Which of the following is not correct for creative selling?
A. It is educating the public in an innovative way
B. In this, extensive information is provided to the customer for a favorable response
C. People start demanding new products
D. When a salesman is pitching on product's advantage in relation to substitutes
Select an option to see the answer and solution.
Match the following
List-I (Statement)
List-II (Authors)
a. Operational Research is the application of scientific method to the study of alternatives in a problem situation, with a view to provide a quantitative basis for arriving at an optimum solution in terms of the goals sought.
1. Acoff
b. Operational Research is a scientific method of providing executive departments with a quantitative basis for decisions under their control.
2. T. Satty
c. Operational Research application of scientific method, techniques and tools to problems involving the operations of systems so as to provide those in control of the operations with optimum solution to the problems.
3. Koontz and O'Donnell
d. Operational Research is the art of giving bad answers to the problems otherwise which has worst answer.
4. R. M. Morse and G. E. Kimball
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-4, b-1, c-3, d-2
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. . . . . . . . is a mathematical technique which is used to determine the optimal allocation of the limited resources, among the competitives activities provided all the relationships between or among the two or more available are linear-
A. PERT
B. Linear Programming
C. Game Theory
D. CPM
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Inventory is . . . . . . . .?
A. A raw material item used in an operation
B. An item stored for later use in an operation
C. An item in transit for later use in an operation
D. Any of the above
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Encryption is being used primarily with
A. file retention
B. transaction entry
C. computer processing
D. data communication
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Which of the following would not be normally considered as a key feature of Operations Management?
A. Operations is the area of a business where most people work
B. Most new technology is implemented in Operations areas
C. Operations researches mathematical techniques for optimising processes
D. Operations is the part of an organisation which creates wealth through the
management of the transformation process
Select an option to see the answer and solution.
Match the following
List-I (Ratios for the Measurement of the Effectiveness of Inventory Management)
List-II (Formula)
a. Spare Parts Index
1. No . of Time Requistioned No . of Time out of Stock
b. Compare progress with plans
2. Average Inventory at Cost Cost of Goods Sold
c. Out of Stock Index
3. C i 2 D C 0
d. EOQ
4. Value of Capital Equipment Value of Spare Parts Inventory
A. a-1, b-2, c-3, d-4
B. a-3, b-1, c-4, d-2
C. a-1, b-3, c-4, d-2
D. a-4, b-1, c-2, d-3
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What does CBBE stands for
A. Customer Branding Based Equity
B. Cluster Based Brand Equity
C. Consumer Based Brand Equity
D. Customer Based Brand Equity
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Which one of the following refers to 'attributes or benefits that consumers strongly associate with a brand, positively evaluate and believe they could not find to the same extent with a competitive brand'?
A. Points-of-attributes
B. Points-of-difference
C. Points-of-parity
D. Points-of-purchase
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Process layout is also known as
A. Plant location
B. Functional layout
C. Job layout
D. Production Cost
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Given
Group-I
Group-II
Group-III
Lathe
Grinding
Milling
Milling
Shaper
Lathe
Shaper
Milling
Grinding
The above table shows to the
A. Process layout
B. Group layout
C. Plant layout
D. Matrix layout
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How many components are present in the Aaker model?
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Match the following
List-I (Type of Control)
List-II (Application)
a. SOS Analysis
1. Lead Time
b. SDE Analysis
2. To develop vendors
c. HML Analysis
3. Agricultural Product
d. XYZ Analysis
4. Uses of Inventories
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
Select an option to see the answer and solution.
Given
The above chart is a
A. Flow Process Chart
B. String Diagram
C. Cyclegraphs
D. REL
Select an option to see the answer and solution.
Mixed-Integer Linear programming models solve problems dealing with
A. relatives and absolutes
B. routes and mixes
C. dispersions and similarities
D. rupees and percentages
Select an option to see the answer and solution.
"A customer in queuing sense in anything living or nonliving which requires any type of service." This statement is related with
A. Queueing Models
B. PERT
C. Game Theory
D. Inventory Control
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Which of the following model is the first field in the Nicosia model?
A. Firm's and customer's attributes
B. Search and evaluation
C. Act of purchase
D. Feedback of sales results
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Process layout included
A. Many types of emphasis on Special Orders
B. Relatively low volume of production of individual items
C. Minimum Inspection required during the sequence of operations
D. All of the above
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In crashing a CPM network, which of the following is true?
A. The first activity to be crashed is the highest expensive activity on the critical path
B. The last activity to be crashed is the least expensive activity on the critical path
C. When path with the lowest length can not be reduced further
D. None of the above
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The number at the intersection of key row and key column is called
A. Key Number
B. PERT
C. Spot
D. Cost
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