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

Questions
1 The term ––––––––– implies the foregone profit due to inability of company to produce.
A Opportunity cost
B Marginal cost
C Overhead cost
D All of the above

Answer: Opportunity cost
2 OC curve of ideal sampling plan suggests that all lots less than 3% defectives have the probability of acceptance of –––––––––.
A 0.25
B 0.5
C 0.75
D 1

Answer: 1
3 Which of the following are the objectives of a good maintenance system?
A Minimisation of wear and tear of machines
B Ensuring maximum plant availability
C Both (A) and (B)
D None of the above

Answer: Both (A) and (B)
4 Inherent Safety' is one of the principle of good layout. In context of layout, this can be achieved by the following
A Clear gangway
B Location of material and material handling system
C Both (A) and (B)
D None of the above

Answer: Both (A) and (B)
5 In case of an OC curve, the risk of rejecting a good quality lot may vary between –––––––––.
A 0.01 to 5%
B 0.01 to 10%
C 0.01 to 15%
D 0.01 to 20%

Answer:0.01 to 10%
6 How does 'structure' reduce external uncertainty arising out of human behaviour
A Research and planning
B Forecasting
C both (A) and (B)
D none of the above

Answer:both (A) and (B)
7 Inadequate production capacity ultimately leads to
A Poor quality
B Poor Customer Service
C Poor inventory control
D All of the above

Answer: Poor Customer Service
8 What do you understand by the inspection conducted on all non reworkable jobs prior to their movement to the scrap yard?
A Final inspection
B Endurance inspection
C Functional inspection
D Salvage inspection

Answer:Salvage inspection
9 A/An ––––––––– history card is the record of all repairs, replacements and engineering changes carried out in the equipment during it's period of service.
A Service
B Equipment
C Repair
D None of the above

Answer: Equipment
10 Which of the following are assignable cause?
A Large variations in hardness of material
B Tool wear
C Errors in setting
D All of the above

Answer: All of the above