ACC104_OBJ_Questions.txt

[MAX]78[/MAX] [QUESTIONS]

<1>____ is any process or procedure designed to transform a set of input elements into a specified set of output elements.

<2>_____ can be defined as all those activities which cover all the physical and mental efforts that satisfy human wants.

<3>Manufacturing is the same as production

<4>_____ is concerned with production of physical goods

<5>______ entails changing raw materials into finished goods by mechanical or chemical process

<6>_____ is engaged in creating utility

<7>Production process can be classified into _____ classes

<8>_____ is not a classification of production process

<9>There are _____ main categories in nature of the process in production

<10>Which of these is not part of nature of the process in production

<11>Which of these is not part of nature of the process in production

<12>Commercial fishing, mining of coal are examples of _____

<13>The process of changing the form or physical properties of basic raw materials is called _____

<14>Tanning hides to make leather and freezing foodstuffs are examples of _____

<15>_____ is the process of breaking down raw materials into components parts that may be used separately

<16>_____ involves the combining of two or more raw materials into one end product _____

<17>Soldering is an example of _____

<18>Timber is an example of _____

<19>_____ Process makes use of materials already manufactured by one of the processes of production and converts them into finished products.

<20>Automobile, airplane and television are examples of _____

<21>Time production processes are classified into _____

<22>_____ is also called continuous production

<23>_____ is the manufacturing of uniform products in large quantities

<24>The greatest advantage of mass production is _____

<25>The greatest disadvantage of mass production is _____

<26>_____ is the manufacturing of wide varieties of products in limited quantities.

<27>Production runs are shut down rather frequently and retooled to produce another product using the same facility in _____

<28>_____ Classification is characterized by the presence or absence of customer’s specifications for a particular product.

<29>The character of the product give rise to

<30>Custom production is also called _____

<31>Custom production requires ____ skilled workers

<32>Under character of the product classification, ____ production does not follow a particular customer’s specification

<33>____ Production requires a specific purpose equipment and a rigid combination of manpower and machines

<34>Under character of the product classification, ____ Production follows a
particular customer’s specification

<35>____ Production requires a general purpose equipment, able to do many varied operations, and a flexible combination of manpower and machines

<36>A typical business organization has ____ basic functions.

<37>Business organization has ____ as its basic functions

<38>Personnel, accounting, engineering, purchasing, public relations and distribution are examples of the supporting functions of a business organization

<39>____ is the term used to describe the difference between the cost of inputs and the value or price of outputs.

<40>Farming, warehousing, retailing, concerts, newspapers are under which types of production respectively.

<41>Sensing, serving and satisfying the needs and wants of potential customers of the organization is concerned with _____

<42>Production of tangible output is referred to as ____

<43>Manufacturing is ____ while service is ____

<44>Service involves a much more degree of customer contact than manufacturing

<45>Service operations are not subject to greater variability of inputs than
manufacturing operations.

<46>Many services involve a higher labour content than manufacturing

<47>____ is defined as the arrangement of the work space

<48>There are ____ basic types of layout in industries

<49>The types of layout include all except

<50>Product and process layout can also be called _____ respectively.

<51>There are ____ criteria for selecting and designing layout

<52>Workers effectiveness and material handling cost are the criteria for selecting and designing layout

<53>There are broadly _____ main forecasting technique

<54>Which is odd?

<55>The values of variable under the time series is a function of ____ basic components

<56>Trend, cyclical, seasonal and irregular are examples of ____ in time series

<57>____ is used in determining the cause and effect relationships existing among some variables.

<58>____ is the most applicable of all the forecasting techniques

<59>Given that y = a+bx, the dependent variable is

<60>Abiola enterprise sells calculator in Ibadan. The firm expects to sell
approximately 9600 calculators next year. Annual carrying cost of these calculators is N1600 per calculator per year and the ordering cost is N 7,500 per order. Determine the EOQ.

<61>Quality of products can be controlled by a means of ____

<62>____ involves comparing products to the standards

<63>There are ____ basic types of inspection

<64>When precise measurements are made of dimensions, weight on a continuous scale, the products are subjected to ____ inspection

<65>____ inspection is when limits are set within which the product is judged
acceptable or defective

<66>Which is true?

<67>Just-in-time inventory was initiated by the ____ organization

<68>Just-in-time inventory was initiated in the ____

<69>Benue cement company Plc. is located at

<70>____ is the ability of a person to influence others

<71>Responsibility can be delegated

<72>Responsibility is divided into ____ parts

<73>Operating and ultimate are types of ____

<74>Line, staff, functional are types of ____

<75>Another name for decentralization is delegated authority

<76>Talking about decentralization, there are ____ indices of the extent of control in the making of decisions

<77>It was the idea of ____ that no supervisor can supervise directly more than five subordinates or at most six workers.

<78>Demand for zobo is 900 units per month. Chris Godwin Enterprise incures a fixed order placement, transportation and receiving cost of N7,000 each time an order is placed. Each cycle costs N700 and a retailer has holding cost of 30%. Evaluate the number of zobo drinks that the store manager should order in each replenishment lot.

