SUPPLY CHAIN MANAGEMENT
Semester IV
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer
Question Following results are possible only & only if organisation goes for Supply chain
Priorities:-
Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery
Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery
Multiple Choice Single Answer
Question Product lines with highly customized end product find it difficult to forecast on product
basis :-
Correct Answer The demand
Your Answer The demand
Multiple Choice Single Answer
Question The supply chain management is compared by " Cooper and Ellram" with :-
Correct Answer Relay Team
Your Answer Relay Team
True/False
Question All forecasting methods require complex calculations and therefore are ideally suited to
be done by a computer.
Correct Answer False
Your Answer True
True/False
Question The measures suggested by Balloy have limited application, mainly at the strategic
rather that operational level.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question Which is the system in which production is demand driven, coordinated with actual
customer demand?
Correct Answer Pull Base System
Your Answer Push Base system
Select The Blank
Question BOM can have ________ levels.
Correct Answer Many
Your Answer Two
Multiple Choice Single Answer
Question Different machines were clustered together to eliminate :
Correct Answer Transportation of item
Your Answer Transportation of item
Multiple Choice Single Answer
Question How many levels the supply chain management is divided into ?
Correct Answer Three
Your Answer Three
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True/False
Question Warehousing & Transportation are not at all related activity in SCM.
Correct Answer False
Your Answer False
Select The Blank
Question In the MRP package referred in the example, the entry of capacity data is to see if we
are________ production capacity.
Correct Answer Exceeding
Your Answer Not meeting
Multiple Choice Multiple Answer
Question Both the ordering system fixed quantity at variable times and variable quantity at fixed
times has implications for :-
Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable
supply
Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable
supply
Multiple Choice Single Answer
Question The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Tactical
Multiple Choice Single Answer
Question The Gap between purchase order creation date and requested delivery date is known as :-
Correct Answer Customer Order promised cycle time
Your Answer Customer Order promised cycle time
Select The Blank
Question One of the factors behind Japanese success story as geographic proximity and that
suppliers are often ________ around the major customers.
Correct Answer Clustered
Your Answer Clustered
Multiple Choice Multiple Answer
Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in
terms of :-
Correct Answer Management & effort , Initial implementation , The continuing effort to run the
system
Your Answer Management & effort , Initial implementation , The continuing effort to run the
system
Multiple Choice Single Answer
Question Outsourcing to 3PL companies to world class standards allow the company to realize
their anticipated benefits:-
Correct Answer Immediately
Your Answer Immediately
True/False
Question A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer False
Multiple Choice Single Answer
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Question To provide an adequate support what will be need to do with information system?
Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple Answer
Question The Technical Aspects of EDI agreement are :-
Correct Answer coding system , The EDI that is to be employed , The Network that is to be used
Your Answer The EDI that is to be employed , The Network that is to be used , coding system
Multiple Choice Single Answer
Question The Data required for the IT application in the field of SCM is mainly based on:-
Correct Answer Decision Making
Your Answer Data Structure
Match The Following
Question Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.16
Director/GM participation in SCM activity 0.28 0.28
Vice President participation in SCM activity 0.17 0.17
President participation in SCM activity 0.14 0.14
True/False
Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is
require to get involved for the success.
Correct Answer True
Your Answer True
True/False
Question BOM is best thought of as divided interval levels.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question How does aggregate plan created by master production schedule become extremely
detailed plan?
Correct Answer MRP translates it
Your Answer MRP translates it
Multiple Choice Multiple Answer
Question If we take chair figures from MPS as chair requirement and to meet those requirements,
the package will produced a detailed production plan for :-
Correct Answer Seats , Backs , Legs
Your Answer Seats , Backs , Legs
Multiple Choice Single Answer
Question Spares stationery, consumable etc. are what type of inventory for the organization?
Correct Answer Common
Your Answer Common
Multiple Choice Multiple Answer
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Question The category of forecasting are :-
Correct Answer Short Term , Medium Term , Long Term
Your Answer Short Term , Medium Term , Long Term
True/False
Question The globalization of supply chain does not change the requirement within supply chain
management.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question The treasury equation refers to predict customer spending will look at the factors like :-
Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
True/False
Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question When conformance is not achieved, what is the role of cycle counting?
Correct Answer To provide for cause , To provide for corrective action , To provide for future
action
Your Answer Measure the level of conformance to expectable , To provide for cause , To provide
for corrective action
Multiple Choice Multiple Answer
Question Companies that would obviously gain very little from postponement, experiences a
radically different picture in their business like :-
Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low
product proliferation
Your Answer Low value of short time to market , Low product proliferation , Medium inventory
value
Select The Blank
Question A further development of ________ performance measures is that a matrix of indicators
can be formulated to relate main process of Logistics to the major long term goals.
