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True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes
more important capability.Correct Answer Applicability
Your Answer Applicability
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery date
Your Answer Goods received
True/FalseQuestion There are no international EDI standards. The user organization require to
develop it for their operation only.Correct Answer False
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up andCollection
Material Follow-up
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Is the tool for understandingissues of organizationaldecision making.
Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Simulation Is the tool for understandingissues of organizationaldecision making.
Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
System Is the facility or process ofinterest.
Is the tool used test the impactof strategic level decision haveon supply chain performance.
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/FalseQuestion The corporations production Kanban is the card which regulates the
suppliers production kanban.Correct Answer False
Your Answer True
Select The BlankQuestion The exponenti________y smoothed moving average takes into account All
of the previous observations.Correct Answer All
Your Answer Majority
Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed
in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero , Planning Period is 6 weeks
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished goods butthe focus is given to :-
Correct Answer End User
Your Answer End User
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to
reduce their :-Correct Answer Assets
Your Answer Non Core Activities
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the
planning period.Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Your Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
Your Answer Cycle counting , Control group cycle counting , Random cycle counting ,Physical inventory
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be
ordered is :-Correct Answer 135
Your Answer 150
Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with
order taking employees?Correct Answer Purchasing
Your Answer Logistics
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since
the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most
significant impact?Correct Answer Production
Your Answer Design
Multiple Choice Single Answer
Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-
Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/FalseQuestion The constant m is called smoothing constant in single exponentially
smoothing.Correct Answer True
Your Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of
item.Correct Answer Compare
Your Answer Predict
Select The BlankQuestion A further development of ________ performance measures is that a matrix
of indicators can be formulated to relate main process of Logistics to themajor long term goals.
Correct Answer Logistics
Your Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's
requirement, JIT has :Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
True/False
Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic
objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer , EDBMS
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system
Select The BlankQuestion The four key figures of logistics strategic environment are competition,
market served, technology and ________ satisfactionCorrect Answer Stake holder's
Your Answer Customer's
True/FalseQuestion Total productivity appears the only relevant productivity measure for decision
making purpose.Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the
factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products
Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?Correct Answer 1985
Your Answer 1980
Multiple Choice Single Answer
Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?
Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter
has to drive to and obtain a minor part?Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control
elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its
existing business?Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total
productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the
continuous total productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning
True/FalseQuestion The economic order quantity is the order quantity that minimizes
total cost.Correct Answer True
Your Answer True
Select The BlankQuestion The models that describe operational decisions are often very
________ in nature.Correct Answer Specific
Your Answer Specific
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Your Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cyclecounting
Your Answer Cycle counting , Control group cycle counting , Random cyclecounting
Multiple Choice Multiple Answer
Question The consequence of longer lead time will often be :-
Correct Answer Less Dependability , Reduce Production Facility , Higher LevelsOf Inventory
Your Answer Less Dependability , Reduce Production Facility , Higher LevelsOf Inventory
Multiple Choice Single AnswerQuestion Delaying the component production until shortly before demand
is known, may imply producing in :-Correct Answer Small batches
Your Answer Small batches
Match The FollowingQuestion Correct Answer Your Answer
Planned order release When we need to releasethe planned orders havingregard to lead timerequired
What we will receive eachperiod as a result ofplanned orders
Projected on hand What the inventory levelwill be if we produceaccording to plan above &demand forecast is correct
What we will each periodas a receive of purchasedorders
Projected net requirement What we will need in eachperiod to avoid stock outi.e. the orders that shouldbe placed in order to avoidsuch stock outs
When we need to releasethe planned orders havingregard to lead timerequired
Planned order receipt What we will receive eachperiod as a result ofplanned orders
What we will need in eachperiod to avoid stock outi.e. the orders that shouldbe placed in order to avoidsuch stock outs
Multiple Choice Single AnswerQuestion What was introduced by Toyoto to have a method of controlling
production in new environment?Correct Answer Kanban
Your Answer Kanban
Select The BlankQuestion All of the product, process & infrastructure changes ________
will have an impact on the knowledge & skills the employees willneed to posses.
Correct Answer Outlined
Your Answer Given
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory
for the organization?Correct Answer Common
Your Answer Common
Select The BlankQuestion ________ demand is converted into order information and
passed down through the supply chain to trigger product releaseto the customer.
Correct Answer End Consumer
Your Answer Market
True/FalseQuestion A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaul
Your Answer Major overhaul
Select The BlankQuestion Suppliers are ________ to JIT business.
Correct Answer Crucial
Your Answer Important
Select The BlankQuestion The value of m reflects the weight given to the current
observation in ________ the exponentially smoothed movingaverage for the specified period.
Correct Answer Calculating
Your Answer Finalizing
Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied
by the cost of:-Correct Answer Placing an order
Your Answer Placing an order
True/FalseQuestion Another aspect of Toyoto production system was reduction of
setup time.Correct Answer True
Your Answer True
True/FalseQuestion If you use only Transport Kanban in Kanban process then it is
known as simple Kanban process.Correct Answer True
Your Answer True
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer True
True/FalseQuestion Regardless of how inventory movement is accounted for, it must
be done correctly if accurate inventory records are to beachieved.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Which of the following is the cost in the supply contract?
Correct Answer Researching & negotiating
Your Answer Researching & negotiating
True/FalseQuestion Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer True
Select The BlankQuestion As compared to minimal cost strategy the level strategy is
________.Correct Answer Cheaper
Your Answer Simple
Match The FollowingQuestion Correct Answer Your Answer
Towill 1996 1996
Forrester 1960 1947
Amstel 1990 1960
Whiteoak 1994 1990
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is
the key for the effective :-Correct Answer Management
Your Answer Management
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated
plan for the :-Correct Answer Organisation
Your Answer Organisation
Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-
Correct Answer Modular Organization of work , Multi-skilling , On the job trainingprocedures
Your Answer Modular Organization of work , Multi-skilling , On the job trainingprocedures
True/FalseQuestion In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion In MRP II, the concentration is on planning of the manufacturing
resources like :-Correct Answer People , Machines , Storage
Your Answer People , Machines , Storage
Select The BlankQuestion BOM can have ________ levels.
Correct Answer Many
Your Answer Two
Multiple Choice Single AnswerQuestion Historically economic techniques/methods tend to have large
forecasting errors, for which term?Correct Answer Medium
Your Answer Short
Multiple Choice Multiple AnswerQuestion Following are the functions of EDI software :-
Correct Answer Interfacing with VADS , Trading Partner Database , Encryption ofEDI Message
Your Answer Interfacing with VADS , Trading Partner Database , Encryption ofEDI Message
Multiple Choice Single AnswerQuestion The concept of unfilled customer order as a measurement is
known as :-Correct Answer A backorder
Your Answer Reverse order
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of
longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination
Your Answer Speed it up , Restructure it , Change co-ordination
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had
positive effect on :-Correct Answer Logistic Cost , Customer satisfaction
Your Answer Logistic Cost , Customer satisfaction , Employee Morale
Select The BlankQuestion The purpose of the analysis is to discern some relationship
between Y1 values observed so far in order to ________ us toforecast future values of Y1.
Correct Answer Enable
Your Answer Enable
Multiple Choice Multiple AnswerQuestion EDI agreement Legal Aspects covers :-
Correct Answer Internet cyber law , Time that message will be retained ,Procedure for settling any dispute
Your Answer Time that message will be retained , Procedure for settling anydispute , Legal Jurisdiction for settling dispute
Select The BlankQuestion In the MRP package referred in the example, the entry of
capacity data is to see if we are________ production capacity.Correct Answer Exceeding
Your Answer Meeting
Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans
of several plants.Correct Answer Production
Your Answer Supply chain
Multiple Choice Single AnswerQuestion The Combination of integrated & Non-integrated measures may
allow PLAYER in supply chain to assess :-Correct Answer Chain as a whole
Your Answer Chain as a whole
Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to
production of specified quantity in Kanban?
Correct Answer Quantity was not met
Your Answer Quantity was not met
True/FalseQuestion Defects per million opportunities(DPMO) is concept of Four
Sigma.Correct Answer False
Your Answer True
True/FalseQuestion The visual record process is only a sub-process in Japanese
Kanban Management system.Correct Answer True
Your Answer False
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always
received order information from :-Correct Answer Consumer
Your Answer Wholesaler
Select The BlankQuestion Exponential smoothing can be viewed as forecast
continually________ by the forecast error just made.Correct Answer Updated
Your Answer Improved
LIST OF ATTEMPTED QUESTIONSAND ANSWERS
True/FalseQuestion The total cost in minimal cost
strategy is £ 63400.Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Poka-yoke Means foolproofmachines &method, so asto preventproductionmistake
Means foolproofmachines &method, so as topreventproductionmistake
Andon Means troublelights whichimmediatelysignals toproduction linethat there is aproblem to besolved
Means troublelights whichimmediatelysignals toproduction linethat there is aproblem to besolved
Jikoda Enablingmachines to beautonomous &able toautomaticallydetect defects
Enablingmachines to beautonomous &able toautomaticallydetect defects
Shojinka Means aworkforceflexible enoughto cope withchanges inproduction &using differentmachines
Means aworkforceflexible enoughto cope withchanges inproduction &using differentmachines
Multiple Choice Single AnswerQuestion As per the cost information, the
lot for lot rule can be derived forwhich particular item?
Correct Answer Least costly
Your Answer Economic one
Match The FollowingQuestion Correct Answer Your Answer
OrderProcessing
Material Follow-up
MaterialProcessing andSupply
Order Picking MaterialCollection
Material Follow-up andCollection
OrderConsolidation
Material Follow-up andCollection
Materialprocurement
Select The BlankQuestion All of the product, process &
infrastructure changes ________will have an impact on theknowledge & skills theemployees will need to posses.
Correct Answer Outlined
Your Answer Detailed
True/FalseQuestion Inventory Turns means turns
over per year for inventoryprocurement.
Correct Answer True
Your Answer True
True/FalseQuestion A two bin system is not
appropriate with many stockitems.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Key indicators on which
Japanese concentrate theirefforts on continuousimprovement Kaizen are :-
Correct Answer Quality , Price , Delivery
Your Answer Quality , Price , Delivery
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-
Correct Answer Short Term , Medium Term ,Long Term
Your Answer Short Term , Medium Term ,Long Term
True/FalseQuestion ODETTE is not applicable for
automobile industry.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion The location decision in supply
chain entities are concernedwith:-
Correct Answer Plants
Your Answer Transportation
Multiple Choice Single AnswerQuestion An example of multiple equation
method given in an economicmodel is the treasury model ofwhich economy?
Correct Answer UK
Your Answer UK
True/FalseQuestion For a fixed time re-order cycle
system, the time at risk is re-order lead time plus the re-ordercycle time.
Correct Answer True
Your Answer True
True/FalseQuestion By going beyond internal supply
chain & including externalsuppliers and customers doesnot expose opportunities for
improving internal operations.
Correct Answer False
Your Answer False
Select The BlankQuestion One of the ideas behind JIT is to
reduce fixed setup cost &variable holding cost to________ total cost
Correct Answer Drive down
Your Answer Reduce
Multiple Choice Single AnswerQuestion In 1996, the purchase of logistics
services by 3PL on behalf of theirclient in billion dollars was :-
Correct Answer 25
Your Answer 25
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a
task that can't be undertakenlightly, it will be expensive interms of :-
Correct Answer Management & effort , Initialimplementation , The continuingeffort to run the system
Your Answer Management & effort , Initialimplementation , The continuingeffort to run the system
Multiple Choice Multiple AnswerQuestion The changes to be made in
supply chain due to problem oflonger lead time is:-
Correct Answer Speed it up , Restructure it ,Change co-ordination
Your Answer Speed it up , Restructure it ,Change co-ordination
Select The BlankQuestion The third party providers who can
________ the need of transitionfrom their focus on productoriented services to newstrategies like long term business
partnerships will most likely enjoylong term success.
Correct Answer Meet
Your Answer Arrange
True/FalseQuestion In practice, the data items for
MPS will have normally samevalue in each week.
Correct Answer False
Your Answer True
Select The BlankQuestion The overtime cost per hour is
________ in minimal coststrategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Single AnswerQuestion The levels at which long term
decisions are made is :-Correct Answer Strategic
Your Answer Strategic
True/FalseQuestion MRP package can be used to
examine, meeting thepredetermined productionschedule for chairs.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Multiple Answer
Question Following are the parameters ofTransportation Metrics :-
Correct Answer Transit time , Outbound Freightcost , Freight Cost per unitshipped
Your Answer Transit time , Outbound Freightcost , Freight Cost per unitshipped
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning
and Manufacturing along thesupply chain operate :-
Correct Answer Independently
Your Answer Independently
Multiple Choice Single AnswerQuestion In the supply chain , Material
flows :-Correct Answer Downstream
Your Answer Downstream
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected netrequired , Planned order Release, Projected sales
Your Answer Scheduled receipt , Projected netrequired , Planned order Release, Projected sales
Multiple Choice Multiple AnswerQuestion Risk a stock out can be faced
because of :-Correct Answer Delay in resupply , Higher than
anticipated usage , Unpredictabledemand
Your Answer Delay in resupply , Higher thananticipated usage , Unpredictabledemand
Select The BlankQuestion The cheapest solution is to
simply ________ backorders tobuilt up over the planning period.
Correct Answer Allow
Your Answer Let
Multiple Choice Single AnswerQuestion In the field of IT enabled Supply
Chain, "TPS" means:-Correct Answer Transaction Processing system
Your Answer Transaction Processing system
Multiple Choice Single AnswerQuestion How does aggregate plan
created by master productionschedule become extremelydetailed plan?
Correct Answer MRP translates it
Your Answer MRP translates it
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total
productivity, for output theyembrace :-
Correct Answer Quantity , Quality , Delivery
Your Answer Quantity , Quality , Delivery
Select The BlankQuestion By being able to postpone the
production to the point where________ is better known, thecompany can greatly improve itsforecasting abilities.
Correct Answer Demand
Your Answer Needs
Select The BlankQuestion Category C items are relatively
unimportant inventory items &are responsible for ________%of inventory cost.
Correct Answer 5
Your Answer 5
Multiple Choice Multiple Answer
Question The inventory control systemsare :-
Correct Answer Two bin , Re-order cycle , Annualdemand
Your Answer Two bin , Re-order cycle ,Monthly demand
Multiple Choice Single AnswerQuestion How many levels the supply
chain management is divided into?
Correct Answer Three
Your Answer Three
Select The BlankQuestion ________ is only the
management philosophy whichhelps organisation to move fromone step to another.
Correct Answer Benchmarking
Your Answer Benchmarking
True/FalseQuestion General Co-ordination is the
integration of different function,i.e. production planning,purchasing, sales anddistribution.
Correct Answer True
Your Answer False
Multiple Choice Single AnswerQuestion Which is the tool Available with
the industry to learn the businessoutside to plan the policy forsuccess?
Correct Answer Benchmarking
Your Answer TQM
Multiple Choice Single AnswerQuestion In the Supply Chain approach the
example for the Individual set ofBusiness activities is the :-
Correct Answer Logistics Activities
Your Answer Logistics Activities
Multiple Choice Single AnswerQuestion The co-ordination between
various players in the supplychain is the key for the effective:-
Correct Answer Management
Your Answer Operation
Multiple Choice Single AnswerQuestion While still maintaining high
service level, the objective ofsupply chain manager forinventory is to :-
Correct Answer Decrease it
Your Answer Make Zero
Multiple Choice Single AnswerQuestion Spares stationery, consumable
etc. are what type of inventory forthe organization?
Correct Answer Common
Your Answer Common
Select The BlankQuestion ODETTE an EDI Format is
developed & used by________motor Industry.
Correct Answer European
Your Answer European
True/FalseQuestion The measures suggested by
Balloy have limited application,mainly at the strategic rather thatoperational level.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question The factors likely to generatefuture business are :-
Correct Answer Integrated Logistics Function ,Expertise In Information System
Your Answer Integrated Logistics Function ,Expertise In Information System ,Specialized Logistics Function
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes
more important capability.Correct Answer Applicability
Your Answer Applicability
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery date
Your Answer Goods received
True/FalseQuestion There are no international EDI standards. The user organization require to
develop it for their operation only.Correct Answer False
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up andCollection
Material Follow-up
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Is the tool for understandingissues of organizationaldecision making.
Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Simulation Is the tool for understandingissues of organizationaldecision making.
Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
System Is the facility or process ofinterest.
Is the tool used test the impactof strategic level decision haveon supply chain performance.
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/FalseQuestion The corporations production Kanban is the card which regulates the
suppliers production kanban.Correct Answer False
Your Answer True
Select The BlankQuestion The exponenti________y smoothed moving average takes into account All
of the previous observations.Correct Answer All
Your Answer Majority
Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed
in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero , Planning Period is 6 weeks
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished goods butthe focus is given to :-
Correct Answer End User
Your Answer End User
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to
reduce their :-Correct Answer Assets
Your Answer Non Core Activities
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the
planning period.Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Your Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
Your Answer Cycle counting , Control group cycle counting , Random cycle counting ,Physical inventory
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be
ordered is :-Correct Answer 135
Your Answer 150
Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with
order taking employees?Correct Answer Purchasing
Your Answer Logistics
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since
the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most
significant impact?Correct Answer Production
Your Answer Design
Multiple Choice Single Answer
Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-
Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/FalseQuestion The constant m is called smoothing constant in single exponentially
smoothing.Correct Answer True
Your Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of
item.Correct Answer Compare
Your Answer Predict
Select The BlankQuestion A further development of ________ performance measures is that a matrix
of indicators can be formulated to relate main process of Logistics to themajor long term goals.
Correct Answer Logistics
Your Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's
requirement, JIT has :Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
True/False
Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic
objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer , EDBMS
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system
Select The BlankQuestion The four key figures of logistics strategic environment are competition,
market served, technology and ________ satisfactionCorrect Answer Stake holder's
Your Answer Customer's
True/FalseQuestion Total productivity appears the only relevant productivity measure for decision
making purpose.Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the
factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products
Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?Correct Answer 1985
Your Answer 1980
Multiple Choice Single Answer
Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?
Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter
has to drive to and obtain a minor part?Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control
elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its
existing business?Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total
productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day
Multiple Choice Single Answer
Question What is the meaning of EDIFACT ?
Correct Answer Electronic Data Interchanged for Administration , Commerce &Transport
Your Answer Electronic Data Interchanged for Administration , CorporateTechnology
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with
disruption.Correct Answer Contingency
Your Answer Improvement
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most
significant impact?Correct Answer Production
Your Answer Design
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersedeX 12 , Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersedeX 12 , Promoted as world ADI Standard
Multiple Choice Single AnswerQuestion What is required to facilitate logistics process of quickly moving
material on numerous work stations on the production line?Correct Answer Clean & well organized environment
Your Answer Good material movement system
Select The BlankQuestion Once we have all the information we should be able to ________ in
terms of when to place order with suppliers.Correct Answer Calculate
Your Answer Prepare
Multiple Choice Single AnswerQuestion The cost of oversupply is high in case of highly customized end
products as it is difficult to find for them:-Correct Answer The alternative uses
Your Answer The alternative suppliers
Multiple Choice Single Answer
Question The American National standards which are developed for replacingvarious sector standards is known as:-
Correct Answer ANSI X 12
Your Answer ANSI X 12
Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-
Correct Answer How many centers to have? , Location of centres , Size of centres
Your Answer Location of centres , Size of centres , To which GM plant centres willsend?
Match The FollowingQuestion Correct Answer Your Answer
The impact of postponementof coloration until thecustomer uses the product
Significant value wascreated in value chain &manufacturing cost & safetystock both decreased
Carry out more varietywithout increasing inventory
The impact of postponementin case of PC company
Inventory was cut to half Carry out more variety byslightly increasing inventory
The impact of postponementof customization of printer toDC areas
Decrease in inventory madeup for the increased cost increating some assemblyfunction at DC level
Decrease in inventory madeup for the increased cost increating some assemblyfunction at DC level
The impact of postponementin RPAG
Carry out more varietywithout increasing inventory
Significant value was createdin value chain & safety stockalso decreases partially
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always
received order information from :-Correct Answer Consumer
Your Answer Distributor
Multiple Choice Single AnswerQuestion The term productivity is often ill-defined but basically, it's measurement
is that of a prescribed output to the resources :-Correct Answer Consumed
Your Answer Used
Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-
Correct Answer Downstream
Your Answer Downstream
True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five
years.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion In the current business scenario Indian organisations require to
improve customer service to become perfect in :-Correct Answer Customer centric process
Your Answer Business Analysis
True/FalseQuestion In an ideal world we would like a forecasting method for which all
errors are near zero.Correct Answer False
Your Answer True
Select The BlankQuestion Simple method for Time series forecasting is to take a ________
Average.Correct Answer Moving
Your Answer Non Weighted Moving
Multiple Choice Multiple AnswerQuestion The globalization has forced local companies to improve following:-
Correct Answer Manufacturing Practices , Supply Chain Management , InventoryLevels and Distribution Capabilities
Your Answer Distribution Network , Supply Chain Management , Inventory Levelsand Distribution Capabilities
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated
as ________.Correct Answer Cost saving centre
Your Answer Policy Matter
Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of seats are :-Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Select The Blank
Question The realistic ________ demonstrate the benefits of a holistic view ofsupply chain information flow.
Correct Answer Simulation Model
Your Answer Simulation Model
Select The BlankQuestion The mode choice aspect of transport decisions are more ________
ones, as they are closely linked with inventory decision.Correct Answer Strategic
Your Answer Locational
Select The BlankQuestion From the output by MRP package for chairs in the example, we are
advised to place an order for ________ legs in week 2.Correct Answer Overhead
Your Answer Overhead
True/FalseQuestion The constraints in multiple equation methods will probably be different
for different groups.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to
production of specified quantity in Kanban?Correct Answer Quantity was not met
Your Answer Quantity was made by replacing defective component
Select The BlankQuestion ________ is activity which is outsourced by most of Indian companies.
Correct Answer Warehousing
Your Answer Billing
Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?
Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Shared Vision , Capacity for Change , Outbound Training
Select The BlankQuestion Kanban process ________ focuses on the human factors of
production.
Correct Answer Indirectly
Your Answer Indirectly
True/FalseQuestion It would be impossible to find the minimum cost solution manually.
Correct Answer True
Your Answer False
True/FalseQuestion All forecasting methods require complex calculations and therefore are
ideally suited to be done by a computer.Correct Answer False
Your Answer True
Multiple Choice Multiple AnswerQuestion In SCM metrics, Training means :-
Correct Answer Inhouse training , APICS Membership , Certification Training
Your Answer Inhouse training , APICS Membership , Certification Training
True/FalseQuestion Incoming inventory is the receiving of the items, as a result of buying in
from external or internal suppliersCorrect Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of backs are :-Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 60 in week 4
Select The BlankQuestion If demand is known & steady, then ________ inventory can be
estimated.Correct Answer Average
Your Answer Final
True/FalseQuestion By going beyond internal supply chain & including external suppliers
and customers does not expose opportunities for improving internaloperations.
Correct Answer False
Your Answer True
Multiple Choice Multiple AnswerQuestion The competitive priorities in operations strategy are :-
Correct Answer Cost , Quality , Time
Your Answer Cost , Quality , Time
Multiple Choice Single AnswerQuestion In both marking stock and order, which cost is incurred?
Correct Answer Stock acquisition
Your Answer Stock acquisition
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches aremethods
Which facilitate concisereview & at the same timeattempt to accommodate theabove polarity.
Give guiding policies forstrategic decisions.
Rough cut methods giveguiding policies
For the operation decisions. Give normative models formore operator decisions.
Network design methods For the most part givenormative models for morestrategic decisions.
A comprehensive supplychain model can beanalyzed.
Simulation is the method bywhich
A comprehensive supplychain model can beanalyzed.
For the most part givenormative models for morestrategic decisions.
True/FalseQuestion Retailers are not interested in low stock run.
Correct Answer True
Your Answer False
Select The BlankQuestion ________ is only the management philosophy which helps
organisation to move from one step to another.Correct Answer Benchmarking
Your Answer Push Base system
Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-
Correct Answer Production & warehouse premises , Production equipment ,Information & IT system
Your Answer Production & warehouse premises , Production equipment , Supplies
Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace
inventory of :-Correct Answer Manufacturers , Suppliers , Customers
Your Answer Manufacturers , Suppliers , Distributors
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?
Correct Answer To provide for cause , To provide for corrective action , To provide forfuture action
Your Answer Measure the level of conformance to expectable , To provide forcorrective action , To provide for future action
Multiple Choice Multiple AnswerQuestion The problems faced by the HP DCs due to traditional system were :-
Correct Answer Large finished goods inventory , Additional stock to handle all theproduct proliferation , Increasing emphasize placed on speed
Your Answer Large finished goods inventory , Additional stock to handle all theproduct proliferation , Increasing emphasize placed on speed
True/FalseQuestion For a fixed time re-order cycle system, the time at risk is re-order lead
time plus the re-order cycle time.Correct Answer True
Your Answer False
True/FalseQuestion There are no international EDI standards. The user organization
require to develop it for their operation only.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finishedgoods but the focus is given to :-
Correct Answer End User
Your Answer End User
Question The fire in 1997 forced Toyoto to embark upon review of________ that were sourced from single supplier.
Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final
production is reported, is known as :-Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Multiple Choice Single AnswerQuestion The minimum number of products unit in stock at the end of each
week corresponds to what type of stock in the case of unforeseendemand?
Correct Answer Safety
Your Answer Safety
True/FalseQuestion The marketing effort is somewhat restricted by the necessity to
sell leftover products following year.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to
control elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service
Select The BlankQuestion Paper or computer records require time to check ________
against recorder level.Correct Answer Stock
Your Answer Availability
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Your Answer What products to produce , Which plants to produce them , Whatproducts to sell
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for
the organization?Correct Answer Common
Your Answer Common
Select The BlankQuestion One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the majorcustomers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from
postponement, experiences a radically different picture in theirbusiness like :-
Correct Answer Demand with little or no uncertainty , Low value of short time tomarket , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short time tomarket , Low product proliferation
Multiple Choice Single AnswerQuestion What is the advantage of IT for monitoring the supply chain
performance?Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost
strategy.Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single AnswerQuestion Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following is required?Correct Answer TQM & JIT
Your Answer FMCG
True/False
Question Distribution & Warehousing comes under supply chainmeasurement.
Correct Answer True
Your Answer True
True/FalseQuestion The enriching the order decisions with market place information
enables the factory to be much more responsive, since lesssupply chain Filtering is taking place.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is
the key for the effective :-Correct Answer Management
Your Answer Management
Multiple Choice Single AnswerQuestion It is the requirement of Enriched supply chain players to cope up
with :-Correct Answer Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated
plan for the :-Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for
productivity and performance analysis is required for :-Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single Answer
Question Holding costs are expressed as a % of stock values. What is thepercentage?
Correct Answer 15% - 30%
Your Answer 20% - 30%
True/FalseQuestion The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.Correct Answer False
Your Answer True
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion The fire in 1997 forced Toyoto to embark upon review of
________ that were sourced from single supplier.Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final
production is reported, is known as :-Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Select The BlankQuestion The geographic placement of production facility, stocking
points & sourcing is the ________ step in creating supplychain.
Correct Answer First
Your Answer First
True/FalseQuestion Regardless of how inventory movement is accounted for, it
must be done correctly if accurate inventory records are to beachieved.
Correct Answer True
Your Answer True
Select The BlankQuestion The basic operators framework ________ that there is a link
between capabilities & strategy on one hand & capabilities &resources & infrastructure on the other hand.
Correct Answer Implies
Your Answer Implies
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the
company's strategic objectives. In this measurements usuallycovers :-
Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of
longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination
Your Answer Speed it up , Restructure it , Change co-ordination
True/FalseQuestion JIT need to be applied to all stages of process.
Correct Answer True
Your Answer True
Select The BlankQuestion Outsourcing is not without risks, in fact the benefits are
________ more transparent with risks Often being hiddeninitially.
Correct Answer Often
Your Answer Mostly
Select The BlankQuestion The multi plant co-ordination is to coordinate the ________
plans of several plants.Correct Answer Production
Your Answer Distribution
Select The BlankQuestion The real benefits of Kanban will not be ________ until the
auto-industry moves into a mixed production.Correct Answer Realized
Your Answer Utilized
True/False
Question Defects per million opportunities(DPMO) is concept of FourSigma.
Correct Answer False
Your Answer True
True/FalseQuestion The economic order quantity is the order quantity that
minimizes total cost.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion EDI agreement Legal Aspects covers :-
Correct Answer Internet cyber law , Time that message will be retained ,Procedure for settling any dispute
Your Answer Time that message will be retained , Procedure for settlingany dispute , Legal Jurisdiction for settling dispute
True/FalseQuestion There may be a temptation to dismiss the Kaizen concept
particularly suited to Japanese mentality.Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Product Champion Andraski Poul Jonh
Pull & Push conceptdiscussion
Hoeskstra & Romme Andraski
Simulation Model Sterman Glazer
Player concept Forrester(1960) Forrester(1960)
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided
into ?Correct Answer Three
Your Answer Four
True/FalseQuestion If the supply chain do not track uncertainties than it leads to
non optimal stocking levels.Correct Answer True
Your Answer True
Select The BlankQuestion The enrichment mechanism is an ________ point of sales
link.Correct Answer Electronic
Your Answer Critical
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Management
Match The FollowingQuestion Correct Answer Your Answer
Other Unit productioncost
The cost of production ofone unit of the productthat is not accounted inemployee cost.
The cost of holding oneunit in stock at the end ofeach Month.
Hiring cost The cost of hiring anemployee.
The cost of hiring anemployee.
Unit inventory holdingcost
The cost of holding oneunit in stock at the end ofeach period.
The cost of production ofone unit of the productthat is not accounted inemployee cost.
Unit subcontracting cost The cost of each unitbought from externalsource.
The cost of holding oneunit procured fromexternal source at the endof each period.
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the
supply chain operate :-Correct Answer Independently
Your Answer Independently
Multiple Choice Single Answer
Question The supply chain management is compared by " Cooper andEllram" with :-
Correct Answer Relay Team
Your Answer Long Distance Runner
Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-
Correct Answer Modular Organization of work , Multi-skilling , On the jobtraining procedures
Your Answer Modular Organization of work , Multi-skilling , Minimum levelof quality to satisfy customers
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of
supply chain manager for inventory is to :-Correct Answer Decrease it
Your Answer Decrease it
Multiple Choice Single AnswerQuestion The minimum number of products unit in stock at the end of
each week corresponds to what type of stock in the case ofunforeseen demand?
Correct Answer Safety
Your Answer Safety
True/FalseQuestion The marketing effort is somewhat restricted by the necessity
to sell leftover products following year.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to
control elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service
Select The Blank
Question Paper or computer records require time to check ________against recorder level.
Correct Answer Stock
Your Answer Availability
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Your Answer What products to produce , Which plants to produce them ,What products to sell
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of
inventory for the organization?Correct Answer Common
Your Answer Common
Select The BlankQuestion One of the factors behind Japanese success story as
geographic proximity and that suppliers are often ________around the major customers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from
postponement, experiences a radically different picture intheir business like :-
Correct Answer Demand with little or no uncertainty , Low value of short timeto market , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short timeto market , Low product proliferation
Multiple Choice Single AnswerQuestion What is the advantage of IT for monitoring the supply chain
performance?Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost
strategy.Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single AnswerQuestion Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following isrequired?
