Developing financial reports

### Question $16$:

Which layout is best suited for producing a large volume of standardized products?

A$)$ Process layout

B$)$ Product layout

C$)$ Fixed$-$position layout

D$)$ Cellular layout

### Question $17$:

In operations management, what does MRP stand for?

A$)$ Market Resource Planning

B$)$ Material Requirements Planning

C$)$ Manufacturing Resource Planning

D$)$ Management Resource Planning

### Question $18$:

Which of the following best describes a pull system?

A$)$ Products are pushed to customers without waiting for demand

B$)$ Production is based on actual demand rather than forecasts

C$)$ Inventory levels are kept high to meet unexpected demand

D$)$ Production schedules are fixed regardless of demand changes

### Question $19$:

Which method is used for continuous improvement by eliminating inefficiencies?

A$)$ Kaizen

B$)$ SWOT analysis

C$)$ Market analysis

D$)$ Financial auditing

### Question $20$:

In supply chain management, what is the bullwhip effect?

A$)$ Increased efficiency due to centralized management

B$)$ Reduction in production lead times

C$)$ Amplification of demand fluctuations as one moves up the supply chain

D$)$ Direct communication between suppliers and customers

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