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Edexcel A Level Topic 2.4 Resource Management Quiz Flashcards | StudBud
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Edexcel A Level Topic 2.4 Resource Management Quiz
Edexcel A Level Topic 2.4 Resource Management Quiz
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1
Which one is a benefit of lean production?
Reduced waste
High production costs
Excessive inventory levels
Increased lead time
2
Which is the most effective method of stock control for perishable goods?
Economic Order Quantity (EOQ)
First-In-First-Out (FIFO)
Just-in-Time (JIT)
ABC analysis
3
What is the purpose of buffer stocks?
To absorb fluctuations in demand and supply
To eliminate the need for quality control
To maximise production efficiency
To minimise storage costs
4
The goal of lean production is to eliminate all forms of waste, inc. overproduction, waiting time, & excess inventory.
True
False
5
In batch production, products are made to order, and each batch is customised to meet specific customer requirements.
False
True
6
What does TQM stand for?
Total Quality Management
Total Quantity Management
Technical Quality Metrics
Tactical Quality Monitoring
7
Which statement best describes Kaizen?
Continuous improvement philosophy
One-time improvement initiative
Quality control technique
Rapid production method
8
Which statement best describes over-utilisation in business?
Excessive use of resources leading to inefficiency
Efficient use of resources to maximise productivity
Adequate allocation of resources to meet demand
Balanced utilisation of resources for optimal performance
9
Which business is most likely to be capital intensive?
Freelance writing service
Consulting firm
Cereal manufacturer
Software development startup
10
What type of production method is commonly associated with producing goods in mass such as cars?
Job
Batch
Cell
Flow
11
How can a business minimise wastage?
Implementing just-in-time inventory systems
Reducing employee training programs
Increasing production speed
Ignoring quality control measures
12
What is lead time?
The time it takes for a product to deteriorate.
The time it takes to manufacture a product.
The time between placing an order and receiving the goods.
The time it takes for a business to become profitable.
13
What is a quality circle?
A marketing strategy for promoting high-quality products.
A team of employees who voluntarily meet to discuss and problem solve.
A geometric shape used in statistical analysis.
A measurement tool for assessing product dimensions.
14
In a cell production system, what is the primary focus?
Customisation
Cross-functional teams
Continuous flow
Large-scale production
15
Which business is most likely to be labour intensive?
Solar panel manufacturing
Data analytics firm
Newspaper producer
TV repair business
16
Just-In-Time (JIT) aims to minimise holding costs by keeping large stockpiles of inventory on hand.
False
True
17
Job production is characterised by the continuous and standardised flow of materials through the manufacturing process.
True
False
18
In which production method are products usually customised and made to order, often requiring highly skilled labour?
Batch
Cell
Job
Flow
19
Cross-training employees to perform multiple tasks can contribute to increased operational efficiency.
False
True
20
What is a key benefit of quality assurance?
Enhanced customer satisfaction
Higher manufacturing costs
Reduced production speed
Increased waste
