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OM Quiz

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15 views31 pages

OM Quiz

Uploaded by

catapangmarkjohn921
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MULTIPLE CHOICE

Write the letter of the correct answer.


NO ERASURES. Erasures means
WRONG.
1. It is a forecasting decision variable
that refers to the length of time into the
future for which predictions are made.
A. Database
B. Methodology
C. Time-horizon
D. Forecasting demand
2. It is a qualitative forecasting method that
compares a current product to similar past
situations to predict future sales patterns.
A. Sales force composite
B. Delphi
C. Market survey
D. Historical analogy
3. It is an example of database use in
forecasting that includes industry reports,
expert opinions, and customer feedback.
A. Historical data
B. Market and economic data
C. Operational data
D. External qualitative data
4. It is a set of observations of a
variable at regular intervals over
time.
A. Delphi
B. Naive
C. Time Series
D. Moving Average
5. These are sporadic (unpredictable) effects due to
chance and unusual occurrences. They are the
residual after the trend, cyclical, and seasonal
variations are removed.
A. Random Component
B. Random Factors
C. Cyclical Factors
D. Seasonal
6. It is a time series that is divided
into Trend, Seasonal, Cyclical
Factors, and Random Components.
A. Decomposition Analysis
B. Time Series
C. Qualitative Method
D. Exponential Smoothing
7. It is the gradual long-term
directional movement in the data
(growth or decline).
A. Random component
B. Seasonal
C. Cyclical Factors
D. Trend
8. It is a statistical technique used to analyze and
predict trends by smoothing out fluctuations in data
over a set period. It removes extra “noise” from
data, making it easier to spot patterns and trends.
A. Least Squares
B. Hand Fitting
C. Moving Average
D. None of the above
9. Process of manually creating a line or curve on a graph
that best represents the trend of data points. This method is
used to visually summarize how something changes over
time, allowing managers to make predictions about future
values based on past data.
A. Moving Average
B. Least Squares
C. Hand Fitting
D. Seasonal Indexes
10. This line helps us understand trends in data over time,
like sales or production numbers, like sales or production
numbers, and is used to make future predictions. This
method works by drawing a line that gets as close as
possible to all the points.
A. Least Squares
B. Moving Average
C. Seasonal Indexes
D. None of the above
11. A number or data that show how much
demand or activity goes up or down during
certain times of the year.

A. Hand Fitting
B. Seasonal Indexes
C. Moving Average
D. Least Squares
12. Simple linear correlation coefficient r is a
number between _____ and _____ that tells
how well a linear equation describes two
variables.
A. -4 and +4
B. 0 and 1
C. -1 and +1
D. -0.1 and +0.1
13. It expresses the degree or
closeness of the relationship
between two variables
A. Regression
B. Correlation
C. Exponential Smoothing
D. Tracking Signal
14. ______ are one way of
monitoring how well a forecast is
predicting actual values.
A. Mean Absolute Deviation
B. Correlation
C. Tracking Signals
D. Control Charts
15. _____ are a second way of
monitoring forecast error

A. Tracking Signal
B. Mean Absolute Deviation
C. Control Charts
D. Correlation
16. It is primarily governed by
management decisions with respect
to quality and pricing policy.
a. Marketing Aspect
b. Product Analysis
c. Product Development and Design
d. Durability
17. What do you call the practice of
gathering information about the
needs and preferences of your
target audience?
a. Market Research c. Marketing aspect
b. Demand d. Economic
Analysis
18. Which of the following product characteristics
meets the requirement together with user
experiences that will make a product, space, or system
perform as it is expected by its user. An
example given is the washing machine.

a. Operational Aspect c. Aesthetic Aspect


b. Functional aspect d. Durability and
Dependability
19. This product characteristic
describes the capability of the
product to function when called
upon to do its job.
a. Dependability c. Operational Aspect
b. Durability d. Aesthetic Aspect
20. These are the following methods
an organization must try if the
organization seeks to increase its
profit, EXCEPT:
a. Increase the margin of profit per unit
b. Leave the total costs unchanged
c. Reduce the total production costs
d. Economic Analysis
21. What is the root of any
economic analysis of product design?

a. The Three S’s c. Product Design


b. Product Development d. Simplification
22. This analysis helps determine if
a product is commercially viable
and how to launch it successfully.

a. Profit-Volume Chart c. Break-even Analysis


b. Simplification d. Set pricing
23. This design can be viewed as an
interactive exercise. Which design is
it?

a. Product Design c. Research Design


b. Process Design d. Aesthetic
24. _____________ serves as an
input to process design.

a. Product Design c. Product Development


b. Product Planning d. Production
25. Under process design, this involves the choice
of machines to be included in the process. Which
of the process design under macro is best
described?

a. Operational method c. Work Flow Analysis


b. Work Station Selection d. Operational Content
26. The efficient execution of steps.
Process design under micro:

a. Work Flow Analysis c. Operational Method


b. Operational Content d. Work Station Selection
27. It is to modify the existing product’s or its
components design or have a new product designed in
such a way that the processes to manufacture the same
are easier, quicker, and/or less expensive.

a. Design for Manufacture (DFM) c. Design For Excellence (DFX)


b. Product effort d. Economic Analysis
28. One of the DFM Principles for
Assemblies which means design the
product in such a way that it
consists of very few parts.
a. Minimize the number of parts
b. Use Modules
c. Standardize Designs
d. Minimize number of operations is the assembly
29. Design for Excellence or DFX
means:
a. Standardize designs
b. Consists of methods, guidelines, and standards for
creating better quality products at the concept design
phase
c. Minimize number of operations is the assembly
d. Minimize the number of parts
30. The Japanese design emphasizes
two key areas in the Design for
Excellence (DFX), name only one.

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