Supply Chain Management (SCM) - 26

Supply chain Management

 

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

 

Select The Blank

Question Suppliers are ________ to JIT business.

Correct Answer Crucial

Your Answer Necessary

 

Match The Following

Question Correct Answer Your Answer

Reliability It relates with the ability to perform the promised services with

dependability and accuracy It relates with the ability to perform the promised

services with dependability and accuracy

Quality of operation This relates to customer requirement & needs being

consistently satisfied This relates to customer requirement & needs being

consistently satisfied

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

efficient use of time from order to delivery

Capacity Utilization This is the measure related to a maximum of an organizations

ability to provide demanded goods & service in the amount requested This is the

measure related to a maximum of an organizations ability to provide demanded

goods & service in the amount requested

 

Multiple Choice Multiple Answer

Question Following are some of the tools for Supply Chain Measurement :-

Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle Time

Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory

Replenishment Cycle Time

 

Multiple Choice Single Answer

Question The result of all the factors is that there is not a single

integrated plan for the :-

Correct Answer Organisation

Your Answer Supply Chain Management

 

Select The Blank

Question Customer order promised cycle time is gap between the purchase order

creation and ________.

Correct Answer Requested delivery date

Your Answer Requested delivery date

 

Multiple Choice Multiple Answer

Question Following are the parameters of Transportation Metrics :-

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

shipped

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

shipped

 

True/False

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

calculated additionally.

Correct Answer False

Your Answer True

 

True/False

Question The advantage of using moving average for forecasting is that in

calculating the average all the observations are given equal weightage.

Correct Answer True

Your Answer True

 

True/False

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

Supply chain Management 1

Correct Answer True

Your Answer True

 

Multiple Choice Multiple Answer

Question What are the major steps in cycle counting?

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

counting

Your Answer Control group cycle counting , Random cycle counting

 

Multiple Choice Single Answer

Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :-

Correct Answer Chain wide Management

Your Answer Chain wide Management

 

Multiple Choice Single Answer

Question The co-ordination between various players in the supply chain is the key for the effective :-

Correct Answer Management

Your Answer Management

 

Multiple Choice Single Answer

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

Correct Answer Kanban

Your Answer Kanban

 

True/False

Question Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce.

Correct Answer True

Your Answer True

 

Match The Following

Question Correct Answer Your Answer

Seamless SCM Towill Towill

Value of Information Glazer Peter Senge

Filtering Del-Vecchio Burbidge

Industrial dynamics Burbidge Van Amstel

 

Select The Blank

Question We have criteria for ________ forecasts, however generalized they are.

Correct Answer Distinguishing

Your Answer Comparing

 

Select The Blank

Question According the example, for minimal cost, the number of initial workers considered is ________

Correct Answer 10

Your Answer 9

 

Multiple Choice Single Answer

Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on Inventory Carrying and Ordering cost?

Correct Answer It will be optimized

Your Answer It will be reduced

 

Multiple Choice Single Answer

Question By not ordering chairs, we reach a stock out by which week in the example given?

Correct Answer 5

Your Answer 6

 

Multiple Choice Single Answer

Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :-

Correct Answer Pyramid

Your Answer Pyramid

 

Multiple Choice Single Answer

Question In a traditional informational pipeline supply chain player always received order information from :-

Correct Answer Consumer

Your Answer Consumer

 

Multiple Choice Multiple Answer

Question Kanban is :-

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

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

 

True/False

Question The total cost in minimal cost strategy is £ 63400.

Correct Answer True

Your Answer True

 

Select The Blank

Question ________ is only the management philosophy which helps organization to move from one step to another.

Correct Answer Benchmarking

Your Answer Benchmarking

 

Multiple Choice Single Answer

Question In which technique when applied to the use of numbers in forecasting, vary from high to low?

Correct Answer Qualitative

Your Answer Qualitative

 

Multiple Choice Multiple Answer

Question In the Japanese concept of total productivity, for output they embrace :-

Correct Answer Quantity , Quality , Delivery

Your Answer Quality , Delivery , Facilities

 

Multiple Choice Single Answer

Question If the material requirement plan is accurate, then it results in better management of :-

Correct Answer Cash flow

Your Answer Production

 

Select The Blank

Question Kanban process ________ focuses on the human factors of production.

Correct Answer Indirectly

Your Answer Directly

 

Multiple Choice Multiple Answer

Question The majority of companies said that using 3 PL services had positive effect on :-

Correct Answer Logistic Cost , Customer satisfaction

Your Answer Logistic Cost , Customer satisfaction , Employee Morale

 

Multiple Choice Single Answer

Question What affects the forecasting of performance levels?

Correct Answer Changing environment

Your Answer Foreseen events

 

Select The Blank

Question One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to ________ total cost

Correct Answer Drive down

Your Answer Minimise

 

True/False

Question Distribution & Warehousing comes under supply chain measurement.

Correct Answer True

Your Answer True

 

Multiple Choice Multiple Answer

Question The SCM key metrics should be closely aligned to the company's strategic objectives. In this measurements usually covers :-

Correct Answer Internal Business , Training , Customer

Your Answer Internal Business , Training , Customer

 

True/False

Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, but affects the other players in the supply chain.

Correct Answer True

Your Answer False

 

Multiple Choice Multiple Answer

Question The changes to be made in supply chain due to problem of longer lead time is:-

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

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

 

Select The Blank

Question According to Ducker, Customer focus oriented logistics must be treated as ________.

Correct Answer Cost saving centre

Your Answer Cost saving centre

 

Multiple Choice Multiple Answer

Question The strategic decision in supply chain includes :-

Correct Answer What products to produce , Which plants to produce them ,

Allocation of Suppliers to plants

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

Allocation of Suppliers to plants

 

True/False

Question The economic order quantity is the order quantity that minimizes total cost.

Correct Answer True

Your Answer True

 

True/False

Question Backorder means an unfilled customer order.

Correct Answer True

Your Answer False

 

Select The Blank

Question For the good result, supply chain require to be very ________.

Correct Answer Transparent

Your Answer Transparent

 

Select The Blank

Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate.

Correct Answer Reasonably

Your Answer Completely

 

Multiple Choice Single Answer

Question The most relevant measures for capital input is that of :-

Correct Answer Replacement cost

Your Answer Market value

 

Multiple Choice Single Answer

Question The mechanism by which material and information flows through supply chain, is known as :-

Correct Answer Pipeline

Your Answer Chainline

 

Multiple Choice Multiple Answer

Question Fixed quantity systems :-

Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts

Your Answer Are easy to manage , Can cope well with demand variability ,Facilitate lower stocks

 

Multiple Choice Multiple Answer

Question The media for EDI communication are :-

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

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

 

Multiple Choice Multiple Answer

Question In the single product example defined for planning into periods, some of the options are :-

Correct Answer Regular time , Hire employees , Fire employees

Your Answer Regular time , Hire employees , Fire employees

 

True/False

Question The key point about structural information is that it changes relatively infrequently.

Correct Answer True

Your Answer True