Production Planning and Control - 5

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/False
Question
When shop floor scheduling problem larger than 3 machines arise the analytical solution procedures leading to optimality are complex and difficult.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Total lead time is the summation of following factors :-
Correct Answer
Queue and transit time , Manufacturing time , Order preparation time
Your Answer
Manufacturing time , Delay time , Queue and transit time

Select The Blank
Question
Labour efficiency depends upon ________
Correct Answer
Training and experience
Your Answer
Training and experience

Select The Blank
Question
The LOB technique is made more accurate and fast by using ________.
Correct Answer
Computers
Your Answer
Log-tables

Select The Blank
Question
Process plan is the process of establishing the ________ and most economical path that each part is to follow from raw material stage to finished product stage.
Correct Answer
Shortest
Your Answer
Optimum

Select The Blank
Question
________reflects impact of money tied up in inventory.
Correct Answer
Inventory turnover
Your Answer
Inventory turnover

Multiple Choice Multiple Answer
Question
The check list approach comprises of following parameters :-
Correct Answer
Each department head concerned with efficiency of PPC function is given a set of questions to be answered. , The department head has to answer in "Yes/no" format only , Each "Yes" answer gives one negative score
Your Answer
Each department head concerned with efficiency of PPC function is given a set of questions to be answered. , The department head has to answer in "Yes/no" format only , Each "Yes" answer gives one negative score

Multiple Choice Single Answer
Question
In ABC analysis, the classification is based on :-
Correct Answer
Cumulative cost
Your Answer
Carrying cost

Multiple Choice Single Answer
Question
Find EOQ in Rs from the following data :-Annual consumption = 20, 000 units, Ordering and receiving cost of material = Rs 20 per order, Annual carrying cost or storage cost = 10% of unit cost of material, Cost of material = Rs 50.
Correct Answer
20000
Your Answer
10000

Multiple Choice Single Answer
Question
Spares without which the system will not work are categorized as :-
Correct Answer
Vital
Your Answer
Vital

Match The Following
Question
Correct Answer
Your Answer
Order quantity
Factor influencing process planning
Factor influencing process planning
Machine capacity chart
Dimensional accuracy
Special purpose machines
Mass production
Special purpose machines
General purpose machines with special toolings
Standard elemental time data
Compare alternative processes
Break even analysis

True/False
Question
C type items would never be vital under VED analysis.
Correct Answer
False
Your Answer
False

True/False
Question
In replenishment system, the type of ordering is either according to "stock level" or "pre-fixed time scale".
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
At company's subsidiary stores /tool crib following tools are stored :-
Correct Answer
Consumable tools , Inspection fixtures , Instruments and gauges
Your Answer
Consumable tools , Inspection fixtures , Instruments and gauges

True/False
Question
Exponential smoothening is weighted average method.
Correct Answer
True
Your Answer
True

Select The Blank
Question
The administrative lead time e.g. time involved in processing the order, which may be in periodical review system including the period until next review is called ________ lead time.
Correct Answer
Internal
Your Answer
Cumulative

Select The Blank
Question
Heuristics methods involve drawing procedure diagram which indicates the ________ available for transferring tasks laterally from one column to another to arrive at most promising balance.
Correct Answer
Flexibility
Your Answer
Flexibility

Multiple Choice Single Answer
Question
The light engineering company has one special purpose facing & centering machine And one copying lathe. The foreman has five work orders for processing . The operation Sequence is fixed [ each job is first faced and centered and then copy turned ] . The standard Hours required for each machine to process each work order are shown in the following Table :- Work Order Processing Time [Hours ] Facing & centering machine Copying Lathe I 16 40 II 30 60 III 20 6 IV 15 16 V 25 12 find sequence to minimize requirements of machine hours.
Correct Answer
IV-I-II-V-III
Your Answer
II-III-IV-I-V

True/False
Question
In PERT, use of dummy activities is not much essential.
Correct Answer
False
Your Answer
True

True/False
Question
The make-or-buy decision is not taken only at starting of a factory but has to be reviewed continuously.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Only satisfied customers get in ________ from new customers.
Correct Answer
Business
Your Answer
Business

Multiple Choice Multiple Answer
Question
The following are salient features of the fixed order quantity system :-
Correct Answer
Reorder quantity is always the same which is usually economic order quantity , The time interval between deliveries varies. , Replenishment action is initiated when the stock on hand is just sufficient to meet demand during the lead time.
Your Answer
Reorder quantity is always the same which is usually economic order quantity , Replenishment action is initiated when the stock on hand is just sufficient to meet demand during the lead time. , Percent cumulative cost of item is taken into consideration.

