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Question # 1 of 15 ( Start time: 04:48:21 PM )  Total Marks: 1 

______________ is a wave like variations of more than one year’s duration. 

Select correct option: 

 

 Cycle

 Trend

 Seasonality

 Random variation

 

 

Question # 2 of 15 ( Start time: 04:49:49 PM )  Total Marks: 1 

Which one of the following is NOT the input in the transformation process? 

Select correct option: 

 

 Informations

 Services

 Facilities

 Materials  

 

 

Question # 3 of 15 ( Start time: 04:50:48 PM )  Total Marks: 1 

A gradual, long term upward or downward movement in data is referred to as: 

Select correct option: 

 

 Cycle

 Trend

 Seasonality

 Random variation

 

 

 

Question # 4 of 15 ( Start time: 04:51:48 PM )  Total Marks: 1 

The productivity measure output/ (labor + machine) will be named as: 

Select correct option: 

 

 Partial measure

 Multifactor measure

 Total measure

 None of the above

  

 

 

Question # 5 of 15 ( Start time: 04:52:45 PM )  Total Marks: 1 

The type of processing structure that is used to produce gasoline, chemicals, and steel is known as. 

Select correct option: 

 

 Job Shop

 Batch

 Assembly Line

 Continuous Flow

 

 

Question # 6 of 15 ( Start time: 04:54:01 PM )  Total Marks: 1 

In decision making theory the next step after implementing the best possible alternative is to: 

Select correct option: 

 

 Develop Alternatives

 Develop results

 Monitor the results

 Implementation 

 

 

 

Question # 7 of 15 ( Start time: 04:55:12 PM )  Total Marks: 1 

Which one of the following correctly represents a set of time series forecats? 

Select correct option: 

 

 Averaging, cycle, seasonality, random variations

 Trend, seasonality, exponential smoothing

 Trend, cycle, seasonality, moving average

 Trend, cycle, seasonality, random variations

 

 

Question # 8 of 15 ( Start time: 04:56:17 PM )  Total Marks: 1 

Which one of the following is a measure of productivity that involves measuring inputs and outputs using a common unit of measurement? 

Select correct option: 

 

 Multifactor

 Partial

 Single

 Total

 

 

 

Question # 9 of 15 ( Start time: 04:57:37 PM )  Total Marks: 1 

Which one of the following represents a use of cost-volume analysis? 

Select correct option: 

 

 It is a tool for reliability measurement

 It provides a base for marketing research

 It helps in identification of cost related to production

 It is important in product design

 

 

Question # 10 of 15 ( Start time: 04:58:59 PM )  Total Marks: 1 

Which of the following forecasting technique is used when introducing new products, services, new features and new packaging? 

Select correct option: 

 

 Quantitative technique

 Associative model

 Focus group

 Judgmental forecast

 

 

 

Question # 11 of 15 ( Start time: 04:59:34 PM )  Total Marks: 1 

Which of the following is a technique for fitting a line to a set of points? 

Select correct option: 

 

 Regression

 Trend

 Cycle

 Moving average

 

 

    

Question # 12 of 15 ( Start time: 05:00:18 PM )  Total Marks: 1 

Organizations that produce something other than physical products are called: 

Select correct option: 

 

 Cultural goods transformation

 Data transfer groups

 Transformation organizations

 Service organizations

 

 

 

Question # 13 of 15 ( Start time: 05:01:13 PM )  Total Marks: 1 

Forecasts help managers by reducing the degree of: 

Select correct option: 

 

 Accuracy

 Precision

 Uncertainty

 Reliability

 

 

Question # 14 of 15 ( Start time: 05:01:56 PM )  Total Marks: 1 

Completion of any operations depends upon the slowest process in the assembly line. What operations managers need to do in order to be successful? 

Select correct option: 

 

 Target and eliminate bottlenecks

 Identify the bottlenecks

 Make slowest process more slow

 Non of the above

 

 

   

Question # 15 of 15 ( Start time: 05:02:28 PM )  Total Marks: 1 

Following are all examples of distinctive competencies EXCEPT; 

Select correct option: 

 

 Price

 Quality

 Planning

 Flexibility

 

 

    

 

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