3 Identify the three basic methods to determine time standards Answer 1
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1.Unavoidable delay
2.Rest period
3.Fatigue
4.All of the above
Answer:4
Posted Date:-2021-12-06 02:53:48
- A lot-sizing technique that generates exactly what was required to meet the plan is
- A phantom bill-of-materials is a bill-of-materials developed for
- An MRP system that provides feedback to the capacity plan, master production schedule, and production plans is called
- Assume that a normal cycle time for a set of transactions is 35 seconds and an allowance rate for fatigue is 15%. Determine the hourly transaction-processing rate based on the standard time in seconds for each lottery transaction.
- Breaking up the order and running part of it ahead of schedule is known as
- Buying according to the requirements is called
- Corporate governance success includes three key groups. Which of the following represents these three groups?
- Formal methods of work measurement exclude which of the following?
- In a distribution requirements planning environment, forecasted demand at the plant level is equal to _______ in the distribution center level.
- Looking at socio-technical systems, which job design principle is not important?
- Managers can use work standards in which of the following ways?
- Procuring an item in staggering deliveries according to the delivery schedule finished to the supplier by the buyer.
- Purchasing responsibilities can be divided into Buying, Clerical and __________________ division.
- Raw Materials and WIP can be classified under
- The 5 steps of making a work sample study include all of the following except:
- The difference between a gross material requirements plan (gross MRP) and a net material requirements plan (net MRP) is
- The first activity of Purchasing cycle is
- The list of quantities of components, ingredients, and materials required to produce a product is the
- The master production schedule is the schedule of production for what level product/material?
- The master production schedule requires all of the following input except
- The operations manager has several tools available to deal with MRP system nervousness. Those tools are
- The work measurement method that is most often used for setting time standards for a job is:
- The work measurement method that is not usually used for setting standards for repetitive,'well-defined jobs is:
- What is the most appropriate goal of the firm?
- When a bill-of-materials is used in order to assign an artificial parent to a bill-of-materials, it is usually called a
- Which is not a disadvantage of specialization?
- Which is not an advantage of specialization?
- Which of the following are reasons why an allowance should be added to determine the standard time?
- Which of the following is not a major personnel selection method?
- Which of the following is not a trend in job design?
- Which of the following lot-sizing techniques is likely to prove the most complex to use?
- Which of the following statements is correct regarding profit maximization as the primary goal of the firm?
- Which of the following statements is not correct regarding earnings per share (EPS) maximization as the primary goal of the firm?
- Work measurement sets time standards that are necessary for all of the following reasons except:
- Work-sample test
- _____ calculates the timing and quantities of material orders needed to support the master schedule.
- ______ is the task of buying goods of right quality, in the right quantities, at the right time and at the right price.
- _______ is concerned with the maximization of a firm's earnings after taxes.
- _______ is concerned with the maximization of a firm's stock price.
- _______ is the amount of new orders necessary to support production of the required output in the next higher level in the bill of materials.
- _______ is the scientific technique for planning the ordering and usage of materials at various levels of production and for monitoring the stocks during these transaction.
- ________ also called part lists or building lists is the document generated at the design stage.
- ________ are the basic materials which have not undergone any conversion since their receipt from suppliers.
- ________ is a time phased approach to managing the physical distribution environment with dependent demand logic.
- ________ is the amount of materials necessary to support production of the required output in the next higher level in the bill of materials.
- _________ allows a segment of the master schedule to be designated as "not to be rescheduled."
- _________ determines when specific products will be produced, when specific customer orders will be fulfilled, and what capabilities remain available to satisfy unexpected demand.
- __________ can be seen as the amount of new inventory created by production.
- __________ is the time that elapses between issuing replenishment order and receiving the material in stores.
- ___________ establishes the overall production, workforce, and inventory levels.
