Production and Operations Management-9 November 30, 2020December 28, 2020wefruProduction and Operations Management-9 Quiz Competitive Exams RBB,SSC,BBA Enterence exams Solving quiz you will prepare yourself.. 0 Created on November 29, 2020 By wefruProduction and Operations Management 9CHECK YOUR BROAD SKILLS 1 / 1081. What are the four stages of Simon's model of decision making? Intelligence, design, choice, implementation Intelligence, design, computation, implementation Information, design, choice, implementation Intelligence, data, choice, implementation 2 / 1082. Which of the following best describes 'formal information'? Produced by standard procedures. Passed by word of mouth Produced by standard procedures. Objective Objective. Passed by word of mouth Subjective. Based on estimates 3 / 1083. MRP stands for: Master Resources Production Management Reaction Planning Materials Requirements Planning Manufacturing Resource Planning 4 / 1084. A master production schedule contains information about Quantities and required delivery dates of final products Quantities and required delivery dates of all sub-assemblies Inventory on hand for each sub-assembly Inventory on hand for each final product 5 / 1085. Optimized production technology (OPT) is a computer-based technique and tool which helps to schedule production systems. Which of the following are not principles of OPT? Capacity is "king" Balance flow is what is required Process batch should be variable Bottlenecks govern throughput 6 / 1086. MPS stands for: Master Production Schedule Material Planning System Material Production Schedule Master Planning System 7 / 1087. A master production schedule contains information about Quantities and required delivery dates of final products Quantities and required delivery dates of all sub-assemblies Inventory on hand for each sub-assembly none 8 / 1088. Dependent demand and independent demand items differ in that For any product, all components are dependent-demand items The need for independent-demand items is forecasted The need for dependent-demand items is calculated All of the above are true 9 / 1089. A master production schedule specifies What product is to be made, and when The labor hours required for production What component is to be made, and when The financial resources required for production 10 / 1090. Closed Loop MRP means: Actual inventory is counted regularly and adjustment made to the inventory records Capacity and resource planning is included in the MRP logic Unused materials are returned to stores and recorded back into the system none Your score isThe average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz