supply chain SCDL

www.oqp.inSCDL- PGDBA- IV Semester (Operations)

Supply Chain Mangement code 141

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple Answer Question Which of the following are the modes of transport?

Correct Answer

Ocean , Air , Rail

Your Answer Air , Rail , Ocean

True/False Question The economic order quantity is the order quantity that

minimizes total cost. Correct Answer

True

Your Answer False

Multiple Choice Single Answer Question Just in Time means that items move through which system

as & when they are needed? Correct Answer

Production

Your Answer Production

Multiple Choice Multiple Answer Question The advantages of Kanban system are :-

Correct Answer

A simple system , Provides quick & precise information , Low cost associated with the transfer of information

Your Answer A simple system , Provides quick & precise information , Low cost associated with the transfer of information

Multiple Choice Single Answer Question 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

True/False Question Postponement does guarantee win win situation under all

circumstance in spite of cost involved. Correct Answer

True

Your Answer False

Multiple Choice Single Answer Question What is the advantage of IT for monitoring the supply chain

performance?

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Correct Answer

Statistics is generated

Your Answer Statistics is generated

Select The Blank Question By being able to postpone the production to the point where

________ is better known, the company can greatly improve its forecasting abilities.

Correct Answer

Demand

Your Answer Demand

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

Match The FollowingQuestion Correct Answer Your Answer

Developing corrective action establishes

That the effort should be carefully organized else success will not be achieved

That the effort should be carefully organized else success will not be achieved

Random cycle counting establishes

Whether or not conformance to expectation is present

Whether or not conformance to expectation is present

Counting the control group establishes

The physical quantity available

The physical quantity available

Comparing the counts to records establishes

The comparing physical count to computer records

The comparing physical count to computer records

Multiple Choice Multiple Answer Question 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 speed

Your Answer Large finished goods inventory , Additional stock to handle all the product proliferation

Select The Blank Question The retailers undertake Pareto Analysis routinely to

________ turnover of item. Correct Answer

Compare


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Your Answer Predict

Multiple Choice Multiple Answer Question 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 Answer Question In the world class logistics study (Published in 1995) there is

requirement of :- Correct Answer

New SCM approach

Your Answer New SCM approach

Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost &

variable holding cost to ________ total cost Correct Answer

Drive down

Your Answer Drive down

True/False Question Another aspect of Toyoto production system was reduction of

setup time. Correct Answer

True

Your Answer True

True/False Question JIT is not a dynamic system.

Correct Answer

True

Your Answer False


Modeling approaches are methods

Which facilitate concise review & at the same time attempt to accommodate the above polarity.


Rough cut methods give guiding policies

For the operation decisions.

Give guiding policies for strategic decisions.


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Network design methods For the most part give normative models for more strategic decisions.

Give normative models for more operator decisions.

Simulation is the method by which

A comprehensive supply chain model can be analyzed.


Select The Blank Question The Japanese have mastered supply chain management &

the extent to which their ________ are involved in the product development process.

Correct Answer

Suppliers

Your Answer Customers

Multiple Choice Single Answer Question The Data required for the IT application in the field of SCM is

mainly based on:- Correct Answer

Decision Making

Your Answer Data Structure

Multiple Choice Multiple Answer Question JIT is :-

Correct Answer

Top Down system , Centrally organized , Imposed production system

Your Answer Top Down system , Imposed production system , Implement procurement system

Multiple Choice Single Answer Question In the current business scenario Indian organisations require

to improve customer service to become perfect in :- Correct Answer

Customer centric process

Your Answer Customer centric process

Multiple Choice Single Answer Question The co-ordination between various players in the supply

chain is the key for the effective :- Correct Answer

Management

Your Answer Management

Select The Blank Question Inventory turnover indicates the ________ of Goods.

Correct Answer

Velocity


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Your Answer Velocity

Multiple Choice Multiple Answer Question 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

Legs , Seats , Backs

Your Answer Seats , Backs , Legs

Select The Blank Question The reduced stock holding eliminates ________ of goods.

Correct Answer

Double Handling

Your Answer Double Handling

True/False Question Entities in a supply chain may belong to different

organization within different companies. Correct Answer

False

Your Answer True

Select The Blank Question 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

Enable

Your Answer Enable

True/False Question In practice, the data items for MPS will have normally same

value in each week. Correct Answer

False

Your Answer True

True/False Question Retailers are not interested in low stock run.

Correct Answer

True

Your Answer False

Multiple Choice Multiple Answer


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Question 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 , Capacity for Change , Outbound Training

Multiple Choice Single Answer Question Which company had defined JIT as stockless production?

Correct Answer

Hewlett Packard

Your Answer Hewlett Packard

Select The Blank Question 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

True/False Question JIT/TQM are the tools for SCM.

Correct Answer

True

Your Answer True

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 Reasonably

Multiple Choice Multiple Answer Question The realignment of processing includes :-

Correct Answer

Order taking , Purchasing , Manufacturing

Your Answer Order taking , Manufacturing , Distribution

Multiple Choice Multiple Answer Question 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


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Your Answer 25 in week 1

Multiple Choice Multiple Answer Question 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 action

Your Answer To provide for cause , To provide for corrective action

Multiple Choice Multiple Answer Question Realignment of infrastructure includes :-

Correct Answer

Production & warehouse premises , Production equipment , Information & IT system

Your Answer Production & warehouse premises , Production equipment , Information & IT system

Multiple Choice Single Answer Question The most relevant measures for capital input is that of :-

Correct Answer

Replacement cost

Your Answer Market value

True/False Question 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 end of the traditional supply chain.

Correct Answer

True

Your Answer True

Multiple Choice Single Answer Question An example of multiple equation method given in an

economic model is the treasury model of which economy? Correct Answer

UK

Your Answer UK

Multiple Choice Single Answer Question 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

Access

Your Answer Access

Select The Blank


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Question Japanese logistics performance and its ________ are paramount priorities in their business environment.

Correct Answer

Effectiveness

Your Answer Effectiveness

Multiple Choice Single Answer Question JIT is a system based on what usage- parts of production

system which are linked together? Correct Answer

Actual

Your Answer Actual

True/False Question The key to integration is co-ordination.

Correct Answer

True

Your Answer True

Select The Blank Question The realistic ________ demonstrate the benefits of a holistic

view of supply chain information flow. Correct Answer

Simulation Model

Your Answer Simulation Model


Multiple Choice Multiple Answer Question 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

Your Answer True

Select The Blank Question The models that describe operational decisions are often

very ________ in nature.


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Correct Answer

Specific

Your Answer Specific


Correct Answer

Rail , Ocean , Air

Your Answer Rail , Ocean , Air

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

Multiple Choice Multiple Answer Question 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

Multiple Choice Multiple Answer Question The consequence of longer lead time will often be :-

Correct Answer

Less Dependability , Reduce Production Facility , Higher Levels Of Inventory

Your Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory

Multiple Choice Single Answer Question Delaying the component production until shortly before

demand is known, may imply producing in :- Correct Answer

Small batches

Your Answer Small batches


Planned order release When we need to release the planned orders having regard to lead time required

What we will receive each period as a result of planned orders

Projected on hand What the inventory level will be if we produce

What we will each period as a receive of purchased


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according to plan above & demand forecast is correct

orders

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 such stock outs

When we need to release the planned orders having regard to lead time required

Planned order receipt What we will receive each period as a result of planned orders

What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs

Multiple Choice Single Answer Question What was introduced by Toyoto to have a method of

controlling production in new environment? Correct Answer

Kanban

Your Answer Kanban

Select The Blank Question All of the product, process & infrastructure changes

________ will have an impact on the knowledge & skills the employees will need to posses.

Correct Answer

Outlined

Your Answer Given

Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of

inventory for the organization? Correct Answer

Common

Your Answer Common

Select The Blank Question ________ demand is converted into order information and

passed down through the supply chain to trigger product release to the customer.

