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True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation...

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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 Match The Following Question Correct Answer Your Answer Order Processing Material Follow-up Material procurement Order Picking Material Collection Material Collection Order Consolidation Material Follow-up and Collection Material Follow-up True/False Question Orders must be phased out in time so as to ensure that there is no stock out.
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Page 1: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer False

Your Answer False

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

more important capability.Correct Answer Applicability

Your Answer Applicability

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Details

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

creation and ________.Correct Answer Requested delivery date

Your Answer Goods received

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

develop it for their operation only.Correct Answer False

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Order Processing Material Follow-up Material procurement

Order Picking Material Collection Material Collection

Order Consolidation Material Follow-up andCollection

Material Follow-up

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.

Page 2: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-

Correct Answer Agent Based management , Information System , Globalization

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

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

Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Is the tool for understandingissues of organizationaldecision making.

Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Simulation Is the tool for understandingissues of organizationaldecision making.

Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

System Is the facility or process ofinterest.

Is the tool used test the impactof strategic level decision haveon supply chain performance.

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

Correct Answer Audit Trail

Your Answer Audit Trail

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-

Correct Answer Order taking , Purchasing , Manufacturing

Your Answer Order taking , Purchasing , Manufacturing , Distribution

Page 3: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The corporations production Kanban is the card which regulates the

suppliers production kanban.Correct Answer False

Your Answer True

Select The BlankQuestion The exponenti________y smoothed moving average takes into account All

of the previous observations.Correct Answer All

Your Answer Majority

Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed

in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment

Your Answer Adjustment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-

Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero

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

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &

information flow, right from raw material to consumption of finished goods butthe focus is given to :-

Correct Answer End User

Your Answer End User

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

reduce their :-Correct Answer Assets

Your Answer Non Core Activities

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

planning period.Correct Answer Allow

Your Answer Disallow

Page 4: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

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

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

Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-

Correct Answer Use their experience , Use their expert judgment , Use their Knowledge

Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

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

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

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

ordered is :-Correct Answer 135

Your Answer 150

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

order taking employees?Correct Answer Purchasing

Your Answer Logistics

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since

the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most

significant impact?Correct Answer Production

Your Answer Design

Multiple Choice Single Answer

Page 5: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-

Correct Answer MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/FalseQuestion The constant m is called smoothing constant in single exponentially

smoothing.Correct Answer True

Your Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of

item.Correct Answer Compare

Your Answer Predict

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

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

Correct Answer Logistics

Your Answer Distribution

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

Correct Answer True

Your Answer True

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

requirement, JIT has :Correct Answer Reduced / eliminated inventory

Your Answer Reduced / eliminated inventory

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

extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

True/False

Page 6: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic

objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer , EDBMS

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system

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

market served, technology and ________ satisfactionCorrect Answer Stake holder's

Your Answer Customer's

True/FalseQuestion Total productivity appears the only relevant productivity measure for decision

making purpose.Correct Answer True

Your Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the

factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products

Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was

widespread by which year?Correct Answer 1985

Your Answer 1980

Multiple Choice Single Answer

Page 7: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?

Correct Answer Delphi

Your Answer Delphi

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter

has to drive to and obtain a minor part?Correct Answer Queue at supplier end

Your Answer Delay in getting components

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control

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

Your Answer Warehousing , Transportation , Customer Service , Procurement

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

Correct Answer What-if

Your Answer What-if

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its

existing business?Correct Answer Performance

Your Answer Profitability

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total

productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day

Page 8: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the

continuous total productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning

True/FalseQuestion The economic order quantity is the order quantity that minimizes

total cost.Correct Answer True

Your Answer True

Select The BlankQuestion The models that describe operational decisions are often very

________ in nature.Correct Answer Specific

Your Answer Specific

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?

Correct Answer Rail , Ocean , Air

Your Answer Rail , Ocean , Air

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-

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

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

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

Correct Answer Cycle counting , Control group cycle counting , Random cyclecounting

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

Multiple Choice Multiple Answer

Page 9: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer Less Dependability , Reduce Production Facility , Higher LevelsOf Inventory

Your Answer Less Dependability , Reduce Production Facility , Higher LevelsOf Inventory

Multiple Choice Single AnswerQuestion Delaying the component production until shortly before demand

is known, may imply producing in :-Correct Answer Small batches

Your Answer Small batches

Match The FollowingQuestion Correct Answer Your Answer

Planned order release When we need to releasethe planned orders havingregard to lead timerequired

What we will receive eachperiod as a result ofplanned orders

Projected on hand What the inventory levelwill be if we produceaccording to plan above &demand forecast is correct

What we will each periodas a receive of purchasedorders

Projected net requirement What we will need in eachperiod to avoid stock outi.e. the orders that shouldbe placed in order to avoidsuch stock outs

When we need to releasethe planned orders havingregard to lead timerequired

Planned order receipt What we will receive eachperiod as a result ofplanned orders

What we will need in eachperiod to avoid stock outi.e. the orders that shouldbe placed in order to avoidsuch stock outs

Multiple Choice Single AnswerQuestion What was introduced by Toyoto to have a method of controlling

production in new environment?Correct Answer Kanban

Your Answer Kanban

Select The BlankQuestion All of the product, process & infrastructure changes ________

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

Correct Answer Outlined

Page 10: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Given

Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory

for the organization?Correct Answer Common

Your Answer Common

Select The BlankQuestion ________ demand is converted into order information and

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

Correct Answer End Consumer

Your Answer Market

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

Correct Answer True

Your Answer True

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

information system?Correct Answer Major overhaul

Your Answer Major overhaul

Select The BlankQuestion Suppliers are ________ to JIT business.

Correct Answer Crucial

Your Answer Important

Select The BlankQuestion The value of m reflects the weight given to the current

observation in ________ the exponentially smoothed movingaverage for the specified period.

Correct Answer Calculating

Your Answer Finalizing

Page 11: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied

by the cost of:-Correct Answer Placing an order

Your Answer Placing an order

True/FalseQuestion Another aspect of Toyoto production system was reduction of

setup time.Correct Answer True

Your Answer True

True/FalseQuestion If you use only Transport Kanban in Kanban process then it is

known as simple Kanban process.Correct Answer True

Your Answer True

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

Correct Answer False

Your Answer True

True/FalseQuestion Regardless of how inventory movement is accounted for, it must

be done correctly if accurate inventory records are to beachieved.

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion Which of the following is the cost in the supply contract?

Correct Answer Researching & negotiating

Your Answer Researching & negotiating

True/FalseQuestion Logistics covers 90% cost of manufacturing.

Correct Answer False

Page 12: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer True

Select The BlankQuestion As compared to minimal cost strategy the level strategy is

________.Correct Answer Cheaper

Your Answer Simple

Match The FollowingQuestion Correct Answer Your Answer

Towill 1996 1996

Forrester 1960 1947

Amstel 1990 1960

Whiteoak 1994 1990

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

the key for the effective :-Correct Answer Management

Your Answer Management

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

plan for the :-Correct Answer Organisation

Your Answer Organisation

Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-

Correct Answer Modular Organization of work , Multi-skilling , On the job trainingprocedures

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

True/FalseQuestion In industries where it is particularly difficult to match supply can

benefit the most from implementing a postpone system.

Page 13: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion In MRP II, the concentration is on planning of the manufacturing

resources like :-Correct Answer People , Machines , Storage

Your Answer People , Machines , Storage

Select The BlankQuestion BOM can have ________ levels.

Correct Answer Many

Your Answer Two

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

forecasting errors, for which term?Correct Answer Medium

Your Answer Short

Multiple Choice Multiple AnswerQuestion Following are the functions of EDI software :-

Correct Answer Interfacing with VADS , Trading Partner Database , Encryption ofEDI Message

Your Answer Interfacing with VADS , Trading Partner Database , Encryption ofEDI Message

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

known as :-Correct Answer A backorder

Your Answer Reverse order

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of

longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination

Your Answer Speed it up , Restructure it , Change co-ordination

Page 14: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

positive effect on :-Correct Answer Logistic Cost , Customer satisfaction

Your Answer Logistic Cost , Customer satisfaction , Employee Morale

Select The BlankQuestion The purpose of the analysis is to discern some relationship

between Y1 values observed so far in order to ________ us toforecast future values of Y1.

Correct Answer Enable

Your Answer Enable

Multiple Choice Multiple AnswerQuestion EDI agreement Legal Aspects covers :-

Correct Answer Internet cyber law , Time that message will be retained ,Procedure for settling any dispute

Your Answer Time that message will be retained , Procedure for settling anydispute , Legal Jurisdiction for settling dispute

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

capacity data is to see if we are________ production capacity.Correct Answer Exceeding

Your Answer Meeting

Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans

of several plants.Correct Answer Production

Your Answer Supply chain

Multiple Choice Single AnswerQuestion The Combination of integrated & Non-integrated measures may

allow PLAYER in supply chain to assess :-Correct Answer Chain as a whole

Your Answer Chain as a whole

Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to

production of specified quantity in Kanban?

Page 15: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Quantity was not met

Your Answer Quantity was not met

True/FalseQuestion Defects per million opportunities(DPMO) is concept of Four

Sigma.Correct Answer False

Your Answer True

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

Kanban Management system.Correct Answer True

Your Answer False

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

received order information from :-Correct Answer Consumer

Your Answer Wholesaler

Select The BlankQuestion Exponential smoothing can be viewed as forecast

continually________ by the forecast error just made.Correct Answer Updated

Your Answer Improved

Page 16: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONSAND ANSWERS

True/FalseQuestion The total cost in minimal cost

strategy is £ 63400.Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Poka-yoke Means foolproofmachines &method, so asto preventproductionmistake

Means foolproofmachines &method, so as topreventproductionmistake

Andon Means troublelights whichimmediatelysignals toproduction linethat there is aproblem to besolved

Means troublelights whichimmediatelysignals toproduction linethat there is aproblem to besolved

Jikoda Enablingmachines to beautonomous &able toautomaticallydetect defects

Enablingmachines to beautonomous &able toautomaticallydetect defects

Shojinka Means aworkforceflexible enoughto cope withchanges inproduction &using differentmachines

Means aworkforceflexible enoughto cope withchanges inproduction &using differentmachines

Multiple Choice Single AnswerQuestion As per the cost information, the

lot for lot rule can be derived forwhich particular item?

Correct Answer Least costly

Your Answer Economic one

Page 17: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Match The FollowingQuestion Correct Answer Your Answer

OrderProcessing

Material Follow-up

MaterialProcessing andSupply

Order Picking MaterialCollection

Material Follow-up andCollection

OrderConsolidation

Material Follow-up andCollection

Materialprocurement

Select The BlankQuestion All of the product, process &

infrastructure changes ________will have an impact on theknowledge & skills theemployees will need to posses.

Correct Answer Outlined

Your Answer Detailed

True/FalseQuestion Inventory Turns means turns

over per year for inventoryprocurement.

Correct Answer True

Your Answer True

True/FalseQuestion A two bin system is not

appropriate with many stockitems.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Key indicators on which

Japanese concentrate theirefforts on continuousimprovement Kaizen are :-

Correct Answer Quality , Price , Delivery

Page 18: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Quality , Price , Delivery

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-

Correct Answer Short Term , Medium Term ,Long Term

Your Answer Short Term , Medium Term ,Long Term

True/FalseQuestion ODETTE is not applicable for

automobile industry.Correct Answer False

Your Answer False

Multiple Choice Single AnswerQuestion The location decision in supply

chain entities are concernedwith:-

Correct Answer Plants

Your Answer Transportation

Multiple Choice Single AnswerQuestion An example of multiple equation

method given in an economicmodel is the treasury model ofwhich economy?

Correct Answer UK

Your Answer UK

True/FalseQuestion For a fixed time re-order cycle

system, the time at risk is re-order lead time plus the re-ordercycle time.

Correct Answer True

Your Answer True

True/FalseQuestion By going beyond internal supply

chain & including externalsuppliers and customers doesnot expose opportunities for

Page 19: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

improving internal operations.

Correct Answer False

Your Answer False

Select The BlankQuestion One of the ideas behind JIT is to

reduce fixed setup cost &variable holding cost to________ total cost

Correct Answer Drive down

Your Answer Reduce

Multiple Choice Single AnswerQuestion In 1996, the purchase of logistics

services by 3PL on behalf of theirclient in billion dollars was :-

Correct Answer 25

Your Answer 25

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a

task that can't be undertakenlightly, it will be expensive interms of :-

Correct Answer Management & effort , Initialimplementation , The continuingeffort to run the system

Your Answer Management & effort , Initialimplementation , The continuingeffort to run the system

Multiple Choice Multiple AnswerQuestion The changes to be made in

supply chain due to problem oflonger lead time is:-

Correct Answer Speed it up , Restructure it ,Change co-ordination

Your Answer Speed it up , Restructure it ,Change co-ordination

Select The BlankQuestion The third party providers who can

________ the need of transitionfrom their focus on productoriented services to newstrategies like long term business

Page 20: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

partnerships will most likely enjoylong term success.

Correct Answer Meet

Your Answer Arrange

True/FalseQuestion In practice, the data items for

MPS will have normally samevalue in each week.

Correct Answer False

Your Answer True

Select The BlankQuestion The overtime cost per hour is

________ in minimal coststrategy.

Correct Answer £ 25

Your Answer £ 25

Multiple Choice Single AnswerQuestion The levels at which long term

decisions are made is :-Correct Answer Strategic

Your Answer Strategic

True/FalseQuestion MRP package can be used to

examine, meeting thepredetermined productionschedule for chairs.

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Facility & Distribution

Multiple Choice Multiple Answer

Page 21: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Following are the parameters ofTransportation Metrics :-

Correct Answer Transit time , Outbound Freightcost , Freight Cost per unitshipped

Your Answer Transit time , Outbound Freightcost , Freight Cost per unitshipped

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning

and Manufacturing along thesupply chain operate :-

Correct Answer Independently

Your Answer Independently

Multiple Choice Single AnswerQuestion In the supply chain , Material

flows :-Correct Answer Downstream

Your Answer Downstream

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

Correct Answer Scheduled receipt , Projected netrequired , Planned order Release, Projected sales

Your Answer Scheduled receipt , Projected netrequired , Planned order Release, Projected sales

Multiple Choice Multiple AnswerQuestion Risk a stock out can be faced

because of :-Correct Answer Delay in resupply , Higher than

anticipated usage , Unpredictabledemand

Your Answer Delay in resupply , Higher thananticipated usage , Unpredictabledemand

Select The BlankQuestion The cheapest solution is to

simply ________ backorders tobuilt up over the planning period.

Correct Answer Allow

Page 22: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Let

Multiple Choice Single AnswerQuestion In the field of IT enabled Supply

Chain, "TPS" means:-Correct Answer Transaction Processing system

Your Answer Transaction Processing system

Multiple Choice Single AnswerQuestion How does aggregate plan

created by master productionschedule become extremelydetailed plan?

Correct Answer MRP translates it

Your Answer MRP translates it

Multiple Choice Multiple AnswerQuestion In the Japanese concept of total

productivity, for output theyembrace :-

Correct Answer Quantity , Quality , Delivery

Your Answer Quantity , Quality , Delivery

Select The BlankQuestion By being able to postpone the

production to the point where________ is better known, thecompany can greatly improve itsforecasting abilities.

Correct Answer Demand

Your Answer Needs

Select The BlankQuestion Category C items are relatively

unimportant inventory items &are responsible for ________%of inventory cost.

Correct Answer 5

Your Answer 5

Multiple Choice Multiple Answer

Page 23: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The inventory control systemsare :-

Correct Answer Two bin , Re-order cycle , Annualdemand

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

Multiple Choice Single AnswerQuestion How many levels the supply

chain management is divided into?

Correct Answer Three

Your Answer Three

Select The BlankQuestion ________ is only the

management philosophy whichhelps organisation to move fromone step to another.

Correct Answer Benchmarking

Your Answer Benchmarking

True/FalseQuestion General Co-ordination is the

integration of different function,i.e. production planning,purchasing, sales anddistribution.

Correct Answer True

Your Answer False

Multiple Choice Single AnswerQuestion Which is the tool Available with

the industry to learn the businessoutside to plan the policy forsuccess?

Correct Answer Benchmarking

Your Answer TQM

Multiple Choice Single AnswerQuestion In the Supply Chain approach the

example for the Individual set ofBusiness activities is the :-

Correct Answer Logistics Activities

Page 24: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Logistics Activities

Multiple Choice Single AnswerQuestion The co-ordination between

various players in the supplychain is the key for the effective:-

Correct Answer Management

Your Answer Operation

Multiple Choice Single AnswerQuestion While still maintaining high

service level, the objective ofsupply chain manager forinventory is to :-

Correct Answer Decrease it

Your Answer Make Zero

Multiple Choice Single AnswerQuestion Spares stationery, consumable

etc. are what type of inventory forthe organization?

Correct Answer Common

Your Answer Common

Select The BlankQuestion ODETTE an EDI Format is

developed & used by________motor Industry.

Correct Answer European

Your Answer European

True/FalseQuestion The measures suggested by

Balloy have limited application,mainly at the strategic rather thatoperational level.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer

Page 25: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The factors likely to generatefuture business are :-

Correct Answer Integrated Logistics Function ,Expertise In Information System

Your Answer Integrated Logistics Function ,Expertise In Information System ,Specialized Logistics Function

Page 26: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer False

Your Answer False

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

more important capability.Correct Answer Applicability

Your Answer Applicability

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Details

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

creation and ________.Correct Answer Requested delivery date

Your Answer Goods received

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

develop it for their operation only.Correct Answer False

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Order Processing Material Follow-up Material procurement

Order Picking Material Collection Material Collection

Order Consolidation Material Follow-up andCollection

Material Follow-up

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.

Page 27: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-

Correct Answer Agent Based management , Information System , Globalization

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

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

Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Is the tool for understandingissues of organizationaldecision making.

Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Simulation Is the tool for understandingissues of organizationaldecision making.

Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

System Is the facility or process ofinterest.

Is the tool used test the impactof strategic level decision haveon supply chain performance.

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

Correct Answer Audit Trail

Your Answer Audit Trail

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-

Correct Answer Order taking , Purchasing , Manufacturing

Your Answer Order taking , Purchasing , Manufacturing , Distribution

Page 28: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The corporations production Kanban is the card which regulates the

suppliers production kanban.Correct Answer False

Your Answer True

Select The BlankQuestion The exponenti________y smoothed moving average takes into account All

of the previous observations.Correct Answer All

Your Answer Majority

Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed

in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment

Your Answer Adjustment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-

Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero

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

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &

information flow, right from raw material to consumption of finished goods butthe focus is given to :-

Correct Answer End User

Your Answer End User

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

reduce their :-Correct Answer Assets

Your Answer Non Core Activities

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

planning period.Correct Answer Allow

Your Answer Disallow

Page 29: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

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

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

Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-

Correct Answer Use their experience , Use their expert judgment , Use their Knowledge

Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

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

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

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

ordered is :-Correct Answer 135

Your Answer 150

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

order taking employees?Correct Answer Purchasing

Your Answer Logistics

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since

the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most

significant impact?Correct Answer Production

Your Answer Design

Multiple Choice Single Answer

Page 30: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-

Correct Answer MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/FalseQuestion The constant m is called smoothing constant in single exponentially

smoothing.Correct Answer True

Your Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of

item.Correct Answer Compare

Your Answer Predict

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

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

Correct Answer Logistics

Your Answer Distribution

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

Correct Answer True

Your Answer True

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

requirement, JIT has :Correct Answer Reduced / eliminated inventory

Your Answer Reduced / eliminated inventory

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

extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

True/False

Page 31: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic

objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer , EDBMS

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system

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

market served, technology and ________ satisfactionCorrect Answer Stake holder's

Your Answer Customer's

True/FalseQuestion Total productivity appears the only relevant productivity measure for decision

making purpose.Correct Answer True

Your Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the

factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products

Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was

widespread by which year?Correct Answer 1985

Your Answer 1980

Multiple Choice Single Answer

Page 32: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?

Correct Answer Delphi

Your Answer Delphi

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter

has to drive to and obtain a minor part?Correct Answer Queue at supplier end

Your Answer Delay in getting components

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control

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

Your Answer Warehousing , Transportation , Customer Service , Procurement

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

Correct Answer What-if

Your Answer What-if

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its

existing business?Correct Answer Performance

Your Answer Profitability

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total

productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day

Multiple Choice Single Answer

Page 33: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question What is the meaning of EDIFACT ?

Correct Answer Electronic Data Interchanged for Administration , Commerce &Transport

Your Answer Electronic Data Interchanged for Administration , CorporateTechnology

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with

disruption.Correct Answer Contingency

Your Answer Improvement

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most

significant impact?Correct Answer Production

Your Answer Design

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersedeX 12 , Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersedeX 12 , Promoted as world ADI Standard

Multiple Choice Single AnswerQuestion What is required to facilitate logistics process of quickly moving

material on numerous work stations on the production line?Correct Answer Clean & well organized environment

Your Answer Good material movement system

Select The BlankQuestion Once we have all the information we should be able to ________ in

terms of when to place order with suppliers.Correct Answer Calculate

Your Answer Prepare

Multiple Choice Single AnswerQuestion The cost of oversupply is high in case of highly customized end

products as it is difficult to find for them:-Correct Answer The alternative uses

Your Answer The alternative suppliers

Multiple Choice Single Answer

Page 34: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The American National standards which are developed for replacingvarious sector standards is known as:-

Correct Answer ANSI X 12

Your Answer ANSI X 12

Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-

Correct Answer How many centers to have? , Location of centres , Size of centres

Your Answer Location of centres , Size of centres , To which GM plant centres willsend?

Match The FollowingQuestion Correct Answer Your Answer

The impact of postponementof coloration until thecustomer uses the product

Significant value wascreated in value chain &manufacturing cost & safetystock both decreased

Carry out more varietywithout increasing inventory

The impact of postponementin case of PC company

Inventory was cut to half Carry out more variety byslightly increasing inventory

The impact of postponementof customization of printer toDC areas

Decrease in inventory madeup for the increased cost increating some assemblyfunction at DC level

Decrease in inventory madeup for the increased cost increating some assemblyfunction at DC level

The impact of postponementin RPAG

Carry out more varietywithout increasing inventory

Significant value was createdin value chain & safety stockalso decreases partially

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

received order information from :-Correct Answer Consumer

Your Answer Distributor

Multiple Choice Single AnswerQuestion The term productivity is often ill-defined but basically, it's measurement

is that of a prescribed output to the resources :-Correct Answer Consumed

Your Answer Used

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

Correct Answer Downstream

Your Answer Downstream

Page 35: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five

years.Correct Answer False

Your Answer False

Multiple Choice Single AnswerQuestion In the current business scenario Indian organisations require to

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

Your Answer Business Analysis

True/FalseQuestion In an ideal world we would like a forecasting method for which all

errors are near zero.Correct Answer False

Your Answer True

Select The BlankQuestion Simple method for Time series forecasting is to take a ________

Average.Correct Answer Moving

Your Answer Non Weighted Moving

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

Correct Answer Manufacturing Practices , Supply Chain Management , InventoryLevels and Distribution Capabilities

Your Answer Distribution Network , Supply Chain Management , Inventory Levelsand Distribution Capabilities

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

as ________.Correct Answer Cost saving centre

Your Answer Policy Matter

Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5,

60 in week 6 then the requirement of seats are :-Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4

Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4

Select The Blank

Page 36: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The realistic ________ demonstrate the benefits of a holistic view ofsupply chain information flow.

Correct Answer Simulation Model

Your Answer Simulation Model

Select The BlankQuestion The mode choice aspect of transport decisions are more ________

ones, as they are closely linked with inventory decision.Correct Answer Strategic

Your Answer Locational

Select The BlankQuestion From the output by MRP package for chairs in the example, we are

advised to place an order for ________ legs in week 2.Correct Answer Overhead

Your Answer Overhead

True/FalseQuestion The constraints in multiple equation methods will probably be different

for different groups.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to

production of specified quantity in Kanban?Correct Answer Quantity was not met

Your Answer Quantity was made by replacing defective component

Select The BlankQuestion ________ is activity which is outsourced by most of Indian companies.

Correct Answer Warehousing

Your Answer Billing

Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?

Correct Answer Pressure For the Change , Shared Vision , Capacity for Change

Your Answer Shared Vision , Capacity for Change , Outbound Training

Select The BlankQuestion Kanban process ________ focuses on the human factors of

production.

Page 37: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Indirectly

Your Answer Indirectly

True/FalseQuestion It would be impossible to find the minimum cost solution manually.

Correct Answer True

Your Answer False

True/FalseQuestion All forecasting methods require complex calculations and therefore are

ideally suited to be done by a computer.Correct Answer False

Your Answer True

Multiple Choice Multiple AnswerQuestion In SCM metrics, Training means :-

Correct Answer Inhouse training , APICS Membership , Certification Training

Your Answer Inhouse training , APICS Membership , Certification Training

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

from external or internal suppliersCorrect Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5,

60 in week 6 then the requirement of backs are :-Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4

Your Answer 60 in week 4

Select The BlankQuestion If demand is known & steady, then ________ inventory can be

estimated.Correct Answer Average

Your Answer Final

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

and customers does not expose opportunities for improving internaloperations.

Page 38: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer False

Your Answer True

Multiple Choice Multiple AnswerQuestion The competitive priorities in operations strategy are :-

Correct Answer Cost , Quality , Time

Your Answer Cost , Quality , Time

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

Correct Answer Stock acquisition

Your Answer Stock acquisition

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches aremethods

Which facilitate concisereview & at the same timeattempt to accommodate theabove polarity.

Give guiding policies forstrategic decisions.

Rough cut methods giveguiding policies

For the operation decisions. Give normative models formore operator decisions.

Network design methods For the most part givenormative models for morestrategic decisions.

A comprehensive supplychain model can beanalyzed.

Simulation is the method bywhich

A comprehensive supplychain model can beanalyzed.

For the most part givenormative models for morestrategic decisions.

True/FalseQuestion Retailers are not interested in low stock run.

Correct Answer True

Your Answer False

Select The BlankQuestion ________ is only the management philosophy which helps

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

Your Answer Push Base system

Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-

Page 39: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Your Answer Production & warehouse premises , Production equipment , Supplies

Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace

inventory of :-Correct Answer Manufacturers , Suppliers , Customers

Your Answer Manufacturers , Suppliers , Distributors

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?

Correct Answer To provide for cause , To provide for corrective action , To provide forfuture action

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

Multiple Choice Multiple AnswerQuestion The problems faced by the HP DCs due to traditional system were :-

Correct Answer Large finished goods inventory , Additional stock to handle all theproduct proliferation , Increasing emphasize placed on speed

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

True/FalseQuestion For a fixed time re-order cycle system, the time at risk is re-order lead

time plus the re-order cycle time.Correct Answer True

Your Answer False

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

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

Your Answer False

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &

information flow, right from raw material to consumption of finishedgoods but the focus is given to :-

Correct Answer End User

Your Answer End User

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

Page 40: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Components

Your Answer Raw Materials

Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final

production is reported, is known as :-Correct Answer Manufacturing Cycle Time

Your Answer Manufacturing Cycle Time

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

week corresponds to what type of stock in the case of unforeseendemand?

Correct Answer Safety

Your Answer Safety

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

sell leftover products following year.Correct Answer True

Your Answer True

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

information system?Correct Answer Major overhaul

Your Answer Major overhaul

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

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

Your Answer Warehousing , Transportation , Customer Service

Select The BlankQuestion Paper or computer records require time to check ________

against recorder level.Correct Answer Stock

Your Answer Availability

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-

Page 41: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

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

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

the organization?Correct Answer Common

Your Answer Common

Select The BlankQuestion One of the factors behind Japanese success story as geographic

proximity and that suppliers are often ________ around the majorcustomers.

Correct Answer Clustered

Your Answer Scattered

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from

postponement, experiences a radically different picture in theirbusiness like :-

Correct Answer Demand with little or no uncertainty , Low value of short time tomarket , Low product proliferation

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

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

performance?Correct Answer Statistics is generated

Your Answer Statistics is generated

Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost

strategy.Correct Answer £ 500

Your Answer £ 475

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

business so as to avoid this, which of the following is required?Correct Answer TQM & JIT

Your Answer FMCG

True/False

Page 42: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Distribution & Warehousing comes under supply chainmeasurement.

Correct Answer True

Your Answer True

True/FalseQuestion The enriching the order decisions with market place information

enables the factory to be much more responsive, since lesssupply chain Filtering is taking place.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?

Correct Answer Rail , Ocean , Air

Your Answer Rail , Ocean , Air

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

the key for the effective :-Correct Answer Management

Your Answer Management

Multiple Choice Single AnswerQuestion It is the requirement of Enriched supply chain players to cope up

with :-Correct Answer Rapidly changing order rates

Your Answer Inventory control

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

plan for the :-Correct Answer Organisation

Your Answer Supply Chain Management

Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for

productivity and performance analysis is required for :-Correct Answer Logistics management

Your Answer Logistics management

Multiple Choice Single Answer

Page 43: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Holding costs are expressed as a % of stock values. What is thepercentage?

Correct Answer 15% - 30%

Your Answer 20% - 30%

True/FalseQuestion The measures suggested by Balloy have limited application,

mainly at the strategic rather that operational level.Correct Answer False

Your Answer True

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The BlankQuestion The fire in 1997 forced Toyoto to embark upon review of

________ that were sourced from single supplier.Correct Answer Components

Your Answer Raw Materials

Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final

production is reported, is known as :-Correct Answer Manufacturing Cycle Time

Your Answer Manufacturing Cycle Time

Select The BlankQuestion The geographic placement of production facility, stocking

points & sourcing is the ________ step in creating supplychain.

Correct Answer First

Your Answer First

True/FalseQuestion Regardless of how inventory movement is accounted for, it

must be done correctly if accurate inventory records are to beachieved.

Correct Answer True

Your Answer True

Select The BlankQuestion The basic operators framework ________ that there is a link

between capabilities & strategy on one hand & capabilities &resources & infrastructure on the other hand.

Page 44: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Implies

Your Answer Implies

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

company's strategic objectives. In this measurements usuallycovers :-

Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of

longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination

Your Answer Speed it up , Restructure it , Change co-ordination

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

Correct Answer True

Your Answer True

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

________ more transparent with risks Often being hiddeninitially.

Correct Answer Often

Your Answer Mostly

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

plans of several plants.Correct Answer Production

Your Answer Distribution

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

auto-industry moves into a mixed production.Correct Answer Realized

Your Answer Utilized

True/False

Page 45: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Defects per million opportunities(DPMO) is concept of FourSigma.

Correct Answer False

Your Answer True

True/FalseQuestion The economic order quantity is the order quantity that

minimizes total cost.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion EDI agreement Legal Aspects covers :-

Correct Answer Internet cyber law , Time that message will be retained ,Procedure for settling any dispute

Your Answer Time that message will be retained , Procedure for settlingany dispute , Legal Jurisdiction for settling dispute

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

particularly suited to Japanese mentality.Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Product Champion Andraski Poul Jonh

Pull & Push conceptdiscussion

Hoeskstra & Romme Andraski

Simulation Model Sterman Glazer

Player concept Forrester(1960) Forrester(1960)

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

into ?Correct Answer Three

Your Answer Four

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

non optimal stocking levels.Correct Answer True

Page 46: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer True

Select The BlankQuestion The enrichment mechanism is an ________ point of sales

link.Correct Answer Electronic

Your Answer Critical

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

Correct Answer Strategic

Your Answer Management

Match The FollowingQuestion Correct Answer Your Answer

Other Unit productioncost

The cost of production ofone unit of the productthat is not accounted inemployee cost.

The cost of holding oneunit in stock at the end ofeach Month.

Hiring cost The cost of hiring anemployee.

The cost of hiring anemployee.

Unit inventory holdingcost

The cost of holding oneunit in stock at the end ofeach period.

The cost of production ofone unit of the productthat is not accounted inemployee cost.

Unit subcontracting cost The cost of each unitbought from externalsource.

The cost of holding oneunit procured fromexternal source at the endof each period.

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Facility & Distribution

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the

supply chain operate :-Correct Answer Independently

Your Answer Independently

Multiple Choice Single Answer

Page 47: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The supply chain management is compared by " Cooper andEllram" with :-

Correct Answer Relay Team

Your Answer Long Distance Runner

Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-

Correct Answer Modular Organization of work , Multi-skilling , On the jobtraining procedures

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

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of

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

Your Answer Decrease it

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

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

Correct Answer Safety

Your Answer Safety

True/FalseQuestion The marketing effort is somewhat restricted by the necessity

to sell leftover products following year.Correct Answer True

Your Answer True

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

information system?Correct Answer Major overhaul

Your Answer Major overhaul

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

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

Your Answer Warehousing , Transportation , Customer Service

Select The Blank

Page 48: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Paper or computer records require time to check ________against recorder level.

Correct Answer Stock

Your Answer Availability

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-

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

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

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

inventory for the organization?Correct Answer Common

Your Answer Common

Select The BlankQuestion One of the factors behind Japanese success story as

geographic proximity and that suppliers are often ________around the major customers.

Correct Answer Clustered

Your Answer Scattered

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from

postponement, experiences a radically different picture intheir business like :-

Correct Answer Demand with little or no uncertainty , Low value of short timeto market , Low product proliferation

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

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

performance?Correct Answer Statistics is generated

Your Answer Statistics is generated

Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost

strategy.Correct Answer £ 500

Your Answer £ 475

Page 49: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

business so as to avoid this, which of the following isrequired?

Correct Answer TQM & JIT

Your Answer FMCG

True/FalseQuestion Distribution & Warehousing comes under supply chain

measurement.Correct Answer True

Your Answer True

True/FalseQuestion The enriching the order decisions with market place

information enables the factory to be much more responsive,since less supply chain Filtering is taking place.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?

Correct Answer Rail , Ocean , Air

Your Answer Rail , Ocean , Air

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

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

Your Answer Management

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

up with :-Correct Answer Rapidly changing order rates

Your Answer Inventory control

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single

integrated plan for the :-Correct Answer Organisation

Your Answer Supply Chain Management

Page 50: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for

productivity and performance analysis is required for :-Correct Answer Logistics management

Your Answer Logistics management

Multiple Choice Single AnswerQuestion Holding costs are expressed as a % of stock values. What is

the percentage?Correct Answer 15% - 30%

Your Answer 20% - 30%

True/FalseQuestion The measures suggested by Balloy have limited application,

mainly at the strategic rather that operational level.Correct Answer False

Your Answer True

Page 51: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SUPPLY CHAIN MANAGEMENTSemester IV

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain

Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery

Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult to forecast on product

basis :-Correct Answer The demandYour Answer The demand

Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with :-Correct Answer Relay TeamYour Answer Relay Team

True/FalseQuestion All forecasting methods require complex calculations and therefore are ideally suited to

be done by a computer.Correct Answer FalseYour Answer True

True/FalseQuestion The measures suggested by Balloy have limited application, mainly at the strategic

rather that operational level.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven, coordinated with actual

customer demand?Correct Answer Pull Base SystemYour Answer Push Base system

Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

Page 1 of 6SUPPLY CHAIN MANAGEMENT

5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\SUPPLY CHAIN M...

