This document contains 31 multiple choice questions related to production planning and control. The questions cover topics such as the five M's, forecasting techniques like exponential smoothing, inventory management concepts like carrying costs, production systems like job shop and types of production. The correct answers are also provided to each question.
This document contains 31 multiple choice questions related to production planning and control. The questions cover topics such as the five M's, forecasting techniques like exponential smoothing, inventory management concepts like carrying costs, production systems like job shop and types of production. The correct answers are also provided to each question.
This document contains 31 multiple choice questions related to production planning and control. The questions cover topics such as the five M's, forecasting techniques like exponential smoothing, inventory management concepts like carrying costs, production systems like job shop and types of production. The correct answers are also provided to each question.
This document contains 31 multiple choice questions related to production planning and control. The questions cover topics such as the five M's, forecasting techniques like exponential smoothing, inventory management concepts like carrying costs, production systems like job shop and types of production. The correct answers are also provided to each question.
1. Which of the following is not a part of Five M’s?
a) Material b) Machine c) Motion d) Method 2. The interchangeability can be achieved by a) Standardization b) Better process planning c) Bonus plan d) Better product planning 3. Progress reporting and corrective action belongs to _______________ phase of PPC. a) Action phase b) Prior phase c) Planning phase d) Control phase 4. Steel, paper, paints, and chemicals are examples of products that use a) Mass production b) Continuous production c) Repetitive production d) Batch production 5. Correct sequence of operations in the Production Planning and Control process is ________. a) Routing – Scheduling – Follow up – Dispatching b) Scheduling – Follow up – Dispatching – Routing c) Routing – Scheduling – Dispatching – Follow up d) Dispatching – Routing – Scheduling – Follow up 6. Planning and Control function is crucial for ensuring cost savings and efficiency in a) Planning b) Controlling c) Promotion d) Production 7. Forecasting which assumes a static environment in the future is a) Passive forecasting b) Active forecasting c) Long term forecasting d) Short term forecasting 8. Given an actual demand of 60 for a period when forecast of 70 was anticipated and an alpha of 0.3, what would be forecast for next period be using simple exponential smoothing? a) 60 - 65 b) 66 c) 67 d) 69 9. The control activity in Production Planning and Control is performed ________ of the plan. a) Before execution b) After execution c) During execution d) None of the above
10. Production control within a company depends on _______.
a) Nature of production activities within the organisation b) Nature of the organisation c) Size of the organisation d) All of the above 11. Which of the below is not the system of flexible manufacturing system a) Fabrication b) Drilling c) Machining d) Assembly 12. Which of the below is not a popular production system? a) Continuous production b) Job order production c) Batch production d) Project production
13. Slope of production possibility cuve is _________
a) a straight line b) convex to the point of origin c) concave to the point of origin d) vertical line 14. BOM stands for ____________________ a) Bill of Manufacturing b) Bill of Materials c) Bill of Machines d) Bill of Money 15. In exponential smoothing forecasting to give more weightage to receive demand data exponential smoothing constant must be nearer to a) 1 b) 0.5 c) 0 d) – 1 16. ___________ Production system manufacturers one or few number of single designed product strictly according to customer’s specifications. a) Batch b) Mass c) Flow d) Job 17. __________ is not a time series method a) Least square method b) Method of moving averages c) Correlation Analysis d) Graphic method 18. In exponential smoothing method of forecasting the forecast for higher values of the smoothing constant. a) will be more sensitive to forecast of the previous period b) will be more sensitive to changing patterns in demands c) will not be affected by the forecast of the previous period d) will not be affected by the changing patterns in demands 19. For a simple moving average forecasting method, as the length of average period increase, the sensitivity of forecast a) increases but with lagging trend b) decrease but with lagging trend c) remains constant d) had predictable and adverse trend 20. Progress reporting and corrective action belongs to _______________ phase of PPC. a) Action phase b) Prior phase c) Planning phase d) Control phase 21. Planning phase in PPC includes, a) Process and Product Planning b) Prior and Active Planning c) Material and Men Planning d) None of the above Production 22. Which of the following is not an inventory? a) Machines b) Raw Materials c) Finished Products d) Consumable Tools 23. If N is the period of moving average the number of demand data to be stored for calculating the moving average for a period is the demand of last. a) (N + 1) Periods b) (N – 1 ) Periods c) ( N ) Periods d) (N + 2) Periods 24. The cost of insurance and taxes are included in a) Cost of ordering b) Inventor carrying cost c) Set up cost d) Cost of shortages 25. The time period between placing an order its receipt in stock is known as a) Lead Time b) Carrying Time c) Shortage Time d) Over Time 26. Which of the following is a technique used for forecasting? a) PERT/CPM b) Exponential smoothing c) Gantt chart d) Control chart 27. Costs incurred on placing and receiving a new shipment of inventories is ………. a) Total cost b) Carrying cost c) Ordering cost d) Storage cost 28. For sales forecasting , pooling of expert opinion is made use of in a) Statistical correlation b) Delphi technique c) Moving average method d) Exponential smoothing method 29. ABC analysis is based on a) Moore’s principle b) Monte Carlo’s principle c) Game theory d) Pareto’s principle 30. In exponential smoothing method of forecast the forecast for the next period is equal to a) Ft+1 = αDt + (1 + a ) Ft b) Ft+1 = αDt - (1 - a ) Ft c) Ft+1 = αDt + (1 - a ) - Ft d) Ft+1 = αDt + (1 - a ) Ft 31. Costs incurred on holding inventory in hand is ………. a) Storage cost b) Ordering cost c) Carrying cost d) Total cost 32. When the size of an organization increases, the functions under production control should ___________. a) Get more decentralised b) Get more centralised c) Stay the same d) None of the above
