The graphs below indicate which of the following? Choose all that apply Two line charts "Month Vs Sales Quantity" and "Month Vs Production Quantity" of gear assembly, Apr to Mar, for 2019-20 and 2020-21

(B) Difference between the Sales and Production shows an increase in December 2019-20 from the previous month

(C) Production Quantity is likely to be influenced by Sales

(A) Production Quantity is similar between two fiscal years (2019-20 and 2020-21)

(D) No meaningful conclusion can be derived from the graph.

Analyze the following data set and answer the given subquestions: | S. No | Customer ID | Merchant Segment | Device | Test / Control Group | Old Engagement Segment | New Engagement Segment | |---|---|---|---|---|---|---| | 1 | 441280 | Electronics | UPI | T | Low | Medium | | 2 | 441265 | Travel | PayLater | T | Medium | Low | | 3 | 441250 | Electronics | Debit Card | T | Medium | Low | | 4 | 441285 | Travel | Credit Card | T | Medium | Low | | 5 | 441285 | Grocery | UPI | T | Low | Medium | | 6 | 441283 | Travel | Debit Card | C | About to churn | High | | 7 | 441251 | Grocery | UPI | C | Low | High | | 8 | 441269 | Electronics | Credit Card | C | About to churn | High | | 9 | 441420 | Fashion | UPI | C | Medium | Low | | 10 | 441777 | Fashion | UPI | C | Medium | High | What can we infer from this A/B Testing?

(B) The test group did not respond well to the new features or nudges.

(A) People who buy Groceries avoid the usage of Credit Card

(D) It is not possible for a previously Medium level engagement customer to drop down to an 'About to Churn’ Level

Analyze the following data set and answer the given subquestions: | S. No | Customer ID | Merchant Segment | Device | Test / Control Group | Old Engagement Segment | New Engagement Segment | |---|---|---|---|---|---|---| | 1 | 441280 | Electronics | UPI | T | Low | Medium | | 2 | 441265 | Travel | PayLater | T | Medium | Low | | 3 | 441250 | Electronics | Debit Card | T | Medium | Low | | 4 | 441285 | Travel | Credit Card | T | Medium | Low | | 5 | 441285 | Grocery | UPI | T | Low | Medium | | 6 | 441283 | Travel | Debit Card | C | About to churn | High | | 7 | 441251 | Grocery | UPI | C | Low | High | | 8 | 441269 | Electronics | Credit Card | C | About to churn | High | | 9 | 441420 | Fashion | UPI | C | Medium | Low | | 10 | 441777 | Fashion | UPI | C | Medium | High | In the PayBuddy case - what are the main causes for the company to face losses?

(A) Wrong assessment of Credit Approval

(B) Low commission rate per transaction

(C) Travel Industry hit by COVID

(D) Users unaware/unsure about the concept of credit

Consider the dataset. | Candidates | F1: Year of experience | F2: Count Skill | F3: Count_key_projects | F4: When will be available to join (months) | |---|---|---|---|---| | Partha | 5.0 | 2 | 2 | 2 | | Siva | 5.0 | 1 | 1 | 2 | | Akanksha | 5.5 | 1 | 2 | 2 | | Lavanya | 6.0 | 1 | 1 | 3 | Here the factors F1 ..F3 are “higher the better”, but, F4 is “lower the better”. Rank the above candidates and choose the correct ranking from the below options.

(A) Partha > Akanksha > Siva > Lavanya

(B) Akanksha > Lavanya > Siva> Partha

(C) Partha \< Akanksha \< Lavanya \< Siva

(D) Akanksha \< Lavanya \< Siva\< Partha

BDM End Term PYQ Sep 2022: 11 Dec 2022 (Set ETD1-2)

Question 1

+1 markOne correct option

What does marginal utility measure?

A
Satisfaction divided by the quantity of the good
B
Added satisfaction from having one more unit of the good
C
Satisfaction divided by the price of the good
D
All of these
E
None of these

Show answer

Correct answer

B
Added satisfaction from having one more unit of the good

Question 1 on its own pageAlso asked in End Term 11 Dec 2022

Question 2

+1 markOne correct option

An increase in income leads to an increase in demand for:

A
Inferior good
B
Normal good
C
Substitute good
D
Luxury good

Show answer

Correct answer

D
Luxury good

Question 2 on its own page

Question 3

+1 markOne correct option

When computing price elasticity, the slope of the demand curve depends on

A
The units used to measure quantity but not the units used to measure price
B
The units used to measure price but not the units used to measure quantity
C
Neither the units used to measure quantity nor the units used to measure price
D
The units used to measure the quantity and the units used to measure price

Show answer

Correct answer

C
Neither the units used to measure quantity nor the units used to measure price

Question 3 on its own pageAlso asked in End Term 11 Dec 2022

Question 4

+1 markOne correct option

What category of SKUs should be kept closer to the processing area?

A
Low demand / slow moving items - to avoid clutter or congestion near the processing area
B
High Demand / Fast Moving items - Saves time and effort. Helps in quicker access
C
Expensive Items - To increase security, the items are kept at a visible distance, enabling constant surveillance
D
Inexpensive Items - To avoid significant losses caused by thefts.

Show answer

Correct answer

B
High Demand / Fast Moving items - Saves time and effort. Helps in quicker access

Question 4 on its own pageAlso asked in End Term 11 Dec 2022

Question 5

+1 markOne correct option

Which of the following plan stages will typically have the longest span for low technology and quick set up factory operation?

A
Strategic Plan
B
Capacity Requirement Plan
C
Purchase Plan
D
Production Plan
E
Shift Operation Plan

Show answer

Correct answer

A
Strategic Plan

Question 5 on its own page

Question 6

+2 marksOne or more correct options

Which of the following is not a source of survey data?(select all that is applicable)

Select all that apply.

A
Market research data
B
Stock market data
C
Rainfall data
D
Consumer pyramid data

Show answer

Correct answers

B
Stock market data
C
Rainfall data

Question 6 on its own pageAlso asked in End Term 11 Dec 2022

Question 7

+2 marksOne or more correct options

What brings about the change in the following scatter plots?

Select all that apply.

A
Formatting Legend
B
Increasing Data Points
C
Reducing the axis range
D
Eliminating the Outliers

Show answer

Correct answers

C
Reducing the axis range
D
Eliminating the Outliers

Question 7 on its own page

Question 8

+2 marksOne or more correct options

What does a high Average Days of Inventory signify?

Select all that apply.

A
Warehouse / Firm has inventory that is difficult to sell
B
It is a high-demand product - with a heavy flow of sales volume
C
The replenishment of that product from the Mother Distribution Center is not keeping up with the sales observed by the recipient DC.
D
Too many return orders.

Show answer

Correct answers

A
Warehouse / Firm has inventory that is difficult to sell
C
The replenishment of that product from the Mother Distribution Center is not keeping up with the sales observed by the recipient DC.

Question 8 on its own pageAlso asked in End Term 11 Dec 2022

Question 9

+2 marksOne or more correct options

If the sales (volume) of the laptops increase in a particular period, which of the following item(s) also increase(s)?Choose all that apply

Select all that apply.

A
Profit
B
Cost of Goods Sold
C
Closing Inventory
D
Fixed Cost

Show answer

Correct answer

B
Cost of Goods Sold

Question 9 on its own pageAlso asked in End Term 11 Dec 2022

Question 10

+2 marksOne or more correct options

The graphs below indicate which of the following? Choose all that apply

Select all that apply.

A
Production Quantity is similar between two fiscal years (2019-20 and 2020-21)
B
Difference between the Sales and Production shows an increase in December 2019-20 from the previous month
C
Production Quantity is likely to be influenced by Sales
D
No meaningful conclusion can be derived from the graph.

Show answer

Correct answers

B
Difference between the Sales and Production shows an increase in December 2019-20 from the previous month
C
Production Quantity is likely to be influenced by Sales

Question 10 on its own page

Question 11

+3 marksOne or more correct options

If the current ratio is 2:1 and the Quick ratio is 1.5:1, then which of the following is/are true? (Select all that are applicable)

Select all that apply.

