1. Value added manufacturing time is divided by total manufacturing is to calculate
a) value chain efficiency
b) value chain effectively
c) manufacturing cycle effectively
d) manufacturing cycle efficiency
2. Chart which represents how regularly defect occurs in production process is classified as
a) relevant costing diagram
b) cause and effect diagram
c) control chart
d) Pareto chart
3. If manufacturing cycle efficiency is 0.725 and total manufacturing time is 45 minute, then value added manufacturing time will be
a) 42.625
b) 36.724
c) 32.625
d) 41.625
4. In response to challenges arisen by competitors and new entrants, strategy which must be considered by company does include
a) cost leadership
b) demand inelasticity
c) differentiated products
d) both a and c
5. Considering two fiscal years 2013 and 2014, actual units sold in 2013 and 2014 are 11000 and 12500 units respectively, and selling price in year 2013 is $50, then revenue effect of growth will be
a) $70,000
b) $75,000
c) $65,000
d) $73,000
6. Considering two years 2013 and 2014, quantity of output produced in 2014 is divided by cost of input used in 2013, to produce output in 2014 to calculate
a) benchmark engineered productivity
b) benchmark total factor productivity
c) benchmark partial productivity
d) benchmark total productivity
7. Quantity of produced output is divided by quantity of used input to calculate
a) targeted productivity
b) total factor productivity
c) partial productivity
d) unused productivity
8. Considering balanced scorecard, perspective in which performance of organization includes is
a) financial perspective
b) learning and growth perspective
c) customer perspective
d) all of above
9. In operating income strategic analysis, strategic component which measures change in operating income, attributed for change in price of outputs and inputs is classified as
a) internal process component
b) growth component
c) price recovery component
d) productivity component
10. In strategy formulation, forces that must be focused for industry analysis include
a) potential entrants in market
b) customer's bargaining power
c) supplier's bargaining power
d) all of above