Friday, July 5, 2013

Operations Management - 3

LIST OF ATTEMPTED QUESTIONS AND ANSWERS



Multiple Choice Single Answer
Question 
This Question refers to the case of 'Northern Machinery Limited' : The V.P. asked Material Manager to prepare short report to be presented to board of directors about :-
Correct Answer 
Buying policies
Your Answer 
Buying policies

Multiple Choice Multiple Answer
Question 
This Question refers to the case of 'Northern Machinery Limited' : As per Materials Manager basis of awarding contract is :-
Correct Answer 
Justified in each case , All Purchase orders above Rs. 10,000/- are counter signed by him , All Purchase orders above Rs. 50,000/- are signed by V.P.
Your Answer 
Justified in each case , All Purchase orders above Rs. 10,000/- are counter signed by him , All Purchase orders above Rs. 50,000/- are signed by V.P.

True/False
Question 
This Question refers to the case of 'K.T Gears' : The activities performed by the operator are listed on the practitioner's data sheet.
Correct Answer 
True
Your Answer 
True

Multiple Choice Single Answer
Question 
This Question refers to the case of 'Divgi Metalwares Private Limited' : The company is manned by :-
Correct Answer 
Professional managers
Your Answer 
Professional managers

Multiple Choice Multiple Answer
Question 
This Question refers to the case of 'The Irate Vendor' : The old supplier :-
Correct Answer 
Has been supplying for over 30 years , Does not understand why he has been cut off , Does not understand why no chance has been given to him to discuss his bid
Your Answer 
Has been supplying for over 30 years , Does not understand why he has been cut off , Does not understand why no chance has been given to him to discuss his bid

Multiple Choice Multiple Answer
Question 
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : While making Make or Buy decisions, Buy indicator includes following costs :-
Correct Answer 
Raw material cost , Purchase cost , Fixed overhead cost
Your Answer 
Raw material cost , Purchase cost

Multiple Choice Multiple Answer
Question 
This Question refers to the case of 'Divgi Metalwares Private Limited' : As per the Activity description given in the table, Preparation of operational layout activity affects following activities :-
Correct Answer 
Design and draft hobbing fixture , Procure plug gauge , Procure ring gauge
Your Answer 
Design and draft hobbing fixture , Procure plug gauge , Procure ring gauge

True/False
Question 
This question refers to case on 'Morbay Engineering Works (MEW)' : "It is difficult to install an incentive scheme and easy to withdraw when desired."
Correct Answer 
False
Your Answer 
False

Match The Following
Question
Correct Answer
Your Answer
Activity in CPM
Arrow
Circle
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Critical Path
Project duration
Project duration
CPM/PERT
Project planning/ scheduling technique
Project planning/ scheduling technique
Cost overrun
Delays in project
Delays in project

True/False
Question 
This question refers to case on 'Morbay Engineering Works (MEW)' : Work sampling and production studies can be used to test viability of the performance standards.
Correct Answer 
True
Your Answer 
True

True/False
Question 
This Question refers to the case of 'Eagle Machine Company' : The company buys a variety of material, ranging from a few ponds of rare metals to sizable quantities of sheet metal.
Correct Answer 
True
Your Answer 
True

Multiple Choice Single Answer
Question 
This Question refers to the case 'Quality Gauges Pvt. Ltd.' : The scheme shall apply to :-
Correct Answer 
Each and every employee
Your Answer 
Each and every employee

Multiple Choice Multiple Answer
Question 
This question refers to case on 'Morbay Engineering Works (MEW)' : An incentive plan can be considered as a tool for following:-
Correct Answer 
Increase productivity , Create more capacity , Reduce manufacturing costs
Your Answer 
Increase productivity , Create more capacity , Reduce manufacturing costs

Select The Blank
Question 
This Question refers to the case of 'Kerson Automobiles' : Battery charger placed on one end of table creates ________.
Correct Answer 
Nuisance
Your Answer 
Nuisance

