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    Multiple Choice Questions (MCQ) On Supply Chain Management

    Uploaded by

    Joven Castillo
    This document contains 10 multiple choice questions about supply chain management. It tests understanding of key concepts like the flow of materials, information, and cash through a supply chain. It also covers topics such as the typical sequence in a manufacturing supply chain, the purpose of supply chain management, definitions of logistics, the bullwhip effect, vendor managed inventory (VMI), decision areas in supply chain management, distribution requirement planning, reasons for reverse logistics, and the meaning of 3PL.

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    Multiple Choice Questions (MCQ) On Supply Chain Management

    Uploaded by

    Joven Castillo
    45K views2 pages
    This document contains 10 multiple choice questions about supply chain management. It tests understanding of key concepts like the flow of materials, information, and cash through a supply chain. It also covers topics such as the typical sequence in a manufacturing supply chain, the purpose of supply chain management, definitions of logistics, the bullwhip effect, vendor managed inventory (VMI), decision areas in supply chain management, distribution requirement planning, reasons for reverse logistics, and the meaning of 3PL.

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    Multiple Choice Questions (MCQ) on Supply Chain Management

    Original Title

    Multiple Choice Questions (MCQ) on Supply Chain Management

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    This document contains 10 multiple choice questions about supply chain management. It tests understanding of key concepts like the flow of materials, information, and cash through a supply chain. It also covers topics such as the typical sequence in a manufacturing supply chain, the purpose of supply chain management, definitions of logistics, the bullwhip effect, vendor managed inventory (VMI), decision areas in supply chain management, distribution requirement planning, reasons for reverse logistics, and the meaning of 3PL.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    45K views2 pages

    Multiple Choice Questions (MCQ) On Supply Chain Management

    Uploaded by

    Joven Castillo
    This document contains 10 multiple choice questions about supply chain management. It tests understanding of key concepts like the flow of materials, information, and cash through a supply chain. It also covers topics such as the typical sequence in a manufacturing supply chain, the purpose of supply chain management, definitions of logistics, the bullwhip effect, vendor managed inventory (VMI), decision areas in supply chain management, distribution requirement planning, reasons for reverse logistics, and the meaning of 3PL.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Multiple Choice Questions (MCQ) on Supply chain management

    Which of the following is true for supply chain management?


    a. The physical material moves in the direction of the end of chain
    b. Flow of cash backwards through the chain
    c. Exchange of information moves in both the direction
    d. All of the above
    (Ans:d)

    The sequence of a typical manufacturing supply chain is


    a. StorageSuppliermanufacturingstoragedistributorretailercustomer
    b. SupplierStorage-manufacturingstoragedistributorretailercustomer
    c. SupplierStorage-manufacturing distributorstorageretailercustomer
    d. SupplierStorage-manufacturingstorage retailerdistributorcustomer
    (Ans:b)

    The purpose of supply chain management is


    a. provide customer satisfaction
    b. improve quality of a product
    c. integrating supply and demand management
    d. increase production
    (Ans:c)

    Logistics is the part of a supply chain involved with the forward and reverse flow of
    a. goods
    b. services
    c. cash
    d. all of the above
    (Ans:d)

    Due to small change in customer demands, inventory oscillations become progressively larger looking
    through the supply chain. This is known as
    a. Bullwhip effect
    b. Netchain analysis
    c. Reverse logistics
    d. Reverse supply chain
    (Ans:a)

    VMI stands for


    a. Vendor material inventory
    b. Vendor managed inventory
    c. Variable material inventory
    d. Valuable material inventory
    (Ans:b)
    The major decision areas in supply chain management are
    a. location, production, distribution, inventory
    b. planning, production, distribution, inventory
    c. location, production, scheduling, inventory
    d. location, production, distribution, marketing
    (Ans:a)

    Distribution requirement planning is a system for


    a. Inventory management
    b. Distribution planning
    c. Both a and b
    d. None of the above
    (Ans:c)

    Reverse logistics is required because


    a. Goods are defective
    b. Goods are unsold
    c. The customers simply change their minds
    d. All of the above
    (Ans:d)

    3-PL stands for


    a. Three points logistics
    b. Third party logistics
    c. Three points location
    d. None of the above
    (Ans:b)

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