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Free download in PDF Material Management Multiple Choice Questions with Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams. These short solved questions or quizzes are provided by Gkseries.
61
In purchasing an item or service from a supplier, which factor is not included when specifications are being developed?
[A]
Quantity requirements
[B]
Price requirements
[C]
Delivery requirement
[D]
Functional requirement
Answer: Delivery requirement
62
Buying of the annual requirements of an item during its season.
[A]
Speculative Buying
[B]
Seasonal Buying
[C]
Hand to mouth buying
[D]
Tender Buying
Answer: Speculative Buying
63
Finance must keep investment and costs low. This can be done by___________
[A]
Decreasing the number of plants and warehouses
[B]
Producing small quantities
[C]
Increasing inventory so inventory investment is at a maximum
[D]
Using short production runs
Answer: Decreasing the number of plants and warehouses
64
It is possible to increase the available capacity by:
[A]
Limiting subcontracting
[B]
Using fewer workers
[C]
Rerouting away from other work centers
[D]
Scheduling overtime
Answer: Scheduling overtime
65
In the __________________ environment, many different end items are made from a small number of components.
[A]
make-to-order
[B]
make-to-stock
[C]
assembly-to-order
[D]
engineer-to-order
66
A _________ is used when companies usually make more than one product and the same components are often used in several products.
[A]
multiple bill
[B]
single-level bill
[C]
multilevel bill
[D]
None of the above
67
__________ are purchased items received that have not entered the production process. They include purchased materials, component parts, and sub-assemblies.
[A]
Work-in-process
[B]
MRO supplies
[C]
Finished goods
[D]
Raw materials
68
___________ include hand tools, spare parts, lubricants, and cleaning supplies.
[A]
MRO supplies
[B]
Raw materials
[C]
Work-in-process
[D]
Finished goods
69
__________ inventory is held to cover random unpredictable changes in supply and demand or lead time.
[A]
Fluctuation
[B]
Anticipation
[C]
Transportation
[D]
Lot-size
70
A(n) _____________ lists all the parts needed to make one complete assembly.
[A]
indented bill
[B]
multilevel bill
[C]
single-level bill
[D]
summarized parts list
Answer: summarized parts list
71
The Gregorian calendar:
[A]
Has an equal number of days per month
[B]
Works on a decimal base
[C]
Spreads holidays evenly throughout the year
[D]
Resource planning
Answer: Presents problems for manufacturing planning and control
72
The term _____________means that the work center is overloaded and the term ________________ means the work center is under loaded.
[A]
overcapacity, under capacity
[B]
undercapacity, overcapacity
[C]
utilization, under capacity
[D]
overcapacity, utilization
Answer: overcapacity, under capacity
73
______________is concerned with the production of high-volume standard products.
[A]
Intermittent manufacturing
[B]
Product manufacturing
[C]
Flow manufacturing
[D]
All of the above
Answer: Flow manufacturing
74
An example of project manufacturing is:
[A]
Large shipbuilding
[B]
Gasoline
[C]
Automobiles
[D]
Appliances
Answer: Large shipbuilding
75
The _________________ collects all of the relevant data on a work center.
[A]
item master file
[B]
product structure file (bill of material file)
[C]
work center master file
[D]
routing file
Answer: work center master file
76
_________ is the amount of time the job is waiting at a work center before an operation begins.
[A]
Setup time
[B]
Run time
[C]
Wait time
[D]
Queue time
77
A ________________ is a legal offer to purchase.
[A]
purchase order
[B]
quotation
[C]
receiving order
[D]
supplier's invoice
78
___________specifications and standard specifications are the two major sources of specifications or ways of describing a product.
[A]
Buyer
[B]
Marketing
[C]
Production
[D]
Functional
79
Trends:
[A]
Are level
[B]
Have no change from period to period
[C]
Can rise or fall
[D]
All of the above
80
Raw Materials and WIP can be classified under-
[A]
Direct Material
[B]
Indirect Material
[C]
Finished Material
[D]
Standard Parts
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