Correct Answer TQM & JIT
Your Answer FMCG
True/FalseQuestion Distribution & Warehousing comes under supply chain
measurement.Correct Answer True
Your Answer True
True/FalseQuestion The enriching the order decisions with market place
information enables the factory to be much more responsive,since less supply chain Filtering is taking place.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply
chain is the key for the effective :-Correct Answer Management
Your Answer Management
Multiple Choice Single AnswerQuestion It is the requirement of Enriched supply chain players to cope
up with :-Correct Answer Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single
integrated plan for the :-Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for
productivity and performance analysis is required for :-Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single AnswerQuestion Holding costs are expressed as a % of stock values. What is
the percentage?Correct Answer 15% - 30%
Your Answer 20% - 30%
True/FalseQuestion The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.Correct Answer False
Your Answer True
SUPPLY CHAIN MANAGEMENTSemester IV
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain
Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult to forecast on product
basis :-Correct Answer The demandYour Answer The demand
Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with :-Correct Answer Relay TeamYour Answer Relay Team
True/FalseQuestion All forecasting methods require complex calculations and therefore are ideally suited to
be done by a computer.Correct Answer FalseYour Answer True
True/FalseQuestion The measures suggested by Balloy have limited application, mainly at the strategic
rather that operational level.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven, coordinated with actual
customer demand?Correct Answer Pull Base SystemYour Answer Push Base system
Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
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True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.Correct Answer FalseYour Answer False
Select The BlankQuestion In the MRP package referred in the example, the entry of capacity data is to see if we
are________ production capacity.Correct Answer ExceedingYour Answer Not meeting
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed
times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable
supplyYour Answer Safety stock , Operational responsiveness , Level of risk involved given variable
supply
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical
Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time
Select The BlankQuestion One of the factors behind Japanese success story as geographic proximity and that
suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in
terms of :-Correct Answer Management & effort , Initial implementation , The continuing effort to run the
systemYour Answer Management & effort , Initial implementation , The continuing effort to run the
system
Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the company to realize
their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately
True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False
Multiple Choice Single Answer
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Question To provide an adequate support what will be need to do with information system?Correct Answer Major overhaulYour Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used , coding system
Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is mainly based on:-Correct Answer Decision MakingYour Answer Data Structure
Match The FollowingQuestion Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.16
Director/GM participation in SCM activity 0.28 0.28
Vice President participation in SCM activity 0.17 0.17
President participation in SCM activity 0.14 0.14
True/FalseQuestion In the supply chain, a team of four player, retailer, distributor, warehouse, factory is
require to get involved for the success.Correct Answer TrueYour Answer True
True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely
detailed plan?Correct Answer MRP translates itYour Answer MRP translates it
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those requirements,
the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for the organization?Correct Answer CommonYour Answer Common
Multiple Choice Multiple Answer
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Question The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term
True/FalseQuestion The globalization of supply chain does not change the requirement within supply chain
management.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
True/FalseQuestion If the supply chain do not track uncertainties than it leads to non optimal stocking levels.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?Correct Answer To provide for cause , To provide for corrective action , To provide for future
actionYour Answer Measure the level of conformance to expectable , To provide for cause , To provide
for corrective action
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement, experiences a
radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low
product proliferationYour Answer Low value of short time to market , Low product proliferation , Medium inventory
value
Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators
can be formulated to relate main process of Logistics to the major long term goals.Correct Answer LogisticsYour Answer Distribution
True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type of Average squared
error?Correct Answer LowestYour Answer Zero
Select The BlankQuestion The indirect cost increase has the consequent ________ the infrastructure & resources.Correct Answer Impacts on
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Your Answer Effects on
Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996
Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are
Less responsive to change in demand.Correct Answer LessYour Answer Less
Match The FollowingQuestion Correct Answer Your Answer
Stock out ratio Is comparison of % of demand actually satisfied with the defined service Iscomparison of % of demand actually satisfied with the defined service
Lead time Is the time between a replenishment need arising & new deliveries being ready for use Isthe time between a replenishment need arising & new deliveries being ready for use
Inventory service level Is % probability of stock availability to meet demands Is % probability ofstock availability to meet demands
ABC Analysis Can be used to classify stock groups Can be used to classify stock groups
Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order
QuantityYour Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production
levels
Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by which methods?Correct Answer Just in timeYour Answer Just in time
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook PC on same day as
receipt of order, the company has to maintain significant amount of inventory.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
reduced , Continuous improvement always striving to improve
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes more
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important capability.Correct Answer ApplicabilityYour Answer Applicability
Select The BlankQuestion Japanese logistics performance and its ________ are paramount priorities in their
business environment.Correct Answer EffectivenessYour Answer Effectiveness
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.Correct Answer ContingencyYour Answer Contingency
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Supply chain Management 1LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary
Match The FollowingQuestion Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy
Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied
Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery
Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested
Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle Time
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single
integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date
Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit
shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit
shipped
True/FalseQuestion The effect of buying discount / price breaks does need to be
calculated additionally.Correct Answer FalseYour Answer True
True/FalseQuestion The advantage of using moving average for forecasting is that in
calculating the average all the observations are given equal weightage.Correct Answer TrueYour Answer True
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Page 1
Supply chain Management 1Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle
countingYour Answer Control group cycle counting , Random cycle counting
Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused
at a particular segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the
key for the effective :-Correct Answer ManagementYour Answer Management
Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant
of the following?Correct Answer KanbanYour Answer Kanban
True/FalseQuestion Customer satisfaction through quality must be balanced against
environmental impact & strain on the workforce.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Industrial dynamics Burbidge Van Amstel
Select The BlankQuestion We have criteria for ________ forecasts, however generalized they
are.Correct Answer DistinguishingYour Answer Comparing
Select The BlankQuestion According the example, for minimal cost, the number of initial
workers considered is ________Correct Answer 10Your Answer 9
Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in
inventory problems what will be its effect on Inventory Carrying and Orderingcost?Correct Answer It will be optimizedYour Answer It will be reduced
Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the
example given?Correct Answer 5
Page 2
Supply chain Management 1Your Answer 6
Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from
corporate vision as a :-Correct Answer PyramidYour Answer Pyramid
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always
received order information from :-Correct Answer ConsumerYour Answer Consumer
Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the
flow of item through the production process , A push processYour Answer A signal or message of communication , Used to control the flow
of item through the production process , A push process
True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True
Select The BlankQuestion ________ is only the management philosophy which helps organisation
to move from one step to another.Correct Answer BenchmarkingYour Answer Benchmarking
Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in
forecasting, vary from high to low?Correct Answer QualitativeYour Answer Qualitative
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they
embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities
Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in
better management of :-Correct Answer Cash flowYour Answer Production
Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive
effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events
Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable
Page 3
Supply chain Management 1holding cost to ________ total costCorrect Answer Drive downYour Answer Minimise
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's
strategic objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer
True/FalseQuestion The impact of indirect cost increase is sometimes not limited to
company implementing postponement, but affects the other players in the supplychain.Correct Answer TrueYour Answer False
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead
time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be
treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them ,
Allocation of Suppliers to plantsYour Answer What products to produce , Which plants to produce them ,
Allocation of Suppliers to plants
True/FalseQuestion The economic order quantity is the order quantity that minimizes
total cost.Correct Answer TrueYour Answer True
True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False
Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent
Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost /
demand data is ________ accurate.Correct Answer ReasonablyYour Answer Completely
Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value
Page 4
Supply chain Management 1Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply
chain, is known as :-Correct Answer PipelineYour Answer Chainline
Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower
stocks , Orders can not be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability ,
Facilitate lower stocks
Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link
Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods,
some of the options are :-Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees
True/FalseQuestion The key point about structural information is that it changes
relatively infrequently.Correct Answer TrueYour Answer True
Page 5
Supply chain Management 2LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for
Supply chain Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult
to forecast on product basis :-Correct Answer The demandYour Answer The demand
Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with
:-Correct Answer Relay TeamYour Answer Relay Team
True/FalseQuestion All forecasting methods require complex calculations and therefore
are ideally suited to be done by a computer.Correct Answer FalseYour Answer True
True/FalseQuestion The measures suggested by Balloy have limited application, mainly at
the strategic rather that operational level.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven,
coordinated with actual customer demand?Correct Answer Pull Base SystemYour Answer Push Base system
Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.
Correct Answer FalseYour Answer False
Select The BlankQuestion In the MRP package referred in the example, the entry of capacity
data is to see if we are________ production capacity.Correct Answer ExceedingYour Answer Not meeting
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and
variable quantity at fixed times has implications for :-Page 1
Supply chain Management 2Correct Answer Safety stock , Operational responsiveness , Level of risk
involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk
involved given variable supply
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical
Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery
date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time
Select The BlankQuestion One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly,
it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing
effort to run the systemYour Answer Management & effort , Initial implementation , The continuing
effort to run the system
Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the
company to realize their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately
True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaulYour Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network
that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used ,
coding system
Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is
mainly based on:-Correct Answer Decision MakingYour Answer Data Structure
Match The FollowingQuestion Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.16
Director/GM participation in SCM activity 0.28 0.28
Vice President participation in SCM activity 0.17 0.17Page 2
Supply chain Management 2
President participation in SCM activity 0.14 0.14
True/FalseQuestion In the supply chain, a team of four player, retailer, distributor,
warehouse, factory is require to get involved for the success.Correct Answer TrueYour Answer True
True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates itYour Answer MRP translates it
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet
those requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for
the organization?Correct Answer CommonYour Answer Common
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term
True/FalseQuestion The globalization of supply chain does not change the requirement
within supply chain management.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look
at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
Index
True/FalseQuestion If the supply chain do not track uncertainties than it leads to non
optimal stocking levels.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle
counting?Correct Answer To provide for cause , To provide for corrective action , To
provide for future actionYour Answer Measure the level of conformance to expectable , To provide for
cause , To provide for corrective action
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement,
Page 3
Supply chain Management 2experiences a radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time
to market , Low product proliferationYour Answer Low value of short time to market , Low product proliferation ,
Medium inventory value
Select The BlankQuestion A further development of ________ performance measures is that a
matrix of indicators can be formulated to relate main process of Logistics to themajor long term goals.Correct Answer LogisticsYour Answer Distribution
True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type
of Average squared error?Correct Answer LowestYour Answer Zero
Select The BlankQuestion The indirect cost increase has the consequent ________ the
infrastructure & resources.Correct Answer Impacts onYour Answer Effects on
Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996
Select The BlankQuestion In re-order level approach average stock levels stay more or
________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less
Match The FollowingQuestion Correct Answer Your Answer
Stock out ratio Is comparison of % of demand actually satisfied with the definedservice Is comparison of % of demand actually satisfied with the defined service
Lead time Is the time between a replenishment need arising & new deliveries beingready for use Is the time between a replenishment need arising & new deliveriesbeing ready for use
Inventory service level Is % probability of stock availability to meet demands Is% probability of stock availability to meet demands
ABC Analysis Can be used to classify stock groups Can be used to classify stockgroups
Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal
Level of Order QuantityYour Answer Setting Safety Stock level , Optimal Level of Order Quantity ,
Setting of production levels
Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by
which methods?Page 4
Supply chain Management 2Correct Answer Just in timeYour Answer Just in time
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook
PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering /
holding cost can be reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering /
holding cost can be reduced , Continuous improvement always striving to improve
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed
becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability
Select The BlankQuestion Japanese logistics performance and its ________ are paramount
priorities in their business environment.Correct Answer EffectivenessYour Answer Effectiveness
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with
disruption.Correct Answer ContingencyYour Answer Contingency
Page 5
SUPPLY CHAIN MANAGEMENTSemester IV
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary
Match The FollowingQuestion Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services with dependability andaccuracy It relates with the ability to perform the promised services with dependability and accuracy
Quality of operation This relates to customer requirement & needs being consistently satisfied Thisrelates to customer requirement & needs being consistently satisfied
Speed of operation This is efficient use of time from order to delivery This is efficient use of timefrom order to delivery
Capacity Utilization This is the measure related to a maximum of an organizations ability to providedemanded goods & service in the amount requested This is the measure related to a maximum of anorganizations ability to provide demanded goods & service in the amount requested
Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment
Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle
Time
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and
________.Correct Answer Requested delivery dateYour Answer Requested delivery date
Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped
True/FalseQuestion The effect of buying discount / price breaks does need to be calculated additionally.Correct Answer FalseYour Answer True
Page 1 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...
True/FalseQuestion The advantage of using moving average for forecasting is that in calculating the average
all the observations are given equal weightage.Correct Answer TrueYour Answer True
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle countingYour Answer Control group cycle counting , Random cycle counting
Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused at a particular
segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the
effective :-Correct Answer ManagementYour Answer Management
Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant of the following?Correct Answer KanbanYour Answer Kanban
True/FalseQuestion Customer satisfaction through quality must be balanced against environmental impact &
strain on the workforce.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Industrial dynamics Burbidge Van Amstel
Select The BlankQuestion We have criteria for ________ forecasts, however generalized they are.Correct Answer DistinguishingYour Answer Comparing
Page 2 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...
Select The BlankQuestion According the example, for minimal cost, the number of initial workers considered is
________Correct Answer 10Your Answer 9
Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in inventory problems what
will be its effect on Inventory Carrying and Ordering cost?Correct Answer It will be optimizedYour Answer It will be reduced
Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the example given?Correct Answer 5Your Answer 6
Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from corporate vision as a :-Correct Answer PyramidYour Answer Pyramid
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always received order
information from :-Correct Answer ConsumerYour Answer Consumer
Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the flow of item through
the production process , A push processYour Answer A signal or message of communication , Used to control the flow of item through
the production process , A push process
True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True
Select The BlankQuestion ________ is only the management philosophy which helps organisation to move from
one step to another.Correct Answer BenchmarkingYour Answer Benchmarking
Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in forecasting, vary from high to
low?Correct Answer QualitativeYour Answer Qualitative
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace :-
Page 3 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...
Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities
Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in better management of :-Correct Answer Cash flowYour Answer Production
Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events
Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to
________ total costCorrect Answer Drive downYour Answer Minimise
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In
this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer
True/FalseQuestion The impact of indirect cost increase is sometimes not limited to company implementing
postponement, but affects the other players in the supply chain.Correct Answer TrueYour Answer False
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre
Page 4 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them , Allocation of
Suppliers to plantsYour Answer What products to produce , Which plants to produce them , Allocation of Suppliers
to plants
True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True
True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False
Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent
Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost / demand data is
________ accurate.Correct Answer ReasonablyYour Answer Completely
Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value
Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply chain, is
known as :-Correct Answer PipelineYour Answer Chainline
Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not
be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability , Facilitate lower
stocks
Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication LinkYour Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods, some of the options
are :-
Page 5 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...
Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees
True/FalseQuestion The key point about structural information is that it changes relatively infrequently.Correct Answer TrueYour Answer True
Page 6 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...
scmSUPPLY CHAIN MANAGEMENT
Semester IV
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question Following results are possible only & only if organisation goes forSupply chain Priorities:-
Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery
Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
Multiple Choice Single Answer
Question Product lines with highly customized end product find it difficultto forecast on product basis :-
Correct Answer The demand
Your Answer The demand
Multiple Choice Single Answer
Question The supply chain management is compared by " Cooper and Ellram" with:-
Correct Answer Relay Team
Your Answer Relay Team
True/False
Question All forecasting methods require complex calculations and thereforeare ideally suited to be done by a computer.
Correct Answer False
Your Answer True
True/False
Question The measures suggested by Balloy have limited application, mainly atthe strategic rather that operational level.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Which is the system in which production is demand driven,Page 1
scmcoordinated with actual customer demand?
Correct Answer Pull Base System
Your Answer Push Base system
Select The Blank
Question BOM can have ________ levels.
Correct Answer Many
Your Answer Two
Multiple Choice Single Answer
Question Different machines were clustered together to eliminate :
Correct Answer Transportation of item
Your Answer Transportation of item
Multiple Choice Single Answer
Question How many levels the supply chain management is divided into ?
Correct Answer Three
Your Answer Three
True/False
Question Warehousing & Transportation are not at all related activity in SCM.
Correct Answer False
Your Answer False
Select The Blank
Question In the MRP package referred in the example, the entry of capacitydata is to see if we are________ production capacity.
Correct Answer Exceeding
Your Answer Not meeting
Multiple Choice Multiple Answer
Question Both the ordering system fixed quantity at variable times andvariable quantity at fixed times has implications for :-
Correct Answer Safety stock , Operational responsiveness , Level of riskinvolved given variable supply
Page 2
scmYour Answer Safety stock , Operational responsiveness , Level of risk
involved given variable supply
Multiple Choice Single Answer
Question The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Tactical
Multiple Choice Single Answer
Question The Gap between purchase order creation date and requested deliverydate is known as :-
Correct Answer Customer Order promised cycle time
Your Answer Customer Order promised cycle time
Select The Blank
Question One of the factors behind Japanese success story as geographicproximity and that suppliers are often ________ around the major customers.
Correct Answer Clustered
Your Answer Clustered
Multiple Choice Multiple Answer
Question Implementing JIT system is a task that can't be undertaken lightly,it will be expensive in terms of :-
Correct Answer Management & effort , Initial implementation , The continuingeffort to run the system
Your Answer Management & effort , Initial implementation , The continuingeffort to run the system
Multiple Choice Single Answer
Question Outsourcing to 3PL companies to world class standards allow thecompany to realize their anticipated benefits:-
Correct Answer Immediately
Your Answer Immediately
True/False
Question A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer FalsePage 3
scm
Multiple Choice Single Answer
Question To provide an adequate support what will be need to do withinformation system?
Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple Answer
Question The Technical Aspects of EDI agreement are :-
Correct Answer coding system , The EDI that is to be employed , The Networkthat is to be used
Your Answer The EDI that is to be employed , The Network that is to be used ,coding system
Multiple Choice Single Answer
Question The Data required for the IT application in the field of SCM ismainly based on:-
Correct Answer Decision Making
Your Answer Data Structure
Match The Following
Question Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.16
Director/GM participation in SCM activity 0.28 0.28
Vice President participation in SCM activity 0.17 0.17
President participation in SCM activity 0.14 0.14
True/False
Question In the supply chain, a team of four player, retailer, distributor,warehouse, factory is require to get involved for the success.
Correct Answer True
Page 4
scmYour Answer True
True/False
Question BOM is best thought of as divided interval levels.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question How does aggregate plan created by master production schedule becomeextremely detailed plan?
Correct Answer MRP translates it
Your Answer MRP translates it
Multiple Choice Multiple Answer
Question If we take chair figures from MPS as chair requirement and to meetthose requirements, the package will produced a detailed production plan for :-
Correct Answer Seats , Backs , Legs
Your Answer Seats , Backs , Legs
Multiple Choice Single Answer
Question Spares stationery, consumable etc. are what type of inventory forthe organization?
Correct Answer Common
Your Answer Common
Multiple Choice Multiple Answer
Question The category of forecasting are :-
Correct Answer Short Term , Medium Term , Long Term
Your Answer Short Term , Medium Term , Long Term
True/False
Question The globalization of supply chain does not change the requirementwithin supply chain management.
Correct Answer False
Your Answer False
Page 5
scmMultiple Choice Multiple Answer
Question The treasury equation refers to predict customer spending will lookat the factors like :-
Correct Answer Consumer Non Durable Spending , Unemployment Rate , InflationIndex
Your Answer Consumer Non Durable Spending , Unemployment Rate , InflationIndex
True/False
Question If the supply chain do not track uncertainties than it leads to nonoptimal stocking levels.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question When conformance is not achieved, what is the role of cyclecounting?
Correct Answer To provide for cause , To provide for corrective action , Toprovide for future action
Your Answer Measure the level of conformance to expectable , To provide forcause , To provide for corrective action
Multiple Choice Multiple Answer
Question Companies that would obviously gain very little from postponement,experiences a radically different picture in their business like :-
Correct Answer Demand with little or no uncertainty , Low value of short timeto market , Low product proliferation
Your Answer Low value of short time to market , Low product proliferation ,Medium inventory value
Select The Blank
Question A further development of ________ performance measures is that amatrix of indicators can be formulated to relate main process of Logistics to themajor long term goals.
Correct Answer Logistics
Your Answer Distribution
True/False
Question Logistics covers 90% cost of manufacturing.
Correct Answer False
Page 6
scmYour Answer False
Multiple Choice Single Answer
Question In any event, we prefer the forecasting method that gives which typeof Average squared error?
Correct Answer Lowest
Your Answer Zero
Select The Blank
Question The indirect cost increase has the consequent ________ theinfrastructure & resources.
Correct Answer Impacts on
Your Answer Effects on
Select The Blank
Question World class Logistics study is published in the year ________.
Correct Answer 1995
Your Answer 1996
Select The Blank
Question In re-order level approach average stock levels stay more or________ the same and are Less responsive to change in demand.
Correct Answer Less
Your Answer Less
Match The Following
Question Correct Answer Your Answer
Stock out ratio Is comparison of % of demand actually satisfied with the definedservice Is comparison of % of demand actually satisfied with the defined service
Lead time Is the time between a replenishment need arising & new deliveries beingready for use Is the time between a replenishment need arising & new deliveriesbeing ready for use
Inventory service level Is % probability of stock availability to meet demands Is% probability of stock availability to meet demands
Page 7
scm
ABC Analysis Can be used to classify stock groups Can be used to classify stockgroups
Multiple Choice Multiple Answer
Question The operational perspective in management of inventory level are :-
Correct Answer Deployment strategies , Setting Safety Stock level , OptimalLevel of Order Quantity
Your Answer Setting Safety Stock level , Optimal Level of Order Quantity ,Setting of production levels
Multiple Choice Single Answer
Question The data content & floors of stock record systems are needed bywhich methods?
Correct Answer Just in time
Your Answer Just in time
True/False
Question In order to meet the guarantee to customer for shipment of notebookPC on same day as receipt of order, the company has to maintain significantamount of inventory.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question JIT philosophy has following features :-
Correct Answer Elimination of waste in many forms , Belief that ordering /holding cost can be reduced , Continuous improvement always striving to improve
Your Answer Elimination of waste in many forms , Belief that ordering /holding cost can be reduced , Continuous improvement always striving to improve
Select The Blank
Question The strength of postponement lies in its wide ________ as speedbecomes more important capability.
Correct Answer Applicability
Your Answer Applicability
Select The Blank
Page 8
scmQuestion Japanese logistics performance and its ________ are paramount
priorities in their business environment.
Correct Answer Effectiveness
Your Answer Effectiveness
Select The Blank
Question Suppliers agree to give customer ________ plans to cope withdisruption.
Correct Answer Contingency
Your Answer Contingency
Page 9
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through
understanding of the requirement of :-Correct Answer Customer
Your Answer Production
Multiple Choice Single AnswerQuestion Almost 50% of Indian industries are using which of the following
concepts?Correct Answer TQM
Your Answer ERP
Multiple Choice Multiple AnswerQuestion JIT is :-
Correct Answer Top Down system , Centrally organized , Imposed productionsystem
Your Answer Top Down system , Centrally organized , Implementprocurement system
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for
Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue
Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high
criticality, must hold high levels of stock and thereby allowingsafety margins for :-
Correct Answer Delivery , Lead time , Demand Fluctuation
Your Answer Delivery , Lead time , Demand Fluctuation
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Strategic
True/FalseQuestion In SCM concept, there is no requirement of comparing factory
responses to market place set up input.Correct Answer False
Your Answer True
True/FalseQuestion All movements throughout the factory is controlled by Kanbans,
and since the Kanbans specify item precisely, no defects can betolerated.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for
major market places like:-Correct Answer America , Asia , Europe
Your Answer America , Asia , Europe
Select The BlankQuestion The primary purpose of inventory is to ________ against any
uncertainty that might exist in supply chain.Correct Answer Buffer
Your Answer Buffer
Match The FollowingQuestion Correct Answer Your Answer
Outgoing inventory Is predicted or expectedsales
Is the amount of inventoryon hand at end of planningperiod
Gross Requirement The forecast demand forthe item
Is predicted or expectedsales
Scheduled Receipt Any scheduled receiptfrom previous orders thatare currently beingprocessed
Any scheduled receipt fromprevious orders that arecurrently being processed
On hand inventory Is the amount of inventoryon hand at start ofplanning period
Is the amount of inventoryon hand at start of planningperiod
True/False
Question JIT/TQM are the tools for SCM.
Correct Answer True
Your Answer True
True/FalseQuestion In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.Correct Answer True
Your Answer True
True/FalseQuestion Postponement does guarantee win win situation under all
circumstance in spite of cost involved.Correct Answer True
Your Answer True
True/FalseQuestion Backorder means an unfilled customer order.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The information Enriched simulation Model is based on :-
Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Select The BlankQuestion In the MRP package referred in the example, the entry of
capacity data is to see if we are________ production capacity.Correct Answer Exceeding
Your Answer Not meeting
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production
schedule become extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches aremethods
Which facilitate concisereview & at the same timeattempt to accommodatethe above polarity.
For the most part givenormative models for morestrategic decisions.
Rough cut methods giveguiding policies
For the operationdecisions.
Give guiding policies forstrategic decisions.
Network design methods For the most part givenormative models formore strategic decisions.
For the operationdecisions.
Simulation is the methodby which
A comprehensive supplychain model can beanalyzed.
Give normative models formore operator decisions.
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?
Correct Answer Three
Your Answer Three
Select The BlankQuestion The geographic placement of production facility, stocking points
& sourcing is the ________ step in creating supply chain.Correct Answer First
Your Answer Fifth
Select The BlankQuestion The integration will make each unit of organization understand
how the action will impact other parts of & enabling it to choosealternative that ________ the organization goal.
Correct Answer Optimize
Your Answer Satisfy
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken
lightly, it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing
effort to run the systemYour Answer Management & effort , Initial implementation , The continuing
effort to run the system
Select The Blank
Question BOMs are structural ________ that changes relativelyinfrequently.
Correct Answer Information
Your Answer Items
Select The BlankQuestion The models that describe operational decisions are often very
________ in nature.Correct Answer Specific
Your Answer Specific
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Intermediate and Finished products
True/FalseQuestion Regardless of how inventory movement is accounted for, it must
be done correctly if accurate inventory records are to beachieved.
Correct Answer True
Your Answer True
Select The BlankQuestion Paper or computer records require time to check ________
against recorder level.Correct Answer Stock
Your Answer Inventory
Multiple Choice Single AnswerQuestion The location decision in supply chain entities are concerned
with:-Correct Answer Plants
Your Answer Inventories
Multiple Choice Single AnswerQuestion An example of multiple equation method given in an economic
model is the treasury model of which economy?Correct Answer UK
Your Answer US
Select The BlankQuestion The recent development within information technology and
software Engineering gives ________ opportunity for Integrationand Co-ordination.
Correct Answer Unprecedented
Your Answer Unbelievable
Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied
by the cost of:-Correct Answer Placing an order
Your Answer Placing an order
Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to
have fixed period as possible to have market driven :-Correct Answer Production
Your Answer Production
Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered
are :-Correct Answer Full Regular Time capacity , No over time Planning , No
SubcontractingYour Answer Full Regular Time capacity , No Subcontracting , No Machine
Addition.
Select The BlankQuestion As compared to minimal cost strategy the level strategy is
________.Correct Answer Cheaper
Your Answer Cheaper
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-
Correct Answer Short Term , Medium Term , Long Term
Your Answer Short Term , Medium Term , Long Term
True/False
Question A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer True
Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Multiple AnswerQuestion The inventory control systems are :-
Correct Answer Two bin , Re-order cycle , Annual demand
Your Answer Two bin , Re-order cycle , Monthly demand
True/FalseQuestion The key point about structural information is that it changes
relatively infrequently.Correct Answer True
Your Answer True
Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift
towards ________ of responsibility.Correct Answer Decentralization
Your Answer Delegation
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be
treated as ________.Correct Answer Cost saving centre
Your Answer Cost saving centre
True/FalseQuestion JIT need to be applied to all stages of process.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of
the value flow across the :-Correct Answer Supply chain
Your Answer Supply chain
Multiple Choice Multiple AnswerQuestion The data entered for the problem scenario are :-
Correct Answer Planning Resources Name , Capacity Unit of PlanningResourcing , Capacity Requirement per Product
Your Answer Capacity Unit of Planning Resourcing , Capacity Requirementper Product , Total Number of Planning Resources
Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated
with CBI/DTI ________ sourcing initiative.Correct Answer partnership
Your Answer partnership
scm1SUPPLY CHAIN MANAGEMENT
Semester IV
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question Suppliers are ________ to JIT business.
Correct Answer Crucial
Your Answer Necessary
Match The Following
Question Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy
Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied
Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery
Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested
Multiple Choice Multiple Answer
Question Following are some of the tools for Supply Chain Measurement :-
Correct Answer Cash to cash cycle time , Supply Chain cycle Time , InventoryReplenishment Cycle Time
Your Answer Cash to cash cycle time , Supply Chain cycle Time , InventoryReplenishment Cycle Time
Multiple Choice Single Answer
Question The result of all the factors is that there is not a singleintegrated plan for the :-
Page 1
scm1
Correct Answer Organisation
Your Answer Supply Chain Management
Select The Blank
Question Customer order promised cycle time is gap between the purchase ordercreation and ________.
Correct Answer Requested delivery date
Your Answer Requested delivery date
Multiple Choice Multiple Answer
Question Following are the parameters of Transportation Metrics :-
Correct Answer Transit time , Outbound Freight cost , Freight Cost per unitshipped
Your Answer Transit time , Outbound Freight cost , Freight Cost per unitshipped
True/False
Question The effect of buying discount / price breaks does need to becalculated additionally.
Correct Answer False
Your Answer True
True/False
Question The advantage of using moving average for forecasting is that incalculating the average all the observations are given equal weightage.
Correct Answer True
Your Answer True
True/False
Question Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cyclePage 2
scm1counting
Your Answer Control group cycle counting , Random cycle counting
Multiple Choice Single Answer
Question Total cost of Ownership & direct Product Profitability are focusedat a particular segment of chain intended to be used for :-
Correct Answer Chain wide Management
Your Answer Chain wide Management
Multiple Choice Single Answer
Question The co-ordination between various players in the supply chain is thekey for the effective :-
Correct Answer Management
Your Answer Management
Multiple Choice Single Answer
Question Within the production field, which process is the most significantof the following?
Correct Answer Kanban
Your Answer Kanban
True/False
Question Customer satisfaction through quality must be balanced againstenvironmental impact & strain on the workforce.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Page 3
scm1Industrial dynamics Burbidge Van Amstel
Select The Blank
Question We have criteria for ________ forecasts, however generalized theyare.
Correct Answer Distinguishing
Your Answer Comparing
Select The Blank
Question According the example, for minimal cost, the number of initialworkers considered is ________
Correct Answer 10
Your Answer 9
Multiple Choice Single Answer
Question If the demand forecast is more accurate which will result ininventory problems what will be its effect on Inventory Carrying and Orderingcost?
Correct Answer It will be optimized
Your Answer It will be reduced
Multiple Choice Single Answer
Question By not ordering chairs, we reach a stock out by which week in theexample given?
Correct Answer 5
Your Answer 6
Multiple Choice Single Answer
Question Mr. Lunch cross show performance which is filtered down fromcorporate vision as a :-
Correct Answer Pyramid
Your Answer Pyramid
Multiple Choice Single Answer
Question In a traditional informational pipeline supply chain player alwaysreceived order information from :-
Correct Answer ConsumerPage 4
scm1
Your Answer Consumer
Multiple Choice Multiple Answer
Question Kanban is :-
Correct Answer A signal or message of communication , Used to control theflow of item through the production process , A push process
Your Answer A signal or message of communication , Used to control the flowof item through the production process , A push process
True/False
Question The total cost in minimal cost strategy is £ 63400.
Correct Answer True
Your Answer True
Select The Blank
Question ________ is only the management philosophy which helps organisationto move from one step to another.
Correct Answer Benchmarking
Your Answer Benchmarking
Multiple Choice Single Answer
Question In which technique when applied to the use of numbers inforecasting, vary from high to low?
Correct Answer Qualitative
Your Answer Qualitative
Multiple Choice Multiple Answer
Question In the Japanese concept of total productivity, for output theyembrace :-
Correct Answer Quantity , Quality , Delivery
Your Answer Quality , Delivery , Facilities
Multiple Choice Single Answer
Question If the material requirement plan is accurate, then it results inbetter management of :-
Correct Answer Cash flow
Your Answer ProductionPage 5
scm1
Select The Blank
Question Kanban process ________ focuses on the human factors of production.
Correct Answer Indirectly
Your Answer Directly
Multiple Choice Multiple Answer
Question The majority of companies said that using 3 PL services had positiveeffect on :-
Correct Answer Logistic Cost , Customer satisfaction
Your Answer Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single Answer
Question What affects the forecasting of performance levels?
Correct Answer Changing environment
Your Answer Foreseen events
Select The Blank
Question One of the ideas behind JIT is to reduce fixed setup cost & variableholding cost to ________ total cost
Correct Answer Drive down
Your Answer Minimise
True/False
Question Distribution & Warehousing comes under supply chain measurement.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question The SCM key metrics should be closely aligned to the company'sstrategic objectives. In this measurements usually covers :-
Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer
True/False
Page 6
scm1Question The impact of indirect cost increase is sometimes not limited to
company implementing postponement, but affects the other players in the supplychain.
Correct Answer True
Your Answer False
Multiple Choice Multiple Answer
Question The changes to be made in supply chain due to problem of longer leadtime is:-
Correct Answer Speed it up , Restructure it , Change co-ordination
Your Answer Speed it up , Restructure it , Change co-ordination
Select The Blank
Question According to Ducker, Customer focus oriented logistics must betreated as ________.
Correct Answer Cost saving centre
Your Answer Cost saving centre
Multiple Choice Multiple Answer
Question The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Your Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
True/False
Question The economic order quantity is the order quantity that minimizestotal cost.
Correct Answer True
Your Answer True
True/False
Question Backorder means an unfilled customer order.
