Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Operations Management & Strategic Management Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email Area Pin Code 1. What does "routing" in production planning involve? Assigning jobs to workers Determining the sequence of operations Estimating production costs Scheduling machine usage None 2. Which inventory type acts as a buffer against uncertainties? Work-in-progress inventory Safety stock Raw materials inventory Finished goods inventory None 3. What is the primary focus of ergonomics in operations management? Employee productivity Designing a safe and efficient workspace Reducing inventory levels Optimizing machine usage None 4. Which tool is used for visualizing a process to identify inefficiencies? Pareto chart Flowchart Ishikawa diagram Gantt chart None 5. Which of the following represents the relationship between inputs and outputs in productivity? Output/Input\text{Output/Input} Input - Output\text{Input - Output} Output/Input×100\text{Output/Input} \times 100 Input + Output\text{Input + Output} None 6. In production planning, "dispatching" refers to: Initiating production as per schedule Issuing orders for material procurement Monitoring production quality Planning workforce allocation None 7. Which of the following is a major component of strategic management? Budget Control Operational Planning Strategy Implementation Employee Training None 8. Which of the following inventory management techniques categorizes inventory based on its consumption value? ABC Analysis JIT EOQ Model MRP None 9. Which of the following is not an element of lean production? Reducing inventory levels Increasing production lead time Reducing waste Improving product quality None 10. Which of the following statements is true about "5S"? It stands for cost control methods It is a system for organizing and managing the workspace It is a strategy to increase lead time It refers to a software development methodology None 11. The main purpose of work-study is to: Increase employee morale Improve methods and productivity Provide employee training Enhance market competitiveness None 12. In operations, takt time is calculated as: Available time ÷ Customer demand Customer demand ÷ Available time Inventory ÷ Production time Production time ÷ Units produced None 13. What is a "lagging indicator" in performance measurement? A metric that predicts future trends A measure of past performance A short-term operational measure A measure of employee morale None 14. The purpose of strategic intent is to: Focus on short-term goals Set a clear vision for long-term direction Improve operational efficiency Achieve maximum profitability None 15. The mission statement of an organization defines its: Financial goals Core purpose and values Marketing strategies Expansion plans None 16. Which of the following is NOT a corporate strategy? Divestment Market segmentation Stability strategy Expansion strategy None 17. Which chart is used to monitor process variation over time? Gantt chart Histogram Control chart Pareto chart None 18. Which layout is best for high-variety, low-volume production? Product layout Process layout Fixed-position layout Hybrid layout None 19. In a fishbone diagram, which category would "operator error" fall under? Methods People Materials Machines None 20. What is the primary function of operations scheduling? Reduce inventory levels Optimize the use of resources and time Improve quality assurance Increase employee motivation None 21. The purpose of a vision statement is to: Describe future aspirations of the organization Set short-term financial objectives Define customer satisfaction strategies Focus on daily operations None 22. What does EOQ help minimize? Total inventory costs Employee turnover Project timelines Supplier lead times None 23. The EOQ model assumes: Demand is variable Demand is constant and known Lead time fluctuates Inventory costs are irrelevant None 24. The EOQ formula is used to determine: Economic cost Optimal order quantity Order frequency Production cost None 25. What does "setup time" refer to in production? Time taken to complete one unit Time to prepare equipment for production Total production time per shift Time for quality control checks None 26. Which scheduling technique is best for repetitive manufacturing? PERT Kanban Critical Path Method Backward scheduling None 27. In lean manufacturing, "Kaikaku" refers to: Continuous improvement Radical change Quality control Waste elimination None 28. Which of the following is a measure of production efficiency? Lead time Takt time Cycle time Throughput rate None 29. What is the primary purpose of inventory turnover analysis? Minimize lead times Optimize order quantity Evaluate inventory efficiency Predict future demand None 30. Which strategy focuses on maintaining current business operations without major changes? Stability strategy Retrenchment strategy Expansion strategy Growth strategy None 31. What is the focus of "mission" in strategic management? Long-term aspirations Core purpose and business goals Competitive analysis Financial projections None 32. Which term refers to offering a unique product or service in a competitive market? Differentiation Market penetration Diversification Cost leadership None 33. The BCG Matrix categorizes businesses based on: Market share and market growth Competitive strength and financial performance Industry risks and profitability Innovation and customer loyalty None 34. Which of the following is a corporate-level strategy? Product development Market segmentation Diversification Customer retention None 35. In Porter’s Five Forces model, the "threat of substitutes" refers to: Competitors copying products Buyers switching to alternative products Suppliers increasing prices Technological innovations None 36. The Ansoff Matrix includes all the following strategies EXCEPT: Market penetration Diversification Value chain analysis Product development None 37. A "star" in the BCG matrix typically requires: High investment Divestment Low market focus High operational efficiency None 38. Which of the following is a primary goal of retrenchment strategies? Increase workforce Focus on core business activities Expand market share Launch new products None 39. What is the primary focus of strategic alliances? Shared resources and mutual benefits Minimizing production costs Developing new marketing campaigns Increasing operational flexibility None 40. What is a Pareto chart used for? Scheduling project activities Identifying the most significant factors in a problem Comparing financial performance Analyzing supply chain bottlenecks None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!