MCQ Questions
Q.1.
Efficiency is given by
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    actual output / effective capactiy
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    leading demand with one-step expansion
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    leading demand with a one-step expansion
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    expected monetary value
Q.2.
What does EMV stand for?
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    schedule long lead times
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    actual output / effective capactiy
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    break-even analysis
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    expected monetary value
Q.3.
An investment that generates a series of uniform and equal cash amounts is referred as
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    an annuity
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    net present value
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    contribution
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    break-even analysis
Q.4.
In manugacturing, excess capacity can be used to
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    net present value
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    contribution
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    do more setupsm shorten production runs, and drive down inventory costs
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    leading demand with one-step expansion
Q.5.
What is a means of determining the discounted value of a series of future cash receipts?
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    an annuity
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    net present value
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    break-even analysis
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    schedule long lead times
Q.6.
Which of the following is a requirement to be able to compute expected monetary value?
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    leading demand with a one-step expansion
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    net present value
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    schedule long lead times
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    the probability of each state of nature is known
Q.7.
The most aggressive and risky approach to capactity planning is
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    leading demand with a one-step expansion
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    leading demand with one-step expansion
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    break-even analysis
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    schedule long lead times
Q.8.
The difference between selling price and variable cost is called
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    an annuity
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    net present value
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    leading demand with one-step expansion
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    contribution
Q.9.
Which of the following is a possible option to employ when demand exceeds capacity?
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    break-even analysis
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    schedule long lead times
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    net present value
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    leading demand with a one-step expansion