Page 52: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.Correct Answer FalseYour Answer False

Select The BlankQuestion In the MRP package referred in the example, the entry of capacity data is to see if we

are________ production capacity.Correct Answer ExceedingYour Answer Not meeting

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed

times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable

supplyYour Answer Safety stock , Operational responsiveness , Level of risk involved given variable

supply

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical

Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time

Select The BlankQuestion One of the factors behind Japanese success story as geographic proximity and that

suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in

terms of :-Correct Answer Management & effort , Initial implementation , The continuing effort to run the

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

system

Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the company to realize

their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately

True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False

Multiple Choice Single Answer

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Page 53: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question To provide an adequate support what will be need to do with information system?Correct Answer Major overhaulYour Answer Major overhaul

Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used , coding system

Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is mainly based on:-Correct Answer Decision MakingYour Answer Data Structure

Match The FollowingQuestion Correct Answer Your Answer

Manager participation in SCM activity 0.16 0.16

Director/GM participation in SCM activity 0.28 0.28

Vice President participation in SCM activity 0.17 0.17

President participation in SCM activity 0.14 0.14

True/FalseQuestion In the supply chain, a team of four player, retailer, distributor, warehouse, factory is

require to get involved for the success.Correct Answer TrueYour Answer True

True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely

detailed plan?Correct Answer MRP translates itYour Answer MRP translates it

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those requirements,

the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for the organization?Correct Answer CommonYour Answer Common

Multiple Choice Multiple Answer

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Page 54: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term

True/FalseQuestion The globalization of supply chain does not change the requirement within supply chain

management.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

True/FalseQuestion If the supply chain do not track uncertainties than it leads to non optimal stocking levels.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?Correct Answer To provide for cause , To provide for corrective action , To provide for future

actionYour Answer Measure the level of conformance to expectable , To provide for cause , To provide

for corrective action

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement, experiences a

radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low

product proliferationYour Answer Low value of short time to market , Low product proliferation , Medium inventory

value

Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators

can be formulated to relate main process of Logistics to the major long term goals.Correct Answer LogisticsYour Answer Distribution

True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type of Average squared

error?Correct Answer LowestYour Answer Zero

Select The BlankQuestion The indirect cost increase has the consequent ________ the infrastructure & resources.Correct Answer Impacts on

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Page 55: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Effects on

Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996

Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are

Less responsive to change in demand.Correct Answer LessYour Answer Less

Match The FollowingQuestion Correct Answer Your Answer

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

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

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

ABC Analysis Can be used to classify stock groups Can be used to classify stock groups

Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order

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

levels

Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by which methods?Correct Answer Just in timeYour Answer Just in time

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook PC on same day as

receipt of order, the company has to maintain significant amount of inventory.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be

reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering / holding cost can be

reduced , Continuous improvement always striving to improve

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes more

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Page 56: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

important capability.Correct Answer ApplicabilityYour Answer Applicability

Select The BlankQuestion Japanese logistics performance and its ________ are paramount priorities in their

business environment.Correct Answer EffectivenessYour Answer Effectiveness

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.Correct Answer ContingencyYour Answer Contingency

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Page 57: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary

Match The FollowingQuestion Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy

Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied

Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery

Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested

Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle Time

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single

integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

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

creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date

Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit

shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit

shipped

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

calculated additionally.Correct Answer FalseYour Answer True

True/FalseQuestion The advantage of using moving average for forecasting is that in

calculating the average all the observations are given equal weightage.Correct Answer TrueYour Answer True

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

Page 1

Page 58: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle

countingYour Answer Control group cycle counting , Random cycle counting

Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused

at a particular segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management

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

key for the effective :-Correct Answer ManagementYour Answer Management

Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant

of the following?Correct Answer KanbanYour Answer Kanban

True/FalseQuestion Customer satisfaction through quality must be balanced against

environmental impact & strain on the workforce.Correct Answer TrueYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Industrial dynamics Burbidge Van Amstel

Select The BlankQuestion We have criteria for ________ forecasts, however generalized they

are.Correct Answer DistinguishingYour Answer Comparing

Select The BlankQuestion According the example, for minimal cost, the number of initial

workers considered is ________Correct Answer 10Your Answer 9

Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in

inventory problems what will be its effect on Inventory Carrying and Orderingcost?Correct Answer It will be optimizedYour Answer It will be reduced

Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the

example given?Correct Answer 5

Page 2

Page 59: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1Your Answer 6

Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from

corporate vision as a :-Correct Answer PyramidYour Answer Pyramid

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

received order information from :-Correct Answer ConsumerYour Answer Consumer

Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the

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

of item through the production process , A push process

True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True

Select The BlankQuestion ________ is only the management philosophy which helps organisation

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

Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in

forecasting, vary from high to low?Correct Answer QualitativeYour Answer Qualitative

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

embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities

Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in

better management of :-Correct Answer Cash flowYour Answer Production

Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly

Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive

effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale

Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events

Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable

Page 3

Page 60: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1holding cost to ________ total costCorrect Answer Drive downYour Answer Minimise

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's

strategic objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer

True/FalseQuestion The impact of indirect cost increase is sometimes not limited to

company implementing postponement, but affects the other players in the supplychain.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead

time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be

treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them ,

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

Allocation of Suppliers to plants

True/FalseQuestion The economic order quantity is the order quantity that minimizes

total cost.Correct Answer TrueYour Answer True

True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False

Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent

Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost /

demand data is ________ accurate.Correct Answer ReasonablyYour Answer Completely

Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value

Page 4

Page 61: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply

chain, is known as :-Correct Answer PipelineYour Answer Chainline

Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower

stocks , Orders can not be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability ,

Facilitate lower stocks

Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link

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

Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods,

some of the options are :-Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees

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

relatively infrequently.Correct Answer TrueYour Answer True

Page 5

Page 62: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for

Supply chain Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery

Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult

to forecast on product basis :-Correct Answer The demandYour Answer The demand

Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with

:-Correct Answer Relay TeamYour Answer Relay Team

True/FalseQuestion All forecasting methods require complex calculations and therefore

are ideally suited to be done by a computer.Correct Answer FalseYour Answer True

True/FalseQuestion The measures suggested by Balloy have limited application, mainly at

the strategic rather that operational level.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven,

coordinated with actual customer demand?Correct Answer Pull Base SystemYour Answer Push Base system

Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.

Correct Answer FalseYour Answer False

Select The BlankQuestion In the MRP package referred in the example, the entry of capacity

data is to see if we are________ production capacity.Correct Answer ExceedingYour Answer Not meeting

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and

variable quantity at fixed times has implications for :-Page 1

Page 63: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2Correct Answer Safety stock , Operational responsiveness , Level of risk

involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk

involved given variable supply

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical

Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery

date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time

Select The BlankQuestion One of the factors behind Japanese success story as geographic

proximity and that suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly,

it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing

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

effort to run the system

Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the

company to realize their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately

True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False

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

information system?Correct Answer Major overhaulYour Answer Major overhaul

Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network

that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used ,

coding system

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

mainly based on:-Correct Answer Decision MakingYour Answer Data Structure

Match The FollowingQuestion Correct Answer Your Answer

Manager participation in SCM activity 0.16 0.16

Director/GM participation in SCM activity 0.28 0.28

Vice President participation in SCM activity 0.17 0.17Page 2

Page 64: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2

President participation in SCM activity 0.14 0.14

True/FalseQuestion In the supply chain, a team of four player, retailer, distributor,

warehouse, factory is require to get involved for the success.Correct Answer TrueYour Answer True

True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True

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

extremely detailed plan?Correct Answer MRP translates itYour Answer MRP translates it

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet

those requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

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

the organization?Correct Answer CommonYour Answer Common

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term

True/FalseQuestion The globalization of supply chain does not change the requirement

within supply chain management.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look

at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation

IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation

Index

True/FalseQuestion If the supply chain do not track uncertainties than it leads to non

optimal stocking levels.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle

counting?Correct Answer To provide for cause , To provide for corrective action , To

provide for future actionYour Answer Measure the level of conformance to expectable , To provide for

cause , To provide for corrective action

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement,

Page 3

Page 65: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2experiences a radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time

to market , Low product proliferationYour Answer Low value of short time to market , Low product proliferation ,

Medium inventory value

Select The BlankQuestion A further development of ________ performance measures is that a

matrix of indicators can be formulated to relate main process of Logistics to themajor long term goals.Correct Answer LogisticsYour Answer Distribution

True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type

of Average squared error?Correct Answer LowestYour Answer Zero

Select The BlankQuestion The indirect cost increase has the consequent ________ the

infrastructure & resources.Correct Answer Impacts onYour Answer Effects on

Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996

Select The BlankQuestion In re-order level approach average stock levels stay more or

________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less

Match The FollowingQuestion Correct Answer Your Answer

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

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

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

ABC Analysis Can be used to classify stock groups Can be used to classify stockgroups

Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal

Level of Order QuantityYour Answer Setting Safety Stock level , Optimal Level of Order Quantity ,

Setting of production levels

Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by

which methods?Page 4

Page 66: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2Correct Answer Just in timeYour Answer Just in time

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook

PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering /

holding cost can be reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering /

holding cost can be reduced , Continuous improvement always striving to improve

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed

becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability

Select The BlankQuestion Japanese logistics performance and its ________ are paramount

priorities in their business environment.Correct Answer EffectivenessYour Answer Effectiveness

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with

disruption.Correct Answer ContingencyYour Answer Contingency

Page 5

Page 67: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SUPPLY CHAIN MANAGEMENTSemester IV

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary

Match The FollowingQuestion Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services with dependability andaccuracy It relates with the ability to perform the promised services with dependability and accuracy

Quality of operation This relates to customer requirement & needs being consistently satisfied Thisrelates to customer requirement & needs being consistently satisfied

Speed of operation This is efficient use of time from order to delivery This is efficient use of timefrom order to delivery

Capacity Utilization This is the measure related to a maximum of an organizations ability to providedemanded goods & service in the amount requested This is the measure related to a maximum of anorganizations ability to provide demanded goods & service in the amount requested

Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment

Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle

Time

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and

________.Correct Answer Requested delivery dateYour Answer Requested delivery date

Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped

True/FalseQuestion The effect of buying discount / price breaks does need to be calculated additionally.Correct Answer FalseYour Answer True

Page 1 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...

Page 68: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The advantage of using moving average for forecasting is that in calculating the average

all the observations are given equal weightage.Correct Answer TrueYour Answer True

True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle countingYour Answer Control group cycle counting , Random cycle counting

Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused at a particular

segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the

effective :-Correct Answer ManagementYour Answer Management

Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant of the following?Correct Answer KanbanYour Answer Kanban

True/FalseQuestion Customer satisfaction through quality must be balanced against environmental impact &

strain on the workforce.Correct Answer TrueYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Industrial dynamics Burbidge Van Amstel

Select The BlankQuestion We have criteria for ________ forecasts, however generalized they are.Correct Answer DistinguishingYour Answer Comparing

Page 2 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...

Page 69: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Select The BlankQuestion According the example, for minimal cost, the number of initial workers considered is

________Correct Answer 10Your Answer 9

Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in inventory problems what

will be its effect on Inventory Carrying and Ordering cost?Correct Answer It will be optimizedYour Answer It will be reduced

Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the example given?Correct Answer 5Your Answer 6

Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from corporate vision as a :-Correct Answer PyramidYour Answer Pyramid

Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always received order

information from :-Correct Answer ConsumerYour Answer Consumer

Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the flow of item through

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

the production process , A push process

True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True

Select The BlankQuestion ________ is only the management philosophy which helps organisation to move from

one step to another.Correct Answer BenchmarkingYour Answer Benchmarking

Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in forecasting, vary from high to

low?Correct Answer QualitativeYour Answer Qualitative

Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace :-

Page 3 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...

Page 70: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities

Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in better management of :-Correct Answer Cash flowYour Answer Production

Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly

Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale

Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events

Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to

________ total costCorrect Answer Drive downYour Answer Minimise

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In

this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer

True/FalseQuestion The impact of indirect cost increase is sometimes not limited to company implementing

postponement, but affects the other players in the supply chain.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre

Page 4 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

5/12/2007file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\LIST OF ATTEMP...

Page 71: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them , Allocation of

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

to plants

True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True

True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False

Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent

Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost / demand data is

________ accurate.Correct Answer ReasonablyYour Answer Completely

Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value

Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply chain, is

known as :-Correct Answer PipelineYour Answer Chainline

Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not

be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability , Facilitate lower

stocks

Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication LinkYour Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN

Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods, some of the options

are :-

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Page 72: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees

True/FalseQuestion The key point about structural information is that it changes relatively infrequently.Correct Answer TrueYour Answer True

Page 6 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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Page 73: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scmSUPPLY CHAIN MANAGEMENT

Semester IV

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple Answer

Question Following results are possible only & only if organisation goes forSupply chain Priorities:-

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

Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery

Multiple Choice Single Answer

Question Product lines with highly customized end product find it difficultto forecast on product basis :-

Correct Answer The demand

Your Answer The demand

Multiple Choice Single Answer

Question The supply chain management is compared by " Cooper and Ellram" with:-

Correct Answer Relay Team

Your Answer Relay Team

True/False

Question All forecasting methods require complex calculations and thereforeare ideally suited to be done by a computer.

Correct Answer False

Your Answer True

True/False

Question The measures suggested by Balloy have limited application, mainly atthe strategic rather that operational level.

Correct Answer False

Your Answer False

Multiple Choice Single Answer

Question Which is the system in which production is demand driven,Page 1

Page 74: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scmcoordinated with actual customer demand?

Correct Answer Pull Base System

Your Answer Push Base system

Select The Blank

Question BOM can have ________ levels.

Correct Answer Many

Your Answer Two

Multiple Choice Single Answer

Question Different machines were clustered together to eliminate :

Correct Answer Transportation of item

Your Answer Transportation of item

Multiple Choice Single Answer

Question How many levels the supply chain management is divided into ?

Correct Answer Three

Your Answer Three

True/False

Question Warehousing & Transportation are not at all related activity in SCM.

Correct Answer False

Your Answer False

Select The Blank

Question In the MRP package referred in the example, the entry of capacitydata is to see if we are________ production capacity.

Correct Answer Exceeding

Your Answer Not meeting

Multiple Choice Multiple Answer

Question Both the ordering system fixed quantity at variable times andvariable quantity at fixed times has implications for :-

Correct Answer Safety stock , Operational responsiveness , Level of riskinvolved given variable supply

Page 2

Page 75: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scmYour Answer Safety stock , Operational responsiveness , Level of risk

involved given variable supply

Multiple Choice Single Answer

Question The levels at which long term decisions are made is :-

Correct Answer Strategic

Your Answer Tactical

Multiple Choice Single Answer

Question The Gap between purchase order creation date and requested deliverydate is known as :-

Correct Answer Customer Order promised cycle time

Your Answer Customer Order promised cycle time

Select The Blank

Question One of the factors behind Japanese success story as geographicproximity and that suppliers are often ________ around the major customers.

Correct Answer Clustered

Your Answer Clustered

Multiple Choice Multiple Answer

Question Implementing JIT system is a task that can't be undertaken lightly,it will be expensive in terms of :-

Correct Answer Management & effort , Initial implementation , The continuingeffort to run the system

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

Multiple Choice Single Answer

Question Outsourcing to 3PL companies to world class standards allow thecompany to realize their anticipated benefits:-

Correct Answer Immediately

Your Answer Immediately

True/False

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

Correct Answer True

Your Answer FalsePage 3

Page 76: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm

Multiple Choice Single Answer

Question To provide an adequate support what will be need to do withinformation system?

Correct Answer Major overhaul

Your Answer Major overhaul

Multiple Choice Multiple Answer

Question The Technical Aspects of EDI agreement are :-

Correct Answer coding system , The EDI that is to be employed , The Networkthat is to be used

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

Multiple Choice Single Answer

Question The Data required for the IT application in the field of SCM ismainly based on:-

Correct Answer Decision Making

Your Answer Data Structure

Match The Following

Question Correct Answer Your Answer

Manager participation in SCM activity 0.16 0.16

Director/GM participation in SCM activity 0.28 0.28

Vice President participation in SCM activity 0.17 0.17

President participation in SCM activity 0.14 0.14

True/False

Question In the supply chain, a team of four player, retailer, distributor,warehouse, factory is require to get involved for the success.

Correct Answer True

Page 4

Page 77: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scmYour Answer True

True/False

Question BOM is best thought of as divided interval levels.

Correct Answer True

Your Answer True

Multiple Choice Single Answer

Question How does aggregate plan created by master production schedule becomeextremely detailed plan?

Correct Answer MRP translates it

Your Answer MRP translates it

Multiple Choice Multiple Answer

Question If we take chair figures from MPS as chair requirement and to meetthose requirements, the package will produced a detailed production plan for :-

Correct Answer Seats , Backs , Legs

Your Answer Seats , Backs , Legs

Multiple Choice Single Answer

Question Spares stationery, consumable etc. are what type of inventory forthe organization?

Correct Answer Common

Your Answer Common

Multiple Choice Multiple Answer

Question The category of forecasting are :-

Correct Answer Short Term , Medium Term , Long Term

Your Answer Short Term , Medium Term , Long Term

True/False

Question The globalization of supply chain does not change the requirementwithin supply chain management.

Correct Answer False

Your Answer False

Page 5

Page 78: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scmMultiple Choice Multiple Answer

Question The treasury equation refers to predict customer spending will lookat the factors like :-

Correct Answer Consumer Non Durable Spending , Unemployment Rate , InflationIndex

Your Answer Consumer Non Durable Spending , Unemployment Rate , InflationIndex

True/False

Question If the supply chain do not track uncertainties than it leads to nonoptimal stocking levels.

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer

Question When conformance is not achieved, what is the role of cyclecounting?

Correct Answer To provide for cause , To provide for corrective action , Toprovide for future action

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

Multiple Choice Multiple Answer

Question Companies that would obviously gain very little from postponement,experiences a radically different picture in their business like :-

Correct Answer Demand with little or no uncertainty , Low value of short timeto market , Low product proliferation

Your Answer Low value of short time to market , Low product proliferation ,Medium inventory value

Select The Blank

Question A further development of ________ performance measures is that amatrix of indicators can be formulated to relate main process of Logistics to themajor long term goals.

Correct Answer Logistics

Your Answer Distribution

True/False

Question Logistics covers 90% cost of manufacturing.

Correct Answer False

Page 6

Page 79: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scmYour Answer False

Multiple Choice Single Answer

Question In any event, we prefer the forecasting method that gives which typeof Average squared error?

Correct Answer Lowest

Your Answer Zero

Select The Blank

Question The indirect cost increase has the consequent ________ theinfrastructure & resources.

Correct Answer Impacts on

Your Answer Effects on

Select The Blank

Question World class Logistics study is published in the year ________.

Correct Answer 1995

Your Answer 1996

Select The Blank

Question In re-order level approach average stock levels stay more or________ the same and are Less responsive to change in demand.

Correct Answer Less

Your Answer Less

Match The Following

Question Correct Answer Your Answer

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

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

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

Page 7

Page 80: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm

ABC Analysis Can be used to classify stock groups Can be used to classify stockgroups

Multiple Choice Multiple Answer

Question The operational perspective in management of inventory level are :-

Correct Answer Deployment strategies , Setting Safety Stock level , OptimalLevel of Order Quantity

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

Multiple Choice Single Answer

Question The data content & floors of stock record systems are needed bywhich methods?

Correct Answer Just in time

Your Answer Just in time

True/False

Question In order to meet the guarantee to customer for shipment of notebookPC on same day as receipt of order, the company has to maintain significantamount of inventory.

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer

Question JIT philosophy has following features :-

Correct Answer Elimination of waste in many forms , Belief that ordering /holding cost can be reduced , Continuous improvement always striving to improve

Your Answer Elimination of waste in many forms , Belief that ordering /holding cost can be reduced , Continuous improvement always striving to improve

Select The Blank

Question The strength of postponement lies in its wide ________ as speedbecomes more important capability.

Correct Answer Applicability

Your Answer Applicability

Select The Blank

Page 8

Page 81: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scmQuestion Japanese logistics performance and its ________ are paramount

priorities in their business environment.

Correct Answer Effectiveness

Your Answer Effectiveness

Select The Blank

Question Suppliers agree to give customer ________ plans to cope withdisruption.

Correct Answer Contingency

Your Answer Contingency

Page 9

Page 82: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through

understanding of the requirement of :-Correct Answer Customer

Your Answer Production

Multiple Choice Single AnswerQuestion Almost 50% of Indian industries are using which of the following

concepts?Correct Answer TQM

Your Answer ERP

Multiple Choice Multiple AnswerQuestion JIT is :-

Correct Answer Top Down system , Centrally organized , Imposed productionsystem

Your Answer Top Down system , Centrally organized , Implementprocurement system

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for

Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue

Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost

Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high

criticality, must hold high levels of stock and thereby allowingsafety margins for :-

Correct Answer Delivery , Lead time , Demand Fluctuation

Your Answer Delivery , Lead time , Demand Fluctuation

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

Correct Answer Strategic

Your Answer Strategic

Page 83: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion In SCM concept, there is no requirement of comparing factory

responses to market place set up input.Correct Answer False

Your Answer True

True/FalseQuestion All movements throughout the factory is controlled by Kanbans,

and since the Kanbans specify item precisely, no defects can betolerated.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for

major market places like:-Correct Answer America , Asia , Europe

Your Answer America , Asia , Europe

Select The BlankQuestion The primary purpose of inventory is to ________ against any

uncertainty that might exist in supply chain.Correct Answer Buffer

Your Answer Buffer

Match The FollowingQuestion Correct Answer Your Answer

Outgoing inventory Is predicted or expectedsales

Is the amount of inventoryon hand at end of planningperiod

Gross Requirement The forecast demand forthe item

Is predicted or expectedsales

Scheduled Receipt Any scheduled receiptfrom previous orders thatare currently beingprocessed

Any scheduled receipt fromprevious orders that arecurrently being processed

On hand inventory Is the amount of inventoryon hand at start ofplanning period

Is the amount of inventoryon hand at start of planningperiod

True/False

Page 84: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question JIT/TQM are the tools for SCM.

Correct Answer True

Your Answer True

True/FalseQuestion In industries where it is particularly difficult to match supply can

benefit the most from implementing a postpone system.Correct Answer True

Your Answer True

True/FalseQuestion Postponement does guarantee win win situation under all

circumstance in spite of cost involved.Correct Answer True

Your Answer True

True/FalseQuestion Backorder means an unfilled customer order.

Correct Answer True

Your Answer True

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

Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

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

capacity data is to see if we are________ production capacity.Correct Answer Exceeding

Your Answer Not meeting

Multiple Choice Single AnswerQuestion How does aggregate plan created by master production

schedule become extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

Page 85: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches aremethods

Which facilitate concisereview & at the same timeattempt to accommodatethe above polarity.

For the most part givenormative models for morestrategic decisions.

Rough cut methods giveguiding policies

For the operationdecisions.

Give guiding policies forstrategic decisions.

Network design methods For the most part givenormative models formore strategic decisions.

For the operationdecisions.

Simulation is the methodby which

A comprehensive supplychain model can beanalyzed.

Give normative models formore operator decisions.

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?

Correct Answer Three

Your Answer Three

Select The BlankQuestion The geographic placement of production facility, stocking points

& sourcing is the ________ step in creating supply chain.Correct Answer First

Your Answer Fifth

Select The BlankQuestion The integration will make each unit of organization understand

how the action will impact other parts of & enabling it to choosealternative that ________ the organization goal.

Correct Answer Optimize

Your Answer Satisfy

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken

lightly, it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing

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

effort to run the system

Select The Blank

Page 86: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question BOMs are structural ________ that changes relativelyinfrequently.

Correct Answer Information

Your Answer Items

Select The BlankQuestion The models that describe operational decisions are often very

________ in nature.Correct Answer Specific

Your Answer Specific

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Intermediate and Finished products

True/FalseQuestion Regardless of how inventory movement is accounted for, it must

be done correctly if accurate inventory records are to beachieved.

Correct Answer True

Your Answer True

Select The BlankQuestion Paper or computer records require time to check ________

against recorder level.Correct Answer Stock

Your Answer Inventory

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

with:-Correct Answer Plants

Your Answer Inventories

Multiple Choice Single AnswerQuestion An example of multiple equation method given in an economic

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

Page 87: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer US

Select The BlankQuestion The recent development within information technology and

software Engineering gives ________ opportunity for Integrationand Co-ordination.

Correct Answer Unprecedented

Your Answer Unbelievable

Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied

by the cost of:-Correct Answer Placing an order

Your Answer Placing an order

Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to

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

Your Answer Production

Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered

are :-Correct Answer Full Regular Time capacity , No over time Planning , No

SubcontractingYour Answer Full Regular Time capacity , No Subcontracting , No Machine

Addition.

Select The BlankQuestion As compared to minimal cost strategy the level strategy is

________.Correct Answer Cheaper

Your Answer Cheaper

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-

Correct Answer Short Term , Medium Term , Long Term

Your Answer Short Term , Medium Term , Long Term

True/False

Page 88: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer True

Your Answer True

Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.

Correct Answer £ 25

Your Answer £ 25

Multiple Choice Multiple AnswerQuestion The inventory control systems are :-

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

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

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

relatively infrequently.Correct Answer True

Your Answer True

Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift

towards ________ of responsibility.Correct Answer Decentralization

Your Answer Delegation

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be

treated as ________.Correct Answer Cost saving centre

Your Answer Cost saving centre

Page 89: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of

the value flow across the :-Correct Answer Supply chain

Your Answer Supply chain

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

Correct Answer Planning Resources Name , Capacity Unit of PlanningResourcing , Capacity Requirement per Product

Your Answer Capacity Unit of Planning Resourcing , Capacity Requirementper Product , Total Number of Planning Resources

Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated

with CBI/DTI ________ sourcing initiative.Correct Answer partnership

Your Answer partnership

Page 90: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1SUPPLY CHAIN MANAGEMENT

Semester IV

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank

Question Suppliers are ________ to JIT business.

Correct Answer Crucial

Your Answer Necessary

Match The Following

Question Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy

Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied

Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery

Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested

Multiple Choice Multiple Answer

Question Following are some of the tools for Supply Chain Measurement :-

Correct Answer Cash to cash cycle time , Supply Chain cycle Time , InventoryReplenishment Cycle Time

Your Answer Cash to cash cycle time , Supply Chain cycle Time , InventoryReplenishment Cycle Time

Multiple Choice Single Answer

Question The result of all the factors is that there is not a singleintegrated plan for the :-

Page 1

Page 91: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Correct Answer Organisation

Your Answer Supply Chain Management

Select The Blank

Question Customer order promised cycle time is gap between the purchase ordercreation and ________.

Correct Answer Requested delivery date

Your Answer Requested delivery date

Multiple Choice Multiple Answer

Question Following are the parameters of Transportation Metrics :-

Correct Answer Transit time , Outbound Freight cost , Freight Cost per unitshipped

Your Answer Transit time , Outbound Freight cost , Freight Cost per unitshipped

True/False

Question The effect of buying discount / price breaks does need to becalculated additionally.

Correct Answer False

Your Answer True

True/False

Question The advantage of using moving average for forecasting is that incalculating the average all the observations are given equal weightage.

Correct Answer True

Your Answer True

True/False

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

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer

Question What are the major steps in cycle counting?

Correct Answer Cycle counting , Control group cycle counting , Random cyclePage 2

Page 92: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1counting

Your Answer Control group cycle counting , Random cycle counting

Multiple Choice Single Answer

Question Total cost of Ownership & direct Product Profitability are focusedat a particular segment of chain intended to be used for :-

Correct Answer Chain wide Management

Your Answer Chain wide Management

Multiple Choice Single Answer

Question The co-ordination between various players in the supply chain is thekey for the effective :-

Correct Answer Management

Your Answer Management

Multiple Choice Single Answer

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

Correct Answer Kanban

Your Answer Kanban

True/False

Question Customer satisfaction through quality must be balanced againstenvironmental impact & strain on the workforce.

Correct Answer True

Your Answer True

Match The Following

Question Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Page 3

Page 93: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1Industrial dynamics Burbidge Van Amstel

Select The Blank

Question We have criteria for ________ forecasts, however generalized theyare.

Correct Answer Distinguishing

Your Answer Comparing

Select The Blank

Question According the example, for minimal cost, the number of initialworkers considered is ________

Correct Answer 10

Your Answer 9

Multiple Choice Single Answer

Question If the demand forecast is more accurate which will result ininventory problems what will be its effect on Inventory Carrying and Orderingcost?

Correct Answer It will be optimized

Your Answer It will be reduced

Multiple Choice Single Answer

Question By not ordering chairs, we reach a stock out by which week in theexample given?

Correct Answer 5

Your Answer 6

Multiple Choice Single Answer

Question Mr. Lunch cross show performance which is filtered down fromcorporate vision as a :-

Correct Answer Pyramid

Your Answer Pyramid

Multiple Choice Single Answer

Question In a traditional informational pipeline supply chain player alwaysreceived order information from :-

Correct Answer ConsumerPage 4

Page 94: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Your Answer Consumer

Multiple Choice Multiple Answer

Question Kanban is :-

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

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

True/False

Question The total cost in minimal cost strategy is £ 63400.

Correct Answer True

Your Answer True

Select The Blank

Question ________ is only the management philosophy which helps organisationto move from one step to another.

Correct Answer Benchmarking

Your Answer Benchmarking

Multiple Choice Single Answer

Question In which technique when applied to the use of numbers inforecasting, vary from high to low?

Correct Answer Qualitative

Your Answer Qualitative

Multiple Choice Multiple Answer

Question In the Japanese concept of total productivity, for output theyembrace :-

Correct Answer Quantity , Quality , Delivery

Your Answer Quality , Delivery , Facilities

Multiple Choice Single Answer

Question If the material requirement plan is accurate, then it results inbetter management of :-

Correct Answer Cash flow

Your Answer ProductionPage 5

Page 95: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Select The Blank

Question Kanban process ________ focuses on the human factors of production.

Correct Answer Indirectly

Your Answer Directly

Multiple Choice Multiple Answer

Question The majority of companies said that using 3 PL services had positiveeffect on :-

Correct Answer Logistic Cost , Customer satisfaction

Your Answer Logistic Cost , Customer satisfaction , Employee Morale

Multiple Choice Single Answer

Question What affects the forecasting of performance levels?

Correct Answer Changing environment

Your Answer Foreseen events

Select The Blank

Question One of the ideas behind JIT is to reduce fixed setup cost & variableholding cost to ________ total cost

Correct Answer Drive down

Your Answer Minimise

True/False

Question Distribution & Warehousing comes under supply chain measurement.

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer

Question The SCM key metrics should be closely aligned to the company'sstrategic objectives. In this measurements usually covers :-

Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer

True/False

Page 6

Page 96: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1Question The impact of indirect cost increase is sometimes not limited to

company implementing postponement, but affects the other players in the supplychain.

Correct Answer True

Your Answer False

Multiple Choice Multiple Answer

Question The changes to be made in supply chain due to problem of longer leadtime is:-

Correct Answer Speed it up , Restructure it , Change co-ordination

Your Answer Speed it up , Restructure it , Change co-ordination

Select The Blank

Question According to Ducker, Customer focus oriented logistics must betreated as ________.

Correct Answer Cost saving centre

Your Answer Cost saving centre

Multiple Choice Multiple Answer

Question The strategic decision in supply chain includes :-

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

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

True/False

Question The economic order quantity is the order quantity that minimizestotal cost.

Correct Answer True

Your Answer True

True/False

Question Backorder means an unfilled customer order.

Correct Answer True

Your Answer False

Select The Blank

Question For the good result, supply chain require to be very ________.Page 7

Page 97: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Correct Answer Transparent

Your Answer Transparent

Select The Blank

Question EOQ is very sensitive to error as long as the magnitude of cost /demand data is ________ accurate.

Correct Answer Reasonably

Your Answer Completely

Multiple Choice Single Answer

Question The most relevant measures for capital input is that of :-

Correct Answer Replacement cost

Your Answer Market value

Multiple Choice Single Answer

Question The mechanism by which material and information flows through supplychain, is known as :-

Correct Answer Pipeline

Your Answer Chainline

Multiple Choice Multiple Answer

Question Fixed quantity systems :-

Correct Answer Can cope well with demand variability , Facilitate lowerstocks , Orders can not be consolidated to secure supplier discounts

Your Answer Are easy to manage , Can cope well with demand variability ,Facilitate lower stocks

Multiple Choice Multiple Answer

Question The media for EDI communication are :-

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

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

Multiple Choice Multiple Answer

Question In the single product example defined for planning into periods,some of the options are :-

Correct Answer Regular time , Hire employees , Fire employeesPage 8

Page 98: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Your Answer Regular time , Hire employees , Fire employees

True/False

Question The key point about structural information is that it changesrelatively infrequently.

Correct Answer True

Your Answer True

Page 9

Page 99: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SUPPLY CHAIN MANAGEMENTSemester IV

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary

Match The FollowingQuestion Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services with dependability andaccuracy It relates with the ability to perform the promised services with dependability and accuracy

Quality of operation This relates to customer requirement & needs being consistently satisfied Thisrelates to customer requirement & needs being consistently satisfied

Speed of operation This is efficient use of time from order to delivery This is efficient use of timefrom order to delivery

Capacity Utilization This is the measure related to a maximum of an organizations ability to providedemanded goods & service in the amount requested This is the measure related to a maximum of anorganizations ability to provide demanded goods & service in the amount requested

Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment

Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle

Time

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and

________.Correct Answer Requested delivery dateYour Answer Requested delivery date

Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped

True/FalseQuestion The effect of buying discount / price breaks does need to be calculated additionally.Correct Answer FalseYour Answer True

Page 1 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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Page 100: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The advantage of using moving average for forecasting is that in calculating the average

all the observations are given equal weightage.Correct Answer TrueYour Answer True

True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle countingYour Answer Control group cycle counting , Random cycle counting

Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused at a particular

segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the

effective :-Correct Answer ManagementYour Answer Management

Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant of the following?Correct Answer KanbanYour Answer Kanban

True/FalseQuestion Customer satisfaction through quality must be balanced against environmental impact &

strain on the workforce.Correct Answer TrueYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Industrial dynamics Burbidge Van Amstel

Select The BlankQuestion We have criteria for ________ forecasts, however generalized they are.Correct Answer DistinguishingYour Answer Comparing

Page 2 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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Page 101: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Select The BlankQuestion According the example, for minimal cost, the number of initial workers considered is

________Correct Answer 10Your Answer 9

Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in inventory problems what

will be its effect on Inventory Carrying and Ordering cost?Correct Answer It will be optimizedYour Answer It will be reduced

Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the example given?Correct Answer 5Your Answer 6

Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from corporate vision as a :-Correct Answer PyramidYour Answer Pyramid

Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always received order

information from :-Correct Answer ConsumerYour Answer Consumer

Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the flow of item through

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

the production process , A push process

True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True

Select The BlankQuestion ________ is only the management philosophy which helps organisation to move from

one step to another.Correct Answer BenchmarkingYour Answer Benchmarking

Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in forecasting, vary from high to

low?Correct Answer QualitativeYour Answer Qualitative

Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace :-

Page 3 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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Page 102: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities

Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in better management of :-Correct Answer Cash flowYour Answer Production

Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly

Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale

Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events

Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to

________ total costCorrect Answer Drive downYour Answer Minimise

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In

this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer

True/FalseQuestion The impact of indirect cost increase is sometimes not limited to company implementing

postponement, but affects the other players in the supply chain.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre

Page 4 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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Page 103: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them , Allocation of

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

to plants

True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True

True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False

Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent

Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost / demand data is

________ accurate.Correct Answer ReasonablyYour Answer Completely

Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value

Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply chain, is

known as :-Correct Answer PipelineYour Answer Chainline

Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not

be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability , Facilitate lower

stocks

Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication LinkYour Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN

Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods, some of the options

are :-

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Page 104: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees

True/FalseQuestion The key point about structural information is that it changes relatively infrequently.Correct Answer TrueYour Answer True

Page 6 of 6LIST OF ATTEMPTED QUESTIONS AND ANSWERS

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Page 105: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCM. In 1996, the purchase of logistics services by 3PL on behalf of their client inbillion dollars was :-

25302840

2. The data content & floors of stock record systems are needed by which methods?

Just in timeKanbanMaster production scheduleM.R.P. Methods

3. In re-order level approach average stock levels stay more or More EquallyLess Unequally the same and are Less responsive to change in demand.