Correct Answer

End Consumer

Your Answer Market

True/False Question A two bin system is not appropriate with many stock items.

Correct True


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Answer Your Answer True

Multiple Choice Single Answer Question To provide an adequate support what will be need to do with

information system? Correct Answer

Major overhaul

Your Answer Major overhaul

Select The Blank Question Suppliers are ________ to JIT business.

Correct Answer

Crucial

Your Answer Important

Select The Blank Question The value of m reflects the weight given to the current

observation in ________ the exponentially smoothed moving average for the specified period.

Correct Answer

Calculating

Your Answer Finalizing

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

True/False Question Another aspect of Toyoto production system was reduction of

setup time. Correct Answer

True

Your Answer True

True/False Question If you use only Transport Kanban in Kanban process then it

is known as simple Kanban process. Correct Answer

True

Your Answer True

True/False


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Question NFW means Net financial assets in the private sector.

Correct Answer

False

Your Answer True

True/False Question 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 Single Answer Question Which of the following is the cost in the supply contract?

Correct Answer

Researching & negotiating

Your Answer Researching & negotiating

True/False Question Logistics covers 90% cost of manufacturing.

Correct Answer

False

Your Answer True

Select The Blank Question As compared to minimal cost strategy the level strategy is

________. Correct Answer

Cheaper

Your Answer Simple


Towill 1996 1996

Forrester 1960 1947

Amstel 1990 1960

Whiteoak 1994 1990



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Management




Organisation

Your Answer Organisation

Multiple Choice Multiple Answer Question Industrial Re-engineering concepts encourage :-

Correct Answer

Modular Organization of work , Multi-skilling , On the job training procedures

Your Answer Modular Organization of work , Multi-skilling , On the job training procedures

True/False Question 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 Answer Question 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 Blank Question BOM can have ________ levels.

Correct Answer

Many

Your Answer Two

Multiple Choice Single Answer Question Historically economic techniques/methods tend to have large

forecasting errors, for which term? Correct Answer

Medium

Your Answer Short


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Multiple Choice Multiple Answer Question Following are the functions of EDI software :-

Correct Answer

Interfacing with VADS , Trading Partner Database , Encryption of EDI Message

Your Answer Interfacing with VADS , Trading Partner Database , Encryption of EDI Message

Multiple Choice Single Answer Question The concept of unfilled customer order as a measurement is

known as :- Correct Answer

A backorder

Your Answer Reverse order

Multiple Choice Multiple Answer Question 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 Answer Question 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



Correct Answer

Enable

Your Answer Enable

Multiple Choice Multiple Answer Question 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 any dispute , Legal Jurisdiction for settling dispute

Select The Blank Question In the MRP package referred in the example, the entry of

capacity data is to see if we are________ production capacity.

Correct Exceeding


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Answer Your Answer Meeting

Select The Blank Question The multi plant co-ordination is to coordinate the ________

plans of several plants. Correct Answer

Production

Your Answer Supply chain

Multiple Choice Single Answer Question 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 Answer Question 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/False Question Defects per million opportunities(DPMO) is concept of Four

Sigma. Correct Answer

False

Your Answer True

True/False Question The visual record process is only a sub-process in Japanese

Kanban Management system. Correct Answer

True

Your Answer False

Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player

always received order information from :- Correct Answer

Consumer

Your Answer Wholesaler

Select The Blank


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Question Exponential smoothing can be viewed as forecast continually________ by the forecast error just made.

Correct Answer

Updated

Your Answer Improved

True/False Question NFW means Net financial assets in the private sector.

Correct Answer

False

Your Answer False

Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes

more important capability. Correct Answer

Applicability

Your Answer Applicability

Select The Blank Question BOMs are structural ________ that changes relatively infrequently.

Correct Answer

Information

Your Answer Details

Select The Blank Question Customer order promised cycle time is gap between the purchase order

creation and ________. Correct Answer

Requested delivery date

Your Answer Goods received

True/False Question There are no international EDI standards. The user organization require to

develop it for their operation only. Correct Answer

False

Your Answer True


Order Processing Material Follow-up Material procurement


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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 Answer Question 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/False Question Inventory Turns means turns over per year for inventory procurement.

Correct Answer

True

Your Answer True


Analytical Solution Is the possibility of using mathematical methods to obtain exact information on question of interest.

Is the tool for understanding issues of organizational decision making.

Modeling Is the process by which we try to gain the understanding of how the corresponding system behaves.

Is the possibility of using mathematical methods to obtain exact information on question of interest.

Simulation Is the tool for understanding issues of organizational decision making.

Is the process by which we try to gain the understanding of how the corresponding system behaves.

System Is the facility or process of interest.

Is the tool used test the impact of strategic level decision have on supply chain performance.

Select The Blank Question The Function for EDI software is message tracking and ________.

Correct Answer

Audit Trail


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Your Answer Audit Trail


Correct Answer


Your Answer Order taking , Purchasing , Manufacturing , Distribution

True/False Question The corporations production Kanban is the card which regulates the

suppliers production kanban. Correct Answer

False

Your Answer True

Select The Blank Question The exponenti________y smoothed moving average takes into account All

of the previous observations. Correct Answer

All

Your Answer Majority

Select The Blank Question 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


Multiple Choice Multiple Answer Question 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 Answer Question 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 Answer Question Initially the candidates for outsourcing were companies that needed to


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reduce their :- Correct Answer

Assets

Your Answer Non Core Activities

Select The Blank Question The cheapest solution is to simply ________ backorders to built up over the

planning period. Correct Answer

Allow

Your Answer Disallow

Multiple Choice Multiple Answer Question 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 Answer Question 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


Correct Answer


Your Answer Cycle counting , Control group cycle counting , Random cycle counting , Physical inventory

Multiple Choice Single Answer Question 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 Answer Question Which employees will have to learn to manage shorter deadline along with

order taking employees? Correct Answer

Purchasing

Your Answer Logistics


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True/False Question 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 Answer Question 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 Chain

following thing is very important :- Correct Answer

MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/False Question The constant m is called smoothing constant in single exponentially

smoothing. Correct Answer

True

Your Answer True

Select The Blank Question The retailers undertake Pareto Analysis routinely to ________ turnover of

item. Correct Answer

Compare

Your Answer Predict

Select The Blank Question 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/False Question Direct cost increase can be caused by product or process redesign.


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Correct Answer

True

Your Answer True

Multiple Choice Single Answer Question 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 Answer Question 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 as

simple Kanban process. Correct Answer

True

Your Answer True

Multiple Choice Multiple Answer Question 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 Answer Question 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 Blank Question The four key figures of logistics strategic environment are competition,

market served, technology and ________ satisfaction Correct Answer

Stake holder's

Your Answer Customer's


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True/False Question Total productivity appears the only relevant productivity measure for

decision making purpose. Correct Answer

True

Your Answer False

Multiple Choice Multiple Answer Question 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 Answer Question 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 at

opinion about the future? Correct Answer

Delphi

Your Answer Delphi

Multiple Choice Single Answer Question 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 Answer Question 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 Blank Question It is often important to conduct ________ analysis in MRP.

