SCM Assign

1
6 Logistics
6 New SCM approach
6 Simulation Model
6 Reasonably
6 TRUE
6 TRUE
6 Minimise
6 TRUE
6 LAN , Magnetic Tape/ Internet , Direct Data communication Link
6 TRUE
6 Multiple Layers
6 Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product
6 TRUE
6 TRUE
6 Compare
6 FALSE
6 Exceeding
6 Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize plac
6 Simulation Model
6 Key Metrics
6 Supply network
6 Delay in resupply , Higher than anticipated usage , Unpredictable demand
6 Top Management
6 Enable
6 Production
6 TRUE
6 TRUE
6 TRUE
6 Pipeline
6 Supply Chain cycle Time , Inventory Replenishment Cycle Time , Cash to cash cycle time
6 Moving
6 Rail , Ocean , Air
6 Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard
6 Inhouse training , APICS Membership , Certification Training
6 Transaction Processing system
6 Bulk
6 Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier d
6 Scheduled receipt , Projected net required , Planned order Release , Projected sales
6 Customer centric process
6 Specific , Measurable , Attainable
6 Information
6 Hiring cost
6 Relay Team
6 European
6 MacBerth , Fergusson , Towill & Naim
6 Updated
6 TRUE
6 Plants
6 TRUE
6 FALSE
6 TRUE
6 Management
6 Distinguishing
6 Develop new products with robust design
6 Right Customer
6 Three
6 Internal Business , Training , Customer
6 Use their experience , Use their expert judgment , Use their Knowledge
6 Short Term , Medium Term , Long Term
6 Top Down system , Centrally organized , Imposed production system
6 FALSE
6 Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier d
6 Strategic
6 Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard
6 Shared Vision , Capacity for Change , Pressure For the Change
6 TRUE
6 Shipment Size , Routing , Scheduling of Equipment
6 Japanese
6 Teamwork , Quality circle , Continual development
6 Double Handling
6 Kanban
6 Is quicker , Is less error prone , Can easily take other items that go to make final assembly
6 TRUE
6 TRUE
6 Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product
6 Adjustment
6 Many
6 Inaccurate
6 FALSE
6 End User
6 Minimise
6 Implies
6 TQM & JIT
6 Indirectly
6 FALSE
6 Components
6 Organisation
6 Realized
6 Logistics Companies
6 Technology
6 Adjustment
6 Stock acquisition
6 TQM & JIT
6 TRUE
6 Actual
6 Internet cyber law , Time that message will be retained , Procedure for settling any dispute
6 Components
6 Manufacturers , Suppliers , Customers
6 85 in week 1 , 90 in week 3 , 60 in week 4
6 Delphi
6 TRUE
6 Toyoto
6 Effectiveness
6 TRUE
6 Pipeline
6 Information
6 Less Dependability , Reduce Production Facility , Higher Levels Of Inventory
6 Speed it up , Restructure it , Change co-ordination
6 Increased sales , Lower inventory holding cost , Lower scrap cost
6 A reasonable number of units made , A product is of high value , Setup time on machine is short
6 Order Fill Rate , Backorder Levels , On Time Delivery
6 TRUE
6 TRUE
6 Toyota
6 FALSE
6 TRUE
6 FALSE
6 Moving
6 Allow
6 Transportation of item
6 TRUE
6 Cost saving Function
6 What-if
6 Implies
6 Integrated Logistics Function , Expertise In Information System
6 Automatic Pipeline Inventory , OBPCS , Traditional Model
6 Organisation
6 Worsens
6 Contingency
6 TRUE
6 Transparent
6 Production & warehouse premises , Production equipment , Information & IT system
6 Medium
6 Logistics management
6 coding system , The EDI that is to be employed , The Network that is to be used
6 Often
6 Information
6 TRUE
6 A backorder
6 Cost , Quality , Time
6 Supply chain
6 FALSE
6 Order taking , Purchasing , Manufacturing
6 Management
6 Rail , Ocean , Air
6 TRUE
6 End User
6 TRUE
6 Three
6 Moving
6 Audit Trail
6 Performance
6 Average
6 Organisation
6 Strategic
6 Decrease it
6 Network of Facility & Distribution
6 Technology
6 Decentralization
6 Transit time , Outbound Freight cost , Freight Cost per unit shipped
6 Allow
6 TRUE
6 Information catalyst
6 Downstream
6 How many centers to have? , Location of centres , Size of centres
6 Bulk
6 135
6 Simulation Model
6 Tedious
6 LAN , Magnetic Tape/ Internet , Direct Data communication Link
6 People , Machines , Storage
6 Master Production Schedule , Material Requirement Planning , Production planning
6 TRUE
6 Problem
6 FALSE
6 FALSE
6 FALSE
6 Evaluated
6 Strategic
6 Updated
6 FALSE
6 Plants
6 Indirectly
6 European
6 58.5 weeks
6 Unprecedented
6 TRUE
6 Logistics Companies
6 Transportation , Customer Service , Warehousing
6 On Time Delivery , Reduce Inventory Cost , More Revenue
6 FALSE
6 Drive down
6 TRUE
6 Present Status , Environment , Internal structures
6 TRUE
6 Logistics
6 A simple system , Provides quick & precise information , Low cost associated with the transfer of information
6 Access
6 Perfect
6 FALSE
6 Modular Organization of work , Multi-skilling , On the job training procedures
6 Europe , America , Asia
6 TRUE
6 Firm , Cultural differences , External dimensions of nation business
6 10
6 Components
6 Customer centric process
6 Calculating
6 TRUE
6 FALSE
6 Production
6 Is quicker , Is less error prone , Can easily take other items that go to make final assembly
6 Independently
6 Plants & Warehouse
6 Right Customer
6 Inhouse training , APICS Membership , Certification Training
6 It will be optimized
6 TRUE
6 Relay Team
6 Top Down system , Centrally organized , Imposed production system
6 Tactical
6 Seats , Backs , Legs
6 Continuous improvement always striving to improve , Elimination of waste in many forms , Belief that ordering / hold
6 Toyoto
6 Agent Based management , Information System , Globalization
6 The demand
6 Warehousing , Transportation , Customer Service
6 TRUE
6 Two bin , Re-order cycle , Annual demand
6 £ 25
6 End Consumer
6 Decrease it
6 FALSE
6 Transit time , Outbound Freight cost , Freight Cost per unit shipped
6 Less
6 Access
6 Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize plac
6 Supply chain
6 Replacement cost
6 Order taking , Purchasing , Manufacturing
6 Impacts on
6 People , Machines , Storage
6 TRUE
6 Backorder
6 Strategic
6 Production
6 Life expectancy of Middle age , Medical test data on persons , His Living Style
6 Applicability
6 FALSE
6 Similar
6 Network Design , Rough Cut Method , Simulation Based
6 Calculating
62
6 Demand
6 TRUE
6 Overhead
6 Often
6 Upstream Integration
6 TRUE
6 Decrease
6 Cost , Quality , Time
6 TRUE
6 Worsens
6 TRUE
6 FALSE
6 Toyota
6 MacBerth and Ferguson
6 Safety stock , Operational responsiveness , Level of risk involved given variable supply
6 End User
6 Members of team
6 Clustered
6 Network of Facility & Distribution
6 What-if
6 TRUE
6 FALSE
6 Production
6 TRUE
6 What products to produce , Which plants to produce them , Allocation of Suppliers to plants
6 TRUE
6 Consumed
6 Easy what-if analysis , Cost information , Management reports
6 partnership
6 Pull Base System
6 FALSE
6 Realized
6 Warehousing , Transportation , Customer Service
6 Chain wide Management
6 Warehousing
6 Stock acquisition
6 TRUE
6 Meet
6 Drive down
6 TRUE
6 Major overhaul
6 TRUE
6 Agent Based management , Information System , Globalization
6 Master Production Schedule , Material Requirement Planning , Production planning
6 Over promised but under delivered.
6 Quantity , Quality , Delivery
6 Inventory records
6 Double Handling
6 How many centers to have? , Location of centres , Size of centres
6 FALSE
6 Organisation
6 A backorder
6 TQM
6 TRUE
6 Adjustment
6 Stock acquisition
6 TQM & JIT
6 TRUE
6 Actual
6 Internet cyber law , Time that message will be retained , Procedure for settling any dispute
6 Components
6 Manufacturers , Suppliers , Customers
6 85 in week 1 , 90 in week 3 , 60 in week 4
6 Delphi
6 TRUE
6 Toyoto
6 Effectiveness
6 TRUE
6 Pipeline
6 Information
6 Less Dependability , Reduce Production Facility , Higher Levels Of Inventory
6 Speed it up , Restructure it , Change co-ordination
6 Increased sales , Lower inventory holding cost , Lower scrap cost
6 TRUE
6 TRUE
6 Toyota
6 FALSE
6 TRUE
6 FALSE
6 Moving
6 Allow
6 Transportation of item
6 TRUE
6 What-if
6 Implies
6 Automatic Pipeline Inventory , OBPCS , Traditional Model
6 Organisation
6 Worsens
6 Contingency
6 TRUE
6 Transparent
6 Production & warehouse premises , Production equipment , Information & IT system
6 Medium
6 Logistics management
5
6 True/False
7 Question NFW means Net financial assets in the private sector.
8 Correct Answer False
1 Your Answer False
2
3 Select The Blank
4 Question The strength of postponement lies in its wide ________ as speed becomes
5 more important capability.
6 Correct Answer Applicability
7 Your Answer Applicability
8
1 Select The Blank
2 Question BOMs are structural ________ that changes relatively infrequently.
3 Correct Answer Information
4 Your Answer Details
5
6 Select The Blank
7 Question Customer order promised cycle time is gap between the purchase order
8 creation and ________.
1 Correct Answer Requested delivery date
2 Your Answer Goods received
3
4 True/False
5 Question There are no international EDI standards. The user organization require to
6 develop it for their operation only.
8 Your Answer True
1
2 True/False
3 Question Orders must be phased out in time so as to ensure that there is no stock out.
4 Correct Answer True
5 Your Answer True
6
7 Multiple Choice Multiple Answer
8 Question The pitfalls in inventory management can be avoided by using :-
1 Correct Answer Agent Based management , Information System , Globalization
2 Your Answer Agent Based management , Information System , Globalization , Localization
3
4 True/False
5 Question Inventory Turns means turns over per year for inventory procurement.
7 Your Answer True
8
1 Select The Blank
2 Question The Function for EDI software is message tracking and ________.
3 Correct Answer Audit Trail
4 Your Answer Audit Trail
5
7 Question The realignment of processing includes :-
8 Correct Answer Order taking , Purchasing , Manufacturing
1 Your Answer Order taking , Purchasing , Manufacturing , Distribution
2
3 True/False
4 Question The corporations production Kanban is the card which regulates the
5 suppliers production kanban.
7 Your Answer True
8
1 Select The Blank
2 Question The exponenti________y smoothed moving average takes into account All
3 of the previous observations.
4 Correct Answer All
5 Your Answer Majority
6
7 Select The Blank
8 Question Periodic stock checks to count the stock physically enable the store to feed
1 in ________ figures to reconcile physical stock against book stock.
2 Correct Answer Adjustment
3 Your Answer Adjustment
4
6 Question The assumptions in the example of MPS are :-
7 Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial
8 Inventory is Zero
1 Your Answer Two employee hours per job , Initial Number of employee is ten , Initial
2 Inventory is Zero , Planning Period is 6 weeks
3
4 Multiple Choice Single Answer
5 Question SCM is the management philosophy to deal with integrated material &
6 information flow, right from raw material to consumption of finished goods but
7 the focus is given to :-
8 Correct Answer End User
1 Your Answer End User
2
4 Question Initially the candidates for outsourcing were companies that needed to
5 reduce their :-
6 Correct Answer Assets
7 Your Answer Non Core Activities
8
1 Select The Blank
2 Question The cheapest solution is to simply ________ backorders to built up over the
3 planning period.
4 Correct Answer Allow
5 Your Answer Disallow
6
8 Question The MRP output consists of :-
1 Correct Answer Scheduled receipt , Projected net required , Planned order Release ,
2 Projected sales
3 Your Answer Scheduled receipt , Projected net required , Planned order Release ,
4 Projected sales
5
7 Question The box jenkins method requires forecasters to :-
8 Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
1 Your Answer To make judgments , Use their experience , Use their expert judgment , Use
2 their Knowledge
3
5 Question What are the major steps in cycle counting?
6 Correct Answer Cycle counting , Control group cycle counting , Random cycle counting
7 Your Answer Cycle counting , Control group cycle counting , Random cycle counting ,
8 Physical inventory
1
3 Question In order to avoid a stock in a specified period, the quantity required to be
4 ordered is :-
5 Correct Answer 135
6 Your Answer 150
7
1 Question Which employees will have to learn to manage shorter deadline along with
2 order taking employees?
3 Correct Answer Purchasing
4 Your Answer Logistics
5
6 True/False
7 Question All movements throughout the factory is controlled by Kanbans, and since
8 the Kanbans specify item precisely, no defects can be tolerated.
2 Your Answer True
3
5 Question In the customization of highly customized product which step has most
6 significant impact?
7 Correct Answer Production
8 Your Answer Design
1
3 Question In the Stage of Technological Development for IT enabled Supply Chain
4 following thing is very important :-
5 Correct Answer MRP-I, MRP-II, ERP
6 Your Answer MRP-I, MRP-II, ERP
7
8 True/False
1 Question The constant m is called smoothing constant in single exponentially
2 smoothing.
4 Your Answer True
5
6 Select The Blank
7 Question The retailers undertake Pareto Analysis routinely to ________ turnover of
8 item.
1 Correct Answer Compare
2 Your Answer Predict
3
4 Select The Blank
5 Question A further development of ________ performance measures is that a matrix
6 of indicators can be formulated to relate main process of Logistics to the
7 major long term goals.
8 Correct Answer Logistics
1 Your Answer Distribution
2
3 True/False
4 Question Direct cost increase can be caused by product or process redesign.
6 Your Answer True
7
1 Question By arranging raw material deliveries at the start of day for one day's
2 requirement, JIT has :
3 Correct Answer Reduced / eliminated inventory
4 Your Answer Reduced / eliminated inventory
5
7 Question How does aggregate plan created by master production schedule become
8 extremely detailed plan?
1 Correct Answer MRP translates it
2 Your Answer MRP translates it
3
4 True/False
5 Question If you use only Transport Kanban in Kanban process then it is known as
6 simple Kanban process.
8 Your Answer True
1
3 Question The SCM key metrics should be closely aligned to the company's strategic
4 objectives. In this measurements usually covers :-
5 Correct Answer Internal Business , Training , Customer
6 Your Answer Internal Business , Training , Customer , EDBMS
7
1 Question EDIFACT is :-
2 Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,
3 Promoted as world ADI Standard
4 Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,
5 Promoted as world ADI Standard , Analog system
6
7 Select The Blank
8 Question The four key figures of logistics strategic environment are competition,
1 market served, technology and ________ satisfaction
2 Correct Answer Stake holder's
3 Your Answer Customer's
4
5 True/False
6 Question Total productivity appears the only relevant productivity measure for decision
7 making purpose.
1 Your Answer False
2
4 Question The treasury equation refers to predict customer spending will look at the
5 factors like :-
6 Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
7 Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,
8 Availability of products
1
3 Question The upper quartile answer of the experts for automatic rapid transport was
4 widespread by which year?
6 Your Answer 1980
7
1 Question What is the technique in which, a body of experts are hired to arrive at
2 opinion about the future?
3 Correct Answer Delphi
4 Your Answer Delphi
5
7 Question What adds to service cost in central heating installation company if a filter
8 has to drive to and obtain a minor part?
1 Correct Answer Queue at supplier end
2 Your Answer Delay in getting components
3
5 Question The various basic logistics productivity ratios can be used to control
6 elements such as :-
7 Correct Answer Warehousing , Transportation , Customer Service
8 Your Answer Warehousing , Transportation , Customer Service , Procurement
1
2 Select The Blank
3 Question It is often important to conduct ________ analysis in MRP.
4 Correct Answer What-if
5 Your Answer What-if
6
8 Question What can a company improve by being able to postpone the production in its
1 existing business?
2 Correct Answer Performance
3 Your Answer Profitability
4
6 Question In performance scenario, in a simplistic manner provides the continuous total
7 productivity management cycle of :-
8 Correct Answer Measurement , Evaluation , Planning
1 Your Answer Measurement , Evaluation , Planning , Effectiveness
2
4 Question In 1990, General Motor had approximately :-
5 Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of
6 shipment
7 Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of
8 shipment , 10000 parts shipped per day
1
3 Question What is the meaning of EDIFACT ?
4 Correct Answer Electronic Data Interchanged for Administration , Commerce &
5 Transport
6 Your Answer Electronic Data Interchanged for Administration , Corporate
7 Technology
8
1 Select The Blank
2 Question Suppliers agree to give customer ________ plans to cope with
3 disruption.
4 Correct Answer Contingency
5 Your Answer Improvement
6
4
7 Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede
8 X 12 , Promoted as world ADI Standard
1 Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede
3
5 Question What is required to facilitate logistics process of quickly moving
6 material on numerous work stations on the production line?
7 Correct Answer Clean & well organized environment
8 Your Answer Good material movement system
1
2 Select The Blank
3 Question Once we have all the information we should be able to ________ in
4 terms of when to place order with suppliers.
5 Correct Answer Calculate
6 Your Answer Prepare
7
1 Question The cost of oversupply is high in case of highly customized end
2 products as it is difficult to find for them:-
3 Correct Answer The alternative uses
4 Your Answer The alternative suppliers
5 Friday, October 17, 2008
6
7 True/False
8 Question The total cost in minimal cost
1 strategy is £ 63400.
3 Your Answer True
4
6 Question As per the cost information, the
7 lot for lot rule can be derived for
8 which particular item?
1 Correct Answer Least costly
2 Your Answer Economic one
3
4 Select The Blank
5 Question All of the product, process &
6 infrastructure changes ________
7 will have an impact on the
8 knowledge & skills the
1 employees will need to posses.
2 Correct Answer Outlined
3 Your Answer Detailed
4
5 True/False
6 Question Inventory Turns means turns
7 over per year for inventory
8 procurement.
2 Your Answer True
3
4 True/False
5 Question A two bin system is not
6 appropriate with many stock
7 items.
1 Your Answer True
2
4 Question Key indicators on which
5 Japanese concentrate their
6 efforts on continuous
7 improvement Kaizen are :-
8 Correct Answer Quality , Price , Delivery
1 Your Answer Quality , Price , Delivery
2
4 Question The category of forecasting are :-
5 Correct Answer Short Term , Medium Term ,
6 Long Term
7 Your Answer Short Term , Medium Term ,
8 Long Term
1
2 True/False
3 Question ODETTE is not applicable for
4 automobile industry.
6 Your Answer False
7
1 Question The location decision in supply
2 chain entities are concerned
3 with:-
4 Correct Answer Plants
5 Your Answer Transportation
6
8 Question An example of multiple equation
1 method given in an economic
2 model is the treasury model of
3 which economy?
4 Correct Answer UK
5 Your Answer UK
6
7 True/False
8 Question For a fixed time re-order cycle
1 system, the time at risk is reorder
2 lead time plus the re-order