Correct Answer Logistics
Your Answer Distribution
True/False
Question Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question In any event, we prefer the forecasting method that gives which type of Average squared
error?
Correct Answer Lowest
Your Answer Zero
Select The Blank
Question The indirect cost increase has the consequent ________ the infrastructure & resources.
Correct Answer Impacts on
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Your Answer Effects on
Select The Blank
Question World class Logistics study is published in the year ________.
Correct Answer 1995
Your Answer 1996
Select The Blank
Question In re-order level approach average stock levels stay more or ________ the same and are
Less responsive to change in demand.
Correct Answer Less
Your Answer Less
Match The Following
Question Correct Answer Your Answer
Stock out ratio Is comparison of % of demand actually satisfied with the defined service Is
comparison of % of demand actually satisfied with the defined service
Lead time Is the time between a replenishment need arising & new deliveries being ready for use Is
the time between a replenishment need arising & new deliveries being ready for use
Inventory service level Is % probability of stock availability to meet demands Is % probability of
stock availability to meet demands
ABC Analysis Can be used to classify stock groups Can be used to classify stock groups
Multiple Choice Multiple Answer
Question The operational perspective in management of inventory level are :-
Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order
Quantity
Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production
levels
Multiple Choice Single Answer
Question The data content & floors of stock record systems are needed by which methods?
Correct Answer Just in time
Your Answer Just in time
True/False
Question In order to meet the guarantee to customer for shipment of notebook PC on same day as
receipt of order, the company has to maintain significant amount of inventory.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question JIT philosophy has following features :-
Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
reduced , Continuous improvement always striving to improve
Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be
reduced , Continuous improvement always striving to improve
Select The Blank
Question The strength of postponement lies in its wide ________ as speed becomes more
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important capability.
Correct Answer Applicability
Your Answer Applicability
Select The Blank
Question Japanese logistics performance and its ________ are paramount priorities in their
business environment.
Correct Answer Effectiveness
Your Answer Effectiveness
Select The Blank
Question Suppliers agree to give customer ________ plans to cope with disruption.
Correct Answer Contingency
Your Answer Contingency
Showing posts with label Supply Chain Management (Set - IV). Show all posts
Showing posts with label Supply Chain Management (Set - IV). Show all posts
Saturday, October 18, 2008
Supply Chain Management - 13
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank
Question The fire in 1997 forced Toyoto to embark upon review of
________ that were sourced from single supplier.
Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single Answer
Question The cycle time measured from the firm plan order until final
production is reported, is known as :-
Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Select The Blank
Question The geographic placement of production facility, stocking
points & sourcing is the ________ step in creating supply
chain.
Correct Answer First
Your Answer First
True/False
Question Regardless of how inventory movement is accounted for, it
must be done correctly if accurate inventory records are to be
achieved.
Correct Answer True
Your Answer True
Select The Blank
Question The basic operators framework ________ that there is a link
between capabilities & strategy on one hand & capabilities &
resources & infrastructure on the other hand.
Correct Answer Implies
Your Answer Implies
Multiple Choice Multiple Answer
Question The SCM key metrics should be closely aligned to the
company's strategic objectives. In this measurements usually
covers :-
Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer
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
True/False
Question JIT need to be applied to all stages of process.
Correct Answer True
Your Answer True
Select The Blank
Question Outsourcing is not without risks, in fact the benefits are
________ more transparent with risks Often being hidden
initially.
Correct Answer Often
Your Answer Mostly
Select The Blank
Question The multi plant co-ordination is to coordinate the ________
plans of several plants.
Correct Answer Production
Your Answer Distribution
Select The Blank
Question The real benefits of Kanban will not be ________ until the
auto-industry moves into a mixed production.
Correct Answer Realized
Your Answer Utilized
True/False
Question Defects per million opportunities(DPMO) is concept of Four
Sigma.
Correct Answer False
Your Answer True
True/False
Question The economic order quantity is the order quantity that
minimizes total cost.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question EDI agreement Legal Aspects covers :-
Correct Answer Internet cyber law , Time that message will be retained ,
Procedure for settling any dispute
Your Answer Time that message will be retained , Procedure for settling
any dispute , Legal Jurisdiction for settling dispute
True/False
Question There may be a temptation to dismiss the Kaizen concept
particularly suited to Japanese mentality.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Product Champion Andraski Poul Jonh
Pull & Push concept
discussion
Hoeskstra & Romme Andraski
Simulation Model Sterman Glazer
Player concept Forrester(1960) Forrester(1960)
Multiple Choice Single Answer
Question How many levels the supply chain management is divided
into ?
Correct Answer Three
Your Answer Four
True/False
Question If the supply chain do not track uncertainties than it leads to
non optimal stocking levels.
Correct Answer True
Your Answer True
Select The Blank
Question The enrichment mechanism is an ________ point of sales
link.
