December 2022

Production and Operations Management MCQ-3

BBA | MBA | BHA | MHA | M. Com | CA | CMA ANSWERS : (101) (b) Value analysis(102) (b) Production(103) (a) Simplex method(104) (c) Lean Production(105) (d) None of the above(106) (b) Growth(107) (c) Inspection(108) (c) ISO 9003(109) (d) The free float can be calculated by subtracting EFT from EST(110) (a) Preventing maintenance …

Production and Operations Management MCQ-3 Read More »

Flexible Budgets and Overhead Variance Analysis Management Accounting

Problem 1 Using the following information, prepare a flexible budget for the production of 80% and 100% activity. Production at 50% Capacity 5,000 Units Raw Materials $80 per unit Direct Labor $50 per unit Direct Expenses $15 per unit Factory Expenses $50,000 (50) (Fixed) Administration Expenses $60,000 (Variable) Solution Flexible Budget at a Capacity of …

Flexible Budgets and Overhead Variance Analysis Management Accounting Read More »

Production and Operations Management MCQ- 2

BBA | MBA | BHA | MHA | M. Com | CA | CMA ANSWERS : (51)(d) Chemical and Mechanical properties(52)(c) Production(53)(b) Operations management(54)(c) Optimal utilisation of available resources(55)(d) Unlimited, can be applied to any type of activity(56)(a) Standardised products(57)(b) In Product system the machinery and equipment are fixed and in project systemthey are not …

Production and Operations Management MCQ- 2 Read More »

Production and Operations Management MCQ

BBA | MBA | BHA | MHA | M. Com | CA | CMA Answer Key:(1) (d) Flexibility(2) (a) Machine break-downs(3) (b) Growth(4) (c) TQM(5) (b) Independent Float(6) (a) Regular spares(7) (d) Time between placing the order and receiving the materials(8) (c) PERT & CPM(9) (a) Material requirement planning(10)(b) Gantt chart(11)(b) Simplification(12)(c) Manufacturing products(13)(c) Few …

Production and Operations Management MCQ Read More »

Preventive Maintenance

In order to reduce the occurrence of defects, firms should carry out preventive maintenance. In preventive maintenance, the parts that are likely to produce defects are replaced, rather than the defects that arise during production being repaired. Workers are given the responsibility of maintaining their machinery and equipment and are also trained to solve or …

Preventive Maintenance Read More »