Supply Chain Management - 23

Select The Blank
Question Suppliers agree to give customer ________ plans to cope with
disruption.
Correct Answer Contingency
Your Answer Improvement
Multiple Choice Single Answer
Question In the customization of highly customized product which step has most
significant impact?
Correct Answer Production
Your Answer Design
Multiple Choice Multiple Answer
Question EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede
X 12 , Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede
X 12 , Promoted as world ADI Standard
Multiple Choice Single Answer
Question What is required to facilitate logistics process of quickly moving
material on numerous work stations on the production line?
Correct Answer Clean & well organized environment
Your Answer Good material movement system
Select The Blank
Question Once we have all the information we should be able to ________ in
terms of when to place order with suppliers.
Correct Answer Calculate
Your Answer Prepare
Multiple Choice Single Answer
Question The cost of oversupply is high in case of highly customized end
products as it is difficult to find for them:-
Correct Answer The alternative uses
Your Answer The alternative suppliers
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

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Posted in: Supply Chain Management (Set - VII)

Supply Chain Management - 22

True/False
Question NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
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 BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The Blank
Question Customer order promised cycle time is gap between the purchase order
creation and ________.
Correct Answer Requested delivery date
Your Answer Goods received
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 True
Match The Following
Question Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up and
Collection
Material Follow-up
True/False
Question Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/False
Question Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Analytical Solution Is the possibility of using
mathematical methods to
obtain exact information on
question of interest.
Is the tool for understanding
issues of organizational
decision making.
Modeling Is the process by which we try
to gain the understanding of
how the corresponding system
behaves.
Is the possibility of using
mathematical methods to
obtain exact information on
question of interest.
Simulation Is the tool for understanding
issues of organizational
decision making.
Is the process by which we try
to gain the understanding of
how the corresponding system
behaves.
System Is the facility or process of
interest.
Is the tool used test the impact
of strategic level decision have
on supply chain performance.
Select The Blank
Question The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple Answer
Question The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/False
Question The corporations production Kanban is the card which regulates the
suppliers production kanban.
Correct Answer False
Your Answer True
Select The Blank
Question The exponenti________y smoothed moving average takes into account All
of the previous observations.
Correct Answer All
Your Answer Majority
Select The Blank
Question Periodic stock checks to count the stock physically enable the store to feed
in ________ figures to reconcile physical stock against book stock.
Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple Answer
Question The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial
Inventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , Initial
Inventory is Zero , Planning Period is 6 weeks
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
Multiple Choice Single Answer
Question Initially the candidates for outsourcing were companies that needed to
reduce their :-
Correct Answer Assets
Your Answer Non Core Activities
Select The Blank
Question The cheapest solution is to simply ________ backorders to built up over the
planning period.
Correct Answer Allow
Your Answer Disallow
Multiple Choice Multiple Answer
Question The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net required , Planned order Release ,
Projected sales
Your Answer Scheduled receipt , Projected net required , Planned order Release ,
Projected sales
Multiple Choice Multiple Answer
Question The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Use
their Knowledge
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 Cycle counting , Control group cycle counting , Random cycle counting ,
Physical inventory
Multiple Choice Single Answer
Question In order to avoid a stock in a specified period, the quantity required to be
ordered is :-
Correct Answer 135
Your Answer 150
Multiple Choice Single Answer
Question Which employees will have to learn to manage shorter deadline along with
order taking employees?
Correct Answer Purchasing
Your Answer Logistics
True/False
Question All movements throughout the factory is controlled by Kanbans, and since
the Kanbans specify item precisely, no defects can be tolerated.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question In the customization of highly customized product which step has most
significant impact?
Correct Answer Production
Your Answer Design
Multiple Choice Single Answer
Question In the Stage of Technological Development for IT enabled Supply Chain
following thing is very important :-
Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/False
Question The constant m is called smoothing constant in single exponentially
smoothing.
Correct Answer True
Your Answer True
Select The Blank
Question The retailers undertake Pareto Analysis routinely to ________ turnover of
item.
Correct Answer Compare
Your Answer Predict
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 Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question By arranging raw material deliveries at the start of day for one day's
requirement, JIT has :
Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
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
True/False
Question If you use only Transport Kanban in Kanban process then it is known as
simple Kanban process.
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 , EDBMS
Multiple Choice Multiple Answer
Question EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,
Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,
Promoted as world ADI Standard , Analog system
Select The Blank
Question The four key figures of logistics strategic environment are competition,
market served, technology and ________ satisfaction
Correct Answer Stake holder's
Your Answer Customer's
True/False
Question Total productivity appears the only relevant productivity measure for decision
making purpose.
Correct Answer True
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 ,
Availability of products
Multiple Choice Single Answer
Question The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?
Correct Answer 1985
Your Answer 1980
Multiple Choice Single Answer
Question What is the technique in which, a body of experts are hired to arrive at
opinion about the future?
Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single Answer
Question What adds to service cost in central heating installation company if a filter
has to drive to and obtain a minor part?
Correct Answer Queue at supplier end
Your Answer Delay in getting components
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 , Procurement
Select The Blank
Question It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single Answer
Question What can a company improve by being able to postpone the production in its
existing business?
Correct Answer Performance
Your Answer Profitability
Multiple Choice Multiple Answer
Question In performance scenario, in a simplistic manner provides the continuous total
productivity management cycle of :-
Correct Answer Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple Answer
Question In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of
shipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of
shipment , 10000 parts shipped per day
Multiple Choice Single Answer
Question What is the meaning of EDIFACT ?
Correct Answer Electronic Data Interchanged for Administration , Commerce &
Transport
Your Answer Electronic Data Interchanged for Administration , Corporate
Technology

