Q. Locating the plant nearer to the market is preferred if:
✅ Correct Answer: (C)
(a) and (b)
Operations Management MCQs and Notes
Q. Which of the following factor affects the choice of the plant location selection decision?
✅ Correct Answer: (D)
all of these
Q. Which of the following cost is associated with inventories?
✅ Correct Answer: (D)
all of these
Q. ……………………….is the quantity that should be carried by the company so that production is not affected before the next deliver arrives.
✅ Correct Answer: (A)
minimum stock level
Q. Which of the following is a function of purchasing department?
✅ Correct Answer: (D)
all of these
Q. The process of buying large quantities of items when its price is low so that tentative profits can be obtained by selling them at higher prices is called……………..
✅ Correct Answer: (A)
speculative purchasing
Q. Which of the following is a way of codification?
✅ Correct Answer: (D)
all of these
Q. Which of the following is material handling equipment?
✅ Correct Answer: (D)
all of these
Q. Which of the following is an objective of quality assurance?
✅ Correct Answer: (D)
all of these