Correct Answer

What-if


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Your Answer What-if

Multiple Choice Single Answer Question 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 Answer Question In performance scenario, in a simplistic manner provides the continuous

total productivity management cycle of :- Correct Answer


Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple Answer Question 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


Multiple Choice Single Answer Question Total cost of Ownership & direct Product Profitability are

focused at a particular segment of chain intended to be used for :-

Correct Answer

Chain wide Management

Your Answer Chain wide Management

True/False Question Orders arrive in one batch with a known lead time arriving

just as stock is exhausted. Correct Answer

True

Your Answer True


Correct Answer


Your Answer Reduce Production Facility , Higher Levels Of Inventory , Reduced Customer Satisfaction


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Multiple Choice Single Answer Question The potential is yet to be tapped for more relevant and

sophisticated yardsticks in logistics for total :- Correct Answer

Productivity

Your Answer Productivity

True/False Question In SCM concept, there is no requirement of comparing

factory responses to market place set up input. Correct Answer

False

Your Answer False

Select The Blank Question In the Enrich information pipeline all supply chain partner

utilize ________. Correct Answer

Market Sales Information

Your Answer Integrated data



Correct Answer

Enable

Your Answer Enable

Select The Blank Question The exponenti________y smoothed moving average takes

into account All of the previous observations. Correct Answer

All

Your Answer All





Multiple Choice Multiple Answer Question Following results are possible only & only if organisation

goes for Supply chain Priorities:-


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Correct Answer

On Time Delivery , Reduce Inventory Cost , More Revenue

Your Answer On Time Delivery , Reduce Inventory Cost , More Revenue

Select The Blank Question Rather than attempt to guess which forecast is better, we can

________ the problem logically. Correct Answer

Approach

Your Answer Approach

Multiple Choice Single Answer Question The vital player in the traditional supply chain is :-

Correct Answer

Retailer

Your Answer Manufacturer


Correct Answer

Rail , Ocean , Air


Select The Blank Question Indirect cost increases can be caused by changes in the

________ and distribution process. Correct Answer

Production


Multiple Choice Single Answer Question To implement Just In Time Strategy is to have planning of

production and Inventory:- Correct Answer

Perfect

Your Answer Perfect

True/False Question JIT need to be applied to all stages of process.

Correct Answer

True

Your Answer True

Multiple Choice Single Answer


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Question Within the production field, which process is the most significant of the following?

Correct Answer

Kanban

Your Answer JIT



Management

Your Answer Operation

True/False Question EDI helps in Performance Improvement.

Correct Answer

True

Your Answer True

True/False Question JIT is not a dynamic system.

Correct Answer

True

Your Answer False

Select The Blank Question The indirect cost increase has the consequent ________ the

infrastructure & resources. Correct Answer

Impacts on

Your Answer Upgradation of

Multiple Choice Single Answer Question How many levels the supply chain management is divided

into ? Correct Answer

Three

Your Answer Three

Multiple Choice Multiple Answer Question 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


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Expedition More frequent & flexible delivery may be required for realignment of process

Companies that used to collect customer orders on 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 & 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 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

Order taking Companies that used to collect customer orders on a monthly basis will need to shorten the information collection cycle time for realignment of process

More frequent & flexible delivery may be required for realignment of process

True/False Question The recent survey in various companies about the use of 3

PL logistics showed signs of satisfaction among shippers. Correct Answer

False

Your Answer True

Multiple Choice Single Answer Question In master production schedule, the aim of any organization is

to have fixed period as possible to have market driven :- Correct Answer

Production



week 5, 60 in week 6 then the requirement of backs are :- Correct Answer



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Your Answer 85 in week 1 , 90 in week 3 , 60 in week 4

Multiple Choice Single Answer Question The data content & floors of stock record systems are

needed by which methods? Correct Answer

Just in time

Your Answer Just in time

Select The Blank Question 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.

Multiple Choice Single Answer Question The location decision in supply chain entities are concerned

with:- Correct Answer

Plants

Your Answer Transportation

True/False Question Total productivity can be expressed as the overall measure

of economic effectiveness. Correct Answer

True

Your Answer True

Select The Blank Question The safety stock penalty of fixed re-order cycle methods

________, as stock usage value & demand variability rise. Correct Answer

Worsens

Your Answer Improves

Select The Blank Question The models that describe operational decisions are often

very ________ in nature. Correct Answer

Specific

Your Answer Complex



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Question How the average inventory for the stock item is represented?

Correct Answer

By 1/2 stock

Your Answer By 1/2 stock

Select The Blank Question Customer order promised cycle time is gap between the

purchase order creation and ________. Correct Answer



Multiple Choice Multiple Answer Question The information Enriched simulation Model is based on :-

Correct Answer

Automatic Pipeline Inventory , OBPCS , Traditional Model

Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

Multiple Choice Multiple Answer Question The key in effective management of the firms transport

strategy is :- Correct Answer

Shipment Size , Routing , Scheduling of Equipment

Your Answer Shipment Size , Routing , Scheduling of Equipment

Multiple Choice Single Answer Question The Data required for the IT application in the field of SCM is

mainly based on:- Correct Answer

Decision Making

Your Answer Decision Making

True/False Question 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 end of the traditional supply chain.

Correct Answer

True

Your Answer True

Multiple Choice Multiple Answer Question The data entered for the problem scenario are :-

Correct Answer

Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product

Your Answer Capacity Unit of Planning Resourcing , Capacity


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Requirement per Product , Total Number of Planning Resources

Multiple Choice Multiple Answer Question Japan management related elements of Kanban are

methods in which following techniques are included & interlinked :-

Correct Answer

Teamwork , Quality circle , Continual development

Your Answer Breaking of Administrative barriers , Teamwork , Quality circle

True/False Question SCM is infact a great big distributed application spanning

across several firms. Correct Answer

False

Your Answer True

True/False Question Lead Time, Order control and Stock levels reduction are the

variables in SCM model. Correct Answer

True

Your Answer True


Stock out ratio Is comparison of % of demand actually satisfied with the defined service

Is comparison 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

Is the 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 of stock availability to meet demands

ABC Analysis Can be used to classify stock groups

Can be used to classify stock groups

Multiple Choice Single Answer Question 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



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Question EDI agreement Legal Aspects covers :-

Correct Answer




Correct Answer


Your Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero


Correct Answer

False

Your Answer False

Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes

more important capability. Correct Answer

Applicability

Your Answer Applicability

Select The Blank Question BOMs are structural ________ that changes relatively infrequently.

Correct Answer

Information

Your Answer Details

Select The Blank Question Customer order promised cycle time is gap between the purchase order

creation and ________. Correct Answer



True/False Question There are no international EDI standards. The user organization require to

develop it for their operation only. Correct False


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Answer Your Answer True


Order Processing Material Follow-up Material procurement



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 Answer Question The pitfalls in inventory management can be avoided by using :-

Correct Answer


Your Answer Agent Based management , Information System , Globalization , Localization

True/False Question Inventory Turns means turns over per year for inventory procurement.

Correct Answer

True

Your Answer True





Is the possibility of using mathematical methods to obtain exact information on question of interest.

Simulation Is the tool for understanding issues of organizational decision making.