A
Current assets are 2 times the liability
B
Liability is 2 times the current assets
C
Stocks is 0.5 times the liability
D
Liability is 0.5 times Stocks
E
Current assets are greater than stocks
F
Stocks are greater than current assets
G
None of these

Show answer

Correct answers

A
Current assets are 2 times the liability
C
Stocks is 0.5 times the liability
E
Current assets are greater than stocks

Question 11 on its own pageAlso asked in End Term 11 Dec 2022, Quiz 1 26 Feb 2023

Question 12

+2 marksNumerical answer

The decrease in price of a product from INR 10 to INR 8 raised the demand by 30%. What is the elasticity of demand for the product?

Show answer

Correct answer: 1.5

Question 12 on its own pageAlso asked in End Term 11 Dec 2022

Question 13

+2 marksOne or more correct options

Analyze the following data set and answer the given subquestions:

S. No	Customer ID	Merchant Segment	Device	Test / Control Group	Old Engagement Segment	New Engagement Segment
1	441280	Electronics	UPI	T	Low	Medium
2	441265	Travel	PayLater	T	Medium	Low
3	441250	Electronics	Debit Card	T	Medium	Low
4	441285	Travel	Credit Card	T	Medium	Low
5	441285	Grocery	UPI	T	Low	Medium
6	441283	Travel	Debit Card	C	About to churn	High
7	441251	Grocery	UPI	C	Low	High
8	441269	Electronics	Credit Card	C	About to churn	High
9	441420	Fashion	UPI	C	Medium	Low
10	441777	Fashion	UPI	C	Medium	High

What can we infer from this A/B Testing?

Select all that apply.

A
People who buy Groceries avoid the usage of Credit Card
B
The test group did not respond well to the new features or nudges.
C
The nudge worked.
D
It is not possible for a previously Medium level engagement customer to drop down to an 'About to Churn’ Level

Show answer

Correct answer

B
The test group did not respond well to the new features or nudges.

Question 13 on its own page

Question 14

+1 markOne correct option

Analyze the following data set and answer the given subquestions:

S. No	Customer ID	Merchant Segment	Device	Test / Control Group	Old Engagement Segment	New Engagement Segment
1	441280	Electronics	UPI	T	Low	Medium
2	441265	Travel	PayLater	T	Medium	Low
3	441250	Electronics	Debit Card	T	Medium	Low
4	441285	Travel	Credit Card	T	Medium	Low
5	441285	Grocery	UPI	T	Low	Medium
6	441283	Travel	Debit Card	C	About to churn	High
7	441251	Grocery	UPI	C	Low	High
8	441269	Electronics	Credit Card	C	About to churn	High
9	441420	Fashion	UPI	C	Medium	Low
10	441777	Fashion	UPI	C	Medium	High

In the PayBuddy case - what are the main causes for the company to face losses?

A
Wrong assessment of Credit Approval
B
Low commission rate per transaction
C
Travel Industry hit by COVID
D
Users unaware/unsure about the concept of credit

Show answer

Correct answer

A
Wrong assessment of Credit Approval

Question 14 on its own page

Question 15

+1 markOne correct option

Answer the given subquestions on the Overall Equipment Effectiveness of fasteners
manufacturing.
Hint:
Just in case you forgot the formula
Availability = Run Time / Planned Production Time
Run Time = Planned Production Time − Lost Time
Performance = (Total Count / Run Time) / Ideal Run Rate
Quality = Good Count / Total Count
OEE = Availability × Performance × Quality

A nut manufacturing process had scheduled maintenance of two shifts in a particular week. Which components(s) of Overall Equipment Effectiveness (OEE) will certainly be affected in that week? a) availability, b) performance, c) quality

A
only performance
B
only availability
C
performance and quality
D
All of these
E
None of these

Show answer

Correct answer

B
only availability

Question 15 on its own page

Question 16

+1 markNumerical answer

Answer the given subquestions on the Overall Equipment Effectiveness of fasteners
manufacturing.
Hint:
Just in case you forgot the formula
Availability = Run Time / Planned Production Time
Run Time = Planned Production Time − Lost Time
Performance = (Total Count / Run Time) / Ideal Run Rate
Quality = Good Count / Total Count
OEE = Availability × Performance × Quality

