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,
Page 1
scm
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
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
Page 2
scm
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
Page 3
scm
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 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
Page 4
scm
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
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
Page 5
scm
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
Page 6
scm
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
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
Page 7
scm
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 important capability.
Correct Answer Applicability
Your Answer Applicability
Select The Blank
Page 8
scm
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 - V). Show all posts
Showing posts with label Supply Chain Management (Set - V). Show all posts
Saturday, October 18, 2008
Supply Chain Management - 16
Supply chain Management 2
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
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 :-
Page 1
Supply chain Management 2
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
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
Page 2
Supply chain Management 2
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
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,
Page 3
Supply chain Management 2
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
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?
Page 4
Supply chain Management 2
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 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
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
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 :-
Page 1
Supply chain Management 2
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
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
Page 2
Supply chain Management 2
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
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,
Page 3
Supply chain Management 2
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
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?
Page 4
Supply chain Management 2
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 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
Supply Chain Management - 15
Supply chain Management 1
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.
Page 1
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
Page 2
Supply chain Management 1
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 organisation
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
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Supply chain Management 1
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
Page 4
Supply chain Management 1
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
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.
Page 1
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
Page 2
Supply chain Management 1
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 organisation
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
Page 3
Supply chain Management 1
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
Page 4
Supply chain Management 1
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
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