MQM ACTUAL EXAM QUESTIONS AND
COMPLETE STUDY GUIDE 2026
▶ The aim of quality function deployment (QFD) is: Answer: to get the
voice of the customer into the design of a product.
▶ Which of the following is not a typical phase of product development?
Answer: Early Market Feedback
▶ Performance measures discussed for development projects do not
include Answer: percentage sales coming from very old products.
▶ Which of the following is a characteristic of concurrent engineering?
Answer: Separate development teams working at once
▶ Design for manufacturing and assembly delivers product improvements
by emphasizing which of the following? Answer: Simplification of the
product by reducing the number of separate parts
▶ A reason that firms must develop more new products than ever is which
of the following? Answer: Product life cycles are shorter.
▶ Consumer electronics is an example of a product developed in which
variant of the generic product development process? Answer: Platform
products
▶ Economic analysis of product development projects is useful in which of
the following circumstances? Answer: Go/no-go milestones
▶ The ability to rapidly and inexpensively switch production from one
product to another enables what are sometimes referred to as? Answer:
Economies of scope
▶ Capacity planning involving acquisition or disposal of fixed assets such
as buildings, equipment or facilities is considered as which one of the
following planning horizons? Answer: Long range
, ▶ If the actual output of a piece of equipment during an hour is 500 units
and its best operating level is at a rate of 400 units per hour, which of the
following is the capacity utilization rate? Answer: 1.25
▶ Capacity planning involving consideration of production scheduling and
inventory position is characterized by which one of the following time
durations? Answer: Short range
▶ If the best operating level of a piece of equipment is at a rate of 400 units
per hour and the actual output during an hour is 300 units, which of the
following is the capacity cushion? Answer: 100 units per hour
▶ Capacity can be defined as the ability to hold, receive, store, or
accommodate Answer: True
▶ When evaluating capacity, managers need to consider both resource
inputs and product outputs. Answer: True
▶ The objective of strategic capacity planning is to provide an approach for
determining the overall capacity level of labor-intensive resources. Answer:
False. Determining overall capacity levels of capital-intensive resources
▶ The basic notion of economies of scale is that as a plant gets larger and
volume increases, the average cost per unit of output drops. Answer: True
▶ Capacity flexibility means having the ability to rapidly increase or
decrease production levels or to shift production capacity quickly from one
product or service to another. Answer: True
▶ A project can be subdivided into which of the following? Answer: Work
packages
▶ What is a work breakdown structure? Answer: A definition of the
hierarchy of project tasks, subtasks, and work packages
▶ Some of the advantages of a functional project where the project is
housed in a functional division include which of the following? Answer: A
team member can work on several projects.
▶ You have just been assigned to oversee a series of projects. Functional
areas will loan you personnel for each project, and separate project
COMPLETE STUDY GUIDE 2026
▶ The aim of quality function deployment (QFD) is: Answer: to get the
voice of the customer into the design of a product.
▶ Which of the following is not a typical phase of product development?
Answer: Early Market Feedback
▶ Performance measures discussed for development projects do not
include Answer: percentage sales coming from very old products.
▶ Which of the following is a characteristic of concurrent engineering?
Answer: Separate development teams working at once
▶ Design for manufacturing and assembly delivers product improvements
by emphasizing which of the following? Answer: Simplification of the
product by reducing the number of separate parts
▶ A reason that firms must develop more new products than ever is which
of the following? Answer: Product life cycles are shorter.
▶ Consumer electronics is an example of a product developed in which
variant of the generic product development process? Answer: Platform
products
▶ Economic analysis of product development projects is useful in which of
the following circumstances? Answer: Go/no-go milestones
▶ The ability to rapidly and inexpensively switch production from one
product to another enables what are sometimes referred to as? Answer:
Economies of scope
▶ Capacity planning involving acquisition or disposal of fixed assets such
as buildings, equipment or facilities is considered as which one of the
following planning horizons? Answer: Long range
, ▶ If the actual output of a piece of equipment during an hour is 500 units
and its best operating level is at a rate of 400 units per hour, which of the
following is the capacity utilization rate? Answer: 1.25
▶ Capacity planning involving consideration of production scheduling and
inventory position is characterized by which one of the following time
durations? Answer: Short range
▶ If the best operating level of a piece of equipment is at a rate of 400 units
per hour and the actual output during an hour is 300 units, which of the
following is the capacity cushion? Answer: 100 units per hour
▶ Capacity can be defined as the ability to hold, receive, store, or
accommodate Answer: True
▶ When evaluating capacity, managers need to consider both resource
inputs and product outputs. Answer: True
▶ The objective of strategic capacity planning is to provide an approach for
determining the overall capacity level of labor-intensive resources. Answer:
False. Determining overall capacity levels of capital-intensive resources
▶ The basic notion of economies of scale is that as a plant gets larger and
volume increases, the average cost per unit of output drops. Answer: True
▶ Capacity flexibility means having the ability to rapidly increase or
decrease production levels or to shift production capacity quickly from one
product or service to another. Answer: True
▶ A project can be subdivided into which of the following? Answer: Work
packages
▶ What is a work breakdown structure? Answer: A definition of the
hierarchy of project tasks, subtasks, and work packages
▶ Some of the advantages of a functional project where the project is
housed in a functional division include which of the following? Answer: A
team member can work on several projects.
▶ You have just been assigned to oversee a series of projects. Functional
areas will loan you personnel for each project, and separate project
