MCQ Portal

30:00

June 17 OMSM

The Number of MCQs are limited as per ICMAI Past Papers in Syllabus 2016

1. Which of the following production/operations management trends is often referred to as agile manufacturing?

Re-engineering Supply Chain Management Lean Production Flexibility

2. Among the following factors influencing Capacity Planning, which one is the least controllable?

Machine breakdowns Amount of labor employed Facilities installed Shifts of work per day

3. Which phase of the Product Life Cycle is characterized by a significant rise in Sales and Profits?

Introduction Growth Maturity Decline

4. What is the objective of finding the most efficient way to utilize available resources such as men, materials, money, and machinery?

Time Study Work Study Method Study Job Evaluation

5. Which of the following is NOT considered a measure of Productivity?

Man-hour output Productivity ratio TQM Use of Financial Ratios

6. What term describes the time by which an activity can be rescheduled without impacting other activities?

Slack Independent Float Free Float Total Float

7. Which type of spare parts typically has lower reliability and per unit cost?

Regular spares Insurance spares Capital spares Rotable spares

8. For a marketing manager, what does the sales forecast represent?

An estimate of unit sales for a future period Arranging salesmen across market segments Distributing goods to meet market demand Planning sales methods

9. What is the process of determining when to start and end a job called?

Planning Scheduling Timing Follow-up

10. What does the term 'lead time' refer to?

Time for placeholders for materials Time taken to receive materials Time between receipt and usage of materials Time from placing an order to receiving materials