Production and Operations Management MCQ True or False – 6
BBA | BHM | BMS | B.Com | MBA | M.Com | MHA (III) State whether the following are ‘True’ or ‘False’:
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BBA | BHM | BMS | B.Com | MBA | M.Com | MHA (III) State whether the following are ‘True’ or ‘False’:
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BBA | MBA | BHA | MHA | M. Com | CA | CMA
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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
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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
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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
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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
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