Correct Answer Electronic
Your Answer Critical
Multiple Choice Single Answer
Question The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Management
Match The Following
Question Correct Answer Your Answer
Other Unit production
cost
The cost of production of
one unit of the product
that is not accounted in
employee cost.
The cost of holding one
unit in stock at the end of
each Month.
Hiring cost The cost of hiring an
employee.
The cost of hiring an
employee.
Unit inventory holding
cost
The cost of holding one
unit in stock at the end of
each period.
The cost of production of
one unit of the product
that is not accounted in
employee cost.
Unit subcontracting cost The cost of each unit
bought from external
source.
The cost of holding one
unit procured from
external source at the end
of each period.
Multiple Choice Single Answer
Question What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Single Answer
Question Marketing, Distribution, planning and Manufacturing along the
supply chain operate :-
Correct Answer Independently
Your Answer Independently
Multiple Choice Single Answer
Question The supply chain management is compared by " Cooper and
Ellram" with :-
Correct Answer Relay Team
Your Answer Long Distance Runner
Multiple Choice Multiple Answer
Question Industrial Re-engineering concepts encourage :-
Correct Answer Modular Organization of work , Multi-skilling , On the job
training procedures
Your Answer Modular Organization of work , Multi-skilling , Minimum level
of quality to satisfy customers
Multiple Choice Single Answer
Question While still maintaining high service level, the objective of
supply chain manager for inventory is to :-
Correct Answer Decrease it
Your Answer Decrease it
Multiple Choice Single Answer
Question The minimum number of products unit in stock at the end of
each week corresponds to what type of stock in the case of
unforeseen demand?
Correct Answer Safety
Your Answer Safety
True/False
Question The marketing effort is somewhat restricted by the necessity
to sell leftover products following year.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question To provide an adequate support what will be need to do with
information system?
Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple Answer
Question The various basic logistics productivity ratios can be used to
control elements such as :-
Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service
Select The Blank
Question Paper or computer records require time to check ________
against recorder level.
Correct Answer Stock
Your Answer Availability
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 ,
What products to sell
Multiple Choice Single Answer
Question Spares stationery, consumable etc. are what type of
inventory for the organization?
Correct Answer Common
Your Answer Common
Select The Blank
Question One of the factors behind Japanese success story as
geographic proximity and that suppliers are often ________
around the major customers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple Answer
Question Companies that would obviously gain very little from
postponement, experiences a radically different picture in
their business like :-
Correct Answer Demand with little or no uncertainty , Low value of short time
to market , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short time
to market , Low product proliferation
Multiple Choice Single Answer
Question What is the advantage of IT for monitoring the supply chain
performance?
Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The Blank
Question The hiring cost of one employee is ________ in minimal cost
strategy.
Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single Answer
Question Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following is
required?
Correct Answer TQM & JIT
Your Answer FMCG
True/False
Question Distribution & Warehousing comes under supply chain
measurement.
Correct Answer True
Your Answer True
True/False
Question The enriching the order decisions with market place
information enables the factory to be much more responsive,
since less supply chain Filtering is taking place.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Single Answer
Question The co-ordination between various players in the supply
chain is the key for the effective :-
Correct Answer Management
Your Answer Management
Multiple Choice Single Answer
Question It is the requirement of Enriched supply chain players to cope
up with :-
Correct Answer Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single Answer
Question The result of all the factors is that there is not a single
integrated plan for the :-
Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Single Answer
Question In management, construction of a strategic framework for
productivity and performance analysis is required for :-
Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single Answer
Question Holding costs are expressed as a % of stock values. What is
the percentage?
Correct Answer 15% - 30%
Your Answer 20% - 30%
True/False
Question The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.
Correct Answer False
Your Answer True
Select The Blank
Question The fire in 1997 forced Toyoto to embark upon review of
________ that were sourced from single supplier.
Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single Answer
Question The cycle time measured from the firm plan order until final
production is reported, is known as :-
Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Select The Blank
Question The geographic placement of production facility, stocking
points & sourcing is the ________ step in creating supply
chain.
Correct Answer First
Your Answer First
True/False
Question Regardless of how inventory movement is accounted for, it
must be done correctly if accurate inventory records are to be
achieved.
Correct Answer True
Your Answer True
Select The Blank
Question The basic operators framework ________ that there is a link
between capabilities & strategy on one hand & capabilities &
resources & infrastructure on the other hand.
Correct Answer Implies
Your Answer Implies
Multiple Choice Multiple Answer
Question The SCM key metrics should be closely aligned to the
company's strategic objectives. In this measurements usually
covers :-
Correct Answer Internal Business , Training , Customer
Your Answer Internal Business , Training , Customer
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
True/False
Question JIT need to be applied to all stages of process.
Correct Answer True
Your Answer True
Select The Blank
Question Outsourcing is not without risks, in fact the benefits are
________ more transparent with risks Often being hidden
initially.
