MGT613 Production / Operations Management solve paper april 2011

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full solve paper in attachment
Which of the following statement correctly explains the role of operations management?
Select correct option:
Sustain the company’s operation
Protect the company’s operation
Project the company’s operation
All of the above
Question # 2 of 15 ( Start time: 09:32:14 AM ) Total Marks: 1
Which of the following is a technique for fitting a line to a set of points?
Select correct option:
Regression
Trend
Cycle
Moving average
Question # 3 of 15 ( Start time: 09:32:45 AM ) Total Marks: 1
Operations based strategy involves all activities except;
Select correct option:
Supply chain management
Quick response to customer needs
Flexibility and inventory management
Identifying customer wants and needs
Question # 4 of 15 ( Start time: 09:33:21 AM ) Total Marks: 1
Flexible operations comes under the example of:
Select correct option:
Strategy
Tactics
Mission
Goals
Question # 5 of 15 ( Start time: 09:34:49 AM ) Total Marks: 1
All of the following are examples of Qualitative forecasting except:
Select correct option:
Judgmental
Delphi Method
Consumer Survey
Naïve Forecasting
Question # 6 of 15 ( Start time: 09:35:37 AM ) Total Marks: 1
Which of the following favors adopting a “go for it” strategy?
Select correct option:
Maximin
Maximax
Minimax regret
Laplace
Question # 7 of 15 ( Start time: 09:36:04 AM ) Total Marks: 1
Which of the following is the main source of a poor decision making by the managers?
Select correct option:
Failure to check their facts
Failure to plan for unexpected events
Failure to connect the problem to the overall strategy
All of the above
Question # 8 of 15 ( Start time: 09:36:50 AM ) Total Marks: 1
Techniques having numerical data include which of the following?
Select correct option:
Subjective inputs
Qualitative technique
Quantitative technique
Delphi method
Question # 9 of 15 ( Start time: 09:37:58 AM ) Total Marks: 1
Which of the following functions of an organization consists of all activities directly
related to production of a good or service?
Select correct option:
Operations
Marketing
Accounting
Finance
Question # 10 of 15 ( Start time: 09:38:38 AM ) Total Marks: 1
The main constituents of the Quantitative methods of forecasting are?
Select correct option:
Sales force composite
Panel of executive opinion
Consumer market survey
Exponential smoothing
Question