Thursday, January 13, 2011

Re: [discussion_vu] I required final term solved papers Please help me about this situation. thanks for every one.

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MGT613: Production / Operations Management

MGT613 Final Term Fall 2009 s4 Shared By ISHI Khan(R)

Wednesday, 09 June 2010 16:07 umeed.e.subh

MGT613 Final Term Fall 2009 s4 Shared By ISHI Khan(R)

FINALTERM EXAMINATION

Fall 2009

MGT613- Production / Operations Management (Session - 4)

Time: 120 min

Marks: 79

Question No: 1 ( Marks: 1 ) - Please choose one

Which one of the following correctly explains the quantitative forecasting technique?

► It consists mainly of numerical descriptions and resist subjective inputs of managers.

► It consists mainly of subjective inputs and resist particular numerical descriptions.

► It consists mainly of subjective inputs and resist human factor, personal opinions.

► It consists mainly of analyzing objective and hard data and resist human factor, opinion.

Question No: 2 ( Marks: 1 ) - Please choose one

Which one of the following is an outcome of MINIMAX regret?

► The best of the worst possible payoff

► The best possible payoff

► The best average payoff

► The least of the worst regret

Referece: By www.vuzs.net

Question No: 3 ( Marks: 1 ) - Please choose one

Given the table:

Alternatives	Possible future demand
Alternatives	Low (Rs.)	High (Rs.)
Small facility	10,000	8,000
Medium facility	12,000	20,000
Large facility	18,000	15,000

Which one of the following is the correct payoff under MINIMAX regret approach?

► Rs. 12,000

► Rs. 6,000

► Rs. 5,000

► Rs. 16,000

Question No: 4 ( Marks: 1 ) - Please choose one

Which one of the following refers to the volume of output at which total cost equals total revenue?

► Optimal operating rate

► Break even point

► Feasible volume

► Utilization

Question No: 5 ( Marks: 1 ) - Please choose one

ABC Corporation has planned to purchase a new machine. Total annual fixed cost is Rs. 10,000, variable cost is Rs. 5 per unit and revenue is Rs. 7 per unit. What would be the break even point?

► 833 units

► 2000 units

► 5000 units

► 1012 units

Question No: 6 ( Marks: 1 ) - Please choose one

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MGT613: Production / Operations Management

MGT613 Final 2010 unsolved

Monday, 13 December 2010 12:27 Zubair Hussain

MGT613 Final 2010 unsolved

FINALTERM EXAMINATION

Fall 2010

MGT613- Production / Operations Management (Session - 2)

Question No: 1 ( Marks: 1 ) - Please choose one

Within the operations function, which one of the following is a long-term management decision?

► Control decision

► Non-operational decision

► Strategic decision

► Tactical decision

Question No: 2 ( Marks: 1 ) - Please choose one

Which one of the following forms of productivity is expressed as dollar value of output per kilowatt hour?

► Capital

► Energy

► Labor

► Machine

Question No: 3 ( Marks: 1 ) - Please choose one

Which one of the following is an implication of laplace approach of decision making?

► The best of the worst possible payoff

► The best possible payoff

► The best average payoff

► The least of the worst regrets

Question No: 4 ( Marks: 1 ) - Please choose one

Which one of the following is an outcome of Maximax?

► The best of the worst possible payoff

► The best possible payoff

► The best average payoff

► The least of the worst regrets

Question No: 5 ( Marks: 1 ) - Please choose one

Which one of the following forecasting techniques is used to identify a trend when data is neither growing nor declining rapidly and has no seasonal characteristics?

► Simple moving average

► Delphi method

► Trend adjusted forecast

► Naïve forecast

vuzs.net

Question No: 6 ( Marks: 1 ) - Please choose one

Which one of the following is a possible disadvantage of a moving average forecast?

► The method is unable to forecast the demand accurately

► The method is easy to compute and easy to understand

► All the values in the average are weighted equally

► The most recent values are given the more weighted

Question No: 7 ( Marks: 1 ) - Please choose one

Which of following statement is true about effective capacity?

► It is the actual output achieved

► It is always less then actual output

► It is the maximum output that a firm can produce

► It is always less than designed capacity

(zh,vuzs,12dec10)

Question No: 8 ( Marks: 1 ) - Please choose one

Which one of the following is the correct order of layout types from low volume/high variety to high

volume/low variety?

► Fixed position, process, cell, product

► Fixed position, cell, process, product

► Fixed position, process, product, cell

► Process, fixed position, cell, product

Question No: 9 ( Marks: 1 ) - Please choose one

Which one of the following designs resists modifications?

► Frozen design

► Product design

► Service design

► Robust design

Question No: 10 ( Marks: 1 ) - Please choose one

Which one of the following is correct about the range of availability on a measuring index?

► 0.1 to 1.0

► 0 to 1.0

► 0.5 to 1.0

► 0.01 to 1.0

Refence by zubair hussain

Its always between 0 (not avlialble) to 1 (avilable)

Question No: 11 ( Marks: 1 ) - Please choose one

Which one of the following operating levels is best with respect to capacity?

