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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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