MGT613 Final Term Online Quizzes

MGT613 Online Quiz#4…Lecture#1 to 39.. · Solved By · Askari Team..

Q1. of 15 ( Start time: 12:24:03 AM ) Total Marks: 1

Strategy design process in initiated by:

Corporate strategy Needs of the customer Operations Strategy All of the above

Q2. of 15 ( Start time: 12:24:46 AM ) Total Marks: 1

Maintaining quality is the responsibility of ______ in the organization.

Operations Department

Top Management

Quality Control Department

Everyone

Q3. of 15 ( Start time: 12:25:10 AM ) Total Marks: 1

Which of the following is one of the two relevant costs in Economic Order Quantity Model?

Shortage costs Annual inventory holding cost Opportunity cost Shrinkage cost

Q4. of 15 ( Start time: 12:26:14 AM ) Total Marks: 1

The forecasting model that is based upon estimates of salesperson's expected sales is likely to be called ________.

Delphi method Sales force combination Consumer market survey Panel of executive opinion

Q5. of 15 ( Start time: 12:26:38 AM ) Total Marks: 1

What would be the output capacity if an assembly line operates for 7 hours per day with a cycle time of 2.0 minutes?

210 units per day

3. 5 units per day
4. 004 units per day

14 units per day

Q6. of 15 ( Start time: 12:27:00 AM ) Total Marks: 1

In terms of operations management the forecast which projects a company’s sales is called:

Economic forecast Technological forecast Demand forecast Associative model

Q7. of 15 ( Start time: 12:27:19 AM ) Total Marks: 1

Which one of the following reasons account for using moving average in forecasting?

It eliminates the trend It smoothes the random fluctuations It counteracts the seasonal variations It approximates the period average

Q8. of 15 ( Start time: 12:28:07 AM ) Total Marks: 1

Seagate, a disk driver manufacturer advertises that its high performance disk drivers have a mean time failure of 1.2 million

hours. If the disk lived upto that claim, it would come under which TQM customer driven dimension of quality?

Value Fitness for use Conformance to specification Quality in design

Q9. of 15 ( Start time: 12:28:46 AM ) Total Marks: 1

_____ allows the managers to anticipate the future so that they can plan accordingly.

Planning Controlling Forecasting Organizing

Q10. of 15 ( Start time: 12:29:11 AM ) Total Marks: 1

Capacity options are usually of __________ range in nature

Short

Long

Intermediate

Periodical

Q11. of 15 ( Start time: 12:30:39 AM ) Total Marks: 1

The ultimate goal of rough-cut capacity planning is: