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MGT613 Mid Term Past Paper 1

The document contains a midterm exam for an operations management course. It includes multiple choice questions about topics like productivity, operations management functions, forecasting techniques, break even analysis, process selection and layout. It also includes short answer questions asking about reasons for process layout, benefits of concurrent engineering, matching business types to appropriate process systems, factors influencing capacity planning frequency, and reasons corporations may not pursue globalization.

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Umer Farooq
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3K views9 pages

MGT613 Mid Term Past Paper 1

The document contains a midterm exam for an operations management course. It includes multiple choice questions about topics like productivity, operations management functions, forecasting techniques, break even analysis, process selection and layout. It also includes short answer questions asking about reasons for process layout, benefits of concurrent engineering, matching business types to appropriate process systems, factors influencing capacity planning frequency, and reasons corporations may not pursue globalization.

Uploaded by

Umer Farooq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MGT613 Mid Term

The management of systems or processes that creates goods and provides


services is known as:
►OperationManagement
►Operation/production Management
►Operation/ResearchManagement
►Production/Research Management
Which one of the following forms of productivity has units of output per shift?
►Capital
►Energy
►Labor
►Machine
Which one of the following forms of productivity is expressed as dollar value of
output per kilowatt hour?
►Machine
►Capital
►Energy
►Labor
What would be the productivity if a machine produced 50 units in 3 hours?
►0.066 units per hr
►16.66 units per hr
►6.766 units per hr
►60.66 units per hr

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MGT613 Mid Term

Which of the following functions of an organization consists of all activities


directly related to production of a good or service?
►Operations
►Marketing
►Accounting
►Finance
Which of the following is NOT a decision to be made by operations managers?
►How much capacity is required to balance demand?
►What should be the location and layout of a facility?
►How to improve operational efficiency?
►Which market areas to manufacture the products for?
All of the following are the decision areas of an operations manager EXCEPT:
► Financial reporting
►Inventory management
►Scheduling tasks
►Supply chain management
Organizational strategies relate to which of the following sets of factors?
►Survival, profitability, growth rate and market share
►Profitability, survival, leads times and target market
►Quality, operating resources, growth rate and market share
►Scheduling, profitability, lead times and survival
Which of the following statements describes an order-qualifier characteristic?

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MGT613 Mid Term

►A competitive dimension used to make final decision among competitors


►A factor which directly and significantly contribute to winning business
►A factor which increases the profitability of the organization
►A factor perceived as a minimumstandard as a potential for purchase
To make operations strategy effective it should be:
►Independent of the organization’s strategy
►Consistent with the organization’s strategy
►Developed by a first line manager
►Independent of time dimension
Which one of the following correctly explains the qualitative forecasting
technique?
► It consists mainly of numerical descriptions and defies subjective inputs
of managers.
► 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.
Which one of the following correctly explains the quantitative forecasting
technique?

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MGT613 Mid Term

► It consists mainly of numerical descriptions and resist subjective inputs


of managers.
► It consists mainly of subjective inputs and resist particular numerical
descriptions.
► It consists mainly of subjective inputs and resist human factor, personal
opinions.
► It consists mainly of analyzing objectives and hard data and resist human
factor, opinion.
Which one of the following is NOT a step of strategy process?
►Develop alternatives
►Monitor results
►Consider risk averseness strategies
►Specify criteria for decision
As an operations manager you have collected data about the demand of certain
product “P” over time “t”. The data shows short-term fairly regular variations
over the time period “t“.Which one of the following is correctly explaining the
behavior of the data?
►Cycle
►Random variation
►Seasonality
►Trend
Which one of the following formula can be used to compute break even point?

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MGT613 Mid Term

►Q = VC/ (R - VC)
►Q = FC / (R - VC)
►Q = VC/ (R + FC)
►Q = FC / (R + VC)
ABC Corporation has planned to purchase a new machine. Total annual fixed cost
is Rs. 10,000, variable cost is Rs. 5 per unit and revenue is Rs. 7 per unit. What
would be the break even point?
►833 units
►2000 units
►5000 units
►1012 units
Which one of the following manufacturing process is associated with high volume
car manufacture?
►Job shop
►Assembly line
►Batch
►Automation
Which one of the following is a characteristic of continuous process?
►High lead times
►Short process times
►The ability to handle high variety
►The ability to handle high volumes

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MGT613 Mid Term

Which of the following refers the way an organization chooses to produce its
good or services?
►Process selection
►Process reengineering
►Process redesign
►Process design
Which one of the following is an example of business that uses job shop process
structure?
►French restaurants
►Heavy equipment
►Sugar refinery
►Automobile assembly
In which of the following layouts, work stations are arranged according to the
general function they perform without regard to any particular product?
►Product
►Process
►Fixed-position
►Storage
Which of the following layout types is associated with a supermarket?
►Fixed position layout
►Process layout
►Product layout

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MGT613 Mid Term

►Cellular layout
OSHA stands for which one of the following?
► Occupational stock hygiene administration
► Occupational safety hygiene administration
► Occupational safety hygiene agency
► Occupational science hygiene administration
In order to comply with the environmental standards, an organization implement
Occupational Safety Hygiene Administration (OSHA) following is a way to
accomplish this task?
►Promoting friendly relations among employees
►Installing safety guards and devices to reduce the risk
►Installing machinery to make the process speedy
►Installingmachinery that provides cost effective output
Which one of the following statements is TRUE about product life cycle?
►It depicts demand of a product at various price levels
►It depicts demand of a product with respect to time
►It relates demand of a product to quality
►It relates demand of a product to market share
Which one of the following is TRUE about Taguchi Approach?
►To test the robustness of a design
►To articulate the “voice of the customer”
►To reduce the degree of automation

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MGT613 Mid Term

►To create a concurrent design

Questions:

Question No: 1 (Marks: 3)


What are the reasons that support the use of process layout?

Question No: 2 (Marks: 3)


Suppose you are the operations manager of a manufacturing firm, why would you
perceive concurrent engineering as a suitable approach with reference to product
design?

Question No: 3 (Marks: 5)


Which process system would you suggest for the following business/industry?
French restaurants (Job Shop Process)
Heavy equipment (Batch Flow Process)
Sugar refinery (Continuous Flow Process)
Automobile assembly (Product layout)
Commercial printer (Job Shop Process)

Question No: 4 (Marks: 5)

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MGT613 Mid Term

In some organizations capacity planning takes place very regularly and in some it
takes place seldom. What are the factors that influence the frequency of capacity
planning?

Question No: 5 (Marks: 5)


Why some multinational corporations feel that globalization is not a good option?

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