3 cycle time.
5 Your Answer True
6
7 True/False
8 Question By going beyond internal supply
1 chain & including external
2 suppliers and customers does
3 not expose opportunities for
4 improving internal operations.
6 Your Answer False
7
8 Select The Blank
1 Question One of the ideas behind JIT is to
2 reduce fixed setup cost &
3 variable holding cost to
4 ________ total cost
5 Correct Answer Drive down
6 Your Answer Reduce
7
1 Question In 1996, the purchase of logistics
2 services by 3PL on behalf of their
3 client in billion dollars was :-
4 Correct Answer 25
5 Your Answer 25
6
8 Question Implementing JIT system is a
1 task that can't be undertaken
2 lightly, it will be expensive in
3 terms of :-
4 Correct Answer Management & effort , Initial
5 implementation , The continuing
6 effort to run the system
7 Your Answer Management & effort , Initial
2
4 Question The changes to be made in
5 supply chain due to problem of
6 longer lead time is:-
7 Correct Answer Speed it up , Restructure it ,
8 Change co-ordination
1 Your Answer Speed it up , Restructure it ,
3
4 Select The Blank
5 Question The third party providers who can
6 ________ the need of transition
7 from their focus on product
8 oriented services to new
1 strategies like long term business
2 partnerships will most likely enjoy
3 long term success.
4 Correct Answer Meet
5 Your Answer Arrange
6
7 True/False
8 Question In practice, the data items for
1 MPS will have normally same
2 value in each week.
4 Your Answer True
5
6 Select The Blank
7 Question The overtime cost per hour is
8 ________ in minimal cost
1 strategy.
2 Correct Answer £ 25
3 Your Answer £ 25
4
6 Question The levels at which long term
7 decisions are made is :-
8 Correct Answer Strategic
1 Your Answer Strategic
2
3 True/False
4 Question MRP package can be used to
5 examine, meeting the
6 predetermined production
7 schedule for chairs.
1 Your Answer True
2
4 Question What is Supply Chain?
5 Correct Answer Network of Facility & Distribution
6 Your Answer Network of Facility & Distribution
7
1 Question Following are the parameters of
2 Transportation Metrics :-
3 Correct Answer Transit time , Outbound Freight
4 cost , Freight Cost per unit
5 shipped
6 Your Answer Transit time , Outbound Freight
7 cost , Freight Cost per unit
8 shipped
1
3 Question Marketing, Distribution, planning
4 and Manufacturing along the
5 supply chain operate :-
6 Correct Answer Independently
7 Your Answer Independently
8
2 Question In the supply chain , Material
3 flows :-
4 Correct Answer Downstream
5 Your Answer Downstream
6
1 Correct Answer Scheduled receipt , Projected net
2 required , Planned order Release
3 , Projected sales
4 Your Answer Scheduled receipt , Projected net
5 required , Planned order Release
6 , Projected sales
7
1 Question Risk a stock out can be faced
2 because of :-
3 Correct Answer Delay in resupply , Higher than
4 anticipated usage , Unpredictable
5 demand
6 Your Answer Delay in resupply , Higher than
7 anticipated usage , Unpredictable
8 demand
1
2 Select The Blank
3 Question The cheapest solution is to
4 simply ________ backorders to
5 built up over the planning period.
7 Your Answer Let
8
2 Question In the field of IT enabled Supply
3 Chain, "TPS" means:-
4 Correct Answer Transaction Processing system
5 Your Answer Transaction Processing system
6
8 Question How does aggregate plan
1 created by master production
2 schedule become extremely
3 detailed plan?
6
8 Question In the Japanese concept of total
1 productivity, for output they
2 embrace :-
3 Correct Answer Quantity , Quality , Delivery
4 Your Answer Quantity , Quality , Delivery
5
6 Select The Blank
7 Question By being able to postpone the
8 production to the point where
1 ________ is better known, the
2 company can greatly improve its
3 forecasting abilities.
4 Correct Answer Demand
5 Your Answer Needs
6
7 Select The Blank
8 Question Category C items are relatively
1 unimportant inventory items &
2 are responsible for ________%
3 of inventory cost.
4 Correct Answer 5
5 Your Answer 5
6
8 Question The inventory control systems
1 are :-
2 Correct Answer Two bin , Re-order cycle , Annual
3 demand
4 Your Answer Two bin , Re-order cycle ,
5 Monthly demand
6
8 Question How many levels the supply
1 chain management is divided into
2?
3 Correct Answer Three
4 Your Answer Three
5
6 Select The Blank
7 Question ________ is only the
8 management philosophy which
1 helps organisation to move from
2 one step to another.
3 Correct Answer Benchmarking
4 Your Answer Benchmarking
5
6 True/False
7 Question General Co-ordination is the
8 integration of different function,
1 i.e. production planning,
2 purchasing, sales and
3 distribution.
5 Your Answer False
6
8 Question Which is the tool Available with
1 the industry to learn the business
2 outside to plan the policy for
3 success?
5 Your Answer TQM
6
8 Question In the Supply Chain approach the
1 example for the Individual set of
2 Business activities is the :-
3 Correct Answer Logistics Activities
4 Your Answer Logistics Activities
5
7 Question The co-ordination between
8 various players in the supply
1 chain is the key for the effective
2 :-
3 Correct Answer Management
4 Your Answer Operation
5
7 Question While still maintaining high
8 service level, the objective of
1 supply chain manager for
2 inventory is to :-
3 Correct Answer Decrease it
4 Your Answer Make Zero
5
7 Question Spares stationery, consumable
8 etc. are what type of inventory for
1 the organization?
2 Correct Answer Common
3 Your Answer Common
4
5 Select The Blank
6 Question ODETTE an EDI Format is
7 developed & used by
8 ________motor Industry.
1 Correct Answer European
2 Your Answer European
3
4 True/False
5 Question The measures suggested by
6 Balloy have limited application,
7 mainly at the strategic rather that
8 operational level.
2 Your Answer False
3
5 Question The factors likely to generate
6 future business are :-
7 Correct Answer Integrated Logistics Function ,
8 Expertise In Information System
1 Your Answer Integrated Logistics Function ,
2 Expertise In Information System ,
3 Specialized Logistics Function
4
6 Question In performance scenario, in a simplistic manner provides the
7 continuous total productivity management cycle of :-
1 Your Answer Measurement , Evaluation , Planning
2
3 True/False
4 Question The economic order quantity is the order quantity that minimizes
5 total cost.
7 Your Answer True
8
1 Select The Blank
2 Question The models that describe operational decisions are often very
3 ________ in nature.
4 Correct Answer Specific
5 Your Answer Specific
6
8 Question Which of the following are the modes of transport?
1 Correct Answer Rail , Ocean , Air
2 Your Answer Rail , Ocean , Air
3
5 Question The strategic decision in supply chain includes :-
6 Correct Answer What products to produce , Which plants to produce them ,
7 Allocation of Suppliers to plants
8 Your Answer What products to produce , Which plants to produce them ,
2
5 Correct Answer Cycle counting , Control group cycle counting , Random cycle
6 counting
7 Your Answer Cycle counting , Control group cycle counting , Random cycle
8 counting
1
3 Question The consequence of longer lead time will often be :-
4 Correct Answer Less Dependability , Reduce Production Facility , Higher Levels
5 Of Inventory
6 Your Answer Less Dependability , Reduce Production Facility , Higher Levels
7 Of Inventory
8
2 Question Delaying the component production until shortly before demand
3 is known, may imply producing in :-
4 Correct Answer Small batches
5 Your Answer Small batches
6
8 Question What was introduced by Toyoto to have a method of controlling
1 production in new environment?
2 Correct Answer Kanban
3 Your Answer Kanban
4
5 Select The Blank
6 Question All of the product, process & infrastructure changes ________
7 will have an impact on the knowledge & skills the employees will
8 need to posses.
2 Your Answer Given
3
5 Question Spares stationery, consumable etc. are what type of inventory
6 for the organization?
1
2 Select The Blank
3 Question ________ demand is converted into order information and
4 passed down through the supply chain to trigger product release
5 to the customer.
6 Correct Answer End Consumer
7 Your Answer Market
8
1 True/False
2 Question A two bin system is not appropriate with many stock items.
4 Your Answer True
5
7 Question To provide an adequate support what will be need to do with
8 information system?
1 Correct Answer Major overhaul
2 Your Answer Major overhaul
3
4 Select The Blank
5 Question Suppliers are ________ to JIT business.
6 Correct Answer Crucial
7 Your Answer Important
8
1 Select The Blank
2 Question The value of m reflects the weight given to the current
3 observation in ________ the exponentially smoothed moving
4 average for the specified period.
5 Correct Answer Calculating
6 Your Answer Finalizing
7
1 Question Order cost is derived from the number of order placed multiplied
2 by the cost of:-
3 Correct Answer Placing an order
4 Your Answer Placing an order
5
6 True/False
7 Question Another aspect of Toyoto production system was reduction of
8 setup time.
2 Your Answer True
3
4 True/False
5 Question If you use only Transport Kanban in Kanban process then it is
6 known as simple Kanban process.
8 Your Answer True
1
2 True/False
5 Your Answer True
6
7 True/False
8 Question Regardless of how inventory movement is accounted for, it must
1 be done correctly if accurate inventory records are to be
2 achieved.
4 Your Answer True
5
7 Question Which of the following is the cost in the supply contract?
8 Correct Answer Researching & negotiating
1 Your Answer Researching & negotiating
2
3 True/False
4 Question Logistics covers 90% cost of manufacturing.
6 Your Answer True
7
8 Select The Blank
1 Question As compared to minimal cost strategy the level strategy is
2 ________.
3 Correct Answer Cheaper
4 Your Answer Simple
5
7 Question The co-ordination between various players in the supply chain is
8 the key for the effective :-
2 Your Answer Management
3
5 Question The result of all the factors is that there is not a single integrated
6 plan for the :-
7 Correct Answer Organisation
8 Your Answer Organisation
1
3 Question Industrial Re-engineering concepts encourage :-
4 Correct Answer Modular Organization of work , Multi-skilling , On the job training
5 procedures
6 Your Answer Modular Organization of work , Multi-skilling , On the job training
7 procedures
8
1 True/False
2 Question In industries where it is particularly difficult to match supply can
3 benefit the most from implementing a postpone system.
5 Your Answer True
6
8 Question In MRP II, the concentration is on planning of the manufacturing
1 resources like :-
2 Correct Answer People , Machines , Storage
3 Your Answer People , Machines , Storage
4
5 Select The Blank
6 Question BOM can have ________ levels.
7 Correct Answer Many
8 Your Answer Two
1
3 Question Historically economic techniques/methods tend to have large
4 forecasting errors, for which term?
5 Correct Answer Medium
6 Your Answer Short
7
1 Question Following are the functions of EDI software :-
2 Correct Answer Interfacing with VADS , Trading Partner Database , Encryption of
3 EDI Message
4 Your Answer Interfacing with VADS , Trading Partner Database , Encryption of
5 EDI Message
6
8 Question The concept of unfilled customer order as a measurement is
1 known as :-
2 Correct Answer A backorder
3 Your Answer Reverse order
4
6 Question The changes to be made in supply chain due to problem of
8 Correct Answer Speed it up , Restructure it , Change co-ordination
1 Your Answer Speed it up , Restructure it , Change co-ordination
2
4 Question The majority of companies said that using 3 PL services had
5 positive effect on :-
6 Correct Answer Logistic Cost , Customer satisfaction
7 Your Answer Logistic Cost , Customer satisfaction , Employee Morale
8
1 Select The Blank
2 Question The purpose of the analysis is to discern some relationship
3 between Y1 values observed so far in order to ________ us to
4 forecast future values of Y1.
5 Correct Answer Enable
6 Your Answer Enable
7
1 Question EDI agreement Legal Aspects covers :-
2 Correct Answer Internet cyber law , Time that message will be retained ,
3 Procedure for settling any dispute
4 Your Answer Time that message will be retained , Procedure for settling any
5 dispute , Legal Jurisdiction for settling dispute
6
7 Select The Blank
8 Question In the MRP package referred in the example, the entry of
1 capacity data is to see if we are________ production capacity.
2 Correct Answer Exceeding
3 Your Answer Meeting
4
5 Select The Blank
6 Question The multi plant co-ordination is to coordinate the ________ plans
7 of several plants.
1 Your Answer Supply chain
2
4 Question The Combination of integrated & Non-integrated measures may
5 allow PLAYER in supply chain to assess :-
6 Correct Answer Chain as a whole
7 Your Answer Chain as a whole
8
2 Question If a defective piece was found in Kanban then what happened to
3 production of specified quantity in Kanban?
4 Correct Answer Quantity was not met
5 Your Answer Quantity was not met
6
7 True/False
8 Question Defects per million opportunities(DPMO) is concept of Four
1 Sigma.
3 Your Answer True
4
5 True/False
6 Question The visual record process is only a sub-process in Japanese
7 Kanban Management system.
1 Your Answer False
2
4 Question In a traditional informational pipeline supply chain player always
5 received order information from :-
6 Correct Answer Consumer
7 Your Answer Wholesaler
8
1 Select The Blank
2 Question Exponential smoothing can be viewed as forecast
3 continually________ by the forecast error just made.
4 Correct Answer Updated
5 Your Answer Improved
6
8 Question Following results are possible only & only if organisation goes for Supply chain
1 Priorities:-
2 Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery
3 Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
4
6 Question Product lines with highly customized end product find it difficult to forecast on product
7 basis :-
8 Correct Answer The demand
1 Your Answer The demand
2
4 Question The supply chain management is compared by " Cooper and Ellram" with :-
5 Correct Answer Relay Team
6 Your Answer Relay Team
7
8 True/False
1 Question All forecasting methods require complex calculations and therefore are ideally suited to
2 be done by a computer.
4 Your Answer True
5
6 True/False
7 Question The measures suggested by Balloy have limited application, mainly at the strategic
8 rather that operational level.
2 Your Answer False
3
5 Question Which is the system in which production is demand driven, coordinated with actual
6 customer demand?
7 Correct Answer Pull Base System
8 Your Answer Push Base system
1
2 Select The Blank
5 Your Answer Two
6
8 Question Different machines were clustered together to eliminate :
1 Correct Answer Transportation of item
2 Your Answer Transportation of item
3
5 Question How many levels the supply chain management is divided into ?
7 Your Answer Three
8
1 True/False
2 Question Warehousing & Transportation are not at all related activity in SCM.
4 Your Answer False
5
6 Select The Blank
7 Question In the MRP package referred in the example, the entry of capacity data is to see if we
8 are________ production capacity.
2 Your Answer Not meeting
3
5 Question Both the ordering system fixed quantity at variable times and variable quantity at fixed
6 times has implications for :-
7 Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable
8 supply
1 Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable
2 supply
3
5 Question The levels at which long term decisions are made is :-
7 Your Answer Tactical
8
2 Question The Gap between purchase order creation date and requested delivery date is known as :-
3 Correct Answer Customer Order promised cycle time
4 Your Answer Customer Order promised cycle time
5
6 Select The Blank
7 Question One of the factors behind Japanese success story as geographic proximity and that
8 suppliers are often ________ around the major customers.
1 Correct Answer Clustered
2 Your Answer Clustered
3
5 Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in
6 terms of :-
7 Correct Answer Management & effort , Initial implementation , The continuing effort to run the
8 system
1 Your Answer Management & effort , Initial implementation , The continuing effort to run the
2 system
3
5 Question Outsourcing to 3PL companies to world class standards allow the company to realize
6 their anticipated benefits:-
7 Correct Answer Immediately
8 Your Answer Immediately
1
2 True/False
5 Your Answer False
6
8 Question To provide an adequate support what will be need to do with information system?
3
5 Question The Technical Aspects of EDI agreement are :-
6 Correct Answer coding system , The EDI that is to be employed , The Network that is to be used
7 Your Answer The EDI that is to be employed , The Network that is to be used , coding system
8
2 Question The Data required for the IT application in the field of SCM is mainly based on:-
3 Correct Answer Decision Making
4 Your Answer Data Structure
5
6 True/False
7 Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is
8 require to get involved for the success.
2 Your Answer True
3
4 True/False
5 Question BOM is best thought of as divided interval levels.
7 Your Answer True
8
2 Question How does aggregate plan created by master production schedule become extremely
3 detailed plan?
6
8 Question If we take chair figures from MPS as chair requirement and to meet those requirements,
1 the package will produced a detailed production plan for :-
2 Correct Answer Seats , Backs , Legs
3 Your Answer Seats , Backs , Legs
4
6 Question Spares stationery, consumable etc. are what type of inventory for the organization?
1
4 Correct Answer Short Term , Medium Term , Long Term
5 Your Answer Short Term , Medium Term , Long Term
6
7 True/False
8 Question The globalization of supply chain does not change the requirement within supply chain
1 management.
3 Your Answer False
4
6 Question The treasury equation refers to predict customer spending will look at the factors like :-
8 Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
1
2 True/False
3 Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels.
5 Your Answer True
6
8 Question When conformance is not achieved, what is the role of cycle counting?
1 Correct Answer To provide for cause , To provide for corrective action , To provide for future
2 action
3 Your Answer Measure the level of conformance to expectable , To provide for cause , To provide
4 for corrective action
5
7 Question Companies that would obviously gain very little from postponement, experiences a
8 radically different picture in their business like :-
1 Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low
2 product proliferation
3 Your Answer Low value of short time to market , Low product proliferation , Medium inventory
4 value
5
6 Select The Blank
7 Question A further development of ________ performance measures is that a matrix of indicators
8 can be formulated to relate main process of Logistics to the major long term goals.
3
4 True/False
7 Your Answer False
8
2 Question In any event, we prefer the forecasting method that gives which type of Average squared
3 error?
4 Correct Answer Lowest
5 Your Answer Zero
6
7 Select The Blank
8 Question The indirect cost increase has the consequent ________ the infrastructure & resources.
1 Correct Answer Impacts on
2 Your Answer Effects on
3