4. The Data required for the IT application in the field of SCM is mainly basedon:-

Decision MakingData AvailableData StructureDBMS

5. According to Womack & Jones (1996),Who is the Prospective of SCM?

Final CustomerManufacturerTransporterSupplier

6. The modeling approaches are :-

Network DesignRough Cut MethodSimulation BasedOperation Based

7. The rounding of fraction need not concern, as it is unlikely that demandforecast will be completely accurate.

TrueFalse

8. The result of all the factors is that there is not a single integrated planfor the :-

OrganisationSupply Chain ManagementProduction UnitRetail Store

9. Postponement does guarantee win win situation under all circumstance in spiteof cost involved.

TrueFalse

10. The key in effective management of the firms transport strategy is :-

Shipment SizeRoutingScheduling of EquipmentTransport Vehicle Size.

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Page 106: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCM11. Improved Quality & Delivery on Time are the benefits associated with CBI/DTIPeter Senge Lean Sterman partnership sourcing initiative.

12. The mechanism by which material and information flows through supply chain,is known as :-

PipelineInfologLogisticsChainline

13. Indirect cost increases can be caused by changes in the ProcurementProduction Logistics Marketing and distribution process.

14. Following are some of the tools for Supply Chain Measurement :-

Cash to cash cycle timeSupply Chain cycle TimeInventory Replenishment Cycle TimeTraining Cycle Time

15. The cost of oversupply is high in case of highly customized end products asit is difficult to find for them:-

The alternative usesThe alternative suppliersThe alternative buyersThe alternative process of production

16. The information enriched factories are, therefore, able to make an informeddecision at a much earlier point in the time than the factory at the end of thetraditional supply chain.

TrueFalse

17. Customer order promised cycle time is gap between the purchase order creationand Requested delivery date Goods received Purchase order placed Actionstarted.

18. What can a company improve by being able to postpone the production in itsexisting business?

PerformanceWorkingProfitabilitySales

19. The Gap between purchase order creation date and requested delivery date isknown as :-

Customer Order promised cycle timeManufacturing Cycle TimeInventory Replenishment Cycle TimeDBMS

20. In MRP II, the concentration is on planning of the manufacturing resourceslike :-

PeopleMachinesStorageRequirement

21. The enriching the order decisions with market place information enables thePage 2

Page 107: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCMfactory to be much more responsive, since less supply chain Filtering is takingplace.

TrueFalse

22. The co-ordination between various players in the supply chain is the key forthe effective :-

ManagementOrganisationOperationDistribution

23. The retailers undertake Pareto Analysis routinely to Predict CompareIncrease Calculate turnover of item.

24. The integration will make each unit of organization understand how the actionwill impact other parts of & enabling it to choose alternative that OptimizeSatisfy Complete Enhance the organization goal.

25.

1. Gilmour 1. 19972. Davis 2. 19953. Billington 3. 19994. La Londe 4. 1992

5. 19986. 1993

26. The strength of postponement lies in its wide Scope ApplicabilityRequirements Probabilities as speed becomes more important capability.

27. The alternative strategy to meet the increased demand will be to buy fromsubcontractor if it would have been :-

At cheaper costAt same cost with better qualityBetter Quality OnlyFaster Supplies

28. In 1990, General Motor had approximately :-

1770 suppliers31 Assemble parts30 million metric tonnes per day of shipment10000 parts shipped per day

29. Total productivity appears the only relevant productivity measure fordecision making purpose.

TrueFalse

30. The models that describe operational decisions are often very ClearSpecific Simple Complex in nature.

32. Market sales data is the Competitive Advantage Peter Senge effect Factor ofintegrity Information catalyst for the whole supply chain.

33. Following results are possible only & only if organisation goes for Supplychain Priorities:-

Cycle TimePage 3

Page 108: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCMOn Time DeliveryReduce Inventory CostMore Revenue

34. The Appraisal points for market information enriched strategy are :-

JIT Capacity LevelNumber of Stock turnsOrder AmplificationConsumer Habit fluctuation

35. How the average inventory for the stock item is represented?

By 1/2 stockBy 3/4 stockBy 1/4 stockBy 3/8 stock

36. The real benefits of Kanban will not be Available Used Realized Utilizeduntil the auto-industry moves into a mixed production.

37. Most computer peripheral manufacturers have built one plant for major marketplaces like:-

AmericaAsiaEuropeAustralia

38. The levels at which long term decisions are made is :-

StrategicTacticalOperationalManagement

39. A two bin system is not appropriate with many stock items.

TrueFalse

40. MRP typically takes into account the capacity consideration.

TrueFalse

41. ODETTE is not applicable for automobile industry.

TrueFalse

42. In performance scenario, in a simplistic manner provides the continuous totalproductivity management cycle of :-

MeasurementEvaluationPlanningEffectiveness

43. While still maintaining high service level, the objective of supply chainmanager for inventory is to :-

Decrease itMaintain itIncrease itMake Zero

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Page 109: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCM44. In practice, the data items for MPS will have normally same value in eachweek.

TrueFalse

45. What is Supply Chain?

Network of Facility & DistributionNetwork of procurement & Transportation of MaterialNetwork of Intermediate and Finished productsNetwork of Sales And Distribution

46. It is often important to conduct What-if What-when What-how What-requiredanalysis in MRP.

47. Different machines were clustered together to eliminate :

Transportation of itemMovement of workersMovement of toolsTransportation of inspection equipments

48. The box jenkins method requires forecasters to :-

To make judgmentsUse their experienceUse their expert judgmentUse their Knowledge

49. How many levels the supply chain management is divided into ?

ThreeTwoFourFive

50. Products, with highly unpredictable levels of demand, high criticality, musthold high levels of stock and thereby allowing safety margins for :-

DeliveryLead timeDemand FluctuationMarket Potential

51. In the supply chain , Material flows :-

DownstreamUpstreamHorizontallyVertically

52. Marketing, Distribution, planning and Manufacturing along the supply chainoperate :-

IndependentlyInterdependentlyConcurrentlySingularly

1. Modeling 1. Is the tool used test the impact of strategic leveldecision have on supply chain performance.2. Simulation 2. Is used to evaluate the impact of information sharingand Co-Ordination.3. System 3. Is the tool for understanding issues of organizationaldecision making.4. Analytical Solution 4. Is the facility or process of interest.

5. Is the possibility of using mathematical methods toPage 5

Page 110: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCMobtain exact information on question of interest.

6. Is the process by which we try to gain the understandingof how the corresponding system behaves.

54. In order to avoid a stock in a specified period, the quantity required to beordered is :-

135145150125

55. The supply chain management is compared by " Cooper and Ellram" with :-

Relay TeamLong Distance RunnerLong Distance JumperHockey Team

56. If we take chair figures from MPS as chair requirement and to meet thoserequirements, the package will produced a detailed production plan for :-

SeatsBacksLegsChairs

57. In order to meet the guarantee to customer for shipment of notebook PC onsame day as receipt of order, the company has to maintain significant amount ofinventory.

TrueFalse

__________________________________________________________________________________________

Answers:

Multiple Choice Single AnswerQuestion In 1996, the purchase of logistics services by 3PL on behalf of

their client in billion dollars was :-Correct Answer 25Your Answer 25

Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by

which methods?Correct Answer Just in timeYour Answer Master production schedule

Multiple Choice Single AnswerQuestion The alternative strategy to meet the increased demand will be to buy

from subcontractor if it would have been :-Correct Answer At cheaper costYour Answer Faster Supplies

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes

per day of shipmentYour Answer 1770 suppliers , 31 Assemble parts , 10000 parts shipped per day

True/FalseQuestion Total productivity appears the only relevant productivity measure

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Page 111: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCMfor decision making purpose.Correct Answer TrueYour Answer False

Select The BlankQuestion The models that describe operational decisions are often very

________ in nature.Correct Answer SpecificYour Answer Complex

Match The FollowingQuestion Correct Answer Your Answer

Expedition More frequent & flexible delivery may be required for realignment ofprocess More frequent & flexible delivery may not be required for realignment ofprocess

Purchasing More flexible & frequent purchasing operation need to be establishedfor realignment of process More flexible & frequent purchasing operation need tobe established for realignment of process

Manufacturing If the installation of the most expensive components is to bedelayed as much as possible, change in the sequence & timing of manufacturingsteps may be required for realignment of process If the installation of the mostexpensive components is to be delayed as much as possible, change in the sequence& timing of manufacturing steps may be required for realignment of process

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

Select The BlankQuestion Market sales data is the ________ for the whole supply chain.Correct Answer Information catalystYour Answer Competitive Advantage

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for

Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More RevenueYour Answer On Time Delivery , Reduce Inventory Cost , More Revenue

Multiple Choice Multiple AnswerQuestion The Appraisal points for market information enriched strategy are :-

Correct Answer JIT Capacity Level , Number of Stock turns , OrderAmplificationYour Answer JIT Capacity Level , Number of Stock turns , Consumer Habit

fluctuation

Multiple Choice Single AnswerQuestion How the average inventory for the stock item is represented?Correct Answer By 1/2 stockYour Answer By 1/2 stock

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

auto-industry moves into a mixed production.Correct Answer RealizedYour Answer Utilized

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Strategic

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Page 112: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCMTrue/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer True

True/FalseQuestion MRP typically takes into account the capacity consideration.Correct Answer TrueYour Answer False

True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply

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

Multiple Choice Single AnswerQuestion What is Supply Chain?Correct Answer Network of Facility & DistributionYour Answer Network of Intermediate and Finished products

Select The BlankQuestion It is often important to conduct ________ analysis in MRP.Correct Answer What-ifYour Answer What-if

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Movement of workers

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-Correct Answer DownstreamYour Answer Horizontally

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply

chain operate :-Correct Answer IndependentlyYour Answer Concurrently

Match The FollowingQuestion Correct Answer Your Answer

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

Modeling Is the process by which we try to gain the understanding of how thecorresponding system behaves. Is used to evaluate the impact of informationsharing and Co-Ordination.

Simulation Is the tool for understanding issues of organizational decisionmaking. Is the tool used test the impact of strategic level decision have onsupply chain performance.

System Is the facility or process of interest. Is the process by which we try toPage 8

Page 113: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCMgain the understanding of how the corresponding system behaves.

Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with

:-Correct Answer Relay TeamYour Answer Relay Team

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet

those requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook

PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True

Select The BlankQuestion In re-order level approach average stock levels stay more or

________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less

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

mainly based on:-Correct Answer Decision MakingYour Answer DBMS

Multiple Choice Single AnswerQuestion According to Womack & Jones (1996),Who is the Prospective of SCM?Correct Answer Final CustomerYour Answer Final Customer

Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single

integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

True/FalseQuestion Postponement does guarantee win win situation under all circumstance

in spite of cost involved.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply

chain, is known as :-Correct Answer PipelineYour Answer Pipeline

Select The BlankQuestion Indirect cost increases can be caused by changes in the ________ and

distribution process.Correct Answer ProductionYour Answer Production

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Page 114: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCMMultiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle TimeYour Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time ,

Training Cycle Time

Multiple Choice Single AnswerQuestion The cost of oversupply is high in case of highly customized end

products as it is difficult to find for them:-Correct Answer The alternative usesYour Answer The alternative buyers

True/FalseQuestion The information enriched factories are, therefore, able to make an

informed decision at a much earlier point in the time than the factory at the endof the traditional supply chain.Correct Answer TrueYour Answer True

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

creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production

in its existing business?Correct Answer PerformanceYour Answer Sales

Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery

date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time

Multiple Choice Multiple AnswerQuestion In MRP II, the concentration is on planning of the manufacturing

resources like :-Correct Answer People , Machines , StorageYour Answer People , Machines , Storage

True/FalseQuestion The enriching the order decisions with market place information

enables the factory to be much more responsive, since less supply chain Filteringis taking place.Correct Answer TrueYour Answer True

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

key for the effective :-Correct Answer ManagementYour Answer Management

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________

turnover of item.Correct Answer CompareYour Answer Increase

Select The BlankQuestion The integration will make each unit of organization understand how

the action will impact other parts of & enabling it to choose alternative that________ the organization goal.Correct Answer Optimize

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Page 115: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SCMYour Answer Complete

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed

becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability

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Page 116: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through

understanding of the requirement of :-Correct Answer Customer

Your Answer Production

Multiple Choice Single AnswerQuestion Almost 50% of Indian industries are using which of the following

concepts?Correct Answer TQM

Your Answer ERP

Multiple Choice Multiple AnswerQuestion JIT is :-

Correct Answer Top Down system , Centrally organized , Imposed productionsystem

Your Answer Top Down system , Centrally organized , Implementprocurement system

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for

Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue

Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost

Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high

criticality, must hold high levels of stock and thereby allowingsafety margins for :-

Correct Answer Delivery , Lead time , Demand Fluctuation

Your Answer Delivery , Lead time , Demand Fluctuation

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

Correct Answer Strategic

Your Answer Strategic

Page 117: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion In SCM concept, there is no requirement of comparing factory

responses to market place set up input.Correct Answer False

Your Answer True

True/FalseQuestion All movements throughout the factory is controlled by Kanbans,

and since the Kanbans specify item precisely, no defects can betolerated.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for

major market places like:-Correct Answer America , Asia , Europe

Your Answer America , Asia , Europe

Select The BlankQuestion The primary purpose of inventory is to ________ against any

uncertainty that might exist in supply chain.Correct Answer Buffer

Your Answer Buffer

Match The FollowingQuestion Correct Answer Your Answer

Outgoing inventory Is predicted or expectedsales

Is the amount of inventoryon hand at end of planningperiod

Gross Requirement The forecast demand forthe item

Is predicted or expectedsales

Scheduled Receipt Any scheduled receiptfrom previous orders thatare currently beingprocessed

Any scheduled receipt fromprevious orders that arecurrently being processed

On hand inventory Is the amount of inventoryon hand at start ofplanning period

Is the amount of inventoryon hand at start of planningperiod

True/False

Page 118: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question JIT/TQM are the tools for SCM.

Correct Answer True

Your Answer True

True/FalseQuestion In industries where it is particularly difficult to match supply can

benefit the most from implementing a postpone system.Correct Answer True

Your Answer True

True/FalseQuestion Postponement does guarantee win win situation under all

circumstance in spite of cost involved.Correct Answer True

Your Answer True

True/FalseQuestion Backorder means an unfilled customer order.

Correct Answer True

Your Answer True

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

Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

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

capacity data is to see if we are________ production capacity.Correct Answer Exceeding

Your Answer Not meeting

Multiple Choice Single AnswerQuestion How does aggregate plan created by master production

schedule become extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

Page 119: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches aremethods

Which facilitate concisereview & at the same timeattempt to accommodatethe above polarity.

For the most part givenormative models for morestrategic decisions.

Rough cut methods giveguiding policies

For the operationdecisions.

Give guiding policies forstrategic decisions.

Network design methods For the most part givenormative models formore strategic decisions.

For the operationdecisions.

Simulation is the methodby which

A comprehensive supplychain model can beanalyzed.

Give normative models formore operator decisions.

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?

Correct Answer Three

Your Answer Three

Select The BlankQuestion The geographic placement of production facility, stocking points

& sourcing is the ________ step in creating supply chain.Correct Answer First

Your Answer Fifth

Select The BlankQuestion The integration will make each unit of organization understand

how the action will impact other parts of & enabling it to choosealternative that ________ the organization goal.

Correct Answer Optimize

Your Answer Satisfy

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken

lightly, it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing

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

effort to run the system

Select The Blank

Page 120: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question BOMs are structural ________ that changes relativelyinfrequently.

Correct Answer Information

Your Answer Items

Select The BlankQuestion The models that describe operational decisions are often very

________ in nature.Correct Answer Specific

Your Answer Specific

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Intermediate and Finished products

True/FalseQuestion Regardless of how inventory movement is accounted for, it must

be done correctly if accurate inventory records are to beachieved.

Correct Answer True

Your Answer True

Select The BlankQuestion Paper or computer records require time to check ________

against recorder level.Correct Answer Stock

Your Answer Inventory

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

with:-Correct Answer Plants

Your Answer Inventories

Multiple Choice Single AnswerQuestion An example of multiple equation method given in an economic

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

Page 121: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer US

Select The BlankQuestion The recent development within information technology and

software Engineering gives ________ opportunity for Integrationand Co-ordination.

Correct Answer Unprecedented

Your Answer Unbelievable

Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied

by the cost of:-Correct Answer Placing an order

Your Answer Placing an order

Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to

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

Your Answer Production

Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered

are :-Correct Answer Full Regular Time capacity , No over time Planning , No

SubcontractingYour Answer Full Regular Time capacity , No Subcontracting , No Machine

Addition.

Select The BlankQuestion As compared to minimal cost strategy the level strategy is

________.Correct Answer Cheaper

Your Answer Cheaper

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-

Correct Answer Short Term , Medium Term , Long Term

Your Answer Short Term , Medium Term , Long Term

True/False

Page 122: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer True

Your Answer True

Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.

Correct Answer £ 25

Your Answer £ 25

Multiple Choice Multiple AnswerQuestion The inventory control systems are :-

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

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

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

relatively infrequently.Correct Answer True

Your Answer True

Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift

towards ________ of responsibility.Correct Answer Decentralization

Your Answer Delegation

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be

treated as ________.Correct Answer Cost saving centre

Your Answer Cost saving centre

Page 123: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of

the value flow across the :-Correct Answer Supply chain

Your Answer Supply chain

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

Correct Answer Planning Resources Name , Capacity Unit of PlanningResourcing , Capacity Requirement per Product

Your Answer Capacity Unit of Planning Resourcing , Capacity Requirementper Product , Total Number of Planning Resources

Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated

with CBI/DTI ________ sourcing initiative.Correct Answer partnership

Your Answer partnership

Page 124: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1SUPPLY CHAIN MANAGEMENT

Semester IV

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank

Question Suppliers are ________ to JIT business.

Correct Answer Crucial

Your Answer Necessary

Match The Following

Question Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy

Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied

Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery

Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested

Multiple Choice Multiple Answer

Question Following are some of the tools for Supply Chain Measurement :-

Correct Answer Cash to cash cycle time , Supply Chain cycle Time , InventoryReplenishment Cycle Time

Your Answer Cash to cash cycle time , Supply Chain cycle Time , InventoryReplenishment Cycle Time

Multiple Choice Single Answer

Question The result of all the factors is that there is not a singleintegrated plan for the :-

Page 1

Page 125: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Correct Answer Organisation

Your Answer Supply Chain Management

Select The Blank

Question Customer order promised cycle time is gap between the purchase ordercreation and ________.

Correct Answer Requested delivery date

Your Answer Requested delivery date

Multiple Choice Multiple Answer

Question Following are the parameters of Transportation Metrics :-

Correct Answer Transit time , Outbound Freight cost , Freight Cost per unitshipped

Your Answer Transit time , Outbound Freight cost , Freight Cost per unitshipped

True/False

Question The effect of buying discount / price breaks does need to becalculated additionally.

Correct Answer False

Your Answer True

True/False

Question The advantage of using moving average for forecasting is that incalculating the average all the observations are given equal weightage.

Correct Answer True

Your Answer True

True/False

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

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer

Question What are the major steps in cycle counting?

Correct Answer Cycle counting , Control group cycle counting , Random cyclePage 2

Page 126: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1counting

Your Answer Control group cycle counting , Random cycle counting

Multiple Choice Single Answer

Question Total cost of Ownership & direct Product Profitability are focusedat a particular segment of chain intended to be used for :-

Correct Answer Chain wide Management

Your Answer Chain wide Management

Multiple Choice Single Answer

Question The co-ordination between various players in the supply chain is thekey for the effective :-

Correct Answer Management

Your Answer Management

Multiple Choice Single Answer

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

Correct Answer Kanban

Your Answer Kanban

True/False

Question Customer satisfaction through quality must be balanced againstenvironmental impact & strain on the workforce.

Correct Answer True

Your Answer True

Match The Following

Question Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Page 3

Page 127: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1Industrial dynamics Burbidge Van Amstel

Select The Blank

Question We have criteria for ________ forecasts, however generalized theyare.

Correct Answer Distinguishing

Your Answer Comparing

Select The Blank

Question According the example, for minimal cost, the number of initialworkers considered is ________

Correct Answer 10

Your Answer 9

Multiple Choice Single Answer

Question If the demand forecast is more accurate which will result ininventory problems what will be its effect on Inventory Carrying and Orderingcost?

Correct Answer It will be optimized

Your Answer It will be reduced

Multiple Choice Single Answer

Question By not ordering chairs, we reach a stock out by which week in theexample given?

Correct Answer 5

Your Answer 6

Multiple Choice Single Answer

Question Mr. Lunch cross show performance which is filtered down fromcorporate vision as a :-

Correct Answer Pyramid

Your Answer Pyramid

Multiple Choice Single Answer

Question In a traditional informational pipeline supply chain player alwaysreceived order information from :-

Correct Answer ConsumerPage 4

Page 128: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Your Answer Consumer

Multiple Choice Multiple Answer

Question Kanban is :-

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

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

True/False

Question The total cost in minimal cost strategy is £ 63400.

Correct Answer True

Your Answer True

Select The Blank

Question ________ is only the management philosophy which helps organisationto move from one step to another.

Correct Answer Benchmarking

Your Answer Benchmarking

Multiple Choice Single Answer

Question In which technique when applied to the use of numbers inforecasting, vary from high to low?

Correct Answer Qualitative

Your Answer Qualitative

Multiple Choice Multiple Answer

Question In the Japanese concept of total productivity, for output theyembrace :-

Correct Answer Quantity , Quality , Delivery

Your Answer Quality , Delivery , Facilities

Multiple Choice Single Answer

Question If the material requirement plan is accurate, then it results inbetter management of :-

Correct Answer Cash flow

Your Answer ProductionPage 5

Page 129: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Select The Blank

Question Kanban process ________ focuses on the human factors of production.

Correct Answer Indirectly

Your Answer Directly

Multiple Choice Multiple Answer

Question The majority of companies said that using 3 PL services had positiveeffect on :-

Correct Answer Logistic Cost , Customer satisfaction

Your Answer Logistic Cost , Customer satisfaction , Employee Morale

Multiple Choice Single Answer

Question What affects the forecasting of performance levels?

Correct Answer Changing environment

Your Answer Foreseen events

Select The Blank

Question One of the ideas behind JIT is to reduce fixed setup cost & variableholding cost to ________ total cost

Correct Answer Drive down

Your Answer Minimise

True/False

Question Distribution & Warehousing comes under supply chain measurement.

Correct Answer True

Your Answer True

Multiple Choice Multiple Answer

Question The SCM key metrics should be closely aligned to the company'sstrategic objectives. In this measurements usually covers :-

Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer

True/False

Page 6

Page 130: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1Question The impact of indirect cost increase is sometimes not limited to

company implementing postponement, but affects the other players in the supplychain.

Correct Answer True

Your Answer False

Multiple Choice Multiple Answer

Question The changes to be made in supply chain due to problem of longer leadtime is:-

Correct Answer Speed it up , Restructure it , Change co-ordination

Your Answer Speed it up , Restructure it , Change co-ordination

Select The Blank

Question According to Ducker, Customer focus oriented logistics must betreated as ________.

Correct Answer Cost saving centre

Your Answer Cost saving centre

Multiple Choice Multiple Answer

Question The strategic decision in supply chain includes :-

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

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

True/False

Question The economic order quantity is the order quantity that minimizestotal cost.

Correct Answer True

Your Answer True

True/False

Question Backorder means an unfilled customer order.

Correct Answer True

Your Answer False

Select The Blank

Question For the good result, supply chain require to be very ________.Page 7

Page 131: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Correct Answer Transparent

Your Answer Transparent

Select The Blank

Question EOQ is very sensitive to error as long as the magnitude of cost /demand data is ________ accurate.

Correct Answer Reasonably

Your Answer Completely

Multiple Choice Single Answer

Question The most relevant measures for capital input is that of :-

Correct Answer Replacement cost

Your Answer Market value

Multiple Choice Single Answer

Question The mechanism by which material and information flows through supplychain, is known as :-

Correct Answer Pipeline

Your Answer Chainline

Multiple Choice Multiple Answer

Question Fixed quantity systems :-

Correct Answer Can cope well with demand variability , Facilitate lowerstocks , Orders can not be consolidated to secure supplier discounts

Your Answer Are easy to manage , Can cope well with demand variability ,Facilitate lower stocks

Multiple Choice Multiple Answer

Question The media for EDI communication are :-

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

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

Multiple Choice Multiple Answer

Question In the single product example defined for planning into periods,some of the options are :-

Correct Answer Regular time , Hire employees , Fire employeesPage 8

Page 132: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

scm1

Your Answer Regular time , Hire employees , Fire employees

True/False

Question The key point about structural information is that it changesrelatively infrequently.

Correct Answer True

Your Answer True

Page 9

Page 133: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer False

Your Answer False

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

more important capability.Correct Answer Applicability

Your Answer Applicability

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Details

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

creation and ________.Correct Answer Requested delivery date

Your Answer Goods received

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

develop it for their operation only.Correct Answer False

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Order Processing Material Follow-up Material procurement

Order Picking Material Collection Material Collection

Order Consolidation Material Follow-up andCollection

Material Follow-up

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.

Page 134: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-

Correct Answer Agent Based management , Information System , Globalization

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

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

Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Is the tool for understandingissues of organizationaldecision making.

Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Simulation Is the tool for understandingissues of organizationaldecision making.

Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

System Is the facility or process ofinterest.

Is the tool used test the impactof strategic level decision haveon supply chain performance.

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

Correct Answer Audit Trail

Your Answer Audit Trail

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-

Correct Answer Order taking , Purchasing , Manufacturing

Your Answer Order taking , Purchasing , Manufacturing , Distribution

Page 135: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The corporations production Kanban is the card which regulates the

suppliers production kanban.Correct Answer False

Your Answer True

Select The BlankQuestion The exponenti________y smoothed moving average takes into account All

of the previous observations.Correct Answer All

Your Answer Majority

Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed

in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment

Your Answer Adjustment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-

Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero

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

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &

information flow, right from raw material to consumption of finished goods butthe focus is given to :-

Correct Answer End User

Your Answer End User

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

reduce their :-Correct Answer Assets

Your Answer Non Core Activities

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

planning period.Correct Answer Allow

Your Answer Disallow

Page 136: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

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

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

Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-

Correct Answer Use their experience , Use their expert judgment , Use their Knowledge

Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

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

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

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

ordered is :-Correct Answer 135

Your Answer 150

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

order taking employees?Correct Answer Purchasing

Your Answer Logistics

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since

the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most

significant impact?Correct Answer Production

Your Answer Design

Multiple Choice Single Answer

Page 137: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-

Correct Answer MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/FalseQuestion The constant m is called smoothing constant in single exponentially

smoothing.Correct Answer True

Your Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of

item.Correct Answer Compare

Your Answer Predict

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

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

Correct Answer Logistics

Your Answer Distribution

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

Correct Answer True

Your Answer True

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

requirement, JIT has :Correct Answer Reduced / eliminated inventory

Your Answer Reduced / eliminated inventory

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

extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

True/False

Page 138: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic

objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer , EDBMS

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system

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

market served, technology and ________ satisfactionCorrect Answer Stake holder's

Your Answer Customer's

True/FalseQuestion Total productivity appears the only relevant productivity measure for decision

making purpose.Correct Answer True

Your Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the

factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products

Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was

widespread by which year?Correct Answer 1985

Your Answer 1980

Multiple Choice Single Answer

Page 139: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?

Correct Answer Delphi

Your Answer Delphi

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter

has to drive to and obtain a minor part?Correct Answer Queue at supplier end

Your Answer Delay in getting components

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control

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

Your Answer Warehousing , Transportation , Customer Service , Procurement

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

Correct Answer What-if

Your Answer What-if

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its

existing business?Correct Answer Performance

Your Answer Profitability

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total

productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day

Page 140: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the

continuous total productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning

True/FalseQuestion The economic order quantity is the order quantity that minimizes

total cost.Correct Answer True

Your Answer True

Select The BlankQuestion The models that describe operational decisions are often very

________ in nature.Correct Answer Specific

Your Answer Specific

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?

Correct Answer Rail , Ocean , Air

Your Answer Rail , Ocean , Air

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-

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

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

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

Correct Answer Cycle counting , Control group cycle counting , Random cyclecounting

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

Multiple Choice Multiple Answer

Page 141: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer Less Dependability , Reduce Production Facility , Higher LevelsOf Inventory

Your Answer Less Dependability , Reduce Production Facility , Higher LevelsOf Inventory

Multiple Choice Single AnswerQuestion Delaying the component production until shortly before demand

is known, may imply producing in :-Correct Answer Small batches

Your Answer Small batches

Match The FollowingQuestion Correct Answer Your Answer

Planned order release When we need to releasethe planned orders havingregard to lead timerequired

What we will receive eachperiod as a result ofplanned orders

Projected on hand What the inventory levelwill be if we produceaccording to plan above &demand forecast is correct

What we will each periodas a receive of purchasedorders

Projected net requirement What we will need in eachperiod to avoid stock outi.e. the orders that shouldbe placed in order to avoidsuch stock outs

When we need to releasethe planned orders havingregard to lead timerequired

Planned order receipt What we will receive eachperiod as a result ofplanned orders

What we will need in eachperiod to avoid stock outi.e. the orders that shouldbe placed in order to avoidsuch stock outs

Multiple Choice Single AnswerQuestion What was introduced by Toyoto to have a method of controlling

production in new environment?Correct Answer Kanban

Your Answer Kanban

Select The BlankQuestion All of the product, process & infrastructure changes ________

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

Correct Answer Outlined

Page 142: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Given

Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory

for the organization?Correct Answer Common

Your Answer Common

Select The BlankQuestion ________ demand is converted into order information and

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

Correct Answer End Consumer

Your Answer Market

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

Correct Answer True

Your Answer True

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

information system?Correct Answer Major overhaul

Your Answer Major overhaul

Select The BlankQuestion Suppliers are ________ to JIT business.

Correct Answer Crucial

Your Answer Important

Select The BlankQuestion The value of m reflects the weight given to the current

observation in ________ the exponentially smoothed movingaverage for the specified period.

Correct Answer Calculating

Your Answer Finalizing

Page 143: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied

by the cost of:-Correct Answer Placing an order

Your Answer Placing an order

True/FalseQuestion Another aspect of Toyoto production system was reduction of

setup time.Correct Answer True

Your Answer True

True/FalseQuestion If you use only Transport Kanban in Kanban process then it is

known as simple Kanban process.Correct Answer True

Your Answer True

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

Correct Answer False

Your Answer True

True/FalseQuestion Regardless of how inventory movement is accounted for, it must

be done correctly if accurate inventory records are to beachieved.

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion Which of the following is the cost in the supply contract?

Correct Answer Researching & negotiating

Your Answer Researching & negotiating

True/FalseQuestion Logistics covers 90% cost of manufacturing.

Correct Answer False

Page 144: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer True

Select The BlankQuestion As compared to minimal cost strategy the level strategy is

________.Correct Answer Cheaper

Your Answer Simple

Match The FollowingQuestion Correct Answer Your Answer

Towill 1996 1996

Forrester 1960 1947

Amstel 1990 1960

Whiteoak 1994 1990

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

the key for the effective :-Correct Answer Management

Your Answer Management

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

plan for the :-Correct Answer Organisation

Your Answer Organisation

Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-

Correct Answer Modular Organization of work , Multi-skilling , On the job trainingprocedures

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

True/FalseQuestion In industries where it is particularly difficult to match supply can

benefit the most from implementing a postpone system.

Page 145: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion In MRP II, the concentration is on planning of the manufacturing

resources like :-Correct Answer People , Machines , Storage

Your Answer People , Machines , Storage

Select The BlankQuestion BOM can have ________ levels.

Correct Answer Many

Your Answer Two

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

forecasting errors, for which term?Correct Answer Medium

Your Answer Short

Multiple Choice Multiple AnswerQuestion Following are the functions of EDI software :-

Correct Answer Interfacing with VADS , Trading Partner Database , Encryption ofEDI Message

Your Answer Interfacing with VADS , Trading Partner Database , Encryption ofEDI Message

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

known as :-Correct Answer A backorder

Your Answer Reverse order

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of

longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination

Your Answer Speed it up , Restructure it , Change co-ordination

Page 146: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

positive effect on :-Correct Answer Logistic Cost , Customer satisfaction

Your Answer Logistic Cost , Customer satisfaction , Employee Morale

Select The BlankQuestion The purpose of the analysis is to discern some relationship

between Y1 values observed so far in order to ________ us toforecast future values of Y1.

Correct Answer Enable

Your Answer Enable

Multiple Choice Multiple AnswerQuestion EDI agreement Legal Aspects covers :-

Correct Answer Internet cyber law , Time that message will be retained ,Procedure for settling any dispute

Your Answer Time that message will be retained , Procedure for settling anydispute , Legal Jurisdiction for settling dispute

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

capacity data is to see if we are________ production capacity.Correct Answer Exceeding

Your Answer Meeting

Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans

of several plants.Correct Answer Production

Your Answer Supply chain

Multiple Choice Single AnswerQuestion The Combination of integrated & Non-integrated measures may

allow PLAYER in supply chain to assess :-Correct Answer Chain as a whole

Your Answer Chain as a whole

Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to

production of specified quantity in Kanban?

Page 147: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Quantity was not met

Your Answer Quantity was not met

True/FalseQuestion Defects per million opportunities(DPMO) is concept of Four

Sigma.Correct Answer False

Your Answer True

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

Kanban Management system.Correct Answer True

Your Answer False

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

received order information from :-Correct Answer Consumer

Your Answer Wholesaler

Select The BlankQuestion Exponential smoothing can be viewed as forecast

continually________ by the forecast error just made.Correct Answer Updated

Your Answer Improved

Page 148: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONSAND ANSWERS

True/FalseQuestion The total cost in minimal cost

strategy is £ 63400.Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Poka-yoke Means foolproofmachines &method, so asto preventproductionmistake

Means foolproofmachines &method, so as topreventproductionmistake

Andon Means troublelights whichimmediatelysignals toproduction linethat there is aproblem to besolved

Means troublelights whichimmediatelysignals toproduction linethat there is aproblem to besolved

Jikoda Enablingmachines to beautonomous &able toautomaticallydetect defects

Enablingmachines to beautonomous &able toautomaticallydetect defects

Shojinka Means aworkforceflexible enoughto cope withchanges inproduction &using differentmachines

Means aworkforceflexible enoughto cope withchanges inproduction &using differentmachines

Multiple Choice Single AnswerQuestion As per the cost information, the

lot for lot rule can be derived forwhich particular item?