Correct Answer Often
Your Answer Mostly
Select The Blank
Question The multi plant co-ordination is to coordinate the ________
plans of several plants.
Correct Answer Production
Your Answer Distribution
Select The Blank
Question The real benefits of Kanban will not be ________ until the
auto-industry moves into a mixed production.
Correct Answer Realized
Your Answer Utilized
True/False
Question Defects per million opportunities(DPMO) is concept of Four
Sigma.
Correct Answer False
Your Answer True
True/False
Question The economic order quantity is the order quantity that
minimizes total cost.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question EDI agreement Legal Aspects covers :-
Correct Answer Internet cyber law , Time that message will be retained ,
Procedure for settling any dispute
Your Answer Time that message will be retained , Procedure for settling
any dispute , Legal Jurisdiction for settling dispute
True/False
Question There may be a temptation to dismiss the Kaizen concept
particularly suited to Japanese mentality.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Product Champion Andraski Poul Jonh
Pull & Push concept
discussion
Hoeskstra & Romme Andraski
Simulation Model Sterman Glazer
Player concept Forrester(1960) Forrester(1960)
Multiple Choice Single Answer
Question How many levels the supply chain management is divided
into ?
Correct Answer Three
Your Answer Four
True/False
Question If the supply chain do not track uncertainties than it leads to
non optimal stocking levels.
Correct Answer True
Your Answer True
Select The Blank
Question The enrichment mechanism is an ________ point of sales
link.
Correct Answer Electronic
Your Answer Critical
Multiple Choice Single Answer
Question The levels at which long term decisions are made is :-
Correct Answer Strategic
Your Answer Management
Match The Following
Question Correct Answer Your Answer
Other Unit production
cost
The cost of production of
one unit of the product
that is not accounted in
employee cost.
The cost of holding one
unit in stock at the end of
each Month.
Hiring cost The cost of hiring an
employee.
The cost of hiring an
employee.
Unit inventory holding
cost
The cost of holding one
unit in stock at the end of
each period.
The cost of production of
one unit of the product
that is not accounted in
employee cost.
Unit subcontracting cost The cost of each unit
bought from external
source.
The cost of holding one
unit procured from
external source at the end
of each period.
Multiple Choice Single Answer
Question What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
Multiple Choice Single Answer
Question Marketing, Distribution, planning and Manufacturing along the
supply chain operate :-
Correct Answer Independently
Your Answer Independently
Multiple Choice Single Answer
Question The supply chain management is compared by " Cooper and
Ellram" with :-
Correct Answer Relay Team
Your Answer Long Distance Runner
Multiple Choice Multiple Answer
Question Industrial Re-engineering concepts encourage :-
Correct Answer Modular Organization of work , Multi-skilling , On the job
training procedures
Your Answer Modular Organization of work , Multi-skilling , Minimum level
of quality to satisfy customers
Multiple Choice Single Answer
Question While still maintaining high service level, the objective of
supply chain manager for inventory is to :-
Correct Answer Decrease it
Your Answer Decrease it
Multiple Choice Single Answer
Question The minimum number of products unit in stock at the end of
each week corresponds to what type of stock in the case of
unforeseen demand?
Correct Answer Safety
Your Answer Safety
True/False
Question The marketing effort is somewhat restricted by the necessity
to sell leftover products following year.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question To provide an adequate support what will be need to do with
information system?
Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple Answer
Question The various basic logistics productivity ratios can be used to
control elements such as :-
Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service
Select The Blank
Question Paper or computer records require time to check ________
against recorder level.
Correct Answer Stock
Your Answer Availability
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 ,
What products to sell
Multiple Choice Single Answer
Question Spares stationery, consumable etc. are what type of
inventory for the organization?
Correct Answer Common
Your Answer Common
Select The Blank
Question One of the factors behind Japanese success story as
geographic proximity and that suppliers are often ________
around the major customers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple Answer
Question Companies that would obviously gain very little from
postponement, experiences a radically different picture in
their business like :-
Correct Answer Demand with little or no uncertainty , Low value of short time
to market , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short time
to market , Low product proliferation
Multiple Choice Single Answer
Question What is the advantage of IT for monitoring the supply chain
performance?
Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The Blank
Question The hiring cost of one employee is ________ in minimal cost
strategy.
Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single Answer
Question Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following is
required?
Correct Answer TQM & JIT
Your Answer FMCG
True/False
Question Distribution & Warehousing comes under supply chain
measurement.