Match The Following
Question
Correct Answer
Your Answer
Tool order
To instruct tool crib to keep tools ready
Instruct to issue tools
Move order
Movement of material from stores to first machine
Movement of material from stores to first machine
Stores issue order
Instruction to stores to issue material
Instruction to stores to issue material
Inspection order
Report inspection results
Report inspection results

Multiple Choice Single Answer
Question
Responsibility of smooth flow of work through different work centers or departments of company rests with :-
Correct Answer
Production control department
Your Answer
Production control department

Select The Blank
Question
________ is the sum of set up time and run time.
Correct Answer
Manufacturing time
Your Answer
Manufacturing time

Multiple Choice Single Answer
Question
Detachable ticket, after filling in required information is :-
Correct Answer
Placed in a tray/box
Your Answer
Given to progress section

Multiple Choice Multiple Answer
Question
Subsidiary orders include :-
Correct Answer
Material Order , Shop order , Inspection order
Your Answer
Material Order , Shop order , Inspection order

Multiple Choice Single Answer
Question
Long termed forecasts are for the period of :-
Correct Answer
5 to 10 years
Your Answer
One year

Multiple Choice Multiple Answer
Question
If actual demand far exceeds forecast, it will result into :-
Correct Answer
Better utilization of equipment , Project margin , Higher material purchase
Your Answer
Better utilization of equipment , Higher material purchase , Increase in labour productivity

Select The Blank
Question
Classification of items on basis of their capital lock up is called ________ analysis.
Correct Answer
XYZ
Your Answer
VED

Multiple Choice Single Answer
Question
Physical Count method of collecting information from manufacturing shops is applicable in following situation :-
Correct Answer
Workshops employing few machines
Your Answer
Workshops producing small parts in huge quantities

Multiple Choice Multiple Answer
Question
The expected time can be minimised by minimising following parameters :-
Correct Answer
Optimistic time , Pessimistic time , Most likely time
Your Answer
Pessimistic time , Lead time

Multiple Choice Single Answer
Question
In order to maintain precedence relationships, the most common approach is to make use of :-
Correct Answer
Precedence diagrams
Your Answer
Precedence diagrams

True/False
Question
There are five manufacturing systems. However, many manufacturers combines two or more systems to produce a final product.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
HML Analysis helps to :-
Correct Answer
Access storage & security requirements , Keep control over departmental head level , Determine frequency of stock verification
Your Answer
Access storage & security requirements , Determine frequency of stock verification , Controls carrying cost

Multiple Choice Single Answer
Question
The sourcing of vendors in case of 'B' type of items is :-
Correct Answer
Medium
Your Answer
Minimum

Select The Blank
Question
Production Planning and Control department acts as a link between company's sales and ________ department.
Correct Answer
Manufacturing
Your Answer
Manufacturing

Multiple Choice Multiple Answer
Question
Move orders, released for material movement from stores to first work center are used for following types of organizations :-
Correct Answer
Big steel plants , Power plants , Heavy machinery manufacturers
Your Answer
Big steel plants , Heavy machinery manufacturers , High volume white goods manufacturers

Multiple Choice Multiple Answer
Question
Smoothing performs following activities:-
Correct Answer
Reallocation of resources , Improving utilization of resources , Conducting Heuristic approach
Your Answer
Improving utilization of resources , Conducting Heuristic approach , Conducting Load flow analysis

Select The Blank
Question
________ phase of PPC makes sure that the programmed production is constantly maintained.
Correct Answer
Control
Your Answer
Control

Multiple Choice Multiple Answer
Question
Process Sheet contains following information :-
Correct Answer
Material Specification , Sequence of operation , Skill of Labour
Your Answer
Material Specification , Sequence of operation , Order Quantity

True/False
Question
The make-or-buy decision becomes necessary when the current source of supply is not able to supply the material in accordance with buyer's quality requirements.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Negative value of critical ratio :-
Correct Answer
Is meaningless
Your Answer
Indicates shortfall in scheduled delivery period

Multiple Choice Multiple Answer
Question
In linear programming method of line balancing, there are three types of constraints namely :-
Correct Answer
Cycle time constraint , Step or task constraint , Precedence constraints
Your Answer
Cycle time constraint , Step or task constraint , Precedence constraints

Multiple Choice Single Answer
Question
Let us suppose that activity M & N can not start until activity K & L are completed. Activities K &L are therefore :-
Correct Answer
Preceding
Your Answer
Preceding

True/False
Question
XYZ analysis helps to identify few items which account for large amount of money locked up in the stock and take steps for liquidation / reduction.
Correct Answer
True
Your Answer
False

True/False
Question
Overlapping of operations helps in compressing manufacturing time.
Correct Answer
True
Your Answer
False