Multiple Choice Multiple Answer
Question 
This Question refers to the case of 'The Irate Vendor' : The President's memorandum says :-
Correct Answer 
We have treated this supplier unfairly , He would like to see if his complaint is justified , The Vendor's letter suggests that we do not have a policy on evaluating our vendors
Your Answer 
We have treated this supplier unfairly , He would like to see if his complaint is justified , The Vendor's letter suggests that we do not have a policy on evaluating our vendors

Select The Blank
Question 
This Question refers to the case 'Suyog Udyog' : Number of work stations are to be decided based on assumption that monthly off take is ________ numbers.
Correct Answer 
8000
Your Answer 
8000

Select The Blank
Question 
This Question refers to the case of 'Universal Fasteners Ltd.' : Personnel Officer Mr. Sinha informed Mr. Kaul that Employee ________ is very high.
Correct Answer 
Turnover
Your Answer 
Turnover

Select The Blank
Question 
This question refers to case on 'Morbay Engineering Works (MEW)' : In Scanlon Plan all employees receive guaranteed ________ wages.
Correct Answer 
Time
Your Answer 
Time

Select The Blank
Question 
This question refers to 'Automotive Gears Private Limited' : The case study requires calculation of set up ________ for the job.
Correct Answer 
Cost
Your Answer 
Cost

Multiple Choice Multiple Answer
Question 
This question refer to the case on "Allied Industries Pvt Ltd" : Variable cost consists of the following :-
Correct Answer 
Cost of a pair thread roll , Regrinding charges on thread roll , Power cost
Your Answer 
Cost of a pair thread roll , Regrinding charges on thread roll , Power cost

True/False
Question 
This Question refers to the case 'Quality Gauges Pvt. Ltd.' : The executives were entitled for incentive bonus.
Correct Answer 
True
Your Answer 
True

Select The Blank
Question 
This Question refers to the case 'Indus Foundries Ltd.' : Projected turnover in the first year itself is over ________ crore rupees.
Correct Answer 
20
Your Answer 
20

Select The Blank
Question 
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : In order to save time in construction the management purchased a ________.
Correct Answer 
Factory-building
Your Answer 
Factory-building

Multiple Choice Single Answer
Question 
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : One of the following is not a variable overhead:-
Correct Answer 
Space
Your Answer 
Cutting oil

True/False
Question 
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : It is economical to continue subcontracting the machining of Exhaust Manifold to vendors.
Correct Answer 
False
Your Answer 
False

Select The Blank
Question 
This Question refers to the case of 'Classic Engineering Components Ltd.' : Mr. Sen observed that the Machine Shop was looking ________.
Correct Answer 
Congested
Your Answer 
Congested

Multiple Choice Multiple Answer
Question 
This Question refers to the case of 'Artwood Products' : The cost of manufacturing has increased due to :-
Correct Answer 
Blockage of funds in inventory , Longer manufacturing cycle time , Poor quality of products
Your Answer 
Blockage of funds in inventory , Longer manufacturing cycle time , Poor quality of products

Multiple Choice Multiple Answer
Question 
This Question refers to the case of 'The Geer Company' : Problems got created due to :-
Correct Answer 
Added work load in purchasing , Divided buying responsibilities , Number of inexperienced buyers
Your Answer 
Added work load in purchasing , Divided buying responsibilities , Number of inexperienced buyers

Multiple Choice Single Answer
Question 
This Question refers to the case of 'Universal Fasteners Ltd.' : During the meeting with G.M (Mr. Kaul) Store Keeper Mr. Bapat informed that purchases were made from :-
Correct Answer 
Several sources
Your Answer 
Several sources

Multiple Choice Single Answer
Question 
This Question refers to the case 'Quality Gauges Pvt. Ltd.' : With the introduction of the scheme :-
Correct Answer 
The sales picked up
Your Answer 
The sales picked up

Multiple Choice Single Answer
Question 
This Question refers to the case of 'Northern Machinery Limited' : The V.P. informed the Material Manager that the anonymous letter was received by :-
Correct Answer 
M.D.
Your Answer 
M.D., with copy to all the directors

Multiple Choice Single Answer
Question 
This Question refers to the case of Narmada Electricals Ltd.: In the existing method, the scarp generated in processes like machining was stored in :-
Correct Answer 
Scrap yard
Your Answer 
Scrap yard