Correct Answer True
Your Answer True
True/False
Question The enriching the order decisions with market place
information enables the factory to be much more responsive,
since less supply chain Filtering is taking place.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Single Answer
Question The co-ordination between various players in the supply
chain is the key for the effective :-
Correct Answer Management
Your Answer Management
Multiple Choice Single Answer
Question It is the requirement of Enriched supply chain players to cope
up with :-
Correct Answer Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single Answer
Question The result of all the factors is that there is not a single
integrated plan for the :-
Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Single Answer
Question In management, construction of a strategic framework for
productivity and performance analysis is required for :-
Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single Answer
Question Holding costs are expressed as a % of stock values. What is
the percentage?
Correct Answer 15% - 30%
Your Answer 20% - 30%
True/False
Question The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.
Correct Answer False
Your Answer True
Supply Chain Management - 12
Multiple Choice Single Answer
Question The American National standards which are developed for replacing
various sector standards is known as:-
Correct Answer ANSI X 12
Your Answer ANSI X 12
Multiple Choice Multiple Answer
Question The implications of introducing consolidation centre were :-
Correct Answer How many centers to have? , Location of centres , Size of centres
Your Answer Location of centres , Size of centres , To which GM plant centres will
send?
Match The Following
Question Correct Answer Your Answer
The impact of postponement
of coloration until the
customer uses the product
Significant value was
created in value chain &
manufacturing cost & safety
stock both decreased
Carry out more variety
without increasing inventory
The impact of postponement
in case of PC company
Inventory was cut to half Carry out more variety by
slightly increasing inventory
The impact of postponement
of customization of printer to
DC areas
Decrease in inventory made
up for the increased cost in
creating some assembly
function at DC level
Decrease in inventory made
up for the increased cost in
creating some assembly
function at DC level
The impact of postponement
in RPAG
Carry out more variety
without increasing inventory
Significant value was created
in value chain & safety stock
also decreases partially
Multiple Choice Single Answer
Question In a traditional informational pipeline supply chain player always
received order information from :-
Correct Answer Consumer
Your Answer Distributor
Multiple Choice Single Answer
Question The term productivity is often ill-defined but basically, it's measurement
is that of a prescribed output to the resources :-
Correct Answer Consumed
Your Answer Used
Multiple Choice Single Answer
Question In the supply chain , Material flows :-
Correct Answer Downstream
Your Answer Downstream
True/False
Question The estimate is that the 3 PL industry will quadruple its size in next five
years.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question In the current business scenario Indian organisations require to
improve customer service to become perfect in :-
Correct Answer Customer centric process
Your Answer Business Analysis
True/False
Question In an ideal world we would like a forecasting method for which all
errors are near zero.
Correct Answer False
Your Answer True
Select The Blank
Question Simple method for Time series forecasting is to take a ________
Average.
Correct Answer Moving
Your Answer Non Weighted Moving
Multiple Choice Multiple Answer
Question The globalization has forced local companies to improve following:-
Correct Answer Manufacturing Practices , Supply Chain Management , Inventory
Levels and Distribution Capabilities
Your Answer Distribution Network , Supply Chain Management , Inventory Levels
and Distribution Capabilities
Select The Blank
Question According to Ducker, Customer focus oriented logistics must be treated
as ________.
Correct Answer Cost saving centre
Your Answer Policy Matter
Multiple Choice Multiple Answer
Question If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of seats are :-
Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Select The Blank
Question The realistic ________ demonstrate the benefits of a holistic view of
supply chain information flow.
Correct Answer Simulation Model
Your Answer Simulation Model
Select The Blank
Question The mode choice aspect of transport decisions are more ________
ones, as they are closely linked with inventory decision.
Correct Answer Strategic
Your Answer Locational
Select The Blank
Question From the output by MRP package for chairs in the example, we are
advised to place an order for ________ legs in week 2.
Correct Answer Overhead
Your Answer Overhead
True/False
Question The constraints in multiple equation methods will probably be different
for different groups.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question If a defective piece was found in Kanban then what happened to
production of specified quantity in Kanban?
Correct Answer Quantity was not met
Your Answer Quantity was made by replacing defective component
Select The Blank
Question ________ is activity which is outsourced by most of Indian companies.
Correct Answer Warehousing
Your Answer Billing
Multiple Choice Multiple Answer
Question What are the prerequisites for change while Switching over to SCM?
Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Shared Vision , Capacity for Change , Outbound Training
Select The Blank
Question Kanban process ________ focuses on the human factors of
production.
Correct Answer Indirectly
Your Answer Indirectly
True/False
Question It would be impossible to find the minimum cost solution manually.
Correct Answer True
Your Answer False
True/False
Question All forecasting methods require complex calculations and therefore are
ideally suited to be done by a computer.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question In SCM metrics, Training means :-
Correct Answer Inhouse training , APICS Membership , Certification Training
Your Answer Inhouse training , APICS Membership , Certification Training
True/False
Question Incoming inventory is the receiving of the items, as a result of buying in
from external or internal suppliers
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of backs are :-
Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 60 in week 4
Select The Blank
Question If demand is known & steady, then ________ inventory can be
estimated.