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Posted in: Supply Chain Management (Set - VII)

Supply Chain Management - 21

LIST OF ATTEMPTED QUESTIONS
AND ANSWERS
True/False
Question The total cost in minimal cost
strategy is £ 63400.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Poka-yoke Means foolproof
machines &
method, so as
to prevent
production
mistake
Means foolproof
machines &
method, so as to
prevent
production
mistake
Andon Means trouble
lights which
immediately
signals to
production line
that there is a
problem to be
solved
Means trouble
lights which
immediately
signals to
production line
that there is a
problem to be
solved
Jikoda Enabling
machines to be
autonomous &
able to
automatically
detect defects
Enabling
machines to be
autonomous &
able to
automatically
detect defects
Shojinka Means a
workforce
flexible enough
to cope with
changes in
production &
using different
machines
Means a
workforce
flexible enough
to cope with
changes in
production &
using different
machines
Multiple Choice Single Answer
Question As per the cost information, the
lot for lot rule can be derived for
which particular item?
Correct Answer Least costly
Your Answer Economic one
Match The Following
Question Correct Answer Your Answer
Order
Processing
Material Followup
Material
Processing and
Supply
Order Picking Material
Collection
Material Followup
and
Collection
Order
Consolidation
Material Followup
and
Collection
Material
procurement
Select The Blank
Question All of the product, process &
infrastructure changes ________
will have an impact on the
knowledge & skills the
employees will need to posses.
Correct Answer Outlined
Your Answer Detailed
True/False
Question Inventory Turns means turns
over per year for inventory
procurement.
Correct Answer True
Your Answer True
True/False
Question A two bin system is not
appropriate with many stock
items.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Key indicators on which
Japanese concentrate their
efforts on continuous
improvement Kaizen are :-
Correct Answer Quality , Price , Delivery
Your Answer Quality , Price , Delivery
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 ODETTE is not applicable for
automobile industry.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question The location decision in supply
chain entities are concerned
with:-
Correct Answer Plants
Your Answer Transportation
Multiple Choice Single Answer
Question An example of multiple equation
method given in an economic
model is the treasury model of
which economy?
Correct Answer UK
Your Answer UK
True/False
Question For a fixed time re-order cycle
system, the time at risk is reorder
lead time plus the re-order
cycle time.
Correct Answer True
Your Answer True
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 False
Select The Blank
Question One of the ideas behind JIT is to
reduce fixed setup cost &
variable holding cost to
________ total cost
Correct Answer Drive down
Your Answer Reduce
Multiple Choice Single Answer
Question In 1996, the purchase of logistics
services by 3PL on behalf of their
client in billion dollars was :-
Correct Answer 25
Your Answer 25
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 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 The third party providers who can
________ the need of transition
from their focus on product
oriented services to new
strategies like long term business
partnerships will most likely enjoy
long term success.
Correct Answer Meet
Your Answer Arrange
True/False
Question In practice, the data items for
MPS will have normally same
value in each week.
Correct Answer False
Your Answer True
Select The Blank
Question The overtime cost per hour is