Correct Answer Least costly

Your Answer Economic one

Page 149: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Match The FollowingQuestion Correct Answer Your Answer

OrderProcessing

Material Follow-up

MaterialProcessing andSupply

Order Picking MaterialCollection

Material Follow-up andCollection

OrderConsolidation

Material Follow-up andCollection

Materialprocurement

Select The BlankQuestion All of the product, process &

infrastructure changes ________will have an impact on theknowledge & skills theemployees will need to posses.

Correct Answer Outlined

Your Answer Detailed

True/FalseQuestion Inventory Turns means turns

over per year for inventoryprocurement.

Correct Answer True

Your Answer True

True/FalseQuestion A two bin system is not

appropriate with many stockitems.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Key indicators on which

Japanese concentrate theirefforts on continuousimprovement Kaizen are :-

Correct Answer Quality , Price , Delivery

Page 150: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Quality , Price , Delivery

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-

Correct Answer Short Term , Medium Term ,Long Term

Your Answer Short Term , Medium Term ,Long Term

True/FalseQuestion ODETTE is not applicable for

automobile industry.Correct Answer False

Your Answer False

Multiple Choice Single AnswerQuestion The location decision in supply

chain entities are concernedwith:-

Correct Answer Plants

Your Answer Transportation

Multiple Choice Single AnswerQuestion An example of multiple equation

method given in an economicmodel is the treasury model ofwhich economy?

Correct Answer UK

Your Answer UK

True/FalseQuestion For a fixed time re-order cycle

system, the time at risk is re-order lead time plus the re-ordercycle time.

Correct Answer True

Your Answer True

True/FalseQuestion By going beyond internal supply

chain & including externalsuppliers and customers doesnot expose opportunities for

Page 151: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

improving internal operations.

Correct Answer False

Your Answer False

Select The BlankQuestion One of the ideas behind JIT is to

reduce fixed setup cost &variable holding cost to________ total cost

Correct Answer Drive down

Your Answer Reduce

Multiple Choice Single AnswerQuestion In 1996, the purchase of logistics

services by 3PL on behalf of theirclient in billion dollars was :-

Correct Answer 25

Your Answer 25

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a

task that can't be undertakenlightly, it will be expensive interms of :-

Correct Answer Management & effort , Initialimplementation , The continuingeffort to run the system

Your Answer Management & effort , Initialimplementation , The continuingeffort to run the system

Multiple Choice Multiple AnswerQuestion The changes to be made in

supply chain due to problem oflonger lead time is:-

Correct Answer Speed it up , Restructure it ,Change co-ordination

Your Answer Speed it up , Restructure it ,Change co-ordination

Select The BlankQuestion The third party providers who can

________ the need of transitionfrom their focus on productoriented services to newstrategies like long term business

Page 152: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

partnerships will most likely enjoylong term success.

Correct Answer Meet

Your Answer Arrange

True/FalseQuestion In practice, the data items for

MPS will have normally samevalue in each week.

Correct Answer False

Your Answer True

Select The BlankQuestion The overtime cost per hour is

________ in minimal coststrategy.

Correct Answer £ 25

Your Answer £ 25

Multiple Choice Single AnswerQuestion The levels at which long term

decisions are made is :-Correct Answer Strategic

Your Answer Strategic

True/FalseQuestion MRP package can be used to

examine, meeting thepredetermined productionschedule for chairs.

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Facility & Distribution

Multiple Choice Multiple Answer

Page 153: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Following are the parameters ofTransportation Metrics :-

Correct Answer Transit time , Outbound Freightcost , Freight Cost per unitshipped

Your Answer Transit time , Outbound Freightcost , Freight Cost per unitshipped

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning

and Manufacturing along thesupply chain operate :-

Correct Answer Independently

Your Answer Independently

Multiple Choice Single AnswerQuestion In the supply chain , Material

flows :-Correct Answer Downstream

Your Answer Downstream

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

Correct Answer Scheduled receipt , Projected netrequired , Planned order Release, Projected sales

Your Answer Scheduled receipt , Projected netrequired , Planned order Release, Projected sales

Multiple Choice Multiple AnswerQuestion Risk a stock out can be faced

because of :-Correct Answer Delay in resupply , Higher than

anticipated usage , Unpredictabledemand

Your Answer Delay in resupply , Higher thananticipated usage , Unpredictabledemand

Select The BlankQuestion The cheapest solution is to

simply ________ backorders tobuilt up over the planning period.

Correct Answer Allow

Page 154: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Let

Multiple Choice Single AnswerQuestion In the field of IT enabled Supply

Chain, "TPS" means:-Correct Answer Transaction Processing system

Your Answer Transaction Processing system

Multiple Choice Single AnswerQuestion How does aggregate plan

created by master productionschedule become extremelydetailed plan?

Correct Answer MRP translates it

Your Answer MRP translates it

Multiple Choice Multiple AnswerQuestion In the Japanese concept of total

productivity, for output theyembrace :-

Correct Answer Quantity , Quality , Delivery

Your Answer Quantity , Quality , Delivery

Select The BlankQuestion By being able to postpone the

production to the point where________ is better known, thecompany can greatly improve itsforecasting abilities.

Correct Answer Demand

Your Answer Needs

Select The BlankQuestion Category C items are relatively

unimportant inventory items &are responsible for ________%of inventory cost.

Correct Answer 5

Your Answer 5

Multiple Choice Multiple Answer

Page 155: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The inventory control systemsare :-

Correct Answer Two bin , Re-order cycle , Annualdemand

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

Multiple Choice Single AnswerQuestion How many levels the supply

chain management is divided into?

Correct Answer Three

Your Answer Three

Select The BlankQuestion ________ is only the

management philosophy whichhelps organisation to move fromone step to another.

Correct Answer Benchmarking

Your Answer Benchmarking

True/FalseQuestion General Co-ordination is the

integration of different function,i.e. production planning,purchasing, sales anddistribution.

Correct Answer True

Your Answer False

Multiple Choice Single AnswerQuestion Which is the tool Available with

the industry to learn the businessoutside to plan the policy forsuccess?

Correct Answer Benchmarking

Your Answer TQM

Multiple Choice Single AnswerQuestion In the Supply Chain approach the

example for the Individual set ofBusiness activities is the :-

Correct Answer Logistics Activities

Page 156: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Logistics Activities

Multiple Choice Single AnswerQuestion The co-ordination between

various players in the supplychain is the key for the effective:-

Correct Answer Management

Your Answer Operation

Multiple Choice Single AnswerQuestion While still maintaining high

service level, the objective ofsupply chain manager forinventory is to :-

Correct Answer Decrease it

Your Answer Make Zero

Multiple Choice Single AnswerQuestion Spares stationery, consumable

etc. are what type of inventory forthe organization?

Correct Answer Common

Your Answer Common

Select The BlankQuestion ODETTE an EDI Format is

developed & used by________motor Industry.

Correct Answer European

Your Answer European

True/FalseQuestion The measures suggested by

Balloy have limited application,mainly at the strategic rather thatoperational level.

Correct Answer False

Your Answer False

Multiple Choice Multiple Answer

Page 157: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The factors likely to generatefuture business are :-

Correct Answer Integrated Logistics Function ,Expertise In Information System

Your Answer Integrated Logistics Function ,Expertise In Information System ,Specialized Logistics Function

Page 158: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer False

Your Answer False

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

more important capability.Correct Answer Applicability

Your Answer Applicability

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Details

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

creation and ________.Correct Answer Requested delivery date

Your Answer Goods received

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

develop it for their operation only.Correct Answer False

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Order Processing Material Follow-up Material procurement

Order Picking Material Collection Material Collection

Order Consolidation Material Follow-up andCollection

Material Follow-up

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.

Page 159: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-

Correct Answer Agent Based management , Information System , Globalization

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

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

Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Is the tool for understandingissues of organizationaldecision making.

Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Simulation Is the tool for understandingissues of organizationaldecision making.

Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

System Is the facility or process ofinterest.

Is the tool used test the impactof strategic level decision haveon supply chain performance.

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

Correct Answer Audit Trail

Your Answer Audit Trail

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-

Correct Answer Order taking , Purchasing , Manufacturing

Your Answer Order taking , Purchasing , Manufacturing , Distribution

Page 160: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The corporations production Kanban is the card which regulates the

suppliers production kanban.Correct Answer False

Your Answer True

Select The BlankQuestion The exponenti________y smoothed moving average takes into account All

of the previous observations.Correct Answer All

Your Answer Majority

Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed

in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment

Your Answer Adjustment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-

Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero

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

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &

information flow, right from raw material to consumption of finished goods butthe focus is given to :-

Correct Answer End User

Your Answer End User

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

reduce their :-Correct Answer Assets

Your Answer Non Core Activities

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

planning period.Correct Answer Allow

Your Answer Disallow

Page 161: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

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

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

Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-

Correct Answer Use their experience , Use their expert judgment , Use their Knowledge

Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

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

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

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

ordered is :-Correct Answer 135

Your Answer 150

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

order taking employees?Correct Answer Purchasing

Your Answer Logistics

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since

the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most

significant impact?Correct Answer Production

Your Answer Design

Multiple Choice Single Answer

Page 162: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-

Correct Answer MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/FalseQuestion The constant m is called smoothing constant in single exponentially

smoothing.Correct Answer True

Your Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of

item.Correct Answer Compare

Your Answer Predict

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

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

Correct Answer Logistics

Your Answer Distribution

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

Correct Answer True

Your Answer True

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

requirement, JIT has :Correct Answer Reduced / eliminated inventory

Your Answer Reduced / eliminated inventory

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

extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

True/False

Page 163: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic

objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer , EDBMS

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system

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

market served, technology and ________ satisfactionCorrect Answer Stake holder's

Your Answer Customer's

True/FalseQuestion Total productivity appears the only relevant productivity measure for decision

making purpose.Correct Answer True

Your Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the

factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products

Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was

widespread by which year?Correct Answer 1985

Your Answer 1980

Multiple Choice Single Answer

Page 164: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?

Correct Answer Delphi

Your Answer Delphi

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter

has to drive to and obtain a minor part?Correct Answer Queue at supplier end

Your Answer Delay in getting components

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control

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

Your Answer Warehousing , Transportation , Customer Service , Procurement

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

Correct Answer What-if

Your Answer What-if

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its

existing business?Correct Answer Performance

Your Answer Profitability

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total

productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day

Multiple Choice Single Answer

Page 165: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question What is the meaning of EDIFACT ?

Correct Answer Electronic Data Interchanged for Administration , Commerce &Transport

Your Answer Electronic Data Interchanged for Administration , CorporateTechnology

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with

disruption.Correct Answer Contingency

Your Answer Improvement

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most

significant impact?Correct Answer Production

Your Answer Design

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersedeX 12 , Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersedeX 12 , Promoted as world ADI Standard

Multiple Choice Single AnswerQuestion What is required to facilitate logistics process of quickly moving

material on numerous work stations on the production line?Correct Answer Clean & well organized environment

Your Answer Good material movement system

Select The BlankQuestion Once we have all the information we should be able to ________ in

terms of when to place order with suppliers.Correct Answer Calculate

Your Answer Prepare

Multiple Choice Single AnswerQuestion The cost of oversupply is high in case of highly customized end

products as it is difficult to find for them:-Correct Answer The alternative uses

Your Answer The alternative suppliers

Multiple Choice Single Answer

Page 166: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The American National standards which are developed for replacingvarious sector standards is known as:-

Correct Answer ANSI X 12

Your Answer ANSI X 12

Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-

Correct Answer How many centers to have? , Location of centres , Size of centres

Your Answer Location of centres , Size of centres , To which GM plant centres willsend?

Match The FollowingQuestion Correct Answer Your Answer

The impact of postponementof coloration until thecustomer uses the product

Significant value wascreated in value chain &manufacturing cost & safetystock both decreased

Carry out more varietywithout increasing inventory

The impact of postponementin case of PC company

Inventory was cut to half Carry out more variety byslightly increasing inventory

The impact of postponementof customization of printer toDC areas

Decrease in inventory madeup for the increased cost increating some assemblyfunction at DC level

Decrease in inventory madeup for the increased cost increating some assemblyfunction at DC level

The impact of postponementin RPAG

Carry out more varietywithout increasing inventory

Significant value was createdin value chain & safety stockalso decreases partially

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

received order information from :-Correct Answer Consumer

Your Answer Distributor

Multiple Choice Single AnswerQuestion The term productivity is often ill-defined but basically, it's measurement

is that of a prescribed output to the resources :-Correct Answer Consumed

Your Answer Used

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

Correct Answer Downstream

Your Answer Downstream

Page 167: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five

years.Correct Answer False

Your Answer False

Multiple Choice Single AnswerQuestion In the current business scenario Indian organisations require to

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

Your Answer Business Analysis

True/FalseQuestion In an ideal world we would like a forecasting method for which all

errors are near zero.Correct Answer False

Your Answer True

Select The BlankQuestion Simple method for Time series forecasting is to take a ________

Average.Correct Answer Moving

Your Answer Non Weighted Moving

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

Correct Answer Manufacturing Practices , Supply Chain Management , InventoryLevels and Distribution Capabilities

Your Answer Distribution Network , Supply Chain Management , Inventory Levelsand Distribution Capabilities

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

as ________.Correct Answer Cost saving centre

Your Answer Policy Matter

Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5,

60 in week 6 then the requirement of seats are :-Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4

Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4

Select The Blank

Page 168: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The realistic ________ demonstrate the benefits of a holistic view ofsupply chain information flow.

Correct Answer Simulation Model

Your Answer Simulation Model

Select The BlankQuestion The mode choice aspect of transport decisions are more ________

ones, as they are closely linked with inventory decision.Correct Answer Strategic

Your Answer Locational

Select The BlankQuestion From the output by MRP package for chairs in the example, we are

advised to place an order for ________ legs in week 2.Correct Answer Overhead

Your Answer Overhead

True/FalseQuestion The constraints in multiple equation methods will probably be different

for different groups.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to

production of specified quantity in Kanban?Correct Answer Quantity was not met

Your Answer Quantity was made by replacing defective component

Select The BlankQuestion ________ is activity which is outsourced by most of Indian companies.

Correct Answer Warehousing

Your Answer Billing

Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?

Correct Answer Pressure For the Change , Shared Vision , Capacity for Change

Your Answer Shared Vision , Capacity for Change , Outbound Training

Select The BlankQuestion Kanban process ________ focuses on the human factors of

production.

Page 169: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Indirectly

Your Answer Indirectly

True/FalseQuestion It would be impossible to find the minimum cost solution manually.

Correct Answer True

Your Answer False

True/FalseQuestion All forecasting methods require complex calculations and therefore are

ideally suited to be done by a computer.Correct Answer False

Your Answer True

Multiple Choice Multiple AnswerQuestion In SCM metrics, Training means :-

Correct Answer Inhouse training , APICS Membership , Certification Training

Your Answer Inhouse training , APICS Membership , Certification Training

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

from external or internal suppliersCorrect Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5,

60 in week 6 then the requirement of backs are :-Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4

Your Answer 60 in week 4

Select The BlankQuestion If demand is known & steady, then ________ inventory can be

estimated.Correct Answer Average

Your Answer Final

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

and customers does not expose opportunities for improving internaloperations.

Page 170: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer False

Your Answer True

Multiple Choice Multiple AnswerQuestion The competitive priorities in operations strategy are :-

Correct Answer Cost , Quality , Time

Your Answer Cost , Quality , Time

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

Correct Answer Stock acquisition

Your Answer Stock acquisition

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches aremethods

Which facilitate concisereview & at the same timeattempt to accommodate theabove polarity.

Give guiding policies forstrategic decisions.

Rough cut methods giveguiding policies

For the operation decisions. Give normative models formore operator decisions.

Network design methods For the most part givenormative models for morestrategic decisions.

A comprehensive supplychain model can beanalyzed.

Simulation is the method bywhich

A comprehensive supplychain model can beanalyzed.

For the most part givenormative models for morestrategic decisions.

True/FalseQuestion Retailers are not interested in low stock run.

Correct Answer True

Your Answer False

Select The BlankQuestion ________ is only the management philosophy which helps

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

Your Answer Push Base system

Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-

Page 171: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Your Answer Production & warehouse premises , Production equipment , Supplies

Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace

inventory of :-Correct Answer Manufacturers , Suppliers , Customers

Your Answer Manufacturers , Suppliers , Distributors

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?

Correct Answer To provide for cause , To provide for corrective action , To provide forfuture action

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

Multiple Choice Multiple AnswerQuestion The problems faced by the HP DCs due to traditional system were :-

Correct Answer Large finished goods inventory , Additional stock to handle all theproduct proliferation , Increasing emphasize placed on speed

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

True/FalseQuestion For a fixed time re-order cycle system, the time at risk is re-order lead

time plus the re-order cycle time.Correct Answer True

Your Answer False

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

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

Your Answer False

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &

information flow, right from raw material to consumption of finishedgoods but the focus is given to :-

Correct Answer End User

Your Answer End User

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

Page 172: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Components

Your Answer Raw Materials

Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final

production is reported, is known as :-Correct Answer Manufacturing Cycle Time

Your Answer Manufacturing Cycle Time

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

week corresponds to what type of stock in the case of unforeseendemand?

Correct Answer Safety

Your Answer Safety

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

sell leftover products following year.Correct Answer True

Your Answer True

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

information system?Correct Answer Major overhaul

Your Answer Major overhaul

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

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

Your Answer Warehousing , Transportation , Customer Service

Select The BlankQuestion Paper or computer records require time to check ________

against recorder level.Correct Answer Stock

Your Answer Availability

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-

Page 173: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

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

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

the organization?Correct Answer Common

Your Answer Common

Select The BlankQuestion One of the factors behind Japanese success story as geographic

proximity and that suppliers are often ________ around the majorcustomers.

Correct Answer Clustered

Your Answer Scattered

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from

postponement, experiences a radically different picture in theirbusiness like :-

Correct Answer Demand with little or no uncertainty , Low value of short time tomarket , Low product proliferation

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

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

performance?Correct Answer Statistics is generated

Your Answer Statistics is generated

Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost

strategy.Correct Answer £ 500

Your Answer £ 475

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

business so as to avoid this, which of the following is required?Correct Answer TQM & JIT

Your Answer FMCG

True/False

Page 174: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Distribution & Warehousing comes under supply chainmeasurement.

Correct Answer True

Your Answer True

True/FalseQuestion The enriching the order decisions with market place information

enables the factory to be much more responsive, since lesssupply chain Filtering is taking place.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?

Correct Answer Rail , Ocean , Air

Your Answer Rail , Ocean , Air

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

the key for the effective :-Correct Answer Management

Your Answer Management

Multiple Choice Single AnswerQuestion It is the requirement of Enriched supply chain players to cope up

with :-Correct Answer Rapidly changing order rates

Your Answer Inventory control

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

plan for the :-Correct Answer Organisation

Your Answer Supply Chain Management

Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for

productivity and performance analysis is required for :-Correct Answer Logistics management

Your Answer Logistics management

Multiple Choice Single Answer

Page 175: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Holding costs are expressed as a % of stock values. What is thepercentage?

Correct Answer 15% - 30%

Your Answer 20% - 30%

True/FalseQuestion The measures suggested by Balloy have limited application,

mainly at the strategic rather that operational level.Correct Answer False

Your Answer True

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The BlankQuestion The fire in 1997 forced Toyoto to embark upon review of

________ that were sourced from single supplier.Correct Answer Components

Your Answer Raw Materials

Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final

production is reported, is known as :-Correct Answer Manufacturing Cycle Time

Your Answer Manufacturing Cycle Time

Select The BlankQuestion The geographic placement of production facility, stocking

points & sourcing is the ________ step in creating supplychain.

Correct Answer First

Your Answer First

True/FalseQuestion Regardless of how inventory movement is accounted for, it

must be done correctly if accurate inventory records are to beachieved.

Correct Answer True

Your Answer True

Select The BlankQuestion The basic operators framework ________ that there is a link

between capabilities & strategy on one hand & capabilities &resources & infrastructure on the other hand.

Page 176: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Implies

Your Answer Implies

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

company's strategic objectives. In this measurements usuallycovers :-

Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of

longer lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination

Your Answer Speed it up , Restructure it , Change co-ordination

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

Correct Answer True

Your Answer True

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

________ more transparent with risks Often being hiddeninitially.

Correct Answer Often

Your Answer Mostly

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

plans of several plants.Correct Answer Production

Your Answer Distribution

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

auto-industry moves into a mixed production.Correct Answer Realized

Your Answer Utilized

True/False

Page 177: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Defects per million opportunities(DPMO) is concept of FourSigma.

Correct Answer False

Your Answer True

True/FalseQuestion The economic order quantity is the order quantity that

minimizes total cost.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion EDI agreement Legal Aspects covers :-

Correct Answer Internet cyber law , Time that message will be retained ,Procedure for settling any dispute

Your Answer Time that message will be retained , Procedure for settlingany dispute , Legal Jurisdiction for settling dispute

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

particularly suited to Japanese mentality.Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Product Champion Andraski Poul Jonh

Pull & Push conceptdiscussion

Hoeskstra & Romme Andraski

Simulation Model Sterman Glazer

Player concept Forrester(1960) Forrester(1960)

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

into ?Correct Answer Three

Your Answer Four

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

non optimal stocking levels.Correct Answer True

Page 178: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer True

Select The BlankQuestion The enrichment mechanism is an ________ point of sales

link.Correct Answer Electronic

Your Answer Critical

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

Correct Answer Strategic

Your Answer Management

Match The FollowingQuestion Correct Answer Your Answer

Other Unit productioncost

The cost of production ofone unit of the productthat is not accounted inemployee cost.

The cost of holding oneunit in stock at the end ofeach Month.

Hiring cost The cost of hiring anemployee.

The cost of hiring anemployee.

Unit inventory holdingcost

The cost of holding oneunit in stock at the end ofeach period.

The cost of production ofone unit of the productthat is not accounted inemployee cost.

Unit subcontracting cost The cost of each unitbought from externalsource.

The cost of holding oneunit procured fromexternal source at the endof each period.

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Facility & Distribution

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the

supply chain operate :-Correct Answer Independently

Your Answer Independently

Multiple Choice Single Answer

Page 179: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The supply chain management is compared by " Cooper andEllram" with :-

Correct Answer Relay Team

Your Answer Long Distance Runner

Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-

Correct Answer Modular Organization of work , Multi-skilling , On the jobtraining procedures

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

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of

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

Your Answer Decrease it

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

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

Correct Answer Safety

Your Answer Safety

True/FalseQuestion The marketing effort is somewhat restricted by the necessity

to sell leftover products following year.Correct Answer True

Your Answer True

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

information system?Correct Answer Major overhaul

Your Answer Major overhaul

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

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

Your Answer Warehousing , Transportation , Customer Service

Select The Blank

Page 180: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Paper or computer records require time to check ________against recorder level.

Correct Answer Stock

Your Answer Availability

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-

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

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

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

inventory for the organization?Correct Answer Common

Your Answer Common

Select The BlankQuestion One of the factors behind Japanese success story as

geographic proximity and that suppliers are often ________around the major customers.

Correct Answer Clustered

Your Answer Scattered

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from

postponement, experiences a radically different picture intheir business like :-

Correct Answer Demand with little or no uncertainty , Low value of short timeto market , Low product proliferation

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

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

performance?Correct Answer Statistics is generated

Your Answer Statistics is generated

Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost

strategy.Correct Answer £ 500

Your Answer £ 475

Page 181: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

business so as to avoid this, which of the following isrequired?

Correct Answer TQM & JIT

Your Answer FMCG

True/FalseQuestion Distribution & Warehousing comes under supply chain

measurement.Correct Answer True

Your Answer True

True/FalseQuestion The enriching the order decisions with market place

information enables the factory to be much more responsive,since less supply chain Filtering is taking place.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?

Correct Answer Rail , Ocean , Air

Your Answer Rail , Ocean , Air

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

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

Your Answer Management

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

up with :-Correct Answer Rapidly changing order rates

Your Answer Inventory control

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single

integrated plan for the :-Correct Answer Organisation

Your Answer Supply Chain Management

Page 182: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for

productivity and performance analysis is required for :-Correct Answer Logistics management

Your Answer Logistics management

Multiple Choice Single AnswerQuestion Holding costs are expressed as a % of stock values. What is

the percentage?Correct Answer 15% - 30%

Your Answer 20% - 30%

True/FalseQuestion The measures suggested by Balloy have limited application,

mainly at the strategic rather that operational level.Correct Answer False

Your Answer True

Page 183: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

SUPPLY CHAIN MANAGEMENTSemester IV

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain

Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery

Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult to forecast on product

basis :-Correct Answer The demandYour Answer The demand

Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with :-Correct Answer Relay TeamYour Answer Relay Team

True/FalseQuestion All forecasting methods require complex calculations and therefore are ideally suited to

be done by a computer.Correct Answer FalseYour Answer True

True/FalseQuestion The measures suggested by Balloy have limited application, mainly at the strategic

rather that operational level.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven, coordinated with actual

customer demand?Correct Answer Pull Base SystemYour Answer Push Base system

Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

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Page 184: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.Correct Answer FalseYour Answer False

Select The BlankQuestion In the MRP package referred in the example, the entry of capacity data is to see if we

are________ production capacity.Correct Answer ExceedingYour Answer Not meeting

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed

times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable

supplyYour Answer Safety stock , Operational responsiveness , Level of risk involved given variable

supply

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical

Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time

Select The BlankQuestion One of the factors behind Japanese success story as geographic proximity and that

suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in

terms of :-Correct Answer Management & effort , Initial implementation , The continuing effort to run the

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

system

Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the company to realize

their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately

True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False

Multiple Choice Single Answer

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Page 185: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question To provide an adequate support what will be need to do with information system?Correct Answer Major overhaulYour Answer Major overhaul

Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used , coding system

Multiple Choice Single AnswerQuestion The Data required for the IT application in the field of SCM is mainly based on:-Correct Answer Decision MakingYour Answer Data Structure

Match The FollowingQuestion Correct Answer Your Answer

Manager participation in SCM activity 0.16 0.16

Director/GM participation in SCM activity 0.28 0.28

Vice President participation in SCM activity 0.17 0.17

President participation in SCM activity 0.14 0.14

True/FalseQuestion In the supply chain, a team of four player, retailer, distributor, warehouse, factory is

require to get involved for the success.Correct Answer TrueYour Answer True

True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely

detailed plan?Correct Answer MRP translates itYour Answer MRP translates it

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those requirements,

the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

Multiple Choice Single AnswerQuestion Spares stationery, consumable etc. are what type of inventory for the organization?Correct Answer CommonYour Answer Common

Multiple Choice Multiple Answer

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Page 186: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term

True/FalseQuestion The globalization of supply chain does not change the requirement within supply chain

management.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

True/FalseQuestion If the supply chain do not track uncertainties than it leads to non optimal stocking levels.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?Correct Answer To provide for cause , To provide for corrective action , To provide for future

actionYour Answer Measure the level of conformance to expectable , To provide for cause , To provide

for corrective action

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement, experiences a

radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low

product proliferationYour Answer Low value of short time to market , Low product proliferation , Medium inventory

value

Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators

can be formulated to relate main process of Logistics to the major long term goals.Correct Answer LogisticsYour Answer Distribution

True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type of Average squared

error?Correct Answer LowestYour Answer Zero

Select The BlankQuestion The indirect cost increase has the consequent ________ the infrastructure & resources.Correct Answer Impacts on

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Page 187: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Effects on

Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996

Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are

Less responsive to change in demand.Correct Answer LessYour Answer Less

Match The FollowingQuestion Correct Answer Your Answer

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

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

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

ABC Analysis Can be used to classify stock groups Can be used to classify stock groups

Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order

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

levels

Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by which methods?Correct Answer Just in timeYour Answer Just in time

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook PC on same day as

receipt of order, the company has to maintain significant amount of inventory.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be

reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering / holding cost can be

reduced , Continuous improvement always striving to improve

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes more

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Page 188: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

important capability.Correct Answer ApplicabilityYour Answer Applicability

Select The BlankQuestion Japanese logistics performance and its ________ are paramount priorities in their

business environment.Correct Answer EffectivenessYour Answer Effectiveness

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.Correct Answer ContingencyYour Answer Contingency

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Page 189: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary

Match The FollowingQuestion Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy

Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied

Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery

Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested

Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle Time

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single

integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

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

creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date

Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit

shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit

shipped

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

calculated additionally.Correct Answer FalseYour Answer True

True/FalseQuestion The advantage of using moving average for forecasting is that in

calculating the average all the observations are given equal weightage.Correct Answer TrueYour Answer True

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

Page 1

Page 190: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle

countingYour Answer Control group cycle counting , Random cycle counting

Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused

at a particular segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management

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

key for the effective :-Correct Answer ManagementYour Answer Management

Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant

of the following?Correct Answer KanbanYour Answer Kanban

True/FalseQuestion Customer satisfaction through quality must be balanced against

environmental impact & strain on the workforce.Correct Answer TrueYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Industrial dynamics Burbidge Van Amstel

Select The BlankQuestion We have criteria for ________ forecasts, however generalized they

are.Correct Answer DistinguishingYour Answer Comparing

Select The BlankQuestion According the example, for minimal cost, the number of initial

workers considered is ________Correct Answer 10Your Answer 9

Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in

inventory problems what will be its effect on Inventory Carrying and Orderingcost?Correct Answer It will be optimizedYour Answer It will be reduced

Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the

example given?Correct Answer 5

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Page 191: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1Your Answer 6

Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from

corporate vision as a :-Correct Answer PyramidYour Answer Pyramid

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

received order information from :-Correct Answer ConsumerYour Answer Consumer

Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the

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

of item through the production process , A push process

True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True

Select The BlankQuestion ________ is only the management philosophy which helps organisation

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

Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in

forecasting, vary from high to low?Correct Answer QualitativeYour Answer Qualitative

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

embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities

Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in

better management of :-Correct Answer Cash flowYour Answer Production

Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly

Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive

effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale

Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events

Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable

Page 3

Page 192: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1holding cost to ________ total costCorrect Answer Drive downYour Answer Minimise

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's

strategic objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer

True/FalseQuestion The impact of indirect cost increase is sometimes not limited to

company implementing postponement, but affects the other players in the supplychain.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead

time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be

treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them ,

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

Allocation of Suppliers to plants

True/FalseQuestion The economic order quantity is the order quantity that minimizes

total cost.Correct Answer TrueYour Answer True

True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False

Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent

Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost /

demand data is ________ accurate.Correct Answer ReasonablyYour Answer Completely

Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value

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Page 193: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 1Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply

chain, is known as :-Correct Answer PipelineYour Answer Chainline

Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower

stocks , Orders can not be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability ,

Facilitate lower stocks

Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link

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

Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods,

some of the options are :-Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees

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

relatively infrequently.Correct Answer TrueYour Answer True

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Page 194: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for

Supply chain Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery

Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult

to forecast on product basis :-Correct Answer The demandYour Answer The demand

Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with

:-Correct Answer Relay TeamYour Answer Relay Team

True/FalseQuestion All forecasting methods require complex calculations and therefore

are ideally suited to be done by a computer.Correct Answer FalseYour Answer True

True/FalseQuestion The measures suggested by Balloy have limited application, mainly at

the strategic rather that operational level.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven,

coordinated with actual customer demand?Correct Answer Pull Base SystemYour Answer Push Base system

Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.

Correct Answer FalseYour Answer False

Select The BlankQuestion In the MRP package referred in the example, the entry of capacity

data is to see if we are________ production capacity.Correct Answer ExceedingYour Answer Not meeting

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and

variable quantity at fixed times has implications for :-Page 1

Page 195: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2Correct Answer Safety stock , Operational responsiveness , Level of risk

involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk

involved given variable supply

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical

Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery

date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time

Select The BlankQuestion One of the factors behind Japanese success story as geographic

proximity and that suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly,

it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing

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

effort to run the system

Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the

company to realize their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately

True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False

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

information system?Correct Answer Major overhaulYour Answer Major overhaul

Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network

that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used ,

coding system

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

mainly based on:-Correct Answer Decision MakingYour Answer Data Structure

Match The FollowingQuestion Correct Answer Your Answer

Manager participation in SCM activity 0.16 0.16

Director/GM participation in SCM activity 0.28 0.28

Vice President participation in SCM activity 0.17 0.17Page 2

Page 196: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2

President participation in SCM activity 0.14 0.14

True/FalseQuestion In the supply chain, a team of four player, retailer, distributor,

warehouse, factory is require to get involved for the success.Correct Answer TrueYour Answer True

True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True

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

extremely detailed plan?Correct Answer MRP translates itYour Answer MRP translates it

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet

those requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

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

the organization?Correct Answer CommonYour Answer Common

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term

True/FalseQuestion The globalization of supply chain does not change the requirement

within supply chain management.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look

at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation

IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation

Index

True/FalseQuestion If the supply chain do not track uncertainties than it leads to non

optimal stocking levels.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle

counting?Correct Answer To provide for cause , To provide for corrective action , To

provide for future actionYour Answer Measure the level of conformance to expectable , To provide for

cause , To provide for corrective action

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement,

Page 3

Page 197: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2experiences a radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time

to market , Low product proliferationYour Answer Low value of short time to market , Low product proliferation ,

Medium inventory value

Select The BlankQuestion A further development of ________ performance measures is that a

matrix of indicators can be formulated to relate main process of Logistics to themajor long term goals.Correct Answer LogisticsYour Answer Distribution

True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type

of Average squared error?Correct Answer LowestYour Answer Zero

Select The BlankQuestion The indirect cost increase has the consequent ________ the

infrastructure & resources.Correct Answer Impacts onYour Answer Effects on

Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996

Select The BlankQuestion In re-order level approach average stock levels stay more or

________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less

Match The FollowingQuestion Correct Answer Your Answer

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

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

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

ABC Analysis Can be used to classify stock groups Can be used to classify stockgroups

Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal

Level of Order QuantityYour Answer Setting Safety Stock level , Optimal Level of Order Quantity ,

Setting of production levels

Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by

which methods?Page 4

Page 198: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply chain Management 2Correct Answer Just in timeYour Answer Just in time

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook

PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering /

holding cost can be reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering /

holding cost can be reduced , Continuous improvement always striving to improve

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed

becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability

Select The BlankQuestion Japanese logistics performance and its ________ are paramount

priorities in their business environment.Correct Answer EffectivenessYour Answer Effectiveness

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with

disruption.Correct Answer ContingencyYour Answer Contingency

Page 5

Page 199: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through

understanding of the requirement of :-Correct Answer Customer

Your Answer Production

Multiple Choice Single AnswerQuestion Almost 50% of Indian industries are using which of the following

concepts?Correct Answer TQM

Your Answer ERP

Multiple Choice Multiple AnswerQuestion JIT is :-

Correct Answer Top Down system , Centrally organized , Imposed productionsystem

Your Answer Top Down system , Centrally organized , Implementprocurement system

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for

Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue

Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost

Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high

criticality, must hold high levels of stock and thereby allowingsafety margins for :-

Correct Answer Delivery , Lead time , Demand Fluctuation

Your Answer Delivery , Lead time , Demand Fluctuation

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

Correct Answer Strategic

Your Answer Strategic

True/False

Page 200: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question In SCM concept, there is no requirement of comparing factoryresponses to market place set up input.

