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# MGT613 production operation management Quiz No 02 Spring 2013 Discussion

Please all students related this subject Share your online Quizzes here to help each other.thanks a million

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 17
sec(s)

Question # 1 of 20 ( Start time: 12:48:58 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

2

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 7
sec(s)

Question # 2 of 20 ( Start time: 12:50:13 PM ) Total Marks: 1
A method in which each quantity is to be averaged according to its assigned weight is known as?
Select correct option:

Weighted moving average
Exponential moving average
Cumulative moving average
Moving average

1

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 55
sec(s)

Question # 3 of 20 ( Start time: 12:51:38 PM ) Total Marks: 1
Which one of the following is an application of simple exponential smoothing?
Select correct option:

Establishing durability
Finding reliability
Scheduling services
Quality improvement

3

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 53
sec(s)

Question # 4 of 20 ( Start time: 12:52:19 PM ) Total Marks: 1
Flexible operations comes under the example of:
Select correct option:

Strategy
Tactics
Mission
Goals

1

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 48
sec(s)

Question # 5 of 20 ( Start time: 12:53:03 PM ) Total Marks: 1
Those significant characteristics that service customers perceive as minimum standards of acceptability to be considered as a potential purchase is called:
Select correct option:

Order Winners
Order Qualifiers
Order Takers
None of the above

2

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 25
sec(s)

Question # 6 of 20 ( Start time: 12:53:51 PM ) Total Marks: 1
A technique that averages the number of recent actual values and forms a new value is called:
Select correct option:

Exponential smoothing
Weighted moving average
Moving average
None of the above

3

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 35
sec(s)

Question # 7 of 20 ( Start time: 12:55:02 PM ) Total Marks: 1
Collaborative Planning, Forecasting, and Replenishment (CPFR) a Web based tool used to coordinate demand forecasting, ____________ and inventory replenishment between supply chain trading partners.
Select correct option:

Production and purchase planning
Demand and supply planning
Quantitative forecasting
Demand management

1

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 25
sec(s)

Question # 8 of 20 ( Start time: 12:56:06 PM ) Total Marks: 1
The companies that are competing on cost, their chance to gain the competitive advantage over their competitors is:
Select correct option:

Based on flexibility
Based on uniqueness of their products
Based on reliability of scheduling

4

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 50
sec(s)

Question # 9 of 20 ( Start time: 12:57:16 PM ) Total Marks: 1
A term strategy is referred to as
Select correct option:

The goal that is to be achieved
A functional area of the firm
An action plan to achieve a mission
The purpose for which an organization is established

3

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 70
sec(s)

Question # 10 of 20 ( Start time: 12:58:13 PM ) Total Marks: 1
Which one of the following is NOT the input in the transformation process?
Select correct option:

Informations
Services
Facilities
Materials

2

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 26
sec(s)

Question # 11 of 20 ( Start time: 12:58:39 PM ) Total Marks: 1
All of the following are examples of transformation process EXCEPT:
Select correct option:

Cutting
Packing
Facilitating
Labeling

3

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 45
sec(s)

Question # 12 of 20 ( Start time: 12:59:52 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

1

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 54
sec(s)

Question # 13 of 20 ( Start time: 01:01:05 PM ) Total Marks: 1
Which of the following is the main source of a poor decision making by the managers?
Select correct option:

Failure to check their facts
Failure to plan for unexpected events
Failure to connect the problem to the overall strategy
All of the above

4

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 33
sec(s)

Question # 14 of 20 ( Start time: 01:02:16 PM ) Total Marks: 1
Which of the following favors adopting a “go for it” strategy?
Select correct option:

Maximin
Maximax
Minimax regret
Laplace

2

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 37
sec(s)

Question # 15 of 20 ( Start time: 01:03:16 PM ) Total Marks: 1
With regard to a regression-based forecast, the standard error of the estimate gives a measure of:
Select correct option:

Required time to derive the forecast equation
Validation time period of the forecast
The maximum error of the forecast
Variability around the regression line

4

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 65
sec(s)

Question # 16 of 20 ( Start time: 01:04:15 PM ) Total Marks: 1
A product ‘A’ is specified to work well up to 30 degree Celsius temperature and 30% humidity. What would these specifications represent?
Select correct option:

Reliability factor
Standard conditions
Normal operating conditions
Standard operating procedure

2

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 59
sec(s)

