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 critical path is the longest sequence of dependent project tasks, determining the shortest possible project completion time.

Question 2

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

Accepted Answer

Six Sigma

Answer

Six Sigma uses the DMAIC framework — Define, Measure, Analyze, Improve, Control — to systematically reduce process variation and defects.

Question 3

What is 'outsourcing' in operations management?

Accepted Answer

Contracting specific business functions or processes to external service providers

Answer

Outsourcing involves contracting non-core business functions (like IT, manufacturing, or customer service) to external providers to reduce costs or access expertise.

Question 4

What is the purpose of quality control in manufacturing?

Accepted Answer

To ensure products meet specified standards before reaching customers

Answer

Quality control uses inspection, testing, and process monitoring to ensure products meet defined quality standards before they reach customers.

Question 5

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

Accepted Answer

Economic Order Quantity (EOQ)

Answer

The Economic Order Quantity (EOQ) model calculates the ideal order size that minimizes the combined costs of ordering and holding inventory.

BBM - Business Management Degree Practice Test

BBM - Business Management Degree Practice Test

BBM Operations Management 2