Correct Answer Average
Your Answer Final
True/False
Question By going beyond internal supply chain & including external suppliers
and customers does not expose opportunities for improving internal
operations.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question The competitive priorities in operations strategy are :-
Correct Answer Cost , Quality , Time
Your Answer Cost , Quality , Time
Multiple Choice Single Answer
Question In both marking stock and order, which cost is incurred?
Correct Answer Stock acquisition
Your Answer Stock acquisition
Match The Following
Question Correct Answer Your Answer
Modeling approaches are
methods
Which facilitate concise
review & at the same time
attempt to accommodate the
above polarity.
Give guiding policies for
strategic decisions.
Rough cut methods give
guiding policies
For the operation decisions. Give normative models for
more operator decisions.
Network design methods For the most part give
normative models for more
strategic decisions.
A comprehensive supply
chain model can be
analyzed.
Simulation is the method by
which
A comprehensive supply
chain model can be
analyzed.
For the most part give
normative models for more
strategic decisions.
True/False
Question Retailers are not interested in low stock run.
Correct Answer True
Your Answer False
Select The Blank
Question ________ is only the management philosophy which helps
organisation to move from one step to another.
Correct Answer Benchmarking
Your Answer Push Base system
Multiple Choice Multiple Answer
Question Realignment of infrastructure includes :-
Correct Answer Production & warehouse premises , Production equipment ,
Information & IT system
Your Answer Production & warehouse premises , Production equipment , Supplies
Multiple Choice Multiple Answer
Question In Supply Chain Management, the goal is to be able to replace
inventory of :-
Correct Answer Manufacturers , Suppliers , Customers
Your Answer Manufacturers , Suppliers , Distributors
Multiple Choice Multiple Answer
Question When conformance is not achieved, what is the role of cycle counting?
Correct Answer To provide for cause , To provide for corrective action , To provide for
future action
Your Answer Measure the level of conformance to expectable , To provide for
corrective action , To provide for future action
Multiple Choice Multiple Answer
Question The problems faced by the HP DCs due to traditional system were :-
Correct Answer Large finished goods inventory , Additional stock to handle all the
product proliferation , Increasing emphasize placed on speed
Your Answer Large finished goods inventory , Additional stock to handle all the
product proliferation , Increasing emphasize placed on speed
True/False
Question For a fixed time re-order cycle system, the time at risk is re-order lead
time plus the re-order cycle time.
Correct Answer True
Your Answer False
True/False
Question There are no international EDI standards. The user organization
require to develop it for their operation only.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished
goods but the focus is given to :-
Correct Answer End User
Your Answer End User
Question The fire in 1997 forced Toyoto to embark upon review of
________ that were sourced from single supplier.
Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single Answer
Question The cycle time measured from the firm plan order until final
production is reported, is known as :-
Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Multiple Choice Single Answer
Question The minimum number of products unit in stock at the end of each
week corresponds to what type of stock in the case of unforeseen
demand?
Correct Answer Safety
Your Answer Safety
True/False
Question The marketing effort is somewhat restricted by the necessity to
sell leftover products following year.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question To provide an adequate support what will be need to do with
information system?
Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple Answer
Question The various basic logistics productivity ratios can be used to
control elements such as :-
Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service
Select The Blank
Question Paper or computer records require time to check ________
against recorder level.
Correct Answer Stock
Your Answer Availability
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 , What
products to sell
Multiple Choice Single Answer
Question Spares stationery, consumable etc. are what type of inventory for
the organization?
Correct Answer Common
Your Answer Common
Select The Blank
Question One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the major
customers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple Answer
Question Companies that would obviously gain very little from
postponement, experiences a radically different picture in their
business like :-
Correct Answer Demand with little or no uncertainty , Low value of short time to
market , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short time to
market , Low product proliferation
Multiple Choice Single Answer
Question What is the advantage of IT for monitoring the supply chain
performance?
Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The Blank
Question The hiring cost of one employee is ________ in minimal cost
strategy.
Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single Answer
Question Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following is required?
Correct Answer TQM & JIT
Your Answer FMCG
True/False
Question Distribution & Warehousing comes under supply chain
measurement.
Correct Answer True
Your Answer True
True/False
Question The enriching the order decisions with market place information
enables the factory to be much more responsive, since less
supply chain Filtering is taking place.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Single Answer
Question The co-ordination between various players in the supply chain is
the key for the effective :-
Correct Answer Management
Your Answer Management
Multiple Choice Single Answer
Question It is the requirement of Enriched supply chain players to cope up
with :-
Correct Answer Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single Answer
Question The result of all the factors is that there is not a single integrated
plan for the :-
Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Single Answer
Question In management, construction of a strategic framework for
productivity and performance analysis is required for :-
Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single Answer
Question Holding costs are expressed as a % of stock values. What is the
percentage?
