Opreation
Opreation
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Symbiosis Institute of Management Studies (SIMS) – Pre- Orientation Quiz no 2 (Batch 2011-13)
1. Pre- Orientation Primer (Batch 2011-13) 2. Quiz No. 2 3. Date: 10th May 2011 Duration: One Day Marks: 50 4. There are 4 subject quizzes. Each question carry one mark. 5.Please submit your solutions by 11th May 2011 by 6:00 pm.
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1. Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. This increased level of _____________ is leading to increased emphasis on ____________ management.
Operations
outsourcing; supply chain
offshoring; lean
downsizing; total quality
optimizing; inventory
internationalization; intercultural
2. Product design and choice of location are examples of _______ decisions
Operations
strategic
tactical
operational
customer focused
design
3. Which of the following features would not generally be considered common to all forecasts?
Operations
Assumption of a stable underlying causal system
Actual results will differ somewhat from predicted values.
Historical data is available on which to base the forecast.
Forecasts for groups of items tend to be more accurate than forecasts for individual items.
Accuracy decreases as the time horizon increases.
4. One way to increase reliability is to:
Operations
eliminate backup component
improve preventive maintenance procedures
increase mean repair time
increase the number of independent components
none of the above
5. Maximum capacity refers to the upper limit of:
Operations
inventories
demand
supplies
rate of output
finances
6.Ergonomics