Question # 17 of 20 ( Start time: 01:05:10 PM ) Total Marks: 1
Which of the following statement correctly explains the role of operations management?
Select correct option:

Sustain the company’s operation
Protect the company’s operation
Project the company’s operation
All of the above

4

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 54
sec(s)

Question # 18 of 20 ( Start time: 01:05:49 PM ) Total Marks: 1
Which one of the following strategies specifies how the firm will employ its production capabilities to support its corporate strategy?
Select correct option:

Tactical
Operations
Manufacturing
Production

2

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 52
sec(s)

Question # 19 of 20 ( Start time: 01:06:50 PM ) Total Marks: 1
Which one of the following refers to the maximum output that a firm can produce under ideal conditions?
Select correct option:

Design capacity
Effective capacity
Capacity planning
Utilization rate

1

MC110401647 : Mubeen Mehmood

Quiz Start Time: 12:48 PM Time Left 67
sec(s)

Question # 20 of 20 ( Start time: 01:07:36 PM ) Total Marks: 1
Forecasting or prediction for organizations will always be:
Select correct option:

Failure

Success
Sometimes failure and sometimes success
Complex

3

Quiz Start Time: 01:09 PM Time Left 63
sec(s)

Question # 1 of 20 ( Start time: 01:09:33 PM ) Total Marks: 1
Sequence of data points that are measured typically at successive times at regular time intervals is known as:
Select correct option:

Moving average
Weighted moving average
Time series
Forecasts

3

Quiz Start Time: 01:09 PM Time Left 69
sec(s)

Question # 2 of 20 ( Start time: 01:10:07 PM ) Total Marks: 1
Organizational strategies relate to which of the following sets of factors?
Select correct option:

Survival, profitability, growth rate and market share
Profitability, survival, lead times and target market
Quality, operating resources, growth rate and market share
Scheduling, profitability, lead times and survival

1

Quiz Start Time: 01:09 PM Time Left 67
sec(s)

Question # 3 of 20 ( Start time: 01:10:39 PM ) Total Marks: 1
Overall broad picture of the organization is depicted by its _______ that provides detailed and broader scope.
Select correct option:

Operations strategy
Organizational strategy
Marketing strategy
Manufacturing units

2

Quiz Start Time: 01:09 PM Time Left 70
sec(s)

Question # 4 of 20 ( Start time: 01:11:08 PM ) Total Marks: 1
Which one of the following strategies specifies how the firm will employ its production capabilities to support its corporate strategy?
Select correct option:

Tactical
Operations
Manufacturing
Production

2

Quiz Start Time: 01:09 PM Time Left 74
sec(s)

Question # 5 of 20 ( Start time: 01:11:37 PM ) Total Marks: 1
In forecasting, planning the use of system relates to the ______ plans.
Select correct option:

Long term
Short term
Both long and short term
None of the above

2

Quiz Start Time: 01:09 PM Time Left 77
sec(s)

Question # 6 of 20 ( Start time: 01:12:03 PM ) Total Marks: 1
An organization has described its distinctive characteristics. So, what is the next step in formulating the strategy?
Select correct option:

Productivity Measures

Environmental scanning

Selecting the market segment

Competitor’s distinctiveness

1

Quiz Start Time: 01:09 PM Time Left 70
sec(s)

Question # 7 of 20 ( Start time: 01:12:22 PM ) Total Marks: 1
Which one of the following formulae can be used to compute value?
Select correct option:

(Quality + Speed – Flexibility) / Cost
(Quality + Speed+ Flexibility) / Cost
(Quality + Speed - Cost) / Flexibility
(Quality + Speed+ Cost) / Flexibility

2

Quiz Start Time: 01:09 PM Time Left 70
sec(s)

Question # 8 of 20 ( Start time: 01:12:48 PM ) Total Marks: 1
Which one of the following refers to using some of the components of old products in the manufacture of new products?
Select correct option:

Remanufacturing
Robust design
Automation

Manufacturability

1

Quiz Start Time: 01:09 PM Time Left 73
sec(s)

Question # 9 of 20 ( Start time: 01:13:13 PM ) Total Marks: 1
Product life cycle is based on:
Select correct option:

Price
Place
Demand
Supply

3

Quiz Start Time: 01:09 PM Time Left 71
sec(s)