System Is the facility or process of Is the tool used test the impact


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interest. of strategic level decision have on supply chain performance.

Select The Blank Question The Function for EDI software is message tracking and ________.

Correct Answer

Audit Trail

Your Answer Audit Trail


Correct Answer


Your Answer Order taking , Purchasing , Manufacturing , Distribution

True/False Question The corporations production Kanban is the card which regulates the

suppliers production kanban. Correct Answer

False

Your Answer True

Select The Blank Question The exponenti________y smoothed moving average takes into account All

of the previous observations. Correct Answer

All

Your Answer Majority

Select The Blank Question 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



Correct Answer


Your Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero , Planning Period is 6 weeks



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Correct Answer

End User


Multiple Choice Single Answer Question Initially the candidates for outsourcing were companies that needed to

reduce their :- Correct Answer

Assets

Your Answer Non Core Activities

Select The Blank Question The cheapest solution is to simply ________ backorders to built up over the

planning period. Correct Answer

Allow

Your Answer Disallow


Correct Answer

Scheduled receipt , Projected net required , Planned order Release , Projected sales


Multiple Choice Multiple Answer Question 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


Correct Answer


Your Answer Cycle counting , Control group cycle counting , Random cycle counting , Physical inventory

Multiple Choice Single Answer Question In order to avoid a stock in a specified period, the quantity required to be

ordered is :- Correct Answer

135


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Your Answer 150

Multiple Choice Single Answer Question Which employees will have to learn to manage shorter deadline along with

order taking employees? Correct Answer

Purchasing


True/False Question 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


significant impact? Correct Answer

Production

Your Answer Design

Multiple Choice Single Answer Question 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/False Question The constant m is called smoothing constant in single exponentially

smoothing. Correct Answer

True

Your Answer True

Select The Blank Question The retailers undertake Pareto Analysis routinely to ________ turnover of

item. Correct Answer

Compare

Your Answer Predict

Select The Blank Question A further development of ________ performance measures is that a matrix


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of indicators can be formulated to relate main process of Logistics to the major long term goals.

Correct Answer

Logistics


True/False Question Direct cost increase can be caused by product or process redesign.

Correct Answer

True

Your Answer True

Multiple Choice Single Answer Question By arranging raw material deliveries at the start of day for one day's

requirement, JIT has : Correct Answer



Multiple Choice Single Answer Question How does aggregate plan created by master production schedule become

extremely detailed plan? Correct Answer

MRP translates it


True/False Question 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 Answer Question The SCM key metrics should be closely aligned to the company's strategic

objectives. In this measurements usually covers :- Correct Answer


Your Answer Internal Business , Training , Customer , EDBMS


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


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Select The Blank Question The four key figures of logistics strategic environment are competition,

market served, technology and ________ satisfaction Correct Answer

Stake holder's

Your Answer Customer's

True/False Question Total productivity appears the only relevant productivity measure for

decision making purpose. Correct Answer

True

Your Answer False

Multiple Choice Multiple Answer Question 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 Answer Question 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 at

opinion about the future? Correct Answer

Delphi

Your Answer Delphi

Multiple Choice Single Answer Question 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 Answer Question The various basic logistics productivity ratios can be used to control

elements such as :- Correct Warehousing , Transportation , Customer Service


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Answer Your Answer Warehousing , Transportation , Customer Service , Procurement

Select The Blank Question It is often important to conduct ________ analysis in MRP.

Correct Answer

What-if

Your Answer What-if

Multiple Choice Single Answer Question 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 Answer Question In performance scenario, in a simplistic manner provides the continuous

total productivity management cycle of :- Correct Answer


Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple Answer Question 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

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 , Corporate Technology

Select The Blank Question Suppliers agree to give customer ________ plans to cope with

disruption. Correct Answer Contingency

Your Answer Improvement



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significant impact? Correct Answer Production

Your Answer Design


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

Multiple Choice Single Answer Question 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 Blank Question 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 Answer Question 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 replacing

various sector standards is known as:- Correct Answer ANSI X 12

Your Answer ANSI X 12

Multiple Choice Multiple Answer Question 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 will send?


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The impact of postponement of coloration until the customer uses the product

Significant value was created in value chain & manufacturing cost & safety stock both decreased

Carry out more variety without increasing inventory

The impact of postponement in case of PC company

Inventory was cut to half Carry out more variety by slightly increasing inventory

The impact of postponement of customization of printer to DC areas

Decrease in inventory made up for the increased cost in creating some assembly function at DC level

Decrease in inventory made up for the increased cost in creating some assembly function at DC level

The impact of postponement in RPAG

Carry out more variety without increasing inventory

Significant value was created in value chain & safety stock also decreases partially

Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always

received order information from :- Correct Answer Consumer

Your Answer Distributor

Multiple Choice Single Answer Question 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 Answer Question In the supply chain , Material flows :-

Correct Answer Downstream

Your Answer Downstream

True/False Question 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 Answer Question In the current business scenario Indian organisations require to

improve customer service to become perfect in :- Correct Answer Customer centric process


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Your Answer Business Analysis

True/False Question 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 Blank Question Simple method for Time series forecasting is to take a ________

Average. Correct Answer Moving

Your Answer Non Weighted Moving

Multiple Choice Multiple Answer Question The globalization has forced local companies to improve following:-

Correct Answer Manufacturing Practices , Supply Chain Management , Inventory Levels and Distribution Capabilities

Your Answer Distribution Network , Supply Chain Management , Inventory Levels and Distribution Capabilities

Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated

as ________. Correct Answer Cost saving centre

Your Answer Policy Matter

Multiple Choice Multiple Answer Question 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


Select The Blank Question The realistic ________ demonstrate the benefits of a holistic view of

supply chain information flow. Correct Answer Simulation Model

Your Answer Simulation Model

Select The Blank Question The mode choice aspect of transport decisions are more ________

ones, as they are closely linked with inventory decision.


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Correct Answer Strategic

Your Answer Locational

Select The Blank Question 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/False Question The constraints in multiple equation methods will probably be different

for different groups. Correct Answer True

Your Answer True

Multiple Choice Single Answer Question 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 Blank Question ________ is activity which is outsourced by most of Indian companies.

Correct Answer Warehousing

Your Answer Billing

Multiple Choice Multiple Answer Question 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 Blank Question Kanban process ________ focuses on the human factors of

production. Correct Answer Indirectly

Your Answer Indirectly

True/False


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Question It would be impossible to find the minimum cost solution manually.

Correct Answer True

Your Answer False

True/False Question 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 Answer Question In SCM metrics, Training means :-

Correct Answer Inhouse training , APICS Membership , Certification Training

Your Answer Inhouse training , APICS Membership , Certification Training

True/False Question Incoming inventory is the receiving of the items, as a result of buying in

from external or internal suppliers Correct Answer True

Your Answer True

Multiple Choice Multiple Answer Question 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 Blank Question If demand is known & steady, then ________ inventory can be

estimated. Correct Answer Average

Your Answer Final

True/False Question By going beyond internal supply chain & including external suppliers

and customers does not expose opportunities for improving internal operations.

Correct Answer False

Your Answer True


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Multiple Choice Multiple Answer Question The competitive priorities in operations strategy are :-

Correct Answer Cost , Quality , Time

Your Answer Cost , Quality , Time

Multiple Choice Single Answer Question In both marking stock and order, which cost is incurred?

