Operations Management

What is the primary goal of operations management?

Which of the following is NOT a key function of operations management?

Inventory management

Quality control

Human resources management

Marketing strategy

What is the purpose of capacity planning in operations management?

To ensure optimal utilization of resourcesOptimal resource utilization

Maximizing resource efficiency

Effective resource allocation

Resource optimization

Which of the following is an example of a qualitative forecasting method used in operations management?

Market research

Time series analysis

Regression analysis

Exponential smoothing

What is the purpose of a Gantt chart in project management?

To visualize project timelines

To allocate resources

To track progress

All of the above

Which of the following is NOT a key element of lean production?

Waste reduction

Continuous improvement

Just-in-time inventory

Mass production

What is the purpose of a Pareto chart in quality management?

To identify and prioritize problems

To track defect rates

Both the above

Which of the following is an example of a fixed cost in operations management?

Rent for a production facility

Direct labor costs

Raw material expenses

Shipping charges

What is the purpose of a control chart in statistical process control?

To monitor process stability

To detect and prevent defects

Both the above

What is the purpose of a work breakdown structure (WBS) in project management?

To break down project tasks into manageable components

To allocate resources

To track project costs

To create a project schedule

Which of the following is NOT a key principle of total quality management (TQM)?

Continuous improvement

Customer focus

Employee empowerment

Mass production

What is the purpose of a decision tree in operations management?

To analyze and evaluate alternative courses of action

To calculate process capability

To track defect rates

To visualize data distribution

Which of the following is an example of a variable cost in operations management?

Direct labor costs

Rent for a production facility

Raw material expenses

Shipping charges

What is the purpose of a fishbone diagram in quality management?

To identify root causes of problems

To visualize data distribution

To calculate process capability

What is the purpose of a critical path method (CPM) in project management?

To determine the shortest time to complete a project

To allocate resources

To track project costs

To create a project schedule

Operations Management

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