my mgt613 quiz 1 by soban

8/7/2019 My Mgt613 Quiz 1 by Soban

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Muhammad Soban

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MC090410137 : Muhammad Soban Badar

Quiz Start Time: 10:51 PM

Time Left88

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Question # 1 of 15 ( Start time: 10:51:18 PM ) Total Marks: 1

Which one of the following statements relates to the final stage of product life cycle?

Select correct option:

Improved reliability, and reduced quality

Improved packaging, and reliability

Improved reliability, and reduced production costs

Improved reliability, and reduced promotion costs

http://groups.google.com.pk/group/vu-and-company?hl=en







Time Left75

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Which one of the following is NOT used for decision making under uncertainty?Select correct option:

Maximax

Mmaximin

Mminimax regret

EMV criterion



Time Left 89 sec(s)


Which of the following influences on the sales of a product is the most difficult to forecast?


Seasonal

Trend

Nonlinear trend



Cyclical



Time Left87

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“Business forecasting is only used for predicting demand”. This statement is


Totally right

Totally w rong

Partially right

None of the above



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Question # 5 of 15 ( Start time: 10:56:38 PM ) Total Marks: 1Operational strategies mostly function on two dimensions that are:


Quality management and Service/Manufacturing

Strategy

Quality and Operation Management



Service/Manufacturing Strategy and

Functional Management

Operation and Functional Management



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Which one of the following correctly represents a set of time series forecats?


Averaging, cycle, seasonality, random variations

Trend, seasonality, exponential smoothing

Trend, cycle, seasonality, moving average

Trend, cycle, seasonality, random variations



Time Left89

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The main constituents of the Quantitative methods of forecasting are?


Sales f orce composite



Panel of executive opinion

Consumer market survey

Exponential smoothing



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Which of the following provide guidance and directions for carrying out operations?


Tactics

Strategies

Policies

Mission



Time Left88

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Which method of forecasting is most widely used?




Regression analysis

Adaptive forecasting

Weighted moving average

Exponential smoothing



Time Left89

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Which one of the following is NOT the input in the transformation process?


Informations

Services

Facilities

Materials



Time Left86

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Which of the following ensures that the design meets the performance characteristics that are

specified in the product concept?


Functional design

Production design

Service design

Product design



Time Left86

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The ratio of the real value of output to the combined input of labor and capital is called:


Labor Productivity

Capital Productivity

Energy Productivity

Multifactor Productivity





Time Left89

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Which of the following forecasting technique is used when introducing new products,services, new features and new packaging?


Quantitative technique

Associative model

Focus group

Judgmental forecast



Time Left87

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Which one of the following is the most significant disadvantage of standardization?


Frozen designs

Interchangeable parts

Reduced variety



Customized parts



Time Left89

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When using exponential smoothing how the smoothing constant can be determined?


With the help of the accuracy of the previous forec

By using MAD (Mean Absolute deviation)

By choosing to maximize positive bias

By using random variations

To get the More entertain and

Study related e-mail

Kindly visit and Join the group.

VU And COMPANY. (http://groups.google.com.pk/group/vu-and-company?hl=en)

Muhammad Soban

0333-7637637



my mgt613 quiz 1 by soban

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