Top 150+ Solved Production Management MCQ Questions Answer
Q. A planning systems that schedules the precise quantity of materials needed to make a product is called
a. Flexible scheduling
b. Cycle time arrangement
c. Materials requirements planning
d. Economic order quantities
Q. The activities and process used in making both tangible and intangible products is known as
a. Manufacturing
b. Production
c. Operations
d. The transformation process
Q. Customers perceptions are important in
a. Economic order quantities
b. Production schedules
c. Product specification
d. Quality
Q. Which of the following is not a function of purchasing management
a. Selecting the source
b. Placement of purchase order
c. Physical control of materials
d. None of these
Q. Which of the following would not generally be a motive for a firm to hold inventories?
a. To decouple or separate parts of the production process
b. To provide a stock of goods and will provide a selection for customers
c. To take advantage of quantity discounts
d. To minimize holding costs
Q. All of the following statements about ABC analysis are true except
a. Inventory may be categorized by measures other than dollar volume
b. It categorizes on-hand inventory into three groups based on annual dollar volume
c. It is an application of the pare to principle
d. It states that all items require the same degree of control
Q. ABC analysis is based upon the principal that
a. All items in inventory must be monitored very closely
b. These are very usually a few critical items zmd many items which are less critical
c. An item is critical if its usage is high
d. The safety stock in terms of volume should be higher for a items than for items
Q. Which of the following statements about ABC analysis is false?
a. ABC analysis is based on presumption that controlling the few most important items produces the vast majority of inventory savings
b. In ABC analysis “A” items are tightly controlled , have accurate records ,and receive regular review by major decision makers
c. In ABC analysis “c” items minimal records , periodic review , and single control
d. ABC analysis is based on the presumption that all item must be tightly controlled to produce important cost savings
Q. The two most basic inventory questions answered by the typical inventory model are
a. Timing and cost of orders
b. Quantity and cost of orders
c. Timing and quantity of orders
d. Order quantity and service level
Q. Most inventory models attempt to minimize
a. The like hood of stock out
b. The number of items ordered
c. Total inventory based costs
d. The number of orders placed
Q. In basic EOQ model if the cost of placing an order doubles and all other values remain constant the EOQ will
a. Increase by about 41%
b. Increase by100%
c. Increase by200%
d. Either increase or decrease
Q. Which of the following statements about the basic EOQ model is true
a. If ordering cost were to double , the EOQ would rise
b. If annual demand were to double , the EOQ would rise
c. If the carrying cost were to increase ,the EOQ would fall
d. All of the above statements are true
Q. Which of the following statements about the basic EOQ model is false?
a. If the setup cost were to decrease , the EOQ would fall
b. If annual demand were to increase , the EOQ would decrease
c. If the ordering cost were to increase , the EOQ would rise
d. If annual demand were to double , the EOQ would also double
Q. Time and motion studies focus on
a. The time and effort it takes to train a new employee
b. The number of physical motion required to complete a work related task
c. The ways in which machines can be built to make human safes and more efficient
d. Ways to avoid injury in tasks that required repetitive motion