NISA GIRLS COLLEGE ,SIALKOT

MID-TERM EXAM SUBJECT: OPM

CLASS: BBA-5th MARKS :50
Time: 1:45
(OBJECTIVE PART)

1.Capacity decisions have a direct influence on performance of production system in respect of

–––––––––.

a)Delivery performance b)Quality control

c)Plant size d)Manpower

2 .Business is rated on which dimensions

a)Market attractiveness b)Business strength

c)both (A) and (B) d)none of the above

3.Which of the following policies is advisable in case of low product variety and large volumes?

a)Skilled labour, special purpose machines

b)Low skilled labour, general purpose machine

c)Low Skilled Labour, Special Purpose Machines

d)Any of the above

4. 'W' in SWOT stands for

a)What do you do well? b)What could you improve?

c)What doors are open to you? d)What threats could harm you

5. Which kind of labour force is required in case of Jobbing Production?

a)Highly Skilled b)Semi skilled c)Unskilled d)Any of the above

6.  The purpose of the transportation approach for locational analysis is to minimize

a)      total costs b)      total shipping costs c)       total variable costs     d)      total fixed costs 
e)      the number of shipments

7. The initial solution to a transportation problem can be generated in any manner, so long as

a.  it minimizes cost    b) it ignores cost all supply and demand are satisfied

c.       degeneracy does not exist d.   all cells are filled

8. ––––––––– should have the ability to develop a vision to see patterns into the future.

a)Leaders b)Workers c)Management d)None of the above

9. Which of the following Principles of Management is not advocated by F W Taylor?

a)Selection of best worker for each particular task

b)Division of work between worker and management

c)Training and development of the workmen

d)Involvement of workers in strategy planning

10. Which photographic technique is used to record path of motions of the members of the
body during method study?

a)Acrograph b)Cyclograph c)Cyclogram d)Cycloscope

11. Control should involve ––––––––– amount of information.

a)Minimum b)Sufficient c)Maximum d)Any of the above

12.Cycle counting

a. is a process by which inventory records are verified once a year

b. provides a measure of inventory accuracy

c. provides a measure of inventory turnover

d. assumes that all inventory records must be verified with the same frequency 2

13. Costs that continue even if no units are produced are called

A)Variable costs. B)Mixed costs.

C)Marginal costs. D)Fixed costs.

14. Which of the following actions would be best if a firm faced highly seasonal demand for a
perishable product?

A)Hire and fire employees as demand fluctuates.

B)Build up inventory when demand is low.

C)Add warehouse and production building space to accommodate the highest period of
demand.

D)Offer a product with a complementary demand pattern

15. A strategy which aims to produce the maximum amount of goods at the lowest possible
price is called:

A)Production orientation. B)Selling orientation.

C)Societal marketing D)Cost orientation

16.1. When developing inventory cost models, which of the following are not included as costs
to place an order?

A) Phone calls B) Taxes C) Clerical D) Calculating quantity to order E) Postage

17. All of the following statements concerning the characteristics of aggregate planning for
services is true except

a) most services cannot be inventoried

b) demand is difficult to predict

c) capacity is easy to predict

d) labor is the most constraining resource

e) all of the above statements are true

18. Which of the following is true?

A)Value is always lower than price.

B)Value is what consumers are prepared to pay.

C)Cost is always lower than price.

D)Price is always lower than value.

19. A specific satisfier for a need is called a______________.

A)Product B)Demand C)Want D)Market

20. Which of the following aggregate planning techniques guarantees an optimal solution?

a) linear programming b) search decision rule

c) trial and error with a spreadsheet d) management coefficients model

Short Questions:

1. Define Model and its types.(2)

2. Write Scientific management.(5)

3. Define Operation management enlist qualities of good operation manager.(2)

4. Define strategies for meeting uneven demand.(2)

5. Write techniques for aggregate planning.(2)

6. Linear programming technique.(2)

7. Master scheduling.(5)

8. Classification system of inventory.(2)

9. Draw goal and building blocks of lean system.(5)

10. Define kaizen and heijunka approach.(3)