Paper 9: OPERATIONS MANAGEMENT AND STRATEGIC MANAGEMENT (True/False)
1.       The term "aesthetics" which appeals to the human sense does not add value to the product. False
2.       Operations management in an organisation is not responsible for producing goods and/or services. False
3.       The concept of product failure is applicable only for existing products and not for new products. False
4.       Most suitable layout for continuous production is Matrix Layout. False
5.       Addition of value to raw materials through application of technology is production. True
6.       Job-shop process is used when a very highly standardized product is desired in high volumes. False

7.       The productivity is a measure of how much input is required to achieve a given output. True
8.       Breakdown maintenance doesn’t require use of standby machines. False
9.       The primary concern of production planning and control is the delivery of products to customers or to inventory stocks according to some predetermined schedule. True
10.   Preventive maintenance ensures greater safety to workers. True
11.   Short-term forecasting is useful to serve the purpose of estimating the inventory requirement. True
12.   A work stoppage generally reduces the cost of production. False
13.   Depending on the need, the maintenance activity may be centralized or decentralized. True
14.   Piece wage system is a substitute for proper supervision. False
15.   One of the limitations of Gantt Chart is that it does not clearly indicate the details regarding progress of activities. True
16.   Capacity refers to the minimum load an operating unit can handle. False
17.   Job Evaluation is a systematic approach to ascertain the labour worth of a job. True
18.   Load control is typically found wherever a particular bottleneck machine does not exist in the process of manufacturing. False
19.   Simulation models are useful for determining optimal solutions. False
20.   The most common financial ratio for measuring productivity is Added Value/ Labour Costs. True
21.   A good product design does not ensure maintainability. False
22.   Wear and obsolescence are two main causes for replacement of machinery in every aspect of life. True
23.   Customer service is a key objective of operations management. True
24.   In general short term forecasting will be more useful in production planning. True
25.   If the total float value is zero, it means the resources are just sufficient to complete the activity without any delay. True
26.   The life cycle of a product has many points of similarity with the human life cycle. True
27.   The Linear Programming problem has two basic parts: the objective function and the constraint set. True
28.   The most widely used index of productivity is to work out the output per machine-hour. False
29.   PERT is designed for repetitive projects, whereas CPM is suitable for non-repetitive projects. False
30.   One of the important steps in forecasting is gathering information to be used in forecasting both from primary and secondary sources. True
31.   Merit Rating is used to determine the cost of a product. False
32.   Project costs increase as the duration of the project increases. True
33.   In carrying out Job Evaluation studies, point system is the best method. True
34.   Production planning and control is essentially concerned with the control of Finished goods. False
35.   A Productivity Index is a device of expressing the ratio between outputs and the inputs of the resources numerically. True
36.   If the total float value is zero, it means the resources are just sufficient to complete the activity without delay. True

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