4 Select The Blank
5 Question World class Logistics study is published in the year ________.
7 Your Answer 1996
8
1 Select The Blank
2 Question In re-order level approach average stock levels stay more or ________ the same and are
3 Less responsive to change in demand.
4 Correct Answer Less
5 Your Answer Less
6
8 Question The operational perspective in management of inventory level are :-
1 Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order
2 Quantity
3 Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production
4 levels
5
7 Question The data content & floors of stock record systems are needed by which methods?
8 Correct Answer Just in time
1 Your Answer Just in time
2
3 True/False
4 Question In order to meet the guarantee to customer for shipment of notebook PC on same day as
5 receipt of order, the company has to maintain significant amount of inventory.
7 Your Answer True
8
2 Question JIT philosophy has following features :-
3 Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
4 reduced , Continuous improvement always striving to improve
5 Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
6 reduced , Continuous improvement always striving to improve
7
8 Select The Blank
1 Question The strength of postponement lies in its wide ________ as speed becomes more
2 important capability.
5
6 Select The Blank
7 Question Japanese logistics performance and its ________ are paramount priorities in their
8 business environment.
1 Correct Answer Effectiveness
2 Your Answer Effectiveness
3
4 Select The Blank
5 Question Suppliers agree to give customer ________ plans to cope with disruption.
7 Your Answer Contingency
8
1 Select The Blank
2 Question The fire in 1997 forced Toyoto to embark upon review of
3 ________ that were sourced from single supplier.
4 Correct Answer Components
5 Your Answer Raw Materials
6
8 Question The cycle time measured from the firm plan order until final
1 production is reported, is known as :-
2 Correct Answer Manufacturing Cycle Time
3 Your Answer Manufacturing Cycle Time
4
5 Select The Blank
6 Question The geographic placement of production facility, stocking
7 points & sourcing is the ________ step in creating supply
8 chain.
1 Correct Answer First
2 Your Answer First
3
4 True/False
5 Question Regardless of how inventory movement is accounted for, it
6 must be done correctly if accurate inventory records are to be
7 achieved.
1 Your Answer True
2
3 Select The Blank
4 Question The basic operators framework ________ that there is a link
5 between capabilities & strategy on one hand & capabilities &
6 resources & infrastructure on the other hand.
7 Correct Answer Implies
8 Your Answer Implies
1
3 Question The SCM key metrics should be closely aligned to the
4 company's strategic objectives. In this measurements usually
5 covers :-
7 Your Answer Internal Business , Training , Customer
8
6
7 True/False
8 Question JIT need to be applied to all stages of process.
2 Your Answer True
3
4 Select The Blank
5 Question Outsourcing is not without risks, in fact the benefits are
6 ________ more transparent with risks Often being hidden
7 initially.
8 Correct Answer Often
1 Your Answer Mostly
2
3 Select The Blank
4 Question The multi plant co-ordination is to coordinate the ________
5 plans of several plants.
8
1 Select The Blank
2 Question The real benefits of Kanban will not be ________ until the
3 auto-industry moves into a mixed production.
4 Correct Answer Realized
5 Your Answer Utilized
6
7 True/False
1 Sigma.
3 Your Answer True
4
5 True/False
6 Question The economic order quantity is the order quantity that
7 minimizes total cost.
1 Your Answer True
2
7 Your Answer Time that message will be retained , Procedure for settling
8 any dispute , Legal Jurisdiction for settling dispute
1
2 True/False
3 Question There may be a temptation to dismiss the Kaizen concept
4 particularly suited to Japanese mentality.
6 Your Answer True
7
1 Question How many levels the supply chain management is divided
2 into ?
4 Your Answer Four
5
6 True/False
7 Question If the supply chain do not track uncertainties than it leads to
8 non optimal stocking levels.
2 Your Answer True
3
4 Select The Blank
5 Question The enrichment mechanism is an ________ point of sales
6 link.
7 Correct Answer Electronic
8 Your Answer Critical
1
6
2 Your Answer Network of Facility & Distribution
3
5 Question Marketing, Distribution, planning and Manufacturing along the
6 supply chain operate :-
8 Your Answer Independently
1
3 Question The supply chain management is compared by " Cooper and
4 Ellram" with :-
6 Your Answer Long Distance Runner
7
2 Correct Answer Modular Organization of work , Multi-skilling , On the job
3 training procedures
4 Your Answer Modular Organization of work , Multi-skilling , Minimum level
5 of quality to satisfy customers
6
8 Question While still maintaining high service level, the objective of
1 supply chain manager for inventory is to :-
3 Your Answer Decrease it
4
6 Question The minimum number of products unit in stock at the end of
7 each week corresponds to what type of stock in the case of
8 unforeseen demand?
1 Correct Answer Safety
2 Your Answer Safety
3
4 True/False
5 Question The marketing effort is somewhat restricted by the necessity
6 to sell leftover products following year.
8 Your Answer True
1
7
1 Question The various basic logistics productivity ratios can be used to
2 control elements such as :-
4 Your Answer Warehousing , Transportation , Customer Service
5
6 Select The Blank
7 Question Paper or computer records require time to check ________
8 against recorder level.
1 Correct Answer Stock
2 Your Answer Availability
3
1 What products to sell
2
4 Question Spares stationery, consumable etc. are what type of
5 inventory for the organization?
8
1 Select The Blank
2 Question One of the factors behind Japanese success story as
3 geographic proximity and that suppliers are often ________
4 around the major customers.
6 Your Answer Scattered
7
1 Question Companies that would obviously gain very little from
2 postponement, experiences a radically different picture in
3 their business like :-
4 Correct Answer Demand with little or no uncertainty , Low value of short time
5 to market , Low product proliferation
6 Your Answer Demand with little or no uncertainty , Low value of short time
8
2 Question What is the advantage of IT for monitoring the supply chain
3 performance?
4 Correct Answer Statistics is generated
5 Your Answer Statistics is generated
6
7 Select The Blank
8 Question The hiring cost of one employee is ________ in minimal cost
1 strategy.
3 Your Answer £ 475
4
6 Question Inadequate & excess inventory both are revenue losses for a
7 business so as to avoid this, which of the following is
8 required?
1 Correct Answer TQM & JIT
2 Your Answer FMCG
3
4 True/False
5 Question Distribution & Warehousing comes under supply chain
6 measurement.
8 Your Answer True
1
2 True/False
3 Question The enriching the order decisions with market place
4 information enables the factory to be much more responsive,
5 since less supply chain Filtering is taking place.
7 Your Answer True
8
5
7 Question The co-ordination between various players in the supply
8 chain is the key for the effective :-
3
5 Question It is the requirement of Enriched supply chain players to cope
6 up with :-
7 Correct Answer Rapidly changing order rates
8 Your Answer Inventory control
1
3 Question The result of all the factors is that there is not a single
4 integrated plan for the :-
6 Your Answer Supply Chain Management
7
1 Question In management, construction of a strategic framework for
2 productivity and performance analysis is required for :-
3 Correct Answer Logistics management
4 Your Answer Logistics management
5
7 Question Holding costs are expressed as a % of stock values. What is
8 the percentage?
1 Correct Answer 15% - 30%
2 Your Answer 20% - 30%
3
4 True/False
5 Question The measures suggested by Balloy have limited application,
6 mainly at the strategic rather that operational level.
8 Your Answer True
1
3 Question The American National standards which are developed for replacing
4 various sector standards is known as:-
5 Correct Answer ANSI X 12
6 Your Answer ANSI X 12
7
1 Question The implications of introducing consolidation centre were :-
2 Correct Answer How many centers to have? , Location of centres , Size of centres
3 Your Answer Location of centres , Size of centres , To which GM plant centres will
4 send?
5
2 Your Answer Distributor
3
5 Question The term productivity is often ill-defined but basically, it's measurement
6 is that of a prescribed output to the resources :-
7 Correct Answer Consumed
8 Your Answer Used
1
3 Question In the supply chain , Material flows :-
6
7 True/False
8 Question The estimate is that the 3 PL industry will quadruple its size in next five
1 years.
3 Your Answer False
4
6 Question In the current business scenario Indian organisations require to
7 improve customer service to become perfect in :-
8 Correct Answer Customer centric process
1 Your Answer Business Analysis
2
3 True/False
4 Question In an ideal world we would like a forecasting method for which all
5 errors are near zero.
7 Your Answer True
8
1 Select The Blank
2 Question Simple method for Time series forecasting is to take a ________
3 Average.
4 Correct Answer Moving
5 Your Answer Non Weighted Moving
6
8 Question The globalization has forced local companies to improve following:-
1 Correct Answer Manufacturing Practices , Supply Chain Management , Inventory
2 Levels and Distribution Capabilities
3 Your Answer Distribution Network , Supply Chain Management , Inventory Levels
4 and Distribution Capabilities
5
6 Select The Blank
7 Question According to Ducker, Customer focus oriented logistics must be treated
8 as ________.
1 Correct Answer Cost saving centre
2 Your Answer Policy Matter
3
5 Question If the requirement of chairs as given are 135 in week 3, 90 in week 5,
6 60 in week 6 then the requirement of seats are :-
7 Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4
8 Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
1
2 Select The Blank
3 Question The realistic ________ demonstrate the benefits of a holistic view of
4 supply chain information flow.
5 Correct Answer Simulation Model
6 Your Answer Simulation Model
7
8 Select The Blank
1 Question The mode choice aspect of transport decisions are more ________
2 ones, as they are closely linked with inventory decision.
4 Your Answer Locational
5
6 Select The Blank
7 Question From the output by MRP package for chairs in the example, we are
8 advised to place an order for ________ legs in week 2.
1 Correct Answer Overhead
2 Your Answer Overhead
3
4 True/False
5 Question The constraints in multiple equation methods will probably be different
6 for different groups.
8 Your Answer True
1
6 Your Answer Quantity was made by replacing defective component
7
8 Select The Blank
1 Question ________ is activity which is outsourced by most of Indian companies.
2 Correct Answer Warehousing
3 Your Answer Billing
4
6 Question What are the prerequisites for change while Switching over to SCM?
7 Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
8 Your Answer Shared Vision , Capacity for Change , Outbound Training
1
2 Select The Blank
3 Question Kanban process ________ focuses on the human factors of
4 production.
5 Correct Answer Indirectly
6 Your Answer Indirectly
7
8 True/False
1 Question It would be impossible to find the minimum cost solution manually.
3 Your Answer False
4
5 True/False
6 Question All forecasting methods require complex calculations and therefore are
7 ideally suited to be done by a computer.
1 Your Answer True
2
4 Question In SCM metrics, Training means :-
5 Correct Answer Inhouse training , APICS Membership , Certification Training
6 Your Answer Inhouse training , APICS Membership , Certification Training
7
8 True/False
1 Question Incoming inventory is the receiving of the items, as a result of buying in
2 from external or internal suppliers
4 Your Answer True
5
8 60 in week 6 then the requirement of backs are :-
2 Your Answer 60 in week 4
3
4 Select The Blank
5 Question If demand is known & steady, then ________ inventory can be
6 estimated.
7 Correct Answer Average
8 Your Answer Final
1
2 True/False
3 Question By going beyond internal supply chain & including external suppliers
4 and customers does not expose opportunities for improving internal
5 operations.
7 Your Answer True
8
2 Question The competitive priorities in operations strategy are :-
3 Correct Answer Cost , Quality , Time
4 Your Answer Cost , Quality , Time
5
7 Question In both marking stock and order, which cost is incurred?
8 Correct Answer Stock acquisition
1 Your Answer Stock acquisition
2 strategic decisions.
3
4 True/False
5 Question Retailers are not interested in low stock run.
7 Your Answer False
8
1 Select The Blank
2 Question ________ is only the management philosophy which helps
3 organisation to move from one step to another.
6
8 Question Realignment of infrastructure includes :-
1 Correct Answer Production & warehouse premises , Production equipment ,
2 Information & IT system
3 Your Answer Production & warehouse premises , Production equipment , Supplies
4
6 Question In Supply Chain Management, the goal is to be able to replace
7 inventory of :-
8 Correct Answer Manufacturers , Suppliers , Customers
1 Your Answer Manufacturers , Suppliers , Distributors
2
5 Correct Answer To provide for cause , To provide for corrective action , To provide for
6 future action
7 Your Answer Measure the level of conformance to expectable , To provide for
8 corrective action , To provide for future action
1
3 Question The problems faced by the HP DCs due to traditional system were :-
4 Correct Answer Large finished goods inventory , Additional stock to handle all the
5 product proliferation , Increasing emphasize placed on speed
6 Your Answer Large finished goods inventory , Additional stock to handle all the
8
1 True/False
2 Question For a fixed time re-order cycle system, the time at risk is re-order lead
3 time plus the re-order cycle time.
5 Your Answer False
6
7 True/False
8 Question There are no international EDI standards. The user organization
1 require to develop it for their operation only.
3 Your Answer False
4
7 information flow, right from raw material to consumption of finished
8 goods but the focus is given to :-
7
5
7 Question The minimum number of products unit in stock at the end of each
8 week corresponds to what type of stock in the case of unforeseen
1 demand?
4
5 True/False
6 Question The marketing effort is somewhat restricted by the necessity to
7 sell leftover products following year.
1 Your Answer True
2
8
6
7 Select The Blank
4
1 Your Answer What products to produce , Which plants to produce them , What
2 products to sell
3
5 Question Spares stationery, consumable etc. are what type of inventory for
6 the organization?
1
2 Select The Blank
3 Question One of the factors behind Japanese success story as geographic
4 proximity and that suppliers are often ________ around the major
5 customers.
8
3 postponement, experiences a radically different picture in their
4 business like :-
5 Correct Answer Demand with little or no uncertainty , Low value of short time to
6 market , Low product proliferation
7 Your Answer Demand with little or no uncertainty , Low value of short time to
1
4 performance?
7
8 Select The Blank
2 strategy.
5
8 business so as to avoid this, which of the following is required?
2 Your Answer FMCG
3
4 True/False
6 measurement.
8 Your Answer True
1
2 True/False
3 Question The enriching the order decisions with market place information
4 enables the factory to be much more responsive, since less
5 supply chain Filtering is taking place.
7 Your Answer True
8
5
3
5 Question It is the requirement of Enriched supply chain players to cope up
6 with :-
1
4 plan for the :-
7
5
7 Question Holding costs are expressed as a % of stock values. What is the
8 percentage?
3
4 True/False
8 Your Answer True
1
3 Question Following results are possible only & only if organisation goes for
4 Supply chain Priorities:-
7
1 Question Product lines with highly customized end product find it difficult
2 to forecast on product basis :-
5
7 Question The supply chain management is compared by " Cooper and Ellram" with
8 :-
3
4 True/False
5 Question All forecasting methods require complex calculations and therefore
6 are ideally suited to be done by a computer.
8 Your Answer True
1
2 True/False
3 Question The measures suggested by Balloy have limited application, mainly at
4 the strategic rather that operational level.
6 Your Answer False
7
1 Question Which is the system in which production is demand driven,
2 scm
3 coordinated with actual customer demand?
6
7 Select The Blank
2 Your Answer Two
3
8
4 Your Answer Three
5
6 True/False
1 Your Answer False
2
3 Select The Blank
4 Question In the MRP package referred in the example, the entry of capacity
5 data is to see if we are________ production capacity.
8
2 Question Both the ordering system fixed quantity at variable times and
3 variable quantity at fixed times has implications for :-
4 Correct Answer Safety stock , Operational responsiveness , Level of risk
5 involved given variable supply
6 scm
7 Your Answer Safety stock , Operational responsiveness , Level of risk
1
6
8 Question The Gap between purchase order creation date and requested delivery
1 date is known as :-
4
5 Select The Blank
7 proximity and that suppliers are often ________ around the major customers.
2
4 Question Implementing JIT system is a task that can't be undertaken lightly,
5 it will be expensive in terms of :-
6 Correct Answer Management & effort , Initial implementation , The continuing
8 Your Answer Management & effort , Initial implementation , The continuing
2
4 Question Outsourcing to 3PL companies to world class standards allow the
5 company to realize their anticipated benefits:-
8
1 True/False
4 Your Answer False
5 scm
6
4
7 Correct Answer coding system , The EDI that is to be employed , The Network
8 that is to be used
1 Your Answer The EDI that is to be employed , The Network that is to be used ,
2 coding system
3
5 Question The Data required for the IT application in the field of SCM is
6 mainly based on:-
1
2 True/False
3 Question In the supply chain, a team of four player, retailer, distributor,
4 warehouse, factory is require to get involved for the success.
6 scm
7 Your Answer True
8
1 True/False
4 Your Answer True
5
3
5 Question If we take chair figures from MPS as chair requirement and to meet
6 those requirements, the package will produced a detailed production plan for :-
1
4 the organization?
7
4
5 True/False
6 Question The globalization of supply chain does not change the requirement
7 within supply chain management.
1 Your Answer False
2 scm
3
5 Question The treasury equation refers to predict customer spending will look
6 at the factors like :-
7 Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
8 Index
1 Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
2 Index
3
4 True/False
5 Question If the supply chain do not track uncertainties than it leads to non
6 optimal stocking levels.
8 Your Answer True
1
3 Question When conformance is not achieved, what is the role of cycle
4 counting?
5 Correct Answer To provide for cause , To provide for corrective action , To
6 provide for future action
8 cause , To provide for corrective action
1
