2025/2026 Exam Questions with 100%
Correct Answers | Latest Update
volume-to-weight ratio - 🧠 ANSWER ✔✔volume (L x W x H)/weight
Helps ensure efficient space utilization and compliance with mode
restrictions.
Product Life Cycle (PLC) Stages - 🧠 ANSWER ✔✔Introductory Stage,
Growth Stage, Maturity Stage, Decline Stage
What are the 4 Vs of Operations Management? (Unilever's Operations
Manageent) - 🧠 ANSWER ✔✔Volume, Variety, Variability, and Visibility.
Volume Operational Production Strategy - 🧠 ANSWER ✔✔Refers to how
much production of a specific product is required to satisfy its overall
demand in the market. (Physical number of units or items produced)
,Variety Operational Production Strategy - 🧠 ANSWER ✔✔Related to the
variety of goods/services to be produced and sold to customers. (Diversity)
Selling various products or services helps organizations increase sales and
profit potential and decreases product dependency.
Variation Operational Production Strategy - 🧠 ANSWER ✔✔Refers to how
much the level of demand changes over some time due to external factors.
Visibility Operational Production Strategy - 🧠 ANSWER ✔✔Refers to value
chain of a company's all processes put together.
Project Production - 🧠 ANSWER ✔✔one-at-a-time production of a product
made to customer order
Mass Production - 🧠 ANSWER ✔✔Process of making large quantities of a
product quickly and cheaply
Continuous Production - 🧠 ANSWER ✔✔the production of a very-high-
volume commodity product with highly automated equipment. Machines
constantly make the product.
, Batch Production - 🧠 ANSWER ✔✔producing a limited number of identical
products - each item in the batch passes through one stage of production
before passing on to the next stage
Time Performance - 🧠 ANSWER ✔✔A measure of how often a supplier
meets agreed-upon delivery dates (used in supply-chain management
metrics).
Quality Performance - 🧠 ANSWER ✔✔The product or service performs its
intended function as identified by the consumer. (minimize waste)
Flexibility Performance - 🧠 ANSWER ✔✔The ability to respond proactively
or reactively to uncertainties in the business environment.
Dependability Performance - 🧠 ANSWER ✔✔Can be counted on to follow
through and achieve results with consistency. (the way it was intended and
on time)
Logistics Reengineering Process (LRP) Goal - 🧠 ANSWER ✔✔Analyze
workflows within and between enterprises in order to optimize end-to-end
processes and eliminate tasks that don't provide customer value. Used to
achieve significant improvements in operational efficiencies.
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