Correct Answer False

Your Answer True

True/FalseQuestion All movements throughout the factory is controlled by Kanbans,

and since the Kanbans specify item precisely, no defects can betolerated.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for

major market places like:-Correct Answer America , Asia , Europe

Your Answer America , Asia , Europe

Select The BlankQuestion The primary purpose of inventory is to ________ against any

uncertainty that might exist in supply chain.Correct Answer Buffer

Your Answer Buffer

Match The FollowingQuestion Correct Answer Your Answer

Outgoing inventory Is predicted or expectedsales

Is the amount of inventoryon hand at end of planningperiod

Gross Requirement The forecast demand forthe item

Is predicted or expectedsales

Scheduled Receipt Any scheduled receiptfrom previous orders thatare currently beingprocessed

Any scheduled receipt fromprevious orders that arecurrently being processed

On hand inventory Is the amount of inventoryon hand at start ofplanning period

Is the amount of inventoryon hand at start of planningperiod

True/FalseQuestion JIT/TQM are the tools for SCM.

Page 201: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer True

Your Answer True

True/FalseQuestion In industries where it is particularly difficult to match supply can

benefit the most from implementing a postpone system.Correct Answer True

Your Answer True

True/FalseQuestion Postponement does guarantee win win situation under all

circumstance in spite of cost involved.Correct Answer True

Your Answer True

True/FalseQuestion Backorder means an unfilled customer order.

Correct Answer True

Your Answer True

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

Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

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

capacity data is to see if we are________ production capacity.Correct Answer Exceeding

Your Answer Not meeting

Multiple Choice Single AnswerQuestion How does aggregate plan created by master production

schedule become extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

Page 202: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches aremethods

Which facilitate concisereview & at the same timeattempt to accommodatethe above polarity.

For the most part givenormative models for morestrategic decisions.

Rough cut methods giveguiding policies

For the operationdecisions.

Give guiding policies forstrategic decisions.

Network design methods For the most part givenormative models formore strategic decisions.

For the operationdecisions.

Simulation is the methodby which

A comprehensive supplychain model can beanalyzed.

Give normative models formore operator decisions.

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?

Correct Answer Three

Your Answer Three

Select The BlankQuestion The geographic placement of production facility, stocking points

& sourcing is the ________ step in creating supply chain.Correct Answer First

Your Answer Fifth

Select The BlankQuestion The integration will make each unit of organization understand

how the action will impact other parts of & enabling it to choosealternative that ________ the organization goal.

Correct Answer Optimize

Your Answer Satisfy

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken

lightly, it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing

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

effort to run the system

Select The Blank

Page 203: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question BOMs are structural ________ that changes relativelyinfrequently.

Correct Answer Information

Your Answer Items

Select The BlankQuestion The models that describe operational decisions are often very

________ in nature.Correct Answer Specific

Your Answer Specific

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Intermediate and Finished products

True/FalseQuestion Regardless of how inventory movement is accounted for, it must

be done correctly if accurate inventory records are to beachieved.

Correct Answer True

Your Answer True

Select The BlankQuestion Paper or computer records require time to check ________

against recorder level.Correct Answer Stock

Your Answer Inventory

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

with:-Correct Answer Plants

Your Answer Inventories

Multiple Choice Single AnswerQuestion An example of multiple equation method given in an economic

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

Page 204: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer US

Select The BlankQuestion The recent development within information technology and

software Engineering gives ________ opportunity for Integrationand Co-ordination.

Correct Answer Unprecedented

Your Answer Unbelievable

Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied

by the cost of:-Correct Answer Placing an order

Your Answer Placing an order

Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to

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

Your Answer Production

Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered

are :-Correct Answer Full Regular Time capacity , No over time Planning , No

SubcontractingYour Answer Full Regular Time capacity , No Subcontracting , No Machine

Addition.

Select The BlankQuestion As compared to minimal cost strategy the level strategy is

________.Correct Answer Cheaper

Your Answer Cheaper

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-

Correct Answer Short Term , Medium Term , Long Term

Your Answer Short Term , Medium Term , Long Term

True/False

Page 205: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer True

Your Answer True

Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.

Correct Answer £ 25

Your Answer £ 25

Multiple Choice Multiple AnswerQuestion The inventory control systems are :-

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

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

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

relatively infrequently.Correct Answer True

Your Answer True

Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift

towards ________ of responsibility.Correct Answer Decentralization

Your Answer Delegation

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes perday of shipment

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be

treated as ________.Correct Answer Cost saving centre

Your Answer Cost saving centre

Page 206: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of

the value flow across the :-Correct Answer Supply chain

Your Answer Supply chain

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

Correct Answer Planning Resources Name , Capacity Unit of PlanningResourcing , Capacity Requirement per Product

Your Answer Capacity Unit of Planning Resourcing , Capacity Requirementper Product , Total Number of Planning Resources

Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated

with CBI/DTI ________ sourcing initiative.Correct Answer partnership

Your Answer partnership

Page 207: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion The decision on mode of transport are influenced by geographical placements of :-

Correct Answer Plants & Warehouse

Your Answer Supplier Location

Multiple Choice Single AnswerQuestion What is the meaning of EDIFACT ?

Correct Answer Electronic Data Interchanged for Administration , Commerce & Transport

Your Answer Electronic Data Interchanged for Administration , Commerce & Transport

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

Correct Answer Strategic

Your Answer Strategic

True/FalseQuestion Regardless of how inventory movement is accounted for, it must be done correctly if

accurate inventory records are to be achieved.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-

Correct Answer How many centers to have? , Location of centres , Size of centres

Your Answer How many centers to have? , Location of centres , Size of centres , To which GM plantcentres will send?

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?

Correct Answer Rail , Ocean , Air

Your Answer Barrel , Rail , Ocean , Air

Multiple Choice Multiple AnswerQuestion JIT is a suitable production system, when :-

Correct Answer A reasonable number of units made , A product is of high value , Setup time on machineis short

Your Answer A reasonable number of units made , A product is of high value , Setup time on machineis short , Quality may be assured

Page 208: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 2

Multiple Choice Single AnswerQuestion After the World War II, average production rate of American worker compared to that of

Japanese worker was :-Correct Answer Seven times

Your Answer Seven times

Multiple Choice Multiple AnswerQuestion The Technique used for pipeline performance improvement are :-

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

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

Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and

________.Correct Answer Requested delivery date

Your Answer Requested delivery date

Select The BlankQuestion BOM can have ________ levels.

Correct Answer Many

Your Answer Many

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain manager for

inventory is to :-Correct Answer Decrease it

Your Answer Make Zero

Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?

Correct Answer Changing environment

Your Answer Uncertain demands

Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace inventory of :-

Correct Answer Customers , Manufacturers , Suppliers

Your Answer Suppliers , Customers , Distributors , Manufacturers

Page 209: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 3

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Facility & Distribution

Multiple Choice Single AnswerQuestion In order to calculate 3 months moving average we must have how many observations?

Correct Answer Three

Your Answer Three

Multiple Choice Multiple AnswerQuestion The three things in personnel / business life, most people would like to forecast are :-

Correct Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery

Your Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery ,Income

True/FalseQuestion In practice, the data items for MPS will have normally same value in each week.

Correct Answer False

Your Answer False

Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-

Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced ,Continuous improvement always striving to improve

Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced ,Continuous improvement always striving to improve , Belief that ordering cost cant bereduced

Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the

________ step in creating supply chain.Correct Answer First

Your Answer First

Multiple Choice Single AnswerQuestion Experts thought that by 1990, in schools / colleges, there would be widespread use of

what type of sophisticated teaching?Correct Answer Machines

Your Answer Aids

Page 210: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 4

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.

Correct Answer Contingency

Your Answer Contingency

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

Correct Answer Downstream

Your Answer Downstream

True/FalseQuestion Logistics covers 90% cost of manufacturing.

Correct Answer False

Your Answer True

Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.

Correct Answer £ 25

Your Answer £ 25

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply chain operate :-

Correct Answer Independently

Your Answer Interdependently

Multiple Choice Single AnswerQuestion The third party logistics companies' capabilities are the result of extensive investment in

:-Correct Answer Technology

Your Answer Warehousing

Select The BlankQuestion Once we have all the information we should be able to ________ in terms of when to

place order with suppliers.Correct Answer Calculate

Your Answer Prepare

True/False

Page 211: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 5

Question The effect of buying discount / price breaks does need to be calculated additionally.

Correct Answer False

Your Answer True

Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-

Correct Answer Assets

Your Answer Assets

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.

Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.

Modeling Is the process by which we try togain the understanding of how thecorresponding system behaves.

Is the process by which we try togain the understanding of how thecorresponding system behaves.

Simulation Is the tool for understandingissues of organizational decisionmaking.

Is the tool for understanding issuesof organizational decision making.

System Is the facility or process ofinterest.

Is the facility or process of interest.

True/FalseQuestion By going beyond internal supply chain & including external suppliers and customers

does not expose opportunities for improving internal operations.Correct Answer False

Your Answer False

Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive effect on :-

Correct Answer Logistic Cost , Customer satisfaction

Your Answer Logistic Cost , Customer satisfaction , Employee Morale , Operative Cost

Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might

exist in supply chain.Correct Answer Buffer

Your Answer Act as Safety stock

True/False

Page 212: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 6

Question In SCM concept, there is no requirement of comparing factory responses to marketplace set up input.

Correct Answer False

Your Answer False

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the

effective :-Correct Answer Management

Your Answer Operation

Multiple Choice Multiple AnswerQuestion The treasury model of economy referred in the book which contains many variable and

is used to look at the effect of :-Correct Answer Interest Rate Changes , Tax Changes , Oil Price Change

Your Answer Interest Rate Changes , Tax Changes , Oil Price Change , Vehicle Rate Changes

Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of

Supply Chain to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventory

Your Answer Spare Parts , Raw Material , Finished Goods , Work in process inventory

Multiple Choice Single AnswerQuestion The term productivity is often ill-defined but basically, it's measurement is that of a

prescribed output to the resources :-Correct Answer Consumed

Your Answer Used

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-

Correct Answer Organisation

Your Answer Supply Chain Management

Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?

Correct Answer Pressure For the Change , Shared Vision , Capacity for Change

Your Answer Pressure For the Change , Shared Vision , Capacity for Change , Outbound Training

True/FalseQuestion Lead Time, Order control and Stock levels reduction are the variables in SCM model.

Page 213: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 7

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?

Correct Answer Three

Your Answer Three

Multiple Choice Single AnswerQuestion To increase flexibility on production line what will have to be done with setup & change

overtimes?Correct Answer Decrease

Your Answer Decrease

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed

times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply

Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply ,Re-order level

True/FalseQuestion It would be impossible to find the minimum cost solution manually.

Correct Answer True

Your Answer False

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches aremethods

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

Which facilitate concise review & atthe same time attempt toaccommodate the above polarity.

Rough cut methods give guidingpolicies

For the operation decisions. For the operation decisions.

Network design methods For the most part give normativemodels for more strategicdecisions.

For the most part give normativemodels for more strategicdecisions.

Simulation is the method by which A comprehensive supply chainmodel can be analyzed.

A comprehensive supply chainmodel can be analyzed.

2ND COPY

Page 214: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 8

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

Correct Answer False

Your Answer False

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

more important capability.Correct Answer Applicability

Your Answer Applicability

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Details

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

creation and ________.Correct Answer Requested delivery date

Your Answer Goods received

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

develop it for their operation only.Correct Answer False

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Order Processing Material Follow-up Material procurement

Order Picking Material Collection Material Collection

Order Consolidation Material Follow-up andCollection

Material Follow-up

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.

Correct Answer True

Page 215: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 9

Your Answer True

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-

Correct Answer Agent Based management , Information System , Globalization

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

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

Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Is the tool for understandingissues of organizationaldecision making.

Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Simulation Is the tool for understandingissues of organizationaldecision making.

Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

System Is the facility or process ofinterest.

Is the tool used test the impactof strategic level decision haveon supply chain performance.

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

Correct Answer Audit Trail

Your Answer Audit Trail

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-

Correct Answer Order taking , Purchasing , Manufacturing

Your Answer Order taking , Purchasing , Manufacturing , Distribution

True/False

Page 216: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 10

Question The corporations production Kanban is the card which regulates the suppliersproduction kanban.

Correct Answer False

Your Answer True

Select The BlankQuestion The exponenti________y smoothed moving average takes into account All of

the previous observations.Correct Answer All

Your Answer Majority

Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed in

________ figures to reconcile physical stock against book stock.Correct Answer Adjustment

Your Answer Adjustment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-

Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero

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

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &

information flow, right from raw material to consumption of finished goodsbut the focus is given to :-

Correct Answer End User

Your Answer End User

Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce

their :-Correct Answer Assets

Your Answer Non Core Activities

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

planning period.Correct Answer Allow

Your Answer Disallow

Multiple Choice Multiple Answer

Page 217: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 11

Question The MRP output consists of :-

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

Your Answer Scheduled receipt , Projected net required , Planned order Release , Projectedsales

Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-

Correct Answer Use their experience , Use their expert judgment , Use their Knowledge

Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

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

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

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

ordered is :-Correct Answer 135

Your Answer 150

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

order taking employees?Correct Answer Purchasing

Your Answer Logistics

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since the

Kanbans specify item precisely, no defects can be tolerated.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most

significant impact?Correct Answer Production

Your Answer Design

Multiple Choice Single Answer

Page 218: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 12

Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-

Correct Answer MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/FalseQuestion The constant m is called smoothing constant in single exponentially

smoothing.Correct Answer True

Your Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of

item.Correct Answer Compare

Your Answer Predict

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

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

Correct Answer Logistics

Your Answer Distribution

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

Correct Answer True

Your Answer True

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

requirement, JIT has :Correct Answer Reduced / eliminated inventory

Your Answer Reduced / eliminated inventory

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

extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

True/False

Page 219: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 13

Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic

objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer , EDBMS

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system

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

market served, technology and ________ satisfactionCorrect Answer Stake holder's

Your Answer Customer's

True/FalseQuestion Total productivity appears the only relevant productivity measure for decision

making purpose.Correct Answer True

Your Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the

factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products

Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was

widespread by which year?Correct Answer 1985

Your Answer 1980

Multiple Choice Single Answer

Page 220: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Sem - 4th Supply Chain Management 14

Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?

Correct Answer Delphi

Your Answer Delphi

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter has

to drive to and obtain a minor part?Correct Answer Queue at supplier end

Your Answer Delay in getting components

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control elements

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

Your Answer Warehousing , Transportation , Customer Service , Procurement

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

Correct Answer What-if

Your Answer What-if

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its

existing business?Correct Answer Performance

Your Answer Profitability

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total

productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day

Page 221: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer False

Your Answer False

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

more important capability.Correct Answer Applicability

Your Answer Applicability

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Details

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

creation and ________.Correct Answer Requested delivery date

Your Answer Goods received

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

develop it for their operation only.Correct Answer False

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Order Processing Material Follow-up Material procurement

Order Picking Material Collection Material Collection

Order Consolidation Material Follow-up andCollection

Material Follow-up

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.

Page 222: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-

Correct Answer Agent Based management , Information System , Globalization

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

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

Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Is the tool for understandingissues of organizationaldecision making.

Modeling Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

Is the possibility of usingmathematical methods toobtain exact information onquestion of interest.

Simulation Is the tool for understandingissues of organizationaldecision making.

Is the process by which we tryto gain the understanding ofhow the corresponding systembehaves.

System Is the facility or process ofinterest.

Is the tool used test the impactof strategic level decision haveon supply chain performance.

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

Correct Answer Audit Trail

Your Answer Audit Trail

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-

Correct Answer Order taking , Purchasing , Manufacturing

Your Answer Order taking , Purchasing , Manufacturing , Distribution

Page 223: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The corporations production Kanban is the card which regulates the

suppliers production kanban.Correct Answer False

Your Answer True

Select The BlankQuestion The exponenti________y smoothed moving average takes into account All

of the previous observations.Correct Answer All

Your Answer Majority

Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed

in ________ figures to reconcile physical stock against book stock.Correct Answer Adjustment

Your Answer Adjustment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-

Correct Answer Two employee hours per job , Initial Number of employee is ten , InitialInventory is Zero

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

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material &

information flow, right from raw material to consumption of finished goods butthe focus is given to :-

Correct Answer End User

Your Answer End User

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

reduce their :-Correct Answer Assets

Your Answer Non Core Activities

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

planning period.Correct Answer Allow

Your Answer Disallow

Page 224: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

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

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

Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-

Correct Answer Use their experience , Use their expert judgment , Use their Knowledge

Your Answer To make judgments , Use their experience , Use their expert judgment , Usetheir Knowledge

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

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

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

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

ordered is :-Correct Answer 135

Your Answer 150

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

order taking employees?Correct Answer Purchasing

Your Answer Logistics

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since

the Kanbans specify item precisely, no defects can be tolerated.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most

significant impact?Correct Answer Production

Your Answer Design

Multiple Choice Single Answer

Page 225: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question In the Stage of Technological Development for IT enabled Supply Chainfollowing thing is very important :-

Correct Answer MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/FalseQuestion The constant m is called smoothing constant in single exponentially

smoothing.Correct Answer True

Your Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of

item.Correct Answer Compare

Your Answer Predict

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

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

Correct Answer Logistics

Your Answer Distribution

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

Correct Answer True

Your Answer True

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

requirement, JIT has :Correct Answer Reduced / eliminated inventory

Your Answer Reduced / eliminated inventory

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

extremely detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

True/False

Page 226: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question If you use only Transport Kanban in Kanban process then it is known assimple Kanban process.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic

objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer , EDBMS

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system

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

market served, technology and ________ satisfactionCorrect Answer Stake holder's

Your Answer Customer's

True/FalseQuestion Total productivity appears the only relevant productivity measure for decision

making purpose.Correct Answer True

Your Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the

factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,Availability of products

Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was

widespread by which year?Correct Answer 1985

Your Answer 1980

Multiple Choice Single Answer

Page 227: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question What is the technique in which, a body of experts are hired to arrive atopinion about the future?

Correct Answer Delphi

Your Answer Delphi

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter

has to drive to and obtain a minor part?Correct Answer Queue at supplier end

Your Answer Delay in getting components

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control

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

Your Answer Warehousing , Transportation , Customer Service , Procurement

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

Correct Answer What-if

Your Answer What-if

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its

existing business?Correct Answer Performance

Your Answer Profitability

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total

productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day ofshipment , 10000 parts shipped per day

Page 228: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Supply Management ALPANA

True/FalseQuestion The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among shippers.Correct Answer FalseYour Answer True

Select The BlankQuestion ________ is only the management philosophy which helps organisation to move from one step to another.Correct Answer BenchmarkingYour Answer Benchmarking

Select The BlankQuestion ________ demand is converted into order information and passed down through the supply chain to trigger product release to

the customer.Correct Answer End ConsumerYour Answer Market

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Replacement cost

True/FalseQuestion Supply chain is the expense centre in the organization.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion In order to calculate 3 months moving average we must have how many observations?Correct Answer ThreeYour Answer Three

Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-Correct Answer AssetsYour Answer Assets

Multiple Choice Single AnswerQuestion An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic response to :-Correct Answer Simulation ModelYour Answer Simulation Model

True/FalseQuestion Customer service is prime motto for SCM.Correct Answer TrueYour Answer True

True/FalseQuestion Retailers are not interested in low stock run.Correct Answer TrueYour Answer True

True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion The decision to hire 3PL services appears to originate from :-Correct Answer Top ManagementYour Answer Top Management

Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in

demand.Correct Answer LessYour Answer Less

Multiple Choice Multiple Answer

Page 229: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The information Enriched comprises of:-Correct Answer Consumer Habits , Habit frequency , Future dispatch fluctuationYour Answer Consumer Habits , Habit frequency , Future dispatch fluctuation

True/FalseQuestion Entities in a supply chain may belong to different organization within different companies.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high criticality, must hold high levels of stock and thereby allowing

safety margins for :-Correct Answer Delivery , Lead time , Demand FluctuationYour Answer Delivery , Lead time , Demand Fluctuation

Select The BlankQuestion Category C items are relatively unimportant inventory items & are responsible for ________% of inventory cost.Correct Answer 5Your Answer 10

Multiple Choice Single AnswerQuestion Within the newly arranged factory floor, workers were encouraged to be the :-Correct Answer Members of teamYour Answer Members of team

Select The BlankQuestion Simple method for Time series forecasting is to take a ________ Average.Correct Answer MovingYour Answer Moving

Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-Correct Answer Production & warehouse premises , Production equipment , Information & IT systemYour Answer Information & IT system , Production & warehouse premises , Production equipment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is ZeroYour Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero

Multiple Choice Multiple AnswerQuestion To forecast the date of death the knowledge of the following is necessary :-Correct Answer Life expectancy of Middle age , Medical test data on persons , His Living StyleYour Answer Life expectancy of Middle age , Medical test data on persons , His Living Style

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item

Multiple Choice Multiple AnswerQuestion EDIFACT is :-Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI StandardYour Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard

Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Percentage Wide Management

Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the total number of suppliers.Correct Answer ReduceYour Answer Increase

Multiple Choice Single AnswerQuestion In the Supply Chain approach the example for the Individual set of Business activities is the :-Correct Answer Logistics ActivitiesYour Answer Logistics Activities

Multiple Choice Multiple AnswerQuestion With component commonality step 1(operation) storage 1 (buffer) will depend on :-Correct Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics of

scale) , Potential savings, due to reduction of inventory at storage

Page 230: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics ofscale) , Potential savings, due to reduction of inventory at storage

Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might exist in supply chain.Correct Answer BufferYour Answer Act as Safety stock

Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for major market places like:-Correct Answer America , Asia , EuropeYour Answer America , Asia , Europe

True/FalseQuestion The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal

weightage.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion How many weeks is the lead time between releasing an order to shop floor & producing a finished good?Correct Answer 2Your Answer 2

Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier

discountsYour Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More RevenueYour Answer Cycle Time , On Time Delivery , Reduce Inventory Cost

Multiple Choice Single AnswerQuestion The Total pipeline usage of direct market data is reduced when the system filters out of high frequency fluctuations in

demand. This is known as :-Correct Answer Forrester EffectYour Answer Ferguson Effect

Multiple Choice Multiple AnswerQuestion Risk a stock out can be faced because of :-Correct Answer Delay in resupply , Higher than anticipated usage , Unpredictable demandYour Answer Delay in resupply , Higher than anticipated usage , Unpredictable demand

Select The BlankQuestion The Function for EDI software is message tracking and ________.Correct Answer Audit TrailYour Answer LACES

Match The FollowingQuestion Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Industrial dynamics Burbidge Del-Vecchio

Multiple Choice Multiple AnswerQuestion Which are the SMART goals?Correct Answer Specific , Measurable , AttainableYour Answer Specific , Measurable , Attainable

Select The BlankQuestion As compared to minimal cost strategy the level strategy is ________.Correct Answer CheaperYour Answer Complex

True/FalseQuestion Another aspect of Toyoto production system was reduction of setup time.

Page 231: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer TrueYour Answer True

Select The BlankQuestion One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the

major customers.Correct Answer ClusteredYour Answer Non-clustered

Select The BlankQuestion All of the product, process & infrastructure changes ________ will have an impact on the knowledge & skills the employees

will need to posses.Correct Answer OutlinedYour Answer Given

True/FalseQuestion EDI helps in Just In Time for manufacturing.Correct Answer TrueYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

Developing corrective action establishes That the effort should be carefully organized else success will not be achievedWhether or not conformance to expectation is present

Random cycle counting establishes Whether or not conformance to expectation is present The physical quantityavailable

Counting the control group establishes The physical quantity available conformance toexpectation is present

Comparing the counts to records establishes The comparing physical count to computer records The computer recordavailable

Multiple Choice Single AnswerQuestion Calculation of Economic Order Quantity seeks to reconcile, ordering & holding cost for what size of order?Correct Answer OptimumYour Answer Optimum

LIST OF ATTEMPTED QUESTIONS AND ANSWERS MAYANK GOYAL

True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the example given?Correct Answer 5Your Answer 2

Select The BlankQuestion The purpose of the analysis is to discern some relationship between Y1 values observed so far in order to ________ us to

forecast future values of Y1.Correct Answer EnableYour Answer Allow

True/FalseQuestion MRP package can be used to examine, meeting the predetermined production schedule for chairs.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

Multiple Choice Single AnswerQuestion Hiring cost per employee is:-Correct Answer Hiring costYour Answer Employing cost

True/False

Page 232: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Retailers are not interested in low stock run.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion In the world class logistics study (Published in 1995) there is requirement of :-Correct Answer New SCM approachYour Answer New SCM approach

True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-Correct Answer Modular Organization of work , Multi-skilling , On the job training proceduresYour Answer Modular Organization of work , Multi-skilling , Minimum level of quality to satisfy customers

Multiple Choice Multiple AnswerQuestion JIT is :-Correct Answer Top Down system , Centrally organized , Imposed production systemYour Answer Top Down system , Centrally organized , Imposed production system

Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer Used to control the flow of item through the production process , A push process , A signal or message of

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

Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as possible to have market driven :-Correct Answer ProductionYour Answer Procurement

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed

production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.Correct Answer ContingencyYour Answer Emergency

Multiple Choice Single AnswerQuestion In the Stage of Technological Development for IT enabled Supply Chain following thing is very important :-Correct Answer MRP-I, MRP-II, ERPYour Answer ABC analysis, JIT, Traditional System

Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based , Operation Based

Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans of several plants.Correct Answer ProductionYour Answer Transportation

Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace inventory of :-Correct Answer Manufacturers , Suppliers , CustomersYour Answer Manufacturers , Suppliers , Customers

Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.Correct Answer £ 25Your Answer £ 27

Page 233: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Select The BlankQuestion The third party providers who can ________ the need of transition from their focus on product oriented services to new

strategies like long term business partnerships will most likely enjoy long term success.Correct Answer MeetYour Answer Support

Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant of the following?Correct Answer KanbanYour Answer Kanban

Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quantity , Quality , Delivery

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In this measurements usually covers :-Correct Answer Customer , Internal Business , TrainingYour Answer Internal Business , Training , EDBMS

Multiple Choice Multiple AnswerQuestion The inventory control systems are :-Correct Answer Two bin , Re-order cycle , Annual demandYour Answer Two bin , Annual demand

Select The BlankQuestion The recent development within information technology and software Engineering gives ________ opportunity for Integration

and Co-ordination.Correct Answer UnprecedentedYour Answer Unlimited

True/FalseQuestion In practice, the data items for MPS will have normally same value in each week.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion Just in Time means that items move through which system as & when they are needed?Correct Answer ProductionYour Answer Distribution

Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the ________ step in creating supply chain.Correct Answer FirstYour Answer Second

Select The BlankQuestion ________ demand is converted into order information and passed down through the supply chain to trigger product release to

the customer.Correct Answer End ConsumerYour Answer Market

Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventoryYour Answer Spare Parts , Raw Material , Finished Goods

Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5, 60 in week 6 then the requirement of backs are :-Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4Your Answer 90 in week 3 , 60 in week 4

Multiple Choice Single AnswerQuestion Who has given a design oriented approach in management control literature?Correct Answer VosselmanYour Answer Cooper

Select The BlankQuestion The mode choice aspect of transport decisions are more ________ ones, as they are closely linked with inventory decision.Correct Answer StrategicYour Answer Strategic

Select The Blank

Page 234: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The integration will make each unit of organization understand how the action will impact other parts of & enabling it to choosealternative that ________ the organization goal.Correct Answer OptimizeYour Answer Satisfy

Multiple Choice Single AnswerQuestion Which is the area in which no one has yet developed a reliable forecasting technique?Correct Answer Investment PolicyYour Answer Requirements

Multiple Choice Single AnswerQuestion Any mistakes in specifying BOMs could have what type of results on shop floor?Correct Answer Disastrous consequenceYour Answer Disastrous consequence

True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

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

Modeling Is the process by which we try to gain the understanding of how the corresponding system behaves. Is thetool used test the impact of strategic level decision have on supply chain performance.

Simulation Is the tool for understanding issues of organizational decision making. Is the possibility of using mathematicalmethods to obtain exact information on question of interest.

System Is the facility or process of interest. Is the tool used test the impact of strategic level decision have on supplychain performance.

True/FalseQuestion The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among shippers.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Which network between companies making different ingredients to many products can be charted?Correct Answer Supply networkYour Answer Production network

Match The FollowingQuestion Correct Answer Your Answer

Other Unit production cost The cost of production of one unit of the product that is not accounted in employee cost. Thecost of holding one unit in stock at the end of each period.

Hiring cost The cost of hiring an employee. The cost of hiring an employee.

Unit inventory holding cost The cost of holding one unit in stock at the end of each period. The cost of holding one unit procuredfrom external source at the end of each period.

Unit subcontracting cost The cost of each unit bought from external source. The cost of holding one unit in stock atthe end of each Month.

True/FalseQuestion The enriching the order decisions with market place information enables the factory to be much more responsive, since less

supply chain Filtering is taking place.Correct Answer TrueYour Answer True

True/FalseQuestion Logistics must be treated as cost saving function.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information System

Page 235: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Integrated Logistics Function , Expertise In Information System , Specialized Logistics Function

True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True

LIST OF ATTEMPTED QUESTIONS AND ANSWERS AMIT CHUG

True/FalseQuestion Lead Time, Order control and Stock levels reduction are the variables in SCM model.Correct Answer TrueYour Answer True

Select The BlankQuestion The hiring cost of one employee is ________ in minimal cost strategy.Correct Answer £ 500Your Answer £ 450

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.Correct Answer Cost saving centreYour Answer VADS

Select The BlankQuestion The 3 PL must overcome some problems about the perception among companies that third parties have________ their job.Correct Answer Over promised but under delivered.Your Answer Over promised but under delivered.

True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The vital player in the traditional supply chain is :-Correct Answer RetailerYour Answer Consumer

Multiple Choice Single AnswerQuestion What is required to facilitate logistics process of quickly moving material on numerous work stations on the production line?Correct Answer Clean & well organized environmentYour Answer Clean & well organized environment

Multiple Choice Single AnswerQuestion What can be seen as a measurement of resource utilization including time element?Correct Answer ProductivityYour Answer Productivity

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the effective :-Correct Answer ManagementYour Answer Management

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion In SCM metrics, customer measurements are :-Correct Answer Backorder Levels , On Time Delivery , Order Fill RateYour Answer Cycle Time , Order Fill Rate , Backorder Levels

True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate.Correct Answer TrueYour Answer True

True/False

Page 236: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True

Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the total number of suppliers.Correct Answer ReduceYour Answer Reduce

Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other parts of & enabling it to choose

alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Optimize

Multiple Choice Single AnswerQuestion To achieve standardization & customization at the same time, what will have to be done with products?Correct Answer Develop new products with robust designYour Answer Develop new products with robust design

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement, experiences a radically different picture in their business

like :-Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferationYour Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation

Multiple Choice Multiple AnswerQuestion If the demand forecast is accurate then consequently which of the following will be accurate?Correct Answer Master Production Schedule , Material Requirement Planning , Production planningYour Answer Master Production Schedule , Material Requirement Planning , Production planning

Select The BlankQuestion Paper or computer records require time to check ________ against recorder level.Correct Answer StockYour Answer Inventory

Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Attentive

Match The FollowingQuestion Correct Answer Your Answer

Product Champion Andraski Forrester(1960)

Pull & Push concept discussion Hoeskstra & Romme Poul Jonh

Simulation Model Sterman Andraski

Player concept Forrester(1960) Sterman

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain manager for inventory is to :-Correct Answer Decrease itYour Answer Decrease it

Select The BlankQuestion Value added data service for EDI communication is known as ________.Correct Answer VANYour Answer ANSI

Match The FollowingQuestion Correct Answer Your Answer

Expedition More frequent & flexible delivery may be required for realignment of process Companies that used to collect customer orderson a monthly basis will need to shorten the information collection cycle time for realignment of process

Purchasing More flexible & frequent purchasing operation need to be established for realignment of process More flexible & frequentpurchasing operation need to be established for realignment of process

Manufacturing If the installation of the most expensive components is to be delayed as much as possible, change in the sequence &timing of manufacturing steps may be required for realignment of process If the installation of the most expensive components is to bedelayed as much as possible, change in the sequence & timing of manufacturing steps may be required for realignment of process

Page 237: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Order taking Companies that used to collect customer orders on a monthly basis will need to shorten the information collection cycle timefor realignment of process More frequent & flexible delivery may be required for realignment of process

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as possible to have market driven :-Correct Answer ProductionYour Answer Production

True/FalseQuestion JIT need to be applied to all stages of process.Correct Answer TrueYour Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of item.Correct Answer CompareYour Answer Predict

Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order QuantityYour Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity

Multiple Choice Single AnswerQuestion The alternative strategy to meet the increased demand will be to buy from subcontractor if it would have been :-Correct Answer At cheaper costYour Answer At cheaper cost

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Strategic

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected salesYour Answer Scheduled receipt , Projected net required , Planned order Release

True/FalseQuestion For total productivity, the Japanese concentrate on the indicators of various elements rather than measuring the output input

ratio.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Postponement benefits are :-Correct Answer Increased sales , Lower inventory holding cost , Lower scrap costYour Answer Increased sales , Lower inventory holding cost , Lower scrap cost

Multiple Choice Multiple AnswerQuestion The problems faced by the HP DCs due to traditional system were :-Correct Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed

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

speed

Multiple Choice Single AnswerQuestion Today's supply chain are very complicated to be controlled based on intution, hence what is necessary to have statistical data

on the performance of supply chain?Correct Answer AccessYour Answer Access

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?Correct Answer To provide for cause , To provide for corrective action , To provide for future actionYour Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action

Multiple Choice Single Answer

Page 238: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question When both the cards are used then the Kanban process is known as :-Correct Answer IntegratedYour Answer Integrated

True/FalseQuestion By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for

improving internal operations.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion In SCM metrics, Training means :-Correct Answer Inhouse training , APICS Membership , Certification TrainingYour Answer Inhouse training , APICS Membership , Certification Training

Multiple Choice Single AnswerQuestion At what level Master Production schedule operates?Correct Answer AggregateYour Answer Aggregate

Multiple Choice Single AnswerQuestion Inadequate & excess inventory both are revenue losses for a business so as to avoid this, which of the following is required?Correct Answer TQM & JITYour Answer ERP

Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________ sourcing initiative.Correct Answer partnershipYour Answer Sterman

Multiple Choice Single AnswerQuestion How the proactive levers attack the causes of variability?Correct Answer DirectlyYour Answer Directly

Select The BlankQuestion Most real world systems are too complex to allow realistic models to be ________ analytically.Correct Answer EvaluatedYour Answer Compared

Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information SystemYour Answer Integrated Logistics Function , Expertise In Information System

LIST OF ATTEMPTED QUESTIONS AND ANSWERS ASHISH MEHTA

True/FalseQuestion The visual record process is only a sub-process in Japanese Kanban Management system.Correct Answer TrueYour Answer True

Select The BlankQuestion The Japanese have mastered supply chain management & the extent to which their ________ are involved in the product

development process.Correct Answer SuppliersYour Answer Distributors

Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of the value flow across the :-Correct Answer Supply chainYour Answer Supply chain

Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventoryYour Answer Raw Material , Finished Goods , Work in process inventory

Select The BlankQuestion All of the product, process & infrastructure changes ________ will have an impact on the knowledge & skills the employees

will need to posses.Correct Answer OutlinedYour Answer Outlined

Multiple Choice Single Answer

Page 239: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The number of weeks taken for ordering material at beginning till the finished products reach customer in the apperal industryas per Flaherty report is:-Correct Answer 58.5 weeksYour Answer 58.5 weeks

Select The BlankQuestion Supply chains consist of ________ of companies.Correct Answer Multiple LayersYour Answer Performance

True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The level strategy is solution where in number of workers are :-Correct Answer Always FixedYour Answer Always Fixed

Select The BlankQuestion Total annual cost is the function that we want to ________ by choosing an appropriate value of quantity.Correct Answer MinimiseYour Answer Keep fixed

Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in

demand.Correct Answer LessYour Answer Less

Multiple Choice Multiple AnswerQuestion The consequence of longer lead time will often be :-Correct Answer Reduce Production Facility , Higher Levels Of Inventory , Less DependabilityYour Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory

Multiple Choice Single AnswerQuestion The UK EDI Standards developed by ANA( Article Numbering Association) is Known as :-Correct Answer TRADACOMSYour Answer TRADACOMS

True/FalseQuestion The globalization of supply chain does not change the requirement within supply chain management.Correct Answer FalseYour Answer True

Select The BlankQuestion The 3 PL must overcome some problems about the perception among companies that third parties have________ their job.Correct Answer Over promised but under delivered.Your Answer Over promised but under delivered.

