OPERATIONS AND PRODUCTION MANAGEMENT EXAM FULLY SOLVED #30.

OPERATIONS AND PRODUCTION MANAGEMENT EXAM
FULLY SOLVED #30
Which of the following is not true about systems approach?
A) A systems viewpoint is almost always beneficial in decision making.
B) A systems approach emphasizes interrelationships among subsystems.
C) A systems approach concentrates on efficiency within subsystems.
D) A systems approach is essential whenever something is being redesigned or
improved.
E) All of the above are true. - correct answer C.) A systems approach concentrates on
efficiency within subsystems.

In business, forecasts are the basis for:
A) capacity planning
B) budgeting
C) sales planning
D) production planning
E) all of the above - correct answer E.) All of the above

At the break-even point:
A) output equals capacity
B) total cost equals total revenue
C) total cost equals profit
D) variable cost equals fixed cost
E) variable cost equals total revenue - correct answer B.) Total cost equals total
revenue

Heuristic rules are usually applied when:
A) an optimum is necessary
B) a computer program isn't available
C) a problem has a small number of alternatives
D) a problem has a large number of alternatives
E) other approaches have failed - correct answer D.) A problem has a large number of
alternatives

The term 'standardization' is closely associated with:
A) customization
B) high cost
C) longer lead times
D) variety
E) interchangeability - correct answer E.) Interchangeability

Ergonomics is the use of computers and robots in the workplace.
A) True
B) False - correct answer B.) False