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Question 1

Which of the following are examples of Linear Planning (LP) solvers? Select ALL that apply

Options :

A : Excel

B : Lindo

C : MATLAB

D : CPLEX

E : LPX

Answer: A,B,C,D

Question 2

When designing a supply network, which of the following stages should be completed first?

Options :

A :

analyse potential risks

B : confirm the network scope

C : determine the approach for managing material flow

D : track information flow

Answer: B

Question 3

XYZ Ltd is a retail organisation that sells many different hair care products. The marketing team are looking at sales figures from the past year and are trying to decide which products should receive extra marketing in order to boost sales. One product in particular has a low market share but the market has high potential for growth. According to the Boston Consultancy Group Matrix, which category of item would this fall under?

Options :

A : dog

B : cash cow

C : star

D : problem child

Answer: D

Question 4

Which area of operations strategy is concerned with information management systems, automation and productivity?

Options :

A : capacity

B : supply network design

C : process technology

D :

development and organisational design

Answer: C

Question 5

XYZ Ltd is a manufacturing organisation which buys raw materials from ABC Ltd including, but not limited to rubies and gold. These materials are used in the manufacturing of jewellery and watches. XYZ Ltd accepts all orders of the materials provided as they are rare. The supply relationship is therefore one-sided. Which type of network best describes this relationship?

Options :

A : proprietary

B : centralised

C : asymmetric

D : symmetric

Answer: C