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven, coordinated with actual customer demand?Correct Answer Pull Base SystemYour Answer Pull Base System

True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the effective :-Correct Answer ManagementYour Answer Management

Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift towards ________ of responsibility.Correct Answer DecentralizationYour Answer Centralization

Page 240: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered are :-Correct Answer Full Regular Time capacity , No over time Planning , No SubcontractingYour Answer Full Regular Time capacity , No over time Planning , No Subcontracting

Match The FollowingQuestion Correct Answer Your Answer

Planned order receipt What we will receive each period as a result of planned orders When we need to release the planned orders havingregard to lead time required

Planned order release When we need to release the planned orders having regard to lead time required What we will need in each periodto avoid stock out i.e. the orders that should be placed in order to avoid such stock outs

Projected on hand What the inventory level will be if we produce according to plan above & demand forecast is correct What the inventorylevel will be if we produce according to plan above & demand forecast is correct

Projected net requirement What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid suchstock outs What we will receive each period as a result of planned orders

True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer True

Select The BlankQuestion The recent development within information technology and software Engineering gives ________ opportunity for Integration

and Co-ordination.Correct Answer UnprecedentedYour Answer Unprecedented

Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?Correct Answer Pressure For the Change , Shared Vision , Capacity for ChangeYour Answer Pressure For the Change , Shared Vision , Capacity for Change

Match The FollowingQuestion Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services with dependability and accuracy This is the measure related to amaximum of an organizations ability to provide demanded goods & service in the amount requested

Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement &needs being consistently satisfied

Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery

Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in theamount requested It relates with the ability to perform the promised services with dependability and accuracy

Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main

process of Logistics to the major long term goals.Correct Answer LogisticsYour Answer Distribution

True/FalseQuestion Direct cost increase can be caused by product or process redesign.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The factors that are to be taken into consideration for the suitability of the Kanban for any nation are :-Correct Answer Firm , Cultural differences , External dimensions of nation businessYour Answer Firm , Cultural differences , External dimensions of nation business

True/FalseQuestion The key to integration is co-ordination.Correct Answer TrueYour Answer True

Multiple Choice Multiple Answer

Page 241: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The information Enriched simulation Model is based on :-Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional ModelYour Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

Multiple Choice Multiple AnswerQuestion The advantages of Kanban system are :-Correct Answer A simple system , Provides quick & precise information , Low cost associated with the transfer of informationYour Answer A simple system , Provides quick & precise information , Low cost associated with the transfer of information

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-Correct Answer Order taking , Purchasing , ManufacturingYour Answer Order taking , Purchasing , Manufacturing

True/FalseQuestion To reconcile JIT and EOQ, we don’t take fixed setup cost and / or variable holding cost as fixed but seek to reduce them.Correct Answer TrueYour Answer True

True/FalseQuestion Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce.Correct Answer TrueYour Answer True

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to

maintain significant amount of inventory.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply

True/FalseQuestion The strategic & Operational decisions are to effectively & efficiantly manage, the product flow in the strategically planned

supply chain.Correct Answer TrueYour Answer True

Select The BlankQuestion ________ demand is converted into order information and passed down through the supply chain to trigger product release to

the customer.Correct Answer End ConsumerYour Answer End Consumer

Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other parts of & enabling it to choose

alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Optimize

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Organisation

Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always received order information from :-Correct Answer ConsumerYour Answer Consumer

True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate.Correct Answer TrueYour Answer True

True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five years.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion In Kanban concept, in which area, there is no storage?

Page 242: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer ProductionYour Answer Production

Multiple Choice Single AnswerQuestion How many weeks is the lead time between releasing an order to shop floor & producing a finished good?Correct Answer 2Your Answer 2

Multiple Choice Single AnswerQuestion What is Supply Chain?Correct Answer Network of Facility & DistributionYour Answer Network of Facility & Distribution

Page 243: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through understanding of the

requirement of :-Correct Answer Customer

Your Answer Production

Multiple Choice Single AnswerQuestion Almost 50% of Indian industries are using which of the following concepts?

Correct Answer TQM

Your Answer ERP

Multiple Choice Multiple AnswerQuestion JIT is :-

Correct Answer Top Down system , Centrally organized , Imposed production system

Your Answer Top Down system , Centrally organized , Implement procurement system

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain

Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue

Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost

Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high criticality, must hold high

levels of stock and thereby allowing safety margins for :-Correct Answer Delivery , Lead time , Demand Fluctuation

Your Answer Delivery , Lead time , Demand Fluctuation

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

Correct Answer Strategic

Your Answer Strategic

True/FalseQuestion In SCM concept, there is no requirement of comparing factory responses to market place

set up input.

Page 244: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer False

Your Answer True

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since the Kanbans

specify item precisely, no defects can be tolerated.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for major market places

like:-Correct Answer America , Asia , Europe

Your Answer America , Asia , Europe

Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might exist

in supply chain.Correct Answer Buffer

Your Answer Buffer

Match The FollowingQuestion Correct Answer Your Answer

Outgoing inventory Is predicted or expected sales Is the amount of inventory on handat end of planning period

Gross Requirement The forecast demand for the item Is predicted or expected sales

Scheduled Receipt Any scheduled receipt fromprevious orders that are currentlybeing processed

Any scheduled receipt fromprevious orders that are currentlybeing processed

On hand inventory Is the amount of inventory onhand at start of planning period

Is the amount of inventory on handat start of planning period

True/FalseQuestion JIT/TQM are the tools for SCM.

Correct Answer True

Your Answer True

True/False

Page 245: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question In industries where it is particularly difficult to match supply can benefit the most fromimplementing a postpone system.

Correct Answer True

Your Answer True

True/FalseQuestion Postponement does guarantee win win situation under all circumstance in spite of cost

involved.Correct Answer True

Your Answer True

True/FalseQuestion Backorder means an unfilled customer order.

Correct Answer True

Your Answer True

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

Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

Select The BlankQuestion In the MRP package referred in the example, the entry of capacity data is to see if we

are________ production capacity.Correct Answer Exceeding

Your Answer Not meeting

Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely

detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches aremethods

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

For the most part give normativemodels for more strategicdecisions.

Page 246: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Rough cut methods give guidingpolicies

For the operation decisions. Give guiding policies for strategicdecisions.

Network design methods For the most part give normativemodels for more strategicdecisions.

For the operation decisions.

Simulation is the method by which A comprehensive supply chainmodel can be analyzed.

Give normative models for moreoperator decisions.

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?

Correct Answer Three

Your Answer Three

Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the

________ step in creating supply chain.Correct Answer First

Your Answer Fifth

Select The BlankQuestion The integration will make each unit of organization understand how the action will impact

other parts of & enabling it to choose alternative that ________ the organization goal.Correct Answer Optimize

Your Answer Satisfy

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in

terms of :-Correct Answer Management & effort , Initial implementation , The continuing effort to run the system

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

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Items

Select The BlankQuestion The models that describe operational decisions are often very ________ in nature.

Page 247: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Specific

Your Answer Specific

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Intermediate and Finished products

True/FalseQuestion Regardless of how inventory movement is accounted for, it must be done correctly if

accurate inventory records are to be achieved.Correct Answer True

Your Answer True

Select The BlankQuestion Paper or computer records require time to check ________ against recorder level.

Correct Answer Stock

Your Answer Inventory

Multiple Choice Single AnswerQuestion The location decision in supply chain entities are concerned with:-

Correct Answer Plants

Your Answer Inventories

Multiple Choice Single AnswerQuestion An example of multiple equation method given in an economic model is the treasury

model of which economy?Correct Answer UK

Your Answer US

Select The BlankQuestion The recent development within information technology and software Engineering gives

________ opportunity for Integration and Co-ordination.Correct Answer Unprecedented

Your Answer Unbelievable

Multiple Choice Single Answer

Page 248: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Order cost is derived from the number of order placed multiplied by the cost of:-

Correct Answer Placing an order

Your Answer Placing an order

Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as

possible to have market driven :-Correct Answer Production

Your Answer Production

Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered are :-

Correct Answer Full Regular Time capacity , No over time Planning , No Subcontracting

Your Answer Full Regular Time capacity , No Subcontracting , No Machine Addition.

Select The BlankQuestion As compared to minimal cost strategy the level strategy is ________.

Correct Answer Cheaper

Your Answer Cheaper

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-

Correct Answer Short Term , Medium Term , Long Term

Your Answer Short Term , Medium Term , Long Term

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

Correct Answer True

Your Answer True

Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.

Correct Answer £ 25

Your Answer £ 25

Page 249: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The inventory control systems are :-

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

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

True/FalseQuestion The key point about structural information is that it changes relatively infrequently.

Correct Answer True

Your Answer True

Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift towards ________ of

responsibility.Correct Answer Decentralization

Your Answer Delegation

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.

Correct Answer Cost saving centre

Your Answer Cost saving centre

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

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of the value flow across

the :-Correct Answer Supply chain

Page 250: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Supply chain

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

Correct Answer Planning Resources Name , Capacity Unit of Planning Resourcing , CapacityRequirement per Product

Your Answer Capacity Unit of Planning Resourcing , Capacity Requirement per Product , TotalNumber of Planning Resources

Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________

sourcing initiative.Correct Answer partnership

Your Answer partnership

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single AnswerQuestion The decision on mode of transport are influenced by geographical placements of :-

Correct Answer Plants & Warehouse

Your Answer Supplier Location

Multiple Choice Single AnswerQuestion What is the meaning of EDIFACT ?

Correct Answer Electronic Data Interchanged for Administration , Commerce & Transport

Your Answer Electronic Data Interchanged for Administration , Commerce & Transport

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

Correct Answer Strategic

Your Answer Strategic

True/FalseQuestion Regardless of how inventory movement is accounted for, it must be done correctly if

accurate inventory records are to be achieved.Correct Answer True

Page 251: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer True

Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-

Correct Answer How many centers to have? , Location of centres , Size of centres

Your Answer How many centers to have? , Location of centres , Size of centres , To which GM plantcentres will send?

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?

Correct Answer Rail , Ocean , Air

Your Answer Barrel , Rail , Ocean , Air

Multiple Choice Multiple AnswerQuestion JIT is a suitable production system, when :-

Correct Answer A reasonable number of units made , A product is of high value , Setup time on machineis short

Your Answer A reasonable number of units made , A product is of high value , Setup time on machineis short , Quality may be assured

Multiple Choice Single AnswerQuestion After the World War II, average production rate of American worker compared to that of

Japanese worker was :-Correct Answer Seven times

Your Answer Seven times

Multiple Choice Multiple AnswerQuestion The Technique used for pipeline performance improvement are :-

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

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

Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and

________.Correct Answer Requested delivery date

Your Answer Requested delivery date

Select The Blank

Page 252: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question BOM can have ________ levels.

Correct Answer Many

Your Answer Many

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain manager for

inventory is to :-Correct Answer Decrease it

Your Answer Make Zero

Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?

Correct Answer Changing environment

Your Answer Uncertain demands

Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace inventory of :-

Correct Answer Customers , Manufacturers , Suppliers

Your Answer Suppliers , Customers , Distributors , Manufacturers

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Facility & Distribution

Multiple Choice Single AnswerQuestion In order to calculate 3 months moving average we must have how many observations?

Correct Answer Three

Your Answer Three

Multiple Choice Multiple AnswerQuestion The three things in personnel / business life, most people would like to forecast are :-

Correct Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery

Your Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery ,Income

Page 253: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion In practice, the data items for MPS will have normally same value in each week.

Correct Answer False

Your Answer False

Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-

Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced ,Continuous improvement always striving to improve

Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced ,Continuous improvement always striving to improve , Belief that ordering cost cant bereduced

Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the

________ step in creating supply chain.Correct Answer First

Your Answer First

Multiple Choice Single AnswerQuestion Experts thought that by 1990, in schools / colleges, there would be widespread use of

what type of sophisticated teaching?Correct Answer Machines

Your Answer Aids

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.

Correct Answer Contingency

Your Answer Contingency

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

Correct Answer Downstream

Your Answer Downstream

True/FalseQuestion Logistics covers 90% cost of manufacturing.

Page 254: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer False

Your Answer True

Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.

Correct Answer £ 25

Your Answer £ 25

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply chain operate :-

Correct Answer Independently

Your Answer Interdependently

Multiple Choice Single AnswerQuestion The third party logistics companies' capabilities are the result of extensive investment in

:-Correct Answer Technology

Your Answer Warehousing

Select The BlankQuestion Once we have all the information we should be able to ________ in terms of when to

place order with suppliers.Correct Answer Calculate

Your Answer Prepare

True/FalseQuestion The effect of buying discount / price breaks does need to be calculated additionally.

Correct Answer False

Your Answer True

Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-

Correct Answer Assets

Your Answer Assets

Match The Following

Page 255: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.

Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.

Modeling Is the process by which we try togain the understanding of how thecorresponding system behaves.

Is the process by which we try togain the understanding of how thecorresponding system behaves.

Simulation Is the tool for understandingissues of organizational decisionmaking.

Is the tool for understanding issuesof organizational decision making.

System Is the facility or process ofinterest.

Is the facility or process of interest.

True/FalseQuestion By going beyond internal supply chain & including external suppliers and customers

does not expose opportunities for improving internal operations.Correct Answer False

Your Answer False

Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive effect on :-

Correct Answer Logistic Cost , Customer satisfaction

Your Answer Logistic Cost , Customer satisfaction , Employee Morale , Operative Cost

Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might

exist in supply chain.Correct Answer Buffer

Your Answer Act as Safety stock

True/FalseQuestion In SCM concept, there is no requirement of comparing factory responses to market

place set up input.Correct Answer False

Your Answer False

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the

effective :-

Page 256: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Management

Your Answer Operation

Multiple Choice Multiple AnswerQuestion The treasury model of economy referred in the book which contains many variable and

is used to look at the effect of :-Correct Answer Interest Rate Changes , Tax Changes , Oil Price Change

Your Answer Interest Rate Changes , Tax Changes , Oil Price Change , Vehicle Rate Changes

Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of

Supply Chain to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventory

Your Answer Spare Parts , Raw Material , Finished Goods , Work in process inventory

Multiple Choice Single AnswerQuestion The term productivity is often ill-defined but basically, it's measurement is that of a

prescribed output to the resources :-Correct Answer Consumed

Your Answer Used

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-

Correct Answer Organisation

Your Answer Supply Chain Management

Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?

Correct Answer Pressure For the Change , Shared Vision , Capacity for Change

Your Answer Pressure For the Change , Shared Vision , Capacity for Change , Outbound Training

True/FalseQuestion Lead Time, Order control and Stock levels reduction are the variables in SCM model.

Correct Answer True

Your Answer True

Page 257: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?

Correct Answer Three

Your Answer Three

Multiple Choice Single AnswerQuestion To increase flexibility on production line what will have to be done with setup & change

overtimes?Correct Answer Decrease

Your Answer Decrease

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed

times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply

Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply ,Re-order level

True/FalseQuestion It would be impossible to find the minimum cost solution manually.

Correct Answer True

Your Answer False

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches aremethods

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

Which facilitate concise review & atthe same time attempt toaccommodate the above polarity.

Rough cut methods give guidingpolicies

For the operation decisions. For the operation decisions.

Network design methods For the most part give normativemodels for more strategicdecisions.

For the most part give normativemodels for more strategicdecisions.

Simulation is the method by which A comprehensive supply chainmodel can be analyzed.

A comprehensive supply chainmodel can be analyzed.

2ND COPY

Page 258: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

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

Correct Answer False

Your Answer False

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes more important

capability.Correct Answer Applicability

Your Answer Applicability

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Details

Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and

________.Correct Answer Requested delivery date

Your Answer Goods received

True/FalseQuestion There are no international EDI standards. The user organization require to develop it for their

operation only.Correct Answer False

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Order Processing Material Follow-up Material procurement

Order Picking Material Collection Material Collection

Order Consolidation Material Follow-up and Collection Material Follow-up

True/False

Page 259: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question Orders must be phased out in time so as to ensure that there is no stock out.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-

Correct Answer Agent Based management , Information System , Globalization

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

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

Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.

Is the tool for understanding issuesof organizational decision making.

Modeling Is the process by which we try togain the understanding of how thecorresponding system behaves.

Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.

Simulation Is the tool for understanding issuesof organizational decision making.

Is the process by which we try togain the understanding of how thecorresponding system behaves.

System Is the facility or process of interest. Is the tool used test the impact ofstrategic level decision have onsupply chain performance.

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

Correct Answer Audit Trail

Your Answer Audit Trail

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-

Page 260: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Order taking , Purchasing , Manufacturing

Your Answer Order taking , Purchasing , Manufacturing , Distribution

True/FalseQuestion The corporations production Kanban is the card which regulates the suppliers production

kanban.Correct Answer False

Your Answer True

Select The BlankQuestion The exponenti________y smoothed moving average takes into account All of the previous

observations.Correct Answer All

Your Answer Majority

Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed in ________

figures to reconcile physical stock against book stock.Correct Answer Adjustment

Your Answer Adjustment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-

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

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

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material & information flow, right

from raw material to consumption of finished goods but the focus is given to :-Correct Answer End User

Your Answer End User

Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-

Correct Answer Assets

Your Answer Non Core Activities

Page 261: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the planning period.

Correct Answer Allow

Your Answer Disallow

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

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

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

Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-

Correct Answer Use their experience , Use their expert judgment , Use their Knowledge

Your Answer To make judgments , Use their experience , Use their expert judgment , Use their Knowledge

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

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

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

Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be ordered is :-

Correct Answer 135

Your Answer 150

Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with order taking

employees?Correct Answer Purchasing

Your Answer Logistics

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since the Kanbans

specify item precisely, no defects can be tolerated.Correct Answer True

Page 262: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer True

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most significant impact?

Correct Answer Production

Your Answer Design

Multiple Choice Single AnswerQuestion In the Stage of Technological Development for IT enabled Supply Chain following thing is

very important :-Correct Answer MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/FalseQuestion The constant m is called smoothing constant in single exponentially smoothing.

Correct Answer True

Your Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of item.

Correct Answer Compare

Your Answer Predict

Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators can

be formulated to relate main process of Logistics to the major long term goals.Correct Answer Logistics

Your Answer Distribution

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

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's requirement, JIT has :

Page 263: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Reduced / eliminated inventory

Your Answer Reduced / eliminated inventory

Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely detailed

plan?Correct Answer MRP translates it

Your Answer MRP translates it

True/FalseQuestion If you use only Transport Kanban in Kanban process then it is known as simple Kanban

process.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In this

measurements usually covers :-Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer , EDBMS

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted asworld ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted asworld ADI Standard , Analog system

Select The BlankQuestion The four key figures of logistics strategic environment are competition, market served,

technology and ________ satisfactionCorrect Answer Stake holder's

Your Answer Customer's

True/FalseQuestion Total productivity appears the only relevant productivity measure for decision making

purpose.Correct Answer True

Your Answer False

Page 264: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the factors like :-

Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index , Availability ofproducts

Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was widespread by

which year?Correct Answer 1985

Your Answer 1980

Multiple Choice Single AnswerQuestion What is the technique in which, a body of experts are hired to arrive at opinion about the

future?Correct Answer Delphi

Your Answer Delphi

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter has to drive to and

obtain a minor part?Correct Answer Queue at supplier end

Your Answer Delay in getting components

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control elements such as :-

Correct Answer Warehousing , Transportation , Customer Service

Your Answer Warehousing , Transportation , Customer Service , Procurement

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

Correct Answer What-if

Your Answer What-if

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its existing

business?Correct Answer Performance

Page 265: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Profitability

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total productivity

management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment , 10000parts shipped per day

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

Correct Answer False

Your Answer False

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed becomes more

important capability.Correct Answer Applicability

Your Answer Applicability

Select The BlankQuestion BOMs are structural ________ that changes relatively infrequently.

Correct Answer Information

Your Answer Details

Select The BlankQuestion Customer order promised cycle time is gap between the purchase order creation and

________.Correct Answer Requested delivery date

Your Answer Goods received

Page 266: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion There are no international EDI standards. The user organization require to develop it

for their operation only.Correct Answer False

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Order Processing Material Follow-up Material procurement

Order Picking Material Collection Material Collection

Order Consolidation Material Follow-up and Collection Material Follow-up

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-

Correct Answer Agent Based management , Information System , Globalization

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

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

Correct Answer True

Your Answer True

Match The FollowingQuestion Correct Answer Your Answer

Analytical Solution Is the possibility of usingmathematical methods to obtainexact information on question ofinterest.

Is the tool for understandingissues of organizational decisionmaking.

Modeling Is the process by which we try togain the understanding of how

Is the possibility of usingmathematical methods to obtain

Page 267: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

the corresponding systembehaves.

exact information on question ofinterest.

Simulation Is the tool for understandingissues of organizational decisionmaking.

Is the process by which we try togain the understanding of how thecorresponding system behaves.

System Is the facility or process ofinterest.

Is the tool used test the impact ofstrategic level decision have onsupply chain performance.

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

Correct Answer Audit Trail

Your Answer Audit Trail

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-

Correct Answer Order taking , Purchasing , Manufacturing

Your Answer Order taking , Purchasing , Manufacturing , Distribution

True/FalseQuestion The corporations production Kanban is the card which regulates the suppliers

production kanban.Correct Answer False

Your Answer True

Select The BlankQuestion The exponenti________y smoothed moving average takes into account All of the

previous observations.Correct Answer All

Your Answer Majority

Select The BlankQuestion Periodic stock checks to count the stock physically enable the store to feed in

________ figures to reconcile physical stock against book stock.Correct Answer Adjustment

Your Answer Adjustment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-

Page 268: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory isZero

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

Multiple Choice Single AnswerQuestion SCM is the management philosophy to deal with integrated material & information

flow, right from raw material to consumption of finished goods but the focus is givento :-

Correct Answer End User

Your Answer End User

Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-

Correct Answer Assets

Your Answer Non Core Activities

Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over the planning

period.Correct Answer Allow

Your Answer Disallow

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-

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

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

Multiple Choice Multiple AnswerQuestion The box jenkins method requires forecasters to :-

Correct Answer Use their experience , Use their expert judgment , Use their Knowledge

Your Answer To make judgments , Use their experience , Use their expert judgment , Use theirKnowledge

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?

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

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

Page 269: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Single AnswerQuestion In order to avoid a stock in a specified period, the quantity required to be ordered is :-

Correct Answer 135

Your Answer 150

Multiple Choice Single AnswerQuestion Which employees will have to learn to manage shorter deadline along with order

taking employees?Correct Answer Purchasing

Your Answer Logistics

True/FalseQuestion All movements throughout the factory is controlled by Kanbans, and since the

Kanbans specify item precisely, no defects can be tolerated.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has most significant

impact?Correct Answer Production

Your Answer Design

Multiple Choice Single AnswerQuestion In the Stage of Technological Development for IT enabled Supply Chain following

thing is very important :-Correct Answer MRP-I, MRP-II, ERP

Your Answer MRP-I, MRP-II, ERP

True/FalseQuestion The constant m is called smoothing constant in single exponentially smoothing.

Correct Answer True

Your Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of item.

Page 270: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Compare

Your Answer Predict

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

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

Correct Answer Logistics

Your Answer Distribution

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

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion By arranging raw material deliveries at the start of day for one day's requirement, JIT

has :Correct Answer Reduced / eliminated inventory

Your Answer Reduced / eliminated inventory

Multiple Choice Single AnswerQuestion How does aggregate plan created by master production schedule become extremely

detailed plan?Correct Answer MRP translates it

Your Answer MRP translates it

True/FalseQuestion If you use only Transport Kanban in Kanban process then it is known as simple

Kanban process.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives.

In this measurements usually covers :-Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer , EDBMS

Page 271: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion EDIFACT is :-

Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,Promoted as world ADI Standard , Analog system

Select The BlankQuestion The four key figures of logistics strategic environment are competition, market

served, technology and ________ satisfactionCorrect Answer Stake holder's

Your Answer Customer's

True/FalseQuestion Total productivity appears the only relevant productivity measure for decision making

purpose.Correct Answer True

Your Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at the factors like

:-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index

Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index , Availabilityof products

Multiple Choice Single AnswerQuestion The upper quartile answer of the experts for automatic rapid transport was

widespread by which year?Correct Answer 1985

Your Answer 1980

Multiple Choice Single AnswerQuestion What is the technique in which, a body of experts are hired to arrive at opinion about

the future?Correct Answer Delphi

Your Answer Delphi

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a filter has to

drive to and obtain a minor part?

Page 272: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Queue at supplier end

Your Answer Delay in getting components

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control elements such

as :-Correct Answer Warehousing , Transportation , Customer Service

Your Answer Warehousing , Transportation , Customer Service , Procurement

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

Correct Answer What-if

Your Answer What-if

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production in its existing

business?Correct Answer Performance

Your Answer Profitability

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous total

productivity management cycle of :-Correct Answer Measurement , Evaluation , Planning

Your Answer Measurement , Evaluation , Planning , Effectiveness

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-

Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment

Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment ,10000 parts shipped per day

Supply Management ALPANA

True/FalseQuestion The recent survey in various companies about the use of 3 PL logistics showed signs of

satisfaction among shippers.Correct Answer FalseYour Answer True

Select The Blank

Page 273: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question ________ is only the management philosophy which helps organisation to move from one stepto another.

Correct Answer BenchmarkingYour Answer Benchmarking

Select The BlankQuestion ________ demand is converted into order information and passed down through the supply

chain to trigger product release to the customer.Correct Answer End ConsumerYour Answer Market

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock out.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Replacement cost

True/FalseQuestion Supply chain is the expense centre in the organization.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion In order to calculate 3 months moving average we must have how many observations?Correct Answer ThreeYour Answer Three

Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed to reduce their :-Correct Answer AssetsYour Answer Assets

Multiple Choice Single AnswerQuestion An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic

response to :-Correct Answer Simulation ModelYour Answer Simulation Model

True/FalseQuestion Customer service is prime motto for SCM.Correct Answer TrueYour Answer True

True/FalseQuestion Retailers are not interested in low stock run.Correct Answer TrueYour Answer True

True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion The decision to hire 3PL services appears to originate from :-Correct Answer Top ManagementYour Answer Top Management

Page 274: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are Less

responsive to change in demand.Correct Answer LessYour Answer Less

Multiple Choice Multiple AnswerQuestion The information Enriched comprises of:-Correct Answer Consumer Habits , Habit frequency , Future dispatch fluctuationYour Answer Consumer Habits , Habit frequency , Future dispatch fluctuation

True/FalseQuestion Entities in a supply chain may belong to different organization within different companies.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion Products, with highly unpredictable levels of demand, high criticality, must hold high levels of

stock and thereby allowing safety margins for :-Correct Answer Delivery , Lead time , Demand FluctuationYour Answer Delivery , Lead time , Demand Fluctuation

Select The BlankQuestion Category C items are relatively unimportant inventory items & are responsible for ________% of

inventory cost.Correct Answer 5Your Answer 10

Multiple Choice Single AnswerQuestion Within the newly arranged factory floor, workers were encouraged to be the :-Correct Answer Members of teamYour Answer Members of team

Select The BlankQuestion Simple method for Time series forecasting is to take a ________ Average.Correct Answer MovingYour Answer Moving

Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-Correct Answer Production & warehouse premises , Production equipment , Information & IT systemYour Answer Information & IT system , Production & warehouse premises , Production equipment

Multiple Choice Multiple AnswerQuestion The assumptions in the example of MPS are :-Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is ZeroYour Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero

Multiple Choice Multiple AnswerQuestion To forecast the date of death the knowledge of the following is necessary :-Correct Answer Life expectancy of Middle age , Medical test data on persons , His Living StyleYour Answer Life expectancy of Middle age , Medical test data on persons , His Living Style

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item

Multiple Choice Multiple AnswerQuestion EDIFACT is :-Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as

world ADI Standard

Page 275: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted asworld ADI Standard

Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused at a particular segment of

chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Percentage Wide Management

Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the total number of suppliers.Correct Answer ReduceYour Answer Increase

Multiple Choice Single AnswerQuestion In the Supply Chain approach the example for the Individual set of Business activities is the :-Correct Answer Logistics ActivitiesYour Answer Logistics Activities

Multiple Choice Multiple AnswerQuestion With component commonality step 1(operation) storage 1 (buffer) will depend on :-Correct Answer Incremental investment cost for producing common components at step 1 , Unit cost of

step 1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storageYour Answer Incremental investment cost for producing common components at step 1 , Unit cost of step

1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storage

Select The BlankQuestion The primary purpose of inventory is to ________ against any uncertainty that might exist in

supply chain.Correct Answer BufferYour Answer Act as Safety stock

Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for major market places like:-Correct Answer America , Asia , EuropeYour Answer America , Asia , Europe

True/FalseQuestion The advantage of using moving average for forecasting is that in calculating the average all the

observations are given equal weightage.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion How many weeks is the lead time between releasing an order to shop floor & producing a

finished good?Correct Answer 2Your Answer 2

Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be

consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More RevenueYour Answer Cycle Time , On Time Delivery , Reduce Inventory Cost

Multiple Choice Single Answer

Page 276: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The Total pipeline usage of direct market data is reduced when the system filters out of highfrequency fluctuations in demand. This is known as :-

Correct Answer Forrester EffectYour Answer Ferguson Effect

Multiple Choice Multiple AnswerQuestion Risk a stock out can be faced because of :-Correct Answer Delay in resupply , Higher than anticipated usage , Unpredictable demandYour Answer Delay in resupply , Higher than anticipated usage , Unpredictable demand

Select The BlankQuestion The Function for EDI software is message tracking and ________.Correct Answer Audit TrailYour Answer LACES

Match The FollowingQuestion Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Industrial dynamics Burbidge Del-Vecchio

Multiple Choice Multiple AnswerQuestion Which are the SMART goals?Correct Answer Specific , Measurable , AttainableYour Answer Specific , Measurable , Attainable

Select The BlankQuestion As compared to minimal cost strategy the level strategy is ________.Correct Answer CheaperYour Answer Complex

True/FalseQuestion Another aspect of Toyoto production system was reduction of setup time.Correct Answer TrueYour Answer True

Select The BlankQuestion One of the factors behind Japanese success story as geographic proximity and that suppliers

are often ________ around the major customers.Correct Answer ClusteredYour Answer Non-clustered

Select The BlankQuestion All of the product, process & infrastructure changes ________ will have an impact on the

knowledge & skills the employees will need to posses.Correct Answer OutlinedYour Answer Given

True/FalseQuestion EDI helps in Just In Time for manufacturing.Correct Answer TrueYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

Page 277: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Developing corrective action establishes That the effort should be carefully organized else success willnot be achieved Whether or not conformance to expectation is present

Random cycle counting establishes Whether or not conformance to expectation is present Thephysical quantity available

Counting the control group establishes The physical quantity availableconformance to expectation is present

Comparing the counts to records establishes The comparing physical count to computer recordsThe computer record available

Multiple Choice Single AnswerQuestion Calculation of Economic Order Quantity seeks to reconcile, ordering & holding cost for what size

of order?Correct Answer OptimumYour Answer Optimum

LIST OF ATTEMPTED QUESTIONS AND ANSWERS MAYANK GOYAL

True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning,

purchasing, sales and distribution.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the example given?Correct Answer 5Your Answer 2

Select The BlankQuestion The purpose of the analysis is to discern some relationship between Y1 values observed so far

in order to ________ us to forecast future values of Y1.Correct Answer EnableYour Answer Allow

True/FalseQuestion MRP package can be used to examine, meeting the predetermined production schedule for

chairs.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

Multiple Choice Single AnswerQuestion Hiring cost per employee is:-Correct Answer Hiring costYour Answer Employing cost

True/FalseQuestion Retailers are not interested in low stock run.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion In the world class logistics study (Published in 1995) there is requirement of :-Correct Answer New SCM approach

Page 278: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer New SCM approach

True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Industrial Re-engineering concepts encourage :-Correct Answer Modular Organization of work , Multi-skilling , On the job training proceduresYour Answer Modular Organization of work , Multi-skilling , Minimum level of quality to satisfy customers

Multiple Choice Multiple AnswerQuestion JIT is :-Correct Answer Top Down system , Centrally organized , Imposed production systemYour Answer Top Down system , Centrally organized , Imposed production system

Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer Used to control the flow of item through the production process , A push process , A

signal or message of communicationYour Answer A signal or message of communication , Used to control the flow of item through the

production process , A push process

Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as possible to

have market driven :-Correct Answer ProductionYour Answer Procurement

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those requirements, the

package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with disruption.Correct Answer ContingencyYour Answer Emergency

Multiple Choice Single AnswerQuestion In the Stage of Technological Development for IT enabled Supply Chain following thing is very

important :-Correct Answer MRP-I, MRP-II, ERPYour Answer ABC analysis, JIT, Traditional System

Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based , Operation Based

Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans of several plants.Correct Answer ProductionYour Answer Transportation

Page 279: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Multiple AnswerQuestion In Supply Chain Management, the goal is to be able to replace inventory of :-Correct Answer Manufacturers , Suppliers , CustomersYour Answer Manufacturers , Suppliers , Customers

Select The BlankQuestion The overtime cost per hour is ________ in minimal cost strategy.Correct Answer £ 25Your Answer £ 27

Select The BlankQuestion The third party providers who can ________ the need of transition from their focus on product

oriented services to new strategies like long term business partnerships will most likely enjoy long termsuccess.

Correct Answer MeetYour Answer Support

Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant of the following?Correct Answer KanbanYour Answer Kanban

Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quantity , Quality , Delivery

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's strategic objectives. In this

measurements usually covers :-Correct Answer Customer , Internal Business , TrainingYour Answer Internal Business , Training , EDBMS

Multiple Choice Multiple AnswerQuestion The inventory control systems are :-Correct Answer Two bin , Re-order cycle , Annual demandYour Answer Two bin , Annual demand

Select The BlankQuestion The recent development within information technology and software Engineering gives

________ opportunity for Integration and Co-ordination.Correct Answer UnprecedentedYour Answer Unlimited

True/FalseQuestion In practice, the data items for MPS will have normally same value in each week.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion Just in Time means that items move through which system as & when they are needed?Correct Answer ProductionYour Answer Distribution

Select The BlankQuestion The geographic placement of production facility, stocking points & sourcing is the ________

step in creating supply chain.Correct Answer FirstYour Answer Second

Select The Blank

Page 280: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question ________ demand is converted into order information and passed down through the supplychain to trigger product release to the customer.

