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MGT613 Mid Term Past Paper 2

The document contains a midterm exam for an operations management course. It includes 20 multiple choice questions testing concepts like forecasting techniques, production processes, facility layouts, and capacity planning. It concludes with 5 short answer questions asking students to discuss topics such as the relationship between operations management and operations research, ways to improve system reliability, qualities of successful job design, factors for making insourcing vs outsourcing decisions, and the role of standardization in product design.

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Umer Farooq
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542 views8 pages

MGT613 Mid Term Past Paper 2

The document contains a midterm exam for an operations management course. It includes 20 multiple choice questions testing concepts like forecasting techniques, production processes, facility layouts, and capacity planning. It concludes with 5 short answer questions asking students to discuss topics such as the relationship between operations management and operations research, ways to improve system reliability, qualities of successful job design, factors for making insourcing vs outsourcing decisions, and the role of standardization in product design.

Uploaded by

Umer Farooq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MGT613 Mid Term

The disadvantages of specialization to management include all of the following


EXCEPT:
►More absenteeism
►Minimum responsibility
►More turnover
►More difficult to teach the job
Technology has impacted the work place by:
►Adding to the existing geographical barriers for recruiting
►Increasing the cost of telecommuting
►Increasing the amount required to be spent on training
►Unifying the workforce to a common skill level
Which one of the following refers to a team having representatives from different
functional areas of the organization?
►Traditional work group
►Self-directed team
►Cross-functional team
►Selfmotivated team
Which one of the following is NOT a business application of forecasting?
►Budgeting
►Capacity planning
►Inventory management
►Quality control

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MGT613 Mid Term

Which one of the following factors makes a forecast LESS perfect?


►Randomness
►Non serious attitude
►Non availability of data
►Un qualified personnel
Which one of the following is an example of community factors that affect
location decisions?
►Transportation
►Quality of life
►Location of new markets
►Location of raw materials
Which one of the following location strategies is favored by automobile
manufacturers?
►Product plant strategy
►Process plant strategy
►Market area plant strategy
►Cost conservation strategy
Which one the following is an assumption of center of gravity method?
►The quantity to be shipped is variable
►The quantity to be shipped is fixed
►The quantity carries no value
►The quantity to be shipped should be extraordinarily high

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MGT613 Mid Term

Which of the following statements would generally be considered as correct job


shop?
►A continuous process has lower output volume as compared to job shop
►Equipment flexibility is lower in job shop than that of a continuous
process
►Labor costs are higher in a Job Shop operation than in most other
processes
►Batch processing produces a more standard range of products than
continuous flow processes
Which one of the following is NOT an input in the transformation process?
►Information
►Services
►Facilities
►Materials
Which one of the following describes the Naïve forecast?
►Attempt to predict the future value based on the past data.
►Determine long term upward or downward movement in data.
►Forecast for any period equals the previous period’s actual value.
►Collect outside opinion of consumer and potential customers.
Which one of the following is an advantage of a moving average forecast?
►All the values in the average are weighted equally.
►The method is reliable to forecast the demand accurately

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MGT613 Mid Term

►The method is easy to compute and easy to understand


►The most recent values are given the more weightage

Within the operations function, which one of the following is a long-term


management decision?
► Control decision
► Non-operational decision
► Strategic decision
► Tactical decision
The management of systems or processes that creates goods and provides
services is known as:
► Operation Management
► Operation/production Management
► Operation/ResearchManagement
► Production/Research Management
Which of the following is NOT a decision to be made by operations managers?
►How much capacity is required to balance demand?
►What should be the location and layout of a facility?
►How to improve operational efficiency?
►Which market areas to manufacture the products for?
A business process is a logical set of tasks or activities that:
► Are specific to the operations function

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MGT613 Mid Term

► Are specific to the marketing function


► Are interdependent with other processes
► Have exactly the same performance measures for any process
Which one the following formula or function can be used to measure the
performance?
► Flexibility + profit+ operations
► Work + profit + value
► Quality + speed + flexibility
► Profit + Incentives + standards
Which of the following statements describes an order-qualifier characteristic?
► 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 minimumstandard as a potential for purchase
Which one of the following forecasting techniques uses explanatory variables to
predict future demand?
► Associative forecast
► Time series forecast
► Consumer survey
► Executive opinion
In which one of the following decision environments it is impossible to assess the
likelihood of various future events?

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MGT613 Mid Term

► Risk
► Bounded rationality
► Certainty
► Uncertainty
Which one of the following is an implication of LAPLACE approach of decision
making?
► The best of the worst possible payoff
► The best possible payoff
► The best average payoff
► The least of the worst regrets
Which one of the following is an outcome of MINIMAX regret?
► The best of the worst possible payoff
► The best possible payoff
► The best average payoff
► The least of the worst regret
Which one of the following is a limitation of a moving average having a trend?
► The forecast lags behind the actual
► The forecast represents demand more accurately
► The forecast will not be accurate
► The forecast will not be reliable
Which one of the following refers to the maximum output that a firm can produce
under ideal conditions?

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MGT613 Mid Term

► Design capacity
► Effective capacity
► Capacity planning
► Utilization rate
Which one of the following is a characteristic of continuous process?
► High lead times
► Short process times
► The ability to handle high variety
► The ability to handle high volumes
Which of the following is an example of a business that uses assembly line process
structure?
► Automobile assembly
► Sugar refinery
► Heavy equipment
► French restaurants
Which of the following layout types is associated with a supermarket?
► Fixed position layout
► Process layout
► Product layout
► Cellular layout

Questions:
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MGT613 Mid Term

Question No: 1 (Marks: 5)


Do you perceive that operation management and operation research are the
same concepts?

Question No: 1 (Marks: 3)


Write down at least threeways of improving reliability of a system.

Question No: 3 (Marks: 3)


What qualities does a successful job design contain?

Question No: 4 (Marks: 5)


Suppose you are the operations manager of ABC Corporation. To develop
competence in business operations, you have to decide either to rely on the
facilities available in-house or outsource. What are some of the factors you would
base the decision on?

Question No: 5 (Marks: 5)


“Standardization plays an important role in product design". How will you
describe this role?

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