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Resource Management Quiz for A Level

Authored by Mark Pantling

Business

12th Grade

Used 3+ times

Resource Management Quiz for A Level
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula for calculating capacity utilisation?

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of batch production?

Producing a single product at a time

Producing a large number of identical items continuously

Producing a set number of items in a series of stages

Customising each product to meet individual customer needs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is meant by productivity in a business context?

The total output produced by a business

The amount of output produced per unit of input

The total revenue generated by a business

The number of employees in a business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a method of improving efficiency in production?

Increasing the number of employees

Reducing the number of machines

Implementing just-in-time (JIT) inventory systems

Increasing the amount of raw materials

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of Total Quality Management (TQM)?

Reducing production costs

Increasing production speed

Continuous improvement in quality

Expanding product range

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a stock control method that involves ordering stock only when it is needed?

Economic Order Quantity (EOQ)

Just-in-Time (JIT)

First-In, First-Out (FIFO)

Last-In, First-Out (LIFO)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of lean production?

Maximising inventory levels

Minimising waste

Increasing product variety

Reducing employee numbers

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