Correct Answer End ConsumerYour Answer Market

Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of Supply Chain

to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventoryYour Answer Spare Parts , Raw Material , Finished Goods

Multiple Choice Multiple AnswerQuestion If the requirement of chairs as given are 135 in week 3, 90 in week 5, 60 in week 6 then the

requirement of backs are :-Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4Your Answer 90 in week 3 , 60 in week 4

Multiple Choice Single AnswerQuestion Who has given a design oriented approach in management control literature?Correct Answer VosselmanYour Answer Cooper

Select The BlankQuestion The mode choice aspect of transport decisions are more ________ ones, as they are closely

linked with inventory decision.Correct Answer StrategicYour Answer Strategic

Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other

parts of & enabling it to choose alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Satisfy

Multiple Choice Single AnswerQuestion Which is the area in which no one has yet developed a reliable forecasting technique?Correct Answer Investment PolicyYour Answer Requirements

Multiple Choice Single AnswerQuestion Any mistakes in specifying BOMs could have what type of results on shop floor?Correct Answer Disastrous consequenceYour Answer Disastrous consequence

True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

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

Modeling Is the process by which we try to gain the understanding of how the corresponding systembehaves. Is the tool used test the impact of strategic level decision have on supply chainperformance.

Simulation Is the tool for understanding issues of organizational decision making. Is the possibilityof using mathematical methods to obtain exact information on question of interest.

Page 281: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

System Is the facility or process of interest. Is the tool used test the impact of strategic level decision haveon supply chain performance.

True/FalseQuestion The recent survey in various companies about the use of 3 PL logistics showed signs of

satisfaction among shippers.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Which network between companies making different ingredients to many products can be

charted?Correct Answer Supply networkYour Answer Production network

Match The FollowingQuestion Correct Answer Your Answer

Other Unit production cost The cost of production of one unit of the product that is not accounted inemployee cost. The cost of holding one unit in stock at the end of each period.

Hiring cost The cost of hiring an employee. The cost of hiring an employee.

Unit inventory holding cost The cost of holding one unit in stock at the end of each period. The costof holding one unit procured from external source at the end of each period.

Unit subcontracting cost The cost of each unit bought from external source. The cost of holding oneunit in stock at the end of each Month.

True/FalseQuestion The enriching the order decisions with market place information enables the factory to be much

more responsive, since less supply chain Filtering is taking place.Correct Answer TrueYour Answer True

True/FalseQuestion Logistics must be treated as cost saving function.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information SystemYour Answer Integrated Logistics Function , Expertise In Information System , Specialized Logistics

Function

True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True

LIST OF ATTEMPTED QUESTIONS AND ANSWERS AMIT CHUG

True/FalseQuestion Lead Time, Order control and Stock levels reduction are the variables in SCM model.Correct Answer TrueYour Answer True

Select The Blank

Page 282: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The hiring cost of one employee is ________ in minimal cost strategy.Correct Answer £ 500Your Answer £ 450

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be treated as ________.Correct Answer Cost saving centreYour Answer VADS

Select The BlankQuestion The 3 PL must overcome some problems about the perception among companies that third

parties have________ their job.Correct Answer Over promised but under delivered.Your Answer Over promised but under delivered.

True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning,

purchasing, sales and distribution.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The vital player in the traditional supply chain is :-Correct Answer RetailerYour Answer Consumer

Multiple Choice Single AnswerQuestion What is required to facilitate logistics process of quickly moving material on numerous work

stations on the production line?Correct Answer Clean & well organized environmentYour Answer Clean & well organized environment

Multiple Choice Single AnswerQuestion What can be seen as a measurement of resource utilization including time element?Correct Answer ProductivityYour Answer Productivity

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the effective :-Correct Answer ManagementYour Answer Management

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion In SCM metrics, customer measurements are :-Correct Answer Backorder Levels , On Time Delivery , Order Fill RateYour Answer Cycle Time , Order Fill Rate , Backorder Levels

True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that demand forecast will be

completely accurate.Correct Answer TrueYour Answer True

Page 283: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True

Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the total number of suppliers.Correct Answer ReduceYour Answer Reduce

Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other

parts of & enabling it to choose alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Optimize

Multiple Choice Single AnswerQuestion To achieve standardization & customization at the same time, what will have to be done with

products?Correct Answer Develop new products with robust designYour Answer Develop new products with robust design

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement, experiences a radically

different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product

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

proliferation

Multiple Choice Multiple AnswerQuestion If the demand forecast is accurate then consequently which of the following will be accurate?Correct Answer Master Production Schedule , Material Requirement Planning , Production planningYour Answer Master Production Schedule , Material Requirement Planning , Production planning

Select The BlankQuestion Paper or computer records require time to check ________ against recorder level.Correct Answer StockYour Answer Inventory

Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Attentive

Match The FollowingQuestion Correct Answer Your Answer

Product Champion Andraski Forrester(1960)

Pull & Push concept discussion Hoeskstra & Romme Poul Jonh

Simulation Model Sterman Andraski

Player concept Forrester(1960) Sterman

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain manager for inventory is

to :-Correct Answer Decrease it

Page 284: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Decrease it

Select The BlankQuestion Value added data service for EDI communication is known as ________.Correct Answer VANYour Answer ANSI

Match The FollowingQuestion Correct Answer Your Answer

Expedition More frequent & flexible delivery may be required for realignment of process Companies thatused to collect customer orders on a monthly basis will need to shorten the information collection cycle timefor realignment of process

Purchasing More flexible & frequent purchasing operation need to be established for realignment of processMore flexible & frequent purchasing operation need to be established for realignment of process

Manufacturing If the installation of the most expensive components is to be delayed as much as possible,change in the sequence & timing of manufacturing steps may be required for realignment of process If theinstallation of the most expensive components is to be delayed as much as possible, change in thesequence & timing of manufacturing steps may be required for realignment of process

Order taking Companies that used to collect customer orders on a monthly basis will need to shorten theinformation collection cycle time for realignment of process More frequent & flexible delivery may berequired for realignment of process

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

Multiple Choice Single AnswerQuestion In master production schedule, the aim of any organization is to have fixed period as possible to

have market driven :-Correct Answer ProductionYour Answer Production

True/FalseQuestion JIT need to be applied to all stages of process.Correct Answer TrueYour Answer True

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________ turnover of item.Correct Answer CompareYour Answer Predict

Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order QuantityYour Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity

Multiple Choice Single AnswerQuestion The alternative strategy to meet the increased demand will be to buy from subcontractor if it

would have been :-Correct Answer At cheaper costYour Answer At cheaper cost

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

Page 285: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Strategic

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected salesYour Answer Scheduled receipt , Projected net required , Planned order Release

True/FalseQuestion For total productivity, the Japanese concentrate on the indicators of various elements rather

than measuring the output input ratio.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Postponement benefits are :-Correct Answer Increased sales , Lower inventory holding cost , Lower scrap costYour Answer Increased sales , Lower inventory holding cost , Lower scrap cost

Multiple Choice Multiple AnswerQuestion The problems faced by the HP DCs due to traditional system were :-Correct Answer Large finished goods inventory , Additional stock to handle all the product proliferation ,

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

Increasing emphasize placed on speed

Multiple Choice Single AnswerQuestion Today's supply chain are very complicated to be controlled based on intution, hence what is

necessary to have statistical data on the performance of supply chain?Correct Answer AccessYour Answer Access

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?Correct Answer To provide for cause , To provide for corrective action , To provide for future actionYour Answer Measure the level of conformance to expectable , To provide for cause , To provide for

corrective action

Multiple Choice Single AnswerQuestion When both the cards are used then the Kanban process is known as :-Correct Answer IntegratedYour Answer Integrated

True/FalseQuestion By going beyond internal supply chain & including external suppliers and customers does not

expose opportunities for improving internal operations.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion In SCM metrics, Training means :-Correct Answer Inhouse training , APICS Membership , Certification TrainingYour Answer Inhouse training , APICS Membership , Certification Training

Multiple Choice Single AnswerQuestion At what level Master Production schedule operates?Correct Answer AggregateYour Answer Aggregate

Multiple Choice Single AnswerQuestion Inadequate & excess inventory both are revenue losses for a business so as to avoid this, which

of the following is required?Correct Answer TQM & JIT

Page 286: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer ERP

Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________

sourcing initiative.Correct Answer partnershipYour Answer Sterman

Multiple Choice Single AnswerQuestion How the proactive levers attack the causes of variability?Correct Answer DirectlyYour Answer Directly

Select The BlankQuestion Most real world systems are too complex to allow realistic models to be ________ analytically.Correct Answer EvaluatedYour Answer Compared

Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information SystemYour Answer Integrated Logistics Function , Expertise In Information System

LIST OF ATTEMPTED QUESTIONS AND ANSWERS ASHISH MEHTA

True/FalseQuestion The visual record process is only a sub-process in Japanese Kanban Management system.Correct Answer TrueYour Answer True

Select The BlankQuestion The Japanese have mastered supply chain management & the extent to which their ________

are involved in the product development process.Correct Answer SuppliersYour Answer Distributors

Multiple Choice Single AnswerQuestion Master production schedule helps to improve the performance of the value flow across the :-Correct Answer Supply chainYour Answer Supply chain

Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of responsiveness of Supply Chain

to market demand :-Correct Answer Raw Material , Finished Goods , Work in process inventoryYour Answer Raw Material , Finished Goods , Work in process inventory

Select The BlankQuestion All of the product, process & infrastructure changes ________ will have an impact on the

knowledge & skills the employees will need to posses.Correct Answer OutlinedYour Answer Outlined

Multiple Choice Single AnswerQuestion The number of weeks taken for ordering material at beginning till the finished products reach

customer in the apperal industry as per Flaherty report is:-Correct Answer 58.5 weeksYour Answer 58.5 weeks

Select The BlankQuestion Supply chains consist of ________ of companies.Correct Answer Multiple Layers

Page 287: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Performance

True/FalseQuestion The economic order quantity is the order quantity that minimizes total cost.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The level strategy is solution where in number of workers are :-Correct Answer Always FixedYour Answer Always Fixed

Select The BlankQuestion Total annual cost is the function that we want to ________ by choosing an appropriate value of

quantity.Correct Answer MinimiseYour Answer Keep fixed

Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the same and are Less

responsive to change in demand.Correct Answer LessYour Answer Less

Multiple Choice Multiple AnswerQuestion The consequence of longer lead time will often be :-Correct Answer Reduce Production Facility , Higher Levels Of Inventory , Less DependabilityYour Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory

Multiple Choice Single AnswerQuestion The UK EDI Standards developed by ANA( Article Numbering Association) is Known as :-Correct Answer TRADACOMSYour Answer TRADACOMS

True/FalseQuestion The globalization of supply chain does not change the requirement within supply chain

management.Correct Answer FalseYour Answer True

Select The BlankQuestion The 3 PL must overcome some problems about the perception among companies that third

parties have________ their job.Correct Answer Over promised but under delivered.Your Answer Over promised but under delivered.

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven, coordinated with actual customer

demand?Correct Answer Pull Base SystemYour Answer Pull Base System

True/FalseQuestion Inventory Turns means turns over per year for inventory procurement.Correct Answer TrueYour Answer True

Page 288: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key for the effective :-Correct Answer ManagementYour Answer Management

Select The BlankQuestion Kanban is not a magic bullet, it is rather an organizational shift towards ________ of

responsibility.Correct Answer DecentralizationYour Answer Centralization

Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered are :-Correct Answer Full Regular Time capacity , No over time Planning , No SubcontractingYour Answer Full Regular Time capacity , No over time Planning , No Subcontracting

Match The FollowingQuestion Correct Answer Your Answer

Planned order receipt What we will receive each period as a result of planned orders When we need torelease the planned orders having regard to lead time required

Planned order release When we need to release the planned orders having regard to lead time requiredWhat we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoidsuch stock outs

Projected on hand What the inventory level will be if we produce according to plan above & demand forecastis correct What the inventory level will be if we produce according to plan above & demand forecast iscorrect

Projected net requirement What we will need in each period to avoid stock out i.e. the orders that should beplaced in order to avoid such stock outs What we will receive each period as a result of planned orders

True/FalseQuestion General Co-ordination is the integration of different function, i.e. production planning,

purchasing, sales and distribution.Correct Answer TrueYour Answer True

Select The BlankQuestion The recent development within information technology and software Engineering gives

________ opportunity for Integration and Co-ordination.Correct Answer UnprecedentedYour Answer Unprecedented

Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?Correct Answer Pressure For the Change , Shared Vision , Capacity for ChangeYour Answer Pressure For the Change , Shared Vision , Capacity for Change

Match The FollowingQuestion Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services with dependability and accuracy This isthe measure related to a maximum of an organizations ability to provide demanded goods & service in theamount requested

Quality of operation This relates to customer requirement & needs being consistently satisfied This relates tocustomer requirement & needs being consistently satisfied

Page 289: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Speed of operation This is efficient use of time from order to delivery This is efficient use of time from orderto delivery

Capacity Utilization This is the measure related to a maximum of an organizations ability to providedemanded goods & service in the amount requested It relates with the ability to perform the promisedservices with dependability and accuracy

Select The BlankQuestion A further development of ________ performance measures is that a matrix of indicators can be

formulated to relate main process of Logistics to the major long term goals.Correct Answer LogisticsYour Answer Distribution

True/FalseQuestion Direct cost increase can be caused by product or process redesign.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The factors that are to be taken into consideration for the suitability of the Kanban for any nation

are :-Correct Answer Firm , Cultural differences , External dimensions of nation businessYour Answer Firm , Cultural differences , External dimensions of nation business

True/FalseQuestion The key to integration is co-ordination.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The information Enriched simulation Model is based on :-Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional ModelYour Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

Multiple Choice Multiple AnswerQuestion The advantages of Kanban system are :-Correct Answer A simple system , Provides quick & precise information , Low cost associated with the

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

transfer of information

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-Correct Answer Order taking , Purchasing , ManufacturingYour Answer Order taking , Purchasing , Manufacturing

True/FalseQuestion To reconcile JIT and EOQ, we don’t take fixed setup cost and / or variable holding cost as fixed

but seek to reduce them.Correct Answer TrueYour Answer True

True/FalseQuestion Customer satisfaction through quality must be balanced against environmental impact & strain

on the workforce.Correct Answer TrueYour Answer True

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt

of order, the company has to maintain significant amount of inventory.

Page 290: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and variable quantity at fixed times has

implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply

True/FalseQuestion The strategic & Operational decisions are to effectively & efficiantly manage, the product flow in

the strategically planned supply chain.Correct Answer TrueYour Answer True

Select The BlankQuestion ________ demand is converted into order information and passed down through the supply

chain to trigger product release to the customer.Correct Answer End ConsumerYour Answer End Consumer

Select The BlankQuestion The integration will make each unit of organization understand how the action will impact other

parts of & enabling it to choose alternative that ________ the organization goal.Correct Answer OptimizeYour Answer Optimize

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for the :-Correct Answer OrganisationYour Answer Organisation

Multiple Choice Single AnswerQuestion In a traditional informational pipeline supply chain player always received order information from

:-Correct Answer ConsumerYour Answer Consumer

True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that demand forecast will be

completely accurate.Correct Answer TrueYour Answer True

True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five years.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion In Kanban concept, in which area, there is no storage?Correct Answer ProductionYour Answer Production

Multiple Choice Single AnswerQuestion How many weeks is the lead time between releasing an order to shop floor & producing a

finished good?Correct Answer 2Your Answer 2

Multiple Choice Single AnswerQuestion What is Supply Chain?

Page 291: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Network of Facility & DistributionYour Answer Network of Facility & Distribution

Page 292: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedLIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Necessary

Match The FollowingQuestion Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services withdependability and accuracy It relates with the ability to perform the promisedservices with dependability and accuracy

Quality of operation This relates to customer requirement & needs beingconsistently satisfied This relates to customer requirement & needs beingconsistently satisfied

Speed of operation This is efficient use of time from order to delivery This isefficient use of time from order to delivery

Capacity Utilization This is the measure related to a maximum of an organizationsability to provide demanded goods & service in the amount requested This is themeasure related to a maximum of an organizations ability to provide demandedgoods & service in the amount requested

Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle Time

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single

integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

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

creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date

Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit

shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit

shipped

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

calculated additionally.Correct Answer FalseYour Answer True

True/FalseQuestion The advantage of using moving average for forecasting is that in

calculating the average all the observations are given equal weightage.Correct Answer TrueYour Answer True

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

Page 1

Page 293: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedCorrect Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion What are the major steps in cycle counting?Correct Answer Cycle counting , Control group cycle counting , Random cycle

countingYour Answer Control group cycle counting , Random cycle counting

Multiple Choice Single AnswerQuestion Total cost of Ownership & direct Product Profitability are focused

at a particular segment of chain intended to be used for :-Correct Answer Chain wide ManagementYour Answer Chain wide Management

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

key for the effective :-Correct Answer ManagementYour Answer Management

Multiple Choice Single AnswerQuestion Within the production field, which process is the most significant

of the following?Correct Answer KanbanYour Answer Kanban

True/FalseQuestion Customer satisfaction through quality must be balanced against

environmental impact & strain on the workforce.Correct Answer TrueYour Answer True

Match The FollowingQuestion Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Industrial dynamics Burbidge Van Amstel

Select The BlankQuestion We have criteria for ________ forecasts, however generalized they

are.Correct Answer DistinguishingYour Answer Comparing

Select The BlankQuestion According the example, for minimal cost, the number of initial

workers considered is ________Correct Answer 10Your Answer 9

Multiple Choice Single AnswerQuestion If the demand forecast is more accurate which will result in

inventory problems what will be its effect on Inventory Carrying and Orderingcost?Correct Answer It will be optimizedYour Answer It will be reduced

Multiple Choice Single AnswerQuestion By not ordering chairs, we reach a stock out by which week in the

example given?Correct Answer 5

Page 2

Page 294: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedYour Answer 6

Multiple Choice Single AnswerQuestion Mr. Lunch cross show performance which is filtered down from

corporate vision as a :-Correct Answer PyramidYour Answer Pyramid

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

received order information from :-Correct Answer ConsumerYour Answer Consumer

Multiple Choice Multiple AnswerQuestion Kanban is :-Correct Answer A signal or message of communication , Used to control the

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

of item through the production process , A push process

True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True

Select The BlankQuestion ________ is only the management philosophy which helps organisation

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

Multiple Choice Single AnswerQuestion In which technique when applied to the use of numbers in

forecasting, vary from high to low?Correct Answer QualitativeYour Answer Qualitative

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

embrace :-Correct Answer Quantity , Quality , DeliveryYour Answer Quality , Delivery , Facilities

Multiple Choice Single AnswerQuestion If the material requirement plan is accurate, then it results in

better management of :-Correct Answer Cash flowYour Answer Production

Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Directly

Multiple Choice Multiple AnswerQuestion The majority of companies said that using 3 PL services had positive

effect on :-Correct Answer Logistic Cost , Customer satisfactionYour Answer Logistic Cost , Customer satisfaction , Employee Morale

Multiple Choice Single AnswerQuestion What affects the forecasting of performance levels?Correct Answer Changing environmentYour Answer Foreseen events

Select The BlankQuestion One of the ideas behind JIT is to reduce fixed setup cost & variable

Page 3

Page 295: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combinedholding cost to ________ total costCorrect Answer Drive downYour Answer Minimise

True/FalseQuestion Distribution & Warehousing comes under supply chain measurement.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion The SCM key metrics should be closely aligned to the company's

strategic objectives. In this measurements usually covers :-Correct Answer Internal Business , Training , CustomerYour Answer Internal Business , Training , Customer

True/FalseQuestion The impact of indirect cost increase is sometimes not limited to

company implementing postponement, but affects the other players in the supplychain.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead

time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination

Select The BlankQuestion According to Ducker, Customer focus oriented logistics must be

treated as ________.Correct Answer Cost saving centreYour Answer Cost saving centre

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-Correct Answer What products to produce , Which plants to produce them ,

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

Allocation of Suppliers to plants

True/FalseQuestion The economic order quantity is the order quantity that minimizes

total cost.Correct Answer TrueYour Answer True

True/FalseQuestion Backorder means an unfilled customer order.Correct Answer TrueYour Answer False

Select The BlankQuestion For the good result, supply chain require to be very ________.Correct Answer TransparentYour Answer Transparent

Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost /

demand data is ________ accurate.Correct Answer ReasonablyYour Answer Completely

Multiple Choice Single AnswerQuestion The most relevant measures for capital input is that of :-Correct Answer Replacement costYour Answer Market value

Page 4

Page 296: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedMultiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply

chain, is known as :-Correct Answer PipelineYour Answer Chainline

Multiple Choice Multiple AnswerQuestion Fixed quantity systems :-Correct Answer Can cope well with demand variability , Facilitate lower

stocks , Orders can not be consolidated to secure supplier discountsYour Answer Are easy to manage , Can cope well with demand variability ,

Facilitate lower stocks

Multiple Choice Multiple AnswerQuestion The media for EDI communication are :-Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link

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

Multiple Choice Multiple AnswerQuestion In the single product example defined for planning into periods,

some of the options are :-Correct Answer Regular time , Hire employees , Fire employeesYour Answer Regular time , Hire employees , Fire employees

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

relatively infrequently.Correct Answer TrueYour Answer True

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for

Supply chain Priorities:-Correct Answer Reduce Inventory Cost , More Revenue , On Time DeliveryYour Answer Reduce Inventory Cost , Cycle Time , On Time Delivery

Multiple Choice Single AnswerQuestion Product lines with highly customized end product find it difficult

to forecast on product basis :-Correct Answer The demandYour Answer The demand

Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with

:-Correct Answer Relay TeamYour Answer Relay Team

True/FalseQuestion All forecasting methods require complex calculations and therefore

are ideally suited to be done by a computer.Correct Answer FalseYour Answer True

True/FalseQuestion The measures suggested by Balloy have limited application, mainly at

the strategic rather that operational level.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion Which is the system in which production is demand driven,

coordinated with actual customer demand?Correct Answer Pull Base SystemYour Answer Push Base system

Page 5

Page 297: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combined

Select The BlankQuestion BOM can have ________ levels.Correct Answer ManyYour Answer Two

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Transportation of item

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

True/FalseQuestion Warehousing & Transportation are not at all related activity in SCM.

Correct Answer FalseYour Answer False

Select The BlankQuestion In the MRP package referred in the example, the entry of capacity

data is to see if we are________ production capacity.Correct Answer ExceedingYour Answer Not meeting

Multiple Choice Multiple AnswerQuestion Both the ordering system fixed quantity at variable times and

variable quantity at fixed times has implications for :-Correct Answer Safety stock , Operational responsiveness , Level of risk

involved given variable supplyYour Answer Safety stock , Operational responsiveness , Level of risk

involved given variable supply

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Tactical

Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery

date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time

Select The BlankQuestion One of the factors behind Japanese success story as geographic

proximity and that suppliers are often ________ around the major customers.Correct Answer ClusteredYour Answer Clustered

Multiple Choice Multiple AnswerQuestion Implementing JIT system is a task that can't be undertaken lightly,

it will be expensive in terms of :-Correct Answer Management & effort , Initial implementation , The continuing

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

effort to run the system

Multiple Choice Single AnswerQuestion Outsourcing to 3PL companies to world class standards allow the

company to realize their anticipated benefits:-Correct Answer ImmediatelyYour Answer Immediately

True/FalsePage 6

Page 298: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer False

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

information system?Correct Answer Major overhaulYour Answer Major overhaul

Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network

that is to be usedYour Answer The EDI that is to be employed , The Network that is to be used ,

coding system

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

mainly based on:-Correct Answer Decision MakingYour Answer Data Structure

Match The FollowingQuestion Correct Answer Your Answer

Manager participation in SCM activity 0.16 0.16

Director/GM participation in SCM activity 0.28 0.28

Vice President participation in SCM activity 0.17 0.17

President participation in SCM activity 0.14 0.14

True/FalseQuestion In the supply chain, a team of four player, retailer, distributor,

warehouse, factory is require to get involved for the success.Correct Answer TrueYour Answer True

True/FalseQuestion BOM is best thought of as divided interval levels.Correct Answer TrueYour Answer True

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

extremely detailed plan?Correct Answer MRP translates itYour Answer MRP translates it

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet

those requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

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

the organization?Correct Answer CommonYour Answer Common

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-Correct Answer Short Term , Medium Term , Long TermYour Answer Short Term , Medium Term , Long Term

Page 7

Page 299: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combined

True/FalseQuestion The globalization of supply chain does not change the requirement

within supply chain management.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look

at the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation

IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation

Index

True/FalseQuestion If the supply chain do not track uncertainties than it leads to non

optimal stocking levels.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle

counting?Correct Answer To provide for cause , To provide for corrective action , To

provide for future actionYour Answer Measure the level of conformance to expectable , To provide for

cause , To provide for corrective action

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement,

experiences a radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time

to market , Low product proliferationYour Answer Low value of short time to market , Low product proliferation ,

Medium inventory value

Select The BlankQuestion A further development of ________ performance measures is that a

matrix of indicators can be formulated to relate main process of Logistics to themajor long term goals.Correct Answer LogisticsYour Answer Distribution

True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer False

Multiple Choice Single AnswerQuestion In any event, we prefer the forecasting method that gives which type

of Average squared error?Correct Answer LowestYour Answer Zero

Select The BlankQuestion The indirect cost increase has the consequent ________ the

infrastructure & resources.Correct Answer Impacts onYour Answer Effects on

Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996

Select The BlankQuestion In re-order level approach average stock levels stay more or

Page 8

Page 300: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combined________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less

Match The FollowingQuestion Correct Answer Your Answer

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

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

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

ABC Analysis Can be used to classify stock groups Can be used to classify stockgroups

Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal

Level of Order QuantityYour Answer Setting Safety Stock level , Optimal Level of Order Quantity ,

Setting of production levels

Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by

which methods?Correct Answer Just in timeYour Answer Just in time

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook

PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion JIT philosophy has following features :-Correct Answer Elimination of waste in many forms , Belief that ordering /

holding cost can be reduced , Continuous improvement always striving to improveYour Answer Elimination of waste in many forms , Belief that ordering /

holding cost can be reduced , Continuous improvement always striving to improve

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed

becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability

Select The BlankQuestion Japanese logistics performance and its ________ are paramount

priorities in their business environment.Correct Answer EffectivenessYour Answer Effectiveness

Select The BlankQuestion Suppliers agree to give customer ________ plans to cope with

disruption.Correct Answer ContingencyYour Answer Contingency

LIST OF ATTEMPTED QUESTIONS AND ANSWERSPage 9

Page 301: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combined

Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?Correct Answer Pressure For the Change , Shared Vision , Capacity for Change

Your Answer Shared Vision , Capacity for Change , Outbound Training

Multiple Choice Single AnswerQuestion Which is the area in which no one has yet developed a reliable

forecasting technique?Correct Answer Investment PolicyYour Answer Investment Policy

Multiple Choice Single AnswerQuestion To cut extra cost due to nil inventory, in which week we should

order?Correct Answer 3rdYour Answer 3rd

Select The BlankQuestion Improved Quality & Delivery on Time are the benefits associated with

CBI/DTI ________ sourcing initiative.Correct Answer partnershipYour Answer partnership

Select The BlankQuestion Suppliers are ________ to JIT business.Correct Answer CrucialYour Answer Crucial

Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle TimeYour Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle Time

Multiple Choice Multiple AnswerQuestion With component commonality step 1(operation) storage 1 (buffer) will

depend on :-Correct Answer Incremental investment cost for producing common components at

step 1 , Unit cost of step 1 (exploiting economics of scale) , Potential savings,due to reduction of inventory at storageYour Answer Incremental investment cost for producing common components at

step 1 , Potential savings, due to reduction of inventory at storage , Increasein combined cost of both

True/FalseQuestion The advantage of using moving average for forecasting is that in

calculating the average all the observations are given equal weightage.Correct Answer TrueYour Answer True

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

creation and ________.Correct Answer Requested delivery dateYour Answer Purchase order placed

True/FalseQuestion Total productivity can be expressed as the overall measure of

economic effectiveness.Correct Answer TrueYour Answer True

Select The BlankQuestion One of the factors behind Japanese success story as geographic

proximity and that suppliers are often ________ around the major customers.Page 10

Page 302: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedCorrect Answer ClusteredYour Answer Clustered

Select The BlankQuestion EOQ is very sensitive to error as long as the magnitude of cost /

demand data is ________ accurate.Correct Answer ReasonablyYour Answer Reasonably

Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1996

Select The BlankQuestion We have criteria for ________ forecasts, however generalized they

are.Correct Answer DistinguishingYour Answer Distinguishing

Match The FollowingQuestion Correct Answer Your Answer

Manager participation in SCM activity 0.16 0.28

Director/GM participation in SCM activity 0.28 0.17

Vice President participation in SCM activity 0.17 0.16

President participation in SCM activity 0.14 0.14

Select The BlankQuestion Kanban process ________ focuses on the human factors of production.Correct Answer IndirectlyYour Answer Indirectly

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

which rule?Correct Answer Lot for lotYour Answer Lot for lot

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

Correct Answer TrueYour Answer True

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

________ the problem logically.Correct Answer ApproachYour Answer Solve

True/FalseQuestion The information enriched factories are, therefore, able to make an

informed decision at a much earlier point in the time than the factory at the endof the traditional supply chain.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply

chain, is known as :-Correct Answer PipelineYour Answer Pipeline

Page 11

Page 303: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedMultiple Choice Single AnswerQuestion The starting point for any logistics, strategy must be through

understanding of the requirement of :-Correct Answer CustomerYour Answer Customer

True/FalseQuestion Regardless of how inventory movement is accounted for, it must be

done correctly if accurate inventory records are to be achieved.Correct Answer TrueYour Answer True

Multiple Choice Multiple AnswerQuestion Key indicators on which Japanese concentrate their efforts on

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

True/FalseQuestion Logistics covers 90% cost of manufacturing.Correct Answer FalseYour Answer True

Select The BlankQuestion It is often important to conduct ________ analysis in MRP.Correct Answer What-ifYour Answer What-when

Multiple Choice Single AnswerQuestion An improvement in factory order rate & Factory stock level

Behavioral pattern shows dynamic response to :-Correct Answer Simulation ModelYour Answer APIOBPCS

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

variables in SCM model.Correct Answer TrueYour Answer True

True/FalseQuestion To reconcile JIT and EOQ, we don’t take fixed setup cost and / or

variable holding cost as fixed but seek to reduce them.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Which is the Area, to which maximum time was allocated by Supply

chain personnel is :-Correct Answer Customer serviceYour Answer Customer service

Select The BlankQuestion Most real world systems are too complex to allow realistic models to

be ________ analytically.Correct Answer EvaluatedYour Answer Evaluated

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the

continuous total productivity management cycle of :-Correct Answer Measurement , Evaluation , PlanningYour Answer Measurement , Evaluation , Effectiveness

Multiple Choice Multiple AnswerQuestion The MRP output consists of :-Correct Answer Scheduled receipt , Projected net required , Planned order

Release , Projected salesPage 12

Page 304: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedYour Answer Scheduled receipt , Planned order Release , Projected sales

Multiple Choice Multiple AnswerQuestion The three areas of traditionally comprise supply chain management

are :-Correct Answer Supply Chain Planning , Supply chain Execution , Supply chain

Transaction SystemYour Answer Supply Chain Planning , Supply chain Transaction System , Supply

chain Appraisal system

Multiple Choice Multiple AnswerQuestion Realignment of infrastructure includes :-Correct Answer Production & warehouse premises , Production equipment ,

Information & IT systemYour Answer Production & warehouse premises , Production equipment ,

Information & IT system

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

the organization?Correct Answer CommonYour Answer Common

Multiple Choice Single AnswerQuestion In management, construction of a strategic framework for

productivity and performance analysis is required for :-Correct Answer Logistics managementYour Answer Materials Management

Multiple Choice Multiple AnswerQuestion Following are the parameters of Transportation Metrics :-Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit

shippedYour Answer Transit time , Outbound Freight cost , Freight Cost per unit

shipped

Multiple Choice Multiple AnswerQuestion Which are the SMART goals?Correct Answer Specific , Measurable , AttainableYour Answer Specific , Measurable , Attainable

Multiple Choice Single AnswerQuestion Order cost is derived from the number of order placed multiplied by

the cost of:-Correct Answer Placing an orderYour Answer Placing an order

True/FalseQuestion The rounding of fraction need not concern, as it is unlikely that

demand forecast will be completely accurate.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion If a defective piece was found in Kanban then what happened to

production of specified quantity in Kanban?Correct Answer Quantity was not metYour Answer Quantity was not met

Multiple Choice Multiple AnswerQuestion Following are the functions of EDI software :-Correct Answer Interfacing with VADS , Trading Partner Database , Encryption

of EDI MessageYour Answer Interfacing with VADS , Trading Partner Database , Encryption of

EDI Message

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

Page 13

Page 305: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combinedmainly based on:-Correct Answer Decision MakingYour Answer Data Structure

True/FalseQuestion Safety stock must accommodate unexpected increase in demand and the

risk of stock out situation.Correct Answer FalseYour Answer True

Multiple Choice Multiple AnswerQuestion The treasury model of economy referred in the book which contains

many variable and is used to look at the effect of :-Correct Answer Interest Rate Changes , Tax Changes , Oil Price ChangeYour Answer Interest Rate Changes , Tax Changes , Vehicle Rate Changes

Match The FollowingQuestion Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Glazer

Filtering Del-Vecchio Van Amstel

Industrial dynamics Burbidge Burbidge

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/FalseQuestion Entities in a supply chain may belong to different organization

within different companies.Correct Answer FalseYour Answer False

True/FalseQuestion The visual record process is only a sub-process in Japanese Kanban

Management system.Correct Answer TrueYour Answer False

Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans of

several plants.Correct Answer ProductionYour Answer Production

Multiple Choice Multiple AnswerQuestion The competitive priorities in operations strategy are :-Correct Answer Cost , Quality , TimeYour Answer Quality , Time , Quantity

Multiple Choice Multiple AnswerQuestion The Technical Aspects of EDI agreement are :-Correct Answer coding system , The EDI that is to be employed , The Network

that is to be usedYour Answer coding system , The EDI that is to be employed , The Network that

is to be used

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

control elements such as :-Correct Answer Warehousing , Transportation , Customer ServiceYour Answer Warehousing , Transportation , Customer Service

Multiple Choice Multiple AnswerPage 14

Page 306: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedQuestion Which of the following are the modes of transport?Correct Answer Rail , Ocean , AirYour Answer Rail , Ocean , Air

Multiple Choice Single AnswerQuestion Any mistakes in specifying BOMs could have what type of results on

shop floor?Correct Answer Disastrous consequenceYour Answer Disastrous results

True/FalseQuestion In industries where it is particularly difficult to match supply can

benefit the most from implementing a postpone system.Correct Answer TrueYour Answer True

Select The BlankQuestion The basic operators framework ________ that there is a link between

capabilities & strategy on one hand & capabilities & resources & infrastructureon the other hand.Correct Answer ImpliesYour Answer Indicates

Multiple Choice Multiple AnswerQuestion Companies that would obviously gain very little from postponement,

experiences a radically different picture in their business like :-Correct Answer Demand with little or no uncertainty , Low value of short time

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

market , Low product proliferation

Multiple Choice Single AnswerQuestion When both the cards are used then the Kanban process is known as :-Correct Answer IntegratedYour Answer Integrated

Select The BlankQuestion The fire in 1997 forced Toyoto to embark upon review of ________

that were sourced from single supplier.Correct Answer ComponentsYour Answer Components

Multiple Choice Single AnswerQuestion In the field of IT enabled Supply Chain, "TPS" means:-Correct Answer Transaction Processing systemYour Answer Transaction Processing system

True/FalseQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True

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

calculated additionally.Correct Answer FalseYour Answer False

Select The BlankQuestion Paper or computer records require time to check ________ against

recorder level.Correct Answer StockYour Answer Stock

Select The BlankQuestion The reduced stock holding eliminates ________ of goods.Correct Answer Double HandlingYour Answer Invoicing & costing

Page 15

Page 307: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combined

Select The BlankQuestion Category C items are relatively unimportant inventory items & are

responsible for ________% of inventory cost.Correct Answer 5Your Answer 5

Match The FollowingQuestion Correct Answer Your Answer

Modeling approaches are methods Which facilitate concise review & at the sametime attempt to accommodate the above polarity. Which facilitate concise review &at the same time attempt to accommodate the above polarity.

