Operations Management Quiz

Operations Management (OM) is primarily concerned with:

• Marketing and sales of products.

• Financial planning and analysis.

• Efficiently converting inputs into outputs.

• Human resource management.

Which of the following is NOT a key objective of OM?

• Improving productivity

• Enhancing quality

• Reducing costs

• Maximizing inventory levels

OM contributes to national progress by:

• Increasing reliance on imports.

• Boosting industrial output and creating jobs.

• Decreasing innovation and technological advancements.

• Reducing global competitiveness.

Which sector focuses on service delivery and customer relationship management?

• Manufacturing

• Service

• Agriculture

• Construction

Lean Manufacturing aims to:

• Increase waste and inefficiency.

• Reduce waste and optimize processes.

• Maximize inventory levels.

• Focus solely on cost reduction, regardless of quality.

The Toyota Production System (TPS) is known for its emphasis on:

• Large batch sizes and high inventory.

• Just-in-Time (JIT) inventory and continuous improvement.

• Centralized decision-making and minimal employee involvement.

• Frequent production disruptions and unplanned downtime.

A "push" strategy in production planning involves:

• Manufacturing based on real-time customer orders.

• Producing goods in anticipation of future demand.

• Minimizing inventory levels.

• Adapting production schedules to meet sudden demand fluctuations.

Which of the following is NOT a key component of supply chain management?

• Procurement and sourcing

• Inventory management

• Logistics and distribution

• Product design without considering manufacturability

Value addition in operations refers to:

• Increasing costs without improving the product.

• Enhancing a product or service to make it more valuable to customers.

• Reducing quality to lower production costs.

• Ignoring customer feedback.

The Value Chain model, introduced by Michael Porter, analyzes:

• Macro-environmental factors affecting a business.

• The series of activities a business undertakes to deliver value.

• The internal strengths and weaknesses of an organization.

• The political, economic, social, and technological landscape.