Objective Questions and Answers of MBA: Production and Operations Management 9
Subject: Objective Questions and Answers of MBA: Production and Operations Management 9
Part 9: Objective questions and answers of Production and Operations Management
Q1. The master production schedule is the schedule of production for what level product/material?
a) Level 0
b) Level 1
c) Level 2
d) Level 3
Q2. The work measurement method that is not usually used for setting standards for repetitive a well-defined job is:
a) The elemental standard data approach
b) The predetermined data approach
c) The time study method
d) The work sampling method
Q3. Which is not an advantage of specialization?
a) Upstream and downstream quality control
b) Rapid training
c) Ease of recruiting
d) No education required
Q4. Which of the following are reasons why an allowance should be added to determine the standard time?
a) Unavoidable delay
b) Rest period
c) Fatigue
d) All of the above
Q5. Which is not a disadvantage of specialization?
a) Boredom
b) Little opportunity to progress
c) Low cost to replace a worker
d) Limited flexibility to change the process
Q6. Assume that a normal cycle time for a set of transactions is 35 seconds and an allowance rate for fatigue is 15%. Determine the hourly transaction-processing rate based on the standard time in seconds for each lottery transaction.
a) 90
b) 103
c) 716
d) None of the above
Q7. Work measurement sets time standards that are necessary for all of the following reasons except:
a) To schedule work and allocate capacity
b) To scare employees
c) To provide an objective basis for motivation
d) To bid for new contracts
Q8. The work measurement method that eliminates the need for time studies is:
a) The predetermined data approach
b) The work sampling method
c) The elemental standard data approach
d) The time study method
Q9. Disadvantages of the predetermined data approach include:
a) The reduction of the sources of error inherent in time studies
b) The ability to set standards for new jobs before production begins
c) The reduction of the need for performance ratings
d) The need to break work into micro motions
Q10. Which of the following is not a trend in job design?
a) Temporary workers
b) 9 to 5 scheduling
c) Alternative workplaces (telecommuting, shared offices, etc.)
d) Automation of manual work
Q11. One use of inventory is
a) To ensure that item cost is maximized.
b) To tightly link production and distribution processes.
c) To provide a hedge against inflation.
d) To tightly link a firm's production with its customers' demand.
Q12. Inventory carried for the purpose of providing flexibility to each decision-making unit to ‘manage its operations independently is known as
a) Safety inventory
b) Cycle inventory
c) Seasonal inventory
d) Decoupling inventory
Q13. A system that triggers ordering on a uniform time basis is called a
a) Fixed-quantity system.
b) Reorder point system.
c) Fixed-period system.
d) Eoq.
Q14. Extra units that are held in inventory to reduce stock outs are called
a) Just-in-time inventory.
b) Reorder point.
c) Demand variance.
d) Safety stock.
Q15. In the probabilistic model, increasing the service level will
a) Cannot be determined.
b) Have no impact on the cost of the inventory policy.
c) Increase the cost of the inventory policy.
d) Reduce the cost of the inventory policy.
Q16. Policies based on ABC analysis might include investing
a) More in inventory security for c items.
b) More in supplier development for a items.
c) The most time and effort verifying the accuracy of records for b items.
d) Extra care in forecasting for c items.
Q17. The two most important inventory-based questions answered by the typical inventory model are
a) When to place an order and what is the cost of the order.
b) When to place an order and how many of an item to order.
c) How many of an item to order and with whom the order should be placed.
d) How many of an item to order and what is the cost of this order.
Q18. Centralized system will provide benefits for the items which
a) Are fast-moving
b) Are slow moving and have high demand variability
c) Have low demand variability
d) Have high demand variability
Q19. The inventory which is dependent on alternative modes of transportation is known as
a) Safety inventory
b) Pipeline inventory
c) Decoupling inventory
d) Seasonal inventory
Q20. Inventory record accuracy would be decreased by
a) Abc analysis.
b) Increasing stockroom accessibility.
c) Cycle counting.
d) Reorder points.
Part 9: Objective questions and answers of Production and Operations Management
Q1. Answer a
Q2. Answer d
Q3. Answer a
Q4. Answer d
Q5. Answer c
Q6. Answer a
Q7. Answer b
Q8. Answer a
Q9. Answer d
Q10. Answer b
Q11. Answer a
Q12. Answer d
Q13. Answer c
Q14. Answer d
Q15. Answer c
Q16. Answer b
Q17. Answer b
Q18. Answer b
Q19. Answer b
Q20. Answer b