Introduction to OM quiz 1 (revision)

What elements are there in a transformation process?

• a. raw materials, factory, output
• b. raw materials, output
• b. raw materials, facilities, input
• d. raw materials, facilities, output

Operations management covers the following?

• a)     inventory control
• b)     quality control
• c)     quality management
• d)     supply chain and logistic management
• All of the above

Operations management covers the following EXCEPT

• a) finance
• b) marketing
• c) supply chain management
• d) inventory control
• a) and b)

What is JIT?

• a) minimizing waste and improving efficiency by receiving goods as when they are needed for production
• b) minimizing cost and improving efficiency by keeping low level of inventory needed for production
• b) maintaining high level of inventory needed for production so that there is no stockout
• b) making just enough sales to break even.

What is reorder point model?

• a) an inventory model that help to forecast demand.
• b) an inventory model that determines how much to order
• c) an inventory model that determines when to order
• d) an inventory model that maximise profit.

What is Economic order quantity?

• a) an inventory model that determines when to order
• b) an inventory model that determines the quantity to order
• c) an inventory model that help to keep stock at the highest level
• d) an inventory model that help to forecast demand.

Which of the following is a technique used for inventory management?

• a) quality control
• b)     Just-in-time (JIT)
• c)Labour productivity
• d)     a,b,c
• e) B only

Which of the following is NOT TRUE?

• a)Hotel resorts want to operate in an area with high population, especially those with higher income.
• b)Locations with poor access to infrastructure attract businesses.
• c) Clustering of competitors have higher chances of attracting human talents.
• d) Food and beverage business prefer to buy their raw materials from suppliers that are located nearer.

Which of the following is TRUE about location strategy?

• a)Shopping malls want to operate in an area with low population.
• b) Clustering of competitors does not attract human talents.
• c)Locations with good access to infrastructure attract businesses.
• d) Food and beverage business prefer to buy their raw materials from suppliers that are located a distance away.

You would consider the following when you design a layout.

• a. all except C

• a. Improved flow of information, materials, or people

• b. Improved employee morale and safer working conditions

• c. No communication with customers

• d. Higher utilization of space, equipment, and people