MGT 613 – Production and Operations Management

MGT 613 – Production and Operations ManagementMarks:10Quiz 01Spring Semester 2016Student ID/Login ID:Student Name:__________________________________________________________Please read the following instructions carefully before attemptingthe Quiz:?All instructions will be considered while marking. So, be careful while attempting thequiz.•Last date for submission of quiz 01 is 16/5/2016•You must attempt the quiz in the following shape/form:Q no.123Selected optionBAD•Make sure that you attempt the quiz as Word document (MS Word 2003or any other previous version) in the above mentioned tabular format.Otherwise, you will be marked zero.•Avoid choosing more than one options.•Make sure that you upload the solution before due date. No solution willbe accepted through E-mail after due date.•Cheating or copying of solution is strictly prohibited; No credit will be given to copiedmaterial.•Be very careful while uploading your solution file as you shall not be able to replace itonce uploaded.1Choose the best option and give answer according to theinstructions.1. Which of the following forecasting techniques generates trend forecasts?a.Delphi methodb.Moving averagesc.Single exponential smoothingd.Naïve forecast2. Which of the following smoothing constants would make an exponential smoothingforecast equivalent to a naive forecast?a.0b.0.01c.0.5d.1.03. The temperature on Tuesday was 80 degrees, on Wednesday it was 82 degrees, onThursday it was 78 degrees. A naive forecast for the temperature on Friday would be:a.78 degreesb.80 degreesc.82 degreesd.84 degrees4. A design that focuses on reducing the number of parts in a product and on assemblymethods and sequence is known as:a.Design for manufacturingb.Design for recyclingc.Design for assemblyd.Design for disassembly5. DFM stands for:a.Design for Maintenanceb.Design for Manufacturingc.Design for Managementd.Design for Manpower6. As the number of components in a series increases, the reliability of the system:a.Increasesb.Decreasesc.Remains the samed.Becomes zero_______page-2_______7. The purpose of ________ is to arrive at a consensus forecast.a.Naïve forecastb.Associative modelsc.Time series forecastd.Delphi method8. A system is composed of components A, B, C and D. The overall reliability of thesystem is a measure of the reliability of the individual components. Listed below are afew ways to improve reliability of the system:1.Improve component design2.Improve testing3.Use backup components4.Improve strategy formulation5.Quality assuranceWhich of the following combinations would be the best to improve reliability of thesystem?a.1,2, 5b.1, 2, 3c.1, 4, 5d.3, 4 ,59. As time horizon increases, forecast accuracy:a.Increasesb.Decreasesc.Levels offd.Becomes zero10. If demand of a product ‘A’ is 30 units, 45 units and 75 units in week 1, 2 and 3respectively, the demand for week 4 according to moving average method would be:a.105 unitsb.75 unitsc.40 unitsd.50 units