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Created on March 23, 2026 By

CA Sonal Saboo

CMA Inter

Inter OMSM PN-9 Quiz 13

This quiz is based on the CMA Operations Management and Strategic Management paper.
Each question is multiple-choice with 4 options, and only 1 option is correct.
Attempt the quiz to test your understanding of CMA OMSM concepts.

1 / 25

Category: Operations Management and Strategic Management PN-9

1. Simulation is most useful method when:

a. Data is always deterministic

b. Optimization techniques are sufficient

c. The system is simple and can be solved mathematically

d. The system is complex and difficult to analyze mathematically

2 / 25

Category: Operations Management and Strategic Management PN-9

2. In which company Lean operation has its roots?

a. General Motors, USA

b. Honda Motors, Japan

c. Toyota Automobile Co., Japan

d. Ford Motors, USA

3 / 25

Category: Operations Management and Strategic Management PN-9

3. Which of the following is not an objective of JIT manufacturing?

a. Produce only what customers want

b. Produce products with perfect quality

c. Produce with zero waste

d. Produce products before demand arises

4 / 25

Category: Operations Management and Strategic Management PN-9

4. Continuous improvement in JIT means:

a. Focusing on short- term gains

b. Relying on external audits only

c. Once problems are solved, no further action is needed

d. Correcting existing problems and identifying new ones continuously

5 / 25

Category: Operations Management and Strategic Management PN-9

5. A factory has 13 workers producing a single product. The total output in a month of 24 working days is 370 units. What is the monthly productivity per worker?

a. 30

b. 28.46

c. 15.42

d. 20

6 / 25

Category: Operations Management and Strategic Management PN-9

6. Productivity is commonly defined as:

a. Output plus capital

b. Input multiplied by time

c. Ratio between the output volume and the volume of inputs

d. Output minus input

7 / 25

Category: Operations Management and Strategic Management PN-9

7. Which of the following is not a method to measure employee productivity?

a. Measure the amount of work completed

b. Measure quality of work

c. Measure goals

d. Measure employee happiness

8 / 25

Category: Operations Management and Strategic Management PN-9

8. Natural factors influencing productivity include:

a. Industrial policy

b. Product design

c. Climatic and geological conditions

d. Labour laws

9 / 25

Category: Operations Management and Strategic Management PN-9

9. Social factors affecting productivity refer to:

a. Credit facilities

b. Market demand

c. Culture, customs, and traditions of society

d. Machine maintenance and downtime

10 / 25

Category: Operations Management and Strategic Management PN-9

10. Continuous improvement in TQM is also known as:

a. Six Sigma

b. Benchmarking

c. KAIZEN

d. JIT

11 / 25

Category: Operations Management and Strategic Management PN-9

11. Total Quality Management encourages:

a. Individual work only

b. Ignoring process improvements

c. Teamwork, cooperation, and employee involvement

d. Short-term results over long-term quality

12 / 25

Category: Operations Management and Strategic Management PN-9

12. Which of the following is not a principle of TQM?

a. Quality is achieved through random inspection

b. Continuous improvement (Kaizen)

c. Worker involvement is essential

d. Strive for quality in all things

13 / 25

Category: Operations Management and Strategic Management PN-9

13. Slack signifies:

a. The total float of the project

b. The total duration of the project

c. The freedom available to reschedule or start a job

d. The difference between EST and EFT

14 / 25

Category: Operations Management and Strategic Management PN-9

14. For a job, slack time is calculated as:

a. LFT + EFT

b. EFT − LFT

c. LFT − EFT

d. EST − LST

15 / 25

Category: Operations Management and Strategic Management PN-9

15. A job with zero slack is called:

a. Critical job

b. Non-critical job

c. Independent job

d. Slack job

16 / 25

Category: Operations Management and Strategic Management PN-9

16. EFT (Earliest Finish Time) is calculated as:

a. Earliest Start Time + Duration of activity

b. Latest Start Time + Duration

c. Latest Finish Time − Duration

d. Earliest Start Time − Duration

17 / 25

Category: Operations Management and Strategic Management PN-9

17. Floats represent:

a. Difference between EFT and LFT

b. Difference between maximum time available and actual time required to complete an activity

c. Difference between EST and LST

d. Total duration of the project

18 / 25

Category: Operations Management and Strategic Management PN-9

18. Formula for Total Float (TF) is:

a. TF = (EFT of tail event − LST of head event) − Duration

b. TF = (EST of tail event − EFT of head event) − Duration

c. TF = (LFT of head event − EST of tail event) − Duration

d. TF = (LFT of head event − EST of tail event) + Duration

19 / 25

Category: Operations Management and Strategic Management PN-9

19. A project activity has an EFT = 12 days, LFT = 20 days. What is its slack time?

a. 8 days

b. 27 days

c. 0 days

d. 12 days

20 / 25

Category: Operations Management and Strategic Management PN-9

20. A negative total float indicates that:

a. The activity has excess resources

b. The activity can be delayed without affecting the project

c. Resources are not adequate and the activity cannot finish on time

d. The project is ahead of schedule

21 / 25

Category: Operations Management and Strategic Management PN-9

21. Free Float is a part of:

a. Slack time

b. Total Float

c. Dummy activity

d. Independent Float

22 / 25

Category: Operations Management and Strategic Management PN-9

22. Independent Float can be calculated as:

a. Total Float + Slack Time of tail event

b. Total Float – Head Slack

c. Free Float – Tail Slack

d. Free Float + Tail Slack

23 / 25

Category: Operations Management and Strategic Management PN-9

23. The main difference between slack and float is that:

a. Slack refers to activities, float refers to events

b. Both refer to events only

c. Both refer to activities only

d. Slack is used for events, float is used for activities

24 / 25

Category: Operations Management and Strategic Management PN-9

24. The time constraint in project management refers to:

a. The schedule for the project to reach completion

b. The total cost to complete a project

c. The number of team members working on the project

d. The availability of raw materials

25 / 25

Category: Operations Management and Strategic Management PN-9

25. Quality Improvement in project management refers to:

a. Increasing team size for faster execution

b. Minimizing scope to meet deadlines

c. Applying tools to close gaps between current and desired quality levels

d. Reducing cost of resources

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Inter PN-9 OMSM Quiz 13

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