The EOQ is _____

[/QUESTIONS]

[OPTIONS]

<1>distribution
economics
production
mining

<2>distribution
economics
production
mining

<3>True
False
Undecided
None of the above

<4>manufacturing
farming
production
mining

<5>manufacturing
farming
production
mining

<6>manufacturing
farming
production
mining

<7>1
2
3
4

<8>nature of the process
behavior of the process
bases of time
character of the product

<9>2
3
4
5

<10>extraction
conditioning
hybridization
synthesis

<11>fabrication
salting
none
analysis

<12>extraction
conditioning
hybridization
synthesis

<13>extraction
conditioning
hybridization
synthesis

<14>extraction
conditioning
hybridization
synthesis

<15>fabrication
salting
none
analysis

<16>extraction
conditioning
hybridization
synthesis

<17>extraction
conditioning
hybridization
synthesis

<18>fabrication
salting
none
analysis

<19>fabrication
extraction
conditioning
analysis

<20>fabrication
extraction
conditioning
analysis

<21>1
2
3
4

<22>mass production
job shop
production
job chop production
none

<23>mass
production
job shop production
job chop production
none

<24>low cost
high cost
medium cost
no cost

<25>low cost
high cost
medium cost
risk of obsolescence

<26>mass production
job shop production
job chop production
none

<27>mass production
job shop production
job chop production
none

<28>bases of time
nature of the process
the character of the product
name of the product

<29>standard production
custom
production
A and B
none

<30>job shop production
job order
production
en mass production
monetary production

<31>more
less
none
all
of the above

<32>standard
custom
A and B
none

<33>none
custom
A and B
standard

<34>standard
custom
A and B
none

<35>standard
custom
A and B
none

<36>1
2
3
4

<37>finance
marketing
production
all of the above

<38>True
False
Undecided
None of the above

<39>value input
value method
value-added
value term

<40>storage, goods producing, exchange, entertainment and communication
goods producing, storage, exchange, entertainment and communication
goods producing, communication storage, exchange, and entertainment
None of the above

<41>finance
production
marketing
mining

<42>distribution
economics
production
manufacturing

<43>product-oriented, act-oriented,
act-oriented, product-oriention
act-oriention, product-oriented
act-oriention, product-oriention

<44>True
False
Undecided
None of the above

<45>True
False
Undecided
None of the above

<46>True
False
Undecided
None of the above

<47>animal layout
human layout
plat layout
plant layout

<48>1
2
3
4

<49>product layout
fixed material layout
process layout
firm material layout

<50>line,
functional
line, fictional
picture, line
none

<51>1
2
3
4

<52>True
False
Undecided
None of the above

<53>1
2
3
4

<54>judgment/ non statistical approach
time series models
econometric forecasting models
analytical forecasting series

<55>1
2
3
4

<56>value
trend
variation
none

<57>time series
non statistical model
econometric forecasting
model
none

<58>time series
non
statistical model
simple linear regression model
none

<59>a
y
b
x

<60>442
300
400
500

<61>inspection
statistical quantity control
acceptance sampling plan
all of the above

<62>control
inspection
selection
none

<63>1
2
3
4

<64>Variable
Attribute
None of the above
All of the above

<65>Variable
Attribute
None of the above
All of the above

<66>Re-order level = safety stock + usage rate * lead time
Re-order level = safety stock + usage rate - lead time
Re-order level = safety
stock - usage rate - lead time
none

<67>Nigeria
Korea
Japanese
American

<68>1990’s
1980’s
1970’s
1960’s

<69>Tse-Kwucha
Tse-Kucha
Tsen-Kucha
none

<70>Power
Authority
Strength
None of the above

<71>Yes
No
Maybe
Undecided

<72>1
2
3
4

<73>authority
power
responsibility
none

<74>authority
power
responsibility
none

<75>True
False
Undecided
None of the above

<76>1
2
3
4

<77>V.A Guardians
B.A Guardians
A.A Guardian
VC Guardian

<78>693 units
9004 units
849 Units
778 units

[/OPTIONS]

[ANSWERS]

<1>production

<2>production

<3>False

<4>manufacturing

<5>manufacturing

<6>manufacturing

<7>3

<8>behavior of the process

<9>5

<10>hybridization

<11>salting

<12>extraction

<13>conditioning

<14>conditioning

<15>analysis

<16>synthesis

<17>synthesis

<18>analysis

<19>fabrication

<20>fabrication

<21>2

<22>mass production

<23>mass
production

<24>low cost

<25>risk of obsolescence

<26>job shop production

<27>job shop production

<28>the character of the product

<29>A and B

<30>job order
production

<31>less

<32>standard

<33>standard

<34>custom

<35>custom

<36>3

<37>all of the above

<38>True

<39>value-added

<40>goods producing, storage, exchange, entertainment and communication

<41>marketing

<42>manufacturing

<43>product-oriented, act-oriented,

<44>True

<45>False

<46>True

<47>plant layout

<48>3

<49>firm material layout

<50>line,
functional

<51>2

<52>True

<53>3

<54>analytical forecasting series

<55>4

<56>value

<57>econometric forecasting
model

<58>simple linear regression model

<59>y

<60>300

<61>all of the above

<62>inspection

<63>2

<64>Variable

<65>Attribute

<66>Re-order level = safety stock + usage rate * lead time

<67>Japanese

<68>1970’s

<69>Tse-Kucha

<70>Power

<71>No

<72>2

<73>responsibility

<74>authority

<75>True

<76>3

<77>V.A Guardians

<78>849 Units

[/ANSWERS]