Correct Answer True
Your Answer False
Select The Blank
Question For the good result, supply chain require to be very ________.Page 7
scm1
Correct Answer Transparent
Your Answer Transparent
Select The Blank
Question EOQ is very sensitive to error as long as the magnitude of cost /demand data is ________ accurate.
Correct Answer Reasonably
Your Answer Completely
Multiple Choice Single Answer
Question The most relevant measures for capital input is that of :-
Correct Answer Replacement cost
Your Answer Market value
Multiple Choice Single Answer
Question The mechanism by which material and information flows through supplychain, is known as :-
Correct Answer Pipeline
Your Answer Chainline
Multiple Choice Multiple Answer
Question Fixed quantity systems :-
Correct Answer Can cope well with demand variability , Facilitate lowerstocks , Orders can not be consolidated to secure supplier discounts
Your Answer Are easy to manage , Can cope well with demand variability ,Facilitate lower stocks
Multiple Choice Multiple Answer
Question The media for EDI communication are :-
Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link
Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple Answer
Question In the single product example defined for planning into periods,some of the options are :-
Correct Answer Regular time , Hire employees , Fire employeesPage 8
scm1
Your Answer Regular time , Hire employees , Fire employees
True/False
Question The key point about structural information is that it changesrelatively infrequently.
Correct Answer True
Your Answer True
Page 9
SUPPLY CHAIN MANAGEMENTSemester IV
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary
Match The FollowingQuestion Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services with dependability andaccuracy It relates with the ability to perform the promised services with dependability and accuracy
Quality of operation This relates to customer requirement & needs being consistently satisfied Thisrelates to customer requirement & needs being consistently satisfied
Speed of operation This is efficient use of time from order to delivery This is efficient use of timefrom order to delivery
Capacity Utilization This is the measure related to a maximum of an organizations ability to providedemanded goods & service in the amount requested This is the measure related to a maximum of anorganizations ability to provide demanded goods & service in the amount requested
Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment
Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle
Time
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and
________.Correct Answer Requested delivery dateYour Answer Requested delivery date
Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped
True/FalseQuestion The effect of buying discount / price breaks does need to be calculated additionally.Correct Answer FalseYour Answer True
Page 1 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
5/18/2007file://E:\DUMP\SYMBIOSIS PGDBA\SYMBIOSIS PGDBA\4TH SEMESTER\operat...
True/FalseQuestion The advantage of using moving average for forecasting is that in calculating the average
all the observations are given equal weightage.Correct Answer TrueYour Answer True
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle countingYour Answer Control group cycle counting , Random cycle counting
Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused at a particular
segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the
effective :-Correct Answer ManagementYour Answer Management
Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant of the following?Correct Answer KanbanYour Answer Kanban
True/FalseQuestion Customer satisfaction through quality must be balanced against environmental impact &
strain on the workforce.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Industrial dynamics Burbidge Van Amstel
Select The BlankQuestion We have criteria for ________ forecasts, however generalized they are.Correct Answer DistinguishingYour Answer Comparing
Page 2 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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Select The BlankQuestion According the example, for minimal cost, the number of initial workers considered is
________Correct Answer 10Your Answer 9
Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in inventory problems what
will be its effect on Inventory Carrying and Ordering cost?Correct Answer It will be optimizedYour Answer It will be reduced
Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the example given?Correct Answer 5Your Answer 6
Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from corporate vision as a :-Correct Answer PyramidYour Answer Pyramid
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always received order
information from :-Correct Answer ConsumerYour Answer Consumer
Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the flow of item through
the production process , A push processYour Answer A signal or message of communication , Used to control the flow of item through
the production process , A push process
True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True
Select The BlankQuestion ________ is only the management philosophy which helps organisation to move from
one step to another.Correct Answer BenchmarkingYour Answer Benchmarking
Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in forecasting, vary from high to
low?Correct Answer QualitativeYour Answer Qualitative
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace :-
Page 3 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities
Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in better management of :-Correct Answer Cash flowYour Answer Production
Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events
Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to
________ total costCorrect Answer Drive downYour Answer Minimise
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In
this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer
True/FalseQuestion The impact of indirect cost increase is sometimes not limited to company implementing
postponement, but affects the other players in the supply chain.Correct Answer TrueYour Answer False
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre
Page 4 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them , Allocation of
Suppliers to plantsYour Answer What products to produce , Which plants to produce them , Allocation of Suppliers
to plants
True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True
True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False
Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent
Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost / demand data is
________ accurate.Correct Answer ReasonablyYour Answer Completely
Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value
Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply chain, is
known as :-Correct Answer PipelineYour Answer Chainline
Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not
be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability , Facilitate lower
stocks
Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication LinkYour Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods, some of the options
are :-
Page 5 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees
True/FalseQuestion The key point about structural information is that it changes relatively infrequently.Correct Answer TrueYour Answer True
Page 6 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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SCM. In 1996, the purchase of logistics services by 3PL on behalf of their client inbillion dollars was :-
25302840
2. The data content & floors of stock record systems are needed by which methods?
Just in timeKanbanMaster production scheduleM.R.P. Methods
3. In re-order level approach average stock levels stay more or More EquallyLess Unequally the same and are Less responsive to change in demand.
4. The Data required for the IT application in the field of SCM is mainly basedon:-
Decision MakingData AvailableData StructureDBMS
5. According to Womack & Jones (1996),Who is the Prospective of SCM?
Final CustomerManufacturerTransporterSupplier
6. The modeling approaches are :-
Network DesignRough Cut MethodSimulation BasedOperation Based
7. The rounding of fraction need not concern, as it is unlikely that demandforecast will be completely accurate.
TrueFalse
8. The result of all the factors is that there is not a single integrated planfor the :-
OrganisationSupply Chain ManagementProduction UnitRetail Store
9. Postponement does guarantee win win situation under all circumstance in spiteof cost involved.
TrueFalse
10. The key in effective management of the firms transport strategy is :-
Shipment SizeRoutingScheduling of EquipmentTransport Vehicle Size.
Page 1
SCM11. Improved Quality & Delivery on Time are the benefits associated with CBI/DTIPeter Senge Lean Sterman partnership sourcing initiative.
12. The mechanism by which material and information flows through supply chain,is known as :-
PipelineInfologLogisticsChainline
13. Indirect cost increases can be caused by changes in the ProcurementProduction Logistics Marketing and distribution process.
14. Following are some of the tools for Supply Chain Measurement :-
Cash to cash cycle timeSupply Chain cycle TimeInventory Replenishment Cycle TimeTraining Cycle Time
15. The cost of oversupply is high in case of highly customized end products asit is difficult to find for them:-
The alternative usesThe alternative suppliersThe alternative buyersThe alternative process of production
16. The information enriched factories are, therefore, able to make an informeddecision at a much earlier point in the time than the factory at the end of thetraditional supply chain.
TrueFalse
17. Customer order promised cycle time is gap between the purchase order creationand Requested delivery date Goods received Purchase order placed Actionstarted.
18. What can a company improve by being able to postpone the production in itsexisting business?
PerformanceWorkingProfitabilitySales
19. The Gap between purchase order creation date and requested delivery date isknown as :-
Customer Order promised cycle timeManufacturing Cycle TimeInventory Replenishment Cycle TimeDBMS
20. In MRP II, the concentration is on planning of the manufacturing resourceslike :-
PeopleMachinesStorageRequirement
21. The enriching the order decisions with market place information enables thePage 2
SCMfactory to be much more responsive, since less supply chain Filtering is takingplace.
TrueFalse
22. The co-ordination between various players in the supply chain is the key forthe effective :-
ManagementOrganisationOperationDistribution
23. The retailers undertake Pareto Analysis routinely to Predict CompareIncrease Calculate turnover of item.
24. The integration will make each unit of organization understand how the actionwill impact other parts of & enabling it to choose alternative that OptimizeSatisfy Complete Enhance the organization goal.
25.
1. Gilmour 1. 19972. Davis 2. 19953. Billington 3. 19994. La Londe 4. 1992
5. 19986. 1993
26. The strength of postponement lies in its wide Scope ApplicabilityRequirements Probabilities as speed becomes more important capability.
27. The alternative strategy to meet the increased demand will be to buy fromsubcontractor if it would have been :-
At cheaper costAt same cost with better qualityBetter Quality OnlyFaster Supplies
28. In 1990, General Motor had approximately :-
1770 suppliers31 Assemble parts30 million metric tonnes per day of shipment10000 parts shipped per day
29. Total productivity appears the only relevant productivity measure fordecision making purpose.
TrueFalse
30. The models that describe operational decisions are often very ClearSpecific Simple Complex in nature.
32. Market sales data is the Competitive Advantage Peter Senge effect Factor ofintegrity Information catalyst for the whole supply chain.
33. Following results are possible only & only if organisation goes for Supplychain Priorities:-
Cycle TimePage 3
SCMOn Time DeliveryReduce Inventory CostMore Revenue
34. The Appraisal points for market information enriched strategy are :-
JIT Capacity LevelNumber of Stock turnsOrder AmplificationConsumer Habit fluctuation
35. How the average inventory for the stock item is represented?
By 1/2 stockBy 3/4 stockBy 1/4 stockBy 3/8 stock
36. The real benefits of Kanban will not be Available Used Realized Utilizeduntil the auto-industry moves into a mixed production.
37. Most computer peripheral manufacturers have built one plant for major marketplaces like:-
AmericaAsiaEuropeAustralia
38. The levels at which long term decisions are made is :-
StrategicTacticalOperationalManagement
39. A two bin system is not appropriate with many stock items.
TrueFalse
40. MRP typically takes into account the capacity consideration.
TrueFalse
41. ODETTE is not applicable for automobile industry.
TrueFalse
42. In performance scenario, in a simplistic manner provides the continuous totalproductivity management cycle of :-
MeasurementEvaluationPlanningEffectiveness
43. While still maintaining high service level, the objective of supply chainmanager for inventory is to :-
Decrease itMaintain itIncrease itMake Zero
Page 4
SCM44. In practice, the data items for MPS will have normally same value in eachweek.
TrueFalse
45. What is Supply Chain?
Network of Facility & DistributionNetwork of procurement & Transportation of MaterialNetwork of Intermediate and Finished productsNetwork of Sales And Distribution
46. It is often important to conduct What-if What-when What-how What-requiredanalysis in MRP.
47. Different machines were clustered together to eliminate :
Transportation of itemMovement of workersMovement of toolsTransportation of inspection equipments
48. The box jenkins method requires forecasters to :-
To make judgmentsUse their experienceUse their expert judgmentUse their Knowledge
49. How many levels the supply chain management is divided into ?
ThreeTwoFourFive
50. Products, with highly unpredictable levels of demand, high criticality, musthold high levels of stock and thereby allowing safety margins for :-
DeliveryLead timeDemand FluctuationMarket Potential
51. In the supply chain , Material flows :-
DownstreamUpstreamHorizontallyVertically
52. Marketing, Distribution, planning and Manufacturing along the supply chainoperate :-
IndependentlyInterdependentlyConcurrentlySingularly
1. Modeling 1. Is the tool used test the impact of strategic leveldecision have on supply chain performance.2. Simulation 2. Is used to evaluate the impact of information sharingand Co-Ordination.3. System 3. Is the tool for understanding issues of organizationaldecision making.4. Analytical Solution 4. Is the facility or process of interest.
5. Is the possibility of using mathematical methods toPage 5
SCMobtain exact information on question of interest.
6. Is the process by which we try to gain the understandingof how the corresponding system behaves.
54. In order to avoid a stock in a specified period, the quantity required to beordered is :-
135145150125
55. The supply chain management is compared by " Cooper and Ellram" with :-
Relay TeamLong Distance RunnerLong Distance JumperHockey Team
56. If we take chair figures from MPS as chair requirement and to meet thoserequirements, the package will produced a detailed production plan for :-
SeatsBacksLegsChairs
57. In order to meet the guarantee to customer for shipment of notebook PC onsame day as receipt of order, the company has to maintain significant amount ofinventory.
TrueFalse
__________________________________________________________________________________________
Answers:
Multiple Choice Single AnswerQuestion In 1996, the purchase of logistics services by 3PL on behalf of
their client in billion dollars was :-Correct Answer 25Your Answer 25
Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by
which methods?Correct Answer Just in timeYour Answer Master production schedule
Multiple Choice Single AnswerQuestion The alternative strategy to meet the increased demand will be to buy
from subcontractor if it would have been :-Correct Answer At cheaper costYour Answer Faster Supplies
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes
per day of shipmentYour Answer 1770 suppliers , 31 Assemble parts , 10000 parts shipped per day
True/FalseQuestion Total productivity appears the only relevant productivity measure
Page 6
SCMfor decision making purpose.Correct Answer TrueYour Answer False
Select The BlankQuestion The models that describe operational decisions are often very
________ in nature.Correct Answer SpecificYour Answer Complex
Match The FollowingQuestion Correct Answer Your Answer
Expedition More frequent & flexible delivery may be required for realignment ofprocess More frequent & flexible delivery may not be required for realignment ofprocess
Purchasing More flexible & frequent purchasing operation need to be establishedfor realignment of process More flexible & frequent purchasing operation need tobe established for realignment of process
Manufacturing If the installation of the most expensive components is to bedelayed as much as possible, change in the sequence & timing of manufacturingsteps may be required for realignment of process If the installation of the mostexpensive components is to be delayed as much as possible, change in the sequence& timing of manufacturing steps may be required for realignment of process
Order taking Companies that used to collect customer orders on a monthly basiswill need to shorten the information collection cycle time for realignment ofprocess Companies that used to collect customer orders on a weekly basis willneed to improve the information collection cycle time for realignment of process
Select The BlankQuestion Market sales data is the ________ for the whole supply chain.Correct Answer Information catalystYour Answer Competitive Advantage
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for
Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More RevenueYour Answer On Time Delivery , Reduce Inventory Cost , More Revenue
Multiple Choice Multiple AnswerQuestion The Appraisal points for market information enriched strategy are :-
Correct Answer JIT Capacity Level , Number of Stock turns , OrderAmplificationYour Answer JIT Capacity Level , Number of Stock turns , Consumer Habit
fluctuation
Multiple Choice Single AnswerQuestion How the average inventory for the stock item is represented?Correct Answer By 1/2 stockYour Answer By 1/2 stock
Select The BlankQuestion The real benefits of Kanban will not be ________ until the
auto-industry moves into a mixed production.Correct Answer RealizedYour Answer Utilized
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Strategic
Page 7
SCMTrue/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer True
True/FalseQuestion MRP typically takes into account the capacity consideration.Correct Answer TrueYour Answer False
True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply
chain manager for inventory is to :-Correct Answer Decrease itYour Answer Decrease it
Multiple Choice Single AnswerQuestion What is Supply Chain?Correct Answer Network of Facility & DistributionYour Answer Network of Intermediate and Finished products
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.Correct Answer What-ifYour Answer What-if
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Movement of workers
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-Correct Answer DownstreamYour Answer Horizontally
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply
chain operate :-Correct Answer IndependentlyYour Answer Concurrently
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of using mathematical methods to obtainexact information on question of interest. Is the possibility of usingmathematical methods to obtain exact information on question of interest.
Modeling Is the process by which we try to gain the understanding of how thecorresponding system behaves. Is used to evaluate the impact of informationsharing and Co-Ordination.
Simulation Is the tool for understanding issues of organizational decisionmaking. Is the tool used test the impact of strategic level decision have onsupply chain performance.
System Is the facility or process of interest. Is the process by which we try toPage 8
SCMgain the understanding of how the corresponding system behaves.
Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with
:-Correct Answer Relay TeamYour Answer Relay Team
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet
those requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook
PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True
Select The BlankQuestion In re-order level approach average stock levels stay more or
________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less
Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is
mainly based on:-Correct Answer Decision MakingYour Answer DBMS
Multiple Choice Single AnswerQuestion According to Womack & Jones (1996),Who is the Prospective of SCM?Correct Answer Final CustomerYour Answer Final Customer
Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single
integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
True/FalseQuestion Postponement does guarantee win win situation under all circumstance
in spite of cost involved.Correct Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply
chain, is known as :-Correct Answer PipelineYour Answer Pipeline
Select The BlankQuestion Indirect cost increases can be caused by changes in the ________ and
distribution process.Correct Answer ProductionYour Answer Production
Page 9
SCMMultiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle TimeYour Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time ,
Training Cycle Time
Multiple Choice Single AnswerQuestion The cost of oversupply is high in case of highly customized end
products as it is difficult to find for them:-Correct Answer The alternative usesYour Answer The alternative buyers
True/FalseQuestion The information enriched factories are, therefore, able to make an
informed decision at a much earlier point in the time than the factory at the endof the traditional supply chain.Correct Answer TrueYour Answer True
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production
in its existing business?Correct Answer PerformanceYour Answer Sales
Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery
date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time
Multiple Choice Multiple AnswerQuestion In MRP II, the concentration is on planning of the manufacturing
resources like :-Correct Answer People , Machines , StorageYour Answer People , Machines , Storage
True/FalseQuestion The enriching the order decisions with market place information
enables the factory to be much more responsive, since less supply chain Filteringis taking place.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the
key for the effective :-Correct Answer ManagementYour Answer Management
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________
turnover of item.Correct Answer CompareYour Answer Increase
Select The BlankQuestion The integration will make each unit of organization understand how
the action will impact other parts of & enabling it to choose alternative that________ the organization goal.Correct Answer Optimize
Page 10
SCMYour Answer Complete
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed
becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability
Page 11
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through
understanding of the requirement of :-Correct Answer Customer
Your Answer Production
Multiple Choice Single AnswerQuestion Almost 50% of Indian industries are using which of the following
concepts?Correct Answer TQM
Your Answer ERP
Multiple Choice Multiple AnswerQuestion JIT is :-
Correct Answer Top Down system , Centrally organized , Imposed productionsystem
Your Answer Top Down system , Centrally organized , Implementprocurement system
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for
Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue
Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high
criticality, must hold high levels of stock and thereby allowingsafety margins for :-
Correct Answer Delivery , Lead time , Demand Fluctuation
Your Answer Delivery , Lead time , Demand Fluctuation
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Strategic
True/FalseQuestion In SCM concept, there is no requirement of comparing factory
responses to market place set up input.Correct Answer False
Your Answer True
True/FalseQuestion All movements throughout the factory is controlled by Kanbans,
and since the Kanbans specify item precisely, no defects can betolerated.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for
major market places like:-Correct Answer America , Asia , Europe
Your Answer America , Asia , Europe
Select The BlankQuestion The primary purpose of inventory is to ________ against any
uncertainty that might exist in supply chain.Correct Answer Buffer
Your Answer Buffer
Match The FollowingQuestion Correct Answer Your Answer
Outgoing inventory Is predicted or expectedsales
Is the amount of inventoryon hand at end of planningperiod
Gross Requirement The forecast demand forthe item
Is predicted or expectedsales
Scheduled Receipt Any scheduled receiptfrom previous orders thatare currently beingprocessed
Any scheduled receipt fromprevious orders that arecurrently being processed
On hand inventory Is the amount of inventoryon hand at start ofplanning period
Is the amount of inventoryon hand at start of planningperiod
True/False
Question JIT/TQM are the tools for SCM.
Correct Answer True
Your Answer True
True/FalseQuestion In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.Correct Answer True
Your Answer True
True/FalseQuestion Postponement does guarantee win win situation under all
circumstance in spite of cost involved.Correct Answer True
Your Answer True
True/FalseQuestion Backorder means an unfilled customer order.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The information Enriched simulation Model is based on :-
Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Select The BlankQuestion In the MRP package referred in the example, the entry of
capacity data is to see if we are________ production capacity.Correct Answer Exceeding
Your Answer Not meeting
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production
schedule become extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches aremethods
Which facilitate concisereview & at the same timeattempt to accommodatethe above polarity.
For the most part givenormative models for morestrategic decisions.
Rough cut methods giveguiding policies
For the operationdecisions.
Give guiding policies forstrategic decisions.
Network design methods For the most part givenormative models formore strategic decisions.
For the operationdecisions.
Simulation is the methodby which
A comprehensive supplychain model can beanalyzed.
Give normative models formore operator decisions.
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?
Correct Answer Three
Your Answer Three
Select The BlankQuestion The geographic placement of production facility, stocking points
& sourcing is the ________ step in creating supply chain.Correct Answer First
Your Answer Fifth
Select The BlankQuestion The integration will make each unit of organization understand
how the action will impact other parts of & enabling it to choosealternative that ________ the organization goal.
Correct Answer Optimize
Your Answer Satisfy
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken
lightly, it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing
effort to run the systemYour Answer Management & effort , Initial implementation , The continuing
effort to run the system
Select The Blank
Question BOMs are structural ________ that changes relativelyinfrequently.
Correct Answer Information
Your Answer Items
Select The BlankQuestion The models that describe operational decisions are often very
________ in nature.Correct Answer Specific
Your Answer Specific
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Intermediate and Finished products
True/FalseQuestion Regardless of how inventory movement is accounted for, it must
be done correctly if accurate inventory records are to beachieved.
Correct Answer True
Your Answer True
Select The BlankQuestion Paper or computer records require time to check ________
against recorder level.Correct Answer Stock
Your Answer Inventory
Multiple Choice Single AnswerQuestion The location decision in supply chain entities are concerned
with:-Correct Answer Plants
Your Answer Inventories
Multiple Choice Single AnswerQuestion An example of multiple equation method given in an economic
model is the treasury model of which economy?Correct Answer UK
Your Answer US
Select The BlankQuestion The recent development within information technology and
software Engineering gives ________ opportunity for Integrationand Co-ordination.
Correct Answer Unprecedented
Your Answer Unbelievable
Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied
by the cost of:-Correct Answer Placing an order
Your Answer Placing an order
Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to
have fixed period as possible to have market driven :-Correct Answer Production
Your Answer Production
Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered
are :-Correct Answer Full Regular Time capacity , No over time Planning , No
SubcontractingYour Answer Full Regular Time capacity , No Subcontracting , No Machine
Addition.
Select The BlankQuestion As compared to minimal cost strategy the level strategy is
________.Correct Answer Cheaper
Your Answer Cheaper
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-
Correct Answer Short Term , Medium Term , Long Term
Your Answer Short Term , Medium Term , Long Term
True/False
Question A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer True
Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Multiple AnswerQuestion The inventory control systems are :-
Correct Answer Two bin , Re-order cycle , Annual demand
Your Answer Two bin , Re-order cycle , Monthly demand
True/FalseQuestion The key point about structural information is that it changes
relatively infrequently.Correct Answer True
Your Answer True
Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift
towards ________ of responsibility.Correct Answer Decentralization
Your Answer Delegation
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be
treated as ________.Correct Answer Cost saving centre
Your Answer Cost saving centre
True/FalseQuestion JIT need to be applied to all stages of process.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of
the value flow across the :-Correct Answer Supply chain
Your Answer Supply chain
Multiple Choice Multiple AnswerQuestion The data entered for the problem scenario are :-
Correct Answer Planning Resources Name , Capacity Unit of PlanningResourcing , Capacity Requirement per Product
Your Answer Capacity Unit of Planning Resourcing , Capacity Requirementper Product , Total Number of Planning Resources
Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated
with CBI/DTI ________ sourcing initiative.Correct Answer partnership
Your Answer partnership
scm1SUPPLY CHAIN MANAGEMENT
Semester IV
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question Suppliers are ________ to JIT business.
Correct Answer Crucial
Your Answer Necessary
Match The Following
Question Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy
Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied
Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery
Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested
Multiple Choice Multiple Answer
Question Following are some of the tools for Supply Chain Measurement :-
Correct Answer Cash to cash cycle time , Supply Chain cycle Time , InventoryReplenishment Cycle Time
Your Answer Cash to cash cycle time , Supply Chain cycle Time , InventoryReplenishment Cycle Time
Multiple Choice Single Answer
Question The result of all the factors is that there is not a singleintegrated plan for the :-
Page 1
scm1
Correct Answer Organisation
Your Answer Supply Chain Management
Select The Blank
Question Customer order promised cycle time is gap between the purchase ordercreation and ________.
Correct Answer Requested delivery date
Your Answer Requested delivery date
Multiple Choice Multiple Answer
Question Following are the parameters of Transportation Metrics :-
Correct Answer Transit time , Outbound Freight cost , Freight Cost per unitshipped
Your Answer Transit time , Outbound Freight cost , Freight Cost per unitshipped
True/False
Question The effect of buying discount / price breaks does need to becalculated additionally.
Correct Answer False
Your Answer True
True/False
Question The advantage of using moving average for forecasting is that incalculating the average all the observations are given equal weightage.
Correct Answer True
Your Answer True
True/False
Question Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cyclePage 2
scm1counting
Your Answer Control group cycle counting , Random cycle counting
Multiple Choice Single Answer
Question Total cost of Ownership & direct Product Profitability are focusedat a particular segment of chain intended to be used for :-
Correct Answer Chain wide Management
Your Answer Chain wide Management
Multiple Choice Single Answer
Question The co-ordination between various players in the supply chain is thekey for the effective :-
Correct Answer Management
Your Answer Management
Multiple Choice Single Answer
Question Within the production field, which process is the most significantof the following?
Correct Answer Kanban
Your Answer Kanban
True/False
Question Customer satisfaction through quality must be balanced againstenvironmental impact & strain on the workforce.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Page 3
scm1Industrial dynamics Burbidge Van Amstel
Select The Blank
Question We have criteria for ________ forecasts, however generalized theyare.
Correct Answer Distinguishing
Your Answer Comparing
Select The Blank
Question According the example, for minimal cost, the number of initialworkers considered is ________
Correct Answer 10
Your Answer 9
Multiple Choice Single Answer
Question If the demand forecast is more accurate which will result ininventory problems what will be its effect on Inventory Carrying and Orderingcost?
Correct Answer It will be optimized
Your Answer It will be reduced
Multiple Choice Single Answer
Question By not ordering chairs, we reach a stock out by which week in theexample given?
Correct Answer 5
Your Answer 6
Multiple Choice Single Answer
Question Mr. Lunch cross show performance which is filtered down fromcorporate vision as a :-
Correct Answer Pyramid
Your Answer Pyramid
Multiple Choice Single Answer
Question In a traditional informational pipeline supply chain player alwaysreceived order information from :-
Correct Answer ConsumerPage 4
scm1
Your Answer Consumer
Multiple Choice Multiple Answer
Question Kanban is :-
Correct Answer A signal or message of communication , Used to control theflow of item through the production process , A push process
Your Answer A signal or message of communication , Used to control the flowof item through the production process , A push process
True/False
Question The total cost in minimal cost strategy is £ 63400.
Correct Answer True
Your Answer True
Select The Blank
Question ________ is only the management philosophy which helps organisationto move from one step to another.
Correct Answer Benchmarking
Your Answer Benchmarking
Multiple Choice Single Answer
Question In which technique when applied to the use of numbers inforecasting, vary from high to low?
Correct Answer Qualitative
Your Answer Qualitative
Multiple Choice Multiple Answer
Question In the Japanese concept of total productivity, for output theyembrace :-
Correct Answer Quantity , Quality , Delivery
Your Answer Quality , Delivery , Facilities
Multiple Choice Single Answer
Question If the material requirement plan is accurate, then it results inbetter management of :-
Correct Answer Cash flow
Your Answer ProductionPage 5
scm1
Select The Blank
Question Kanban process ________ focuses on the human factors of production.
Correct Answer Indirectly
Your Answer Directly
Multiple Choice Multiple Answer
Question The majority of companies said that using 3 PL services had positiveeffect on :-
Correct Answer Logistic Cost , Customer satisfaction
Your Answer Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single Answer
Question What affects the forecasting of performance levels?
Correct Answer Changing environment
Your Answer Foreseen events
Select The Blank
Question One of the ideas behind JIT is to reduce fixed setup cost & variableholding cost to ________ total cost
Correct Answer Drive down
Your Answer Minimise
True/False
Question Distribution & Warehousing comes under supply chain measurement.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question The SCM key metrics should be closely aligned to the company'sstrategic objectives. In this measurements usually covers :-
Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer
True/False
Page 6
scm1Question The impact of indirect cost increase is sometimes not limited to
company implementing postponement, but affects the other players in the supplychain.
Correct Answer True
Your Answer False
Multiple Choice Multiple Answer
Question The changes to be made in supply chain due to problem of longer leadtime is:-
Correct Answer Speed it up , Restructure it , Change co-ordination
Your Answer Speed it up , Restructure it , Change co-ordination
Select The Blank
Question According to Ducker, Customer focus oriented logistics must betreated as ________.
Correct Answer Cost saving centre
Your Answer Cost saving centre
Multiple Choice Multiple Answer
Question The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Your Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
True/False
Question The economic order quantity is the order quantity that minimizestotal cost.
Correct Answer True
Your Answer True
True/False
Question Backorder means an unfilled customer order.
Correct Answer True
Your Answer False
Select The Blank
Question For the good result, supply chain require to be very ________.Page 7
scm1
Correct Answer Transparent
Your Answer Transparent
Select The Blank
Question EOQ is very sensitive to error as long as the magnitude of cost /demand data is ________ accurate.
Correct Answer Reasonably
Your Answer Completely
Multiple Choice Single Answer
Question The most relevant measures for capital input is that of :-
Correct Answer Replacement cost
Your Answer Market value
Multiple Choice Single Answer
Question The mechanism by which material and information flows through supplychain, is known as :-
Correct Answer Pipeline
Your Answer Chainline
Multiple Choice Multiple Answer
Question Fixed quantity systems :-
Correct Answer Can cope well with demand variability , Facilitate lowerstocks , Orders can not be consolidated to secure supplier discounts
Your Answer Are easy to manage , Can cope well with demand variability ,Facilitate lower stocks
Multiple Choice Multiple Answer
Question The media for EDI communication are :-
Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link
Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple Answer
Question In the single product example defined for planning into periods,some of the options are :-
Correct Answer Regular time , Hire employees , Fire employeesPage 8
scm1
Your Answer Regular time , Hire employees , Fire employees
True/False
Question The key point about structural information is that it changesrelatively infrequently.
Correct Answer True
Your Answer True
Page 9
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes
more important capability.Correct Answer Applicability
Your Answer Applicability
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery date
Your Answer Goods received
True/FalseQuestion There are no international EDI standards. The user organization require to
develop it for their operation only.Correct Answer False
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up andCollection
Material Follow-up
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Is the tool for understandingissues of organizationaldecision making.
Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Simulation Is the tool for understandingissues of organizationaldecision making.
Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
System Is the facility or process ofinterest.
Is the tool used test the impactof strategic level decision haveon supply chain performance.
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/FalseQuestion The corporations production Kanban is the card which regulates the
suppliers production kanban.Correct Answer False
Your Answer True
Select The BlankQuestion The exponenti________y smoothed moving average takes into account All
of the previous observations.Correct Answer All
Your Answer Majority
Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed
in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero , Planning Period is 6 weeks
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished goods butthe focus is given to :-
Correct Answer End User
Your Answer End User
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to
reduce their :-Correct Answer Assets
Your Answer Non Core Activities
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the
planning period.Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Your Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
Your Answer Cycle counting , Control group cycle counting , Random cycle counting ,Physical inventory
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be
ordered is :-Correct Answer 135
Your Answer 150
Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with
order taking employees?Correct Answer Purchasing
Your Answer Logistics
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since
the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most
significant impact?Correct Answer Production
Your Answer Design
Multiple Choice Single Answer
Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-
Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/FalseQuestion The constant m is called smoothing constant in single exponentially
smoothing.Correct Answer True
Your Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of
item.Correct Answer Compare
Your Answer Predict
Select The BlankQuestion A further development of ________ performance measures is that a matrix
of indicators can be formulated to relate main process of Logistics to themajor long term goals.
Correct Answer Logistics
Your Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's
requirement, JIT has :Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
True/False
Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic
objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer , EDBMS
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system
Select The BlankQuestion The four key figures of logistics strategic environment are competition,
market served, technology and ________ satisfactionCorrect Answer Stake holder's
Your Answer Customer's
True/FalseQuestion Total productivity appears the only relevant productivity measure for decision
making purpose.Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the
factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products
Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?Correct Answer 1985
Your Answer 1980
Multiple Choice Single Answer
Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?
Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter
has to drive to and obtain a minor part?Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control
elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its
existing business?Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total
productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the
continuous total productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning
True/FalseQuestion The economic order quantity is the order quantity that minimizes
total cost.Correct Answer True
Your Answer True
Select The BlankQuestion The models that describe operational decisions are often very
________ in nature.Correct Answer Specific
Your Answer Specific
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Your Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cyclecounting
Your Answer Cycle counting , Control group cycle counting , Random cyclecounting
Multiple Choice Multiple Answer
Question The consequence of longer lead time will often be :-
Correct Answer Less Dependability , Reduce Production Facility , Higher LevelsOf Inventory
Your Answer Less Dependability , Reduce Production Facility , Higher LevelsOf Inventory
Multiple Choice Single AnswerQuestion Delaying the component production until shortly before demand
is known, may imply producing in :-Correct Answer Small batches
Your Answer Small batches
Match The FollowingQuestion Correct Answer Your Answer
Planned order release When we need to releasethe planned orders havingregard to lead timerequired
What we will receive eachperiod as a result ofplanned orders
Projected on hand What the inventory levelwill be if we produceaccording to plan above &demand forecast is correct
What we will each periodas a receive of purchasedorders
Projected net requirement What we will need in eachperiod to avoid stock outi.e. the orders that shouldbe placed in order to avoidsuch stock outs
When we need to releasethe planned orders havingregard to lead timerequired
Planned order receipt What we will receive eachperiod as a result ofplanned orders
What we will need in eachperiod to avoid stock outi.e. the orders that shouldbe placed in order to avoidsuch stock outs
Multiple Choice Single AnswerQuestion What was introduced by Toyoto to have a method of controlling
production in new environment?Correct Answer Kanban
Your Answer Kanban
Select The BlankQuestion All of the product, process & infrastructure changes ________
will have an impact on the knowledge & skills the employees willneed to posses.
Correct Answer Outlined
Your Answer Given
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory
for the organization?Correct Answer Common
Your Answer Common
Select The BlankQuestion ________ demand is converted into order information and
passed down through the supply chain to trigger product releaseto the customer.
Correct Answer End Consumer
Your Answer Market
True/FalseQuestion A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaul
Your Answer Major overhaul
Select The BlankQuestion Suppliers are ________ to JIT business.
Correct Answer Crucial
Your Answer Important
Select The BlankQuestion The value of m reflects the weight given to the current
observation in ________ the exponentially smoothed movingaverage for the specified period.
Correct Answer Calculating
Your Answer Finalizing
Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied
by the cost of:-Correct Answer Placing an order
Your Answer Placing an order
True/FalseQuestion Another aspect of Toyoto production system was reduction of
setup time.Correct Answer True
Your Answer True
True/FalseQuestion If you use only Transport Kanban in Kanban process then it is
known as simple Kanban process.Correct Answer True
Your Answer True
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer True
True/FalseQuestion Regardless of how inventory movement is accounted for, it must
be done correctly if accurate inventory records are to beachieved.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Which of the following is the cost in the supply contract?
Correct Answer Researching & negotiating
Your Answer Researching & negotiating
True/FalseQuestion Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer True
Select The BlankQuestion As compared to minimal cost strategy the level strategy is
________.Correct Answer Cheaper
Your Answer Simple
Match The FollowingQuestion Correct Answer Your Answer
Towill 1996 1996
Forrester 1960 1947
Amstel 1990 1960
Whiteoak 1994 1990
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is
the key for the effective :-Correct Answer Management
Your Answer Management
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated
plan for the :-Correct Answer Organisation
Your Answer Organisation
Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-
Correct Answer Modular Organization of work , Multi-skilling , On the job trainingprocedures
Your Answer Modular Organization of work , Multi-skilling , On the job trainingprocedures
True/FalseQuestion In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion In MRP II, the concentration is on planning of the manufacturing
resources like :-Correct Answer People , Machines , Storage
Your Answer People , Machines , Storage
Select The BlankQuestion BOM can have ________ levels.
Correct Answer Many
Your Answer Two
Multiple Choice Single AnswerQuestion Historically economic techniques/methods tend to have large
forecasting errors, for which term?Correct Answer Medium
Your Answer Short
Multiple Choice Multiple AnswerQuestion Following are the functions of EDI software :-
Correct Answer Interfacing with VADS , Trading Partner Database , Encryption ofEDI Message
Your Answer Interfacing with VADS , Trading Partner Database , Encryption ofEDI Message
Multiple Choice Single AnswerQuestion The concept of unfilled customer order as a measurement is
known as :-Correct Answer A backorder
Your Answer Reverse order
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of
longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination
Your Answer Speed it up , Restructure it , Change co-ordination
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had
positive effect on :-Correct Answer Logistic Cost , Customer satisfaction
Your Answer Logistic Cost , Customer satisfaction , Employee Morale
Select The BlankQuestion The purpose of the analysis is to discern some relationship
between Y1 values observed so far in order to ________ us toforecast future values of Y1.
Correct Answer Enable
Your Answer Enable
Multiple Choice Multiple AnswerQuestion EDI agreement Legal Aspects covers :-
Correct Answer Internet cyber law , Time that message will be retained ,Procedure for settling any dispute
Your Answer Time that message will be retained , Procedure for settling anydispute , Legal Jurisdiction for settling dispute
Select The BlankQuestion In the MRP package referred in the example, the entry of
capacity data is to see if we are________ production capacity.Correct Answer Exceeding
Your Answer Meeting
Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans
of several plants.Correct Answer Production
Your Answer Supply chain
Multiple Choice Single AnswerQuestion The Combination of integrated & Non-integrated measures may
allow PLAYER in supply chain to assess :-Correct Answer Chain as a whole
Your Answer Chain as a whole
Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to
production of specified quantity in Kanban?
Correct Answer Quantity was not met
Your Answer Quantity was not met
True/FalseQuestion Defects per million opportunities(DPMO) is concept of Four
Sigma.Correct Answer False
Your Answer True
True/FalseQuestion The visual record process is only a sub-process in Japanese
Kanban Management system.Correct Answer True
Your Answer False
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always
received order information from :-Correct Answer Consumer
Your Answer Wholesaler
Select The BlankQuestion Exponential smoothing can be viewed as forecast
continually________ by the forecast error just made.Correct Answer Updated
Your Answer Improved
LIST OF ATTEMPTED QUESTIONSAND ANSWERS
True/FalseQuestion The total cost in minimal cost
strategy is £ 63400.Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Poka-yoke Means foolproofmachines &method, so asto preventproductionmistake
Means foolproofmachines &method, so as topreventproductionmistake
Andon Means troublelights whichimmediatelysignals toproduction linethat there is aproblem to besolved
Means troublelights whichimmediatelysignals toproduction linethat there is aproblem to besolved
Jikoda Enablingmachines to beautonomous &able toautomaticallydetect defects
Enablingmachines to beautonomous &able toautomaticallydetect defects
Shojinka Means aworkforceflexible enoughto cope withchanges inproduction &using differentmachines
Means aworkforceflexible enoughto cope withchanges inproduction &using differentmachines
Multiple Choice Single AnswerQuestion As per the cost information, the
lot for lot rule can be derived forwhich particular item?
Correct Answer Least costly
Your Answer Economic one
Match The FollowingQuestion Correct Answer Your Answer
OrderProcessing
Material Follow-up
MaterialProcessing andSupply
Order Picking MaterialCollection
Material Follow-up andCollection
OrderConsolidation
Material Follow-up andCollection
Materialprocurement
Select The BlankQuestion All of the product, process &
infrastructure changes ________will have an impact on theknowledge & skills theemployees will need to posses.
Correct Answer Outlined
Your Answer Detailed
True/FalseQuestion Inventory Turns means turns
over per year for inventoryprocurement.
Correct Answer True
Your Answer True
True/FalseQuestion A two bin system is not
appropriate with many stockitems.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Key indicators on which
Japanese concentrate theirefforts on continuousimprovement Kaizen are :-
Correct Answer Quality , Price , Delivery
Your Answer Quality , Price , Delivery
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-
Correct Answer Short Term , Medium Term ,Long Term
Your Answer Short Term , Medium Term ,Long Term
True/FalseQuestion ODETTE is not applicable for
automobile industry.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion The location decision in supply
chain entities are concernedwith:-
Correct Answer Plants
Your Answer Transportation
Multiple Choice Single AnswerQuestion An example of multiple equation
method given in an economicmodel is the treasury model ofwhich economy?
Correct Answer UK
Your Answer UK
True/FalseQuestion For a fixed time re-order cycle
system, the time at risk is re-order lead time plus the re-ordercycle time.
Correct Answer True
Your Answer True
True/FalseQuestion By going beyond internal supply
chain & including externalsuppliers and customers doesnot expose opportunities for
improving internal operations.
Correct Answer False
Your Answer False
Select The BlankQuestion One of the ideas behind JIT is to
reduce fixed setup cost &variable holding cost to________ total cost
Correct Answer Drive down
Your Answer Reduce
Multiple Choice Single AnswerQuestion In 1996, the purchase of logistics
services by 3PL on behalf of theirclient in billion dollars was :-
Correct Answer 25
Your Answer 25
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a
task that can't be undertakenlightly, it will be expensive interms of :-
Correct Answer Management & effort , Initialimplementation , The continuingeffort to run the system
Your Answer Management & effort , Initialimplementation , The continuingeffort to run the system
Multiple Choice Multiple AnswerQuestion The changes to be made in
supply chain due to problem oflonger lead time is:-
Correct Answer Speed it up , Restructure it ,Change co-ordination
Your Answer Speed it up , Restructure it ,Change co-ordination
Select The BlankQuestion The third party providers who can
________ the need of transitionfrom their focus on productoriented services to newstrategies like long term business
partnerships will most likely enjoylong term success.
Correct Answer Meet
Your Answer Arrange
True/FalseQuestion In practice, the data items for
MPS will have normally samevalue in each week.
Correct Answer False
Your Answer True
Select The BlankQuestion The overtime cost per hour is
________ in minimal coststrategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Single AnswerQuestion The levels at which long term
decisions are made is :-Correct Answer Strategic
Your Answer Strategic
True/FalseQuestion MRP package can be used to
examine, meeting thepredetermined productionschedule for chairs.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Multiple Answer
Question Following are the parameters ofTransportation Metrics :-
Correct Answer Transit time , Outbound Freightcost , Freight Cost per unitshipped
Your Answer Transit time , Outbound Freightcost , Freight Cost per unitshipped
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning
and Manufacturing along thesupply chain operate :-
Correct Answer Independently
Your Answer Independently
Multiple Choice Single AnswerQuestion In the supply chain , Material
flows :-Correct Answer Downstream
Your Answer Downstream
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected netrequired , Planned order Release, Projected sales
Your Answer Scheduled receipt , Projected netrequired , Planned order Release, Projected sales
Multiple Choice Multiple AnswerQuestion Risk a stock out can be faced
because of :-Correct Answer Delay in resupply , Higher than
anticipated usage , Unpredictabledemand
Your Answer Delay in resupply , Higher thananticipated usage , Unpredictabledemand
Select The BlankQuestion The cheapest solution is to
simply ________ backorders tobuilt up over the planning period.
Correct Answer Allow
Your Answer Let
Multiple Choice Single AnswerQuestion In the field of IT enabled Supply
Chain, "TPS" means:-Correct Answer Transaction Processing system
Your Answer Transaction Processing system
Multiple Choice Single AnswerQuestion How does aggregate plan
created by master productionschedule become extremelydetailed plan?
Correct Answer MRP translates it
Your Answer MRP translates it
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total
productivity, for output theyembrace :-
Correct Answer Quantity , Quality , Delivery
Your Answer Quantity , Quality , Delivery
Select The BlankQuestion By being able to postpone the
production to the point where________ is better known, thecompany can greatly improve itsforecasting abilities.
Correct Answer Demand
Your Answer Needs
Select The BlankQuestion Category C items are relatively
unimportant inventory items &are responsible for ________%of inventory cost.
Correct Answer 5
Your Answer 5
Multiple Choice Multiple Answer
Question The inventory control systemsare :-
Correct Answer Two bin , Re-order cycle , Annualdemand
Your Answer Two bin , Re-order cycle ,Monthly demand
Multiple Choice Single AnswerQuestion How many levels the supply
chain management is divided into?
Correct Answer Three
Your Answer Three
Select The BlankQuestion ________ is only the
management philosophy whichhelps organisation to move fromone step to another.
Correct Answer Benchmarking
Your Answer Benchmarking
True/FalseQuestion General Co-ordination is the
integration of different function,i.e. production planning,purchasing, sales anddistribution.
Correct Answer True
Your Answer False
Multiple Choice Single AnswerQuestion Which is the tool Available with
the industry to learn the businessoutside to plan the policy forsuccess?
Correct Answer Benchmarking
Your Answer TQM
Multiple Choice Single AnswerQuestion In the Supply Chain approach the
example for the Individual set ofBusiness activities is the :-
Correct Answer Logistics Activities
Your Answer Logistics Activities
Multiple Choice Single AnswerQuestion The co-ordination between
various players in the supplychain is the key for the effective:-
Correct Answer Management
Your Answer Operation
Multiple Choice Single AnswerQuestion While still maintaining high
service level, the objective ofsupply chain manager forinventory is to :-
Correct Answer Decrease it
Your Answer Make Zero
Multiple Choice Single AnswerQuestion Spares stationery, consumable
etc. are what type of inventory forthe organization?
Correct Answer Common
Your Answer Common
Select The BlankQuestion ODETTE an EDI Format is
developed & used by________motor Industry.
Correct Answer European
Your Answer European
True/FalseQuestion The measures suggested by
Balloy have limited application,mainly at the strategic rather thatoperational level.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question The factors likely to generatefuture business are :-
Correct Answer Integrated Logistics Function ,Expertise In Information System
Your Answer Integrated Logistics Function ,Expertise In Information System ,Specialized Logistics Function
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes
more important capability.Correct Answer Applicability
Your Answer Applicability
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery date
Your Answer Goods received
True/FalseQuestion There are no international EDI standards. The user organization require to
develop it for their operation only.Correct Answer False
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up andCollection
Material Follow-up
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Is the tool for understandingissues of organizationaldecision making.
Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Simulation Is the tool for understandingissues of organizationaldecision making.
Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
System Is the facility or process ofinterest.
Is the tool used test the impactof strategic level decision haveon supply chain performance.
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/FalseQuestion The corporations production Kanban is the card which regulates the
suppliers production kanban.Correct Answer False
Your Answer True
Select The BlankQuestion The exponenti________y smoothed moving average takes into account All
of the previous observations.Correct Answer All
Your Answer Majority
Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed
in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero , Planning Period is 6 weeks
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished goods butthe focus is given to :-
Correct Answer End User
Your Answer End User
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to
reduce their :-Correct Answer Assets
Your Answer Non Core Activities
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the
planning period.Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Your Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
Your Answer Cycle counting , Control group cycle counting , Random cycle counting ,Physical inventory
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be
ordered is :-Correct Answer 135
Your Answer 150
Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with
order taking employees?Correct Answer Purchasing
Your Answer Logistics
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since
the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most
significant impact?Correct Answer Production
Your Answer Design
Multiple Choice Single Answer
Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-
Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/FalseQuestion The constant m is called smoothing constant in single exponentially
smoothing.Correct Answer True
Your Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of
item.Correct Answer Compare
Your Answer Predict
Select The BlankQuestion A further development of ________ performance measures is that a matrix
of indicators can be formulated to relate main process of Logistics to themajor long term goals.
Correct Answer Logistics
Your Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's
requirement, JIT has :Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
True/False
Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic
objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer , EDBMS
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system
Select The BlankQuestion The four key figures of logistics strategic environment are competition,
market served, technology and ________ satisfactionCorrect Answer Stake holder's
Your Answer Customer's
True/FalseQuestion Total productivity appears the only relevant productivity measure for decision
making purpose.Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the
factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products
Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?Correct Answer 1985
Your Answer 1980
Multiple Choice Single Answer
Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?
Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter
has to drive to and obtain a minor part?Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control
elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its
existing business?Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total
productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day
Multiple Choice Single Answer
Question What is the meaning of EDIFACT ?
Correct Answer Electronic Data Interchanged for Administration , Commerce &Transport
Your Answer Electronic Data Interchanged for Administration , CorporateTechnology
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with
disruption.Correct Answer Contingency
Your Answer Improvement
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most
significant impact?Correct Answer Production
Your Answer Design
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersedeX 12 , Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersedeX 12 , Promoted as world ADI Standard
Multiple Choice Single AnswerQuestion What is required to facilitate logistics process of quickly moving
material on numerous work stations on the production line?Correct Answer Clean & well organized environment
Your Answer Good material movement system
Select The BlankQuestion Once we have all the information we should be able to ________ in
terms of when to place order with suppliers.Correct Answer Calculate
Your Answer Prepare
Multiple Choice Single AnswerQuestion The cost of oversupply is high in case of highly customized end
products as it is difficult to find for them:-Correct Answer The alternative uses
Your Answer The alternative suppliers
Multiple Choice Single Answer
Question The American National standards which are developed for replacingvarious sector standards is known as:-
Correct Answer ANSI X 12
Your Answer ANSI X 12
Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-
Correct Answer How many centers to have? , Location of centres , Size of centres
Your Answer Location of centres , Size of centres , To which GM plant centres willsend?
Match The FollowingQuestion Correct Answer Your Answer
The impact of postponementof coloration until thecustomer uses the product
Significant value wascreated in value chain &manufacturing cost & safetystock both decreased
Carry out more varietywithout increasing inventory
The impact of postponementin case of PC company
Inventory was cut to half Carry out more variety byslightly increasing inventory
The impact of postponementof customization of printer toDC areas
Decrease in inventory madeup for the increased cost increating some assemblyfunction at DC level
Decrease in inventory madeup for the increased cost increating some assemblyfunction at DC level
The impact of postponementin RPAG
Carry out more varietywithout increasing inventory
Significant value was createdin value chain & safety stockalso decreases partially
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always
received order information from :-Correct Answer Consumer
Your Answer Distributor
Multiple Choice Single AnswerQuestion The term productivity is often ill-defined but basically, it's measurement
is that of a prescribed output to the resources :-Correct Answer Consumed
Your Answer Used
Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-
Correct Answer Downstream
Your Answer Downstream
True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five
years.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion In the current business scenario Indian organisations require to
improve customer service to become perfect in :-Correct Answer Customer centric process
Your Answer Business Analysis
True/FalseQuestion In an ideal world we would like a forecasting method for which all
errors are near zero.Correct Answer False
Your Answer True
Select The BlankQuestion Simple method for Time series forecasting is to take a ________
Average.Correct Answer Moving
Your Answer Non Weighted Moving
Multiple Choice Multiple AnswerQuestion The globalization has forced local companies to improve following:-
Correct Answer Manufacturing Practices , Supply Chain Management , InventoryLevels and Distribution Capabilities
Your Answer Distribution Network , Supply Chain Management , Inventory Levelsand Distribution Capabilities
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated
as ________.Correct Answer Cost saving centre
Your Answer Policy Matter
Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of seats are :-Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Select The Blank
Question The realistic ________ demonstrate the benefits of a holistic view ofsupply chain information flow.
Correct Answer Simulation Model
Your Answer Simulation Model
Select The BlankQuestion The mode choice aspect of transport decisions are more ________
ones, as they are closely linked with inventory decision.Correct Answer Strategic
Your Answer Locational
Select The BlankQuestion From the output by MRP package for chairs in the example, we are
advised to place an order for ________ legs in week 2.Correct Answer Overhead
Your Answer Overhead
True/FalseQuestion The constraints in multiple equation methods will probably be different
for different groups.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to
production of specified quantity in Kanban?Correct Answer Quantity was not met
Your Answer Quantity was made by replacing defective component
Select The BlankQuestion ________ is activity which is outsourced by most of Indian companies.
Correct Answer Warehousing
Your Answer Billing
Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?
Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Shared Vision , Capacity for Change , Outbound Training
Select The BlankQuestion Kanban process ________ focuses on the human factors of
production.
Correct Answer Indirectly
Your Answer Indirectly
True/FalseQuestion It would be impossible to find the minimum cost solution manually.
Correct Answer True
Your Answer False
True/FalseQuestion All forecasting methods require complex calculations and therefore are
ideally suited to be done by a computer.Correct Answer False
Your Answer True
Multiple Choice Multiple AnswerQuestion In SCM metrics, Training means :-
Correct Answer Inhouse training , APICS Membership , Certification Training
Your Answer Inhouse training , APICS Membership , Certification Training
True/FalseQuestion Incoming inventory is the receiving of the items, as a result of buying in
from external or internal suppliersCorrect Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of backs are :-Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 60 in week 4
Select The BlankQuestion If demand is known & steady, then ________ inventory can be
estimated.Correct Answer Average
Your Answer Final
True/FalseQuestion By going beyond internal supply chain & including external suppliers
and customers does not expose opportunities for improving internaloperations.
Correct Answer False
Your Answer True
Multiple Choice Multiple AnswerQuestion The competitive priorities in operations strategy are :-
Correct Answer Cost , Quality , Time
Your Answer Cost , Quality , Time
Multiple Choice Single AnswerQuestion In both marking stock and order, which cost is incurred?
Correct Answer Stock acquisition
Your Answer Stock acquisition
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches aremethods
Which facilitate concisereview & at the same timeattempt to accommodate theabove polarity.
Give guiding policies forstrategic decisions.
Rough cut methods giveguiding policies
For the operation decisions. Give normative models formore operator decisions.
Network design methods For the most part givenormative models for morestrategic decisions.
A comprehensive supplychain model can beanalyzed.
Simulation is the method bywhich
A comprehensive supplychain model can beanalyzed.
For the most part givenormative models for morestrategic decisions.
True/FalseQuestion Retailers are not interested in low stock run.
Correct Answer True
Your Answer False
Select The BlankQuestion ________ is only the management philosophy which helps
organisation to move from one step to another.Correct Answer Benchmarking
Your Answer Push Base system
Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-
Correct Answer Production & warehouse premises , Production equipment ,Information & IT system
Your Answer Production & warehouse premises , Production equipment , Supplies
Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace
inventory of :-Correct Answer Manufacturers , Suppliers , Customers
Your Answer Manufacturers , Suppliers , Distributors
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?
Correct Answer To provide for cause , To provide for corrective action , To provide forfuture action
Your Answer Measure the level of conformance to expectable , To provide forcorrective action , To provide for future action
Multiple Choice Multiple AnswerQuestion The problems faced by the HP DCs due to traditional system were :-
Correct Answer Large finished goods inventory , Additional stock to handle all theproduct proliferation , Increasing emphasize placed on speed
Your Answer Large finished goods inventory , Additional stock to handle all theproduct proliferation , Increasing emphasize placed on speed
True/FalseQuestion For a fixed time re-order cycle system, the time at risk is re-order lead
time plus the re-order cycle time.Correct Answer True
Your Answer False
True/FalseQuestion There are no international EDI standards. The user organization
require to develop it for their operation only.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finishedgoods but the focus is given to :-
Correct Answer End User
Your Answer End User
Question The fire in 1997 forced Toyoto to embark upon review of________ that were sourced from single supplier.
Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final
production is reported, is known as :-Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Multiple Choice Single AnswerQuestion The minimum number of products unit in stock at the end of each
week corresponds to what type of stock in the case of unforeseendemand?
Correct Answer Safety
Your Answer Safety
True/FalseQuestion The marketing effort is somewhat restricted by the necessity to
sell leftover products following year.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to
control elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service
Select The BlankQuestion Paper or computer records require time to check ________
against recorder level.Correct Answer Stock
Your Answer Availability
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Your Answer What products to produce , Which plants to produce them , Whatproducts to sell
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for
the organization?Correct Answer Common
Your Answer Common
Select The BlankQuestion One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the majorcustomers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from
postponement, experiences a radically different picture in theirbusiness like :-
Correct Answer Demand with little or no uncertainty , Low value of short time tomarket , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short time tomarket , Low product proliferation
Multiple Choice Single AnswerQuestion What is the advantage of IT for monitoring the supply chain
performance?Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost
strategy.Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single AnswerQuestion Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following is required?Correct Answer TQM & JIT
Your Answer FMCG
True/False
Question Distribution & Warehousing comes under supply chainmeasurement.
Correct Answer True
Your Answer True
True/FalseQuestion The enriching the order decisions with market place information
enables the factory to be much more responsive, since lesssupply chain Filtering is taking place.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is
the key for the effective :-Correct Answer Management
Your Answer Management
Multiple Choice Single AnswerQuestion It is the requirement of Enriched supply chain players to cope up
with :-Correct Answer Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated
plan for the :-Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for
productivity and performance analysis is required for :-Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single Answer
Question Holding costs are expressed as a % of stock values. What is thepercentage?
Correct Answer 15% - 30%
Your Answer 20% - 30%
True/FalseQuestion The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.Correct Answer False
Your Answer True
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion The fire in 1997 forced Toyoto to embark upon review of
________ that were sourced from single supplier.Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final
production is reported, is known as :-Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Select The BlankQuestion The geographic placement of production facility, stocking
points & sourcing is the ________ step in creating supplychain.
Correct Answer First
Your Answer First
True/FalseQuestion Regardless of how inventory movement is accounted for, it
must be done correctly if accurate inventory records are to beachieved.
Correct Answer True
Your Answer True
Select The BlankQuestion The basic operators framework ________ that there is a link
between capabilities & strategy on one hand & capabilities &resources & infrastructure on the other hand.
Correct Answer Implies
Your Answer Implies
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the
company's strategic objectives. In this measurements usuallycovers :-
Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of
longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination
Your Answer Speed it up , Restructure it , Change co-ordination
True/FalseQuestion JIT need to be applied to all stages of process.
Correct Answer True
Your Answer True
Select The BlankQuestion Outsourcing is not without risks, in fact the benefits are
________ more transparent with risks Often being hiddeninitially.
Correct Answer Often
Your Answer Mostly
Select The BlankQuestion The multi plant co-ordination is to coordinate the ________
plans of several plants.Correct Answer Production
Your Answer Distribution
Select The BlankQuestion The real benefits of Kanban will not be ________ until the
auto-industry moves into a mixed production.Correct Answer Realized
Your Answer Utilized
True/False
Question Defects per million opportunities(DPMO) is concept of FourSigma.
Correct Answer False
Your Answer True
True/FalseQuestion The economic order quantity is the order quantity that
minimizes total cost.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion EDI agreement Legal Aspects covers :-
Correct Answer Internet cyber law , Time that message will be retained ,Procedure for settling any dispute
Your Answer Time that message will be retained , Procedure for settlingany dispute , Legal Jurisdiction for settling dispute
True/FalseQuestion There may be a temptation to dismiss the Kaizen concept
particularly suited to Japanese mentality.Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Product Champion Andraski Poul Jonh
Pull & Push conceptdiscussion
Hoeskstra & Romme Andraski
Simulation Model Sterman Glazer
Player concept Forrester(1960) Forrester(1960)
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided
into ?Correct Answer Three
Your Answer Four
True/FalseQuestion If the supply chain do not track uncertainties than it leads to
non optimal stocking levels.Correct Answer True
Your Answer True
Select The BlankQuestion The enrichment mechanism is an ________ point of sales
link.Correct Answer Electronic
Your Answer Critical
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Management
Match The FollowingQuestion Correct Answer Your Answer
Other Unit productioncost
The cost of production ofone unit of the productthat is not accounted inemployee cost.
The cost of holding oneunit in stock at the end ofeach Month.
Hiring cost The cost of hiring anemployee.
The cost of hiring anemployee.
Unit inventory holdingcost
The cost of holding oneunit in stock at the end ofeach period.
The cost of production ofone unit of the productthat is not accounted inemployee cost.
Unit subcontracting cost The cost of each unitbought from externalsource.
The cost of holding oneunit procured fromexternal source at the endof each period.
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the
supply chain operate :-Correct Answer Independently
Your Answer Independently
Multiple Choice Single Answer
Question The supply chain management is compared by " Cooper andEllram" with :-
Correct Answer Relay Team
Your Answer Long Distance Runner
Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-
Correct Answer Modular Organization of work , Multi-skilling , On the jobtraining procedures
Your Answer Modular Organization of work , Multi-skilling , Minimum levelof quality to satisfy customers
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of
supply chain manager for inventory is to :-Correct Answer Decrease it
Your Answer Decrease it
Multiple Choice Single AnswerQuestion The minimum number of products unit in stock at the end of
each week corresponds to what type of stock in the case ofunforeseen demand?
Correct Answer Safety
Your Answer Safety
True/FalseQuestion The marketing effort is somewhat restricted by the necessity
to sell leftover products following year.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to
control elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service
Select The Blank
Question Paper or computer records require time to check ________against recorder level.
Correct Answer Stock
Your Answer Availability
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them ,Allocation of Suppliers to plants
Your Answer What products to produce , Which plants to produce them ,What products to sell
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of
inventory for the organization?Correct Answer Common
Your Answer Common
Select The BlankQuestion One of the factors behind Japanese success story as
geographic proximity and that suppliers are often ________around the major customers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from
postponement, experiences a radically different picture intheir business like :-
Correct Answer Demand with little or no uncertainty , Low value of short timeto market , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short timeto market , Low product proliferation
Multiple Choice Single AnswerQuestion What is the advantage of IT for monitoring the supply chain
performance?Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost
strategy.Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single AnswerQuestion Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following isrequired?
Correct Answer TQM & JIT
Your Answer FMCG
True/FalseQuestion Distribution & Warehousing comes under supply chain
measurement.Correct Answer True
Your Answer True
True/FalseQuestion The enriching the order decisions with market place
information enables the factory to be much more responsive,since less supply chain Filtering is taking place.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply
chain is the key for the effective :-Correct Answer Management
Your Answer Management
Multiple Choice Single AnswerQuestion It is the requirement of Enriched supply chain players to cope
up with :-Correct Answer Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single
integrated plan for the :-Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for
productivity and performance analysis is required for :-Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single AnswerQuestion Holding costs are expressed as a % of stock values. What is
the percentage?Correct Answer 15% - 30%
Your Answer 20% - 30%
True/FalseQuestion The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.Correct Answer False
Your Answer True
SUPPLY CHAIN MANAGEMENTSemester IV
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain
Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult to forecast on product
basis :-Correct Answer The demandYour Answer The demand
Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with :-Correct Answer Relay TeamYour Answer Relay Team
True/FalseQuestion All forecasting methods require complex calculations and therefore are ideally suited to
be done by a computer.Correct Answer FalseYour Answer True
True/FalseQuestion The measures suggested by Balloy have limited application, mainly at the strategic
rather that operational level.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven, coordinated with actual
customer demand?Correct Answer Pull Base SystemYour Answer Push Base system
Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
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True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.Correct Answer FalseYour Answer False
Select The BlankQuestion In the MRP package referred in the example, the entry of capacity data is to see if we
are________ production capacity.Correct Answer ExceedingYour Answer Not meeting
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed
times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable
supplyYour Answer Safety stock , Operational responsiveness , Level of risk involved given variable
supply
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical
Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time
Select The BlankQuestion One of the factors behind Japanese success story as geographic proximity and that
suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in
terms of :-Correct Answer Management & effort , Initial implementation , The continuing effort to run the
systemYour Answer Management & effort , Initial implementation , The continuing effort to run the
system
Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the company to realize
their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately
True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False
Multiple Choice Single Answer
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Question To provide an adequate support what will be need to do with information system?Correct Answer Major overhaulYour Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used , coding system
Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is mainly based on:-Correct Answer Decision MakingYour Answer Data Structure
Match The FollowingQuestion Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.16
Director/GM participation in SCM activity 0.28 0.28
Vice President participation in SCM activity 0.17 0.17
President participation in SCM activity 0.14 0.14
True/FalseQuestion In the supply chain, a team of four player, retailer, distributor, warehouse, factory is
require to get involved for the success.Correct Answer TrueYour Answer True
True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely
detailed plan?Correct Answer MRP translates itYour Answer MRP translates it
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those requirements,
the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for the organization?Correct Answer CommonYour Answer Common
Multiple Choice Multiple Answer
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Question The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term
True/FalseQuestion The globalization of supply chain does not change the requirement within supply chain
management.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
True/FalseQuestion If the supply chain do not track uncertainties than it leads to non optimal stocking levels.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?Correct Answer To provide for cause , To provide for corrective action , To provide for future
actionYour Answer Measure the level of conformance to expectable , To provide for cause , To provide
for corrective action
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement, experiences a
radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low
product proliferationYour Answer Low value of short time to market , Low product proliferation , Medium inventory
value
Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators
can be formulated to relate main process of Logistics to the major long term goals.Correct Answer LogisticsYour Answer Distribution
True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type of Average squared
error?Correct Answer LowestYour Answer Zero
Select The BlankQuestion The indirect cost increase has the consequent ________ the infrastructure & resources.Correct Answer Impacts on
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Your Answer Effects on
Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996
Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are
Less responsive to change in demand.Correct Answer LessYour Answer Less
Match The FollowingQuestion Correct Answer Your Answer
Stock out ratio Is comparison of % of demand actually satisfied with the defined service Iscomparison of % of demand actually satisfied with the defined service
Lead time Is the time between a replenishment need arising & new deliveries being ready for use Isthe time between a replenishment need arising & new deliveries being ready for use
Inventory service level Is % probability of stock availability to meet demands Is % probability ofstock availability to meet demands
ABC Analysis Can be used to classify stock groups Can be used to classify stock groups
Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order
QuantityYour Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production
levels
Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by which methods?Correct Answer Just in timeYour Answer Just in time
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook PC on same day as
receipt of order, the company has to maintain significant amount of inventory.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
reduced , Continuous improvement always striving to improve
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes more
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important capability.Correct Answer ApplicabilityYour Answer Applicability
Select The BlankQuestion Japanese logistics performance and its ________ are paramount priorities in their
business environment.Correct Answer EffectivenessYour Answer Effectiveness
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.Correct Answer ContingencyYour Answer Contingency
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Supply chain Management 1LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary
Match The FollowingQuestion Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy
Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied
Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery
Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested
Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle Time
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single
integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date
Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit
shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit
shipped
True/FalseQuestion The effect of buying discount / price breaks does need to be
calculated additionally.Correct Answer FalseYour Answer True
True/FalseQuestion The advantage of using moving average for forecasting is that in
calculating the average all the observations are given equal weightage.Correct Answer TrueYour Answer True
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Page 1
Supply chain Management 1Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle
countingYour Answer Control group cycle counting , Random cycle counting
Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused
at a particular segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the
key for the effective :-Correct Answer ManagementYour Answer Management
Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant
of the following?Correct Answer KanbanYour Answer Kanban
True/FalseQuestion Customer satisfaction through quality must be balanced against
environmental impact & strain on the workforce.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Industrial dynamics Burbidge Van Amstel
Select The BlankQuestion We have criteria for ________ forecasts, however generalized they
are.Correct Answer DistinguishingYour Answer Comparing
Select The BlankQuestion According the example, for minimal cost, the number of initial
workers considered is ________Correct Answer 10Your Answer 9
Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in
inventory problems what will be its effect on Inventory Carrying and Orderingcost?Correct Answer It will be optimizedYour Answer It will be reduced
Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the
example given?Correct Answer 5
Page 2
Supply chain Management 1Your Answer 6
Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from
corporate vision as a :-Correct Answer PyramidYour Answer Pyramid
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always
received order information from :-Correct Answer ConsumerYour Answer Consumer
Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the
flow of item through the production process , A push processYour Answer A signal or message of communication , Used to control the flow
of item through the production process , A push process
True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True
Select The BlankQuestion ________ is only the management philosophy which helps organisation
to move from one step to another.Correct Answer BenchmarkingYour Answer Benchmarking
Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in
forecasting, vary from high to low?Correct Answer QualitativeYour Answer Qualitative
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they
embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities
Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in
better management of :-Correct Answer Cash flowYour Answer Production
Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive
effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events
Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable
Page 3
Supply chain Management 1holding cost to ________ total costCorrect Answer Drive downYour Answer Minimise
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's
strategic objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer
True/FalseQuestion The impact of indirect cost increase is sometimes not limited to
company implementing postponement, but affects the other players in the supplychain.Correct Answer TrueYour Answer False
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead
time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be
treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them ,
Allocation of Suppliers to plantsYour Answer What products to produce , Which plants to produce them ,
Allocation of Suppliers to plants
True/FalseQuestion The economic order quantity is the order quantity that minimizes
total cost.Correct Answer TrueYour Answer True
True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False
Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent
Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost /
demand data is ________ accurate.Correct Answer ReasonablyYour Answer Completely
Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value
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Supply chain Management 1Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply
chain, is known as :-Correct Answer PipelineYour Answer Chainline
Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower
stocks , Orders can not be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability ,
Facilitate lower stocks
Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link
Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods,
some of the options are :-Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees
True/FalseQuestion The key point about structural information is that it changes
relatively infrequently.Correct Answer TrueYour Answer True
Page 5
Supply chain Management 2LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for
Supply chain Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult
to forecast on product basis :-Correct Answer The demandYour Answer The demand
Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with
:-Correct Answer Relay TeamYour Answer Relay Team
True/FalseQuestion All forecasting methods require complex calculations and therefore
are ideally suited to be done by a computer.Correct Answer FalseYour Answer True
True/FalseQuestion The measures suggested by Balloy have limited application, mainly at
the strategic rather that operational level.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven,
coordinated with actual customer demand?Correct Answer Pull Base SystemYour Answer Push Base system
Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.