3 Question Companies that would obviously gain very little from postponement,
4 experiences a radically different picture in their business like :-
7 Your Answer Low value of short time to market , Low product proliferation ,
8 Medium inventory value
1
2 Select The Blank
3 Question A further development of ________ performance measures is that a
4 matrix of indicators can be formulated to relate main process of Logistics to the
8
1 True/False
4 scm
5 Your Answer False
6
8 Question In any event, we prefer the forecasting method that gives which type
1 of Average squared error?
3 Your Answer Zero
4
5 Select The Blank
6 Question The indirect cost increase has the consequent ________ the
7 infrastructure & resources.
2
3 Select The Blank
6 Your Answer 1996
7
8 Select The Blank
1 Question In re-order level approach average stock levels stay more or
2 ________ the same and are Less responsive to change in demand.
4 Your Answer Less
5
8 Correct Answer Deployment strategies , Setting Safety Stock level , Optimal
1 Level of Order Quantity
2 Your Answer Setting Safety Stock level , Optimal Level of Order Quantity ,
3 Setting of production levels
4
6 Question The data content & floors of stock record systems are needed by
7 which methods?
2
3 True/False
4 Question In order to meet the guarantee to customer for shipment of notebook
5 PC on same day as receipt of order, the company has to maintain significant
6 amount of inventory.
8 Your Answer True
1
4 Correct Answer Elimination of waste in many forms , Belief that ordering /
5 holding cost can be reduced , Continuous improvement always striving to improve
6 Your Answer Elimination of waste in many forms , Belief that ordering /
8
1 Select The Blank
2 Question The strength of postponement lies in its wide ________ as speed
3 becomes more important capability.
6
7 Select The Blank
8 scm
1 Question Japanese logistics performance and its ________ are paramount
2 priorities in their business environment.
5
6 Select The Blank
8 disruption.
3
1
3 Question Product lines with highly customized end product find it difficult
4 to forecast on product basis :-
7
2 :-
5
6 True/False
7 Question All forecasting methods require complex calculations and therefore
8 are ideally suited to be done by a computer.
2 Your Answer True
3
4 True/False
5 Question The measures suggested by Balloy have limited application, mainly at
6 the strategic rather that operational level.
8 Your Answer False
1
3 Question Which is the system in which production is demand driven,
4 coordinated with actual customer demand?
7
8 Select The Blank
3 Your Answer Two
4
1
5 Your Answer Three
6
7 True/False
2 Your Answer False
3
4 Select The Blank
5 Question In the MRP package referred in the example, the entry of capacity
6 data is to see if we are________ production capacity.
1
3 Question Both the ordering system fixed quantity at variable times and
4 variable quantity at fixed times has implications for :-
5 Correct Answer Safety stock , Operational responsiveness , Level of risk
7 Your Answer Safety stock , Operational responsiveness , Level of risk
1
6
4
5 Select The Blank
7 proximity and that suppliers are often ________ around the major customers.
2
4 Question Implementing JIT system is a task that can't be undertaken lightly,
5 it will be expensive in terms of :-
6 Correct Answer Management & effort , Initial implementation , The continuing
8 Your Answer Management & effort , Initial implementation , The continuing
2
4 Question Outsourcing to 3PL companies to world class standards allow the
5 company to realize their anticipated benefits:-
8
1 True/False
4 Your Answer False
5
3
6 Correct Answer coding system , The EDI that is to be employed , The Network
7 that is to be used
8 Your Answer The EDI that is to be employed , The Network that is to be used ,
1 coding system
2
5 mainly based on:-
8
1 True/False
2 Question In the supply chain, a team of four player, retailer, distributor,
3 warehouse, factory is require to get involved for the success.
5 Your Answer True
6
7 True/False
2 Your Answer True
3
1
7
2 the organization?
5
2
3 True/False
4 Question The globalization of supply chain does not change the requirement
5 within supply chain management.
7 Your Answer False
8
2 Question The treasury equation refers to predict customer spending will look
3 at the factors like :-
4 Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
5 Index
6 Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation
7 Index
8
1 True/False
2 Question If the supply chain do not track uncertainties than it leads to non
3 optimal stocking levels.
5 Your Answer True
6
8 Question When conformance is not achieved, what is the role of cycle
1 counting?
2 Correct Answer To provide for cause , To provide for corrective action , To
3 provide for future action
5 cause , To provide for corrective action
6
8 Question Companies that would obviously gain very little from postponement,
1 experiences a radically different picture in their business like :-
4 Your Answer Low value of short time to market , Low product proliferation ,
5 Medium inventory value
6
7 Select The Blank
8 Question A further development of ________ performance measures is that a
1 matrix of indicators can be formulated to relate main process of Logistics to the
5
6 True/False
1 Your Answer False
2
4 Question In any event, we prefer the forecasting method that gives which type
5 of Average squared error?
7 Your Answer Zero
8
1 Select The Blank
2 Question The indirect cost increase has the consequent ________ the
3 infrastructure & resources.
6
7 Select The Blank
2 Your Answer 1996
3
4 Select The Blank
8 Your Answer Less
1
4 Correct Answer Deployment strategies , Setting Safety Stock level , Optimal
5 Level of Order Quantity
6 Your Answer Setting Safety Stock level , Optimal Level of Order Quantity ,
7 Setting of production levels
8
3 which methods?
6
7 True/False
4 Your Answer True
5
8 Correct Answer Elimination of waste in many forms , Belief that ordering /
2 Your Answer Elimination of waste in many forms , Belief that ordering /
4
5 Select The Blank
2
3 Select The Blank
4 Question Japanese logistics performance and its ________ are paramount
5 priorities in their business environment.
8
1 Select The Blank
3 disruption.
6
7 Select The Blank
2 Your Answer Necessary
3
5 Question Following are some of the tools for Supply Chain Measurement :-
6 Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
7 Replenishment Cycle Time
8 Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
2
8
1 Select The Blank
5 Your Answer Requested delivery date
6
8 Question Following are the parameters of Transportation Metrics :-
1 Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit
2 shipped
3 Your Answer Transit time , Outbound Freight cost , Freight Cost per unit
4 shipped
5
6 True/False
7 Question The effect of buying discount / price breaks does need to be
8 calculated additionally.
2 Your Answer True
3
4 True/False
5 Question The advantage of using moving average for forecasting is that in
6 calculating the average all the observations are given equal weightage.
8 Your Answer True
1
2 True/False
5 Your Answer True
6
2 counting
3 Your Answer Control group cycle counting , Random cycle counting
4
6 Question Total cost of Ownership & direct Product Profitability are focused
7 at a particular segment of chain intended to be used for :-
8 Correct Answer Chain wide Management
1 Your Answer Chain wide Management
2
4 Question The co-ordination between various players in the supply chain is the
5 key for the effective :-
8
2 Question Within the production field, which process is the most significant
3 of the following?
6
7 True/False
8 Question Customer satisfaction through quality must be balanced against
1 environmental impact & strain on the workforce.
3 Your Answer True
4
5 Select The Blank
6 Question We have criteria for ________ forecasts, however generalized they
7 are.
8 Correct Answer Distinguishing
1 Your Answer Comparing
2
3 Select The Blank
4 Question According the example, for minimal cost, the number of initial
5 workers considered is ________
6 Correct Answer 10
7 Your Answer 9
8
2 Question If the demand forecast is more accurate which will result in
3 inventory problems what will be its effect on Inventory Carrying and Ordering
4 cost?
5 Correct Answer It will be optimized
6 Your Answer It will be reduced
7
1 Question By not ordering chairs, we reach a stock out by which week in the
2 example given?
3 Correct Answer 5
4 Your Answer 6
5
7 Question Mr. Lunch cross show performance which is filtered down from
8 corporate vision as a :-
1 Correct Answer Pyramid
2 Your Answer Pyramid
3
8 Your Answer Consumer
1
3 Question Kanban is :-
4 Correct Answer A signal or message of communication , Used to control the
5 flow of item through the production process , A push process
6 Your Answer A signal or message of communication , Used to control the flow
7 of item through the production process , A push process
8
1 True/False
2 Question The total cost in minimal cost strategy is £ 63400.
4 Your Answer True
5
6 Select The Blank
7 Question ________ is only the management philosophy which helps organisation
8 to move from one step to another.
2 Your Answer Benchmarking
3
5 Question In which technique when applied to the use of numbers in
6 forecasting, vary from high to low?
7 Correct Answer Qualitative
8 Your Answer Qualitative
1
3 Question In the Japanese concept of total productivity, for output they
4 embrace :-
5 Correct Answer Quantity , Quality , Delivery
6 Your Answer Quality , Delivery , Facilities
7
1 Question If the material requirement plan is accurate, then it results in
2 better management of :-
3 Correct Answer Cash flow
4 Your Answer Production
5
6 Select The Blank
7 Question Kanban process ________ focuses on the human factors of production.
1 Your Answer Directly
2
4 Question The majority of companies said that using 3 PL services had positive
5 effect on :-
8
2 Question What affects the forecasting of performance levels?
3 Correct Answer Changing environment
4 Your Answer Foreseen events
5
6 Select The Blank
7 Question One of the ideas behind JIT is to reduce fixed setup cost & variable
8 holding cost to ________ total cost
2 Your Answer Minimise
3
4 True/False
5 Question Distribution & Warehousing comes under supply chain measurement.
7 Your Answer True
8
2 Question The SCM key metrics should be closely aligned to the company's
3 strategic objectives. In this measurements usually covers :-
5 Your Answer Internal Business , Training , Customer
6
7 True/False
8 Question The impact of indirect cost increase is sometimes not limited to
1 company implementing postponement, but affects the other players in the supply
2 chain.
4 Your Answer False
5
7 Question The changes to be made in supply chain due to problem of longer lead
8 time is:-
3
4 Select The Blank
5 Question According to Ducker, Customer focus oriented logistics must be
6 treated as ________.
8 Your Answer Cost saving centre
1
8
1 True/False
3 total cost.
5 Your Answer True
6
7 True/False
8 Question Backorder means an unfilled customer order.
2 Your Answer False
3
4 Select The Blank
5 Question For the good result, supply chain require to be very ________.
6 Correct Answer Transparent
7 Your Answer Transparent
8
1 Select The Blank
2 Question EOQ is very sensitive to error as long as the magnitude of cost /
3 demand data is ________ accurate.
4 Correct Answer Reasonably
5 Your Answer Completely
6
8 Question The most relevant measures for capital input is that of :-
1 Correct Answer Replacement cost
2 Your Answer Market value
3
5 Question The mechanism by which material and information flows through supply
6 chain, is known as :-
7 Correct Answer Pipeline
8 Your Answer Chainline
1
3 Question Fixed quantity systems :-
4 Correct Answer Can cope well with demand variability , Facilitate lower
5 stocks , Orders can not be consolidated to secure supplier discounts
6 Your Answer Are easy to manage , Can cope well with demand variability ,
7 Facilitate lower stocks
8
2 Question The media for EDI communication are :-
3 Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link
4 Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
5
7 Question In the single product example defined for planning into periods,
8 some of the options are :-
1 Correct Answer Regular time , Hire employees , Fire employees
2 Your Answer Regular time , Hire employees , Fire employees
3
4 True/False
5 Question The key point about structural information is that it changes
6 relatively infrequently.
8 Your Answer True
1
3 Question In performance scenario, in a simplistic manner provides the
4 continuous total productivity management cycle of :-
6 Your Answer Measurement , Evaluation , Planning
7
8 True/False
2 total cost.
4 Your Answer True
5
6 Select The Blank
8 ________ in nature.
2 Your Answer Specific
3
8
7
3 counting
4 Your Answer Cycle counting , Control group cycle counting , Random cycle
5 counting
6
8 Question The consequence of longer lead time will often be :-
1 Correct Answer Less Dependability , Reduce Production Facility , Higher Levels
2 Of Inventory
3 Your Answer Less Dependability , Reduce Production Facility , Higher Levels
4 Of Inventory
5
7 Question Delaying the component production until shortly before demand
8 is known, may imply producing in :-
1 Correct Answer Small batches
2 Your Answer Small batches
3
5 Question What was introduced by Toyoto to have a method of controlling
6 production in new environment?
1
2 Select The Blank
3 Question All of the product, process & infrastructure changes ________
4 will have an impact on the knowledge & skills the employees will
5 need to posses.
7 Your Answer Given
8
2 Question Spares stationery, consumable etc. are what type of inventory
3 for the organization?
6
7 Select The Blank
8 Question ________ demand is converted into order information and
1 passed down through the supply chain to trigger product release
2 to the customer.
3 Correct Answer End Consumer
4 Your Answer Market
5
6 True/False
1 Your Answer True
2
8
1 Select The Blank
4 Your Answer Important
5
6 Select The Blank
7 Question The value of m reflects the weight given to the current
8 observation in ________ the exponentially smoothed moving
1 average for the specified period.
2 Correct Answer Calculating
3 Your Answer Finalizing
4
6 Question Order cost is derived from the number of order placed multiplied
7 by the cost of:-
8 Correct Answer Placing an order
1 Your Answer Placing an order
2
3 True/False
4 Question Another aspect of Toyoto production system was reduction of
5 setup time.
7 Your Answer True
8
1 True/False
2 Question If you use only Transport Kanban in Kanban process then it is
3 known as simple Kanban process.
5 Your Answer True
6
7 True/False
2 Your Answer True
3
4 True/False
5 Question Regardless of how inventory movement is accounted for, it must
6 be done correctly if accurate inventory records are to be
7 achieved.
1 Your Answer True
2
4 Question Which of the following is the cost in the supply contract?
5 Correct Answer Researching & negotiating
6 Your Answer Researching & negotiating
7
8 True/False
3 Your Answer True
4
5 Select The Blank
6 Question As compared to minimal cost strategy the level strategy is
7 ________.
8 Correct Answer Cheaper
1 Your Answer Simple
2
8
3 plan for the :-
5 Your Answer Organisation
6
1 Correct Answer Modular Organization of work , Multi-skilling , On the job training
2 procedures
3 Your Answer Modular Organization of work , Multi-skilling , On the job training
4 procedures
5
6 True/False
7 Question In industries where it is particularly difficult to match supply can
8 benefit the most from implementing a postpone system.
2 Your Answer True
3
6 resources like :-
1
2 Select The Blank
5 Your Answer Two
6
8 Question Historically economic techniques/methods tend to have large
1 forecasting errors, for which term?
2 Correct Answer Medium
3 Your Answer Short
4
6 Question Following are the functions of EDI software :-
7 Correct Answer Interfacing with VADS , Trading Partner Database , Encryption of
8 EDI Message
1 Your Answer Interfacing with VADS , Trading Partner Database , Encryption of
2 EDI Message
3
5 Question The concept of unfilled customer order as a measurement is
6 known as :-
7 Correct Answer A backorder
8 Your Answer Reverse order
1
7
1 Question The majority of companies said that using 3 PL services had
2 positive effect on :-
5
6 Select The Blank
7 Question The purpose of the analysis is to discern some relationship
8 between Y1 values observed so far in order to ________ us to
1 forecast future values of Y1.
2 Correct Answer Enable
3 Your Answer Enable
4
1 Your Answer Time that message will be retained , Procedure for settling any
2 dispute , Legal Jurisdiction for settling dispute
3
4 Select The Blank
5 Question In the MRP package referred in the example, the entry of
6 capacity data is to see if we are________ production capacity.
8 Your Answer Meeting
1
2 Select The Blank
3 Question The multi plant co-ordination is to coordinate the ________ plans
4 of several plants.
6 Your Answer Supply chain
7
1 Question The Combination of integrated & Non-integrated measures may
2 allow PLAYER in supply chain to assess :-
3 Correct Answer Chain as a whole
4 Your Answer Chain as a whole
5
2 Your Answer Quantity was not met
3
4 True/False
6 Sigma.
8 Your Answer True
1
2 True/False
3 Question The visual record process is only a sub-process in Japanese
4 Kanban Management system.
6 Your Answer False
7
4 Your Answer Wholesaler
5
6 Select The Blank
7 Question Exponential smoothing can be viewed as forecast
8 continually________ by the forecast error just made.
1 Correct Answer Updated
2 Your Answer Improved
3 Saturday, October 18, 2008
4
5 True/False
8 Your Answer False
1
2 Select The Blank
7
8 Select The Blank
4
5 Select The Blank
2
3 True/False
7 Your Answer True
8
1 True/False
4 Your Answer True
5
2
3 True/False
6 Your Answer True
7
8 Select The Blank
4
1
2 True/False
6 Your Answer True
7
8 Select The Blank
5
6 Select The Blank
3
7 Inventory is Zero
2
1
4 reduce their :-
7
8 Select The Blank
2 planning period.
5
1 Projected sales
3 Projected sales
4
1 their Knowledge
2
8
3 ordered is :-
5 Your Answer 150
6
4
5 True/False
1 Your Answer True
2
8
6
7 True/False
1 smoothing.
3 Your Answer True
4
5 Select The Blank
7 item.
2
3 Select The Blank
1
2 True/False
5 Your Answer True
6
4
2
3 True/False
7 Your Answer True
8
6
5
6 Select The Blank
3
4 True/False
6 making purpose.
8 Your Answer False
1
4 factors like :-
8
5 Your Answer 1980
6
4
2
8
1 Select The Blank
5
3
1
5 shipment
8
2 Question In 1996, the purchase of logistics services by 3PL on behalf of
3 their client in billion dollars was :-
4 Correct Answer 25
5 Your Answer 25
6
1 which methods?
3 Your Answer Master production schedule
4
6 Question The alternative strategy to meet the increased demand will be to buy
7 from subcontractor if it would have been :-
8 Correct Answer At cheaper cost
1 Your Answer Faster Supplies
2
5 Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes
6 per day of shipment
7 Your Answer 1770 suppliers , 31 Assemble parts , 10000 parts shipped per day
8
1 True/False
2 Question Total productivity appears the only relevant productivity measure
3 SCM
4 for decision making purpose.
6 Your Answer False
7
8 Select The Blank
2 ________ in nature.
4 Your Answer Complex
5
6 Select The Blank
7 Question Market sales data is the ________ for the whole supply chain.
