The total cost of inventory can be obtained by
A. C ( 2 D ) + F ( Q D )
B. Q D C 0
C. 2 Q C i
D. 2 Q + D Q + Q D
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Activities which are undertaken before the final operation are termed . . . . . . . . activities.
A. Upstream
B. Primary
C. Secondary
D. Downstream
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. . . . . . . . has a profound impact on other's buying decisions.
A. Buyer
B. User
C. Decider
D. Influencer
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The necessary and sufficient condition for the existence of a feasible solution to the transportation problem is
A. number of rows should be equal to the number of columns
B. the total destination requirement equals the total origin capacity, i = 1 ∑ m a i = j = 1 ∑ n b j
C. the total destination requirement is not equal to the total origin capacity, i = 1 ∑ m a i = j = 1 ∑ n b j
D. the total destination requirement is more than the total origin capacity
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LDR technique deals with quadratic cost function for the organisation with cost components such as
A. Regular Payroll
B. Hiring and Layoff costs
C. Overtime Cost
D. All of the above
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Kilbridge and Wester Method of Balancing Assembly Line used for
A. Production Planning
B. Financial Planning
C. Manufactures Controlling
D. Sales Forecasting
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Purchased items are distinguished from manufactured items by
A. stock location code
B. product type code
C. item number
D. drawing number
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The manager of inventory would most likely be found in the
A. finance function
B. marketing function
C. manufacturing function
D. information system function
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If a coaching institute provides some supporting study material along with teaching, then which one of the following service mix category would it be?
A. Hybrid offering
B. Major service with accompanying minor goods and services
C. Tangible good with accompanying services
D. Pure service
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The main benefit to an operation of having multiple sourcing is . . . . . . . .?
A. Consistent quality
B. Speed of delivery
C. Continuity of supply
D. Flexibility of products
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Which of the following is/are factor(s) of product design stage?
A. Product characteristics
B. Economic Analysis
C. Profit and Competitiveness
D. All of the above
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Allocation Model includes
A. Linear Programmes
B. Non-Linear Programmes
C. Convex
D. All of the above
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Which of the following is incorrect about variety seeking buying behaviour of a consumer?
A. Consumers switch among different brands without much evaluation
B. The offering is evaluated while the product is consumed and used by the consumer
C. There is low involvement from consumers and there exists significant differences between brands
D. Quality becomes an important parameter to decide on the purchase
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A product line a graph of products that are closely related because they . . . . . . . . are
used together, are sold to the same customer graph, are distributed through the same type of outlets, or fall within a given price range some type of outlets, or fall within a given price range.
A. satisfy a class of needs
B. developed by the same product manager
C. all requires high level of R & D
D. all have the same brand equity
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The files required to maintain general ledger records include
A. inventory file
B. detail postings file
C. chart of accounts file
D. none of the above
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Which of the following is a not type of salesforce?
A. Territorial structure
B. Product structure
C. Market structure
D. Special task force
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Which is the first stage in the decision-making process?
A. Problem recognition
B. Information search
C. Evaluation of alternatives
D. Purchase decisions
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Which of the following is an individual who buys products or services for personal use and not for manufacture or resale?
A. Consumer
B. Customer
C. Client
D. Industrial Unit
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Given
Maximise Z = 60x + 50y
Subject to x + 2y = < 40
3x + 2y = < 60
x ≥ 0
y ≥ 0
The above problem is related with
A. Routing Model
B. Simulation Model
C. Linear Programme
D. Competition Mode
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Match the following
List-I (Steps in Work Measurement)
List-II (Purpose)
a. Select
1. Job
b. Record
2. Time
c. Examine
3. Ineffective Time
d. Define
4. Method
A. a-1, b-3, c-2, d-4
B. a-3, b-4, c-1, d-2
C. a-1, b-2, c-3, d-4
D. a-1, b-4, c-3, d-2
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