Correct Answer Stock acquisition

Your Answer Stock acquisition






For the operation decisions. Give normative models for more operator decisions.





For the most part give normative models for more strategic decisions.

True/False Question Retailers are not interested in low stock run.

Correct Answer True

Your Answer False

Select The Blank Question ________ is only the management philosophy which helps

organisation to move from one step to another. Correct Answer Benchmarking

Your Answer Push Base system


Correct Answer Production & warehouse premises , Production equipment , Information & IT system


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Your Answer Production & warehouse premises , Production equipment , Supplies

Multiple Choice Multiple Answer Question 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 Answer Question 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 action

Your Answer Measure the level of conformance to expectable , To provide for corrective action , To provide for future action

Multiple Choice Multiple Answer Question 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 speed

Your Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed

True/False Question 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/False Question There are no international EDI standards. The user organization

require to develop it for their operation only. Correct Answer False

Your Answer False



Correct Answer End User


Question The fire in 1997 forced Toyoto to embark upon review of ________ that were sourced from single supplier.


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Correct Answer

Components

Your Answer Raw Materials

Multiple Choice Single Answer Question 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 Answer Question The minimum number of products unit in stock at the end of each

week corresponds to what type of stock in the case of unforeseen demand?

Correct Answer

Safety

Your Answer Safety

True/False Question The marketing effort is somewhat restricted by the necessity to

sell leftover products following year. Correct Answer

True

Your Answer True



Major overhaul


Multiple Choice Multiple Answer Question The various basic logistics productivity ratios can be used to

control elements such as :- Correct Answer


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


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Correct Answer


Your Answer What products to produce , Which plants to produce them , What products to sell

Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for

the organization? Correct Answer

Common

Your Answer Common

Select The Blank Question 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 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 time to market , Low product proliferation

Your Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation


performance? Correct Answer



Select The Blank Question The hiring cost of one employee is ________ in minimal cost

strategy. Correct Answer

£ 500

Your Answer £ 475

Multiple Choice Single Answer Question Inadequate & excess inventory both are revenue losses for a


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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 chain

measurement. Correct Answer

True

Your Answer True

True/False Question 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


Correct Answer

Rail , Ocean , Air


Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is

the key for the effective :- Correct Answer

Management


Multiple Choice Single Answer Question 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 Answer Question The result of all the factors is that there is not a single integrated

plan for the :- Correct Answer

Organisation



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Multiple Choice Single Answer Question 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 the

percentage? Correct Answer

15% - 30%

Your Answer 20% - 30%

True/False Question The measures suggested by Balloy have limited application,

mainly at the strategic rather that operational level. Correct Answer

False

Your Answer True


Select The Blank 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




Your Answer Manufacturing Cycle Time

Select The Blank Question The geographic placement of production facility, stocking

points & sourcing is the ________ step in creating supply chain.

Correct Answer

First

Your Answer First

True/False


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Question 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 Blank Question 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 Answer Question The SCM key metrics should be closely aligned to the

company's strategic objectives. In this measurements usually covers :-

Correct Answer


Your Answer Internal Business , Training , Customer






Correct Answer

True

Your Answer True

Select The Blank Question Outsourcing is not without risks, in fact the benefits are

________ more transparent with risks Often being hidden initially.

Correct Answer

Often

Your Answer Mostly

Select The Blank Question The multi plant co-ordination is to coordinate the ________

plans of several plants.


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Correct Answer

Production


Select The Blank Question The real benefits of Kanban will not be ________ until the

auto-industry moves into a mixed production. Correct Answer

Realized

Your Answer Utilized



False

Your Answer True



True

Your Answer True

Multiple Choice Multiple Answer Question EDI agreement Legal Aspects covers :-

Correct Answer



True/False Question There may be a temptation to dismiss the Kaizen concept

particularly suited to Japanese mentality. Correct Answer

True

Your Answer True


Product Champion Andraski Poul Jonh

Pull & Push concept discussion

Hoeskstra & Romme Andraski

Simulation Model Sterman Glazer


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Player concept Forrester(1960) Forrester(1960)

Multiple Choice Single Answer Question How many levels the supply chain management is divided

into ? Correct Answer

Three

Your Answer Four

True/False Question If the supply chain do not track uncertainties than it leads to

non optimal stocking levels. Correct Answer

True

Your Answer True

Select The Blank Question The enrichment mechanism is an ________ point of sales

link. Correct Answer

Electronic

Your Answer Critical

Multiple Choice Single Answer Question The levels at which long term decisions are made is :-

Correct Answer

Strategic



Other Unit production cost

The cost of production of one unit of the product that is not accounted in employee cost.

The cost of holding one unit in stock at the end of each Month.

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.


Unit subcontracting cost The cost of each unit bought from external source.

The cost of holding one unit procured from external source at the end of each period.


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Multiple Choice Single Answer Question What is Supply Chain?

Correct Answer

Network of Facility & Distribution

Your Answer Network of Facility & Distribution

Multiple Choice Single Answer Question 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 and

Ellram" with :- Correct Answer

Relay Team

Your Answer Long Distance Runner

Multiple Choice Multiple Answer Question Industrial Re-engineering concepts encourage :-

Correct Answer

Modular Organization of work , Multi-skilling , On the job training procedures

Your Answer Modular Organization of work , Multi-skilling , Minimum level of quality to satisfy customers

Multiple Choice Single Answer Question 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 Answer Question The minimum number of products unit in stock at the end of

each week corresponds to what type of stock in the case of unforeseen demand?

Correct Answer

Safety

Your Answer Safety

True/False Question The marketing effort is somewhat restricted by the necessity

to sell leftover products following year. Correct Answer

True


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Your Answer True



Major overhaul





Your Answer Warehousing , Transportation , Customer Service



Stock

Your Answer Availability


Correct Answer


Your Answer What products to produce , Which plants to produce them , What products to sell



Common

Your Answer Common

Select The Blank Question 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



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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 time to market , Low product proliferation

Your Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation


performance? Correct Answer



Select The Blank Question The hiring cost of one employee is ________ in minimal cost

strategy. Correct Answer

£ 500

Your Answer £ 475

Multiple Choice Single Answer Question 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 chain

measurement. Correct Answer

True

Your Answer True

True/False Question 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


Correct Rail , Ocean , Air


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Answer Your Answer Rail , Ocean , Air



Management


Multiple Choice Single Answer Question It is the requirement of Enriched supply chain players to cope

up with :- Correct Answer


Your Answer Inventory control



Organisation


Multiple Choice Single Answer Question 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

the percentage? Correct Answer

15% - 30%

Your Answer 20% - 30%

True/False Question The measures suggested by Balloy have limited application,

mainly at the strategic rather that operational level. Correct Answer

False

Your Answer True


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Correct Answer

Manufacturing , Order taking , Purchasing

Your Answer Manufacturing , Order taking , Purchasing

True/False Question A two bin system is not appropriate with many stock items.

Correct Answer

True

Your Answer False


Correct Answer

Strategic

Your Answer Strategic



Correct Answer

Outlined

Your Answer Specified

Multiple Choice Single Answer Question How the proactive levers attack the causes of variability?

Correct Answer

Directly

Your Answer Directly

True/False Question Customer satisfaction through quality must be balanced

against environmental impact & strain on the workforce. Correct Answer

True

Your Answer True

True/False


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Question With respect to Procter & Gamble, only way to success is law of industrial dynamics.