Correct Answer 15% - 30%
Your Answer 20% - 30%
True/False
Question The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.
Correct Answer False
Your Answer True
Question The American National standards which are developed for replacing
various sector standards is known as:-
Correct Answer ANSI X 12
Your Answer ANSI X 12
Multiple Choice Multiple Answer
Question The implications of introducing consolidation centre were :-
Correct Answer How many centers to have? , Location of centres , Size of centres
Your Answer Location of centres , Size of centres , To which GM plant centres will
send?
Match The Following
Question Correct Answer Your Answer
The impact of postponement
of coloration until the
customer uses the product
Significant value was
created in value chain &
manufacturing cost & safety
stock both decreased
Carry out more variety
without increasing inventory
The impact of postponement
in case of PC company
Inventory was cut to half Carry out more variety by
slightly increasing inventory
The impact of postponement
of customization of printer to
DC areas
Decrease in inventory made
up for the increased cost in
creating some assembly
function at DC level
Decrease in inventory made
up for the increased cost in
creating some assembly
function at DC level
The impact of postponement
in RPAG
Carry out more variety
without increasing inventory
Significant value was created
in value chain & safety stock
also decreases partially
Multiple Choice Single Answer
Question In a traditional informational pipeline supply chain player always
received order information from :-
Correct Answer Consumer
Your Answer Distributor
Multiple Choice Single Answer
Question The term productivity is often ill-defined but basically, it's measurement
is that of a prescribed output to the resources :-
Correct Answer Consumed
Your Answer Used
Multiple Choice Single Answer
Question In the supply chain , Material flows :-
Correct Answer Downstream
Your Answer Downstream
True/False
Question The estimate is that the 3 PL industry will quadruple its size in next five
years.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question In the current business scenario Indian organisations require to
improve customer service to become perfect in :-
Correct Answer Customer centric process
Your Answer Business Analysis
True/False
Question In an ideal world we would like a forecasting method for which all
errors are near zero.
Correct Answer False
Your Answer True
Select The Blank
Question Simple method for Time series forecasting is to take a ________
Average.
Correct Answer Moving
Your Answer Non Weighted Moving
Multiple Choice Multiple Answer
Question The globalization has forced local companies to improve following:-
Correct Answer Manufacturing Practices , Supply Chain Management , Inventory
Levels and Distribution Capabilities
Your Answer Distribution Network , Supply Chain Management , Inventory Levels
and Distribution Capabilities
Select The Blank
Question According to Ducker, Customer focus oriented logistics must be treated
as ________.
Correct Answer Cost saving centre
Your Answer Policy Matter
Multiple Choice Multiple Answer
Question If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of seats are :-
Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Select The Blank
Question The realistic ________ demonstrate the benefits of a holistic view of
supply chain information flow.
Correct Answer Simulation Model
Your Answer Simulation Model
Select The Blank
Question The mode choice aspect of transport decisions are more ________
ones, as they are closely linked with inventory decision.
Correct Answer Strategic
Your Answer Locational
Select The Blank
Question From the output by MRP package for chairs in the example, we are
advised to place an order for ________ legs in week 2.
Correct Answer Overhead
Your Answer Overhead
True/False
Question The constraints in multiple equation methods will probably be different
for different groups.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question If a defective piece was found in Kanban then what happened to
production of specified quantity in Kanban?
Correct Answer Quantity was not met
Your Answer Quantity was made by replacing defective component
Select The Blank
Question ________ is activity which is outsourced by most of Indian companies.
Correct Answer Warehousing
Your Answer Billing
Multiple Choice Multiple Answer
Question What are the prerequisites for change while Switching over to SCM?
Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Shared Vision , Capacity for Change , Outbound Training
Select The Blank
Question Kanban process ________ focuses on the human factors of
production.
Correct Answer Indirectly
Your Answer Indirectly
True/False
Question It would be impossible to find the minimum cost solution manually.
Correct Answer True
Your Answer False
True/False
Question All forecasting methods require complex calculations and therefore are
ideally suited to be done by a computer.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question In SCM metrics, Training means :-
Correct Answer Inhouse training , APICS Membership , Certification Training
Your Answer Inhouse training , APICS Membership , Certification Training
True/False
Question Incoming inventory is the receiving of the items, as a result of buying in
from external or internal suppliers
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of backs are :-
Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 60 in week 4
Select The Blank
Question If demand is known & steady, then ________ inventory can be
estimated.
Correct Answer Average
Your Answer Final
True/False
Question By going beyond internal supply chain & including external suppliers
and customers does not expose opportunities for improving internal
operations.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question The competitive priorities in operations strategy are :-
Correct Answer Cost , Quality , Time
Your Answer Cost , Quality , Time
Multiple Choice Single Answer
Question In both marking stock and order, which cost is incurred?