8 Correct Answer Information catalyst
1 Your Answer Competitive Advantage
2
6 Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue
7 Your Answer On Time Delivery , Reduce Inventory Cost , More Revenue
8
2 Question The Appraisal points for market information enriched strategy are :-
3 Correct Answer JIT Capacity Level , Number of Stock turns , Order
4 Amplification
5 Your Answer JIT Capacity Level , Number of Stock turns , Consumer Habit
6 fluctuation
7
1 Question How the average inventory for the stock item is represented?
2 Correct Answer By 1/2 stock
3 Your Answer By 1/2 stock
4
5 Select The Blank
6 Question The real benefits of Kanban will not be ________ until the
7 auto-industry moves into a mixed production.
8 Correct Answer Realized
1 Your Answer Utilized
2
7 SCM
8
1 True/False
4 Your Answer True
5
6 True/False
7 Question MRP typically takes into account the capacity consideration.
1 Your Answer False
2
3 True/False
4 Question ODETTE is not applicable for automobile industry.
6 Your Answer True
7
1 Question While still maintaining high service level, the objective of supply
2 chain manager for inventory is to :-
4 Your Answer Decrease it
5
1 Your Answer Network of Intermediate and Finished products
2
3 Select The Blank
7
3 Your Answer Movement of workers
4
8 Your Answer Three
1
5 Your Answer Horizontally
6
8 Question Marketing, Distribution, planning and Manufacturing along the supply
1 chain operate :-
3 Your Answer Concurrently
4
7 :-
2
8
1 True/False
6 Your Answer True
7
8 Select The Blank
4 Your Answer Less
5
8 mainly based on:-
2 Your Answer DBMS
3
5 Question According to Womack & Jones (1996),Who is the Prospective of SCM?
6 Correct Answer Final Customer
7 Your Answer Final Customer
8
2 Question The modeling approaches are :-
3 Correct Answer Network Design , Rough Cut Method , Simulation Based
4 Your Answer Network Design , Rough Cut Method , Simulation Based
5
3
4 True/False
5 Question Postponement does guarantee win win situation under all circumstance
6 in spite of cost involved.
8 Your Answer False
1
3 Question The mechanism by which material and information flows through supply
4 chain, is known as :-
5 Correct Answer Pipeline
6 Your Answer Pipeline
7
8 Select The Blank
1 Question Indirect cost increases can be caused by changes in the ________ and
2 distribution process.
4 Your Answer Production
5 SCM
6
8 Question Following are some of the tools for Supply Chain Measurement :-
1 Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
3 Your Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time ,
4 Training Cycle Time
5
2 Your Answer The alternative buyers
3
4 True/False
5 Question The information enriched factories are, therefore, able to make an
6 informed decision at a much earlier point in the time than the factory at the end
7 of the traditional supply chain.
1 Your Answer True
2
3 Select The Blank
7 Your Answer Requested delivery date
8
2 Question What can a company improve by being able to postpone the production
3 in its existing business?
5 Your Answer Sales
6
4
7 resources like :-
2
3 True/False
5 enables the factory to be much more responsive, since less supply chain Filtering
6 is taking place.
8 Your Answer True
1
3 Question The co-ordination between various players in the supply chain is the
4 key for the effective :-
7
8 Select The Blank
1 Question The retailers undertake Pareto Analysis routinely to ________
2 turnover of item.
4 Your Answer Increase
5
6 Select The Blank
7 Question The integration will make each unit of organization understand how
8 the action will impact other parts of & enabling it to choose alternative that
1 ________ the organization goal.
2 Correct Answer Optimize
3 SCM
4 Your Answer Complete
5
6 Select The Blank
3
4 Select The Blank
6 disruption.
8 Your Answer Improvement
1
7
2 Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede
4 Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede
6
8 Question What is required to facilitate logistics process of quickly moving
1 material on numerous work stations on the production line?
2 Correct Answer Clean & well organized environment
3 Your Answer Good material movement system
4
5 Select The Blank
6 Question Once we have all the information we should be able to ________ in
7 terms of when to place order with suppliers.
8 Correct Answer Calculate
1 Your Answer Prepare
2
7 Your Answer The alternative suppliers
8
2 Question The American National standards which are developed for replacing
3 various sector standards is known as:-
4 Correct Answer ANSI X 12
5 Your Answer ANSI X 12
6
8 Question The implications of introducing consolidation centre were :-
1 Correct Answer How many centers to have? , Location of centres , Size of centres
2 Your Answer Location of centres , Size of centres , To which GM plant centres will
3 send?
4
1 Your Answer Distributor
2
4 Question The term productivity is often ill-defined but basically, it's measurement
5 is that of a prescribed output to the resources :-
6 Correct Answer Consumed
7 Your Answer Used
8
5
6 True/False
7 Question The estimate is that the 3 PL industry will quadruple its size in next five
8 years.
2 Your Answer False
3
5 Question In the current business scenario Indian organisations require to
6 improve customer service to become perfect in :-
7 Correct Answer Customer centric process
8 Your Answer Business Analysis
1
2 True/False
3 Question In an ideal world we would like a forecasting method for which all
4 errors are near zero.
6 Your Answer True
7
8 Select The Blank
1 Question Simple method for Time series forecasting is to take a ________
2 Average.
3 Correct Answer Moving
4 Your Answer Non Weighted Moving
5
7 Question The globalization has forced local companies to improve following:-
8 Correct Answer Manufacturing Practices , Supply Chain Management , Inventory
1 Levels and Distribution Capabilities
2 Your Answer Distribution Network , Supply Chain Management , Inventory Levels
3 and Distribution Capabilities
4
5 Select The Blank
6 Question According to Ducker, Customer focus oriented logistics must be treated
7 as ________.
1 Your Answer Policy Matter
2
5 60 in week 6 then the requirement of seats are :-
7 Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
8
1 Select The Blank
2 Question The realistic ________ demonstrate the benefits of a holistic view of
3 supply chain information flow.
4 Correct Answer Simulation Model
5 Your Answer Simulation Model
6
7 Select The Blank
8 Question The mode choice aspect of transport decisions are more ________
1 ones, as they are closely linked with inventory decision.
3 Your Answer Locational
4
5 Select The Blank
6 Question From the output by MRP package for chairs in the example, we are
7 advised to place an order for ________ legs in week 2.
8 Correct Answer Overhead
1 Your Answer Overhead
2
3 True/False
4 Question The constraints in multiple equation methods will probably be different
5 for different groups.
7 Your Answer True
8
5 Your Answer Quantity was made by replacing defective component
6
7 Select The Blank
8 Question ________ is activity which is outsourced by most of Indian companies.
1 Correct Answer Warehousing
2 Your Answer Billing
3
5 Question What are the prerequisites for change while Switching over to SCM?
6 Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
7 Your Answer Shared Vision , Capacity for Change , Outbound Training
8
1 Select The Blank
2 Question Kanban process ________ focuses on the human factors of
3 production.
5 Your Answer Indirectly
6
7 True/False
8 Question It would be impossible to find the minimum cost solution manually.
2 Your Answer False
3
4 True/False
5 Question All forecasting methods require complex calculations and therefore are
6 ideally suited to be done by a computer.
8 Your Answer True
1
3 Question In SCM metrics, Training means :-
4 Correct Answer Inhouse training , APICS Membership , Certification Training
5 Your Answer Inhouse training , APICS Membership , Certification Training
6
7 True/False
8 Question Incoming inventory is the receiving of the items, as a result of buying in
1 from external or internal suppliers
3 Your Answer True
4
7 60 in week 6 then the requirement of backs are :-
1 Your Answer 60 in week 4
2
3 Select The Blank
4 Question If demand is known & steady, then ________ inventory can be
5 estimated.
6 Correct Answer Average
7 Your Answer Final
8
1 True/False
2 Question By going beyond internal supply chain & including external suppliers
3 and customers does not expose opportunities for improving internal
4 operations.
6 Your Answer True
7
1 Question The competitive priorities in operations strategy are :-
2 Correct Answer Cost , Quality , Time
3 Your Answer Cost , Quality , Time
4
6 Question In both marking stock and order, which cost is incurred?
7 Correct Answer Stock acquisition
8 Your Answer Stock acquisition
1
2 True/False
3 Question Retailers are not interested in low stock run.
5 Your Answer False
6
7 Select The Blank
8 Question ________ is only the management philosophy which helps
1 organisation to move from one step to another.
4
6 Question Realignment of infrastructure includes :-
7 Correct Answer Production & warehouse premises , Production equipment ,
8 Information & IT system
1 Your Answer Production & warehouse premises , Production equipment , Supplies
2
4 Question In Supply Chain Management, the goal is to be able to replace
5 inventory of :-
6 Correct Answer Manufacturers , Suppliers , Customers
7 Your Answer Manufacturers , Suppliers , Distributors
8
3 Correct Answer To provide for cause , To provide for corrective action , To provide for
4 future action
6 corrective action , To provide for future action
7
1 Question The problems faced by the HP DCs due to traditional system were :-
2 Correct Answer Large finished goods inventory , Additional stock to handle all the
4 Your Answer Large finished goods inventory , Additional stock to handle all the
6
7 True/False
8 Question For a fixed time re-order cycle system, the time at risk is re-order lead
1 time plus the re-order cycle time.
3 Your Answer False
4
5 True/False
6 Question There are no international EDI standards. The user organization
7 require to develop it for their operation only.
1 Your Answer False
2
5 information flow, right from raw material to consumption of finished
6 goods but the focus is given to :-
5
3
5 Question The minimum number of products unit in stock at the end of each
6 week corresponds to what type of stock in the case of unforeseen
7 demand?
2
3 True/False
4 Question The marketing effort is somewhat restricted by the necessity to
5 sell leftover products following year.
7 Your Answer True
8
6
4
5 Select The Blank
2
7 Your Answer What products to produce , Which plants to produce them , What
8 products to sell
1
4 the organization?
7
8 Select The Blank
2 proximity and that suppliers are often ________ around the major
3 customers.
6
1 postponement, experiences a radically different picture in their
2 business like :-
3 Correct Answer Demand with little or no uncertainty , Low value of short time to
5 Your Answer Demand with little or no uncertainty , Low value of short time to
7
2 performance?
5
6 Select The Blank
8 strategy.
3
6 business so as to avoid this, which of the following is required?
8 Your Answer FMCG
1
2 True/False
4 measurement.
6 Your Answer True
7
8 True/False
2 enables the factory to be much more responsive, since less
3 supply chain Filtering is taking place.
5 Your Answer True
6
3
1
3 Question It is the requirement of Enriched supply chain players to cope up
4 with :-
7
2 plan for the :-
5
3
5 Question Holding costs are expressed as a % of stock values. What is the
6 percentage?
1
2 True/False
6 Your Answer True
7
8 True/False
3 Your Answer False
4
5 Select The Blank
2
3 Select The Blank
7
8 Select The Blank
5
6 True/False
2 Your Answer True
3
4 True/False
7 Your Answer True
8
5
6 True/False
1 Your Answer True
2
3 Select The Blank
7
4
5 True/False
1 Your Answer True
2
3 Select The Blank
8
1 Select The Blank
6
2 Inventory is Zero
5
4
7 reduce their :-
2
3 Select The Blank
5 planning period.
8
4 Projected sales
6 Projected sales
7
4 their Knowledge
5
3
6 ordered is :-
8 Your Answer 150
1
7
8 True/False
4 Your Answer True
5
3
1
2 True/False
4 smoothing.
6 Your Answer True
7
8 Select The Blank
2 item.
5
6 Select The Blank
4
5 True/False
8 Your Answer True
1
7
5
6 True/False
2 Your Answer True
3
1
8
1 Select The Blank
6
7 True/False
1 making purpose.
3 Your Answer False
4
7 factors like :-
3
8 Your Answer 1980
1
7
5
3
4 Select The Blank
8
6
4
8 shipment
3
5 Question What is the meaning of EDIFACT ?
6 Correct Answer Electronic Data Interchanged for Administration , Commerce &
7 Transport
8 Your Answer Electronic Data Interchanged for Administration , Corporate
1 Technology
2
3 True/False
4 Question The total cost in minimal cost
5 strategy is £ 63400.
7 Your Answer True
8
2 Question As per the cost information, the
3 lot for lot rule can be derived for
4 which particular item?
5 Correct Answer Least costly
6 Your Answer Economic one
7
8 Select The Blank
1 Question All of the product, process &
2 infrastructure changes ________
3 will have an impact on the
4 knowledge & skills the
5 employees will need to posses.
7 Your Answer Detailed
8
1 True/False
2 Question Inventory Turns means turns
3 over per year for inventory
4 procurement.
6 Your Answer True
7
8 True/False
1 Question A two bin system is not
2 appropriate with many stock
3 items.
5 Your Answer True
6
8 Question Key indicators on which
1 Japanese concentrate their
2 efforts on continuous
3 improvement Kaizen are :-
4 Correct Answer Quality , Price , Delivery
5 Your Answer Quality , Price , Delivery
6
1 Correct Answer Short Term , Medium Term ,
2 Long Term
3 Your Answer Short Term , Medium Term ,
4 Long Term
5
6 True/False
7 Question ODETTE is not applicable for
8 automobile industry.
2 Your Answer False
3
5 Question The location decision in supply
6 chain entities are concerned
7 with:-
8 Correct Answer Plants
1 Your Answer Transportation
2
4 Question An example of multiple equation
5 method given in an economic
6 model is the treasury model of
7 which economy?
8 Correct Answer UK
1 Your Answer UK
2
3 True/False
4 Question For a fixed time re-order cycle
5 system, the time at risk is reorder
6 lead time plus the re-order
7 cycle time.
1 Your Answer True
2
3 True/False
4 Question By going beyond internal supply
5 chain & including external
6 suppliers and customers does
7 not expose opportunities for
8 improving internal operations.
2 Your Answer False
3
4 Select The Blank
5 Question One of the ideas behind JIT is to
6 reduce fixed setup cost &
7 variable holding cost to
8 ________ total cost
2 Your Answer Reduce
3
5 Question In 1996, the purchase of logistics
6 services by 3PL on behalf of their
7 client in billion dollars was :-
8 Correct Answer 25
1 Your Answer 25
2
4 Question Implementing JIT system is a
5 task that can't be undertaken
6 lightly, it will be expensive in
7 terms of :-
8 Correct Answer Management & effort , Initial
3 Your Answer Management & effort , Initial
6
8 Question The changes to be made in
1 supply chain due to problem of
3 Correct Answer Speed it up , Restructure it ,
5 Your Answer Speed it up , Restructure it ,
7
8 Select The Blank
1 Question The third party providers who can
2 ________ the need of transition
3 from their focus on product
4 oriented services to new
5 strategies like long term business
6 partnerships will most likely enjoy
7 long term success.
8 Correct Answer Meet
1 Your Answer Arrange
2
3 True/False
4 Question In practice, the data items for
5 MPS will have normally same
6 value in each week.
8 Your Answer True
1
2 Select The Blank
3 Question The overtime cost per hour is
4 ________ in minimal cost
5 strategy.
7 Your Answer £ 25
8
2 Question The levels at which long term
3 decisions are made is :-
x
x True/False
x Question MRP package can be used to
x examine, meeting the
x predetermined production
x schedule for chairs.
x Correct Answer True
x Your Answer True
x
x Multiple Choice Single Answer
x Question What is Supply Chain?
x Correct Answer Network of Facility & Distribution
x Your Answer Network of Facility & Distribution
x
x Multiple Choice Multiple Answer
x Question Following are the parameters of
x Transportation Metrics :-
x Correct Answer Transit time , Outbound Freight
x cost , Freight Cost per unit
x shipped
x Your Answer Transit time , Outbound Freight
x cost , Freight Cost per unit
x shipped
x
x Question Marketing, Distribution, planning
x and Manufacturing along the
x supply chain operate :-
x Correct Answer Independently
x Your Answer Independently
x
x Question In the supply chain , Material
x flows :-
x Correct Answer Downstream
x Your Answer Downstream
x
x Question The MRP output consists of :-
x Correct Answer Scheduled receipt , Projected net
x required , Planned order Release
x , Projected sales
x Your Answer Scheduled receipt , Projected net
x required , Planned order Release
x , Projected sales
x
x Question Risk a stock out can be faced
x because of :-
x Correct Answer Delay in resupply , Higher than
x anticipated usage , Unpredictable
x demand
x Your Answer Delay in resupply , Higher than
x anticipated usage , Unpredictable
x demand
x
x Select The Blank
x Question The cheapest solution is to
x simply ________ backorders to
x built up over the planning period.
x Correct Answer Allow
x Your Answer Let
x
x Question In the field of IT enabled Supply
x Chain, "TPS" means:-
x Correct Answer Transaction Processing system
x Your Answer Transaction Processing system
x
x Question How does aggregate plan
x created by master production
x schedule become extremely
x detailed plan?
x Correct Answer MRP translates it
x Your Answer MRP translates it
x
x Question In the Japanese concept of total
x productivity, for output they
x embrace :-
x Correct Answer Quantity , Quality , Delivery
x Your Answer Quantity , Quality , Delivery
x
x Select The Blank
x Question By being able to postpone the
x production to the point where
x ________ is better known, the
x company can greatly improve its
x forecasting abilities.
x Correct Answer Demand
x Your Answer Needs
x
x Select The Blank
x Question Category C items are relatively
x unimportant inventory items &
x are responsible for ________%
x of inventory cost.
x Correct Answer 5
x Your Answer 5
x
x Question The inventory control systems
x are :-
x Correct Answer Two bin , Re-order cycle , Annual
x demand
x Your Answer Two bin , Re-order cycle ,
x Monthly demand
x
x Question How many levels the supply
x chain management is divided into
x ?
x Correct Answer Three
x Your Answer Three
x
x Select The Blank
x Question ________ is only the
x management philosophy which
x helps organisation to move from
x one step to another.
x Correct Answer Benchmarking
x Your Answer Benchmarking
x
x True/False
x Question General Co-ordination is the
x integration of different function,
x i.e. production planning,
x purchasing, sales and
x distribution.
x Your Answer False
x
x Question Which is the tool Available with
x the industry to learn the business
x outside to plan the policy for
x success?
x Your Answer TQM
x
x Question In the Supply Chain approach the
x example for the Individual set of
x Business activities is the :-
x Correct Answer Logistics Activities
x Your Answer Logistics Activities
x
x Question The co-ordination between
x various players in the supply
x chain is the key for the effective
x :-
