Quiz

Q1. The production volume of a product line is the ________________ of the production quantities
of different stations in the product line.

(a) Maximum (b) Minimum (c) Average (d) Sum

Q2. _____ is the application of a set of techniques to an existing product with a view to improving its
value.

(a) Value analysis (b) Value engineering (c) Value stream mapping (d) Value optimization

Q3. _________________ cost decreases when the order size is increased.

a. Carrying b. Ordering c. Both a and b d. Neither of the two

Q4. In which of the following methods, the time durations of the activities are deterministic?

a. CPM b. PERT c. CERT d. XERT

Q5. In Gantt charts, what is represented on Y axis and X axis respectively?

a. Time, Tasks b. Tasks, Criticality index c. Tasks, Minimum time d. Tasks, Time

Q6. Six Sigma was introduced in which of the following company?

a. General Electric b. Toyota c. Motorola d. Mitsubishi

Q7.

Identify the chart

a. Pareto Chart b. Waterfall chart c. Gantt Chart d. Funnel chart

Q8. Who among the following is one of the originators of the Total Quality Management approach?

a. Jack Welch b. Dieter Zetsche c. Bill Smith d. Joseph Juran

Q9. Apple estimates it will sell 1 Million iPhone-11 in 2019. Ordering cost is 10000 Rs. per order.
Holding cost is 5000 Rs per unit per year. Economic Order Quantity for 2019 of Apple will be ?

a. 2500 b. 2000 c. 3000 d. 4000

Q10. What is the time required to finish the task using Critical Path Method?
(The numbers present above the boxes represent time required to complete that activity)

a. 12 b. 9 c. 14 d. 19

Q11. Product line manufacturing phones has 5 stations in series. Actual output of the line is 500 per
shift.

Station no. 1 2 3 4 5
Individual 600 650 650 550 600
capacity/shift

What is the system efficiency?

a. 81.96% b. 76.92% c. 90.90% d. 88.61%

Q12. Which of the following method of forecasting is used for subjective nature of demand values?

a. Semi-Average b. Delphi c. Gamma d. Beta

Q13. Which analysis is based on the frequency of use of the items in the stores?

a. XYZ analysis b. ABC analysis c. FSN analysis d. SDE analysis

Q14. EOQ corresponds to the _________________ point on the total cost curve.

a. Maximum b. Minimum c. Average d. Tangential

Q15. In the purchase model of inventory without shortages, the number of orders per year is
_________________

a. Annual demand/lead time b. EOQ/annual demand c. Annual demand/EOQ d. EOQ / lead

time

Q16. In ABC analysis, finally the items are to be sorted according to the _________________ order
of their consumption values before obtaining the cumulative consumption values.

a. Descending b. Ascending c. Random d. Ascending-Descending Alternate

Q17. In P system of inventory, the order size is _________________

(a) Minimum inventory level – Current stock level (b) Maximum inventory level + Current stock level

(c) Maximum inventory level – Current stock level (d) Minimum Inventory level + Current stock level

Q18. Planning period of aggregate planning ranges from ________

a. 3 months-1year b. 1 year – 1.5 years c. 2 year – 2.5 years d. 2 year – 3 year

Q19. Which of the following SAP TCodes is used for checking the stocks of materials in plant?

a. ME51N b. ME23N c. MMBE d. MIGO

Q20 Identify this tool which is used for identifying the causes of the defects in a production plant.

a. Why-Why analysis b. Pareto Chart c. Ishikawa d. Six Sigma