AIMA Assignments for Operations Management (OM01)

AIMA Second Semster Assignments

Operations Management (OM01)

Note : - The answers are boldly marked.

Question 1:- For which of the following operations would a fixed-position layout be most appropriate?

a)    assembly of an automobile                        
b)    production of TV sets                        
c)    construction of a ship                        
d)    refining of crude oil                        


Question 2:- The five elements in the management process are

a)    Plan, direct, update ,lead and supervise                    

b)    Accounting/finance, marketing, operations and management                    

c)    Organize ,plan ,control ,staff and manage                    

d)    Plan, Lead , Organize, Manage and Control                    



Question 3:- The responsibilities of the operations manager include

a)    Planning,Organizing ,Staffing ,Procuring and Reviewing                    

b)    Forecasting ,Designing ,Planning ,Organizing and Controlling                    

c)    Forecasting ,Designing, Operating ,procuring and reviewing                    

d)    Planning ,Organizing ,Staffing ,Leading and Controlling                    



Question 4:- Which of the following is not an element of the management process

a)    Pricing                    

b)    Staffing                    

c)    Planning                    

d)    Controlling                    



Question 5:- A good layout requires determining

a)    material handling requirements                    

b)    capacity and space requirements                    

c)    environment and aesthetics                    

d)    All of the above                    



Question 6:- An operations manager is not likely to be involved in

a)    The design of products and services to satisfy customers wants and needs                        
b)    The quality of products and services to satisfy customers wants and needs                        
c)    The identification of customers wants and needs                    

d)    Work scheduling to meet the due dates promised to customers                    



Question 7:- All of the following decisions fall within the scope of operations management except for

a)    Financial analysis                    

b)    Design of products and processes                    

c)    Location of facilities                    

d)    Quality management                    



Question 8:- Which of the following are the primary functions of all organizations

a)    Operations ,marketing and human resources                    

b)    Marketing, Human resource and Finance /Accounting                    

c)    Sales , Quality control, and operations                    

d)    Marketing ,Operations and Finance /Accounting                    



Question 9:- Current trends in operations management include all of the following except

a)    Just- in- time performance                    

b)    Rapid product development                    

c)    Mass customization                    

d)    Empowered employees                    



Question 10:- Productivity measurement is complicated by

a)    The competition's output                    

b)    The fact that precise units of measure are often unavailable                    

c)    Stable quality                    

d)    The workforce size                    



Question 11:- which of the following is true about business strategies?

a)    An organization should stick with its strategy for the life of the business.                        
b)    All firms within an industry will adopt the same strategy.                    

c)    Well defined missions make strategy development much easier.                    

d)    Strategies are formulated independently of SWOT analysis.                    



Question 12:- The fundamental purpose for the existence of any organization is described by its

a)    policies                    

b)    mission                    

c)    procedures                    

d)    strategy                    



Question 13:- Which of the following activities takes place once the mission has been developed?

a)    The firm develops alternative or back-up missions in case the original mission fails.                        
b)    The functional areas develop their functional area strategies.                    

c)    The functional areas develop their supporting missions.                    

d)    The ten OM decision areas are prioritized.                    



Question 14:- Which of the following statements about organizational missions is false?

a)    They reflect a company's purpose.                    

b)    They indicate what a company intends to contribute to society.                    

c)    They are formulated after strategies are known.                    

d)    They define a company's reason for existence.                    



Question 15:- The impact of strategies on the general direction and basic character of a company is

a)    short ranged                    

b)    medium range                    

c)    long range                    

d)    temporal                    



Question 16:- The fundamental purpose of an organization's mission statement is to

a)    create a good human relations climate in the organization                    

b)    define the organization's purpose in society                    

c)    define the operational structure of the organization                    

d)    generate good public relations for the organization                    



Question 17:- Forecasts

a)    become more accurate with longer time horizons                    

b)    are rarely perfect                    

c)    are more accurate for individual items than for groups of items                    

d)    all of the above                    



Question 18:- One purpose of short-range forecasts is to determine

a)    production planning                    

b)    inventory budgets                    

c)    research and development plans                    

d)    job assignments                    



Question 19:- Forecasts are usually classified by time horizon into three categories

a)    short-range, medium-range, and long-range                    

b)    finance/accounting, marketing, and operations                    

c)    strategic, tactical, and operational                    

d)    exponential smoothing, regression, and time series                    



Question 20:- A forecast with a time horizon of about 3 months to 3 years is typically called an

a)    long-range forecast                    

b)    medium-range forecast                    

c)    short-range forecast                    

d)    weather forecast                    



Question 21:- Forecasts used for new product planning, capital expenditures, facility location or expansion, and R &D typically utilize a

a)    short-range time horizon                    

b)    medium-range time horizon                    

c)    long-range time horizon                    

d)    naive method, because there is no data history                    



Question 22:- The three major types of forecasts used by business organizations are

a)    strategic, tactical, and operational                    

b)    economic, technological, and demand                    

c)    exponential smoothing, Delphi, and regression                    

d)    causal, time-series, and seasonal                    



Question 23:- A location decision for an appliance manufacturer would tend to have a(an)

a)    cost focus                    

b)    labor focus                    

c)    revenue focus                    

d)    environmental focus                    



Question 24:- The two general approaches to forecasting are

a)    qualitative and quantitative                    

b)    mathematical and statistical                    

c)    judgmental and qualitative                    

d)    historical and associative                    



Question 25:- Which of the following uses three types of participants: decision makers, staff personnel and respondents?

a)    executive opinions                    

b)    sales force composites                    

c)    the Delphi method                    

d)    consumer surveys                    



Question 26:- Which of the following is not a type of qualitative forecasting?

a)    executive opinions                    

b)    sales force composites                    

c)    consumer surveys                    

d)    moving average                    



Question 27:- In which stage of the product life cycle should product strategy focus on process modifications?

a)    introduction                    

b)    growth                    

c)    maturity                    

d)    decline                    



Question 28:- Which of the following would likely cause a change in market opportunities based upon levels of income and wealth?

a)    economic change                    

b)    technological change                    

c)    political change                    

d)    legal change                    



Question 29:- A product's life cycle is divided into four stages, which are

a)    introduction, growth, saturation, and maturity                    

b)    introduction, growth, stability, and decline                    

c)    introduction, maturity, saturation, and decline                    

d)    introduction, growth, maturity, and decline                    



Question 30:- Operations management is applicable

a)    Mostly to the service sector                    

b)    To services exclusively                    

c)    Mostly to the manufacturing sectors                    

d)    To manufacturing and service sectors