πŸ“Š Production Management
Q. Which among the following is a special factor that influences the plant location?
  • (A) Cultural factor
  • (B) Infrastructure
  • (C) Communication facilities
  • (D) Transport
πŸ’¬ Discuss
βœ… Correct Answer: (A) Cultural factor
πŸ“Š Production Management
Q. Which among the following methods is largely dependent on the decision maker’s choice of factors and weights?
  • (A) Factor rating
  • (B) Rating plan
  • (C) Centre of gravity
  • (D) Point rating
πŸ’¬ Discuss
βœ… Correct Answer: (B) Rating plan
πŸ“Š Production Management
Q. Forecast error is equal to minus Forecast demand.
  • (A) Actual decision
  • (B) Actual demand
  • (C) Actual forecast
  • (D) Actual allowance
πŸ’¬ Discuss
βœ… Correct Answer: (B) Actual demand
πŸ“Š Production Management
Q. Which of the following strategies serves as a competitive priority of customization and ensures fast delivery?
  • (A) Make-to stock
  • (B) Make-to-order
  • (C) Assemble-to-order
  • (D) Service
πŸ’¬ Discuss
βœ… Correct Answer: (C) Assemble-to-order
πŸ“Š Production Management
Q. Decisions include facility planning, location and layout.
  • (A) Operating
  • (B) Technology
  • (C) Capacity
  • (D) Quality
πŸ’¬ Discuss
βœ… Correct Answer: (C) Capacity
πŸ“Š Production Management
Q. is the process of estimating, routing, and scheduling.
  • (A) Planning
  • (B) Controlling
  • (C) Implementing
  • (D) Functioning
πŸ’¬ Discuss
βœ… Correct Answer: (A) Planning
πŸ“Š Production Management
Q. — is a process of comparison with a superior performer anywhere in the world to improve quality.
  • (A) Environmental scanning
  • (B) Strategic decision making
  • (C) Benchmarking
  • (D) SWOT analysis
πŸ’¬ Discuss
βœ… Correct Answer: (C) Benchmarking
πŸ“Š Production Management
Q. Discovers the destination for the product or service that is produced.
  • (A) Financing
  • (B) Marketing
  • (C) Analyzing
  • (D) Scheduling
πŸ’¬ Discuss
βœ… Correct Answer: (B) Marketing
πŸ“Š Production Management
Q. Which approach is used to gain access to foreign markets and quickly promote an organization’s interest?
  • (A) Joint venture
  • (B) Technology transfer
  • (C) Collaboration
  • (D) Licensing
πŸ’¬ Discuss
βœ… Correct Answer: (A) Joint venture
πŸ“Š Production Management
Q. Coordination between various operations in identifying the jobs that have to be done is a function which of the following?
  • (A) Personnel productivity
  • (B) System productivity
  • (C) Capital productivity
  • (D) Labour productivity
πŸ’¬ Discuss
βœ… Correct Answer: (A) Personnel productivity