Which of the following statements corresponds to an order-winning characteristic?
A factor which may be significant in other parts of the organization
A factor which gives an organization a competitive edge
A factor which serves as a minimum standard for purchase
A factor which increases the profitability of the organization
Question # 2
Six Sigma is primarily centered towards all of the following except:
Cost cutting
Continuous improvement
Time saving
Quality improvement
Question # 3
Which one the following is an assumption of center of gravity method?
The quantity to be shipped is variable
The quantity to be shipped is fixed
The quantity carries no value
The quantity to be shipped should be extraordinarily high
Question # 4
Ali dialed Customer Service Representative of WARID who very friendly and sociably responded his queries. Which dimension of service quality is referred to in this example.
Responsiveness
Courtesy
Reliability
Convenience
Question # 5
Operations based strategy involves all activities except;
Supply chain management
Quick response to customer needs
Flexibility and inventory management
Identifying customer wants and needs
Question # 6
There is no inventory buildup when:
Usage rate exceeds production rate
Usage and production rates are equal
Production rate exceeds usage rate
Orders are frequently placed
Question # 7
_______ is the demand that occurs because the quantity required is a function of the demand for other items held in inventory
Dependent demand
Independent demand
Scheduled demand
None of the above
Question # 8
Planning is much easier and flexible in which of the following?
Manufacturing
Services
Production
Research and development
Question # 9
Which of the following is NOT MRP output?
Planned orders
Changes in dates and order
Order releases
Scheduled receipts
Question # 10
Lot sizing determines the ____ and ____ of order quantity
Timing, date
Date, size
Timing, size
Size, price
Question # 11
Which of the following time fences in a Master Production Schedule (MPS) allows many variations in products with multiple changes?
Fixed time fence
Moderately firm time fence
Frozen time fence
Flexible time fence
Question # 12
Which ONE of the following forms a bridge between two islands of Engineering and Management?
Production Engineering
Operations Management
Industrial Management
Operations Engineering
Question # 13
In six sigma process, ________ stage comes after the “Analyze” stage
Control
Improve
Choose
Monitor
Question # 14
Organizational strategies relate to which of the following sets of factors?
Survival, profitability, growth rate and market share
Profitability, survival, lead times and target market
Quality, operating resources, growth rate and market share
Scheduling, profitability, lead times and survival
Question # 15
Which one of the following is the final stage of product life cycle?
Growth
Decline
Maturity
Planning
by VUsolutions
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