IGNOU

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 …

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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 …

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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 …

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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 …

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