Match the following
List-I (Items) List-II (Element)
a. Outsourcing
1. Cost Reduction
b. Process Selection
2. Cheap Product
c. Make decision
3. Lower Cost of Production
d. Buy decision
4. Layout
A. a-1, b-2, c-3, d-4
B. a-3, b-4, c-1, d-2
C. a-3, b-1, c-2, d-4
D. a-1, b-4, c-3, d-2
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Personal influence is most important at the stage of the consumer adoption process.
A. adoption
B. awareness
C. evaluation
D. trial
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Which of the following is/are reasons for outsourcing?
A. Cost Reduction
B. Down Sizing
C. Right Sizing
D. All of these
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Which of the following combination is/are correct?
List-I (Type of Control) List-II (Features)
a. GOLF Analysis
1. Government, Open Market, Local and Foreign Source
b. SOS Analysis
2. Seasonal Off Seasonal
c. SDE Analysis
3. Scarce, Difficult to procedure and easy to procure
d. ABC Analysis
4. Always Better Control
A. a-1, b-2, c-3, d-4
B. a-3, b-4, c-2, d-1
C. a-3, b-1, c-2, d-4
D. a-1, b-4, c-3, d-2
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Average inventory level is reduced by
A. decreasing the vendor lead time
B. increasing the usage rate
C. decreasing the order quantity
D. lowering the reorder point
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Quality is/are
A. Grade
B. Degree of Performance
C. Degree of Excellence
D. All of the above
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Given
The above diagram shows
A. Line of Balance
B. Break Even Point
C. Productivity
D. Quality Circle
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Transportation Problems includes
A. North West Corner Rule
B. Vogel's Approximation Method
C. Degenerate Solution
D. All of the above
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Given below are two statements, one labelled as Assertion (A) an d the other labelled as Reason (R) . Read the statements and choose the correct answer.Assertion (A) The marketing costs of reaching loyal consumers are much lower because the firm does not have to spend money on advertising and promotion campaigns to attract these customers.Reason (R) A high level of brand loyalty does not insulate the firm from competition.
A. Both (A) and (R) are correct and (R) is the correct explanation of (A)
B. Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C. (A) is correct, but (R) is incorrect
D. Both (A) and (R) are incorrect
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A periodic report can be used to
A. Identify the problem
B. Evaluate solution
C. Select solution
D. Identify solution
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Partially processed or finished goods which are sent between factories over large distances is called . . . . . . . . inventory.
A. Pipeline
B. Cycle
C. Finished Goods
D. Work in process
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ALDEP stand for
A. Automated Layout Design Programs
B. All Layout Design Programs
C. All Layout Distribution Product
D. All Location Design Product
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Which of the following is not a physical factor that can influence the choice of location for an operation?
A. Nature of the communication links
B. Access to customers
C. Access to raw materials
D. Provision of water supply
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Process decision must be made when
A. A new product is being offered
B. Quality must be improved
C. Competitive Priorities have changed
D. All of the above
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Which of the following factors includes age, occupation, economic circumstances, lifestyle and personality?
A. Cultural
B. Social
C. Personal
D. Psychological
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Linear Programming includes
A. Optimal Solution
B. Feasible Solution
C. Linear Relationship
D. All of the above
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News Boy Problem is related to
A. queueing problem
B. inventory problem
C. replacement problem
D. linear programming problem
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Which of the following is the correct cycle for the implementation of a Six Sigma quality improvement programme?
A. Design, Monitor, Analyse, Control, Improve
B. Define, Measure, Analyse, Improve, Contro
C. Design, Measure, Control, Improve, Analyse
D. Define, Measure, Improve, Analyse, Control
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Sensitivity Analysis may be used in
A. Linear Programming
B. Transportation Model
C. PERT
D. CPM
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Which of the following is incorrect about logistics?
A. They are helpful in increasing responsiveness or efficiency of the supply chain
B. Supply chain is a sub-component and extension of logistics
C. It is effective in forward and reverse flow and storage of goods
D. It includes services and reiated information between the point of origin and the point of consumption in order to meet customers'requirements
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