x Correct Answer Management
x Your Answer Operation
x
x Question While still maintaining high
x service level, the objective of
x supply chain manager for
x inventory is to :-
x Correct Answer Decrease it
x Your Answer Make Zero
x
x Question Spares stationery, consumable
x etc. are what type of inventory for
x the organization?
x Correct Answer Common
x Your Answer Common
x
x Select The Blank
x Question ODETTE an EDI Format is
x developed & used by
x ________motor Industry.
x Correct Answer European
x Your Answer European
x
x True/False
x Question The measures suggested by
x Balloy have limited application,
x mainly at the strategic rather that
x operational level.
x Correct Answer False
x Your Answer False
x
x Question The factors likely to generate
x future business are :-
x Correct Answer Integrated Logistics Function ,
x Expertise In Information System
x Your Answer Integrated Logistics Function ,
x Expertise In Information System ,
x Specialized Logistics Function
x
x Select The Blank
x Question Suppliers are ________ to JIT business.
x Correct Answer Crucial
x Your Answer Necessary
x
x Question Following are some of the tools for Supply Chain Measurement :-
x Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
x Replenishment Cycle Time
x Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory
x Replenishment Cycle Time
x
x Question The result of all the factors is that there is not a single
x integrated plan for the :-
x Correct Answer Organisation
x Your Answer Supply Chain Management
x
x Select The Blank
x Question Customer order promised cycle time is gap between the purchase order
x creation and ________.
x Correct Answer Requested delivery date
x Your Answer Requested delivery date
x
x Question Following are the parameters of Transportation Metrics :-
x Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit
x shipped
x Your Answer Transit time , Outbound Freight cost , Freight Cost per unit
x shipped
x
x True/False
x Question The effect of buying discount / price breaks does need to be
x calculated additionally.
x Your Answer True
x
x True/False
x Question The advantage of using moving average for forecasting is that in
x calculating the average all the observations are given equal weightage.
x Your Answer True
x
x True/False
x Question Inventory Turns means turns over per year for inventory procurement.
x Your Answer True
x
x Question What are the major steps in cycle counting?
x Correct Answer Cycle counting , Control group cycle counting , Random cycle
x counting
x Your Answer Control group cycle counting , Random cycle counting
x
x Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intende
x Correct Answer Chain wide Management
x Your Answer Chain wide Management
x
x Question The co-ordination between various players in the supply chain is the key for the effective :-
x Your Answer Management
x
x Question Within the production field, which process is the most significant of the following?
x Correct Answer Kanban
x Your Answer Kanban
x
x True/False
x Question Customer satisfaction through quality must be balanced against environmental impact & strain on the wor
x Your Answer True
x
x Select The Blank
x Question We have criteria for ________ forecasts, however generalized they are.
x Correct Answer Distinguishing
x Your Answer Comparing
x
x Select The Blank
x Question According the example, for minimal cost, the number of initial workers considered is ________
x Correct Answer 10
x Your Answer 9
x
x Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on In
x Correct Answer It will be optimized
x Your Answer It will be reduced
x
x Question By not ordering chairs, we reach a stock out by which week in the example given?
x Correct Answer 5
x Your Answer 6
x
x Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :-
x Correct Answer Pyramid
x Your Answer Pyramid
x
x Question In a traditional informational pipeline supply chain player always received order information from :-
x Correct Answer Consumer
x Your Answer Consumer
x
x Question Kanban is :-
x Correct Answer A signal or message of communication , Used to control the flow of item through the production pro
x Your Answer A signal or message of communication , Used to control the flow of item through the production proce
x
x True/False
x Question The total cost in minimal cost strategy is £ 63400.
x Your Answer True
x
x Select The Blank
x Question ________ is only the management philosophy which helps organization to move from one step to anothe
x Your Answer Benchmarking
x
x Question In which technique when applied to the use of numbers in forecasting, vary from high to low?
x Correct Answer Qualitative
x Your Answer Qualitative
x
x Question In the Japanese concept of total productivity, for output they embrace :-
x Correct Answer Quantity , Quality , Delivery
x Your Answer Quality , Delivery , Facilities
x
x Question If the material requirement plan is accurate, then it results in better management of :-
x Correct Answer Cash flow
x Your Answer Production
x
x Select The Blank
x Question Kanban process ________ focuses on the human factors of production.
x Correct Answer Indirectly
x Your Answer Directly
x
x Question The majority of companies said that using 3 PL services had positive effect on :-
x Correct Answer Logistic Cost , Customer satisfaction
x Your Answer Logistic Cost , Customer satisfaction , Employee Morale
x
x Question What affects the forecasting of performance levels?
x Correct Answer Changing environment
x Your Answer Foreseen events
x
x Select The Blank
x Question One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to ________ total cost
x Correct Answer Drive down
x Your Answer Minimise
x
x True/False
x Question Distribution & Warehousing comes under supply chain measurement.
x Your Answer True
x
x Question The SCM key metrics should be closely aligned to the company's strategic objectives. In this measureme
x Correct Answer Internal Business , Training , Customer
x Your Answer Internal Business , Training , Customer
x
x True/False
x Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, bu
x Your Answer False
x
x Question The changes to be made in supply chain due to problem of longer lead time is:-
x Correct Answer Speed it up , Restructure it , Change co-ordination
x Your Answer Speed it up , Restructure it , Change co-ordination
x
x Select The Blank
x Question According to Ducker, Customer focus oriented logistics must be treated as ________.
x Correct Answer Cost saving centre
x Your Answer Cost saving centre
x
x Question The strategic decision in supply chain includes :-
x Correct Answer What products to produce , Which plants to produce them ,
x Allocation of Suppliers to plants
x Your Answer What products to produce , Which plants to produce them ,
x
x True/False
x Question The economic order quantity is the order quantity that minimizes total cost.
x Your Answer True
x
x True/False
x Question Backorder means an unfilled customer order.
x Your Answer False
x
x Select The Blank
x Question For the good result, supply chain require to be very ________.
x Correct Answer Transparent
x Your Answer Transparent
x
x Select The Blank
x Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate.
x Correct Answer Reasonably
x Your Answer Completely
x
x Question The most relevant measures for capital input is that of :-
x Correct Answer Replacement cost
x Your Answer Market value
x
x Question The mechanism by which material and information flows through supply chain, is known as :-
x Correct Answer Pipeline
x Your Answer Chainline
x
x Question Fixed quantity systems :-
x Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to
x Your Answer Are easy to manage , Can cope well with demand variability ,Facilitate lower stocks
x
x Question The media for EDI communication are :-
x Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link
x Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
x
x Question In the single product example defined for planning into periods, some of the options are :-
x Correct Answer Regular time , Hire employees , Fire employees
x Your Answer Regular time , Hire employees , Fire employees
x
x True/False
x Question The key point about structural information is that it changes relatively infrequently.
x Your Answer True
x
x Question Following results are possible only & only if organisation goes for Supply chain
x Priorities:-
x Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery
x Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
x
x Question Product lines with highly customized end product find it difficult to forecast on product
x basis :-
x Correct Answer The demand
x Your Answer The demand
x
x Question The supply chain management is compared by " Cooper and Ellram" with :-
x Correct Answer Relay Team
x Your Answer Relay Team
x
x True/False
x Question All forecasting methods require complex calculations and therefore are ideally suited to
x be done by a computer.
x Your Answer True
x
x True/False
x Question The measures suggested by Balloy have limited application, mainly at the strategic
x rather that operational level.
x Your Answer False
x
x Question Which is the system in which production is demand driven, coordinated with actual
x customer demand?
x Correct Answer Pull Base System
x Your Answer Push Base system
x
x Select The Blank
x Question BOM can have ________ levels.
x Correct Answer Many
x Your Answer Two
x
x Question Different machines were clustered together to eliminate :
x Correct Answer Transportation of item
x Your Answer Transportation of item
x
x Question How many levels the supply chain management is divided into ?
x Your Answer Three
x
x True/False
x Question Warehousing & Transportation are not at all related activity in SCM.
x Your Answer False
x
x Select The Blank
x Question In the MRP package referred in the example, the entry of capacity data is to see if we
x are________ production capacity.
x Correct Answer Exceeding
x Your Answer Not meeting
x
x Question Both the ordering system fixed quantity at variable times and variable quantity at fixed
x times has implications for :-
x Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable
x supply
x Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable
x supply
x
x Question The levels at which long term decisions are made is :-
x Correct Answer Strategic
x Your Answer Tactical
x
x Question The Gap between purchase order creation date and requested delivery date is known as :-
x Correct Answer Customer Order promised cycle time
x Your Answer Customer Order promised cycle time
x
x Select The Blank
x Question One of the factors behind Japanese success story as geographic proximity and that
x suppliers are often ________ around the major customers.
x Correct Answer Clustered
x Your Answer Clustered
x
x Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in
x terms of :-
x Correct Answer Management & effort , Initial implementation , The continuing effort to run the
x system
x Your Answer Management & effort , Initial implementation , The continuing effort to run the
x system
x
x Question Outsourcing to 3PL companies to world class standards allow the company to realize
x their anticipated benefits:-
x Correct Answer Immediately
x Your Answer Immediately
x
x True/False
x Question A two bin system is not appropriate with many stock items.
x Your Answer False
x
x Question To provide an adequate support what will be need to do with information system?
x Correct Answer Major overhaul
x Your Answer Major overhaul
x
x Question The Technical Aspects of EDI agreement are :-
x Correct Answer coding system , The EDI that is to be employed , The Network that is to be used
x Your Answer The EDI that is to be employed , The Network that is to be used , coding system
x
x Question The Data required for the IT application in the field of SCM is mainly based on:-
x Correct Answer Decision Making
x Your Answer Data Structure
x
x True/False
x Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is
x require to get involved for the success.
x Your Answer True
x
x True/False
x Question BOM is best thought of as divided interval levels.
x Your Answer True
x
x Question How does aggregate plan created by master production schedule become extremely
x detailed plan?
x
x Question If we take chair figures from MPS as chair requirement and to meet those requirements,
x the package will produced a detailed production plan for :-
x Correct Answer Seats , Backs , Legs
x Your Answer Seats , Backs , Legs
x
x Question Spares stationery, consumable etc. are what type of inventory for the organization?
x
x Question The category of forecasting are :-
x Correct Answer Short Term , Medium Term , Long Term
x Your Answer Short Term , Medium Term , Long Term
x
x True/False
x Question The globalization of supply chain does not change the requirement within supply chain
x management.
x Your Answer False
x
x Question The treasury equation refers to predict customer spending will look at the factors like :-
x Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
x Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
x
x True/False
x Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels.
x Your Answer True
x
x Question When conformance is not achieved, what is the role of cycle counting?
x Correct Answer To provide for cause , To provide for corrective action , To provide for future
x action
x Your Answer Measure the level of conformance to expectable , To provide for cause , To provide
x for corrective action
x
x Question Companies that would obviously gain very little from postponement, experiences a
x radically different picture in their business like :-
x Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low
x product proliferation
x Your Answer Low value of short time to market , Low product proliferation , Medium inventory
x value
x
x Select The Blank
x Question A further development of ________ performance measures is that a matrix of indicators
x can be formulated to relate main process of Logistics to the major long term goals.
x Correct Answer Logistics
x Your Answer Distribution
x
x True/False
x Question Logistics covers 90% cost of manufacturing.
x Your Answer False
x
x Question In any event, we prefer the forecasting method that gives which type of Average squared
x error?
x Correct Answer Lowest
x Your Answer Zero
x
x Select The Blank
x Question The indirect cost increase has the consequent ________ the infrastructure & resources.
x Correct Answer Impacts on
x Your Answer Effects on
x
x Select The Blank
x Question World class Logistics study is published in the year ________.
x Correct Answer 1995
x Your Answer 1996
x
x Select The Blank
x Question In re-order level approach average stock levels stay more or ________ the same and are
x Less responsive to change in demand.
x Correct Answer Less
x Your Answer Less
x
x Question The operational perspective in management of inventory level are :-
x Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order
x Quantity
x Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production
x levels
x
x Question The data content & floors of stock record systems are needed by which methods?
x Correct Answer Just in time
x Your Answer Just in time
x
x True/False
x Question In order to meet the guarantee to customer for shipment of notebook PC on same day as
x receipt of order, the company has to maintain significant amount of inventory.
x Your Answer True
x
x Question JIT philosophy has following features :-
x Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
x reduced , Continuous improvement always striving to improve
x Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
x reduced , Continuous improvement always striving to improve
x
x Select The Blank
x Question The strength of postponement lies in its wide ________ as speed becomes more
x important capability.
x Correct Answer Applicability
x Your Answer Applicability
x
x Select The Blank
x Question Japanese logistics performance and its ________ are paramount priorities in their
x business environment.
x Correct Answer Effectiveness
x Your Answer Effectiveness
x
x Select The Blank
x Question Suppliers agree to give customer ________ plans to cope with disruption.
x Correct Answer Contingency
x Your Answer Contingency
x
x Select The Blank
x Question The fire in 1997 forced Toyoto to embark upon review of
x ________ that were sourced from single supplier.
x Correct Answer Components
x Your Answer Raw Materials
x
x Question The cycle time measured from the firm plan order until final
x production is reported, is known as :-
x Correct Answer Manufacturing Cycle Time
x Your Answer Manufacturing Cycle Time
x
x Select The Blank
x Question The geographic placement of production facility, stocking
x points & sourcing is the ________ step in creating supply
x chain.
x Correct Answer First
x Your Answer First
x
x True/False
x Question Regardless of how inventory movement is accounted for, it
x must be done correctly if accurate inventory records are to be
x achieved.
x Your Answer True
x
x Select The Blank
x Question The basic operators framework ________ that there is a link
x between capabilities & strategy on one hand & capabilities &
x resources & infrastructure on the other hand.
x Correct Answer Implies
x Your Answer Implies
x
x Question The SCM key metrics should be closely aligned to the
x company's strategic objectives. In this measurements usually
x covers :-
x Correct Answer Internal Business , Training , Customer
x Your Answer Internal Business , Training , Customer
x
x Question The changes to be made in supply chain due to problem of
x longer lead time is:-
x Correct Answer Speed it up , Restructure it , Change co-ordination
x Your Answer Speed it up , Restructure it , Change co-ordination
x
x True/False
x Question JIT need to be applied to all stages of process.
x Your Answer True
x
x Select The Blank
x Question Outsourcing is not without risks, in fact the benefits are
x ________ more transparent with risks Often being hidden
x initially.
x Correct Answer Often
x Your Answer Mostly
x
x Select The Blank
x Question The multi plant co-ordination is to coordinate the ________
x plans of several plants.
x Correct Answer Production
x
x Select The Blank
x Question The real benefits of Kanban will not be ________ until the
x auto-industry moves into a mixed production.
x Correct Answer Realized
x Your Answer Utilized
x
x True/False
x Question Defects per million opportunities(DPMO) is concept of Four
x Sigma.
x Your Answer True
x
x True/False
x Question The economic order quantity is the order quantity that
x minimizes total cost.
x Your Answer True
x
x Question EDI agreement Legal Aspects covers :-
x Correct Answer Internet cyber law , Time that message will be retained ,
x Procedure for settling any dispute
x Your Answer Time that message will be retained , Procedure for settling
x any dispute , Legal Jurisdiction for settling dispute
x
x True/False
x Question There may be a temptation to dismiss the Kaizen concept
x particularly suited to Japanese mentality.
x Your Answer True
x
x Question How many levels the supply chain management is divided
x into ?
x Your Answer Four
x
x True/False
x Question If the supply chain do not track uncertainties than it leads to
x non optimal stocking levels.
x Your Answer True
x
x Select The Blank
x Question The enrichment mechanism is an ________ point of sales
x link.
x Correct Answer Electronic
x Your Answer Critical
x
x
x Your Answer Network of Facility & Distribution