________ in minimal cost
strategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Single Answer
Question The levels at which long term
decisions are made is :-
Correct Answer Strategic
Your Answer Strategic
True/False
Question MRP package can be used to
examine, meeting the
predetermined production
schedule for chairs.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
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
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 In the supply chain , Material
flows :-
Correct Answer Downstream
Your Answer Downstream
Multiple Choice Multiple Answer
Question The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net
required , Planned order Release
, Projected sales
Your Answer Scheduled receipt , Projected net
required , Planned order Release
, Projected sales
Multiple Choice Multiple Answer
Question Risk a stock out can be faced
because of :-
Correct Answer Delay in resupply , Higher than
anticipated usage , Unpredictable
demand
Your Answer Delay in resupply , Higher than
anticipated usage , Unpredictable
demand
Select The Blank
Question The cheapest solution is to
simply ________ backorders to
built up over the planning period.
Correct Answer Allow
Your Answer Let
Multiple Choice Single Answer
Question In the field of IT enabled Supply
Chain, "TPS" means:-
Correct Answer Transaction Processing system
Your Answer Transaction Processing system
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 In the Japanese concept of total
productivity, for output they
embrace :-
Correct Answer Quantity , Quality , Delivery
Your Answer Quantity , Quality , Delivery
Select The Blank
Question By being able to postpone the
production to the point where
________ is better known, the
company can greatly improve its
forecasting abilities.
Correct Answer Demand
Your Answer Needs
Select The Blank
Question Category C items are relatively
unimportant inventory items &
are responsible for ________%
of inventory cost.
Correct Answer 5
Your Answer 5
Multiple Choice Multiple Answer
Question The inventory control systems
are :-
Correct Answer Two bin , Re-order cycle , Annual
demand
Your Answer Two bin , Re-order cycle ,
Monthly demand
Multiple Choice Single Answer
Question How many levels the supply
chain management is divided into
?
Correct Answer Three
Your Answer Three
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
True/False
Question General Co-ordination is the
integration of different function,
i.e. production planning,
purchasing, sales and
distribution.
Correct Answer True
Your Answer False
Multiple Choice Single Answer
Question Which is the tool Available with
the industry to learn the business
outside to plan the policy for
success?
Correct Answer Benchmarking
Your Answer TQM
Multiple Choice Single Answer
Question In the Supply Chain approach the
example for the Individual set of
Business activities is the :-
Correct Answer Logistics Activities
Your Answer Logistics Activities
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 Operation
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 Make Zero
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 ODETTE an EDI Format is
developed & used by
________motor Industry.
Correct Answer European
Your Answer European
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 Multiple Answer
Question The factors likely to generate
future business are :-
Correct Answer Integrated Logistics Function ,
Expertise In Information System
Your Answer Integrated Logistics Function ,
Expertise In Information System ,
Specialized Logistics Function

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Posted in: Supply Chain Management (Set - VII)