Calculate the following of the Gear Manufacturing Equipment for a particular week

Parameters	Week 1
No. of Shifts/ Day (No Holiday on any day of the week)	3
No. of Hours/Shift	8
Lost Time in Hours	24
Designed production speed of gears per Hour	60
Total Product Output	6740
Scrap (S)	122

Availability - _______%

Show answer

Correct answer: 85.5 (accepted within ±0.5)

Question 16 on its own pageAlso asked in End Term 11 Dec 2022

Question 17

+1 markNumerical answer

Answer the given subquestions on the Overall Equipment Effectiveness of fasteners
manufacturing.
Hint:
Just in case you forgot the formula
Availability = Run Time / Planned Production Time
Run Time = Planned Production Time − Lost Time
Performance = (Total Count / Run Time) / Ideal Run Rate
Quality = Good Count / Total Count
OEE = Availability × Performance × Quality

Calculate the following of the Gear Manufacturing Equipment for a particular week

Parameters	Week 1
No. of Shifts/ Day (No Holiday on any day of the week)	3
No. of Hours/Shift	8
Lost Time in Hours	24
Designed production speed of gears per Hour	60
Total Product Output	6740
Scrap (S)	122

Performance ________%

Show answer

Correct answer: 78 (accepted within ±0.5)

Question 17 on its own pageAlso asked in End Term 11 Dec 2022

Question 18

+1 markNumerical answer

Answer the given subquestions on the Overall Equipment Effectiveness of fasteners
manufacturing.
Hint:
Just in case you forgot the formula
Availability = Run Time / Planned Production Time
Run Time = Planned Production Time − Lost Time
Performance = (Total Count / Run Time) / Ideal Run Rate
Quality = Good Count / Total Count
OEE = Availability × Performance × Quality

Calculate the following of the Gear Manufacturing Equipment for a particular week

Parameters	Week 1
No. of Shifts/ Day (No Holiday on any day of the week)	3
No. of Hours/Shift	8
Lost Time in Hours	24
Designed production speed of gears per Hour	60
Total Product Output	6740
Scrap (S)	122

Quality ________%

Show answer

Correct answer: 98 (accepted within ±0.5)

Question 18 on its own pageAlso asked in End Term 11 Dec 2022

Question 19

+1 markNumerical answer

Answer the given subquestions on the Overall Equipment Effectiveness of fasteners
manufacturing.
Hint:
Just in case you forgot the formula
Availability = Run Time / Planned Production Time
Run Time = Planned Production Time − Lost Time
Performance = (Total Count / Run Time) / Ideal Run Rate
Quality = Good Count / Total Count
OEE = Availability × Performance × Quality

Calculate the following of the Gear Manufacturing Equipment for a particular week

Parameters	Week 1
No. of Shifts/ Day (No Holiday on any day of the week)	3
No. of Hours/Shift	8
Lost Time in Hours	24
Designed production speed of gears per Hour	60
Total Product Output	6740
Scrap (S)	122

OEE ________ (Enter a number from 0 to 1 up to 3 decimal places)

Show answer

Correct answer: 0.655 (accepted within ±0.015)

Question 19 on its own pageAlso asked in End Term 11 Dec 2022

Question 20

+1 markNumerical answer

Answer the given subquestions on the Overall Equipment Effectiveness of fasteners
manufacturing.
Hint:
Just in case you forgot the formula
Availability = Run Time / Planned Production Time
Run Time = Planned Production Time − Lost Time
Performance = (Total Count / Run Time) / Ideal Run Rate
Quality = Good Count / Total Count
OEE = Availability × Performance × Quality

An 8-hour shift of clamp manufacturing process (with no downtime) has an OEE of 0.90 performing at its designed speed and produces a total scrap of 45 units. What is the total number of units produced in the shift?