x
x Question Marketing, Distribution, planning and Manufacturing along the
x supply chain operate :-
x Correct Answer Independently
x Your Answer Independently
x
x Question The supply chain management is compared by " Cooper and
x Ellram" with :-
x Your Answer Long Distance Runner
x
x Question Industrial Re-engineering concepts encourage :-
x Correct Answer Modular Organization of work , Multi-skilling , On the job
x training procedures
x Your Answer Modular Organization of work , Multi-skilling , Minimum level
x of quality to satisfy customers
x
x Question While still maintaining high service level, the objective of
x supply chain manager for inventory is to :-
x Correct Answer Decrease it
x Your Answer Decrease it
x
x Question The minimum number of products unit in stock at the end of
x each week corresponds to what type of stock in the case of
x unforeseen demand?
x Correct Answer Safety
x Your Answer Safety
x
x True/False
x Question The marketing effort is somewhat restricted by the necessity
x to sell leftover products following year.
x Your Answer True
x
x Question To provide an adequate support what will be need to do with
x information system?
x
x Question The various basic logistics productivity ratios can be used to
x control elements such as :-
x Correct Answer Warehousing , Transportation , Customer Service
x Your Answer Warehousing , Transportation , Customer Service
x
x Select The Blank
x Question Paper or computer records require time to check ________
x against recorder level.
x Correct Answer Stock
x Your Answer Availability
x
x Question The strategic decision in supply chain includes :-
x Correct Answer What products to produce , Which plants to produce them ,
x Your Answer What products to produce , Which plants to produce them ,
x What products to sell
x
x Question Spares stationery, consumable etc. are what type of
x inventory for the organization?
x
x Select The Blank
x Question One of the factors behind Japanese success story as
x geographic proximity and that suppliers are often ________
x around the major customers.
x Your Answer Scattered
x
x Question Companies that would obviously gain very little from
x postponement, experiences a radically different picture in
x their business like :-
x Correct Answer Demand with little or no uncertainty , Low value of short
x time
x to market , Low product proliferation
x Your Answer Demand with little or no uncertainty , Low value of short time
x to market , Low product proliferation
x
x Question What is the advantage of IT for monitoring the supply chain
x performance?
x Correct Answer Statistics is generated
x Your Answer Statistics is generated
x
x Select The Blank
x Question The hiring cost of one employee is ________ in minimal cost
x strategy.
x Correct Answer £ 500
x Your Answer £ 475
x
x Question Inadequate & excess inventory both are revenue losses for a
x business so as to avoid this, which of the following is
x required?
x Correct Answer TQM & JIT
x Your Answer FMCG
x
x True/False
x Question Distribution & Warehousing comes under supply chain
x measurement.
x Your Answer True
x
x True/False
x Question The enriching the order decisions with market place
x information enables the factory to be much more responsive,
x since less supply chain Filtering is taking place.
x Your Answer True
x
x Question Which of the following are the modes of transport?
x Correct Answer Rail , Ocean , Air
x Your Answer Rail , Ocean , Air
x
x Question The co-ordination between various players in the supply
x chain is the key for the effective :-
x
x Question It is the requirement of Enriched supply chain players to cope
x up with :-
x Correct Answer Rapidly changing order rates
x Your Answer Inventory control
x
x Question The result of all the factors is that there is not a single
x integrated plan for the :-
x Correct Answer Organisation
x Your Answer Supply Chain Management
x
x Question In management, construction of a strategic framework for
x productivity and performance analysis is required for :-
x Correct Answer Logistics management
x Your Answer Logistics management
x
x Question Holding costs are expressed as a % of stock values. What is
x the percentage?
x Correct Answer 15% - 30%
x Your Answer 20% - 30%
x
x True/False
x Question The measures suggested by Balloy have limited application,
x mainly at the strategic rather that operational level.
x Your Answer True
x
x Question The starting point for any logistics, strategy must be through understanding of the requirement of :-
x Correct Answer Customer
x
x Question Almost 50% of Indian industries are using which of the following concepts?
x Correct Answer TQM
x Your Answer ERP
x
x Question JIT is :-
x Correct Answer Top Down system , Centrally organized , Imposed production system
x Your Answer Top Down system , Centrally organized , Implement procurement system
x
x Question Following results are possible only & only if organisation goes for Supply chain Priorities:-
x Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue
x Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
x
x Question Products, with highly unpredictable levels of demand, high criticality, must hold high levels of stock and th
x Correct Answer Delivery , Lead time , Demand Fluctuation
x Your Answer Delivery , Lead time , Demand Fluctuation
x
x Your Answer Strategic
x
x True/False
x Question In SCM concept, there is no requirement of comparing factory responses to market place set up input.
x Your Answer True
x
x True/False
x Question All movements throughout the factory is controlled by Kanbans, and since the Kanbans specify item prec
x Your Answer True
x
x Question Most computer peripheral manufacturers have built one plant for major market places like:-
x Correct Answer America , Asia , Europe
x Your Answer America , Asia , Europe
x
x Select The Blank
x Question The primary purpose of inventory is to ________ against any uncertainty that might exist in supply chain.
x Correct Answer Buffer
x Your Answer Buffer
x
x True/False
x Question JIT/TQM are the tools for SCM.
x Your Answer True
x
x True/False
x Question In industries where it is particularly difficult to match supply can benefit the most from implementing a pos
x Your Answer True
x
x True/False
x Question Postponement does guarantee win win situation under all circumstance in spite of cost involved.
x Your Answer True
x
x True/False
x Question Backorder means an unfilled customer order.
x Your Answer True
x
x Question The information Enriched simulation Model is based on :-
x Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
x Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model
x
x Select The Blank
x Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ produ
x
x Question How does aggregate plan created by master production schedule become extremely detailed plan?
x
x Your Answer Three
x
x Select The Blank
x Question The geographic placement of production facility, stocking points & sourcing is the ________ step in creat
x Correct Answer First
x Your Answer Fifth
x
x Select The Blank
x Question The integration will make each unit of organization understand how the action will impact other parts of &
x Correct Answer Optimize
x Your Answer Satisfy
x
x Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :-
x Correct Answer Management & effort , Initial implementation , The continuing effort to run the system
x Your Answer Management & effort , Initial implementation , The continuing effort to run the system
x
x Select The Blank
x Question BOMs are structural ________ that changes relatively infrequently.
x Correct Answer Information
x Your Answer Items
x
x Select The Blank
x Question The models that describe operational decisions are often very ________ in nature.
x Correct Answer Specific
x Your Answer Specific
x
x Your Answer Network of Intermediate and Finished products
x
x True/False
x Question Regardless of how inventory movement is accounted for, it must be done correctly if accurate inventory re
x Your Answer True
x
x Select The Blank
x Question Paper or computer records require time to check ________ against recorder level.
x Correct Answer Stock
x Your Answer Inventory
x
x Question The location decision in supply chain entities are concerned with:-
x Correct Answer Plants
x Your Answer Inventories
x
x Question An example of multiple equation method given in an economic model is the treasury model of which econ
x Correct Answer UK
x Your Answer US
x
x Select The Blank
x Question The recent development within information technology and
x software Engineering gives ________ opportunity for Integration and Co-ordination.
x Correct Answer Unprecedented
x Your Answer Unbelievable
x
x Question Order cost is derived from the number of order placed multiplied by the cost of:-
x Correct Answer Placing an order
x Your Answer Placing an order
x
x Question In master production schedule, the aim of any organization is to have fixed period as possible to have ma
x Correct Answer Production
x
x Question While making back order as zero, the default data considered are :-
x Correct Answer Full Regular Time capacity , No over time Planning , No Subcontracting
x Your Answer Full Regular Time capacity , No Subcontracting , No Machine Addition.
x
x Select The Blank
x Question As compared to minimal cost strategy the level strategy is
x ________.
x Correct Answer Cheaper
x Your Answer Cheaper
x
x
x True/False
x Your Answer True
x
x Select The Blank
x Question The overtime cost per hour is ________ in minimal cost strategy.
x Correct Answer £ 25
x Your Answer £ 25
x
x Question The inventory control systems are :-
x Correct Answer Two bin , Re-order cycle , Annual demand
x Your Answer Two bin , Re-order cycle , Monthly demand
x
x True/False
x Question The key point about structural information is that it changes
x relatively infrequently.
x Your Answer True
x
x Select The Blank
x Question Kanban is not a magic bullet, it is rather an organizational shift towards ________ of responsibility.
x Correct Answer Decentralization
x Your Answer Delegation
x
x Question In 1990, General Motor had approximately :-
x Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment
x Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment
x
x Select The Blank
x Question According to Ducker, Customer focus oriented logistics must be treated as ________.
x Correct Answer Cost saving centre
x Your Answer Cost saving centre
x
x True/False
x Question JIT need to be applied to all stages of process.
x Your Answer True
x
x Question Master production schedule helps to improve the performance of the value flow across the :-
x Correct Answer Supply chain
x Your Answer Supply chain
x
x Question The data entered for the problem scenario are :-
x Correct Answer Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Pro
x Your Answer Capacity Unit of Planning Resourcing , Capacity Requirement per Product , Total Number of Planning
x
x Select The Blank
x Question Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________ sourcing initiativ
x Correct Answer partnership
x Your Answer partnership
x
x Question Following results are possible only & only if organisation goes for Supply chain Priorities:-
x Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery
x Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
x
x Question Product lines with highly customized end product find it difficult to forecast on product basis :-
x Correct Answer The demand
x Your Answer The demand
x
x Question The supply chain management is compared by " Cooper and Ellram" with :-
x Your Answer Relay Team
x
x True/False
x Question All forecasting methods require complex calculations and therefore are ideally suited to be done
x Your Answer True
x
x True/False
x Question The measures suggested by Balloy have limited application, mainly at the strategic rather that op
x Your Answer False
x
x Question Which is the system in which production is demand driven, coordinated with actual customer dem
x Correct Answer Pull Base System
x Your Answer Push Base system
x
x Select The Blank
x Question BOM can have ________ levels.
x Correct Answer Many
x Your Answer Two
x
x Question Different machines were clustered together to eliminate :
x Correct Answer Transportation of item
x Your Answer Transportation of item
x
x Your Answer Three
x
x True/False
x Question Warehousing & Transportation are not at all related activity in SCM.
x Your Answer False
x
x Select The Blank
x Question In the MRP package referred in the example, the entry of capacity data is to see if we are________
x
x Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has
x Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply
x Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply
x
x Your Answer Tactical
x
x Question The Gap between purchase order creation date and requested delivery date is known as :-
x Correct Answer Customer Order promised cycle time
x Your Answer Customer Order promised cycle time
x
x Select The Blank
x Question One of the factors behind Japanese success story as geographic proximity and that suppliers are
x Your Answer Clustered
x
x Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of
x Correct Answer Management & effort , Initial implementation , The continuing effort to run the system
x Your Answer Management & effort , Initial implementation , The continuing effort to run the system
x
x Question Outsourcing to 3PL companies to world class standards allow the company to realize their antici
x Correct Answer Immediately
x Your Answer Immediately
x
x True/False
x Your Answer False
x
x Question To provide an adequate support what will be need to do with information system?
x
x Question The Technical Aspects of EDI agreement are :-
x Correct Answer coding system , The EDI that is to be employed , The Network that is to be used
x Your Answer The EDI that is to be employed , The Network that is to be used , coding system
x
x Question The Data required for the IT application in the field of SCM is mainly based on:-
x Correct Answer Decision Making
x Your Answer Data Structure
x
x True/False
x Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is require to ge
x Your Answer True
x
x True/False
x Question BOM is best thought of as divided interval levels.
x Your Answer True
x
x Question How does aggregate plan created by master production schedule become extremely detailed plan
x
x Question If we take chair figures from MPS as chair requirement and to meet those requirements, the packa
x Correct Answer Seats , Backs , Legs
x Your Answer Seats , Backs , Legs
x
x Question Spares stationery, consumable etc. are what type of inventory for the organization?
x
x
x True/False
x Question The globalization of supply chain does not change the requirement within supply chain managem
x Your Answer False
x
x Question The treasury equation refers to predict customer spending will look at the factors like :-
x Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
x Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
x
x True/False
x Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels.
x Your Answer True
x
x Question When conformance is not achieved, what is the role of cycle counting?
x Correct Answer To provide for cause , To provide for corrective action , To provide for future action
x Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective acti
x
x Question Companies that would obviously gain very little from postponement, experiences a radically diffe
x Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation
x Your Answer Low value of short time to market , Low product proliferation , Medium inventory value
x
x Select The Blank
x Question A further development of ________ performance measures is that a matrix of indicators can be fo
x Correct Answer Logistics
x
x True/False
x Question Logistics covers 90% cost of manufacturing.
x Your Answer False
x
x Question In any event, we prefer the forecasting method that gives which type of Average squared error?
x Correct Answer Lowest
x Your Answer Zero
x
x Select The Blank
x Question The indirect cost increase has the consequent ________ the infrastructure & resources.
x Correct Answer Impacts on
x Your Answer Effects on
x
x Select The Blank
x Question World class Logistics study is published in the year ________.
x Correct Answer 1995
x Your Answer 1996
x
x Select The Blank
x Question In re-order level approach average stock levels stay more or ________ the same and are Less res
x Correct Answer Less
x Your Answer Less
x
x Question The operational perspective in management of inventory level are :-
x Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity
x Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production levels
x
x Question The data content & floors of stock record systems are needed by which methods?
x Correct Answer Just in time
x Your Answer Just in time
x
x True/False
x Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt o
x Your Answer True
x
x Question JIT philosophy has following features :-
x Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuou
x Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous im
x
x Select The Blank
x Question The strength of postponement lies in its wide ________ as speed becomes more important capab
x Correct Answer Applicability
x Your Answer Applicability
x
x Select The Blank
x Question Japanese logistics performance and its ________ are paramount priorities in their business envir
x Correct Answer Effectiveness
x Your Answer Effectiveness
x
x Select The Blank
x Question Suppliers agree to give customer ________ plans to cope with disruption.
x Correct Answer Contingency
x Your Answer Contingency
1
2 True/False
5 Your Answer False
6
7 Select The Blank
8 Question The strength of postponement lies in its wide ________ as speed becomes more important capability.
4
5 Select The Blank
1
2 Select The Blank
3 Question Customer order promised cycle time is gap between the purchase order creation and ________.
7
8 True/False
1 Question There are no international EDI standards. The user organization require to develop it for their operation o
4 Your Answer True
5
6 True/False
1 Your Answer True
2
7
8 True/False
3 Your Answer True
4
5 Select The Blank
1
6
7 True/False
8 Question The corporations production Kanban is the card which regulates the suppliers production kanban.
3 Your Answer True
4
5 Select The Blank
6 Question The exponenti________y smoothed moving average takes into account All of the previous observations.
2
3 Select The Blank
4 Question Periodic stock checks to count the stock physically enable the store to feed in ________ figures to reconc
8
3 Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero
7
1 Question SCM is the management philosophy to deal with integrated material & information flow, right from raw ma
6
1 reduce their :-
4
5 Select The Blank
7 planning period.
2
6 Projected sales
8 Projected sales
1
6 their Knowledge
7
5
8 ordered is :-
2 Your Answer 150
3
1
2 True/False
6 Your Answer True
7
5
3
4 True/False
6 smoothing.
8 Your Answer True
1
2 Select The Blank
4 item.
7
8 Select The Blank
6
7 True/False
2 Your Answer True
3
1
7
8 True/False
4 Your Answer True
5
3
2
3 Select The Blank
8
1 True/False
3 making purpose.
5 Your Answer False
6
1 factors like :-
5
2 Your Answer 1980
3
1
7
5
6 Select The Blank
2
8
6
2 shipment
Requirement per Product
feration , Increasing emphasize placed on speed
romoted as world ADI Standard
be consolidated to secure supplier discounts

