Production and Operations Management MCQs with answers

Production and Operations Management MCQs with answers

Production and Operations Management MCQs with answers pdf. MCQ on Production and Operations Management for MBA, BBA Exams.

Are you a student looking to hone your knowledge in the field of Production and Operations Management? Or perhaps you are a professional looking to refresh your memory regarding concepts you learned in your studies?

Regardless of who you are, if you’re searching for multiple-choice questions (MCQs) on the subject, then this article is an excellent resource. In it, you will find a range of MCQs that cover all aspects related to Production and Operations Management.

Production and Operations Management

What is Production and Operations Management

Production and operations management (POM) is a field of study that deals with the efficient planning, organizing, and controlling of the processes used in manufacturing goods or delivering services.

The primary objective of POM is to ensure that organizations can produce their products and services efficiently while providing high-quality goods and services to customers. This involves managing resources such as labor, materials, machinery, and technology.

In other words, production and operations management is all about ensuring that an organization’s manufacturing or service delivery processes are streamlined for optimal efficiency. This includes everything from sourcing raw materials to final product delivery.

It also involves monitoring production schedules, quality control measures, inventory management systems, supplier relationships, logistics issues, and more.

Ultimately, production and operations management plays a crucial role in any organization’s success by improving process efficiency while minimizing costs.

The “Capitals costs” is.

Ans: Capital costs are an essential consideration for any business that intends to expand or invest in new projects. The term refers to the expenses incurred to acquire and maintain assets such as buildings, equipment, and machinery. Companies often face challenges when it comes to evaluating the capital investment return, which is why understanding how capital costs work is crucial.

One of the critical factors that affect capital costs is the type of asset being acquired. Some assets require significant investments while others may be less expensive.

Additionally, companies must consider factors such as maintenance expenses, depreciation rates, and potential resale value when calculating their overall capital cost outlay.

Another factor that affects capital costs is financing options. Businesses can choose between various funding sources such as loans, equity financing or leasing arrangements when acquiring new assets. Each option has unique advantages and disadvantages depending on a company’s financial situation and long-term goals.

Production and Operations Management MCQs

1. Production Management starts with. (1 Marks Question)
a. Aggregate planning
b. Average planning
c. Strategy formulation
d. None of the above

Answer: (a)

2. Job descriptions are important too.
a. Select the personnel
b. Train the personnel
c. Deploy the personnel
d. All of the above

Answer: (d)

3. It is defined as the number of orders to be picked simultaneously by a picker in an assignment.
a. Order picking
b. Order extent
c. Coverage extent
d. Both a & b

Answer: (b)

4. “Capitals Costs” is.
a. Recurring
b. Non-recurring
c. Occurring
d. Non-occurring

Answer: (b)

5. Strategies are formulated based on the ___ of the organization and the environment in which it is carrying on the business.
a. Mission
b. Objectives
c. Vision
d. Goals

Answer: (a)

6. ___ is at the core of all strategies.
a. Resources
b. Operations
c. Competitiveness
d. Manpower

Answer: (c)

7. Customers come and stay because of this factor.
a. Quality
b. Time
c. Flexibility
d. All of the above

Answer: (a)

8. A ___ is the result of a decision taken at the highest level.
a. Corporate strategy
b. Business strategy
c. Operations strategy
d. Management strategy

Answer: (b)

9. ___ has become fundamental for an organization’s existence.
a. Customized product
b. Variability in product
c. Cost-effectiveness
d. Assurance of quality

Answer: (d)

10. ___ means the positioning of various types of equipment, pieces of machinery, departments facilities to maximize productivity and space utilization.
a. Layout
b. Blueprint
c. Portfolio
d. Mapping

Answer: (a)

11. In this method, the various factors are given ratings depending upon the perception of the management.
a. Factor rating method
b. Rating plan method
c. Point rating method
d. Break-even analysis

Answer: (b)

12. Elements of the second category of resources are.
a. Processes
b. Technology
c. Technique
d. All of the above

Answer: (d)

13. ___ specific activities & procedures adopted using data for determining a particular aspect of quality for arriving at decisions that are conclusive.
a. Processes
b. Techniques
c. Methodologies
d. Strategies

Answer: (b)

14. Quality Loss function.
L = C (X-T)2 was developed by
a. Crosby
b. Juran
c. Taguchi
d. Deming

Answer: (c)

15. ___ deals with the conversion of the logical model into the relational model.
a. Business model
b. Business process
c. Physical modeling
d. None of the above

Answer: (c)

16. It focuses upon the needs of the business, its activities, its flow, and the data entities they create and are defined.
a. Logical modeling
b. Relational modeling
c. Physical modeling
d. Business modeling

Answer: (a)

17. ___ is the complete set of tasks, techniques, tools applied during project execution.
a. Control function
b. Quality control
c. Project management
d. Evaluation & assessment

Answer: (c)

18. A ___ consists of the various activities of operations, resources, and the limitations imposed on them.
a. Project cycle
b. Project
c. Process
d. Project management

Answer: (a)

19. ___ and ___ need to see each project schedule, priority, and use of resources to determine the most efficient use across the organization.
a. Project manager, department manager
b. Project leader, project manager
c. Project leader, the project team
d. Project manager, the project team

Answer: (a)

20. Structure planning based on.
a. Project management life cycle
b. Project
c. Project management
d. Process of the project

Answer: (a)

21. This is the initial phase of any project.
a. Marketing phase
b. Analysis and evaluation phase
c. Design phase
d. Execution phase

Answer: (b)

22. ___ is necessary to control the increase of work at various stages of the project and to manage effect effectively the disruptions in the stages.
a. Controlling
b. Change management
c. Change control
d. None of the above

Answer: (c)

23. Rank the risk based on the probability and effect on the project.
a. Risk prioritizing
b. Risk mitigation
c. Risk control
d. Risk assessment

Answer: (a)

24. A project management information system holds.
a. Schedule
b. Scope changes
c. Risk assessment & results
d. All of the above

Answer: (d)

25. The perception of a manager in current trends in project management is.
a. To obtain the result
b. To satisfy customers
c. To develop business
d. To exploit resources

Answer: (a)

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