► The maximum point of the cost curve

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MGT613: Production / Operations Management

Fall2008 FinalTerm MGT613 s4 Solved By vuZs Team (R)

Monday, 26 July 2010 00:51 umeed.e.subh

FINALTERM EXAMINATION 2008

MGT613- Production and operation management

Solved With References by Princess Sassi ( princesssassigmail.com)

www.vuzs.net/

http://groups.google.com/group/vuZs

Solution is provided by vuZs Solution Team.You are free to distribute and use it. In case you wanted to host or re-distribute it. Please don't remove the links of group and website

Question No: 1 ( Marks: 1 ) - Please choose one

What would be the productivity if 9 workers installed 650 square yards of carpeting in 6 hours?

12.03 square yards/hr

72.20 square yards/hr

108.30 square yards/hr

5850 square yards/hr

Question No: 2 ( Marks: 1 ) - Please choose one

All of the following are the decision areas of an operations manager EXCEPT:

Financial reporting

Inventory management

Scheduling tasks

Supply chain management

Operations Managers job responsibility includes but is not limited to:

Forecasting

Capacity planning

Scheduling

Inventory Management

Quality Assurance and Control

Motivating employees

Deciding where to locate facilities

Question No: 3 ( Marks: 1 ) - Please choose one

Which one of the following is an outcome of MAXIMIN criterion?

The best of the worst possible payoff

The best possible payoff

The best average payoff

The least of the worst regrets

Maximin determines the worst payoff for each alternative; the operations manager chooses the best

worst alternative. Meaning the least (best) of the worst.

It is a pessimistic approach.

Ensures a guaranteed minimum.

Question No: 4 ( Marks: 1 ) - Please choose one

Which of the following is a technique that averages a number of recent actual values that are updated as new values become available?

Simple moving average

Delphi method

Trend adjusted forecast

Naïve forecast

The simple moving average model assumes an average is a good estimator of future behavior

Question No: 5 ( Marks: 1 ) - Please choose one

What would be the utilization, if 40 cars are produced in a day with a design capacity of 60 cars per day?

67%

20%

100%

150%

Solution: Utilization = Actual out put/ Designed capacity

= 40 / 60

= 67%

Question No: 6 ( Marks: 1 ) - Please choose one

Which one of the following stages of product life cycle relates to more predictable

behavior in terms of capacity requirements?

Introduction

Growth

Maturity

Decline

MATURITY PHASE: When the product reaches maturity stage its demand can only increase if design is refined or changed and some differentiation feature is added this may increase the demand but when it goes down

Question No: 7 ( Marks: 1 ) - Please choose one

Which one of the following perspectives is the most obvious to be considered while evaluating alternatives for future capacity?

Social

Political

Economic

Legal

Question No: 8 ( Marks: 1 ) - Please choose one

Which of the following refers the way an organization chooses to produce its good or services?

Process selection

Process reengineering

Process redesign

Process design

Process Selection refers to the way an organization chooses to produce its good or services. It takes into

account selection of technology, capacity planning, layout of facilities, and design of work systems.

Process selection is a natural extension after selection of new products and services.

Question No: 9 ( Marks: 1 ) - Please choose one

In which of the following layouts, work stations are arranged according to the general function they perform without regard to any particular product?

Product

Process

Fixed-position

Storage

The common Basic Layout Types are

1. Product/Service layout. A layout that uses standardized processing operations to achieve smooth, rapid, high-volume flow

2. Process layout. A Layout that can handle varied processing requirements

3. Fixed Position layout. A Layout in which the product or project remains stationary, and workers, materials, and equipment are moved as needed

4. Hybrid/Combination. A Layout that makes use of the combination of Product, Process or Fixed Position Layout.

Question No: 10 ( Marks: 1 ) - Please choose one

Which one of the following is a curve showing failure rate over time?

Cost curve

Bath tub curve

Fish bone diagram

Reliability curve

On the Y axis we represent the Failure rate and on the X axis we represent the Time. A careful look at the graph would help us to identify the three phases

Phase I near the origin is called Infant Mortality.

Phase II in the middle refers to few random failures.

Phase III at the far end from the origin represent failures due to wear out.

Question No: 11 ( Marks: 1 ) - Please choose one

MTBF refers to which of the following?

Measure time before failure

Mean time between failures

Mean time before failure

Measure test before failure

The fraction of time a piece of equipment is expected to be available for operation.

Mathematically, If we represent mean time between failures by MTBF and mean time to repair by

MTR then

Availability = (MTBF)/(MTBF + MTR)

Question No: 12 ( Marks: 1 ) - Please choose one

Which one of the following refers to a team having representatives from different Functional area of the organization?

