Supply Chain Management
3 of 3 sets
201. Time utility is created by
A. Operation function.
B. Logistics function.
C. Procurement function.
D. Distribution function.
Answer:D
202. MRP stands for
A. Material requirement planning.
B. Manpower recruitment process.
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C. Machine repair plan.
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D. Mechanical re-engineering process.
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Answer:A a
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203. Master planning in the planning hierarchy
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A. determines the direction of business.
B. creates the capacity.
C. involves the functional planning.
D. provides specification for manufacturing.
Answer:A
204. Master scheduling is the process that
A. determines the direction of business.
B. creates the capacity.
C. involves the functional planning.
D. provides specification for manufacturing.
Answer:B
205. Customer order processing level is that
A. determines the direction of business.
B. creates the capacity.
C. involves the functional planning.
D. provides specification for manufacturing.
Answer:D
206. Master planning deals with
A. customer interface.
B. marketing interface.
C. supplier interface.
D. manufacturing interface.
Answer:C
207. The service mission of logistics
A. reflect the vision of top management.
B. deal with basic services required for delivering of goods.
C. refers to the value-added services offered.
D. reflects the ability of firm to exploit market.
Answer:D
208. Firm infrastructure is __________ in the generic value chain of logistics
A. a support activity.
B. a primary activity.
C. not an activity.
D. the only activity.
Answer:A
209. Inbound and outbound logistics is _________ in the generic value chain of
logistics.
A. a support activity.
B. a primary activity.
C. not an activity.
D. the only activity.
Answer:B
210. HRM is _________ in the generic value chain of logistics.
A. a support activity.
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B. a primary activity.
C. not an activity.
D. the only activity.
Answer:C
211. Marketing and sales is ___________ in the generic value chain of logistics.
A. a support activity.
B. a primary activity.
C. not an activity.
D. the only activity.
Answer:B
212. Competitive advantage can be created and achieved by logistics managers by
A. cost advantage.
B. Quality.
C. value advantage.
D. cost and value advantage.
Answer:D
213. Real time communication of information regarding requirements and
availability of logistics service is the core of
A. right response.
B. right quality.
C. right quantity.
D. right value.
Answer:A
214. The maintenance of a minimum possible level of inventory required for a
desired level of customer service is the objective of
A. right response.
B. right quality.
C. right quantity.
D. right value.
Answer:C
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215. The logistical objective that ensures a proper balance between total logistics
cost and a desired level of customer service performance is
A. right response.
B. right quality.
C. right cost trade off.
D. right information.
Answer:C
216. Just in time is a practice followed in
A. Japan.
B. America.
C. Britain.
D. China.
Answer:A
217. The term which covers the operation of shifting the cargo to or from the vessel
is
A. Rigging.
B. Slinging.
C. Carnage.
D. Forced discharge.
Answer:B
218. The term used for loading or unloading of heavy cargo is
A. Rigging.
B. Carnage.
C. Slinging.
D. Forced discharge.
Answer:B
219. The term used for carriage of goods when points of origin and destination are
both within the sovereignty of UK is
A. ULD.
B. Classification rate.
C. Valuation charge.
D. Cabotage.
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Answer:D
220. The delivery of a damaged product has
A. An increase in its value.
B. A decrease in its value.
C. No change in its value.
D. Better demand.
Answer:B
221. The flow of work in process is
A. From a supplier to producer.
B. From the last production price to ultimate user.
C. Between the various production sub-system.
D. Between the various distribution channels.
Answer:C
222. The flow of information that facilitates co-ordination activities is
A. Forward information flow.
B. Backward information flow.
C. Upward information flow.
D. Downward information flow.
Answer:B
223. Unreliability of vendors leads to
A. Production uncertainty.
B. Process uncertainty.
C. Demand uncertainty.
D. Supply uncertainty.
Answer:D
224. The internal process leads to
A. Production uncertainty.
B. Process uncertainty.
C. Demand uncertainty.
D. Supply uncertainty.
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Answer:B
225. The uncertainty that could be reduced through forecasting techniques is
A. Production uncertainty.
B. Process uncertainty.
C. Demand uncertainty.
D. Supply uncertainty.
Answer:C
226. The number of stages that the goods and services flow through
A. Add to the complexity of SCM.
B. Relaxes the complexity of SCM.
C. Brings no change in complexity of SCM.
D. Ensures better quality.
Answer:A
227. The warehousing function that combines the logistical flow of several small
shipments to a specific market area is
A. Break bulk function.
B. Operational function.
C. Stockpiling function.
D. Consolidation function.
Answer:D
228. Cash on delivery method is normally used for
A. Bulk cargo with immediate market.
B. Slow moving items.
C. Small but valuable items sent by post.
D. Exports to countries with balance of payments problems.
Answer:C
229. An appropriate strategy to achieve timely, accurate, paperless information
flow is:
A. integrate this activity into all supply chain planning.
B. efficient store assortments.
C. revision of organization processes supported by information systems.
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D. efficient replacement.
Answer:C
230. An appropriate strategy to maximize efficiency of promotions is:
A. revision of organization processes supported by information systems.
B. efficient store assortments..
C. integrate this activity into all supply chain planning.
D. efficient replacement.
Answer:C
231. An appropriate strategy to optimize for time and cost in the ordering process
is:
A. efficient store assortments.
B. revision of organization processes supported by information systems.
C. integrate this activity into all supply chain planning.
D. efficient replacement.
Answer:D
232. An appropriate strategy to optimize the productivity of retail space and
inventory is:
A. efficient store assortments.
B. revision of organization processes supported by information systems.
C. integrate this activity into all supply chain planning.
D. efficient replacement.
Answer:A
233. The upstream supply chain is:
A. exclusively inside an organization.
B. involved with procurement of material from suppliers.
C. the distribution of products or delivery of services to customers.
D. both the first and third answer above.
Answer:B
234. The downstream supply chain is:
A. exclusively inside an organization.
B. involved with procurement of material from suppliers.
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C. the distribution of products or delivery of services to customers.
D. both the first and third answer above.
Answer:C
235. The correct sequence of an organizations supply chain from a systems
perspective is:
A. transformation process, delivery to customers, acquisition of resources.
B. transformation process, acquisition of resources, delivery to customers.
C. acquisition of resources, transformation process, delivery to customers.
D. delivery to customers, acquisition of resources, transformation process.
Answer:C
236. ______ offers the opportunity to buy direct from the supplier with reduced
costs and shorter cycle.
A. Reintermediation
B. Countermediation
C. Contramediation
D. Disintermediation
Answer:D
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