Production and Operations Management Multiple Choice Questions and Answers | Production and Operations Management MCQs

Questions
1 What are the four stages of Simon's model of decision making?
A Intelligence, design, choice, implementation
B Intelligence, design, computation, implementation
C Information, design, choice, implementation
D Intelligence, data, choice, implementation

Answer:Intelligence, design, choice, implementation
2 Which of the following best describes 'formal information'?
A Produced by standard procedures. Passed by word of mouth
B Produced by standard procedures. Objective
C Objective. Passed by word of mouth
D Subjective. Based on estimates

Answer: Produced by standard procedures. Objective
3 MRP stands for:
A Master Resources Production
B Management Reaction Planning
C Materials Requirements Planning
D Manufacturing Resource Planning

Answer:Materials Requirements Planning
4 A master production schedule contains information about
A Quantities and required delivery dates of all sub-assemblies
B Quantities and required delivery dates of final products
C Inventory on hand for each sub-assembly
D Inventory on hand for each final product

Answer:Quantities and required delivery dates of final products
5 Optimized production technology (OPT) is a computer-based technique and tool which helps to schedule production systems. Which of the following are not principles of OPT?
A Capacity is "king"
B Balance flow is what is required
C Process batch should be variable
D Bottlenecks govern throughput

Answer:Capacity is "king"
6 MPS stands for:
A Master Planning System
B Master Production Schedule
C Material Production Schedule
D Material Planning System

Answer:Master Production Schedule
7 A master production schedule contains information about
A Quantities and required delivery dates of all sub-assemblies
B Quantities and required delivery dates of final products
C Inventory on hand for each sub-assembly
D Inventory on hand for each final product

Answer:Quantities and required delivery dates of final products
8 Dependent demand and independent demand items differ in that
A For any product, all components are dependent-demand items
B The need for independent-demand items is forecasted
C The need for dependent-demand items is calculated
D All of the above are true

Answer:All of the above are true
9 A master production schedule specifies
A The financial resources required for production
B What component is to be made, and when
C What product is to be made, and when
D The labor hours required for production

Answer:What product is to be made, and when
10 Closed Loop MRP means:
A Actual inventory is counted regularly and adjustment made to the inventory records
B Capacity and resource planning is included in the MRP logic
C Unused materials are returned to stores and recorded back into the system
D Actual sales are netted off the forecasts in the MPS

Answer:Capacity and resource planning is included in the MRP logic