Correct Answer

False

Your Answer True

Select The Blank Question For the good result, supply chain require to be very

________. Correct Answer

Transparent

Your Answer Transparent

Multiple Choice Multiple Answer Question MRP II package will include following features :-

Correct Answer

Cost information , Management reports , Easy what-if analysis

Your Answer Management reports , Easy what-if analysis , Procurement information

Select The Blank Question 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 Endorses



Organisation


Multiple Choice Single Answer Question The level to which supply chain management are often said

to belong to is:- Correct Answer

Tactical

Your Answer Financial

True/False Question For total productivity, the Japanese concentrate on the

indicators of various elements rather than measuring the output input ratio.

Correct Answer

True


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Your Answer True


MSE Mean Square Error Mean Square Error

MSD Mean Absolute deviation Mean Absolute deviation

CFE Cumulative forecast error Cumulative forecast error

MAPE Mean Absolute Error Mean Average Percent error.

Multiple Choice Multiple Answer Question Kanban is :-

Correct Answer

A signal or message of communication , Used to control the flow of item through the production process , A push process

Your Answer A signal or message of communication , Used to control the flow of item through the production process , A push process


supply chain manager for inventory is to :- Correct Answer

Decrease it

Your Answer Decrease it

Select The Blank Question Market sales data is the ________ for the whole supply

chain. Correct Answer

Information catalyst

Your Answer Information catalyst






Simulation Is the tool for understanding issues of organizational decision

Is the facility or process of interest.


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making.System Is the facility or process

of interest.Is used to evaluate the impact of information sharing and Co-Ordination.

True/False Question The key point about tactical information is that it does not

change frequently. Correct Answer

False

Your Answer True


Correct Answer

Network of Facility & Distribution


Select The Blank Question 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

True/False Question 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 Answer Question In performance scenario, in a simplistic manner provides the

continuous total productivity management cycle of :- Correct Answer


Your Answer Measurement , Evaluation , Effectiveness

Multiple Choice Multiple Answer Question The SCM key metrics should be closely aligned to the

company's strategic objectives. In this measurements usually covers :-

Correct Internal Business , Training , Customer


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Answer Your Answer Internal Business , Customer , EDBMS

Multiple Choice Single Answer Question Historically economic techniques/methods tend to have large

forecasting errors, for which term? Correct Answer

Medium

Your Answer Long

True/False Question In an ideal world we would like a forecasting method for

which all errors are near zero. Correct Answer

False

Your Answer False

Multiple Choice Multiple Answer Question In SCM metrics, customer measurements are :-

Correct Answer

Order Fill Rate , Backorder Levels , On Time Delivery

Your Answer Order Fill Rate , Backorder Levels , On Time Delivery

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

Multiple Choice Single Answer Question 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 ABC analysis, JIT, Traditional System

Select The Blank Question If the suppliers meet selection criteria then you can

________ the total number of suppliers. Correct Answer

Reduce

Your Answer Reduce



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Question Which of the following is the cost in the supply contract?

Correct Answer

Researching & negotiating

Your Answer Researching & fulfilling

Select The Blank Question The reduced stock holding eliminates ________ of goods.

Correct Answer

Double Handling

Your Answer Rejection

Multiple Choice Multiple Answer Question 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 Style

Your Answer Life expectancy of Middle age , His Living Style , Accidental Deaths



Common

Your Answer Common

True/False Question 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



Management


Select The Blank Question Total annual cost is the function that we want to ________

by choosing an appropriate value of quantity. Correct Answer

Minimise


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Your Answer Minimise

Select The Blank Question Category C items are relatively unimportant inventory items

& are responsible for ________% of inventory cost. Correct Answer

5

Your Answer 10

Select The Blank Question The strength of postponement lies in its wide ________ as

speed becomes more important capability. Correct Answer

Applicability

Your Answer Probabilities

Multiple Choice Multiple Answer Question The media for EDI communication are :-

Correct Answer

LAN , Magnetic Tape/ Internet , Direct Data communication Link

Your Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link

Multiple Choice Single Answer Question What affects the forecasting of performance levels?

Correct Answer

Changing environment

Your Answer Uncertain demands




Your Answer Inventory Replenishment Cycle Time

Multiple Choice Multiple Answer Question 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/False Question The strategic & Operational decisions are to effectively &


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efficiantly manage, the product flow in the strategically planned supply chain.

Correct Answer

True

Your Answer True

Multiple Choice Single Answer Question What can be seen as a measurement of resource utilization

including time element? Correct Answer

Productivity

Your Answer Productivity

Multiple Choice Multiple Answer Question Most computer peripheral manufacturers have built one plant

for major market places like:- Correct Answer

America , Asia , Europe

Your Answer America , Asia , Europe

Multiple Choice Single Answer Question If we are at end of the period, then the order is placed as per

which rule? Correct Answer

Lot for lot

Your Answer Fixed order requirement


Multiple Choice Multiple Answer Question 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

Legs , Seats , Backs

Your Answer Legs , Seats , Backs

Select The Blank Question 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



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True/False Question Warehousing & Transportation are not at all related activity in

SCM. Correct Answer

False

Your Answer False




Your Answer Warehousing , Transportation


Correct Answer

Downstream


Multiple Choice Multiple Answer Question 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 over time Planning , No Subcontracting

Select The Blank Question Outsourcing is not without risks, in fact the benefits are

________ more transparent with risks Often being hidden initially.

Correct Answer

Often

Your Answer Often

Multiple Choice Multiple Answer Question In the Japanese concept of total productivity, for output they

embrace :- Correct Answer

Quantity , Quality , Delivery

Your Answer Quantity , Quality , Delivery

True/False Question MRP package can be used to examine, meeting the

predetermined production schedule for chairs. Correct Answer

True


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Your Answer True

Multiple Choice Multiple Answer Question The Appraisal points for market information enriched strategy


JIT Capacity Level , Number of Stock turns , Order Amplification

Your Answer JIT Capacity Level , Order Amplification , Consumer Habit fluctuation

Select The Blank Question The recent development within information technology and

software Engineering gives ________ opportunity for Integration and Co-ordination.

Correct Answer

Unprecedented

Your Answer Unprecedented



Stock

Your Answer Inventory

Multiple Choice Single Answer Question The location decision in supply chain entities are concerned

with:- Correct Answer

Plants

Your Answer Plants

Multiple Choice Single Answer Question If the cash flow of organization is affected then it means that

forecasts are :- Correct Answer

Inaccurate

Your Answer Inaccurate

Multiple Choice Single Answer Question In EDI standards a need for common format is :-

Correct Answer

Independent Hardware & Software

Your Answer Independent Hardware & Software

True/False


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Question Safety stock must accommodate unexpected increase in demand and the risk of stock out situation.

Correct Answer

False

Your Answer True

Select The Blank Question Most real world systems are too complex to allow realistic

models to be ________ analytically. Correct Answer

Evaluated

Your Answer Compared


Order Processing Material Follow-up Material Follow-up



Material Follow-up and Collection

Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing along

the supply chain operate :- Correct Answer

Independently

Your Answer Interdependently

Select The Blank Question By being able to postpone the production to the point where

________ is better known, the company can greatly improve its forecasting abilities.

Correct Answer

Demand

Your Answer Demand

Select The Blank Question ________ demand is converted into order information and

passed down through the supply chain to trigger product release to the customer.