Rough cut methods give guiding policies For the operation decisions. For theoperation decisions.

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

Simulation is the method by which A comprehensive supply chain model can beanalyzed. A comprehensive supply chain model can be analyzed.

Match The FollowingQuestion Correct Answer Your Answer

Towill 1996 1996

Forrester 1960 1960

Amstel 1990 1990

Whiteoak 1994 1989

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-Correct Answer Agent Based management , Information System , GlobalizationYour Answer Agent Based management , Information System , Globalization

True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in

next five years.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion The operational perspective in management of inventory level are :-Correct Answer Deployment strategies , Setting Safety Stock level , Optimal

Level of Order QuantityYour Answer Deployment strategies , Setting Safety Stock level , Setting of

production levels

Multiple Choice Multiple AnswerQuestion While making back order as zero, the default data considered are :-Correct Answer No Subcontracting , Full Regular Time capacity , No over time

PlanningYour Answer Full Regular Time capacity , No over time Planning , No

Subcontracting

True/FalseQuestion MRP package can be used to examine, meeting the predetermined

production schedule for chairs.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerPage 16

Page 308: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedQuestion Mr. Lunch cross show performance which is filtered down from

corporate vision as a :-Correct Answer PyramidYour Answer Pyramid

Multiple Choice Multiple AnswerQuestion JIT is a suitable production system, when :-Correct Answer A reasonable number of units made , A product is of high value

, Setup time on machine is shortYour Answer A reasonable number of units made , Setup time on machine is

short , Quality may be assured

Multiple Choice Single AnswerQuestion As per the cost information, the lot for lot rule can be derived for

which particular item?Correct Answer Least costlyYour Answer Less costly

Multiple Choice Single AnswerQuestion To Maximize competitive advantage, all members within Supply Chain

should seamlessly work together to serve end consumer. This comment is given by:-

Correct Answer TowillYour Answer Towill

True/FalseQuestion For a fixed time re-order cycle system, the time at risk is re-order

lead time plus the re-order cycle time.Correct Answer TrueYour Answer False

Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-Correct Answer How many centers to have? , Location of centres , Size of

centresYour Answer How many centers to have? , Location of centres , Size of centres

Multiple Choice Single AnswerQuestion The cycle time measured from the firm plan order until final

production is reported, is known as :-Correct Answer Manufacturing Cycle TimeYour Answer Manufacturing Cycle Time

Select The BlankQuestion The realistic ________ demonstrate the benefits of a holistic view

of supply chain information flow.Correct Answer Simulation ModelYour Answer Interlinkage Model

Multiple Choice Multiple AnswerQuestion The realignment of processing includes :-Correct Answer Order taking , Purchasing , ManufacturingYour Answer Purchasing , Manufacturing , Distribution

Select The BlankQuestion The safety stock penalty of fixed re-order cycle methods ________,

as stock usage value & demand variability rise.Correct Answer WorsensYour Answer Change

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer lead

time is:-Correct Answer Speed it up , Restructure it , Change co-ordinationYour Answer Speed it up , Restructure it , Change co-ordination

Multiple Choice Single AnswerPage 17

Page 309: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedQuestion Kanban was originally developed for which company as a way of

managing material flow in the assembly line?Correct Answer ToyotaYour Answer Toyota

Multiple Choice Single AnswerQuestion To achieve standardization & customization at the same time, what

will have to be done with products?Correct Answer Develop new products with robust designYour Answer Manage with regular product with process change

Multiple Choice Single AnswerQuestion Initially the candidates for outsourcing were companies that needed

to reduce their :-Correct Answer AssetsYour Answer Assets

True/FalseQuestion General Co-ordination is the integration of different function, i.e.

production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single

integrated plan for the :-Correct Answer OrganisationYour Answer Organisation

Select The BlankQuestion The geographic placement of production facility, stocking points &

sourcing is the ________ step in creating supply chain.Correct Answer FirstYour Answer First

Multiple Choice Single AnswerQuestion The calculations of forecasting methods are :-Correct Answer TediousYour Answer Error Prone

Select The BlankQuestion Outsourcing is not without risks, in fact the benefits are ________

more transparent with risks Often being hidden initially.Correct Answer OftenYour Answer Normally

Select The BlankQuestion In the Enrich information pipeline all supply chain partner utilize

________.Correct Answer Market Sales InformationYour Answer Black Holes

True/FalseQuestion JIT is not a dynamic system.Correct Answer TrueYour Answer False

. In 1996, the purchase of logistics services by 3PL on behalf of their client inbillion dollars was :-

25302840

2. The data content & floors of stock record systems are needed by which methods?

Page 18

Page 310: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedJust in timeKanbanMaster production scheduleM.R.P. Methods

3. In re-order level approach average stock levels stay more or More EquallyLess Unequally the same and are Less responsive to change in demand.

4. The Data required for the IT application in the field of SCM is mainly basedon:-

Decision MakingData AvailableData StructureDBMS

5. According to Womack & Jones (1996),Who is the Prospective of SCM?

Final CustomerManufacturerTransporterSupplier

6. The modeling approaches are :-

Network DesignRough Cut MethodSimulation BasedOperation Based

7. The rounding of fraction need not concern, as it is unlikely that demandforecast will be completely accurate.

TrueFalse

8. The result of all the factors is that there is not a single integrated planfor the :-

OrganisationSupply Chain ManagementProduction UnitRetail Store

9. Postponement does guarantee win win situation under all circumstance in spiteof cost involved.

TrueFalse

10. The key in effective management of the firms transport strategy is :-

Shipment SizeRoutingScheduling of EquipmentTransport Vehicle Size.

11. Improved Quality & Delivery on Time are the benefits associated with CBI/DTIPeter Senge Lean Sterman partnership sourcing initiative.

12. The mechanism by which material and information flows through supply chain,is known as :-

PipelineInfologLogisticsChainline

Page 19

Page 311: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combined

13. Indirect cost increases can be caused by changes in the ProcurementProduction Logistics Marketing and distribution process.

14. Following are some of the tools for Supply Chain Measurement :-

Cash to cash cycle timeSupply Chain cycle TimeInventory Replenishment Cycle TimeTraining Cycle Time

15. The cost of oversupply is high in case of highly customized end products asit is difficult to find for them:-

The alternative usesThe alternative suppliersThe alternative buyersThe alternative process of production

16. The information enriched factories are, therefore, able to make an informeddecision at a much earlier point in the time than the factory at the end of thetraditional supply chain.

TrueFalse

17. Customer order promised cycle time is gap between the purchase order creationand Requested delivery date Goods received Purchase order placed Actionstarted.

18. What can a company improve by being able to postpone the production in itsexisting business?

PerformanceWorkingProfitabilitySales

19. The Gap between purchase order creation date and requested delivery date isknown as :-

Customer Order promised cycle timeManufacturing Cycle TimeInventory Replenishment Cycle TimeDBMS

20. In MRP II, the concentration is on planning of the manufacturing resourceslike :-

PeopleMachinesStorageRequirement

21. The enriching the order decisions with market place information enables thefactory to be much more responsive, since less supply chain Filtering is takingplace.

TrueFalse

22. The co-ordination between various players in the supply chain is the key forthe effective :-

ManagementOrganisation

Page 20

Page 312: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedOperationDistribution

23. The retailers undertake Pareto Analysis routinely to Predict CompareIncrease Calculate turnover of item.

24. The integration will make each unit of organization understand how the actionwill impact other parts of & enabling it to choose alternative that OptimizeSatisfy Complete Enhance the organization goal.

25.

1. Gilmour 1. 19972. Davis 2. 19953. Billington 3. 19994. La Londe 4. 1992

5. 19986. 1993

26. The strength of postponement lies in its wide Scope ApplicabilityRequirements Probabilities as speed becomes more important capability.

27. The alternative strategy to meet the increased demand will be to buy fromsubcontractor if it would have been :-

At cheaper costAt same cost with better qualityBetter Quality OnlyFaster Supplies

28. In 1990, General Motor had approximately :-

1770 suppliers31 Assemble parts30 million metric tonnes per day of shipment10000 parts shipped per day

29. Total productivity appears the only relevant productivity measure fordecision making purpose.

TrueFalse

30. The models that describe operational decisions are often very ClearSpecific Simple Complex in nature.

32. Market sales data is the Competitive Advantage Peter Senge effect Factor ofintegrity Information catalyst for the whole supply chain.

33. Following results are possible only & only if organisation goes for Supplychain Priorities:-

Cycle TimeOn Time DeliveryReduce Inventory CostMore Revenue

34. The Appraisal points for market information enriched strategy are :-

JIT Capacity LevelNumber of Stock turnsOrder AmplificationConsumer Habit fluctuation

Page 21

Page 313: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combined35. How the average inventory for the stock item is represented?

By 1/2 stockBy 3/4 stockBy 1/4 stockBy 3/8 stock

36. The real benefits of Kanban will not be Available Used Realized Utilizeduntil the auto-industry moves into a mixed production.

37. Most computer peripheral manufacturers have built one plant for major marketplaces like:-

AmericaAsiaEuropeAustralia

38. The levels at which long term decisions are made is :-

StrategicTacticalOperationalManagement

39. A two bin system is not appropriate with many stock items.

TrueFalse

40. MRP typically takes into account the capacity consideration.

TrueFalse

41. ODETTE is not applicable for automobile industry.

TrueFalse

42. In performance scenario, in a simplistic manner provides the continuous totalproductivity management cycle of :-

MeasurementEvaluationPlanningEffectiveness

43. While still maintaining high service level, the objective of supply chainmanager for inventory is to :-

Decrease itMaintain itIncrease itMake Zero

44. In practice, the data items for MPS will have normally same value in eachweek.

TrueFalse

45. What is Supply Chain?

Network of Facility & DistributionNetwork of procurement & Transportation of MaterialNetwork of Intermediate and Finished products

Page 22

Page 314: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedNetwork of Sales And Distribution

46. It is often important to conduct What-if What-when What-how What-requiredanalysis in MRP.

47. Different machines were clustered together to eliminate :

Transportation of itemMovement of workersMovement of toolsTransportation of inspection equipments

48. The box jenkins method requires forecasters to :-

To make judgmentsUse their experienceUse their expert judgmentUse their Knowledge

49. How many levels the supply chain management is divided into ?

ThreeTwoFourFive

50. Products, with highly unpredictable levels of demand, high criticality, musthold high levels of stock and thereby allowing safety margins for :-

DeliveryLead timeDemand FluctuationMarket Potential

51. In the supply chain , Material flows :-

DownstreamUpstreamHorizontallyVertically

52. Marketing, Distribution, planning and Manufacturing along the supply chainoperate :-

IndependentlyInterdependentlyConcurrentlySingularly

1. Modeling 1. Is the tool used test the impact of strategic leveldecision have on supply chain performance.2. Simulation 2. Is used to evaluate the impact of information sharingand Co-Ordination.3. System 3. Is the tool for understanding issues of organizationaldecision making.4. Analytical Solution 4. Is the facility or process of interest.

5. Is the possibility of using mathematical methods toobtain exact information on question of interest.

6. Is the process by which we try to gain the understandingof how the corresponding system behaves.

54. In order to avoid a stock in a specified period, the quantity required to beordered is :-

135145150

Page 23

Page 315: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combined125

55. The supply chain management is compared by " Cooper and Ellram" with :-

Relay TeamLong Distance RunnerLong Distance JumperHockey Team

56. If we take chair figures from MPS as chair requirement and to meet thoserequirements, the package will produced a detailed production plan for :-

SeatsBacksLegsChairs

57. In order to meet the guarantee to customer for shipment of notebook PC onsame day as receipt of order, the company has to maintain significant amount ofinventory.

TrueFalse

__________________________________________________________________________________________

Answers:

Multiple Choice Single AnswerQuestion In 1996, the purchase of logistics services by 3PL on behalf of

their client in billion dollars was :-Correct Answer 25Your Answer 25

Multiple Choice Single AnswerQuestion The data content & floors of stock record systems are needed by

which methods?Correct Answer Just in timeYour Answer Master production schedule

Multiple Choice Single AnswerQuestion The alternative strategy to meet the increased demand will be to buy

from subcontractor if it would have been :-Correct Answer At cheaper costYour Answer Faster Supplies

Multiple Choice Multiple AnswerQuestion In 1990, General Motor had approximately :-Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes

per day of shipmentYour Answer 1770 suppliers , 31 Assemble parts , 10000 parts shipped per day

True/FalseQuestion Total productivity appears the only relevant productivity measure

for decision making purpose.Correct Answer TrueYour Answer False

Select The BlankQuestion The models that describe operational decisions are often very

________ in nature.Correct Answer SpecificYour Answer Complex

Match The FollowingPage 24

Page 316: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedQuestion Correct Answer Your Answer

Expedition More frequent & flexible delivery may be required for realignment ofprocess More frequent & flexible delivery may not be required for realignment ofprocess

Purchasing More flexible & frequent purchasing operation need to be establishedfor realignment of process More flexible & frequent purchasing operation need tobe established for realignment of process

Manufacturing If the installation of the most expensive components is to bedelayed as much as possible, change in the sequence & timing of manufacturingsteps may be required for realignment of process If the installation of the mostexpensive components is to be delayed as much as possible, change in the sequence& timing of manufacturing steps may be required for realignment of process

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

Select The BlankQuestion Market sales data is the ________ for the whole supply chain.Correct Answer Information catalystYour Answer Competitive Advantage

Multiple Choice Multiple AnswerQuestion Following results are possible only & only if organisation goes for

Supply chain Priorities:-Correct Answer On Time Delivery , Reduce Inventory Cost , More RevenueYour Answer On Time Delivery , Reduce Inventory Cost , More Revenue

Multiple Choice Multiple AnswerQuestion The Appraisal points for market information enriched strategy are :-

Correct Answer JIT Capacity Level , Number of Stock turns , OrderAmplificationYour Answer JIT Capacity Level , Number of Stock turns , Consumer Habit

fluctuation

Multiple Choice Single AnswerQuestion How the average inventory for the stock item is represented?Correct Answer By 1/2 stockYour Answer By 1/2 stock

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

auto-industry moves into a mixed production.Correct Answer RealizedYour Answer Utilized

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Strategic

True/FalseQuestion A two bin system is not appropriate with many stock items.Correct Answer TrueYour Answer True

True/FalseQuestion MRP typically takes into account the capacity consideration.Correct Answer TrueYour Answer False

True/FalsePage 25

Page 317: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedQuestion ODETTE is not applicable for automobile industry.Correct Answer FalseYour Answer True

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply

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

Multiple Choice Single AnswerQuestion What is Supply Chain?Correct Answer Network of Facility & DistributionYour Answer Network of Intermediate and Finished products

Select The BlankQuestion It is often important to conduct ________ analysis in MRP.Correct Answer What-ifYour Answer What-if

Multiple Choice Single AnswerQuestion Different machines were clustered together to eliminate :Correct Answer Transportation of itemYour Answer Movement of workers

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

Multiple Choice Single AnswerQuestion In the supply chain , Material flows :-Correct Answer DownstreamYour Answer Horizontally

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply

chain operate :-Correct Answer IndependentlyYour Answer Concurrently

Match The FollowingQuestion Correct Answer Your Answer

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

Modeling Is the process by which we try to gain the understanding of how thecorresponding system behaves. Is used to evaluate the impact of informationsharing and Co-Ordination.

Simulation Is the tool for understanding issues of organizational decisionmaking. Is the tool used test the impact of strategic level decision have onsupply chain performance.

System Is the facility or process of interest. Is the process by which we try togain the understanding of how the corresponding system behaves.

Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram" with

:-Correct Answer Relay TeamYour Answer Relay Team

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet

Page 26

Page 318: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Combinedthose requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

True/FalseQuestion In order to meet the guarantee to customer for shipment of notebook

PC on same day as receipt of order, the company has to maintain significantamount of inventory.Correct Answer TrueYour Answer True

Select The BlankQuestion In re-order level approach average stock levels stay more or

________ the same and are Less responsive to change in demand.Correct Answer LessYour Answer Less

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

mainly based on:-Correct Answer Decision MakingYour Answer DBMS

Multiple Choice Single AnswerQuestion According to Womack & Jones (1996),Who is the Prospective of SCM?Correct Answer Final CustomerYour Answer Final Customer

Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single

integrated plan for the :-Correct Answer OrganisationYour Answer Supply Chain Management

True/FalseQuestion Postponement does guarantee win win situation under all circumstance

in spite of cost involved.Correct Answer TrueYour Answer False

Multiple Choice Single AnswerQuestion The mechanism by which material and information flows through supply

chain, is known as :-Correct Answer PipelineYour Answer Pipeline

Select The BlankQuestion Indirect cost increases can be caused by changes in the ________ and

distribution process.Correct Answer ProductionYour Answer Production

Multiple Choice Multiple AnswerQuestion Following are some of the tools for Supply Chain Measurement :-Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle TimeYour Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time ,

Training Cycle Time

Multiple Choice Single AnswerQuestion The cost of oversupply is high in case of highly customized end

products as it is difficult to find for them:-Correct Answer The alternative uses

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Page 319: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

CombinedYour Answer The alternative buyers

True/FalseQuestion The information enriched factories are, therefore, able to make an

informed decision at a much earlier point in the time than the factory at the endof the traditional supply chain.Correct Answer TrueYour Answer True

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

creation and ________.Correct Answer Requested delivery dateYour Answer Requested delivery date

Multiple Choice Single AnswerQuestion What can a company improve by being able to postpone the production

in its existing business?Correct Answer PerformanceYour Answer Sales

Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery

date is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time

Multiple Choice Multiple AnswerQuestion In MRP II, the concentration is on planning of the manufacturing

resources like :-Correct Answer People , Machines , StorageYour Answer People , Machines , Storage

True/FalseQuestion The enriching the order decisions with market place information

enables the factory to be much more responsive, since less supply chain Filteringis taking place.Correct Answer TrueYour Answer True

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

key for the effective :-Correct Answer ManagementYour Answer Management

Select The BlankQuestion The retailers undertake Pareto Analysis routinely to ________

turnover of item.Correct Answer CompareYour Answer Increase

Select The BlankQuestion The integration will make each unit of organization understand how

the action will impact other parts of & enabling it to choose alternative that________ the organization goal.Correct Answer OptimizeYour Answer Complete

Select The BlankQuestion The strength of postponement lies in its wide ________ as speed

becomes more important capability.Correct Answer ApplicabilityYour Answer Applicability

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Page 320: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Multiple AnswerQuestion The benefit of MRP is that the process is automated, hence it :-Correct Answer Can easily take other items that go to make final assembly , Is

quicker , Is less error proneYour Answer Can easily take other items that go to make final assembly , Is

quicker , Is less error prone

True/FalseQuestion Customer service is prime motto for SCM.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion Today's supply chain are very complicated to be controlled based on

intution, hence what is necessary to have statistical data on the performance of supplychain?

Correct Answer AccessYour Answer Access

Select The BlankQuestion The integration will make each unit of organization understand how the

action will impact other parts of & enabling it to choose alternative that ________ theorganization goal.

Correct Answer OptimizeYour Answer Optimize

Multiple Choice Multiple AnswerQuestion The pitfalls in inventory management can be avoided by using :-Correct Answer Agent Based management , Information System , GlobalizationYour Answer Agent Based management , Information System , Globalization

Multiple Choice Single AnswerQuestion The concept which is relevant to many situations where organizational

growth system is required to flow of incoming materials against outgoing components &product is known as :-

Correct Answer Pipeline ManagementYour Answer Pipeline Management

Multiple Choice Multiple AnswerQuestion The implications of introducing consolidation centre were :-Correct Answer How many centers to have? , Location of centres , Size of centresYour Answer How many centers to have? , Location of centres , Size of centres

Page 321: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion The total cost in minimal cost strategy is £ 63400.Correct Answer TrueYour Answer True

True/FalseQuestion The corporations production Kanban is the card which regulates the

suppliers production kanban.Correct Answer FalseYour Answer False

Select The BlankQuestion Simple method for Time series forecasting is to take a ________ Average.Correct Answer MovingYour Answer Moving

Multiple Choice Multiple AnswerQuestion The information Enriched simulation Model is based on :-Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional ModelYour Answer Automatic Pipeline Inventory , OBPCS , Traditional Model

True/FalseQuestion General Co-ordination is the integration of different function, i.e.

production planning, purchasing, sales and distribution.Correct Answer TrueYour Answer True

Select The BlankQuestion World class Logistics study is published in the year ________.Correct Answer 1995Your Answer 1995

Multiple Choice Multiple AnswerQuestion The factors likely to generate future business are :-Correct Answer Integrated Logistics Function , Expertise In Information SystemYour Answer Integrated Logistics Function , Expertise In Information System

Multiple Choice Single AnswerQuestion Which network between companies making different ingredients to many

products can be charted?Correct Answer Supply networkYour Answer Supply network

Multiple Choice Single AnswerQuestion MRP is much better suited than JIT for which type of implementation?

Page 322: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer ComputerisedYour Answer Computerised

Multiple Choice Single AnswerQuestion The Gap between purchase order creation date and requested delivery date

is known as :-Correct Answer Customer Order promised cycle timeYour Answer Customer Order promised cycle time

Multiple Choice Multiple AnswerQuestion Which of the following are the modes of transport?Correct Answer Rail , Ocean , AirYour Answer Rail , Ocean , Air

Multiple Choice Single AnswerQuestion The levels at which long term decisions are made is :-Correct Answer StrategicYour Answer Strategic

Select The BlankQuestion The basic operators framework ________ that there is a link between

capabilities & strategy on one hand & capabilities & resources & infrastructure on theother hand.

Correct Answer ImpliesYour Answer Implies

Select The BlankQuestion The mode choice aspect of transport decisions are more ________ ones, as

they are closely linked with inventory decision.Correct Answer StrategicYour Answer Strategic

Select The BlankQuestion Once we have all the information we should be able to ________ in terms

of when to place order with suppliers.Correct Answer CalculateYour Answer Calculate

Multiple Choice Single AnswerQuestion How many levels the supply chain management is divided into ?Correct Answer ThreeYour Answer Three

Multiple Choice Single AnswerQuestion While still maintaining high service level, the objective of supply chain

manager for inventory is to :-

Page 323: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Decrease itYour Answer Decrease it

True/FalseQuestion Defects per million opportunities(DPMO) is concept of Four Sigma.Correct Answer FalseYour Answer False

True/FalseQuestion Orders arrive in one batch with a known lead time arriving just as stock is

exhausted.Correct Answer TrueYour Answer False

Select The BlankQuestion In re-order level approach average stock levels stay more or ________ the

same and are Less responsive to change in demand.Correct Answer LessYour Answer Less

Multiple Choice Multiple AnswerQuestion In performance scenario, in a simplistic manner provides the continuous

total productivity management cycle of :-Correct Answer Measurement , Evaluation , PlanningYour Answer Measurement , Evaluation , Planning

Multiple Choice Single AnswerQuestion The number of weeks taken for ordering material at beginning till the

finished products reach customer in the apperal industry as per Flaherty report is:-Correct Answer 58.5 weeksYour Answer 58.5 weeks

Select The BlankQuestion The purpose of the analysis is to discern some relationship between Y1

values observed so far in order to ________ us to forecast future values of Y1.Correct Answer EnableYour Answer Enable

True/FalseQuestion The estimate is that the 3 PL industry will quadruple its size in next five

years.Correct Answer FalseYour Answer False

Multiple Choice Multiple AnswerQuestion When conformance is not achieved, what is the role of cycle counting?

Page 324: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer To provide for cause , To provide for corrective action , To providefor future action

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

Multiple Choice Multiple AnswerQuestion The modeling approaches are :-Correct Answer Network Design , Rough Cut Method , Simulation BasedYour Answer Network Design , Rough Cut Method , Simulation Based

Multiple Choice Multiple AnswerQuestion Most computer peripheral manufacturers have built one plant for major

market places like:-Correct Answer America , Asia , EuropeYour Answer America , Asia , Europe

Select The BlankQuestion Category C items are relatively unimportant inventory items & are

responsible for ________% of inventory cost.Correct Answer 5Your Answer 5

Match The FollowingQuestion Correct Answer Your AnswerModeling approaches are methods Which facilitate concise review & at the same timeattempt to accommodate the above polarity. Which facilitate concise review & at thesame time attempt to accommodate the above polarity.Rough cut methods give guiding policies For the operation decisions. For theoperation decisions.Network design methods For the most part give normative models for more strategicdecisions. For the most part give normative models for more strategic decisions.Simulation is the method by which A comprehensive supply chain model can beanalyzed. A comprehensive supply chain model can be analyzed.

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

more important capability.Correct Answer ApplicabilityYour Answer Applicability

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

ordered is :-Correct Answer 135Your Answer 135

Page 325: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

True/FalseQuestion Postponement does guarantee win win situation under all circumstance in

spite of cost involved.Correct Answer TrueYour Answer True

Match The FollowingQuestion Correct Answer Your AnswerOther Unit production cost The cost of production of one unit of the product that is notaccounted in employee cost. The cost of production of one unit of the product that is notaccounted in employee cost.Hiring cost The cost of hiring an employee. The cost of hiring an employee.Unit inventory holding cost The cost of holding one unit in stock at the end of eachperiod. The cost of holding one unit in stock at the end of each period.Unit subcontracting cost The cost of each unit bought from external source. Thecost of each unit bought from external source.

Multiple Choice Multiple AnswerQuestion EDIFACT is :-Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to

supersede X 12 , Promoted as world ADI StandardYour Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to

supersede X 12 , Promoted as world ADI Standard

Multiple Choice Single AnswerQuestion In Toyoto, what was the most common method of Kanban?Correct Answer Piece of rectangular paper in transparent vinyl envelopeYour Answer Piece of rectangular paper in transparent vinyl envelope

Multiple Choice Multiple AnswerQuestion If we take chair figures from MPS as chair requirement and to meet those

requirements, the package will produced a detailed production plan for :-Correct Answer Seats , Backs , LegsYour Answer Seats , Backs , Legs

True/FalseQuestion Orders must be phased out in time so as to ensure that there is no stock

out.Correct Answer TrueYour Answer True

Multiple Choice Single AnswerQuestion The co-ordination between various players in the supply chain is the key

for the effective :-Correct Answer ManagementYour Answer Management

Page 326: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Select The BlankQuestion The cheapest solution is to simply ________ backorders to built up over

the planning period.Correct Answer AllowYour Answer Allow

Multiple Choice Single AnswerQuestion The result of all the factors is that there is not a single integrated plan for

the :-Correct Answer OrganisationYour Answer Organisation

Page 327: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

True/FalseQuestion To reconcile JIT and EOQ, we don’t take fixed setup cost and / or

variable holding cost as fixed but seek to reduce them.Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion In Delphi technique a answers of the questions are assembled & are

re-circulated among the experts till :-Correct Answer Consensus is reached

Your Answer Consensus is reached

Multiple Choice Single AnswerQuestion The decision on mode of transport are influenced by geographical

placements of :-Correct Answer Plants & Warehouse

Your Answer Plants & Warehouse

Match The FollowingQuestion Correct Answer Your Answer

Towill 1996 1996

Forrester 1960 1960

Amstel 1990 1990

Whiteoak 1994 1994

Multiple Choice Single AnswerQuestion What adds to service cost in central heating installation company if a

filter has to drive to and obtain a minor part?Correct Answer Queue at supplier end

Your Answer Queue at supplier end

Multiple Choice Multiple AnswerQuestion What are the prerequisites for change while Switching over to SCM?

Page 328: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Correct Answer Pressure For the Change , Shared Vision , Capacity for Change

Your Answer Pressure For the Change , Shared Vision , Capacity for Change

True/FalseQuestion JIT/TQM are the tools for SCM.

Correct Answer True

Your Answer True

True/FalseQuestion If the supply chain do not track uncertainties than it leads to non

optimal stocking levels.Correct Answer True

Your Answer True

Select The BlankQuestion The third party providers who can ________ the need of transition

from their focus on product oriented services to new strategies likelong term business partnerships will most likely enjoy long termsuccess.

Correct Answer Meet

Your Answer Meet

Select The BlankQuestion Kanban process ________ focuses on the human factors of

production.Correct Answer Indirectly

Your Answer Indirectly

Multiple Choice Single AnswerQuestion In the customization of highly customized product which step has

most significant impact?Correct Answer Production

Your Answer Production

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

Correct Answer Less Dependability , Reduce Production Facility , Higher Levels OfInventory

Page 329: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Less Dependability , Reduce Production Facility , Higher Levels OfInventory

Multiple Choice Single AnswerQuestion Hiring cost per employee is:-

Correct Answer Hiring cost

Your Answer Hiring cost

Multiple Choice Multiple AnswerQuestion In the Japanese concept of total productivity, for output they embrace

:-Correct Answer Quantity , Quality , Delivery

Your Answer Quantity , Quality , Delivery

Multiple Choice Multiple AnswerQuestion The strategic decision in supply chain includes :-

Correct Answer What products to produce , Which plants to produce them , Allocationof Suppliers to plants

Your Answer What products to produce , Which plants to produce them , Allocationof Suppliers to plants

Select The BlankQuestion The multi plant co-ordination is to coordinate the ________ plans of

several plants.Correct Answer Production

Your Answer Production

Select The BlankQuestion All of the product, process & infrastructure changes ________ will

have an impact on the knowledge & skills the employees will need toposses.

Correct Answer Outlined

Your Answer Outlined

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

order creation and ________.Correct Answer Requested delivery date

Your Answer Requested delivery date

Select The Blank

Page 330: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question We have criteria for ________ forecasts, however generalized theyare.

Correct Answer Distinguishing

Your Answer Distinguishing

Multiple Choice Multiple AnswerQuestion The changes to be made in supply chain due to problem of longer

lead time is:-Correct Answer Speed it up , Restructure it , Change co-ordination

Your Answer Speed it up , Restructure it , Change co-ordination

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

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The category of forecasting are :-

Correct Answer Short Term , Medium Term , Long Term

Your Answer Short Term , Medium Term , Long Term

True/FalseQuestion EDI helps in Just In Time for manufacturing.

Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion The three areas of traditionally comprise supply chain management

are :-Correct Answer Supply Chain Planning , Supply chain Execution , Supply chain

Transaction SystemYour Answer Supply Chain Planning , Supply chain Execution , Supply chain

Transaction System

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

Correct Answer Audit Trail

Your Answer Audit Trail

Page 331: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Match The FollowingQuestion Correct Answer Your Answer

Stock out ratio Is comparison of % ofdemand actually satisfiedwith the defined service

Is comparison of % ofdemand actually satisfiedwith the defined service

Lead time Is the time between areplenishment need arising& new deliveries beingready for use

Is the time between areplenishment need arising& new deliveries being readyfor use

Inventory service level Is % probability of stockavailability to meetdemands

Is % probability of stockavailability to meet demands

ABC Analysis Can be used to classifystock groups

Can be used to classifystock groups

Select The BlankQuestion For the good result, supply chain require to be very ________.

Correct Answer Transparent

Your Answer Transparent

Multiple Choice Single AnswerQuestion The third party logistics companies' capabilities are the result of

extensive investment in :-Correct Answer Technology

Your Answer Technology

True/FalseQuestion BACS is a system of electronic payments from user.

Correct Answer True

Your Answer True

Multiple Choice Single AnswerQuestion What is Supply Chain?

Correct Answer Network of Facility & Distribution

Your Answer Network of Facility & Distribution

Multiple Choice Multiple Answer

Page 332: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question What are the major steps in cycle counting?

Correct Answer Cycle counting , Control group cycle counting , Random cyclecounting

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

True/FalseQuestion Logistics covers 90% cost of manufacturing.

Correct Answer False

Your Answer False

Multiple Choice Multiple AnswerQuestion The Money block in following forms of inventory is measure of

responsiveness of Supply Chain to market demand :-Correct Answer Finished Goods , Work in process inventory , Raw Material

Your Answer Raw Material , Finished Goods , Work in process inventory

Multiple Choice Single AnswerQuestion The report will examine the potential for the successful

implementation of the process into which manufacturing firms?Correct Answer Australian

Your Answer Australian

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

Correct Answer Downstream

Your Answer Downstream

Multiple Choice Multiple AnswerQuestion The treasury equation refers to predict customer spending will look at

the factors like :-Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation

IndexYour Answer Consumer Non Durable Spending , Unemployment Rate , Inflation

Index

Select The BlankQuestion If the suppliers meet selection criteria then you can ________ the

total number of suppliers.Correct Answer Reduce

Page 333: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Your Answer Reduce

Multiple Choice Multiple AnswerQuestion The Technique used for pipeline performance improvement are :-

Correct Answer Just -In- Time , Manufacturer Resource Planning (MRP) , LeanManufacturing

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

Multiple Choice Single AnswerQuestion The supply chain management is compared by " Cooper and Ellram"

with :-Correct Answer Relay Team

Your Answer Relay Team

Multiple Choice Single AnswerQuestion The location decision in supply chain entities are concerned with:-

Correct Answer Plants

Your Answer Plants

True/FalseQuestion In industries where it is particularly difficult to match supply can

benefit the most from implementing a postpone system.Correct Answer True

Your Answer True

Multiple Choice Multiple AnswerQuestion Which are the SMART goals?

Correct Answer Specific , Measurable , Attainable

Your Answer Specific , Measurable , Attainable

Multiple Choice Single AnswerQuestion Marketing, Distribution, planning and Manufacturing along the supply

chain operate :-Correct Answer Independently

Your Answer Independently

Multiple Choice Multiple Answer

Page 334: True/False Question NFW means Net financial assets in the ......Your Answer Measurement , Evaluation , Planning , Effectiveness Multiple Choice Multiple Answer Question In 1990, General

Question The information Enriched comprises of:-

Correct Answer Consumer Habits , Habit frequency , Future dispatch fluctuation

Your Answer Consumer Habits , Habit frequency , Future dispatch fluctuation

Multiple Choice Multiple AnswerQuestion The various basic logistics productivity ratios can be used to control

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

Your Answer Warehousing , Transportation , Customer Service


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