be consolidated to secure supplier discounts
romoted as world ADI Standard
Requirement per Product

n machine is short
with the transfer of information
any forms , Belief that ordering / holding cost can be reduced
feration , Increasing emphasize placed on speed

n machine is short
iers to plants
any dispute
n machine is short
ersede X 12 ,
ecast on product
re ideally suited to
at the strategic
ed with actual
ta is to see if we
e quantity at fixed
ed given variable
given variable
ery date is known as :-
ximity and that
will be expensive in
effort to run the
mpany to realize
tion system?
that is to be used
coding system
use, factory is
come extremely
hose requirements,
organization?
ithin supply chain
t the factors like :-
mal stocking levels.
vide for future
cause , To provide
experiences a
o market , Low
dium inventory
matrix of indicators
of Average squared
ucture & resources.
__ the same and are
evel of Order
ting of production
ch methods?
PC on same day as
ng cost can be
cost can be
orities in their
ersede X 12 ,
ersede X 12 ,
particular segment of chain intended to be used for :-
key for the effective :-
ronmental impact & strain on the workforce.

s considered is ________
problems what will be its effect on Inventory Carrying and Ordering cost?
ample given?
rate vision as a :-
ived order information from :-
ow of item through the production process , A push process

of item through the production process , A push process
on to move from one step to another.
g, vary from high to low?

anagement of :-
olding cost to ________ total cost
ategic objectives. In this measurements usually covers :-
any implementing postponement, but affects the other players in the supply chain.
ed as ________.
and data is ________ accurate.
ply chain, is known as :-
, Orders can not be consolidated to secure supplier discounts

ilitate lower stocks
e of the options are :-
infrequently.
ecast on product
re ideally suited to
at the strategic
ed with actual
ta is to see if we
e quantity at fixed
ed given variable
given variable
ery date is known as :-
ximity and that
will be expensive in
effort to run the

mpany to realize
tion system?
that is to be used
coding system
use, factory is
come extremely
hose requirements,
organization?
ithin supply chain
t the factors like :-
mal stocking levels.
vide for future
cause , To provide
experiences a
o market , Low
dium inventory
matrix of indicators
of Average squared
ucture & resources.
__ the same and are
evel of Order
ting of production
ch methods?
PC on same day as
ng cost can be
cost can be
orities in their
anding of the requirement of :-
pply chain Priorities:-
must hold high levels of stock and thereby allowing safety margins for :-
nses to market place set up input.
since the Kanbans specify item precisely, no defects can be tolerated.
or market places like:-
inty that might exist in supply chain.
fit the most from implementing a postpone system.
ce in spite of cost involved.

ta is to see if we are________ production capacity.
come extremely detailed plan?
urcing is the ________ step in creating supply chain.
he action will impact other parts of & enabling it to choose alternative that ________ the organization goal.
will be expensive in terms of :-

effort to run the system
ort to run the system
___ in nature.
done correctly if accurate inventory records are to be achieved.
ecorder level.
is the treasury model of which economy?
fixed period as possible to have market driven :-

ds ________ of responsibility.
per day of shipment

day of shipment
ed as ________.
value flow across the :-

cing , Capacity Requirement per Product
r Product , Total Number of Planning Resources
CBI/DTI ________ sourcing initiative.
for Supply chain Priorities:-
t to forecast on product basis :-
lram" with :-
fore are ideally suited to be done by a computer.
ainly at the strategic rather that operational level.
rdinated with actual customer demand?

ty data is to see if we are________ production capacity.
ariable quantity at fixed times has implications for :-

ed given variable supply
given variable supply
delivery date is known as :-
ic proximity and that suppliers are often ________ around the major customers.
tly, it will be expensive in terms of :-

effort to run the system
ort to run the system
he company to realize their anticipated benefits:-

ormation system?
that is to be used
coding system
ainly based on:-
arehouse, factory is require to get involved for the success.
le become extremely detailed plan?
meet those requirements, the package will produced a detailed production plan for :-
or the organization?
ment within supply chain management.

look at the factors like :-
n optimal stocking levels.
vide for future action

cause , To provide for corrective action
ment, experiences a radically different picture in their business like :-

o market , Low product proliferation
dium inventory value
at a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals.
type of Average squared error?
rastructure & resources.
______ the same and are Less responsive to change in demand.

evel of Order Quantity
ting of production levels
by which methods?
ebook PC on same day as receipt of order, the company has to maintain significant amount of inventory.
ng cost can be reduced , Continuous improvement always striving to improve

cost can be reduced , Continuous improvement always striving to improve
d becomes more important capability.
nt priorities in their business environment.
comes more important capability.

der creation and ________.
uire to develop it for their operation only.
suppliers production kanban.
unt All of the previous observations.
o feed in ________ figures to reconcile physical stock against book stock.

n , Initial Inventory is Zero
& information flow, right from raw material to consumption of finished goods but the focus is given to :-
ersede X 12 ,
term goals.
x Match The Following
x Question
x Correct Answer
x Your Answer
x Capacity Utilization
x This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the a
x It relates with the ability to perform the promised services with dependability and accuracy
x Reliability
x It relates with the ability to perform the promised services with dependability and accuracy
x It relates to willingness to help customer and provide prompt service
x Quality of operation
x This relates to customer requirement & needs being consistently satisfied
x This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the a
x Speed of operation
x This is efficient use of time from order to delivery
x This is related to production requirement and needs to be consistently satisfied
x
x Question
x Correct Answer
x Your Answer
x Seamless SCM
x Towill
x Burbidge
x Value of Information
x Glazer
x Towill
x Filtering
x Del-Vecchio
x Van Amstel
x Industrial dynamics
x Burbidge
x Del-Vecchio
x
x Question
x Correct Answer
x Your Answer
x Analytical Solution
x Is the possibility of using mathematical methods to obtain exact information on question of interest.
x Modeling
x Is the process by which we try to gain the understanding of how the corresponding system behaves.
x Is used to evaluate the impact of information sharing and Co-Ordination.
x Simulation
x Is the tool for understanding issues of organizational decision making.
x System
x Is the facility or process of interest.
x
x Question
x Correct Answer
x Your Answer
x MSE
x Mean Square Error
x Mean Square Error
x MSD
x Mean Absolute deviation
x Mean Absolute deviation
x CFE
x Cumulative forecast error
x Cumulative forecast error
x MAPE
x Mean Absolute Error
x Mean Average Percent error.
x
x Question
x Correct Answer
x Your Answer
x Stock out ratio
x Is comparison of % of demand actually satisfied with the defined service
x Lead time
x Is the time between a replenishment need arising & new deliveries being ready for use
x Inventory service level
x Is % probability of stock availability to meet demands
x ABC Analysis
x Can be used to classify stock groups
x
x Question
x Correct Answer
x Your Answer
x Towill
x 1996
x 1996
x Forrester
x 1960
x 1960
x Amstel
x 1990
x 1990
x Whiteoak
x 1994
x 1994
x
x Question
x Correct Answer
x Your Answer
x Stock out ratio
x Lead time
x ABC Analysis
x
x Question
x Correct Answer
x Your Answer
x Manager participation in SCM activity
x 0.16
x 0.16
x Director/GM participation in SCM activity
x 0.28
x 0.28
x Vice President participation in SCM activity
x 0.17
x 0.17
x President participation in SCM activity
x 0.14
x 0.14
x
x Question
x Correct Answer
x Your Answer
x Planned order release
x When we need to release the planned orders having regard to lead time required
x Projected on hand
x What the inventory level will be if we produce according to plan above & demand forecast is correct
x Projected net requirement
x What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stoc
x Planned order receipt
x What we will receive each period as a result of planned orders
x
x Question
x Correct Answer
x Your Answer
x Analytical Solution
x Modeling
x Simulation
x System
x
x Question Correct Answer Your Answer
x Order Processing Material Follow-up Material procurement
x Order Picking Material Collection Material Collection
x Order Consolidation Material Follow-up and
x Collection
x Material Follow-up
x
x Analytical Solution Is the possibility of using
x mathematical methods to
x obtain exact information on
x question of interest.
x Is the tool for understanding
x issues of organizational
x decision making.
x Modeling Is the process by which we try
x to gain the understanding of
x how the corresponding system
x behaves.
x Is the possibility of using
x mathematical methods to
x obtain exact information on
x question of interest.
x Simulation Is the tool for understanding
x issues of organizational
x decision making.
x Is the process by which we try
x to gain the understanding of
x how the corresponding system
x behaves.
x System Is the facility or process of
x interest.
x Is the tool used test the impact
x of strategic level decision have
x on supply chain performance.
x
x Question
x Correct Answer
x Your Answer
x Order Processing
x Material Follow-up
x Material Processing and Supply
x Order Picking
x Material Collection
x Material Collection
x Order Consolidation
x Material Follow-up and Collection
x Material Follow-up and Collection
x
x Question
x Correct Answer
x Your Answer
x Planned order release
x Projected on hand
x Projected net requirement
x What we will each period as a receive of purchased orders
x Planned order receipt
x
x Question
x Correct Answer
x Your Answer
x Stock out ratio
x Lead time
x ABC Analysis
x
x Manager participation in SCM activity 0.16 0.16
x Director/GM participation in SCM activity 0.28 0.28
x Vice President participation in SCM activity 0.17 0.17
x President participation in SCM activity 0.14 0.14
x
x Reliability It relates with the ability to perform the promised services with
x dependability and accuracy It relates with the ability to perform the promised
x services with dependability and accuracy
x Quality of operation This relates to customer requirement & needs being
x consistently satisfied This relates to customer requirement & needs being
x consistently satisfied
x Speed of operation This is efficient use of time from order to delivery This is
x efficient use of time from order to delivery
x Capacity Utilization This is the measure related to a maximum of an organizations
x ability to provide demanded goods & service in the amount requested This is the
x measure related to a maximum of an organizations ability to provide demanded
x goods & service in the amount requested
x
x Expedition More frequent & flexible delivery may be required for realignment of
x process More frequent & flexible delivery may not be required for realignment of
x process
x Purchasing More flexible & frequent purchasing operation need to be established
x for realignment of process More flexible & frequent purchasing operation need to
x be established for realignment of process
x Manufacturing If the installation of the most expensive components is to be
x delayed as much as possible, change in the sequence & timing of manufacturing
x steps may be required for realignment of process If the installation of the most
x expensive components is to be delayed as much as possible, change in the sequence
x & timing of manufacturing steps may be required for realignment of process
x Order taking Companies that used to collect customer orders on a monthly basis
x will need to shorten the information collection cycle time for realignment of
x process Companies that used to collect customer orders on a weekly basis will
x need to improve the information collection cycle time for realignment of process
x
x Reliability It relates with the ability to perform the promised services with
x dependability and accuracy It relates with the ability to perform the promised
x services with dependability and accuracy
x Quality of operation This relates to customer requirement & needs being
x consistently satisfied This relates to customer requirement & needs being
x consistently satisfied
x Speed of operation This is efficient use of time from order to delivery This is
x efficient use of time from order to delivery
x Capacity Utilization This is the measure related to a maximum of an organizations
x ability to provide demanded goods & service in the amount requested This is the
x measure related to a maximum of an organizations ability to provide demanded
x goods & service in the amount requested
x
x Other Unit production
x cost
x The cost of production of
x one unit of the product
x that is not accounted in
x employee cost.
x The cost of holding one
x unit in stock at the end of
x each Month.
x Hiring cost The cost of hiring an
x employee.
x The cost of hiring an
x employee.
x Unit inventory holding
x cost
x unit in stock at the end of
x each period.
x The cost of production of
x one unit of the product
x that is not accounted in
x employee cost.
x Unit subcontracting cost The cost of each unit
x bought from external
x source.
x unit procured from
x external source at the end
x of each period.
d goods & service in the amount requested
d goods & service in the amount requested

n order to avoid such stock outs

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1

feration , Increasing emphasize placed on speed

romoted as world ADI Standard

be consolidated to secure supplier discounts

romoted as world ADI Standard

Requirement per Product

feration , Increasing emphasize placed on speed

ximity and that

effort to run the

ithin supply chain

t the factors like :-

mal stocking levels.

vide for future

ucture & resources.

__ the same and are

key for the effective :-

ronmental impact & strain on the workforce.

ived order information from :-

ow of item through the production process , A push process

on to move from one step to another.

g, vary from high to low?

olding cost to ________ total cost

ategic objectives. In this measurements usually covers :-

and data is ________ accurate.

ply chain, is known as :-

, Orders can not be consolidated to secure supplier discounts

ery date is known as :-

ximity and that

effort to run the

ithin supply chain

t the factors like :-

mal stocking levels.

vide for future

ucture & resources.

__ the same and are

nses to market place set up input.

since the Kanbans specify item precisely, no defects can be tolerated.

or market places like:-

inty that might exist in supply chain.

fit the most from implementing a postpone system.

ce in spite of cost involved.

come extremely detailed plan?

urcing is the ________ step in creating supply chain.

will be expensive in terms of :-

is the treasury model of which economy?

fixed period as possible to have market driven :-

per day of shipment

value flow across the :-

CBI/DTI ________ sourcing initiative.

for Supply chain Priorities:-

t to forecast on product basis :-

fore are ideally suited to be done by a computer.

ainly at the strategic rather that operational level.

rdinated with actual customer demand?

ariable quantity at fixed times has implications for :-

delivery date is known as :-

tly, it will be expensive in terms of :-

he company to realize their anticipated benefits:-

ainly based on:-

arehouse, factory is require to get involved for the success.

le become extremely detailed plan?

ment within supply chain management.

n optimal stocking levels.