Correct Answer

End Consumer

Your Answer End Consumer

Multiple Choice Single Answer Question The decision on mode of transport are influenced by

geographical placements of :-


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Correct Answer

Plants & Warehouse

Your Answer Plants & Warehouse




For the most part give normative models for more strategic decisions.


For the operation decisions.



Give normative models for more operator decisions.




Select The Blank Question The four key figures of logistics strategic environment are

competition, market served, technology and ________ satisfaction

Correct Answer

Stake holder's

Your Answer Stake holder's

Multiple Choice Single Answer Question 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

Access

Your Answer Access

Multiple Choice Multiple Answer Question The operational perspective in management of inventory

level are :- Correct Answer

Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity

Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production levels

Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had

positive effect on :- Correct Answer

Logistic Cost , Customer satisfaction


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Your Answer Logistic Cost , Customer satisfaction

Multiple Choice Single Answer Question The minimum number of products unit in stock at the end of

each week corresponds to what type of stock in the case of unforeseen demand?

Correct Answer

Safety

Your Answer Safety

Multiple Choice Single Answer Question What type of short term forecasting is the example of time

series method? Correct Answer

Demand

Your Answer Demand

Multiple Choice Single Answer Question In any event, we prefer the forecasting method that gives

which type of Average squared error? Correct Answer

Lowest

Your Answer Lowest

True/False Question The effect of buying discount / price breaks does need to be

calculated additionally. Correct Answer

False

Your Answer True

Multiple Choice Multiple Answer Question The key in effective management of the firms transport

strategy is :- Correct Answer

Shipment Size , Routing , Scheduling of Equipment

Your Answer Shipment Size , Routing , Transport Vehicle Size.



False

Your Answer False

True/False


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Question Inventory Turns means turns over per year for inventory procurement.

Correct Answer

True

Your Answer True


Correct Answer


Your Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants

Select The Blank Question The retailers undertake Pareto Analysis routinely to

________ turnover of item. Correct Answer

Compare

Your Answer Compare

Multiple Choice Single Answer Question Within the newly arranged factory floor, workers were

encouraged to be the :- Correct Answer

Members of team

Your Answer Members of process group

Select The Blank Question Indirect cost increases can be caused by changes in the

________ and distribution process. Correct Answer

Production



week 5, 60 in week 6 then the requirement of backs are :- Correct Answer



True/False Question The globalization of supply chain does not change the

requirement within supply chain management. Correct Answer

False

Your Answer False


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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 The recent survey in various companies about the use of 3

PL logistics showed signs of satisfaction among shippers. Correct Answer

False

Your Answer True

True/False Question General Co-ordination is the integration of different function,

i.e. production planning, purchasing, sales and distribution. Correct Answer

True

Your Answer True


Correct Answer


Your Answer Cycle counting , Control group cycle counting , Random cycle counting

True/False Question The key point about structural information is that it changes

relatively infrequently. Correct Answer

True

Your Answer True

Multiple Choice Single Answer Question By delaying expensive operations & the point of product

differentiation, enables company to maintain what portion of its inventories in cheaper form?

Correct Answer

Bulk

Your Answer Bulk

Multiple Choice Single Answer Question SCM is the management philosophy to deal with integrated

material & information flow, right from raw material to


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consumption of finished goods but the focus is given to :- Correct Answer

End User



True/False Question There may be a temptation to dismiss the Kaizen concept

particularly suited to Japanese mentality. Correct Answer

True

Your Answer False

Multiple Choice Multiple Answer Question The advantages of Kanban system are :-

Correct Answer

A simple system , Provides quick & precise information , Low cost associated with the transfer of information

Your Answer A simple system , Provides quick & precise information

Multiple Choice Single Answer Question Name the person who identifies the dynamics of response to

the changes in demand and supply? Correct Answer

Forrester

Your Answer Simchi

Select The Blank Question We have criteria for ________ forecasts, however

generalized they are. Correct Answer

Distinguishing

Your Answer Distinguishing

Multiple Choice Multiple Answer Question The Technique used for pipeline performance improvement


Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing

Your Answer Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing

Multiple Choice Single Answer Question To implement Just In Time Strategy is to have planning of

production and Inventory:- Correct Answer

Perfect


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Your Answer Best

Select The Blank Question According to Ducker, Customer focus oriented logistics must

be treated as ________. Correct Answer

Cost saving centre

Your Answer Cost saving centre

True/False Question 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

True

Your Answer True

Multiple Choice Multiple Answer Question 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

Select The Blank Question The Japanese have mastered supply chain management &

the extent to which their ________ are involved in the product development process.

Correct Answer

Suppliers

Your Answer Planners

Select The Blank Question 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 Clustered


Correct Answer

True

Your Answer True


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True

Your Answer True


Correct Answer


Your Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory


Correct Answer

False

Your Answer False


Stock out ratio Is comparison of % of demand actually satisfied with the defined service

Is % requirement of stock needed to meet demands

Lead time Is the time between a replenishment need arising & new deliveries being ready for use

Is the time between a replenishment need arising & new deliveries being ready for use

Inventory service level Is % probability of stock availability to meet demands

Is the time between material dispatched & received at plot

ABC Analysis Can be used to classify stock groups

Can be used to classify stock groups

Select The Blank Question The safety stock penalty of fixed re-order cycle methods

________, as stock usage value & demand variability rise. Correct Answer

Worsens

Your Answer Change

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 , Inventory Replenishment Cycle Time


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Your Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time

True/False Question 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 False





Multiple Choice Single Answer Question By arranging raw material deliveries at the start of day for

one day's requirement, JIT has : Correct Answer



Multiple Choice Multiple Answer Question The modeling approaches are :-

Correct Answer

Network Design , Rough Cut Method , Simulation Based

Your Answer Network Design , Rough Cut Method , Simulation Based

Multiple Choice Multiple Answer Question 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 business

Your Answer Firm , Workers nature

Multiple Choice Single Answer Question The third party logistics companies' capabilities are the result

of extensive investment in :- Correct Answer

Technology

Your Answer Infrastructure



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Question Key indicators on which Japanese concentrate their efforts on continuous improvement Kaizen are :-

Correct Answer

Quality , Price , Delivery

Your Answer Quality , Delivery

Multiple Choice Multiple Answer Question The globalization has forced local companies to improve

following:- Correct Answer

Manufacturing Practices , Supply Chain Management , Inventory Levels and Distribution Capabilities

Your Answer Manufacturing Practices , Supply Chain Management

Multiple Choice Single Answer Question It is the requirement of Enriched supply chain players to cope

up with :- Correct Answer


Your Answer Market Risks


Correct Answer

Production & warehouse premises , Production equipment , Information & IT system

Your Answer Production & warehouse premises , Production equipment , Information & IT system

Multiple Choice Single Answer Question 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 buyers

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

Your Answer True

Multiple Choice Single Answer Question Within the production field, which process is the most

significant of the following? Correct Answer

Kanban

Your Answer JIT


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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 Answer Question If the material requirement plan is accurate, then it results in

better management of :- Correct Answer

Cash flow



Other Unit production cost



Hiring cost The cost of hiring an employee.

The cost of hiring an employee.

Unit inventory holding cost



Unit subcontracting cost The cost of each unit bought from external source.

The cost of each unit bought from external source.