Correct Answer FalseYour Answer False
Select The BlankQuestion In the MRP package referred in the example, the entry of capacity
data is to see if we are________ production capacity.Correct Answer ExceedingYour Answer Not meeting
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and
variable quantity at fixed times has implications for :-Page 1
Supply chain Management 2Correct Answer Safety stock , Operational responsiveness , Level of risk
involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk
involved given variable supply
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical
Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery
date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time
Select The BlankQuestion One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly,
it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing
effort to run the systemYour Answer Management & effort , Initial implementation , The continuing
effort to run the system
Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the
company to realize their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately
True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaulYour Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network
that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used ,
coding system
Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is
mainly based on:-Correct Answer Decision MakingYour Answer Data Structure
Match The FollowingQuestion Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.16
Director/GM participation in SCM activity 0.28 0.28
Vice President participation in SCM activity 0.17 0.17Page 2
Supply chain Management 2
President participation in SCM activity 0.14 0.14
True/FalseQuestion In the supply chain, a team of four player, retailer, distributor,
warehouse, factory is require to get involved for the success.Correct Answer TrueYour Answer True
True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates itYour Answer MRP translates it
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet
those requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for
the organization?Correct Answer CommonYour Answer Common
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term
True/FalseQuestion The globalization of supply chain does not change the requirement
within supply chain management.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look
at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
Index
True/FalseQuestion If the supply chain do not track uncertainties than it leads to non
optimal stocking levels.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle
counting?Correct Answer To provide for cause , To provide for corrective action , To
provide for future actionYour Answer Measure the level of conformance to expectable , To provide for
cause , To provide for corrective action
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement,
Page 3
Supply chain Management 2experiences a radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time
to market , Low product proliferationYour Answer Low value of short time to market , Low product proliferation ,
Medium inventory value
Select The BlankQuestion A further development of ________ performance measures is that a
matrix of indicators can be formulated to relate main process of Logistics to themajor long term goals.Correct Answer LogisticsYour Answer Distribution
True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type
of Average squared error?Correct Answer LowestYour Answer Zero
Select The BlankQuestion The indirect cost increase has the consequent ________ the
infrastructure & resources.Correct Answer Impacts onYour Answer Effects on
Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996
Select The BlankQuestion In re-order level approach average stock levels stay more or
________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less
Match The FollowingQuestion Correct Answer Your Answer
Stock out ratio Is comparison of % of demand actually satisfied with the definedservice Is comparison of % of demand actually satisfied with the defined service
Lead time Is the time between a replenishment need arising & new deliveries beingready for use Is the time between a replenishment need arising & new deliveriesbeing ready for use
Inventory service level Is % probability of stock availability to meet demands Is% probability of stock availability to meet demands
ABC Analysis Can be used to classify stock groups Can be used to classify stockgroups
Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal
Level of Order QuantityYour Answer Setting Safety Stock level , Optimal Level of Order Quantity ,
Setting of production levels
Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by
which methods?Page 4
Supply chain Management 2Correct Answer Just in timeYour Answer Just in time
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook
PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering /
holding cost can be reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering /
holding cost can be reduced , Continuous improvement always striving to improve
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed
becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability
Select The BlankQuestion Japanese logistics performance and its ________ are paramount
priorities in their business environment.Correct Answer EffectivenessYour Answer Effectiveness
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with
disruption.Correct Answer ContingencyYour Answer Contingency
Page 5
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through
understanding of the requirement of :-Correct Answer Customer
Your Answer Production
Multiple Choice Single AnswerQuestion Almost 50% of Indian industries are using which of the following
concepts?Correct Answer TQM
Your Answer ERP
Multiple Choice Multiple AnswerQuestion JIT is :-
Correct Answer Top Down system , Centrally organized , Imposed productionsystem
Your Answer Top Down system , Centrally organized , Implementprocurement system
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for
Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue
Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high
criticality, must hold high levels of stock and thereby allowingsafety margins for :-
Correct Answer Delivery , Lead time , Demand Fluctuation
Your Answer Delivery , Lead time , Demand Fluctuation
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Strategic
True/False
Question In SCM concept, there is no requirement of comparing factoryresponses to market place set up input.
Correct Answer False
Your Answer True
True/FalseQuestion All movements throughout the factory is controlled by Kanbans,
and since the Kanbans specify item precisely, no defects can betolerated.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for
major market places like:-Correct Answer America , Asia , Europe
Your Answer America , Asia , Europe
Select The BlankQuestion The primary purpose of inventory is to ________ against any
uncertainty that might exist in supply chain.Correct Answer Buffer
Your Answer Buffer
Match The FollowingQuestion Correct Answer Your Answer
Outgoing inventory Is predicted or expectedsales
Is the amount of inventoryon hand at end of planningperiod
Gross Requirement The forecast demand forthe item
Is predicted or expectedsales
Scheduled Receipt Any scheduled receiptfrom previous orders thatare currently beingprocessed
Any scheduled receipt fromprevious orders that arecurrently being processed
On hand inventory Is the amount of inventoryon hand at start ofplanning period
Is the amount of inventoryon hand at start of planningperiod
True/FalseQuestion JIT/TQM are the tools for SCM.
Correct Answer True
Your Answer True
True/FalseQuestion In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.Correct Answer True
Your Answer True
True/FalseQuestion Postponement does guarantee win win situation under all
circumstance in spite of cost involved.Correct Answer True
Your Answer True
True/FalseQuestion Backorder means an unfilled customer order.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The information Enriched simulation Model is based on :-
Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Select The BlankQuestion In the MRP package referred in the example, the entry of
capacity data is to see if we are________ production capacity.Correct Answer Exceeding
Your Answer Not meeting
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production
schedule become extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches aremethods
Which facilitate concisereview & at the same timeattempt to accommodatethe above polarity.
For the most part givenormative models for morestrategic decisions.
Rough cut methods giveguiding policies
For the operationdecisions.
Give guiding policies forstrategic decisions.
Network design methods For the most part givenormative models formore strategic decisions.
For the operationdecisions.
Simulation is the methodby which
A comprehensive supplychain model can beanalyzed.
Give normative models formore operator decisions.
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?
Correct Answer Three
Your Answer Three
Select The BlankQuestion The geographic placement of production facility, stocking points
& sourcing is the ________ step in creating supply chain.Correct Answer First
Your Answer Fifth
Select The BlankQuestion The integration will make each unit of organization understand
how the action will impact other parts of & enabling it to choosealternative that ________ the organization goal.
Correct Answer Optimize
Your Answer Satisfy
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken
lightly, it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing
effort to run the systemYour Answer Management & effort , Initial implementation , The continuing
effort to run the system
Select The Blank
Question BOMs are structural ________ that changes relativelyinfrequently.
Correct Answer Information
Your Answer Items
Select The BlankQuestion The models that describe operational decisions are often very
________ in nature.Correct Answer Specific
Your Answer Specific
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Intermediate and Finished products
True/FalseQuestion Regardless of how inventory movement is accounted for, it must
be done correctly if accurate inventory records are to beachieved.
Correct Answer True
Your Answer True
Select The BlankQuestion Paper or computer records require time to check ________
against recorder level.Correct Answer Stock
Your Answer Inventory
Multiple Choice Single AnswerQuestion The location decision in supply chain entities are concerned
with:-Correct Answer Plants
Your Answer Inventories
Multiple Choice Single AnswerQuestion An example of multiple equation method given in an economic
model is the treasury model of which economy?Correct Answer UK
Your Answer US
Select The BlankQuestion The recent development within information technology and
software Engineering gives ________ opportunity for Integrationand Co-ordination.
Correct Answer Unprecedented
Your Answer Unbelievable
Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied
by the cost of:-Correct Answer Placing an order
Your Answer Placing an order
Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to
have fixed period as possible to have market driven :-Correct Answer Production
Your Answer Production
Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered
are :-Correct Answer Full Regular Time capacity , No over time Planning , No
SubcontractingYour Answer Full Regular Time capacity , No Subcontracting , No Machine
Addition.
Select The BlankQuestion As compared to minimal cost strategy the level strategy is
________.Correct Answer Cheaper
Your Answer Cheaper
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-
Correct Answer Short Term , Medium Term , Long Term
Your Answer Short Term , Medium Term , Long Term
True/False
Question A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer True
Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Multiple AnswerQuestion The inventory control systems are :-
Correct Answer Two bin , Re-order cycle , Annual demand
Your Answer Two bin , Re-order cycle , Monthly demand
True/FalseQuestion The key point about structural information is that it changes
relatively infrequently.Correct Answer True
Your Answer True
Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift
towards ________ of responsibility.Correct Answer Decentralization
Your Answer Delegation
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be
treated as ________.Correct Answer Cost saving centre
Your Answer Cost saving centre
True/FalseQuestion JIT need to be applied to all stages of process.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of
the value flow across the :-Correct Answer Supply chain
Your Answer Supply chain
Multiple Choice Multiple AnswerQuestion The data entered for the problem scenario are :-
Correct Answer Planning Resources Name , Capacity Unit of PlanningResourcing , Capacity Requirement per Product
Your Answer Capacity Unit of Planning Resourcing , Capacity Requirementper Product , Total Number of Planning Resources
Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated
with CBI/DTI ________ sourcing initiative.Correct Answer partnership
Your Answer partnership
Sem - 4th Supply Chain Management 1
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single AnswerQuestion The decision on mode of transport are influenced by geographical placements of :-
Correct Answer Plants & Warehouse
Your Answer Supplier Location
Multiple Choice Single AnswerQuestion What is the meaning of EDIFACT ?
Correct Answer Electronic Data Interchanged for Administration , Commerce & Transport
Your Answer Electronic Data Interchanged for Administration , Commerce & Transport
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Strategic
True/FalseQuestion Regardless of how inventory movement is accounted for, it must be done correctly if
accurate inventory records are to be achieved.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-
Correct Answer How many centers to have? , Location of centres , Size of centres
Your Answer How many centers to have? , Location of centres , Size of centres , To which GM plantcentres will send?
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Barrel , Rail , Ocean , Air
Multiple Choice Multiple AnswerQuestion JIT is a suitable production system, when :-
Correct Answer A reasonable number of units made , A product is of high value , Setup time on machineis short
Your Answer A reasonable number of units made , A product is of high value , Setup time on machineis short , Quality may be assured
Sem - 4th Supply Chain Management 2
Multiple Choice Single AnswerQuestion After the World War II, average production rate of American worker compared to that of
Japanese worker was :-Correct Answer Seven times
Your Answer Seven times
Multiple Choice Multiple AnswerQuestion The Technique used for pipeline performance improvement are :-
Correct Answer Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing
Your Answer Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing ,Cascade Manufacturing
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and
________.Correct Answer Requested delivery date
Your Answer Requested delivery date
Select The BlankQuestion BOM can have ________ levels.
Correct Answer Many
Your Answer Many
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain manager for
inventory is to :-Correct Answer Decrease it
Your Answer Make Zero
Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?
Correct Answer Changing environment
Your Answer Uncertain demands
Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace inventory of :-
Correct Answer Customers , Manufacturers , Suppliers
Your Answer Suppliers , Customers , Distributors , Manufacturers
Sem - 4th Supply Chain Management 3
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Single AnswerQuestion In order to calculate 3 months moving average we must have how many observations?
Correct Answer Three
Your Answer Three
Multiple Choice Multiple AnswerQuestion The three things in personnel / business life, most people would like to forecast are :-
Correct Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery
Your Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery ,Income
True/FalseQuestion In practice, the data items for MPS will have normally same value in each week.
Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-
Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced ,Continuous improvement always striving to improve
Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced ,Continuous improvement always striving to improve , Belief that ordering cost cant bereduced
Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the
________ step in creating supply chain.Correct Answer First
Your Answer First
Multiple Choice Single AnswerQuestion Experts thought that by 1990, in schools / colleges, there would be widespread use of
what type of sophisticated teaching?Correct Answer Machines
Your Answer Aids
Sem - 4th Supply Chain Management 4
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.
Correct Answer Contingency
Your Answer Contingency
Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-
Correct Answer Downstream
Your Answer Downstream
True/FalseQuestion Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer True
Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply chain operate :-
Correct Answer Independently
Your Answer Interdependently
Multiple Choice Single AnswerQuestion The third party logistics companies' capabilities are the result of extensive investment in
:-Correct Answer Technology
Your Answer Warehousing
Select The BlankQuestion Once we have all the information we should be able to ________ in terms of when to
place order with suppliers.Correct Answer Calculate
Your Answer Prepare
True/False
Sem - 4th Supply Chain Management 5
Question The effect of buying discount / price breaks does need to be calculated additionally.
Correct Answer False
Your Answer True
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-
Correct Answer Assets
Your Answer Assets
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.
Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.
Modeling Is the process by which we try togain the understanding of how thecorresponding system behaves.
Is the process by which we try togain the understanding of how thecorresponding system behaves.
Simulation Is the tool for understandingissues of organizational decisionmaking.
Is the tool for understanding issuesof organizational decision making.
System Is the facility or process ofinterest.
Is the facility or process of interest.
True/FalseQuestion By going beyond internal supply chain & including external suppliers and customers
does not expose opportunities for improving internal operations.Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive effect on :-
Correct Answer Logistic Cost , Customer satisfaction
Your Answer Logistic Cost , Customer satisfaction , Employee Morale , Operative Cost
Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might
exist in supply chain.Correct Answer Buffer
Your Answer Act as Safety stock
True/False
Sem - 4th Supply Chain Management 6
Question In SCM concept, there is no requirement of comparing factory responses to marketplace set up input.
Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the
effective :-Correct Answer Management
Your Answer Operation
Multiple Choice Multiple AnswerQuestion The treasury model of economy referred in the book which contains many variable and
is used to look at the effect of :-Correct Answer Interest Rate Changes , Tax Changes , Oil Price Change
Your Answer Interest Rate Changes , Tax Changes , Oil Price Change , Vehicle Rate Changes
Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of
Supply Chain to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventory
Your Answer Spare Parts , Raw Material , Finished Goods , Work in process inventory
Multiple Choice Single AnswerQuestion The term productivity is often ill-defined but basically, it's measurement is that of a
prescribed output to the resources :-Correct Answer Consumed
Your Answer Used
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-
Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?
Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Pressure For the Change , Shared Vision , Capacity for Change , Outbound Training
True/FalseQuestion Lead Time, Order control and Stock levels reduction are the variables in SCM model.
Sem - 4th Supply Chain Management 7
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?
Correct Answer Three
Your Answer Three
Multiple Choice Single AnswerQuestion To increase flexibility on production line what will have to be done with setup & change
overtimes?Correct Answer Decrease
Your Answer Decrease
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed
times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply
Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply ,Re-order level
True/FalseQuestion It would be impossible to find the minimum cost solution manually.
Correct Answer True
Your Answer False
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches aremethods
Which facilitate concise review &at the same time attempt toaccommodate the above polarity.
Which facilitate concise review & atthe same time attempt toaccommodate the above polarity.
Rough cut methods give guidingpolicies
For the operation decisions. For the operation decisions.
Network design methods For the most part give normativemodels for more strategicdecisions.
For the most part give normativemodels for more strategicdecisions.
Simulation is the method by which A comprehensive supply chainmodel can be analyzed.
A comprehensive supply chainmodel can be analyzed.
2ND COPY
Sem - 4th Supply Chain Management 8
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes
more important capability.Correct Answer Applicability
Your Answer Applicability
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery date
Your Answer Goods received
True/FalseQuestion There are no international EDI standards. The user organization require to
develop it for their operation only.Correct Answer False
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up andCollection
Material Follow-up
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Sem - 4th Supply Chain Management 9
Your Answer True
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Is the tool for understandingissues of organizationaldecision making.
Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Simulation Is the tool for understandingissues of organizationaldecision making.
Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
System Is the facility or process ofinterest.
Is the tool used test the impactof strategic level decision haveon supply chain performance.
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/False
Sem - 4th Supply Chain Management 10
Question The corporations production Kanban is the card which regulates the suppliersproduction kanban.
Correct Answer False
Your Answer True
Select The BlankQuestion The exponenti________y smoothed moving average takes into account All of
the previous observations.Correct Answer All
Your Answer Majority
Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed in
________ figures to reconcile physical stock against book stock.Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero , Planning Period is 6 weeks
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished goodsbut the focus is given to :-
Correct Answer End User
Your Answer End User
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce
their :-Correct Answer Assets
Your Answer Non Core Activities
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the
planning period.Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple Answer
Sem - 4th Supply Chain Management 11
Question The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projectedsales
Your Answer Scheduled receipt , Projected net required , Planned order Release , Projectedsales
Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
Your Answer Cycle counting , Control group cycle counting , Random cycle counting ,Physical inventory
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be
ordered is :-Correct Answer 135
Your Answer 150
Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with
order taking employees?Correct Answer Purchasing
Your Answer Logistics
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since the
Kanbans specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most
significant impact?Correct Answer Production
Your Answer Design
Multiple Choice Single Answer
Sem - 4th Supply Chain Management 12
Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-
Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/FalseQuestion The constant m is called smoothing constant in single exponentially
smoothing.Correct Answer True
Your Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of
item.Correct Answer Compare
Your Answer Predict
Select The BlankQuestion A further development of ________ performance measures is that a matrix of
indicators can be formulated to relate main process of Logistics to the majorlong term goals.
Correct Answer Logistics
Your Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's
requirement, JIT has :Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
True/False
Sem - 4th Supply Chain Management 13
Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic
objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer , EDBMS
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system
Select The BlankQuestion The four key figures of logistics strategic environment are competition,
market served, technology and ________ satisfactionCorrect Answer Stake holder's
Your Answer Customer's
True/FalseQuestion Total productivity appears the only relevant productivity measure for decision
making purpose.Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the
factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products
Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?Correct Answer 1985
Your Answer 1980
Multiple Choice Single Answer
Sem - 4th Supply Chain Management 14
Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?
Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter has
to drive to and obtain a minor part?Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control elements
such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its
existing business?Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total
productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes
more important capability.Correct Answer Applicability
Your Answer Applicability
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery date
Your Answer Goods received
True/FalseQuestion There are no international EDI standards. The user organization require to
develop it for their operation only.Correct Answer False
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up andCollection
Material Follow-up
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Is the tool for understandingissues of organizationaldecision making.
Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.
Simulation Is the tool for understandingissues of organizationaldecision making.
Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.
System Is the facility or process ofinterest.
Is the tool used test the impactof strategic level decision haveon supply chain performance.
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/FalseQuestion The corporations production Kanban is the card which regulates the
suppliers production kanban.Correct Answer False
Your Answer True
Select The BlankQuestion The exponenti________y smoothed moving average takes into account All
of the previous observations.Correct Answer All
Your Answer Majority
Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed
in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero , Planning Period is 6 weeks
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished goods butthe focus is given to :-
Correct Answer End User
Your Answer End User
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to
reduce their :-Correct Answer Assets
Your Answer Non Core Activities
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the
planning period.Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Your Answer Scheduled receipt , Projected net required , Planned order Release ,Projected sales
Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
Your Answer Cycle counting , Control group cycle counting , Random cycle counting ,Physical inventory
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be
ordered is :-Correct Answer 135
Your Answer 150
Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with
order taking employees?Correct Answer Purchasing
Your Answer Logistics
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since
the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most
significant impact?Correct Answer Production
Your Answer Design
Multiple Choice Single Answer
Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-
Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/FalseQuestion The constant m is called smoothing constant in single exponentially
smoothing.Correct Answer True
Your Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of
item.Correct Answer Compare
Your Answer Predict
Select The BlankQuestion A further development of ________ performance measures is that a matrix
of indicators can be formulated to relate main process of Logistics to themajor long term goals.
Correct Answer Logistics
Your Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's
requirement, JIT has :Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
True/False
Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic
objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer , EDBMS
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system
Select The BlankQuestion The four key figures of logistics strategic environment are competition,
market served, technology and ________ satisfactionCorrect Answer Stake holder's
Your Answer Customer's
True/FalseQuestion Total productivity appears the only relevant productivity measure for decision
making purpose.Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the
factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products
Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?Correct Answer 1985
Your Answer 1980
Multiple Choice Single Answer
Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?
Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter
has to drive to and obtain a minor part?Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control
elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its
existing business?Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total
productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day
Supply Management ALPANA
True/FalseQuestion The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among shippers.Correct Answer FalseYour Answer True
Select The BlankQuestion ________ is only the management philosophy which helps organisation to move from one step to another.Correct Answer BenchmarkingYour Answer Benchmarking
Select The BlankQuestion ________ demand is converted into order information and passed down through the supply chain to trigger product release to
the customer.Correct Answer End ConsumerYour Answer Market
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Replacement cost
True/FalseQuestion Supply chain is the expense centre in the organization.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion In order to calculate 3 months moving average we must have how many observations?Correct Answer ThreeYour Answer Three
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-Correct Answer AssetsYour Answer Assets
Multiple Choice Single AnswerQuestion An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic response to :-Correct Answer Simulation ModelYour Answer Simulation Model
True/FalseQuestion Customer service is prime motto for SCM.Correct Answer TrueYour Answer True
True/FalseQuestion Retailers are not interested in low stock run.Correct Answer TrueYour Answer True
True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion The decision to hire 3PL services appears to originate from :-Correct Answer Top ManagementYour Answer Top Management
Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in
demand.Correct Answer LessYour Answer Less
Multiple Choice Multiple Answer
Question The information Enriched comprises of:-Correct Answer Consumer Habits , Habit frequency , Future dispatch fluctuationYour Answer Consumer Habits , Habit frequency , Future dispatch fluctuation
True/FalseQuestion Entities in a supply chain may belong to different organization within different companies.Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high criticality, must hold high levels of stock and thereby allowing
safety margins for :-Correct Answer Delivery , Lead time , Demand FluctuationYour Answer Delivery , Lead time , Demand Fluctuation
Select The BlankQuestion Category C items are relatively unimportant inventory items & are responsible for ________% of inventory cost.Correct Answer 5Your Answer 10
Multiple Choice Single AnswerQuestion Within the newly arranged factory floor, workers were encouraged to be the :-Correct Answer Members of teamYour Answer Members of team
Select The BlankQuestion Simple method for Time series forecasting is to take a ________ Average.Correct Answer MovingYour Answer Moving
Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-Correct Answer Production & warehouse premises , Production equipment , Information & IT systemYour Answer Information & IT system , Production & warehouse premises , Production equipment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is ZeroYour Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero
Multiple Choice Multiple AnswerQuestion To forecast the date of death the knowledge of the following is necessary :-Correct Answer Life expectancy of Middle age , Medical test data on persons , His Living StyleYour Answer Life expectancy of Middle age , Medical test data on persons , His Living Style
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item
Multiple Choice Multiple AnswerQuestion EDIFACT is :-Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI StandardYour Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard
Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Percentage Wide Management
Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the total number of suppliers.Correct Answer ReduceYour Answer Increase
Multiple Choice Single AnswerQuestion In the Supply Chain approach the example for the Individual set of Business activities is the :-Correct Answer Logistics ActivitiesYour Answer Logistics Activities
Multiple Choice Multiple AnswerQuestion With component commonality step 1(operation) storage 1 (buffer) will depend on :-Correct Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics of
scale) , Potential savings, due to reduction of inventory at storage
Your Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics ofscale) , Potential savings, due to reduction of inventory at storage
Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might exist in supply chain.Correct Answer BufferYour Answer Act as Safety stock
Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for major market places like:-Correct Answer America , Asia , EuropeYour Answer America , Asia , Europe
True/FalseQuestion The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal
weightage.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion How many weeks is the lead time between releasing an order to shop floor & producing a finished good?Correct Answer 2Your Answer 2
Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier
discountsYour Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More RevenueYour Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
Multiple Choice Single AnswerQuestion The Total pipeline usage of direct market data is reduced when the system filters out of high frequency fluctuations in
demand. This is known as :-Correct Answer Forrester EffectYour Answer Ferguson Effect
Multiple Choice Multiple AnswerQuestion Risk a stock out can be faced because of :-Correct Answer Delay in resupply , Higher than anticipated usage , Unpredictable demandYour Answer Delay in resupply , Higher than anticipated usage , Unpredictable demand
Select The BlankQuestion The Function for EDI software is message tracking and ________.Correct Answer Audit TrailYour Answer LACES
Match The FollowingQuestion Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Industrial dynamics Burbidge Del-Vecchio
Multiple Choice Multiple AnswerQuestion Which are the SMART goals?Correct Answer Specific , Measurable , AttainableYour Answer Specific , Measurable , Attainable
Select The BlankQuestion As compared to minimal cost strategy the level strategy is ________.Correct Answer CheaperYour Answer Complex
True/FalseQuestion Another aspect of Toyoto production system was reduction of setup time.
Correct Answer TrueYour Answer True
Select The BlankQuestion One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the
major customers.Correct Answer ClusteredYour Answer Non-clustered
Select The BlankQuestion All of the product, process & infrastructure changes ________ will have an impact on the knowledge & skills the employees
will need to posses.Correct Answer OutlinedYour Answer Given
True/FalseQuestion EDI helps in Just In Time for manufacturing.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Developing corrective action establishes That the effort should be carefully organized else success will not be achievedWhether or not conformance to expectation is present
Random cycle counting establishes Whether or not conformance to expectation is present The physical quantityavailable
Counting the control group establishes The physical quantity available conformance toexpectation is present
Comparing the counts to records establishes The comparing physical count to computer records The computer recordavailable
Multiple Choice Single AnswerQuestion Calculation of Economic Order Quantity seeks to reconcile, ordering & holding cost for what size of order?Correct Answer OptimumYour Answer Optimum
LIST OF ATTEMPTED QUESTIONS AND ANSWERS MAYANK GOYAL
True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the example given?Correct Answer 5Your Answer 2
Select The BlankQuestion The purpose of the analysis is to discern some relationship between Y1 values observed so far in order to ________ us to
forecast future values of Y1.Correct Answer EnableYour Answer Allow
True/FalseQuestion MRP package can be used to examine, meeting the predetermined production schedule for chairs.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
Multiple Choice Single AnswerQuestion Hiring cost per employee is:-Correct Answer Hiring costYour Answer Employing cost
True/False
Question Retailers are not interested in low stock run.Correct Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion In the world class logistics study (Published in 1995) there is requirement of :-Correct Answer New SCM approachYour Answer New SCM approach
True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-Correct Answer Modular Organization of work , Multi-skilling , On the job training proceduresYour Answer Modular Organization of work , Multi-skilling , Minimum level of quality to satisfy customers
Multiple Choice Multiple AnswerQuestion JIT is :-Correct Answer Top Down system , Centrally organized , Imposed production systemYour Answer Top Down system , Centrally organized , Imposed production system
Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer Used to control the flow of item through the production process , A push process , A signal or message of
communicationYour Answer A signal or message of communication , Used to control the flow of item through the production process , A push process
Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as possible to have market driven :-Correct Answer ProductionYour Answer Procurement
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed
production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.Correct Answer ContingencyYour Answer Emergency
Multiple Choice Single AnswerQuestion In the Stage of Technological Development for IT enabled Supply Chain following thing is very important :-Correct Answer MRP-I, MRP-II, ERPYour Answer ABC analysis, JIT, Traditional System
Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based , Operation Based
Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans of several plants.Correct Answer ProductionYour Answer Transportation
Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace inventory of :-Correct Answer Manufacturers , Suppliers , CustomersYour Answer Manufacturers , Suppliers , Customers
Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.Correct Answer £ 25Your Answer £ 27
Select The BlankQuestion The third party providers who can ________ the need of transition from their focus on product oriented services to new
strategies like long term business partnerships will most likely enjoy long term success.Correct Answer MeetYour Answer Support
Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant of the following?Correct Answer KanbanYour Answer Kanban
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quantity , Quality , Delivery
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In this measurements usually covers :-Correct Answer Customer , Internal Business , TrainingYour Answer Internal Business , Training , EDBMS
Multiple Choice Multiple AnswerQuestion The inventory control systems are :-Correct Answer Two bin , Re-order cycle , Annual demandYour Answer Two bin , Annual demand
Select The BlankQuestion The recent development within information technology and software Engineering gives ________ opportunity for Integration
and Co-ordination.Correct Answer UnprecedentedYour Answer Unlimited
True/FalseQuestion In practice, the data items for MPS will have normally same value in each week.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion Just in Time means that items move through which system as & when they are needed?Correct Answer ProductionYour Answer Distribution
Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the ________ step in creating supply chain.Correct Answer FirstYour Answer Second
Select The BlankQuestion ________ demand is converted into order information and passed down through the supply chain to trigger product release to
the customer.Correct Answer End ConsumerYour Answer Market
Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventoryYour Answer Spare Parts , Raw Material , Finished Goods
Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5, 60 in week 6 then the requirement of backs are :-Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4Your Answer 90 in week 3 , 60 in week 4
Multiple Choice Single AnswerQuestion Who has given a design oriented approach in management control literature?Correct Answer VosselmanYour Answer Cooper
Select The BlankQuestion The mode choice aspect of transport decisions are more ________ ones, as they are closely linked with inventory decision.Correct Answer StrategicYour Answer Strategic
Select The Blank
Question The integration will make each unit of organization understand how the action will impact other parts of & enabling it to choosealternative that ________ the organization goal.Correct Answer OptimizeYour Answer Satisfy
Multiple Choice Single AnswerQuestion Which is the area in which no one has yet developed a reliable forecasting technique?Correct Answer Investment PolicyYour Answer Requirements
Multiple Choice Single AnswerQuestion Any mistakes in specifying BOMs could have what type of results on shop floor?Correct Answer Disastrous consequenceYour Answer Disastrous consequence
True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of using mathematical methods to obtain exact information on question of interest.Is the possibility of using mathematical methods to obtain exact information on question of interest.