Question # 10 of 20 ( Start time: 01:13:37 PM ) Total Marks: 1
Which one of the followings appears to provide the best prospect for increases in productivity?
Select correct option:

Management
Raw materials
Labor
Capital

1

Quiz Start Time: 01:09 PM Time Left 71
sec(s)

Question # 11 of 20 ( Start time: 01:14:02 PM ) Total Marks: 1
When using exponential smoothing how the smoothing constant can be determined?
Select correct option:

With the help of the accuracy of the previous forecasts
By using MAD (Mean Absolute deviation)
By choosing to maximize positive bias
By using random variations

2

Quiz Start Time: 01:09 PM Time Left 89
sec(s)

Question # 12 of 20 ( Start time: 01:14:33 PM ) Total Marks: 1
Which one of the following is the final stage of product life cycle?
Select correct option:

Growth
Decline
Maturity
Planning

2

Quiz Start Time: 01:09 PM Time Left 89
sec(s)

Question # 13 of 20 ( Start time: 01:14:57 PM ) Total Marks: 1
Which of the following favors adopting a “go for it” strategy?
Select correct option:

Maximin
Maximax
Minimax regret
Laplace

2

Quiz Start Time: 01:09 PM Time Left 89
sec(s)

Question # 14 of 20 ( Start time: 01:15:15 PM ) Total Marks: 1
Which of the following is not the true representation the concept of time series model?
Select correct option:

Exponential smoothing
Moving averages
Naïve approach
Linear regression

4

Quiz Start Time: 01:09 PM Time Left 89
sec(s)

Question # 15 of 20 ( Start time: 01:16:09 PM ) Total Marks: 1
Strategy design process in initiated by:
Select correct option:

Corporate strategy
Needs of the customer
Operations Strategy
All of the above

4

Quiz Start Time: 01:09 PM Time Left 88
sec(s)

Question # 16 of 20 ( Start time: 01:16:34 PM ) Total Marks: 1
Manufacturability is the ease of fabrication and/or assembly which is important for:
Select correct option:

Cost and Productivity
Productivity and Quality
Cost and Quality
Cost, productivity and Quality

4

Quiz Start Time: 01:09 PM Time Left 84
sec(s)

Question # 17 of 20 ( Start time: 01:17:05 PM ) Total Marks: 1
Which of the following is the main source of a poor decision making by the managers?
Select correct option:

Failure to check their facts
Failure to plan for unexpected events
Failure to connect the problem to the overall strategy
All of the above

4

Quiz Start Time: 01:09 PM Time Left 85
sec(s)

Question # 18 of 20 ( Start time: 01:17:24 PM ) Total Marks: 1
Which one of the following is a curve showing failure rate over time?
Select correct option:

Cost curve
Bath tub curve
Fish bone diagram
Reliability curve

2

Quiz Start Time: 01:09 PM Time Left 76
sec(s)

Question # 19 of 20 ( Start time: 01:17:56 PM ) Total Marks: 1
The forecasting time horizon that would typically be easiest to predict would be:
Select correct option:

Medium-range
Long-range
Short-range
Intermediate range

3

Quiz Start Time: 01:09 PM Time Left 75
sec(s)

Question # 20 of 20 ( Start time: 01:18:16 PM ) Total Marks: 1
Which probability distribution is used most extensively in dealing with forecasting errors?
Select correct option:

Normal
Exponential
Beta
Pareto

1

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  74
sec(s)

Question # 3 of 20 ( Start time: 01:26:51 PM )  Total Marks: 1
Which of the following ensures that the design meets the performance characteristics that are specified in the product concept?
Select correct option:

Functional design

Production design

Service design

Product design

1

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  79
sec(s)

Question # 5 of 20 ( Start time: 01:27:24 PM )  Total Marks: 1
The ratio of the real value of output to the combined input of labor and capital is called:
Select correct option:

Labor Productivity
Capital Productivity
Energy Productivity
Multifactor Productivity

4

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  76
sec(s)

Question # 6 of 20 ( Start time: 01:27:40 PM )  Total Marks: 1
Which of the following does not enhance developing capacity alternatives?
Select correct option:

Designing flexibility into the system
Taking a big picture approach
Staying focused on quantitative factors
Smoothing capacity requirements

3

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  74
sec(s)

Question # 7 of 20 ( Start time: 01:28:00 PM )  Total Marks: 1
OSHA stands for: which one of the following?
Select correct option:

Occupational Safety Hygiene Agency

1

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  74
sec(s)

Question # 8 of 20 ( Start time: 01:28:22 PM )  Total Marks: 1
Which of the following includes the quantitative methods of forecasting?
Select correct option:

Sales force composite
Exponential smoothing
Consumer market survey
Jury of executive opinion

2

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  70
sec(s)

Question # 9 of 20 ( Start time: 01:28:43 PM )  Total Marks: 1
The whole is greater than the sum of the parts.” Called
Select correct option:

Schema
Synergy
Optimization

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  79
sec(s)

Question # 10 of 20 ( Start time: 01:29:11 PM )  Total Marks: 1
Which ONE of the following forms a bridge between two islands of Engineering and Management?
Select correct option:

Production Engineering
Operations Management
Industrial Management
Operations Engineering

1

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  80
sec(s)

Question # 11 of 20 ( Start time: 01:29:27 PM )  Total Marks: 1
Productivity ratios are used in;
Select correct option:

Planning work force requirements
Scheduling equipments
Financial analysis
All of the above

3

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  76
sec(s)

Question # 12 of 20 ( Start time: 01:29:44 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

1

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  76
sec(s)

Question # 13 of 20 ( Start time: 01:30:02 PM )  Total Marks: 1
Suppose an operations manager is having a pessimistic approach of decision making under uncertain conditions. What approach he will follow for decision making?
Select correct option:

Maximin
Maximax
Laplace
Non of the above

1

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  78
sec(s)

Question # 14 of 20 ( Start time: 01:30:22 PM )  Total Marks: 1
Most of the organizations adopt a defensive design R&D Strategy in an attempt to prolong the life of the product by employing new packaging, redesigning it, improving its reliability. This is __________ phase in product life cycle.
Select correct option:

Growth
Maturity
Saturation
Decline

4

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  77
sec(s)

Question # 15 of 20 ( Start time: 01:30:39 PM )  Total Marks: 1
Within the operations function, which one of the following is a long-term management decision?
Select correct option:

Control decision
Non-operational decision
Strategic decision
Tactical decision

3

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  49
sec(s)

Question # 16 of 20 ( Start time: 01:31:01 PM )  Total Marks: 1
The steps of the conversion of inputs into outputs are:
Select correct option:

Input, process, transformation
Labor, control, goods
capital, land, service
Input, conversion process, output

4

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  77
sec(s)

Question # 17 of 20 ( Start time: 01:31:48 PM )  Total Marks: 1
The three major business functions necessary to all organizations are:
Select correct option:

Accounting, personnel, operations
Marketing, finance/accounting, operations
Marketing, accounting, personnel
Marketing, finance, operations

2

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  82
sec(s)

Question # 18 of 20 ( Start time: 01:32:08 PM )  Total Marks: 1
Increases in productivity are difficult to achieve if one of the following situation occurs
Select correct option:

The task is more intellectual and personal
The task is more quantitative and repetitive
The task is more physical and tangible
The task is more good-producing and standardized

1

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  78
sec(s)

Question # 19 of 20 ( Start time: 01:32:24 PM )  Total Marks: 1
Which one of the following reasons account for using moving average in forecasting?
Select correct option:

It eliminates the trend
It smoothes the random fluctuations
It counteracts the seasonal variations
It approximates the period average

4

BC080400349 : Abdul Rehman

Quiz Start Time: 01:26 PM  Time Left  77
sec(s)

Question # 20 of 20 ( Start time: 01:32:42 PM )  Total Marks: 1
Which one of the followings is the most closest to the linear regression?
Select correct option:

Trend projection method of forecasting
Weighted moving average forecasting
Simple moving average forecasting
Naïve forecasting

1

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Mubeen_(VGJW01)_MBA 3.5 gud keep it up & thanks for sharing ur quiz

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Production / Operations Management
2nd Online Quiz spring 2013 by

Production / Operations Management

2nd Online Quiz spring 2013 by

Question # 1 of 20 ( Start time: 08:30:37 PM )  Total Marks: 1

Which of the following terms are important for financial analysis?

Select correct option:

Cash flow and profit

Cash flow and present value

Present value and fixed cost

Cash flow and fixed cost

Question # 2 of 20 ( Start time: 08:31:21 PM )  Total Marks: 1

Which one of the following operating levels is best with respect to capacity?

