Mgt613 Online Quiz

Question # 1 of 15 ( Start time: 09:41:27 PM ) Total Marks: 1
Which one of the following strategies specifies how the firm will employ its production capabilities to support its corporate strategy?
Select correct option:
Tactical
Operations
Manufacturing
Production
Question # 2 of 15 ( Start time: 09:42:06 PM ) Total Marks: 1
Which one of the following is true about Taguchi approach?
Select correct option:
To test the robustness of a design
To articulate the “voice of the customer”
To reduce the degree of automation
To create a concurrent design
Question # 3 of 15 ( Start time: 09:42:40 PM ) Total Marks: 1
Which method of forecasting is most widely used?
Select correct option:
Regression analysis
Adaptive forecasting
Weighted moving average
Exponential smoothing
Question # 4 of 15 ( Start time: 09:43:08 PM ) Total Marks: 1
Which of the following is not an attribute to classify services?
Select correct option:
Tangibility
Perish ability
Simultaneity
Degree of Customer Contact
Question # 5 of 15 ( Start time: 09:43:37 PM ) Total Marks: 1
Which of the following forecasting technique is used when introducing new products, services, new features and new packaging?
Select correct option:
Quantitative technique
Associative model
Focus *****
Judgmental forecast
Question # 6 of 15 ( Start time: 09:44:07 PM ) Total Marks: 1
Which of the following is NOT usually considered a general characteristic of a service?
Select correct option:
Degree of customer contact is high
Production and sales cannot easily be separated functionally
Many services involve both tangible and intangible outputs
Production and consumption can always be separated
Question # 7 of 15 ( Start time: 09:45:02 PM ) Total Marks: 1
MTBF refers to which of the following?
Select correct option:
Measure time before failure
Mean time between failures
Mean time before failure
Measure test before failure
Question # 8 of 15 ( Start time: 09:45:34 PM ) Total Marks: 1
Which one of the following is used to generate consensus forecast?
Select correct option:
Delphi method
Time series method
Exponential smoothing
Associative model
Question # 9 of 15 ( Start time: 09:46:09 PM ) Total Marks: 1
Characteristics like taste, feel, expertise, image or reputation relates to -----------.
Select correct option:
Subjective inputs
Objective inputs
Quantitative technique
None of the given options
Question # 10 of 15 ( Start time: 09:46:48 PM ) Total Marks: 1
Which of the following statement is NOT correct with respect to models in operations management?
Select correct option:
Models are easy to use, less expensive
Models have specific objectives
Models don’t have the standardized format
Models enables “what if” questions
Question # 11 of 15 ( Start time: 09:47:43 PM ) Total Marks: 1
Which one of the following forms of productivity has units of output per dollar input?
Select correct option:
Capital
Energy
Labor
Machine
Question # 12 of 15 ( Start time: 09:48:15 PM ) Total Marks: 1
Which of the following statements is TURE about production system?
Select correct option:
A user of resources to transform inputs into some desired outputs
Enhancing value added services
Only desired output in the form of products or manufactured goods
Making efficient use of Internet technology
Question # 13 of 15 ( Start time: 09:49:02 PM ) Total Marks: 1
Organizational strategies relate to which of the following sets of factors?
Select correct option:
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 # 14 of 15 ( Start time: 09:49:41 PM ) Total Marks: 1
Which one of the following is NOT used for decision making under uncertainty?
Select correct option:
Maximax
Mmaximin
Mminimax regret
EMV criterion
Question # 15 of 15 ( Start time: 09:50:02 PM ) Total Marks: 1
Services differ from manufacturing in all the following ways EXCEPT:
Select correct option:
Customers typically interact directly with the service delivery process
Consumption and production take place simultaneously.
Services are intangible.
Services can be stored.