Modeling Is the process by which we try to gain the understanding of how the corresponding system behaves. Is thetool used test the impact of strategic level decision have on supply chain performance.
Simulation Is the tool for understanding issues of organizational decision making. Is the possibility of using mathematicalmethods to obtain exact information on question of interest.
System Is the facility or process of interest. Is the tool used test the impact of strategic level decision have on supplychain performance.
True/FalseQuestion The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among shippers.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Which network between companies making different ingredients to many products can be charted?Correct Answer Supply networkYour Answer Production network
Match The FollowingQuestion Correct Answer Your Answer
Other Unit production cost The cost of production of one unit of the product that is not accounted in employee cost. Thecost of holding one unit in stock at the end of each period.
Hiring cost The cost of hiring an employee. The cost of hiring an employee.
Unit inventory holding cost The cost of holding one unit in stock at the end of each period. The cost of holding one unit procuredfrom external source at the end of each period.
Unit subcontracting cost The cost of each unit bought from external source. The cost of holding one unit in stock atthe end of each Month.
True/FalseQuestion The enriching the order decisions with market place information enables the factory to be much more responsive, since less
supply chain Filtering is taking place.Correct Answer TrueYour Answer True
True/FalseQuestion Logistics must be treated as cost saving function.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information System
Your Answer Integrated Logistics Function , Expertise In Information System , Specialized Logistics Function
True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True
LIST OF ATTEMPTED QUESTIONS AND ANSWERS AMIT CHUG
True/FalseQuestion Lead Time, Order control and Stock levels reduction are the variables in SCM model.Correct Answer TrueYour Answer True
Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost strategy.Correct Answer £ 500Your Answer £ 450
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.Correct Answer Cost saving centreYour Answer VADS
Select The BlankQuestion The 3 PL must overcome some problems about the perception among companies that third parties have________ their job.Correct Answer Over promised but under delivered.Your Answer Over promised but under delivered.
True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The vital player in the traditional supply chain is :-Correct Answer RetailerYour Answer Consumer
Multiple Choice Single AnswerQuestion What is required to facilitate logistics process of quickly moving material on numerous work stations on the production line?Correct Answer Clean & well organized environmentYour Answer Clean & well organized environment
Multiple Choice Single AnswerQuestion What can be seen as a measurement of resource utilization including time element?Correct Answer ProductivityYour Answer Productivity
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the effective :-Correct Answer ManagementYour Answer Management
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion In SCM metrics, customer measurements are :-Correct Answer Backorder Levels , On Time Delivery , Order Fill RateYour Answer Cycle Time , Order Fill Rate , Backorder Levels
True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate.Correct Answer TrueYour Answer True
True/False
Question The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True
Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the total number of suppliers.Correct Answer ReduceYour Answer Reduce
Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other parts of & enabling it to choose
alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Optimize
Multiple Choice Single AnswerQuestion To achieve standardization & customization at the same time, what will have to be done with products?Correct Answer Develop new products with robust designYour Answer Develop new products with robust design
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement, experiences a radically different picture in their business
like :-Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferationYour Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation
Multiple Choice Multiple AnswerQuestion If the demand forecast is accurate then consequently which of the following will be accurate?Correct Answer Master Production Schedule , Material Requirement Planning , Production planningYour Answer Master Production Schedule , Material Requirement Planning , Production planning
Select The BlankQuestion Paper or computer records require time to check ________ against recorder level.Correct Answer StockYour Answer Inventory
Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Attentive
Match The FollowingQuestion Correct Answer Your Answer
Product Champion Andraski Forrester(1960)
Pull & Push concept discussion Hoeskstra & Romme Poul Jonh
Simulation Model Sterman Andraski
Player concept Forrester(1960) Sterman
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain manager for inventory is to :-Correct Answer Decrease itYour Answer Decrease it
Select The BlankQuestion Value added data service for EDI communication is known as ________.Correct Answer VANYour Answer ANSI
Match The FollowingQuestion Correct Answer Your Answer
Expedition More frequent & flexible delivery may be required for realignment of process Companies that used to collect customer orderson a monthly basis will need to shorten the information collection cycle time for realignment of process
Purchasing More flexible & frequent purchasing operation need to be established for realignment of process More flexible & frequentpurchasing operation need to be established for realignment of process
Manufacturing If the installation of the most expensive components is to be delayed as much as possible, change in the sequence &timing of manufacturing steps may be required for realignment of process If the installation of the most expensive components is to bedelayed as much as possible, change in the sequence & timing of manufacturing steps may be required for realignment of process
Order taking Companies that used to collect customer orders on a monthly basis will need to shorten the information collection cycle timefor realignment of process More frequent & flexible delivery may be required for realignment of process
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as possible to have market driven :-Correct Answer ProductionYour Answer Production
True/FalseQuestion JIT need to be applied to all stages of process.Correct Answer TrueYour Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of item.Correct Answer CompareYour Answer Predict
Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order QuantityYour Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity
Multiple Choice Single AnswerQuestion The alternative strategy to meet the increased demand will be to buy from subcontractor if it would have been :-Correct Answer At cheaper costYour Answer At cheaper cost
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Strategic
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected salesYour Answer Scheduled receipt , Projected net required , Planned order Release
True/FalseQuestion For total productivity, the Japanese concentrate on the indicators of various elements rather than measuring the output input
ratio.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Postponement benefits are :-Correct Answer Increased sales , Lower inventory holding cost , Lower scrap costYour Answer Increased sales , Lower inventory holding cost , Lower scrap cost
Multiple Choice Multiple AnswerQuestion The problems faced by the HP DCs due to traditional system were :-Correct Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed
on speedYour Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on
speed
Multiple Choice Single AnswerQuestion Today's supply chain are very complicated to be controlled based on intution, hence what is necessary to have statistical data
on the performance of supply chain?Correct Answer AccessYour Answer Access
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?Correct Answer To provide for cause , To provide for corrective action , To provide for future actionYour Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action
Multiple Choice Single Answer
Question When both the cards are used then the Kanban process is known as :-Correct Answer IntegratedYour Answer Integrated
True/FalseQuestion By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for
improving internal operations.Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion In SCM metrics, Training means :-Correct Answer Inhouse training , APICS Membership , Certification TrainingYour Answer Inhouse training , APICS Membership , Certification Training
Multiple Choice Single AnswerQuestion At what level Master Production schedule operates?Correct Answer AggregateYour Answer Aggregate
Multiple Choice Single AnswerQuestion Inadequate & excess inventory both are revenue losses for a business so as to avoid this, which of the following is required?Correct Answer TQM & JITYour Answer ERP
Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________ sourcing initiative.Correct Answer partnershipYour Answer Sterman
Multiple Choice Single AnswerQuestion How the proactive levers attack the causes of variability?Correct Answer DirectlyYour Answer Directly
Select The BlankQuestion Most real world systems are too complex to allow realistic models to be ________ analytically.Correct Answer EvaluatedYour Answer Compared
Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information SystemYour Answer Integrated Logistics Function , Expertise In Information System
LIST OF ATTEMPTED QUESTIONS AND ANSWERS ASHISH MEHTA
True/FalseQuestion The visual record process is only a sub-process in Japanese Kanban Management system.Correct Answer TrueYour Answer True
Select The BlankQuestion The Japanese have mastered supply chain management & the extent to which their ________ are involved in the product
development process.Correct Answer SuppliersYour Answer Distributors
Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of the value flow across the :-Correct Answer Supply chainYour Answer Supply chain
Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventoryYour Answer Raw Material , Finished Goods , Work in process inventory
Select The BlankQuestion All of the product, process & infrastructure changes ________ will have an impact on the knowledge & skills the employees
will need to posses.Correct Answer OutlinedYour Answer Outlined
Multiple Choice Single Answer
Question The number of weeks taken for ordering material at beginning till the finished products reach customer in the apperal industryas per Flaherty report is:-Correct Answer 58.5 weeksYour Answer 58.5 weeks
Select The BlankQuestion Supply chains consist of ________ of companies.Correct Answer Multiple LayersYour Answer Performance
True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The level strategy is solution where in number of workers are :-Correct Answer Always FixedYour Answer Always Fixed
Select The BlankQuestion Total annual cost is the function that we want to ________ by choosing an appropriate value of quantity.Correct Answer MinimiseYour Answer Keep fixed
Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in
demand.Correct Answer LessYour Answer Less
Multiple Choice Multiple AnswerQuestion The consequence of longer lead time will often be :-Correct Answer Reduce Production Facility , Higher Levels Of Inventory , Less DependabilityYour Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory
Multiple Choice Single AnswerQuestion The UK EDI Standards developed by ANA( Article Numbering Association) is Known as :-Correct Answer TRADACOMSYour Answer TRADACOMS
True/FalseQuestion The globalization of supply chain does not change the requirement within supply chain management.Correct Answer FalseYour Answer True
Select The BlankQuestion The 3 PL must overcome some problems about the perception among companies that third parties have________ their job.Correct Answer Over promised but under delivered.Your Answer Over promised but under delivered.
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven, coordinated with actual customer demand?Correct Answer Pull Base SystemYour Answer Pull Base System
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the effective :-Correct Answer ManagementYour Answer Management
Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift towards ________ of responsibility.Correct Answer DecentralizationYour Answer Centralization
Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered are :-Correct Answer Full Regular Time capacity , No over time Planning , No SubcontractingYour Answer Full Regular Time capacity , No over time Planning , No Subcontracting
Match The FollowingQuestion Correct Answer Your Answer
Planned order receipt What we will receive each period as a result of planned orders When we need to release the planned orders havingregard to lead time required
Planned order release When we need to release the planned orders having regard to lead time required What we will need in each periodto avoid stock out i.e. the orders that should be placed in order to avoid such stock outs
Projected on hand What the inventory level will be if we produce according to plan above & demand forecast is correct What the inventorylevel will be if we produce according to plan above & demand forecast is correct
Projected net requirement What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid suchstock outs What we will receive each period as a result of planned orders
True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer True
Select The BlankQuestion The recent development within information technology and software Engineering gives ________ opportunity for Integration
and Co-ordination.Correct Answer UnprecedentedYour Answer Unprecedented
Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?Correct Answer Pressure For the Change , Shared Vision , Capacity for ChangeYour Answer Pressure For the Change , Shared Vision , Capacity for Change
Match The FollowingQuestion Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services with dependability and accuracy This is the measure related to amaximum of an organizations ability to provide demanded goods & service in the amount requested
Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement &needs being consistently satisfied
Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery
Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in theamount requested It relates with the ability to perform the promised services with dependability and accuracy
Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main
process of Logistics to the major long term goals.Correct Answer LogisticsYour Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The factors that are to be taken into consideration for the suitability of the Kanban for any nation are :-Correct Answer Firm , Cultural differences , External dimensions of nation businessYour Answer Firm , Cultural differences , External dimensions of nation business
True/FalseQuestion The key to integration is co-ordination.Correct Answer TrueYour Answer True
Multiple Choice Multiple Answer
Question The information Enriched simulation Model is based on :-Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional ModelYour Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Multiple Choice Multiple AnswerQuestion The advantages of Kanban system are :-Correct Answer A simple system , Provides quick & precise information , Low cost associated with the transfer of informationYour Answer A simple system , Provides quick & precise information , Low cost associated with the transfer of information
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-Correct Answer Order taking , Purchasing , ManufacturingYour Answer Order taking , Purchasing , Manufacturing
True/FalseQuestion To reconcile JIT and EOQ, we don’t take fixed setup cost and / or variable holding cost as fixed but seek to reduce them.Correct Answer TrueYour Answer True
True/FalseQuestion Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce.Correct Answer TrueYour Answer True
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to
maintain significant amount of inventory.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply
True/FalseQuestion The strategic & Operational decisions are to effectively & efficiantly manage, the product flow in the strategically planned
supply chain.Correct Answer TrueYour Answer True
Select The BlankQuestion ________ demand is converted into order information and passed down through the supply chain to trigger product release to
the customer.Correct Answer End ConsumerYour Answer End Consumer
Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other parts of & enabling it to choose
alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Optimize
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Organisation
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always received order information from :-Correct Answer ConsumerYour Answer Consumer
True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate.Correct Answer TrueYour Answer True
True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five years.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion In Kanban concept, in which area, there is no storage?
Correct Answer ProductionYour Answer Production
Multiple Choice Single AnswerQuestion How many weeks is the lead time between releasing an order to shop floor & producing a finished good?Correct Answer 2Your Answer 2
Multiple Choice Single AnswerQuestion What is Supply Chain?Correct Answer Network of Facility & DistributionYour Answer Network of Facility & Distribution
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through understanding of the
requirement of :-Correct Answer Customer
Your Answer Production
Multiple Choice Single AnswerQuestion Almost 50% of Indian industries are using which of the following concepts?
Correct Answer TQM
Your Answer ERP
Multiple Choice Multiple AnswerQuestion JIT is :-
Correct Answer Top Down system , Centrally organized , Imposed production system
Your Answer Top Down system , Centrally organized , Implement procurement system
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain
Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue
Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high criticality, must hold high
levels of stock and thereby allowing safety margins for :-Correct Answer Delivery , Lead time , Demand Fluctuation
Your Answer Delivery , Lead time , Demand Fluctuation
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Strategic
True/FalseQuestion In SCM concept, there is no requirement of comparing factory responses to market place
set up input.
Correct Answer False
Your Answer True
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since the Kanbans
specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for major market places
like:-Correct Answer America , Asia , Europe
Your Answer America , Asia , Europe
Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might exist
in supply chain.Correct Answer Buffer
Your Answer Buffer
Match The FollowingQuestion Correct Answer Your Answer
Outgoing inventory Is predicted or expected sales Is the amount of inventory on handat end of planning period
Gross Requirement The forecast demand for the item Is predicted or expected sales
Scheduled Receipt Any scheduled receipt fromprevious orders that are currentlybeing processed
Any scheduled receipt fromprevious orders that are currentlybeing processed
On hand inventory Is the amount of inventory onhand at start of planning period
Is the amount of inventory on handat start of planning period
True/FalseQuestion JIT/TQM are the tools for SCM.
Correct Answer True
Your Answer True
True/False
Question In industries where it is particularly difficult to match supply can benefit the most fromimplementing a postpone system.
Correct Answer True
Your Answer True
True/FalseQuestion Postponement does guarantee win win situation under all circumstance in spite of cost
involved.Correct Answer True
Your Answer True
True/FalseQuestion Backorder means an unfilled customer order.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The information Enriched simulation Model is based on :-
Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Select The BlankQuestion In the MRP package referred in the example, the entry of capacity data is to see if we
are________ production capacity.Correct Answer Exceeding
Your Answer Not meeting
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely
detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches aremethods
Which facilitate concise review &at the same time attempt toaccommodate the above polarity.
For the most part give normativemodels for more strategicdecisions.
Rough cut methods give guidingpolicies
For the operation decisions. Give guiding policies for strategicdecisions.
Network design methods For the most part give normativemodels for more strategicdecisions.
For the operation decisions.
Simulation is the method by which A comprehensive supply chainmodel can be analyzed.
Give normative models for moreoperator decisions.
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?
Correct Answer Three
Your Answer Three
Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the
________ step in creating supply chain.Correct Answer First
Your Answer Fifth
Select The BlankQuestion The integration will make each unit of organization understand how the action will impact
other parts of & enabling it to choose alternative that ________ the organization goal.Correct Answer Optimize
Your Answer Satisfy
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in
terms of :-Correct Answer Management & effort , Initial implementation , The continuing effort to run the system
Your Answer Management & effort , Initial implementation , The continuing effort to run the system
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Items
Select The BlankQuestion The models that describe operational decisions are often very ________ in nature.
Correct Answer Specific
Your Answer Specific
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Intermediate and Finished products
True/FalseQuestion Regardless of how inventory movement is accounted for, it must be done correctly if
accurate inventory records are to be achieved.Correct Answer True
Your Answer True
Select The BlankQuestion Paper or computer records require time to check ________ against recorder level.
Correct Answer Stock
Your Answer Inventory
Multiple Choice Single AnswerQuestion The location decision in supply chain entities are concerned with:-
Correct Answer Plants
Your Answer Inventories
Multiple Choice Single AnswerQuestion An example of multiple equation method given in an economic model is the treasury
model of which economy?Correct Answer UK
Your Answer US
Select The BlankQuestion The recent development within information technology and software Engineering gives
________ opportunity for Integration and Co-ordination.Correct Answer Unprecedented
Your Answer Unbelievable
Multiple Choice Single Answer
Question Order cost is derived from the number of order placed multiplied by the cost of:-
Correct Answer Placing an order
Your Answer Placing an order
Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as
possible to have market driven :-Correct Answer Production
Your Answer Production
Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered are :-
Correct Answer Full Regular Time capacity , No over time Planning , No Subcontracting
Your Answer Full Regular Time capacity , No Subcontracting , No Machine Addition.
Select The BlankQuestion As compared to minimal cost strategy the level strategy is ________.
Correct Answer Cheaper
Your Answer Cheaper
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-
Correct Answer Short Term , Medium Term , Long Term
Your Answer Short Term , Medium Term , Long Term
True/FalseQuestion A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer True
Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Multiple AnswerQuestion The inventory control systems are :-
Correct Answer Two bin , Re-order cycle , Annual demand
Your Answer Two bin , Re-order cycle , Monthly demand
True/FalseQuestion The key point about structural information is that it changes relatively infrequently.
Correct Answer True
Your Answer True
Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift towards ________ of
responsibility.Correct Answer Decentralization
Your Answer Delegation
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.
Correct Answer Cost saving centre
Your Answer Cost saving centre
True/FalseQuestion JIT need to be applied to all stages of process.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of the value flow across
the :-Correct Answer Supply chain
Your Answer Supply chain
Multiple Choice Multiple AnswerQuestion The data entered for the problem scenario are :-
Correct Answer Planning Resources Name , Capacity Unit of Planning Resourcing , CapacityRequirement per Product
Your Answer Capacity Unit of Planning Resourcing , Capacity Requirement per Product , TotalNumber of Planning Resources
Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________
sourcing initiative.Correct Answer partnership
Your Answer partnership
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single AnswerQuestion The decision on mode of transport are influenced by geographical placements of :-
Correct Answer Plants & Warehouse
Your Answer Supplier Location
Multiple Choice Single AnswerQuestion What is the meaning of EDIFACT ?
Correct Answer Electronic Data Interchanged for Administration , Commerce & Transport
Your Answer Electronic Data Interchanged for Administration , Commerce & Transport
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Strategic
True/FalseQuestion Regardless of how inventory movement is accounted for, it must be done correctly if
accurate inventory records are to be achieved.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-
Correct Answer How many centers to have? , Location of centres , Size of centres
Your Answer How many centers to have? , Location of centres , Size of centres , To which GM plantcentres will send?
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Barrel , Rail , Ocean , Air
Multiple Choice Multiple AnswerQuestion JIT is a suitable production system, when :-
Correct Answer A reasonable number of units made , A product is of high value , Setup time on machineis short
Your Answer A reasonable number of units made , A product is of high value , Setup time on machineis short , Quality may be assured
Multiple Choice Single AnswerQuestion After the World War II, average production rate of American worker compared to that of
Japanese worker was :-Correct Answer Seven times
Your Answer Seven times
Multiple Choice Multiple AnswerQuestion The Technique used for pipeline performance improvement are :-
Correct Answer Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing
Your Answer Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing ,Cascade Manufacturing
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and
________.Correct Answer Requested delivery date
Your Answer Requested delivery date
Select The Blank
Question BOM can have ________ levels.
Correct Answer Many
Your Answer Many
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain manager for
inventory is to :-Correct Answer Decrease it
Your Answer Make Zero
Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?
Correct Answer Changing environment
Your Answer Uncertain demands
Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace inventory of :-
Correct Answer Customers , Manufacturers , Suppliers
Your Answer Suppliers , Customers , Distributors , Manufacturers
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Single AnswerQuestion In order to calculate 3 months moving average we must have how many observations?
Correct Answer Three
Your Answer Three
Multiple Choice Multiple AnswerQuestion The three things in personnel / business life, most people would like to forecast are :-
Correct Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery
Your Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery ,Income
True/FalseQuestion In practice, the data items for MPS will have normally same value in each week.
Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-
Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced ,Continuous improvement always striving to improve
Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced ,Continuous improvement always striving to improve , Belief that ordering cost cant bereduced
Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the
________ step in creating supply chain.Correct Answer First
Your Answer First
Multiple Choice Single AnswerQuestion Experts thought that by 1990, in schools / colleges, there would be widespread use of
what type of sophisticated teaching?Correct Answer Machines
Your Answer Aids
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.
Correct Answer Contingency
Your Answer Contingency
Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-
Correct Answer Downstream
Your Answer Downstream
True/FalseQuestion Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer True
Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply chain operate :-
Correct Answer Independently
Your Answer Interdependently
Multiple Choice Single AnswerQuestion The third party logistics companies' capabilities are the result of extensive investment in
:-Correct Answer Technology
Your Answer Warehousing
Select The BlankQuestion Once we have all the information we should be able to ________ in terms of when to
place order with suppliers.Correct Answer Calculate
Your Answer Prepare
True/FalseQuestion The effect of buying discount / price breaks does need to be calculated additionally.
Correct Answer False
Your Answer True
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-
Correct Answer Assets
Your Answer Assets
Match The Following
Question Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.
Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.
Modeling Is the process by which we try togain the understanding of how thecorresponding system behaves.
Is the process by which we try togain the understanding of how thecorresponding system behaves.
Simulation Is the tool for understandingissues of organizational decisionmaking.
Is the tool for understanding issuesof organizational decision making.
System Is the facility or process ofinterest.
Is the facility or process of interest.
True/FalseQuestion By going beyond internal supply chain & including external suppliers and customers
does not expose opportunities for improving internal operations.Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive effect on :-
Correct Answer Logistic Cost , Customer satisfaction
Your Answer Logistic Cost , Customer satisfaction , Employee Morale , Operative Cost
Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might
exist in supply chain.Correct Answer Buffer
Your Answer Act as Safety stock
True/FalseQuestion In SCM concept, there is no requirement of comparing factory responses to market
place set up input.Correct Answer False
Your Answer False
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the
effective :-
Correct Answer Management
Your Answer Operation
Multiple Choice Multiple AnswerQuestion The treasury model of economy referred in the book which contains many variable and
is used to look at the effect of :-Correct Answer Interest Rate Changes , Tax Changes , Oil Price Change
Your Answer Interest Rate Changes , Tax Changes , Oil Price Change , Vehicle Rate Changes
Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of
Supply Chain to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventory
Your Answer Spare Parts , Raw Material , Finished Goods , Work in process inventory
Multiple Choice Single AnswerQuestion The term productivity is often ill-defined but basically, it's measurement is that of a
prescribed output to the resources :-Correct Answer Consumed
Your Answer Used
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-
Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?
Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Pressure For the Change , Shared Vision , Capacity for Change , Outbound Training
True/FalseQuestion Lead Time, Order control and Stock levels reduction are the variables in SCM model.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?
Correct Answer Three
Your Answer Three
Multiple Choice Single AnswerQuestion To increase flexibility on production line what will have to be done with setup & change
overtimes?Correct Answer Decrease
Your Answer Decrease
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed
times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply
Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply ,Re-order level
True/FalseQuestion It would be impossible to find the minimum cost solution manually.
Correct Answer True
Your Answer False
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches aremethods
Which facilitate concise review &at the same time attempt toaccommodate the above polarity.
Which facilitate concise review & atthe same time attempt toaccommodate the above polarity.
Rough cut methods give guidingpolicies
For the operation decisions. For the operation decisions.
Network design methods For the most part give normativemodels for more strategicdecisions.
For the most part give normativemodels for more strategicdecisions.
Simulation is the method by which A comprehensive supply chainmodel can be analyzed.
A comprehensive supply chainmodel can be analyzed.
2ND COPY
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes more important
capability.Correct Answer Applicability
Your Answer Applicability
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and
________.Correct Answer Requested delivery date
Your Answer Goods received
True/FalseQuestion There are no international EDI standards. The user organization require to develop it for their
operation only.Correct Answer False
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up and Collection Material Follow-up
True/False
Question Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.
Is the tool for understanding issuesof organizational decision making.
Modeling Is the process by which we try togain the understanding of how thecorresponding system behaves.
Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.
Simulation Is the tool for understanding issuesof organizational decision making.
Is the process by which we try togain the understanding of how thecorresponding system behaves.
System Is the facility or process of interest. Is the tool used test the impact ofstrategic level decision have onsupply chain performance.
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/FalseQuestion The corporations production Kanban is the card which regulates the suppliers production
kanban.Correct Answer False
Your Answer True
Select The BlankQuestion The exponenti________y smoothed moving average takes into account All of the previous
observations.Correct Answer All
Your Answer Majority
Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed in ________
figures to reconcile physical stock against book stock.Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero ,Planning Period is 6 weeks
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material & information flow, right
from raw material to consumption of finished goods but the focus is given to :-Correct Answer End User
Your Answer End User
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-
Correct Answer Assets
Your Answer Non Core Activities
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the planning period.
Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales
Your Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales
Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Use their Knowledge
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
Your Answer Cycle counting , Control group cycle counting , Random cycle counting , Physical inventory
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be ordered is :-
Correct Answer 135
Your Answer 150
Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with order taking
employees?Correct Answer Purchasing
Your Answer Logistics
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since the Kanbans
specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most significant impact?
Correct Answer Production
Your Answer Design
Multiple Choice Single AnswerQuestion In the Stage of Technological Development for IT enabled Supply Chain following thing is
very important :-Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/FalseQuestion The constant m is called smoothing constant in single exponentially smoothing.
Correct Answer True
Your Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of item.
Correct Answer Compare
Your Answer Predict
Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators can
be formulated to relate main process of Logistics to the major long term goals.Correct Answer Logistics
Your Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's requirement, JIT has :
Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely detailed
plan?Correct Answer MRP translates it
Your Answer MRP translates it
True/FalseQuestion If you use only Transport Kanban in Kanban process then it is known as simple Kanban
process.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In this
measurements usually covers :-Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer , EDBMS
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted asworld ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted asworld ADI Standard , Analog system
Select The BlankQuestion The four key figures of logistics strategic environment are competition, market served,
technology and ________ satisfactionCorrect Answer Stake holder's
Your Answer Customer's
True/FalseQuestion Total productivity appears the only relevant productivity measure for decision making
purpose.Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the factors like :-
Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index , Availability ofproducts
Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was widespread by
which year?Correct Answer 1985
Your Answer 1980
Multiple Choice Single AnswerQuestion What is the technique in which, a body of experts are hired to arrive at opinion about the
future?Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter has to drive to and
obtain a minor part?Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control elements such as :-
Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its existing
business?Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total productivity
management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment , 10000parts shipped per day
True/FalseQuestion NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes more
important capability.Correct Answer Applicability
Your Answer Applicability
Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and
________.Correct Answer Requested delivery date
Your Answer Goods received
True/FalseQuestion There are no international EDI standards. The user organization require to develop it
for their operation only.Correct Answer False
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up and Collection Material Follow-up
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.
Is the tool for understandingissues of organizational decisionmaking.
Modeling Is the process by which we try togain the understanding of how
Is the possibility of usingmathematical methods to obtain
the corresponding systembehaves.
exact information on question ofinterest.
Simulation Is the tool for understandingissues of organizational decisionmaking.
Is the process by which we try togain the understanding of how thecorresponding system behaves.
System Is the facility or process ofinterest.
Is the tool used test the impact ofstrategic level decision have onsupply chain performance.
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/FalseQuestion The corporations production Kanban is the card which regulates the suppliers
production kanban.Correct Answer False
Your Answer True
Select The BlankQuestion The exponenti________y smoothed moving average takes into account All of the
previous observations.Correct Answer All
Your Answer Majority
Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed in
________ figures to reconcile physical stock against book stock.Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory isZero
Your Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory isZero , Planning Period is 6 weeks
Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material & information
flow, right from raw material to consumption of finished goods but the focus is givento :-
Correct Answer End User
Your Answer End User
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-
Correct Answer Assets
Your Answer Non Core Activities
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the planning
period.Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales
Your Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales
Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Use theirKnowledge
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
Your Answer Cycle counting , Control group cycle counting , Random cycle counting , Physicalinventory
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be ordered is :-
Correct Answer 135
Your Answer 150
Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with order
taking employees?Correct Answer Purchasing
Your Answer Logistics
True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since the
Kanbans specify item precisely, no defects can be tolerated.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most significant
impact?Correct Answer Production
Your Answer Design
Multiple Choice Single AnswerQuestion In the Stage of Technological Development for IT enabled Supply Chain following
thing is very important :-Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/FalseQuestion The constant m is called smoothing constant in single exponentially smoothing.
Correct Answer True
Your Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of item.
Correct Answer Compare
Your Answer Predict
Select The BlankQuestion A further development of ________ performance measures is that a matrix of
indicators can be formulated to relate main process of Logistics to the major longterm goals.
Correct Answer Logistics
Your Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's requirement, JIT
has :Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely
detailed plan?Correct Answer MRP translates it
Your Answer MRP translates it
True/FalseQuestion If you use only Transport Kanban in Kanban process then it is known as simple
Kanban process.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives.
In this measurements usually covers :-Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer , EDBMS
Multiple Choice Multiple AnswerQuestion EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system
Select The BlankQuestion The four key figures of logistics strategic environment are competition, market
served, technology and ________ satisfactionCorrect Answer Stake holder's
Your Answer Customer's
True/FalseQuestion Total productivity appears the only relevant productivity measure for decision making
purpose.Correct Answer True
Your Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the factors like
:-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index , Availabilityof products
Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?Correct Answer 1985
Your Answer 1980
Multiple Choice Single AnswerQuestion What is the technique in which, a body of experts are hired to arrive at opinion about
the future?Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter has to
drive to and obtain a minor part?
Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control elements such
as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its existing
business?Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total
productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment ,10000 parts shipped per day
Supply Management ALPANA
True/FalseQuestion The recent survey in various companies about the use of 3 PL logistics showed signs of
satisfaction among shippers.Correct Answer FalseYour Answer True
Select The Blank
Question ________ is only the management philosophy which helps organisation to move from one stepto another.