Select correct option:

The maximum point of the cost curve

The level of capacity for which average unit cost is minimized

The level of capacity for which average unit cost is maximized

The level of capacity for which total cost is minimized

Question # 3 of 20 ( Start time: 08:32:53 PM )  Total Marks: 1

Patterns of time series that repeat themselves after a period of days or weeks are called:

Select correct option:

Seasonality

Random variation

Cycles

Trends

Question # 4 of 20 ( Start time: 08:33:32 PM )  Total Marks: 1

Which one of the following refers to using some of the components of old products in the manufacture of new products?

Select correct option:

Remanufacturing

Robust design

Automation

Manufacturability

Question # 5 of 20 ( Start time: 08:34:28 PM )  Total Marks: 1

Collaborative Planning, Forecasting, and Replenishment (CPFR) a Web based tool used to coordinate demand forecasting, ____________ and inventory replenishment between supply chain trading partners.

Select correct option:

Production and purchase planning

Demand and supply planning

Quantitative forecasting

Demand management

Question # 6 of 20 ( Start time: 08:35:17 PM )  Total Marks: 1

Which one of the following is the overall objective of product and service design?

Select correct option:

Customer satisfaction and variety

Reliability and variety

Quality and reliability

Customer satisfaction and profitability

Question # 7 of 20 ( Start time: 08:36:14 PM )  Total Marks: 1

Strategy design process in initiated by:

Select correct option:

Corporate strategy

Needs of the customer

Operations Strategy

All of the above

Question # 8 of 20 ( Start time: 08:36:47 PM )  Total Marks: 1

The forecasting time horizon that would typically be easiest to predict would be:

Select correct option:

Medium-range

Long-range

Short-range

Intermediate range

Question # 9 of 20 ( Start time: 08:37:22 PM )  Total Marks: 1

Which of the following is not the true representation the concept of time series model?

Select correct option:

Exponential smoothing

Moving averages

Naïve approach

Linear regression

Question # 10 of 20 ( Start time: 08:38:14 PM )  Total Marks: 1

Within the operations function, which one of the following is a long-term management decision?

Select correct option:

Control decision

Non-operational decision

Strategic decision

Tactical decision

Question # 11 of 20 ( Start time: 08:38:51 PM )  Total Marks: 1

An automatic car wash is an example of which of the following?

Select correct option:

Standardized service

Customized service

Batch processing

Intermittent processing

Question # 12 of 20 ( Start time: 08:39:17 PM )  Total Marks: 1

Which one of the following is the most significant disadvantage of standardization?

Select correct option:

Frozen designs

Interchangeable parts

Reduced variety

Customized parts

Question # 13 of 20 ( Start time: 08:39:57 PM )  Total Marks: 1

Which one of the following refers to a decision environment in which relevant parameters have known values?

Select correct option:

Certainty

Uncertainty

Risk

Bounded rationality

Question # 15 of 20 ( Start time: 08:41:23 PM )  Total Marks: 1

OSHA stands for: which one of the following?

Select correct option:

Occupational Safety Hygiene Agency

Question # 16 of 20 ( Start time: 08:42:04 PM )  Total Marks: 1

Which one of the following is concerned in short term capacity needs?

Select correct option:

Cycle

Trends

Seasonality

Average

Question # 17 of 20 ( Start time: 08:42:58 PM )  Total Marks: 1

Which one of the following factors provides a basis for comparing alternative forecasting techniques?

Select correct option:

Time dimension

Reliability factor

Degree of accuracy

Measuring units

Question # 18 of 20 ( Start time: 08:43:55 PM )  Total Marks: 1

Which of the following functions of an organization consists of all activities directly related to production of a good or service?

Select correct option:

Operations

Marketing

Accounting

Finance

Question # 19 of 20 (Start time: 08:44:45 PM )  Total Marks: 1

Which of the following is the main source of a poor decision making by the managers?

Select correct option:

Failure to check their facts

Failure to plan for unexpected events

Failure to connect the problem to the overall strategy

All of the above

Question # 20 of 20 ( Start time: 08:45:00 PM )  Total Marks: 1

All of the following are steps in forecasting process EXCEPT:

Select correct option:

Determine the purpose of the forecast

Establish a time horizon

Assigning weights to the criteria

Monitor the forecast

MGT613_Solved_Online_Quiz_2_Spring_2013

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