Correct Answer Stock acquisition
Your Answer Stock acquisition
Match The Following
Question Correct Answer Your Answer
Modeling approaches are
methods
Which facilitate concise
review & at the same time
attempt to accommodate the
above polarity.
Give guiding policies for
strategic decisions.
Rough cut methods give
guiding policies
For the operation decisions. Give normative models for
more operator decisions.
Network design methods For the most part give
normative models for more
strategic decisions.
A comprehensive supply
chain model can be
analyzed.
Simulation is the method by
which
A comprehensive supply
chain model can be
analyzed.
For the most part give
normative models for more
strategic decisions.
True/False
Question Retailers are not interested in low stock run.
Correct Answer True
Your Answer False
Select The Blank
Question ________ is only the management philosophy which helps
organisation to move from one step to another.
Correct Answer Benchmarking
Your Answer Push Base system
Multiple Choice Multiple Answer
Question Realignment of infrastructure includes :-
Correct Answer Production & warehouse premises , Production equipment ,
Information & IT system
Your Answer Production & warehouse premises , Production equipment , Supplies
Multiple Choice Multiple Answer
Question In Supply Chain Management, the goal is to be able to replace
inventory of :-
Correct Answer Manufacturers , Suppliers , Customers
Your Answer Manufacturers , Suppliers , Distributors
Multiple Choice Multiple Answer
Question When conformance is not achieved, what is the role of cycle counting?
Correct Answer To provide for cause , To provide for corrective action , To provide for
future action
Your Answer Measure the level of conformance to expectable , To provide for
corrective action , To provide for future action
Multiple Choice Multiple Answer
Question The problems faced by the HP DCs due to traditional system were :-
Correct Answer Large finished goods inventory , Additional stock to handle all the
product proliferation , Increasing emphasize placed on speed
Your Answer Large finished goods inventory , Additional stock to handle all the
product proliferation , Increasing emphasize placed on speed
True/False
Question For a fixed time re-order cycle system, the time at risk is re-order lead
time plus the re-order cycle time.
Correct Answer True
Your Answer False
True/False
Question There are no international EDI standards. The user organization
require to develop it for their operation only.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished
goods but the focus is given to :-
Correct Answer End User
Your Answer End User
Question The fire in 1997 forced Toyoto to embark upon review of
________ that were sourced from single supplier.
Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single Answer
Question The cycle time measured from the firm plan order until final
production is reported, is known as :-
Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Multiple Choice Single Answer
Question The minimum number of products unit in stock at the end of each
week corresponds to what type of stock in the case of unforeseen
demand?
Correct Answer Safety
Your Answer Safety
True/False
Question The marketing effort is somewhat restricted by the necessity to
sell leftover products following year.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question To provide an adequate support what will be need to do with
information system?
Correct Answer Major overhaul
Your Answer Major overhaul
Multiple Choice Multiple Answer
Question The various basic logistics productivity ratios can be used to
control elements such as :-
Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service
Select The Blank
Question Paper or computer records require time to check ________
against recorder level.
Correct Answer Stock
Your Answer Availability
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 , What
products to sell
Multiple Choice Single Answer
Question Spares stationery, consumable etc. are what type of inventory for
the organization?
Correct Answer Common
Your Answer Common
Select The Blank
Question One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the major
customers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple Answer
Question Companies that would obviously gain very little from
postponement, experiences a radically different picture in their
business like :-
Correct Answer Demand with little or no uncertainty , Low value of short time to
market , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short time to
market , Low product proliferation
Multiple Choice Single Answer
Question What is the advantage of IT for monitoring the supply chain
performance?
Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The Blank
Question The hiring cost of one employee is ________ in minimal cost
strategy.
Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single Answer
Question Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following is required?
Correct Answer TQM & JIT
Your Answer FMCG
True/False
Question Distribution & Warehousing comes under supply chain
measurement.
Correct Answer True
Your Answer True
True/False
Question The enriching the order decisions with market place information
enables the factory to be much more responsive, since less
supply chain Filtering is taking place.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Which of the following are the modes of transport?
Correct Answer Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Multiple Choice Single Answer
Question The co-ordination between various players in the supply chain is
the key for the effective :-
Correct Answer Management
Your Answer Management
Multiple Choice Single Answer
Question It is the requirement of Enriched supply chain players to cope up
with :-
Correct Answer Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single Answer
Question The result of all the factors is that there is not a single integrated
plan for the :-
Correct Answer Organisation
Your Answer Supply Chain Management
Multiple Choice Single Answer
Question In management, construction of a strategic framework for
productivity and performance analysis is required for :-
Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single Answer
Question Holding costs are expressed as a % of stock values. What is the
percentage?
Correct Answer 15% - 30%
Your Answer 20% - 30%
True/False
Question The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.
Correct Answer False
Your Answer True
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