Correct Answer BenchmarkingYour Answer Benchmarking
Select The BlankQuestion ________ demand is converted into order information and passed down through the supply
chain to trigger product release to the customer.Correct Answer End ConsumerYour Answer Market
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Replacement cost
True/FalseQuestion Supply chain is the expense centre in the organization.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion In order to calculate 3 months moving average we must have how many observations?Correct Answer ThreeYour Answer Three
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-Correct Answer AssetsYour Answer Assets
Multiple Choice Single AnswerQuestion An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic
response to :-Correct Answer Simulation ModelYour Answer Simulation Model
True/FalseQuestion Customer service is prime motto for SCM.Correct Answer TrueYour Answer True
True/FalseQuestion Retailers are not interested in low stock run.Correct Answer TrueYour Answer True
True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion The decision to hire 3PL services appears to originate from :-Correct Answer Top ManagementYour Answer Top Management
Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are Less
responsive to change in demand.Correct Answer LessYour Answer Less
Multiple Choice Multiple AnswerQuestion The information Enriched comprises of:-Correct Answer Consumer Habits , Habit frequency , Future dispatch fluctuationYour Answer Consumer Habits , Habit frequency , Future dispatch fluctuation
True/FalseQuestion Entities in a supply chain may belong to different organization within different companies.Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high criticality, must hold high levels of
stock and thereby allowing safety margins for :-Correct Answer Delivery , Lead time , Demand FluctuationYour Answer Delivery , Lead time , Demand Fluctuation
Select The BlankQuestion Category C items are relatively unimportant inventory items & are responsible for ________% of
inventory cost.Correct Answer 5Your Answer 10
Multiple Choice Single AnswerQuestion Within the newly arranged factory floor, workers were encouraged to be the :-Correct Answer Members of teamYour Answer Members of team
Select The BlankQuestion Simple method for Time series forecasting is to take a ________ Average.Correct Answer MovingYour Answer Moving
Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-Correct Answer Production & warehouse premises , Production equipment , Information & IT systemYour Answer Information & IT system , Production & warehouse premises , Production equipment
Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is ZeroYour Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero
Multiple Choice Multiple AnswerQuestion To forecast the date of death the knowledge of the following is necessary :-Correct Answer Life expectancy of Middle age , Medical test data on persons , His Living StyleYour Answer Life expectancy of Middle age , Medical test data on persons , His Living Style
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item
Multiple Choice Multiple AnswerQuestion EDIFACT is :-Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as
world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted asworld ADI Standard
Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused at a particular segment of
chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Percentage Wide Management
Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the total number of suppliers.Correct Answer ReduceYour Answer Increase
Multiple Choice Single AnswerQuestion In the Supply Chain approach the example for the Individual set of Business activities is the :-Correct Answer Logistics ActivitiesYour Answer Logistics Activities
Multiple Choice Multiple AnswerQuestion With component commonality step 1(operation) storage 1 (buffer) will depend on :-Correct Answer Incremental investment cost for producing common components at step 1 , Unit cost of
step 1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storageYour Answer Incremental investment cost for producing common components at step 1 , Unit cost of step
1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storage
Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might exist in
supply chain.Correct Answer BufferYour Answer Act as Safety stock
Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for major market places like:-Correct Answer America , Asia , EuropeYour Answer America , Asia , Europe
True/FalseQuestion The advantage of using moving average for forecasting is that in calculating the average all the
observations are given equal weightage.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion How many weeks is the lead time between releasing an order to shop floor & producing a
finished good?Correct Answer 2Your Answer 2
Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be
consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More RevenueYour Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
Multiple Choice Single Answer
Question The Total pipeline usage of direct market data is reduced when the system filters out of highfrequency fluctuations in demand. This is known as :-
Correct Answer Forrester EffectYour Answer Ferguson Effect
Multiple Choice Multiple AnswerQuestion Risk a stock out can be faced because of :-Correct Answer Delay in resupply , Higher than anticipated usage , Unpredictable demandYour Answer Delay in resupply , Higher than anticipated usage , Unpredictable demand
Select The BlankQuestion The Function for EDI software is message tracking and ________.Correct Answer Audit TrailYour Answer LACES
Match The FollowingQuestion Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Industrial dynamics Burbidge Del-Vecchio
Multiple Choice Multiple AnswerQuestion Which are the SMART goals?Correct Answer Specific , Measurable , AttainableYour Answer Specific , Measurable , Attainable
Select The BlankQuestion As compared to minimal cost strategy the level strategy is ________.Correct Answer CheaperYour Answer Complex
True/FalseQuestion Another aspect of Toyoto production system was reduction of setup time.Correct Answer TrueYour Answer True
Select The BlankQuestion One of the factors behind Japanese success story as geographic proximity and that suppliers
are often ________ around the major customers.Correct Answer ClusteredYour Answer Non-clustered
Select The BlankQuestion All of the product, process & infrastructure changes ________ will have an impact on the
knowledge & skills the employees will need to posses.Correct Answer OutlinedYour Answer Given
True/FalseQuestion EDI helps in Just In Time for manufacturing.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Developing corrective action establishes That the effort should be carefully organized else success willnot be achieved Whether or not conformance to expectation is present
Random cycle counting establishes Whether or not conformance to expectation is present Thephysical quantity available
Counting the control group establishes The physical quantity availableconformance to expectation is present
Comparing the counts to records establishes The comparing physical count to computer recordsThe computer record available
Multiple Choice Single AnswerQuestion Calculation of Economic Order Quantity seeks to reconcile, ordering & holding cost for what size
of order?Correct Answer OptimumYour Answer Optimum
LIST OF ATTEMPTED QUESTIONS AND ANSWERS MAYANK GOYAL
True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning,
purchasing, sales and distribution.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the example given?Correct Answer 5Your Answer 2
Select The BlankQuestion The purpose of the analysis is to discern some relationship between Y1 values observed so far
in order to ________ us to forecast future values of Y1.Correct Answer EnableYour Answer Allow
True/FalseQuestion MRP package can be used to examine, meeting the predetermined production schedule for
chairs.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
Multiple Choice Single AnswerQuestion Hiring cost per employee is:-Correct Answer Hiring costYour Answer Employing cost
True/FalseQuestion Retailers are not interested in low stock run.Correct Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion In the world class logistics study (Published in 1995) there is requirement of :-Correct Answer New SCM approach
Your Answer New SCM approach
True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-Correct Answer Modular Organization of work , Multi-skilling , On the job training proceduresYour Answer Modular Organization of work , Multi-skilling , Minimum level of quality to satisfy customers
Multiple Choice Multiple AnswerQuestion JIT is :-Correct Answer Top Down system , Centrally organized , Imposed production systemYour Answer Top Down system , Centrally organized , Imposed production system
Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer Used to control the flow of item through the production process , A push process , A
signal or message of communicationYour Answer A signal or message of communication , Used to control the flow of item through the
production process , A push process
Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as possible to
have market driven :-Correct Answer ProductionYour Answer Procurement
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those requirements, the
package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.Correct Answer ContingencyYour Answer Emergency
Multiple Choice Single AnswerQuestion In the Stage of Technological Development for IT enabled Supply Chain following thing is very
important :-Correct Answer MRP-I, MRP-II, ERPYour Answer ABC analysis, JIT, Traditional System
Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based , Operation Based
Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans of several plants.Correct Answer ProductionYour Answer Transportation
Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace inventory of :-Correct Answer Manufacturers , Suppliers , CustomersYour Answer Manufacturers , Suppliers , Customers
Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.Correct Answer £ 25Your Answer £ 27
Select The BlankQuestion The third party providers who can ________ the need of transition from their focus on product
oriented services to new strategies like long term business partnerships will most likely enjoy long termsuccess.
Correct Answer MeetYour Answer Support
Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant of the following?Correct Answer KanbanYour Answer Kanban
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quantity , Quality , Delivery
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In this
measurements usually covers :-Correct Answer Customer , Internal Business , TrainingYour Answer Internal Business , Training , EDBMS
Multiple Choice Multiple AnswerQuestion The inventory control systems are :-Correct Answer Two bin , Re-order cycle , Annual demandYour Answer Two bin , Annual demand
Select The BlankQuestion The recent development within information technology and software Engineering gives
________ opportunity for Integration and Co-ordination.Correct Answer UnprecedentedYour Answer Unlimited
True/FalseQuestion In practice, the data items for MPS will have normally same value in each week.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion Just in Time means that items move through which system as & when they are needed?Correct Answer ProductionYour Answer Distribution
Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the ________
step in creating supply chain.Correct Answer FirstYour Answer Second
Select The Blank
Question ________ demand is converted into order information and passed down through the supplychain to trigger product release to the customer.
Correct Answer End ConsumerYour Answer Market
Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of Supply Chain
to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventoryYour Answer Spare Parts , Raw Material , Finished Goods
Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5, 60 in week 6 then the
requirement of backs are :-Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4Your Answer 90 in week 3 , 60 in week 4
Multiple Choice Single AnswerQuestion Who has given a design oriented approach in management control literature?Correct Answer VosselmanYour Answer Cooper
Select The BlankQuestion The mode choice aspect of transport decisions are more ________ ones, as they are closely
linked with inventory decision.Correct Answer StrategicYour Answer Strategic
Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other
parts of & enabling it to choose alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Satisfy
Multiple Choice Single AnswerQuestion Which is the area in which no one has yet developed a reliable forecasting technique?Correct Answer Investment PolicyYour Answer Requirements
Multiple Choice Single AnswerQuestion Any mistakes in specifying BOMs could have what type of results on shop floor?Correct Answer Disastrous consequenceYour Answer Disastrous consequence
True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of using mathematical methods to obtain exact information onquestion of interest. Is the possibility of using mathematical methods to obtain exact information onquestion of interest.
Modeling Is the process by which we try to gain the understanding of how the corresponding systembehaves. Is the tool used test the impact of strategic level decision have on supply chainperformance.
Simulation Is the tool for understanding issues of organizational decision making. Is the possibilityof using mathematical methods to obtain exact information on question of interest.
System Is the facility or process of interest. Is the tool used test the impact of strategic level decision haveon supply chain performance.
True/FalseQuestion The recent survey in various companies about the use of 3 PL logistics showed signs of
satisfaction among shippers.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Which network between companies making different ingredients to many products can be
charted?Correct Answer Supply networkYour Answer Production network
Match The FollowingQuestion Correct Answer Your Answer
Other Unit production cost The cost of production of one unit of the product that is not accounted inemployee cost. The cost of holding one unit in stock at the end of each period.
Hiring cost The cost of hiring an employee. The cost of hiring an employee.
Unit inventory holding cost The cost of holding one unit in stock at the end of each period. The costof holding one unit procured from external source at the end of each period.
Unit subcontracting cost The cost of each unit bought from external source. The cost of holding oneunit in stock at the end of each Month.
True/FalseQuestion The enriching the order decisions with market place information enables the factory to be much
more responsive, since less supply chain Filtering is taking place.Correct Answer TrueYour Answer True
True/FalseQuestion Logistics must be treated as cost saving function.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information SystemYour Answer Integrated Logistics Function , Expertise In Information System , Specialized Logistics
Function
True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True
LIST OF ATTEMPTED QUESTIONS AND ANSWERS AMIT CHUG
True/FalseQuestion Lead Time, Order control and Stock levels reduction are the variables in SCM model.Correct Answer TrueYour Answer True
Select The Blank
Question The hiring cost of one employee is ________ in minimal cost strategy.Correct Answer £ 500Your Answer £ 450
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.Correct Answer Cost saving centreYour Answer VADS
Select The BlankQuestion The 3 PL must overcome some problems about the perception among companies that third
parties have________ their job.Correct Answer Over promised but under delivered.Your Answer Over promised but under delivered.
True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning,
purchasing, sales and distribution.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The vital player in the traditional supply chain is :-Correct Answer RetailerYour Answer Consumer
Multiple Choice Single AnswerQuestion What is required to facilitate logistics process of quickly moving material on numerous work
stations on the production line?Correct Answer Clean & well organized environmentYour Answer Clean & well organized environment
Multiple Choice Single AnswerQuestion What can be seen as a measurement of resource utilization including time element?Correct Answer ProductivityYour Answer Productivity
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the effective :-Correct Answer ManagementYour Answer Management
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion In SCM metrics, customer measurements are :-Correct Answer Backorder Levels , On Time Delivery , Order Fill RateYour Answer Cycle Time , Order Fill Rate , Backorder Levels
True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that demand forecast will be
completely accurate.Correct Answer TrueYour Answer True
True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True
Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the total number of suppliers.Correct Answer ReduceYour Answer Reduce
Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other
parts of & enabling it to choose alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Optimize
Multiple Choice Single AnswerQuestion To achieve standardization & customization at the same time, what will have to be done with
products?Correct Answer Develop new products with robust designYour Answer Develop new products with robust design
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement, experiences a radically
different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product
proliferationYour Answer Demand with little or no uncertainty , Low value of short time to market , Low product
proliferation
Multiple Choice Multiple AnswerQuestion If the demand forecast is accurate then consequently which of the following will be accurate?Correct Answer Master Production Schedule , Material Requirement Planning , Production planningYour Answer Master Production Schedule , Material Requirement Planning , Production planning
Select The BlankQuestion Paper or computer records require time to check ________ against recorder level.Correct Answer StockYour Answer Inventory
Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Attentive
Match The FollowingQuestion Correct Answer Your Answer
Product Champion Andraski Forrester(1960)
Pull & Push concept discussion Hoeskstra & Romme Poul Jonh
Simulation Model Sterman Andraski
Player concept Forrester(1960) Sterman
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain manager for inventory is
to :-Correct Answer Decrease it
Your Answer Decrease it
Select The BlankQuestion Value added data service for EDI communication is known as ________.Correct Answer VANYour Answer ANSI
Match The FollowingQuestion Correct Answer Your Answer
Expedition More frequent & flexible delivery may be required for realignment of process Companies thatused to collect customer orders on a monthly basis will need to shorten the information collection cycle timefor realignment of process
Purchasing More flexible & frequent purchasing operation need to be established for realignment of processMore flexible & frequent purchasing operation need to be established for realignment of process
Manufacturing If the installation of the most expensive components is to be delayed as much as possible,change in the sequence & timing of manufacturing steps may be required for realignment of process If theinstallation of the most expensive components is to be delayed as much as possible, change in thesequence & timing of manufacturing steps may be required for realignment of process
Order taking Companies that used to collect customer orders on a monthly basis will need to shorten theinformation collection cycle time for realignment of process More frequent & flexible delivery may berequired for realignment of process
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as possible to
have market driven :-Correct Answer ProductionYour Answer Production
True/FalseQuestion JIT need to be applied to all stages of process.Correct Answer TrueYour Answer True
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of item.Correct Answer CompareYour Answer Predict
Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order QuantityYour Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity
Multiple Choice Single AnswerQuestion The alternative strategy to meet the increased demand will be to buy from subcontractor if it
would have been :-Correct Answer At cheaper costYour Answer At cheaper cost
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer Strategic
Your Answer Strategic
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected salesYour Answer Scheduled receipt , Projected net required , Planned order Release
True/FalseQuestion For total productivity, the Japanese concentrate on the indicators of various elements rather
than measuring the output input ratio.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Postponement benefits are :-Correct Answer Increased sales , Lower inventory holding cost , Lower scrap costYour Answer Increased sales , Lower inventory holding cost , Lower scrap cost
Multiple Choice Multiple AnswerQuestion The problems faced by the HP DCs due to traditional system were :-Correct Answer Large finished goods inventory , Additional stock to handle all the product proliferation ,
Increasing emphasize placed on speedYour Answer Large finished goods inventory , Additional stock to handle all the product proliferation ,
Increasing emphasize placed on speed
Multiple Choice Single AnswerQuestion Today's supply chain are very complicated to be controlled based on intution, hence what is
necessary to have statistical data on the performance of supply chain?Correct Answer AccessYour Answer Access
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?Correct Answer To provide for cause , To provide for corrective action , To provide for future actionYour Answer Measure the level of conformance to expectable , To provide for cause , To provide for
corrective action
Multiple Choice Single AnswerQuestion When both the cards are used then the Kanban process is known as :-Correct Answer IntegratedYour Answer Integrated
True/FalseQuestion By going beyond internal supply chain & including external suppliers and customers does not
expose opportunities for improving internal operations.Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion In SCM metrics, Training means :-Correct Answer Inhouse training , APICS Membership , Certification TrainingYour Answer Inhouse training , APICS Membership , Certification Training
Multiple Choice Single AnswerQuestion At what level Master Production schedule operates?Correct Answer AggregateYour Answer Aggregate
Multiple Choice Single AnswerQuestion Inadequate & excess inventory both are revenue losses for a business so as to avoid this, which
of the following is required?Correct Answer TQM & JIT
Your Answer ERP
Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________
sourcing initiative.Correct Answer partnershipYour Answer Sterman
Multiple Choice Single AnswerQuestion How the proactive levers attack the causes of variability?Correct Answer DirectlyYour Answer Directly
Select The BlankQuestion Most real world systems are too complex to allow realistic models to be ________ analytically.Correct Answer EvaluatedYour Answer Compared
Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information SystemYour Answer Integrated Logistics Function , Expertise In Information System
LIST OF ATTEMPTED QUESTIONS AND ANSWERS ASHISH MEHTA
True/FalseQuestion The visual record process is only a sub-process in Japanese Kanban Management system.Correct Answer TrueYour Answer True
Select The BlankQuestion The Japanese have mastered supply chain management & the extent to which their ________
are involved in the product development process.Correct Answer SuppliersYour Answer Distributors
Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of the value flow across the :-Correct Answer Supply chainYour Answer Supply chain
Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of Supply Chain
to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventoryYour Answer Raw Material , Finished Goods , Work in process inventory
Select The BlankQuestion All of the product, process & infrastructure changes ________ will have an impact on the
knowledge & skills the employees will need to posses.Correct Answer OutlinedYour Answer Outlined
Multiple Choice Single AnswerQuestion The number of weeks taken for ordering material at beginning till the finished products reach
customer in the apperal industry as per Flaherty report is:-Correct Answer 58.5 weeksYour Answer 58.5 weeks
Select The BlankQuestion Supply chains consist of ________ of companies.Correct Answer Multiple Layers
Your Answer Performance
True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The level strategy is solution where in number of workers are :-Correct Answer Always FixedYour Answer Always Fixed
Select The BlankQuestion Total annual cost is the function that we want to ________ by choosing an appropriate value of
quantity.Correct Answer MinimiseYour Answer Keep fixed
Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are Less
responsive to change in demand.Correct Answer LessYour Answer Less
Multiple Choice Multiple AnswerQuestion The consequence of longer lead time will often be :-Correct Answer Reduce Production Facility , Higher Levels Of Inventory , Less DependabilityYour Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory
Multiple Choice Single AnswerQuestion The UK EDI Standards developed by ANA( Article Numbering Association) is Known as :-Correct Answer TRADACOMSYour Answer TRADACOMS
True/FalseQuestion The globalization of supply chain does not change the requirement within supply chain
management.Correct Answer FalseYour Answer True
Select The BlankQuestion The 3 PL must overcome some problems about the perception among companies that third
parties have________ their job.Correct Answer Over promised but under delivered.Your Answer Over promised but under delivered.
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven, coordinated with actual customer
demand?Correct Answer Pull Base SystemYour Answer Pull Base System
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the effective :-Correct Answer ManagementYour Answer Management
Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift towards ________ of
responsibility.Correct Answer DecentralizationYour Answer Centralization
Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered are :-Correct Answer Full Regular Time capacity , No over time Planning , No SubcontractingYour Answer Full Regular Time capacity , No over time Planning , No Subcontracting
Match The FollowingQuestion Correct Answer Your Answer
Planned order receipt What we will receive each period as a result of planned orders When we need torelease the planned orders having regard to lead time required
Planned order release When we need to release the planned orders having regard to lead time requiredWhat we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoidsuch stock outs
Projected on hand What the inventory level will be if we produce according to plan above & demand forecastis correct What the inventory level will be if we produce according to plan above & demand forecast iscorrect
Projected net requirement What we will need in each period to avoid stock out i.e. the orders that should beplaced in order to avoid such stock outs What we will receive each period as a result of planned orders
True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning,
purchasing, sales and distribution.Correct Answer TrueYour Answer True
Select The BlankQuestion The recent development within information technology and software Engineering gives
________ opportunity for Integration and Co-ordination.Correct Answer UnprecedentedYour Answer Unprecedented
Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?Correct Answer Pressure For the Change , Shared Vision , Capacity for ChangeYour Answer Pressure For the Change , Shared Vision , Capacity for Change
Match The FollowingQuestion Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services with dependability and accuracy This isthe measure related to a maximum of an organizations ability to provide demanded goods & service in theamount requested
Quality of operation This relates to customer requirement & needs being consistently satisfied This relates tocustomer requirement & needs being consistently satisfied
Speed of operation This is efficient use of time from order to delivery This is efficient use of time from orderto delivery
Capacity Utilization This is the measure related to a maximum of an organizations ability to providedemanded goods & service in the amount requested It relates with the ability to perform the promisedservices with dependability and accuracy
Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators can be
formulated to relate main process of Logistics to the major long term goals.Correct Answer LogisticsYour Answer Distribution
True/FalseQuestion Direct cost increase can be caused by product or process redesign.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The factors that are to be taken into consideration for the suitability of the Kanban for any nation
are :-Correct Answer Firm , Cultural differences , External dimensions of nation businessYour Answer Firm , Cultural differences , External dimensions of nation business
True/FalseQuestion The key to integration is co-ordination.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The information Enriched simulation Model is based on :-Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional ModelYour Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
Multiple Choice Multiple AnswerQuestion The advantages of Kanban system are :-Correct Answer A simple system , Provides quick & precise information , Low cost associated with the
transfer of informationYour Answer A simple system , Provides quick & precise information , Low cost associated with the
transfer of information
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-Correct Answer Order taking , Purchasing , ManufacturingYour Answer Order taking , Purchasing , Manufacturing
True/FalseQuestion To reconcile JIT and EOQ, we don’t take fixed setup cost and / or variable holding cost as fixed
but seek to reduce them.Correct Answer TrueYour Answer True
True/FalseQuestion Customer satisfaction through quality must be balanced against environmental impact & strain
on the workforce.Correct Answer TrueYour Answer True
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt
of order, the company has to maintain significant amount of inventory.
Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed times has
implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply
True/FalseQuestion The strategic & Operational decisions are to effectively & efficiantly manage, the product flow in
the strategically planned supply chain.Correct Answer TrueYour Answer True
Select The BlankQuestion ________ demand is converted into order information and passed down through the supply
chain to trigger product release to the customer.Correct Answer End ConsumerYour Answer End Consumer
Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other
parts of & enabling it to choose alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Optimize
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Organisation
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always received order information from
:-Correct Answer ConsumerYour Answer Consumer
True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that demand forecast will be
completely accurate.Correct Answer TrueYour Answer True
True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five years.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion In Kanban concept, in which area, there is no storage?Correct Answer ProductionYour Answer Production
Multiple Choice Single AnswerQuestion How many weeks is the lead time between releasing an order to shop floor & producing a
finished good?Correct Answer 2Your Answer 2
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & DistributionYour Answer Network of Facility & Distribution
CombinedLIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary
Match The FollowingQuestion Correct Answer Your Answer
Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy
Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied
Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery
Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested
Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle Time
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single
integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date
Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit
shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit
shipped
True/FalseQuestion The effect of buying discount / price breaks does need to be
calculated additionally.Correct Answer FalseYour Answer True
True/FalseQuestion The advantage of using moving average for forecasting is that in
calculating the average all the observations are given equal weightage.Correct Answer TrueYour Answer True
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Page 1
CombinedCorrect Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle
countingYour Answer Control group cycle counting , Random cycle counting
Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused
at a particular segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the
key for the effective :-Correct Answer ManagementYour Answer Management
Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant
of the following?Correct Answer KanbanYour Answer Kanban
True/FalseQuestion Customer satisfaction through quality must be balanced against
environmental impact & strain on the workforce.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Industrial dynamics Burbidge Van Amstel
Select The BlankQuestion We have criteria for ________ forecasts, however generalized they
are.Correct Answer DistinguishingYour Answer Comparing
Select The BlankQuestion According the example, for minimal cost, the number of initial
workers considered is ________Correct Answer 10Your Answer 9
Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in
inventory problems what will be its effect on Inventory Carrying and Orderingcost?Correct Answer It will be optimizedYour Answer It will be reduced
Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the
example given?Correct Answer 5
Page 2
CombinedYour Answer 6
Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from
corporate vision as a :-Correct Answer PyramidYour Answer Pyramid
Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always
received order information from :-Correct Answer ConsumerYour Answer Consumer
Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the
flow of item through the production process , A push processYour Answer A signal or message of communication , Used to control the flow
of item through the production process , A push process
True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True
Select The BlankQuestion ________ is only the management philosophy which helps organisation
to move from one step to another.Correct Answer BenchmarkingYour Answer Benchmarking
Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in
forecasting, vary from high to low?Correct Answer QualitativeYour Answer Qualitative
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they
embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities
Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in
better management of :-Correct Answer Cash flowYour Answer Production
Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly
Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive
effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events
Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable
Page 3
Combinedholding cost to ________ total costCorrect Answer Drive downYour Answer Minimise
True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's
strategic objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer
True/FalseQuestion The impact of indirect cost increase is sometimes not limited to
company implementing postponement, but affects the other players in the supplychain.Correct Answer TrueYour Answer False
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead
time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination
Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be
treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them ,
Allocation of Suppliers to plantsYour Answer What products to produce , Which plants to produce them ,
Allocation of Suppliers to plants
True/FalseQuestion The economic order quantity is the order quantity that minimizes
total cost.Correct Answer TrueYour Answer True
True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False
Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent
Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost /
demand data is ________ accurate.Correct Answer ReasonablyYour Answer Completely
Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value
Page 4
CombinedMultiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply
chain, is known as :-Correct Answer PipelineYour Answer Chainline
Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower
stocks , Orders can not be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability ,
Facilitate lower stocks
Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link
Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods,
some of the options are :-Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees
True/FalseQuestion The key point about structural information is that it changes
relatively infrequently.Correct Answer TrueYour Answer True
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for
Supply chain Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult
to forecast on product basis :-Correct Answer The demandYour Answer The demand
Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with
:-Correct Answer Relay TeamYour Answer Relay Team
True/FalseQuestion All forecasting methods require complex calculations and therefore
are ideally suited to be done by a computer.Correct Answer FalseYour Answer True
True/FalseQuestion The measures suggested by Balloy have limited application, mainly at
the strategic rather that operational level.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven,
coordinated with actual customer demand?Correct Answer Pull Base SystemYour Answer Push Base system
Page 5
Combined
Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.
Correct Answer FalseYour Answer False
Select The BlankQuestion In the MRP package referred in the example, the entry of capacity
data is to see if we are________ production capacity.Correct Answer ExceedingYour Answer Not meeting
Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and
variable quantity at fixed times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk
involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk
involved given variable supply
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical
Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery
date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time
Select The BlankQuestion One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered
Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly,
it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing
effort to run the systemYour Answer Management & effort , Initial implementation , The continuing
effort to run the system
Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the
company to realize their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately
True/FalsePage 6
CombinedQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion To provide an adequate support what will be need to do with
information system?Correct Answer Major overhaulYour Answer Major overhaul
Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network
that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used ,
coding system
Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is
mainly based on:-Correct Answer Decision MakingYour Answer Data Structure
Match The FollowingQuestion Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.16
Director/GM participation in SCM activity 0.28 0.28
Vice President participation in SCM activity 0.17 0.17
President participation in SCM activity 0.14 0.14
True/FalseQuestion In the supply chain, a team of four player, retailer, distributor,
warehouse, factory is require to get involved for the success.Correct Answer TrueYour Answer True
True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become
extremely detailed plan?Correct Answer MRP translates itYour Answer MRP translates it
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet
those requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for
the organization?Correct Answer CommonYour Answer Common
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term
Page 7
Combined
True/FalseQuestion The globalization of supply chain does not change the requirement
within supply chain management.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look
at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
Index
True/FalseQuestion If the supply chain do not track uncertainties than it leads to non
optimal stocking levels.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle
counting?Correct Answer To provide for cause , To provide for corrective action , To
provide for future actionYour Answer Measure the level of conformance to expectable , To provide for
cause , To provide for corrective action
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement,
experiences a radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time
to market , Low product proliferationYour Answer Low value of short time to market , Low product proliferation ,
Medium inventory value
Select The BlankQuestion A further development of ________ performance measures is that a
matrix of indicators can be formulated to relate main process of Logistics to themajor long term goals.Correct Answer LogisticsYour Answer Distribution
True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False
Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type
of Average squared error?Correct Answer LowestYour Answer Zero
Select The BlankQuestion The indirect cost increase has the consequent ________ the
infrastructure & resources.Correct Answer Impacts onYour Answer Effects on
Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996
Select The BlankQuestion In re-order level approach average stock levels stay more or
Page 8
Combined________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less
Match The FollowingQuestion Correct Answer Your Answer
Stock out ratio Is comparison of % of demand actually satisfied with the definedservice Is comparison of % of demand actually satisfied with the defined service
Lead time Is the time between a replenishment need arising & new deliveries beingready for use Is the time between a replenishment need arising & new deliveriesbeing ready for use
Inventory service level Is % probability of stock availability to meet demands Is% probability of stock availability to meet demands
ABC Analysis Can be used to classify stock groups Can be used to classify stockgroups
Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal
Level of Order QuantityYour Answer Setting Safety Stock level , Optimal Level of Order Quantity ,
Setting of production levels
Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by
which methods?Correct Answer Just in timeYour Answer Just in time
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook
PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering /
holding cost can be reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering /
holding cost can be reduced , Continuous improvement always striving to improve
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed
becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability
Select The BlankQuestion Japanese logistics performance and its ________ are paramount
priorities in their business environment.Correct Answer EffectivenessYour Answer Effectiveness
Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with
disruption.Correct Answer ContingencyYour Answer Contingency
LIST OF ATTEMPTED QUESTIONS AND ANSWERSPage 9
Combined
Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Shared Vision , Capacity for Change , Outbound Training
Multiple Choice Single AnswerQuestion Which is the area in which no one has yet developed a reliable
forecasting technique?Correct Answer Investment PolicyYour Answer Investment Policy
Multiple Choice Single AnswerQuestion To cut extra cost due to nil inventory, in which week we should
order?Correct Answer 3rdYour Answer 3rd
Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated with
CBI/DTI ________ sourcing initiative.Correct Answer partnershipYour Answer partnership
Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Crucial
Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle Time
Multiple Choice Multiple AnswerQuestion With component commonality step 1(operation) storage 1 (buffer) will
depend on :-Correct Answer Incremental investment cost for producing common components at
step 1 , Unit cost of step 1 (exploiting economics of scale) , Potential savings,due to reduction of inventory at storageYour Answer Incremental investment cost for producing common components at
step 1 , Potential savings, due to reduction of inventory at storage , Increasein combined cost of both
True/FalseQuestion The advantage of using moving average for forecasting is that in
calculating the average all the observations are given equal weightage.Correct Answer TrueYour Answer True
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery dateYour Answer Purchase order placed
True/FalseQuestion Total productivity can be expressed as the overall measure of
economic effectiveness.Correct Answer TrueYour Answer True
Select The BlankQuestion One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the major customers.Page 10
CombinedCorrect Answer ClusteredYour Answer Clustered
Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost /
demand data is ________ accurate.Correct Answer ReasonablyYour Answer Reasonably
Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996
Select The BlankQuestion We have criteria for ________ forecasts, however generalized they
are.Correct Answer DistinguishingYour Answer Distinguishing
Match The FollowingQuestion Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.28
Director/GM participation in SCM activity 0.28 0.17
Vice President participation in SCM activity 0.17 0.16
President participation in SCM activity 0.14 0.14
Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Indirectly
Multiple Choice Single AnswerQuestion If we are at end of the period, then the order is placed as per
which rule?Correct Answer Lot for lotYour Answer Lot for lot
True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.
