MGT613 MCQs Mega File

Q1. Which of the following functions of an organization consists of all activities directly related to production of a good or service? (1 marks)

Operations Marketing Accounting Finance

Q2. Operations manager is responsible for all of the following EXCEPT: Forecasting (1 marks)

Inventory management

Distributing organizations’ goods

Q3. What would be the productivity if a machine produced 50 units in 3 hours? (1 marks)

1. 066 units per hr
2. 66 units per hr
3. 766 units per hr
4. 66 units per hr

Q4. Which of the following is (1 marks)

NOT

usually considered a general characteristic of a service?

Production and sales cannot easily be separated functionally

Many services involve both tangible and intangible outputs Production and consumption can always be separated Degree of customer contact is high

Q5. Which one of the following formulae can be used to compute value? (Quality + Speed – Flexibility) / Cost (1 marks)

(Quality + Speed+ Flexibility) / Cost (Quality + Speed - Cost) / Flexibility (Quality + Speed+ Cost) / Flexibility

Q6. A business process is a logical set of tasks or activities that: (1 marks)

Are specific to the operations function Are specific to the marketing function

Are interdependent with other processes Have exactly the same performance measures for any process

Q7. Which one of the following correctly explains the qualitative forecasting technique? It consists mainly of numerical descriptions and defies subjective inputs of managers. (1 marks)

It consists mainly of subjective inputs and defies particular numerical descriptions. It consists mainly of subjective inputs and defies human factor, personal opinions.

It consists mainly of analyzing objective and hard data and defies human factor, opinion.

Q8. Which one of the following refers to the volume of output at which total cost equals total revenue? (1 marks)

Optimal operating rate

Break even point Feasible volume Utilization

Q9. Which one of the following techniques uses historical data to predict future value of a variable of interest? (1 marks)

Time series method Causal forecasting method Qualitative forecasting method Intuitive forecasting method

Q10. Which of the following refers to the essential elements of operations strategy? Policies, tactics and objectives (1 marks)

Plans, strategies and vision Mission, goals and plans

Mission, policies and distinctive competencies

Q11. Which one of the following correctly explains the quantitative forecasting technique? It consists mainly of numerical descriptions and resist subjective inputs of managers. (1 marks)

It consists mainly of subjective inputs and resist particular numerical descriptions. It consists mainly of subjective inputs and resisit human factor, personal opinions. It consists mainly of analyzing objective and hard data and resist human factor, opinion.

Q12. Which one of the following is an implication of laplace approach of decision making? The best of the worst possible payoff (1 marks)

The best possible payoff

The best average payoff The least of the worst regrets

Q13. demand (1 marks)

Medium facility 12,000 20,000

Which one of the following is the correct payoff under MAXIMAX approach? Rs. 10,000 Rs. 18,000 Rs. 20,000

Rs. 32,000

Q14. The process selection should take into account all of the following EXCEPT (1 marks)

Design of work systems

Production forecasts Selection of technology

Q15. A self-service cafeteria is usually positioned as: (1 marks)

Q16. demand (1 marks)

Medium facility