Traditional work group

Self-directed team

Cross-functional team

Self motivated team

Question No: 13 ( Marks: 1 ) - Please choose one

The quality guru Kaoru Ishikawa is famous for:

Statistical quality control

Fishbone diagram

Zero defects

Cost of quality

The Quality Gurus are given more respect and recognized as Key Contributors to Quality Management. Presented below is their contributions in a nut shell, students should learn to recognize these

3. Joseph M. Juran is famous for his concept of "Quality is the fitness for use".

Question No: 14 ( Marks: 1 ) - Please choose one

Who proposed the concept of total quality control in the mid 1950s?

Armand Feigenbaum

G.S Radford

W. Shewhart

David Gravin

Ref: Armand Feigenbaum said, "Quality is a total field or total function".

Question No: 15 ( Marks: 1 ) - Please choose one

Which of the following word is the meaning of the term Poka Yoke ?

Mistake proof

Low quality

Defective

Expensive

Poka-Yoke: Poka Yoke (pronounced POH-kah YOH-kay) is the Japanese word for mistake proof. These devices/strategies/mechanisms/methods are used either to prevent the special causes that result in defects, or to inexpensively inspect each item that is produced to determine whether it is acceptable or defective.

Question No: 16 ( Marks: 1 ) - Please choose one

Suppose customers hold negative perception about service provided by XYZ organization. According to ; which of the following can be the reason for this negative perception?

Differences between Expected and Perceived Quality

Difference between service delivery and external communication with customers

Difference between customer s expectations and management s perception about their expectations

Difference between manager s expectations of service quality and specifications of service quality of customers

Question No: 17 ( Marks: 1 ) - Please choose one

Which of the following is NOT included in Juran's classification of costs of quality?

Failure cost

Prevention cost

Appraisal cost

Management cost

2. Appraisal Costs are the Costs of activities designed to ensure quality or uncover defects

Question No: 18 ( Marks: 1 ) - Please choose one

Problem solving is an axample of which of the following?

Internal failure cost

External failure cost

Prevention cost

Appraisal cost

Internal Failure Costs are the Costs incurred to fix problems that are detected before the product/service is delivered to the customer.

Question No: 19 ( Marks: 1 ) - Please choose one

Inspection equipment is an example of which of the following?

Internal failure cost

External failure cost

Prevention cost

Appraisal cost

Question No: 20 ( Marks: 1 ) - Please choose one

Quality improvement cost falls under which of the following categories of costs of

quality?

Internal failure cost

External failure cost

Prevention cost

Appraisal cost

Ref: Prevention Costs include all TQM training, TQM planning, customer assessment, process control, and quality improvement costs to prevent defects from occurring.

Question No: 21 ( Marks: 1 ) - Please choose one

ISO 9000 standards are based on:

Quality management and quality assurance

Quality management and costs of quality

Quality planning and quality assurance

Quality planning and quality control

Ref: ISO 9000: Is a set of international standards on quality management and quality assurance, critical to international business.

Question No: 22 ( Marks: 1 ) - Please choose one

Which of the following statement defines process analysis?

It is collecting information, identifying each step and finding inputs and outputs of process

It is collecting information about cost reduction and improving the defects

It relates to asking questions about process flow and identifying missing or

duplicating activities

It relates with taking a fresh approach to solve an issue on hand

Question No: 23 ( Marks: 1 ) - Please choose one

Which of the following refers to a control chart used to monitor the process dispersion?

Mean control chart

Range control chart

p-Chart

c-Chart

Control Charts for Variables

Mean control charts

Used to monitor the central tendency of a process.

X bar charts

Range control charts

Used to monitor the process dispersion

R charts

Question No: 24 ( Marks: 1 ) - Please choose one

Which of the following control charts is used to monitor the central tendency of a process?

Mean control chart

Range control chart

p-Chart

c-Chart

Control Charts for Variables

Mean control charts

Used to monitor the central tendency of a process.

Question No: 25 ( Marks: 1 ) - Please choose one

Which of the following refers to the average of accepted lots and rejected lots?

Acceptable Quality Level (AQL)

Lot Tolerance Percent Defective (LTPD)

Average Outgoing Quality (AOQ)

Average Outgoing Quality Limit (AOQL)

OC Curve Terms

On Fri, Jan 14, 2011 at 11:02 AM, mc080403830 Muhammad Tariq <mc080403830@vu.edu.pk> wrote:

1.MGT603 - Strategic Management
2.MGT613 - Production / Operations Management
3. MKT610 - Customer Relationship Management
4. MKT621 - Advertising & Promotion
5. MKT624 - Brand Management
6. STA630 - Research Methods
7.CS507 - Information Systems

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Thursday, January 13, 2011

Re: [discussion_vu] I required final term solved papers Please help me about this situation. thanks for every one.

vuZs

MGT613 Final Term Fall 2009 s4 Shared By ISHI Khan(R)

MGT613 Final Term Fall 2009 s4 Shared By ISHI Khan(R)

vuZs

MGT613 Final 2010 unsolved

MGT613 Final 2010 unsolved

vuZs

Fall2008 FinalTerm MGT613 s4 Solved By vuZs Team (R)

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