Correct Answer TrueYour Answer True
Select The BlankQuestion Rather than attempt to guess which forecast is better, we can
________ the problem logically.Correct Answer ApproachYour Answer Solve
True/FalseQuestion The information enriched factories are, therefore, able to make an
informed decision at a much earlier point in the time than the factory at the endof the traditional supply chain.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply
chain, is known as :-Correct Answer PipelineYour Answer Pipeline
Page 11
CombinedMultiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through
understanding of the requirement of :-Correct Answer CustomerYour Answer Customer
True/FalseQuestion Regardless of how inventory movement is accounted for, it must be
done correctly if accurate inventory records are to be achieved.Correct Answer TrueYour Answer True
Multiple Choice Multiple AnswerQuestion Key indicators on which Japanese concentrate their efforts on
continuous improvement Kaizen are :-Correct Answer Quality , Price , DeliveryYour Answer Quality , Price , Delivery
True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer True
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.Correct Answer What-ifYour Answer What-when
Multiple Choice Single AnswerQuestion An improvement in factory order rate & Factory stock level
Behavioral pattern shows dynamic response to :-Correct Answer Simulation ModelYour Answer APIOBPCS
True/FalseQuestion Lead Time, Order control and Stock levels reduction are the
variables in SCM model.Correct Answer TrueYour Answer True
True/FalseQuestion To reconcile JIT and EOQ, we don’t take fixed setup cost and / or
variable holding cost as fixed but seek to reduce them.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion Which is the Area, to which maximum time was allocated by Supply
chain personnel is :-Correct Answer Customer serviceYour Answer Customer service
Select The BlankQuestion Most real world systems are too complex to allow realistic models to
be ________ analytically.Correct Answer EvaluatedYour Answer Evaluated
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the
continuous total productivity management cycle of :-Correct Answer Measurement , Evaluation , PlanningYour Answer Measurement , Evaluation , Effectiveness
Multiple Choice Multiple AnswerQuestion The MRP output consists of :-Correct Answer Scheduled receipt , Projected net required , Planned order
Release , Projected salesPage 12
CombinedYour Answer Scheduled receipt , Planned order Release , Projected sales
Multiple Choice Multiple AnswerQuestion The three areas of traditionally comprise supply chain management
are :-Correct Answer Supply Chain Planning , Supply chain Execution , Supply chain
Transaction SystemYour Answer Supply Chain Planning , Supply chain Transaction System , Supply
chain Appraisal system
Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-Correct Answer Production & warehouse premises , Production equipment ,
Information & IT systemYour Answer Production & warehouse premises , Production equipment ,
Information & IT system
Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for
the organization?Correct Answer CommonYour Answer Common
Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for
productivity and performance analysis is required for :-Correct Answer Logistics managementYour Answer Materials Management
Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit
shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit
shipped
Multiple Choice Multiple AnswerQuestion Which are the SMART goals?Correct Answer Specific , Measurable , AttainableYour Answer Specific , Measurable , Attainable
Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied by
the cost of:-Correct Answer Placing an orderYour Answer Placing an order
True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that
demand forecast will be completely accurate.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to
production of specified quantity in Kanban?Correct Answer Quantity was not metYour Answer Quantity was not met
Multiple Choice Multiple AnswerQuestion Following are the functions of EDI software :-Correct Answer Interfacing with VADS , Trading Partner Database , Encryption
of EDI MessageYour Answer Interfacing with VADS , Trading Partner Database , Encryption of
EDI Message
Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is
Page 13
Combinedmainly based on:-Correct Answer Decision MakingYour Answer Data Structure
True/FalseQuestion Safety stock must accommodate unexpected increase in demand and the
risk of stock out situation.Correct Answer FalseYour Answer True
Multiple Choice Multiple AnswerQuestion The treasury model of economy referred in the book which contains
many variable and is used to look at the effect of :-Correct Answer Interest Rate Changes , Tax Changes , Oil Price ChangeYour Answer Interest Rate Changes , Tax Changes , Vehicle Rate Changes
Match The FollowingQuestion Correct Answer Your Answer
Seamless SCM Towill Towill
Value of Information Glazer Glazer
Filtering Del-Vecchio Van Amstel
Industrial dynamics Burbidge Burbidge
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/FalseQuestion Entities in a supply chain may belong to different organization
within different companies.Correct Answer FalseYour Answer False
True/FalseQuestion The visual record process is only a sub-process in Japanese Kanban
Management system.Correct Answer TrueYour Answer False
Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans of
several plants.Correct Answer ProductionYour Answer Production
Multiple Choice Multiple AnswerQuestion The competitive priorities in operations strategy are :-Correct Answer Cost , Quality , TimeYour Answer Quality , Time , Quantity
Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network
that is to be usedYour Answer coding system , The EDI that is to be employed , The Network that
is to be used
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to
control elements such as :-Correct Answer Warehousing , Transportation , Customer ServiceYour Answer Warehousing , Transportation , Customer Service
Multiple Choice Multiple AnswerPage 14
CombinedQuestion Which of the following are the modes of transport?Correct Answer Rail , Ocean , AirYour Answer Rail , Ocean , Air
Multiple Choice Single AnswerQuestion Any mistakes in specifying BOMs could have what type of results on
shop floor?Correct Answer Disastrous consequenceYour Answer Disastrous results
True/FalseQuestion In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.Correct Answer TrueYour Answer True
Select The BlankQuestion The basic operators framework ________ that there is a link between
capabilities & strategy on one hand & capabilities & resources & infrastructureon the other hand.Correct Answer ImpliesYour Answer Indicates
Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement,
experiences a radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time
to market , Low product proliferationYour Answer Demand with little or no uncertainty , Low value of short time to
market , Low product proliferation
Multiple Choice Single AnswerQuestion When both the cards are used then the Kanban process is known as :-Correct Answer IntegratedYour Answer Integrated
Select The BlankQuestion The fire in 1997 forced Toyoto to embark upon review of ________
that were sourced from single supplier.Correct Answer ComponentsYour Answer Components
Multiple Choice Single AnswerQuestion In the field of IT enabled Supply Chain, "TPS" means:-Correct Answer Transaction Processing systemYour Answer Transaction Processing system
True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True
True/FalseQuestion The effect of buying discount / price breaks does need to be
calculated additionally.Correct Answer FalseYour Answer False
Select The BlankQuestion Paper or computer records require time to check ________ against
recorder level.Correct Answer StockYour Answer Stock
Select The BlankQuestion The reduced stock holding eliminates ________ of goods.Correct Answer Double HandlingYour Answer Invoicing & costing
Page 15
Combined
Select The BlankQuestion Category C items are relatively unimportant inventory items & are
responsible for ________% of inventory cost.Correct Answer 5Your Answer 5
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches are methods Which facilitate concise review & at the sametime attempt to accommodate the above polarity. Which facilitate concise review &at the same time attempt to accommodate the above polarity.
Rough cut methods give guiding policies For the operation decisions. For theoperation decisions.
Network design methods For the most part give normative models for more strategicdecisions. For the most part give normative models for more strategic decisions.
Simulation is the method by which A comprehensive supply chain model can beanalyzed. A comprehensive supply chain model can be analyzed.
Match The FollowingQuestion Correct Answer Your Answer
Towill 1996 1996
Forrester 1960 1960
Amstel 1990 1990
Whiteoak 1994 1989
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-Correct Answer Agent Based management , Information System , GlobalizationYour Answer Agent Based management , Information System , Globalization
True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in
next five years.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal
Level of Order QuantityYour Answer Deployment strategies , Setting Safety Stock level , Setting of
production levels
Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered are :-Correct Answer No Subcontracting , Full Regular Time capacity , No over time
PlanningYour Answer Full Regular Time capacity , No over time Planning , No
Subcontracting
True/FalseQuestion MRP package can be used to examine, meeting the predetermined
production schedule for chairs.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerPage 16
CombinedQuestion Mr. Lunch cross show performance which is filtered down from
corporate vision as a :-Correct Answer PyramidYour Answer Pyramid
Multiple Choice Multiple AnswerQuestion JIT is a suitable production system, when :-Correct Answer A reasonable number of units made , A product is of high value
, Setup time on machine is shortYour Answer A reasonable number of units made , Setup time on machine is
short , Quality may be assured
Multiple Choice Single AnswerQuestion As per the cost information, the lot for lot rule can be derived for
which particular item?Correct Answer Least costlyYour Answer Less costly
Multiple Choice Single AnswerQuestion To Maximize competitive advantage, all members within Supply Chain
should seamlessly work together to serve end consumer. This comment is given by:-
Correct Answer TowillYour Answer Towill
True/FalseQuestion For a fixed time re-order cycle system, the time at risk is re-order
lead time plus the re-order cycle time.Correct Answer TrueYour Answer False
Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-Correct Answer How many centers to have? , Location of centres , Size of
centresYour Answer How many centers to have? , Location of centres , Size of centres
Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final
production is reported, is known as :-Correct Answer Manufacturing Cycle TimeYour Answer Manufacturing Cycle Time
Select The BlankQuestion The realistic ________ demonstrate the benefits of a holistic view
of supply chain information flow.Correct Answer Simulation ModelYour Answer Interlinkage Model
Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-Correct Answer Order taking , Purchasing , ManufacturingYour Answer Purchasing , Manufacturing , Distribution
Select The BlankQuestion The safety stock penalty of fixed re-order cycle methods ________,
as stock usage value & demand variability rise.Correct Answer WorsensYour Answer Change
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead
time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination
Multiple Choice Single AnswerPage 17
CombinedQuestion Kanban was originally developed for which company as a way of
managing material flow in the assembly line?Correct Answer ToyotaYour Answer Toyota
Multiple Choice Single AnswerQuestion To achieve standardization & customization at the same time, what
will have to be done with products?Correct Answer Develop new products with robust designYour Answer Manage with regular product with process change
Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed
to reduce their :-Correct Answer AssetsYour Answer Assets
True/FalseQuestion General Co-ordination is the integration of different function, i.e.
production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single
integrated plan for the :-Correct Answer OrganisationYour Answer Organisation
Select The BlankQuestion The geographic placement of production facility, stocking points &
sourcing is the ________ step in creating supply chain.Correct Answer FirstYour Answer First
Multiple Choice Single AnswerQuestion The calculations of forecasting methods are :-Correct Answer TediousYour Answer Error Prone
Select The BlankQuestion Outsourcing is not without risks, in fact the benefits are ________
more transparent with risks Often being hidden initially.Correct Answer OftenYour Answer Normally
Select The BlankQuestion In the Enrich information pipeline all supply chain partner utilize
________.Correct Answer Market Sales InformationYour Answer Black Holes
True/FalseQuestion JIT is not a dynamic system.Correct Answer TrueYour Answer False
. In 1996, the purchase of logistics services by 3PL on behalf of their client inbillion dollars was :-
25302840
2. The data content & floors of stock record systems are needed by which methods?
Page 18
CombinedJust in timeKanbanMaster production scheduleM.R.P. Methods
3. In re-order level approach average stock levels stay more or More EquallyLess Unequally the same and are Less responsive to change in demand.
4. The Data required for the IT application in the field of SCM is mainly basedon:-
Decision MakingData AvailableData StructureDBMS
5. According to Womack & Jones (1996),Who is the Prospective of SCM?
Final CustomerManufacturerTransporterSupplier
6. The modeling approaches are :-
Network DesignRough Cut MethodSimulation BasedOperation Based
7. The rounding of fraction need not concern, as it is unlikely that demandforecast will be completely accurate.
TrueFalse
8. The result of all the factors is that there is not a single integrated planfor the :-
OrganisationSupply Chain ManagementProduction UnitRetail Store
9. Postponement does guarantee win win situation under all circumstance in spiteof cost involved.
TrueFalse
10. The key in effective management of the firms transport strategy is :-
Shipment SizeRoutingScheduling of EquipmentTransport Vehicle Size.
11. Improved Quality & Delivery on Time are the benefits associated with CBI/DTIPeter Senge Lean Sterman partnership sourcing initiative.
12. The mechanism by which material and information flows through supply chain,is known as :-
PipelineInfologLogisticsChainline
Page 19
Combined
13. Indirect cost increases can be caused by changes in the ProcurementProduction Logistics Marketing and distribution process.
14. Following are some of the tools for Supply Chain Measurement :-
Cash to cash cycle timeSupply Chain cycle TimeInventory Replenishment Cycle TimeTraining Cycle Time
15. The cost of oversupply is high in case of highly customized end products asit is difficult to find for them:-
The alternative usesThe alternative suppliersThe alternative buyersThe alternative process of production
16. The information enriched factories are, therefore, able to make an informeddecision at a much earlier point in the time than the factory at the end of thetraditional supply chain.
TrueFalse
17. Customer order promised cycle time is gap between the purchase order creationand Requested delivery date Goods received Purchase order placed Actionstarted.
18. What can a company improve by being able to postpone the production in itsexisting business?
PerformanceWorkingProfitabilitySales
19. The Gap between purchase order creation date and requested delivery date isknown as :-
Customer Order promised cycle timeManufacturing Cycle TimeInventory Replenishment Cycle TimeDBMS
20. In MRP II, the concentration is on planning of the manufacturing resourceslike :-
PeopleMachinesStorageRequirement
21. The enriching the order decisions with market place information enables thefactory to be much more responsive, since less supply chain Filtering is takingplace.
TrueFalse
22. The co-ordination between various players in the supply chain is the key forthe effective :-
ManagementOrganisation
Page 20
CombinedOperationDistribution
23. The retailers undertake Pareto Analysis routinely to Predict CompareIncrease Calculate turnover of item.
24. The integration will make each unit of organization understand how the actionwill impact other parts of & enabling it to choose alternative that OptimizeSatisfy Complete Enhance the organization goal.
25.
1. Gilmour 1. 19972. Davis 2. 19953. Billington 3. 19994. La Londe 4. 1992
5. 19986. 1993
26. The strength of postponement lies in its wide Scope ApplicabilityRequirements Probabilities as speed becomes more important capability.
27. The alternative strategy to meet the increased demand will be to buy fromsubcontractor if it would have been :-
At cheaper costAt same cost with better qualityBetter Quality OnlyFaster Supplies
28. In 1990, General Motor had approximately :-
1770 suppliers31 Assemble parts30 million metric tonnes per day of shipment10000 parts shipped per day
29. Total productivity appears the only relevant productivity measure fordecision making purpose.
TrueFalse
30. The models that describe operational decisions are often very ClearSpecific Simple Complex in nature.
32. Market sales data is the Competitive Advantage Peter Senge effect Factor ofintegrity Information catalyst for the whole supply chain.
33. Following results are possible only & only if organisation goes for Supplychain Priorities:-
Cycle TimeOn Time DeliveryReduce Inventory CostMore Revenue
34. The Appraisal points for market information enriched strategy are :-
JIT Capacity LevelNumber of Stock turnsOrder AmplificationConsumer Habit fluctuation
Page 21
Combined35. How the average inventory for the stock item is represented?
By 1/2 stockBy 3/4 stockBy 1/4 stockBy 3/8 stock
36. The real benefits of Kanban will not be Available Used Realized Utilizeduntil the auto-industry moves into a mixed production.
37. Most computer peripheral manufacturers have built one plant for major marketplaces like:-
AmericaAsiaEuropeAustralia
38. The levels at which long term decisions are made is :-
StrategicTacticalOperationalManagement
39. A two bin system is not appropriate with many stock items.
TrueFalse
40. MRP typically takes into account the capacity consideration.
TrueFalse
41. ODETTE is not applicable for automobile industry.
TrueFalse
42. In performance scenario, in a simplistic manner provides the continuous totalproductivity management cycle of :-
MeasurementEvaluationPlanningEffectiveness
43. While still maintaining high service level, the objective of supply chainmanager for inventory is to :-
Decrease itMaintain itIncrease itMake Zero
44. In practice, the data items for MPS will have normally same value in eachweek.
TrueFalse
45. What is Supply Chain?
Network of Facility & DistributionNetwork of procurement & Transportation of MaterialNetwork of Intermediate and Finished products
Page 22
CombinedNetwork of Sales And Distribution
46. It is often important to conduct What-if What-when What-how What-requiredanalysis in MRP.
47. Different machines were clustered together to eliminate :
Transportation of itemMovement of workersMovement of toolsTransportation of inspection equipments
48. The box jenkins method requires forecasters to :-
To make judgmentsUse their experienceUse their expert judgmentUse their Knowledge
49. How many levels the supply chain management is divided into ?
ThreeTwoFourFive
50. Products, with highly unpredictable levels of demand, high criticality, musthold high levels of stock and thereby allowing safety margins for :-
DeliveryLead timeDemand FluctuationMarket Potential
51. In the supply chain , Material flows :-
DownstreamUpstreamHorizontallyVertically
52. Marketing, Distribution, planning and Manufacturing along the supply chainoperate :-
IndependentlyInterdependentlyConcurrentlySingularly
1. Modeling 1. Is the tool used test the impact of strategic leveldecision have on supply chain performance.2. Simulation 2. Is used to evaluate the impact of information sharingand Co-Ordination.3. System 3. Is the tool for understanding issues of organizationaldecision making.4. Analytical Solution 4. Is the facility or process of interest.
5. Is the possibility of using mathematical methods toobtain exact information on question of interest.
6. Is the process by which we try to gain the understandingof how the corresponding system behaves.
54. In order to avoid a stock in a specified period, the quantity required to beordered is :-
135145150
Page 23
Combined125
55. The supply chain management is compared by " Cooper and Ellram" with :-
Relay TeamLong Distance RunnerLong Distance JumperHockey Team
56. If we take chair figures from MPS as chair requirement and to meet thoserequirements, the package will produced a detailed production plan for :-
SeatsBacksLegsChairs
57. In order to meet the guarantee to customer for shipment of notebook PC onsame day as receipt of order, the company has to maintain significant amount ofinventory.
TrueFalse
__________________________________________________________________________________________
Answers:
Multiple Choice Single AnswerQuestion In 1996, the purchase of logistics services by 3PL on behalf of
their client in billion dollars was :-Correct Answer 25Your Answer 25
Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by
which methods?Correct Answer Just in timeYour Answer Master production schedule
Multiple Choice Single AnswerQuestion The alternative strategy to meet the increased demand will be to buy
from subcontractor if it would have been :-Correct Answer At cheaper costYour Answer Faster Supplies
Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes
per day of shipmentYour Answer 1770 suppliers , 31 Assemble parts , 10000 parts shipped per day
True/FalseQuestion Total productivity appears the only relevant productivity measure
for decision making purpose.Correct Answer TrueYour Answer False
Select The BlankQuestion The models that describe operational decisions are often very
________ in nature.Correct Answer SpecificYour Answer Complex
Match The FollowingPage 24
CombinedQuestion Correct Answer Your Answer
Expedition More frequent & flexible delivery may be required for realignment ofprocess More frequent & flexible delivery may not be required for realignment ofprocess
Purchasing More flexible & frequent purchasing operation need to be establishedfor realignment of process More flexible & frequent purchasing operation need tobe established for realignment of process
Manufacturing If the installation of the most expensive components is to bedelayed as much as possible, change in the sequence & timing of manufacturingsteps may be required for realignment of process If the installation of the mostexpensive components is to be delayed as much as possible, change in the sequence& timing of manufacturing steps may be required for realignment of process
Order taking Companies that used to collect customer orders on a monthly basiswill need to shorten the information collection cycle time for realignment ofprocess Companies that used to collect customer orders on a weekly basis willneed to improve the information collection cycle time for realignment of process
Select The BlankQuestion Market sales data is the ________ for the whole supply chain.Correct Answer Information catalystYour Answer Competitive Advantage
Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for
Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More RevenueYour Answer On Time Delivery , Reduce Inventory Cost , More Revenue
Multiple Choice Multiple AnswerQuestion The Appraisal points for market information enriched strategy are :-
Correct Answer JIT Capacity Level , Number of Stock turns , OrderAmplificationYour Answer JIT Capacity Level , Number of Stock turns , Consumer Habit
fluctuation
Multiple Choice Single AnswerQuestion How the average inventory for the stock item is represented?Correct Answer By 1/2 stockYour Answer By 1/2 stock
Select The BlankQuestion The real benefits of Kanban will not be ________ until the
auto-industry moves into a mixed production.Correct Answer RealizedYour Answer Utilized
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Strategic
True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer True
True/FalseQuestion MRP typically takes into account the capacity consideration.Correct Answer TrueYour Answer False
True/FalsePage 25
CombinedQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply
chain manager for inventory is to :-Correct Answer Decrease itYour Answer Decrease it
Multiple Choice Single AnswerQuestion What is Supply Chain?Correct Answer Network of Facility & DistributionYour Answer Network of Intermediate and Finished products
Select The BlankQuestion It is often important to conduct ________ analysis in MRP.Correct Answer What-ifYour Answer What-if
Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Movement of workers
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-Correct Answer DownstreamYour Answer Horizontally
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply
chain operate :-Correct Answer IndependentlyYour Answer Concurrently
Match The FollowingQuestion Correct Answer Your Answer
Analytical Solution Is the possibility of using mathematical methods to obtainexact information on question of interest. Is the possibility of usingmathematical methods to obtain exact information on question of interest.
Modeling Is the process by which we try to gain the understanding of how thecorresponding system behaves. Is used to evaluate the impact of informationsharing and Co-Ordination.
Simulation Is the tool for understanding issues of organizational decisionmaking. Is the tool used test the impact of strategic level decision have onsupply chain performance.
System Is the facility or process of interest. Is the process by which we try togain the understanding of how the corresponding system behaves.
Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with
:-Correct Answer Relay TeamYour Answer Relay Team
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet
Page 26
Combinedthose requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook
PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True
Select The BlankQuestion In re-order level approach average stock levels stay more or
________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less
Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is
mainly based on:-Correct Answer Decision MakingYour Answer DBMS
Multiple Choice Single AnswerQuestion According to Womack & Jones (1996),Who is the Prospective of SCM?Correct Answer Final CustomerYour Answer Final Customer
Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single
integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management
True/FalseQuestion Postponement does guarantee win win situation under all circumstance
in spite of cost involved.Correct Answer TrueYour Answer False
Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply
chain, is known as :-Correct Answer PipelineYour Answer Pipeline
Select The BlankQuestion Indirect cost increases can be caused by changes in the ________ and
distribution process.Correct Answer ProductionYour Answer Production
Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
Replenishment Cycle TimeYour Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time ,
Training Cycle Time
Multiple Choice Single AnswerQuestion The cost of oversupply is high in case of highly customized end
products as it is difficult to find for them:-Correct Answer The alternative uses
Page 27
CombinedYour Answer The alternative buyers
True/FalseQuestion The information enriched factories are, therefore, able to make an
informed decision at a much earlier point in the time than the factory at the endof the traditional supply chain.Correct Answer TrueYour Answer True
Select The BlankQuestion Customer order promised cycle time is gap between the purchase order
creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date
Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production
in its existing business?Correct Answer PerformanceYour Answer Sales
Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery
date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time
Multiple Choice Multiple AnswerQuestion In MRP II, the concentration is on planning of the manufacturing
resources like :-Correct Answer People , Machines , StorageYour Answer People , Machines , Storage
True/FalseQuestion The enriching the order decisions with market place information
enables the factory to be much more responsive, since less supply chain Filteringis taking place.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the
key for the effective :-Correct Answer ManagementYour Answer Management
Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________
turnover of item.Correct Answer CompareYour Answer Increase
Select The BlankQuestion The integration will make each unit of organization understand how
the action will impact other parts of & enabling it to choose alternative that________ the organization goal.Correct Answer OptimizeYour Answer Complete
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed
becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability
Page 28
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple AnswerQuestion The benefit of MRP is that the process is automated, hence it :-Correct Answer Can easily take other items that go to make final assembly , Is
quicker , Is less error proneYour Answer Can easily take other items that go to make final assembly , Is
quicker , Is less error prone
True/FalseQuestion Customer service is prime motto for SCM.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion Today's supply chain are very complicated to be controlled based on
intution, hence what is necessary to have statistical data on the performance of supplychain?
Correct Answer AccessYour Answer Access
Select The BlankQuestion The integration will make each unit of organization understand how the
action will impact other parts of & enabling it to choose alternative that ________ theorganization goal.
Correct Answer OptimizeYour Answer Optimize
Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-Correct Answer Agent Based management , Information System , GlobalizationYour Answer Agent Based management , Information System , Globalization
Multiple Choice Single AnswerQuestion The concept which is relevant to many situations where organizational
growth system is required to flow of incoming materials against outgoing components &product is known as :-
Correct Answer Pipeline ManagementYour Answer Pipeline Management
Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-Correct Answer How many centers to have? , Location of centres , Size of centresYour Answer How many centers to have? , Location of centres , Size of centres
True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True
True/FalseQuestion The corporations production Kanban is the card which regulates the
suppliers production kanban.Correct Answer FalseYour Answer False
Select The BlankQuestion Simple method for Time series forecasting is to take a ________ Average.Correct Answer MovingYour Answer Moving
Multiple Choice Multiple AnswerQuestion The information Enriched simulation Model is based on :-Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional ModelYour Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
True/FalseQuestion General Co-ordination is the integration of different function, i.e.
production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer True
Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1995
Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information SystemYour Answer Integrated Logistics Function , Expertise In Information System
Multiple Choice Single AnswerQuestion Which network between companies making different ingredients to many
products can be charted?Correct Answer Supply networkYour Answer Supply network
Multiple Choice Single AnswerQuestion MRP is much better suited than JIT for which type of implementation?
Correct Answer ComputerisedYour Answer Computerised
Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery date
is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time
Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?Correct Answer Rail , Ocean , AirYour Answer Rail , Ocean , Air
Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Strategic
Select The BlankQuestion The basic operators framework ________ that there is a link between
capabilities & strategy on one hand & capabilities & resources & infrastructure on theother hand.
Correct Answer ImpliesYour Answer Implies
Select The BlankQuestion The mode choice aspect of transport decisions are more ________ ones, as
they are closely linked with inventory decision.Correct Answer StrategicYour Answer Strategic
Select The BlankQuestion Once we have all the information we should be able to ________ in terms
of when to place order with suppliers.Correct Answer CalculateYour Answer Calculate
Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three
Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain
manager for inventory is to :-
Correct Answer Decrease itYour Answer Decrease it
True/FalseQuestion Defects per million opportunities(DPMO) is concept of Four Sigma.Correct Answer FalseYour Answer False
True/FalseQuestion Orders arrive in one batch with a known lead time arriving just as stock is
exhausted.Correct Answer TrueYour Answer False
Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the
same and are Less responsive to change in demand.Correct Answer LessYour Answer Less
Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous
total productivity management cycle of :-Correct Answer Measurement , Evaluation , PlanningYour Answer Measurement , Evaluation , Planning
Multiple Choice Single AnswerQuestion The number of weeks taken for ordering material at beginning till the
finished products reach customer in the apperal industry as per Flaherty report is:-Correct Answer 58.5 weeksYour Answer 58.5 weeks
Select The BlankQuestion The purpose of the analysis is to discern some relationship between Y1
values observed so far in order to ________ us to forecast future values of Y1.Correct Answer EnableYour Answer Enable
True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five
years.Correct Answer FalseYour Answer False
Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?
Correct Answer To provide for cause , To provide for corrective action , To providefor future action
Your Answer To provide for cause , To provide for corrective action , To providefor future action
Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based
Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for major
market places like:-Correct Answer America , Asia , EuropeYour Answer America , Asia , Europe
Select The BlankQuestion Category C items are relatively unimportant inventory items & are
responsible for ________% of inventory cost.Correct Answer 5Your Answer 5
Match The FollowingQuestion Correct Answer Your AnswerModeling approaches are methods Which facilitate concise review & at the same timeattempt to accommodate the above polarity. Which facilitate concise review & at thesame time attempt to accommodate the above polarity.Rough cut methods give guiding policies For the operation decisions. For theoperation decisions.Network design methods For the most part give normative models for more strategicdecisions. For the most part give normative models for more strategic decisions.Simulation is the method by which A comprehensive supply chain model can beanalyzed. A comprehensive supply chain model can be analyzed.
Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes
more important capability.Correct Answer ApplicabilityYour Answer Applicability
Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be
ordered is :-Correct Answer 135Your Answer 135
True/FalseQuestion Postponement does guarantee win win situation under all circumstance in
spite of cost involved.Correct Answer TrueYour Answer True
Match The FollowingQuestion Correct Answer Your AnswerOther Unit production cost The cost of production of one unit of the product that is notaccounted in employee cost. The cost of production of one unit of the product that is notaccounted in employee cost.Hiring cost The cost of hiring an employee. The cost of hiring an employee.Unit inventory holding cost The cost of holding one unit in stock at the end of eachperiod. The cost of holding one unit in stock at the end of each period.Unit subcontracting cost The cost of each unit bought from external source. Thecost of each unit bought from external source.
Multiple Choice Multiple AnswerQuestion EDIFACT is :-Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to
supersede X 12 , Promoted as world ADI StandardYour Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to
supersede X 12 , Promoted as world ADI Standard
Multiple Choice Single AnswerQuestion In Toyoto, what was the most common method of Kanban?Correct Answer Piece of rectangular paper in transparent vinyl envelopeYour Answer Piece of rectangular paper in transparent vinyl envelope
Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those
requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs
True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock
out.Correct Answer TrueYour Answer True
Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key
for the effective :-Correct Answer ManagementYour Answer Management
Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over
the planning period.Correct Answer AllowYour Answer Allow
Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for
the :-Correct Answer OrganisationYour Answer Organisation
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/FalseQuestion To reconcile JIT and EOQ, we don’t take fixed setup cost and / or
variable holding cost as fixed but seek to reduce them.Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion In Delphi technique a answers of the questions are assembled & are
re-circulated among the experts till :-Correct Answer Consensus is reached
Your Answer Consensus is reached
Multiple Choice Single AnswerQuestion The decision on mode of transport are influenced by geographical
placements of :-Correct Answer Plants & Warehouse
Your Answer Plants & Warehouse
Match The FollowingQuestion Correct Answer Your Answer
Towill 1996 1996
Forrester 1960 1960
Amstel 1990 1990
Whiteoak 1994 1994
Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a
filter has to drive to and obtain a minor part?Correct Answer Queue at supplier end
Your Answer Queue at supplier end
Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?
Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Pressure For the Change , Shared Vision , Capacity for Change
True/FalseQuestion JIT/TQM are the tools for SCM.
Correct Answer True
Your Answer True
True/FalseQuestion If the supply chain do not track uncertainties than it leads to non
optimal stocking levels.Correct Answer True
Your Answer True
Select The BlankQuestion The third party providers who can ________ the need of transition
from their focus on product oriented services to new strategies likelong term business partnerships will most likely enjoy long termsuccess.
Correct Answer Meet
Your Answer Meet
Select The BlankQuestion Kanban process ________ focuses on the human factors of
production.Correct Answer Indirectly
Your Answer Indirectly
Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has
most significant impact?Correct Answer Production
Your Answer Production
Multiple Choice Multiple AnswerQuestion The consequence of longer lead time will often be :-
Correct Answer Less Dependability , Reduce Production Facility , Higher Levels OfInventory
Your Answer Less Dependability , Reduce Production Facility , Higher Levels OfInventory
Multiple Choice Single AnswerQuestion Hiring cost per employee is:-
Correct Answer Hiring cost
Your Answer Hiring cost
Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace
:-Correct Answer Quantity , Quality , Delivery
Your Answer Quantity , Quality , Delivery
Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them , Allocationof Suppliers to plants
Your Answer What products to produce , Which plants to produce them , Allocationof Suppliers to plants
Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans of
several plants.Correct Answer Production
Your Answer Production
Select The BlankQuestion All of the product, process & infrastructure changes ________ will
have an impact on the knowledge & skills the employees will need toposses.
Correct Answer Outlined
Your Answer Outlined
Select The BlankQuestion Customer order promised cycle time is gap between the purchase
order creation and ________.Correct Answer Requested delivery date
Your Answer Requested delivery date
Select The Blank
Question We have criteria for ________ forecasts, however generalized theyare.
Correct Answer Distinguishing
Your Answer Distinguishing
Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer
lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination
Your Answer Speed it up , Restructure it , Change co-ordination
True/FalseQuestion Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The category of forecasting are :-
Correct Answer Short Term , Medium Term , Long Term
Your Answer Short Term , Medium Term , Long Term
True/FalseQuestion EDI helps in Just In Time for manufacturing.
Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion The three areas of traditionally comprise supply chain management
are :-Correct Answer Supply Chain Planning , Supply chain Execution , Supply chain
Transaction SystemYour Answer Supply Chain Planning , Supply chain Execution , Supply chain
Transaction System
Select The BlankQuestion The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Match The FollowingQuestion Correct Answer Your Answer
Stock out ratio Is comparison of % ofdemand actually satisfiedwith the defined service
Is comparison of % ofdemand actually satisfiedwith the defined service
Lead time Is the time between areplenishment need arising& new deliveries beingready for use
Is the time between areplenishment need arising& new deliveries being readyfor use
Inventory service level Is % probability of stockavailability to meetdemands
Is % probability of stockavailability to meet demands
ABC Analysis Can be used to classifystock groups
Can be used to classifystock groups
Select The BlankQuestion For the good result, supply chain require to be very ________.
Correct Answer Transparent
Your Answer Transparent
Multiple Choice Single AnswerQuestion The third party logistics companies' capabilities are the result of
extensive investment in :-Correct Answer Technology
Your Answer Technology
True/FalseQuestion BACS is a system of electronic payments from user.
Correct Answer True
Your Answer True
Multiple Choice Single AnswerQuestion What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Multiple Answer
Question What are the major steps in cycle counting?
Correct Answer Cycle counting , Control group cycle counting , Random cyclecounting
Your Answer Cycle counting , Control group cycle counting , Random cyclecounting
True/FalseQuestion Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer False
Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of
responsiveness of Supply Chain to market demand :-Correct Answer Finished Goods , Work in process inventory , Raw Material
Your Answer Raw Material , Finished Goods , Work in process inventory
Multiple Choice Single AnswerQuestion The report will examine the potential for the successful
implementation of the process into which manufacturing firms?Correct Answer Australian
Your Answer Australian
Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-
Correct Answer Downstream
Your Answer Downstream
Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at
the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
Index
Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the
total number of suppliers.Correct Answer Reduce
Your Answer Reduce
Multiple Choice Multiple AnswerQuestion The Technique used for pipeline performance improvement are :-
Correct Answer Just -In- Time , Manufacturer Resource Planning (MRP) , LeanManufacturing
Your Answer Just -In- Time , Manufacturer Resource Planning (MRP) , LeanManufacturing
Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram"
with :-Correct Answer Relay Team
Your Answer Relay Team
Multiple Choice Single AnswerQuestion The location decision in supply chain entities are concerned with:-
Correct Answer Plants
Your Answer Plants
True/FalseQuestion In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.Correct Answer True
Your Answer True
Multiple Choice Multiple AnswerQuestion Which are the SMART goals?
Correct Answer Specific , Measurable , Attainable
Your Answer Specific , Measurable , Attainable
Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply
chain operate :-Correct Answer Independently
Your Answer Independently
Multiple Choice Multiple Answer
Question The information Enriched comprises of:-
Correct Answer Consumer Habits , Habit frequency , Future dispatch fluctuation
Your Answer Consumer Habits , Habit frequency , Future dispatch fluctuation
Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control
elements such as :-Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service