Multiple Choice Single Answer Question The survey of manufacturing and service industries in parts

of Europe and its analysis of survey shows that the pattern of respondent's use of measure in overall use and in logistics are :-

Correct Answer

Similar

Your Answer Similar

Multiple Choice Single Answer Question The potential is yet to be tapped for more relevant and

sophisticated yardsticks in logistics for total :- Correct Answer

Productivity

Your Answer Performance

True/False Question It would be impossible to find the minimum cost solution


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manually. Correct Answer

True

Your Answer False

True/False Question Lead Time, Order control and Stock levels reduction are the

variables in SCM model. Correct Answer

True

Your Answer True

Multiple Choice Single Answer Question The concept of unfilled customer order as a measurement is

known as :- Correct Answer

A backorder

Your Answer A backorder

Select The Blank Question Japanese logistics performance and its ________ are

paramount priorities in their business environment. Correct Answer

Effectiveness

Your Answer Effectiveness

True/False Question Supply chain is the expense centre in the organization.

Correct Answer

False

Your Answer True

Multiple Choice Multiple Answer Question The pitfalls in inventory management can be avoided by

using :- Correct Answer


Your Answer Agent Based management , Information System , Globalization

Multiple Choice Single Answer Question The decision to hire 3PL services appears to originate from :-

Correct Answer

Top Management

Your Answer Top Management


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Multiple Choice Multiple Answer Question The Technical Aspects of EDI agreement are :-

Correct Answer

coding system , The EDI that is to be employed , The Network that is to be used

Your Answer coding system , The Network that is to be used , Digital Database

Select The Blank Question Value added data service for EDI communication is known

as ________. Correct Answer

VAN

Your Answer VAN

Select The Blank Question The cheapest solution is to simply ________ backorders to

built up over the planning period. Correct Answer

Allow

Your Answer Allow

Select The Blank Question ________ is activity which is outsourced by most of Indian

companies. Correct Answer

Warehousing

Your Answer Warehousing


True/False Question The total cost in minimal cost strategy is £ 63400.

Correct Answer True

Your Answer True


Poka-yoke Means foolproof machines & method, so as to prevent production mistake

Means foolproof machines & method, so as to prevent production mistake

Andon Means trouble lights which immediately

Means trouble lights which immediately signals to


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signals to production line that there is a problem to be solved

production line that there is a problem to be solved

Jikoda Enabling machines to be autonomous & able to automatically detect defects

Enabling machines to be autonomous & able to automatically detect defects

Shojinka Means a workforce flexible enough to cope with changes in production & using different machines

Means a workforce flexible enough to cope with changes in production & using different machines

Multiple Choice Single Answer Question As per the cost information, the lot for lot rule can be

derived for which particular item? Correct Answer Least costly

Your Answer Economic one


Order Processing Material Follow-up Material Processing and Supply

Order Picking Material Collection Material Follow-up and Collection


Material procurement



Correct Answer Outlined

Your Answer Detailed

True/False Question Inventory Turns means turns over per year for inventory

procurement. Correct Answer True

Your Answer True

True/False Question A two bin system is not appropriate with many stock

items. Correct Answer True


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Your Answer True

Multiple Choice Multiple Answer Question Key indicators on which Japanese concentrate their

efforts on continuous improvement Kaizen are :- Correct Answer Quality , Price , Delivery

Your Answer Quality , Price , Delivery

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 ODETTE is not applicable for automobile industry.


Your Answer False

Multiple Choice Single Answer Question The location decision in supply chain entities are

concerned with:- Correct Answer Plants

Your Answer Transportation

Multiple Choice Single Answer Question An example of multiple equation method given in an

economic model is the treasury model of which economy?

Correct Answer UK

Your Answer UK

True/False Question 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 True

True/False Question By going beyond internal supply chain & including

external suppliers and customers does not expose


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opportunities for improving internal operations. Correct Answer False

Your Answer False

Select The Blank Question 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 Answer Question In 1996, the purchase of logistics services by 3PL on

behalf of their client in billion dollars was :- Correct Answer 25

Your Answer 25

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

continuing effort to run the system Your Answer Management & effort , Initial implementation , The

continuing effort to run the system

Multiple Choice Multiple Answer Question 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


Select The Blank Question 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 Meet

Your Answer Arrange

True/False Question In practice, the data items for MPS will have normally

same value in each week. Correct Answer False


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Your Answer True

Select The Blank Question The overtime cost per hour is ________ in minimal cost

strategy. Correct Answer £ 25

Your Answer £ 25


Correct Answer Strategic

Your Answer Strategic

True/False Question MRP package can be used to examine, meeting the

predetermined production schedule for chairs. Correct Answer True

Your Answer True


Correct Answer Network of Facility & Distribution


Multiple Choice Multiple Answer Question Following are the parameters of Transportation

Metrics :- Correct Answer Transit time , Outbound Freight cost , Freight Cost per

unit shipped Your Answer Transit time , Outbound Freight cost , Freight Cost per

unit shipped

Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing

along the supply chain operate :- Correct Answer Independently

Your Answer Independently



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Correct Answer Downstream



Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales


Multiple Choice Multiple Answer Question Risk a stock out can be faced because of :-

Correct Answer Delay in resupply , Higher than anticipated usage , Unpredictable demand

Your Answer Delay in resupply , Higher than anticipated usage , Unpredictable demand

Select The Blank Question The cheapest solution is to simply ________ backorders

to built up over the planning period. Correct Answer Allow

Your Answer Let

Multiple Choice Single Answer Question In the field of IT enabled Supply Chain, "TPS" means:-

Correct Answer Transaction Processing system

Your Answer Transaction Processing system

Multiple Choice Single Answer Question How does aggregate plan created by master production

schedule become extremely detailed plan? Correct Answer MRP translates it


Multiple Choice Multiple Answer Question In the Japanese concept of total productivity, for output

they embrace :- Correct Answer Quantity , Quality , Delivery

Your Answer Quantity , Quality , Delivery

Select The Blank


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Question By being able to postpone the production to the point where ________ is better known, the company can greatly improve its forecasting abilities.

Correct Answer Demand

Your Answer Needs

Select The Blank Question 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 systems are :-

Correct Answer Two bin , Re-order cycle , Annual demand

Your Answer Two bin , Re-order cycle , Monthly demand

Multiple Choice Single Answer Question How many levels the supply chain management is

divided into ? Correct Answer Three

Your Answer Three

Select The Blank Question ________ is only the management philosophy which

helps organisation to move from one step to another. Correct Answer Benchmarking

Your Answer Benchmarking

True/False Question General Co-ordination is the integration of different

function, i.e. production planning, purchasing, sales and distribution.

Correct Answer True

Your Answer False

Multiple Choice Single Answer Question Which is the tool Available with the industry to learn the

business outside to plan the policy for success? Correct Answer Benchmarking


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Your Answer TQM

Multiple Choice Single Answer Question In the Supply Chain approach the example for the

Individual set of Business activities is the :- Correct Answer Logistics Activities

Your Answer Logistics Activities


chain is the key for the effective :- Correct Answer Management

Your Answer Operation


supply chain manager for inventory is to :- Correct Answer Decrease it

Your Answer Make Zero


inventory for the organization? Correct Answer Common

Your Answer Common

Select The Blank Question ODETTE an EDI Format is developed & used by

________motor Industry. Correct Answer European

Your Answer European

True/False Question The measures suggested by Balloy have limited

application, mainly at the strategic rather that operational level.


Your Answer False



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Question 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


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Date post:	08-Nov-2014
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