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Thursday, 10 July 2014

MGT613 - Production / Operations Management VU Online Quiz No. 04 Solution and Discussion Fall 2013

Question # 1 of 15 ( Start time: 02:59:52 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 # 2 of 15 ( Start time: 03:01:17 PM ) Total Marks: 1 
Forecasts help managers by reducing the degree of: 
Select correct option: 

Accuracy 
Precision 
Uncertainty 
Reliability 
Question # 3 of 15 ( Start time: 03:01:49 PM ) Total Marks: 1 
OSHA stands for: which one of the following? 
Select correct option: 

Occupational Safety Hygiene Administration p#46 
Occupational Stock Hygiene Administration 
Occupational Safety Hygiene Agency 
Occupational Science Hygiene Administration 

Question # 4 of 15 ( Start time: 03:03:18 PM ) Total Marks: 1 
An organization has described its distinctive characteristics. So, what is the next step in 
formulating the strategy? 
Select correct option: 

Productivity Measures Environmental scanning p#15 

Selecting the market segment 
Competitor’s distinctiveness 
Question # 5 of 15 ( Start time: 03:04:52 PM ) Total Marks: 1 
Which one of the following correctly represents a set of time series forecats? 
Select correct option: 

Averaging, cycle, seasonality, random variations 
Trend, seasonality, exponential smoothing 
Trend, cycle, seasonality, moving average 
Trend, cycle, seasonality, random variations 
Question # 6 of 15 ( Start time: 03:06:21 PM ) Total Marks: 1 
Which one the following formula or function can be used to measure the performance? 
Select correct option: 

Flexibility + profit+ operations 
Work + profit + value 
Quality + speed + flexibility 
Profit + Incentives + standards 
Question # 7 of 15 ( Start time: 03:07:49 PM ) Total Marks: 1 
As a manager, you have defined the purpose of the forecasts. What should be the next 
step in forecasting process? 
Select correct option: 

Choose a forecasting technique. 
Determine the purpose of the forecast. 
Set up a time horizon or a time limit 
Collect and analyze the appropriate data. 
Question # 8 of 15 ( Start time: 03:09:20 PM ) Total Marks: 1 
Which ONE of the following forms a bridge between two islands of Engineering and 
Management? 
Select correct option: 

Production Engineering 
Operations Management 
Industrial Management 
Operations Engineering Question # 9 of 15 ( Start time: 03:10:48 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: 03:12:06 PM ) Total Marks: 1 
All of the following are steps in forecasting process EXCEPT: 
Select correct option: 

Determine the purpose of the forecast 
Establish a time horizon 
Assigning weights to the criteria 
Monitor the forecast 
Question # 11 of 15 ( Start time: 03:12:46 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 group 
Judgmental forecast 
Question # 12 of 15 ( Start time: 03:13:48 PM ) Total Marks: 1 
Which of the following statements describes an order-qualifier characteristic? 
Select correct option: 

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 minimum standard as a potential for purchase 
Question # 13 of 15 ( Start time: 03:15:13 PM ) Total Marks: 1 
Which one of the following mathematical expressions can be used to compute 
availability? 
Select correct option: 

(MTBF)/ (MTBF+MTR) 
(MTBF)/ (MTBF-MTR) 
(MTR)/ (MTBF+MTR) (MTR)/ (MTBF-MTR) 
Question # 14 of 15 ( Start time: 03:15:45 PM ) Total Marks: 1 
Which one of the following is a measure of productivity that involves measuring inputs 
and outputs using a common unit of measurement? 
Select correct option: 

Multifactor 
Partial 
Single 
Total 
Question # 15 of 15 ( Start time: 03:16:24 PM ) Total Marks: 1 
Following are all examples of distinctive competencies EXCEPT; 
Select correct option: 

Price 
Quality 
Planning 
Flexibility

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