| A. | Stochastic variable |
| B. | Decision variable |
| C. | Algorithm |
| D. | Parameter |
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Option: D Explanation : Click on Discuss to view users comments. |
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List - I Operations Management Functions |
List - II Activities
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(a) Capacity planning
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(i) Setting policy guidelines and procedural details of making a watch |
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(b) Quality Management
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(ii) The steering of the cars loaded in trucks reaches the assembly line every morning and evening |
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(c) Process Design
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(iii) Establishing rules and policies of which tablets are to be accepted and others not to be |
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(d) Location and Layout of
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(iv) A hospital can largely serve 500 patients at any time facilities |
| A. | (iv) (iii) (i) (ii) |
| B. | (iv) (i) (ii;) (ii) |
| C. | (ii) (iii) (i) (iv) |
| D. | (ii) (i) (iii) (iv) |
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Option: A Explanation : Click on Discuss to view users comments. |
Car enters the drive-through of a fast food restaurant to place an order, and then it proceeds to pay for the food, and pick up the order. This is an example of :
| A. | a multiphase system |
| B. | a multichannel system |
| C. | a multiguaue system |
| D. | a multiphase and multichannel system |
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Option: A Explanation : Click on Discuss to view users comments. |
A manufacturer is considering five alternative locations for setting up its factory. Using the information given in the table obtain a ranking and tell the best location for setting the factory?
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Factors |
Relative Weight |
Location 1 |
Location 2 |
Location 3 |
Location 4 |
Location 5 |
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Availability of Infrastructure |
0.28 |
20 |
40 |
55 |
35 |
60 |
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Size of Market |
0.18 |
30 |
30 |
80 |
60 |
40 |
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Industrial Relation Climate |
0.15 |
80 |
30 |
50 |
60 |
50 |
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Tax Benefits |
0.09 |
80 |
20 |
20 |
20 |
10 |
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Availability of cheep labor |
0.09 |
70 |
70 |
50 |
50 |
45 |
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Nearness to port |
0.20 |
20 |
40 |
60 |
50 |
90 |
| A. | Location 2 |
| B. | Location 3 |
| C. | Location 4 |
| D. | Location 1 and Location 5 |
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Option: B Explanation : Click on Discuss to view users comments. |
If the project completion time is normally distributed and the due date for the project is greater than the expected completion time, then the probability that the project will be finished by the due date is:
| A. | undeterminable without more information |
| B. | less than 0.50 |
| C. | equal to 0.50 |
| D. | greater than 0.50 |
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Option: D Explanation : Click on Discuss to view users comments. |
