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Which of the following requires the most lead time in dealing with changes in the numbers of
school children?
Hire short-term teachers
Your Answer:
Amend school catchment areas
Correct Answer:
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False
Your
Answer:
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First-tier supplier
Your Answer:
Second-tier customer
Correct
Answer:
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Sales of A4 white paper reams for the last six months were
March (250), April (280), May (290), June (270), July (250),
August (230). What is the four-month moving average
forecast for September?
240
Your Answer:
260
Correct Answer:
13.
Sales of radios over the last five months were January (34),
February (37), March (28), April (37), May (39). What is the
difference between the three-month moving average forecast
for April and the actual sales?
3
Your Answer:
4
Correct Answer:
14.
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Demand
Your Answer:
Utilisation
Correct Answer:
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6.06%
Your Answer:
6.66%
Correct Answer:
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Logistics is the part of a supply chain involved with the forward and reverse flow of
goods
services
cash
all of the above
(Ans:d)
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The pushpull boundary located at the beginning of a supply chain is known as:
1.
The pushpull boundary located at the end of a supply chain is known as:
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4.
Which one of the following does not constitute the dimensions of customer service
from the perspective of a supply chain?
Responsiveness
Your Answer:
Product life span
Correct
Answer:
5.
delivery reliability.
Your Answer:
Order delivery lead time and responsiveness
Correct
Answer:
6.
low variety.
Your Answer:
uncertain demand and low variety.
Correct
Answer:
7.
uncertain demand.
Your Answer:
uncertain demand and short life cycle
Correct
Answer:
8.
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10
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A firm that does not lie on the efficiency frontier can improve:
11
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13
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Which of the following supply chain performance measure does not fall under the
SCOR model?
Reliability
Your Answer:
Product variety
Correct
Answer:
14
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The parameter(s) for supply chain benchmarking is/are captured by the following
measure:
supply chain inefficiency ratio.
Your Answer:
total length of the chain, supply chain inefficiency ratio and supply
Correct chain working productivity
Answer:
15
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When a firm lies on the efficiency frontier, it is possible to improve the performance of
the firm on both responsiveness and efficiency through:
supply chain integration.
Your Answer:
Supply chain optimization, integration and restructuring
Correct
Answer:
1.
Inventory carried for the purpose of providing flexibility to each decision-making unit
to manage its operations independently is known as
Decoupling inventory
Your Answer:
2.
3.
Decoupling inventory
Your Answer:
Pipeline inventory
Correct Answer:
4.
In an automobile manufacturing facility, the management has brought down the cost
of ordering of automotive components from Rs 500 to Rs 50 through the introduction
of electronic ordering. The annual demand of cars is 15,000 units. Inventory carrying
cost of automotive components is Rs 20 per unit per year. The inventory turnover ratio
in both the cases would be
34.64 and 109.48
Your Answer:
5.
In an automobile manufacturing facility, the management has brought down the cost
of ordering of automotive components from Rs 500 to Rs 50 through the introduction
of electronic ordering. The annual demand of cars is 15,000 units. Inventory carrying
cost of automotive components is Rs 20 per unit per year. Now assume the company
runs its manufacturing operation for 300 days a year. Number of days inventory to be
carried in both the cases would be
6.
The best strategy of minimizing the amount of safety inventory to be kept in a store
without hurting the level of customer service is
minimizing the uncertainty inherent in supply
Your Answer:
7.
Higher demand uncertainty provides higher savings by pooling which of the following
inventory?
Seasonal inventory
Your Answer:
Safety inventory
Correct Answer:
8.
Higher number of stock points required for risk pooling results in higher savings in
terms of
safety inventory
Your Answer:
cycle inventory
Correct Answer:
9.
10
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are slow-moving
Your Answer:
are fast moving and have low demand variability
Correct Answer: