CA Foundation Exam June 2023 » CA MCQs » Production Planning and Control

Production Planning and Control

MCQs on "Production Planning and Control": Find the multiple choice questions on "Production Planning and Control", frequently asked for all competitive examinations.

It is crucial to integrate the production planning and control system for efficient, economical, and effective operation in a commercial enterprise unit of an association. Production preparation and ensuing production control follow the transformation of product design and completion of a production process.

Production planning and control address a whole problem of low inventory, low productivity management, and resource utilization. Production Planning and Control strives to ensure a cost-efficient and convenient industry of services and goods by blending with various branches or departments. Its focus is to guarantee the delivery of services and goods within the conditioned time to intensify the customer’s gratification.

Multiple Choice Questions

  1. Which of the following functions mentioned below of production planning and control are associated with the timetable of activities?
    1. Scheduling
    2. Dispatching
    3. Expediting
    4. Routing

Answer: Option A – Scheduling

Solution: 

Scheduling is related to the timetable in production planning and control activities.

  1. The main objective of the production planning and control is
    1. Timely delivery of goods and services
    2. Improving customer satisfaction
    3. Coordinating with multiple departments to ensure that the production process is on track
    4. All of the above

Answer: Option D – All of the above

Solution: 

The main objective Of product planning and control is for timely delivery of goods and services, coordinating with multiple departments to ensure that the production process is on track, and Improving customer satisfaction.

  1. The right sequence of operation in the product planning and control processes is
    1. Routing – Scheduling – Follow up – Dispatching
    2. Scheduling – Follow up – Dispatching – Routing
    3. Routing – Scheduling – Dispatching – Follow up
    4. Dispatching – Routing – Scheduling – Follow up

Answer: Option C – Routing – Scheduling – Dispatching – Follow up

  1. Production Planning and Control function is crucial for ensuring efficiency and cost savings in 
    1. Planning
    2. Production
    3. Promotion
    4. None of the above

Answer: Option B – Production

Solution: 

Production and Control functions are crucial for ensuring efficiency and cost savings.

  1. Regulated the manufacturing to ensure a peaceful flow of material is an objective of 
    1. Production planning
    2. Production control
    3. Production audit
    4. None of the above

Answer: Option B – Production control

Solution:  

Regulated the manufacturing to ensure a peaceful flow of material is an objective of  Production control.

  1. Production Planning is necessary for
    1. Inventory management
    2. Quality management
    3. Supply management
    4. All of the above

Answer: Option D – All of the above

Solution:

Production Planning is necessary for Inventory management, quality management, and supply management.

  1. Production power within an establishment depends on
    1. Nature of manufacture activities within the system
    2. Nature of the system
    3. Size of the system
    4. All of the above

Answer: Option D – All of the above

Solution:

 Production power within an establishment depends on the nature of manufacturing activities within the system, the nature of the system, size of the system.

  1. Which among the following mentioned below is not a skillfulness of inventory control?
    1. ABC analysis
    2. FSN analysis
    3. GOLF analysis
    4. FTMN analysis

Answer: Option D – FTMN analysis

Solution:

ABC analysis: Inventor items are sorted based on their period in monetary terms.

GOLF analysis: GOLF analysis is displaced out mainly on the footing of material 

It stands for G – government, O – ordinary, L – local, F – foreign.

  1. ABC stock list control focuses on those
    1. Items not promptly available
    2. Items which are consuming lesson money
    3. Items having more demand-supply
    4. Item which cost more money 

Answer: Option D – Item which costs more money 

Solution:

The inventory consists of many items, and all the items present are not of equal importance. Hence, the firm should pay more additional attention and care to those entities whose usage matters or the cost value is high and less attention to those whose set value is low.

  1. Which is not a simple forecasting method among the following mentioned below?
    1. Trend revised exponential achievement or smoothing
    2. Econometric models
    3. Linear regression
    4. Multiple regression 

Answer: Option A – Trend revised exponential achievement or smoothing

Solution:

Forecasting is a prognosis of future sales or demand of a certain or particular product

It is a forecast based upon tense or past data and the art of human judgment.

  1. Which layout in the mentioned below list is suitable for the multi-product company bringing out batch manufacture?
    1. Product layout
    2. Process layout
    3. Point layout
    4. All of these

Answer: Option B – Process layout

Solution:

A multi-product institution means it will trade in a mixture of products.

