BBM Operations Management 2

Question 1

What is the 'critical path' in project management?

Accepted Answer

The longest sequence of dependent tasks that determines the minimum project duration

Answer

The most expensive sequence of project tasks

Answer

The sequence of tasks most likely to face delays

Answer

The path taken by the project manager during oversight visits

Question 2

Which process improvement methodology uses DMAIC (Define, Measure, Analyze, Improve, Control)?

Accepted Answer

Six Sigma

Answer

Lean Manufacturing

Answer

Total Quality Management

Answer

Agile

Question 3

What is 'outsourcing' in operations management?

Accepted Answer

Contracting specific business functions or processes to external service providers

Answer

Moving production overseas

Answer

Purchasing new equipment to replace labor

Answer

Selling excess inventory to competitors

Question 4

What is the purpose of quality control in manufacturing?

Accepted Answer

To ensure products meet specified standards before reaching customers

Answer

To increase production speed at any cost

Answer

To eliminate all production costs

Answer

To monitor employee attendance

Question 5

Which inventory model calculates the optimal order quantity to minimize total inventory costs?

Accepted Answer

Economic Order Quantity (EOQ)

Answer

FIFO Model

Answer

ABC Analysis

Answer

Safety Stock Model

Question 6

What does 'throughput' measure in operations?

Accepted Answer

The rate at which a system produces its final output over time

Answer

The quality of finished products

Answer

The total cost of production

Answer

The number of defects per production run