Multiple Choice Single Answer
Question 
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : This case is on make-buy decision for an item. Name of that item is one of the below :-
Correct Answer 
Exhaust Manifold
Your Answer 
Exhaust Manifold

True/False
Question 
This question refers to the case of 'Northern Machinery Ltd' : The company's suppliers are of all sizes and scattered across the country.
Correct Answer 
True
Your Answer 
True

Select The Blank
Question 
This Question refers to the case of 'Hansa Tractomotive Ltd.' : Enroute to Delhi, the truck collided with an incoming ________.
Correct Answer 
Tractor Trailer
Your Answer 
Tractor Trailer

Multiple Choice Multiple Answer
Question 
This Question refers to the case of 'Classic Engineering Components Ltd.' : The company supplies components to :-
Correct Answer 
Automobile industries , Printing machines , Machine tool & process equipment industries
Your Answer 
Automobile industries , Printing machines , Machine tool & process equipment industries

Multiple Choice Multiple Answer
Question 
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Following are the activities involved in employee selection for WIPL :-
Correct Answer 
Release of advertisement , Finalize job profile , Selecting candidates
Your Answer 
Release of advertisement , Selecting candidates

Multiple Choice Single Answer
Question 
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Use of Network Techniques beside computing project duration also helps in the following :-
Correct Answer 
Possibilities of reducing project duration
Your Answer 
Possibilities of reducing project duration

Multiple Choice Single Answer
Question 
This Question refers to the case of 'Kerson Automobiles' :The option of shifting the workshop to another location at the outskirts of the city was shelved because :-
Correct Answer 
Company was likely to lose business of spare parts and service of old cars
Your Answer 
Company was likely to lose business of spare parts and service of old cars

Select The Blank
Question 
This question refers to case on 'Morbay Engineering Works (MEW)' : Incentive scheme should not be regarded as a substitute for ________ wage structure.
Correct Answer 
Poor
Your Answer 
Poor

Multiple Choice Single Answer
Question 
The question refer to the case on 'Kalpak Engineers' : This case is concerned with following element of production planning:-
Correct Answer 
Routing
Your Answer 
Routing

Match The Following
Question
Correct Answer
Your Answer
Machine shop congested with semi-processed material kept in the bins and components lying on the floors all around.
Shortage of space
Shortage of space
This Question refers to the case of 'Classic Engineering Components Ltd.' : Measuring instruments like vernier calipers, micrometers or gauges
Shared by operators
Shared by operators
Unispected lots
Processed
Processed
Responsibility of oiling /greasing
Maintenance department
Maintenance department

Multiple Choice Single Answer
Question 
This Question refers to the case of 'Artwood Products' : As per study conducted by Mr. Tahil, it was observed that Artwood's profitability has :-
Correct Answer 
Eroded
Your Answer 
Eroded

Select The Blank
Question 
This Question refers to the case of 'The Geer Company' : The company decided to engage a consulting firm to aid in re-organizing the ________ operation.
Correct Answer 
Purchasing
Your Answer 
Purchasing

Multiple Choice Multiple Answer
Question 
This Question refers to the case of 'Kerson Automobiles' : As per consultants, problems are due to following reasons :-
Correct Answer 
Material flow (Cars) is not smooth , A major chunk of productive time is lost in obtaining replacement of spares from stores. , Too often, helpers are found busy in transferring parts from work table to a hand trolley.
Your Answer 
Material flow (Cars) is not smooth , A major chunk of productive time is lost in obtaining replacement of spares from stores. , Too often, helpers are found busy in transferring parts from work table to a hand trolley.

True/False
Question 
This Question refers to the case of 'The Gujrat Engineering company Limited' : The company received an order and finally authorized completion of the forging and placed it in stock.
Correct Answer 
False
Your Answer 
True

True/False
Question 
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : As extra capacity can be generated by starting an additional shift, hence fixed overheads are sizable.
Correct Answer 
False
Your Answer 
False


This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : If the Exhaust Manifold is to be manufactured in house, following are the requirements:-
a)
b)
c)
d)
New jigs and fixtures
Additional shift
Additional manpower
Additional machinery
41.
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Project duration can always be reduced by deploying additional recourses.
True
False

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