Batch production signifies the volume of the exhibition is not much higher.

Layout contriving in manufacturing and benefit organizations concerns the material arrangement of various resources known in the system to improve the arrangement of the operating system, thereby delivering better customer services.

Layouts can be classified mainly into the tailing four categories:

  1. Process layout
  2. Product layout
  3. Group layout (Combination layout)
  4. Fixed-position layout

12. Work-study is concerned with

    1. Improving the present method and finding a common time
    2. Motivation of workers
    3. Improving production capabilities
    4. All of the above

Answer: Option A – Improving the present method and finding a common time

Solution:

Work-study is one of the many powerful tools for rising productivity. Work-study is:

  • The systematic scrutiny of the methods of carrying out an activity
  • To improve the hard-hitting use of resources
  • To set up measures of performance

Work-study facilitates a job to ease extreme or excess work and wasteful use of resources and sets up a standard time for performing that job.

  1. Break-even accounting chart is drawn between 
    1. fixed cost and overhead cost
    2. the volume of income in production
    3. labour cost and material cost
    4. none of these 

Answer: Option B – the volume of income in production

Solution:

Break-even chart:

  • Break-even research is the study of the cost-volume-profit (CVP) association, in which a graph is sketched between the volume of production (Quantity) and income (Sales).
  • It guides to a system of specifying that level of trading operations where the organization neither gains profit nor sorrow any loss, i.e., where the total cost is equal to entire sales, i.e., the point of ordinal profit (Break-even point).
  • In a more general sense, it directs to a system of comments that can be used to differentiate probable gain at any rank of activity.
  1. Gantt’s charts are used for
    1. Forecasting sales
    2. Productions schedule
    3. Routing and scheduling
    4. Linear programming 

Answer: Option B – Productions schedule

Solution:

  • Gantt’s charts are chiefly used to assign resources to activities, i.e., Production programs.
  • The resources issued to activities contain staff, instrumentality or hardware, and software.
  • Gantt’s charts are valuable for resource planning.
  • A Gantt chart is a unique bar graph where each bar depicts an activity.
  • The bars are pulled along a timeline.
  • The length of the per bar is symmetrical to the course of time scheduled for the related activity.
  1. ERP stands for
    1. Enterprise revenue planning
    2. Enterprise recovery planning
    3. Enterprise report planning
    4. Enterprise resource planning 

Answer: Option D – Enterprise resource planning 

Solution:

  • Enterprise resource planning (ERP) is the incorporated management of heart business processes, often in natural-time and mediated by computer software and technology
  • ERP supplies an integrated and endlessly updated view of soul business strategies using common pieces of information possessed by a database management system
  1. Which of the following techniques mentioned below are used for forecasting?
    1. PERT/CPM
    2. Exponential smoothing
    3. Gantt Chart
    4. Control chart 

Answer: Option B – Exponential smoothing

Solution:

  • Forecasting is represented as estimating the coming value that a constant will take. Most knowledge domain forecasting methods forecast the approaching value using data.
  • Some straightforward forecasting models using time sequence data are easy to average, displacing average, and simple function smoothing.
  1. Inventory quality and control are involved in which of the mentioned below phases production planning and control
    1. Pre-planning stage
    2. Monitoring stage
    3. Planning stage
    4. Action stage 

Answer: Option B – Monitoring stage

Solution:

  • Planning Stage: After the pre-planning, the amount, level of measure, process power, production preparation like routing, programming materials, instruments or tools planning, etc., are brought out in the planning stage.
  • Action Stage: It is the real execution of the plan. It begins with transmitting functions, which trade with advancing a profession or job.
  • Monitoring: In this stage, the prepared or planned activities are managed and monitored using different techniques such as goods control, device control, cost management, grade control, etc. 
  1. The process of negotiating with production orders to begin the operation nether the production planning and control begins with 
    1. Dispatching
    2. Routing
    3. Expediting
    4. Estimating

Answer: Option B – Routing

  1. Which of the following in the below-mentioned list is not a primary function of statistical process control 
    1. To establish authority limits
    2. To detect precise cause variations
    3. To identify description limits
    4. To choose when a function is not in control

Answer: Option C – To identify description limits

  1. Among the following, what is the probability of an outcome operating skillfulness within an evaluated time frame?
    1. Reliability
    2. Durability
    3. Serviceability
    4. Performance

Answer: Option A – Reliability