Show answer

Correct answer: 450

Question 20 on its own pageAlso asked in End Term 11 Dec 2022

Question 21

+2 marksOne correct option

Match the following

A. Pareto Principle	1. A metric to calculate the rate at which customers stop doing business with a company over a given period of time.
B. A/B Testing	2. Helps companies to make careful changes to their user experiences while collecting data on the results.
C. Churn Rate	3. A software/website that facilitates the smooth transfer of funds between customers and online businesses
D. Nudge Theory	4. Most things in business (revenue, sales volume, etc) are not distributed evenly – some contribute more than others.
	5. A way of offering small clues that support decision-making

A
A - 4,B - 2,C - 1,D - 5
B
A - 4,B - 2,C - 3,D - 5
C
A - 5,B - 2,C - 1,D - 3
D
A - 5,B - 1,C - 2,D - 3

Show answer

Correct answer

A
A - 4,B - 2,C - 1,D - 5

Question 21 on its own page

Question 22

+1 markOne or more correct options

Which of the following are the functions of a Payment Merchant like G-Pay or Paytm?

Select all that apply.

A
Targets users with low bank balances and provides them with surplus money
B
Acts as the mediator between the merchant and the financial institutions involved
C
Acts as a distributor for products and services
D
Provides multiple payment options

Show answer

Correct answers

B
Acts as the mediator between the merchant and the financial institutions involved
D
Provides multiple payment options

Question 22 on its own pageAlso asked in End Term 11 Dec 2022

Question 23

+1 markOne or more correct options

Increase in which of the following will increase the Net Margin? Choose all that apply

Select all that apply.

A
Revenue
B
Direct Material Cost
C
Direct Labour Cost
D
Shipping Cost
E
Insufficient Information

Show answer

Correct answer

E
Insufficient Information

Question 23 on its own pageAlso asked in End Term 11 Dec 2022

Question 24

+3 marksOne correct option

Consider the dataset.

Candidates	F1: Year of experience	F2: Count Skill	F3: Count_key_projects	F4: When will be available to join (months)
Partha	5.0	2	2	2
Siva	5.0	1	1	2
Akanksha	5.5	1	2	2
Lavanya	6.0	1	1	3

Here the factors F1 ..F3 are “higher the better”, but, F4 is “lower the better”. Rank the above candidates and choose the correct ranking from the below options.

A
Partha > Akanksha > Siva > Lavanya
B
Akanksha > Lavanya > Siva> Partha
C
Partha < Akanksha < Lavanya < Siva
D
Akanksha < Lavanya < Siva< Partha

Show answer

Correct answer

A
Partha > Akanksha > Siva > Lavanya

Question 24 on its own pageAlso asked in End Term 11 Dec 2022

Question 25

+2 marksOne correct option

From the table, which of the options best represents the revenue change from 31st March 2022 to 1st April 2022?

Date	Sum of Revenue
23-03-2022	₹ 28,92,404
24-03-2022	₹ 27,48,802
25-03-2022	₹ 27,83,849
26-03-2022	₹ 31,52,277
27-03-2022	₹ 31,97,606
28-03-2022	₹ 30,83,087
29-03-2022	₹ 29,96,175
30-03-2022	₹ 27,70,834
31-03-2022	₹ 28,45,271
01-04-2022	₹ 26,48,451
02-04-2022	₹ 30,03,639
03-04-2022	₹ 29,84,822
04-04-2022	₹ 28,52,689
05-04-2022	₹ 27,84,763
06-04-2022	₹ 28,29,945

A
10 Percent - Reduction
B
7 Percent - Increment
C
7 Percent - Reduction
D
10 Percent - Increment

Show answer

Correct answer

C
7 Percent - Reduction

Question 25 on its own page

Question 26

+2 marksOne correct option

Arrange the following steps while working with unstructured data in a ranking modeling: I. Normalizing
II. Preprocessing
III. Ranking
IV. Composite score

A
I -> II -> III -> IV
B
II -> I -> IV -> III
C
I -> II -> IV -> III
D
II -> I -> III -> IV

Show answer

Correct answer

B
II -> I -> IV -> III

Question 26 on its own pageAlso asked in End Term 11 Dec 2022