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Saturday, November 6, 2010

Supply Chain Management








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
Logistics

Multiple Choice Single Answer
Question
In the world class logistics study (Published in 1995) there is requirement of :-
Correct Answer
New SCM approach
Your Answer
New SCM approach

Multiple Choice Single Answer
Question
An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic response to :-
Correct Answer
Simulation Model
Your Answer
APIOBPCS

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
Reasonably

True/False
Question
Orders arrive in one batch with a known lead time arriving just as stock is exhausted.
Correct Answer
True
Your Answer
True

True/False
Question
To reconcile JIT and EOQ, we don’t take fixed setup cost and / or variable holding cost as fixed but seek to reduce them.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Total annual cost is the function that we want to ________ by choosing an appropriate value of quantity.
Correct Answer
Minimise
Your Answer
Minimise

True/False
Question
There may be a temptation to dismiss the Kaizen concept particularly suited to Japanese mentality.
Correct Answer
True
Your Answer
True

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

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

Select The Blank
Question
Supply chains consist of ________ of companies.
Correct Answer
Multiple Layers
Your Answer
Multiple Layers

Multiple Choice Multiple Answer
Question
The data entered for the problem scenario are :-
Correct Answer
Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product
Your Answer
Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product

True/False
Question
EDI helps in Performance Improvement.
Correct Answer
True
Your Answer
True

True/False
Question
Logistics must be treated as cost saving function.
Correct Answer
True
Your Answer
False

Select The Blank
Question
The retailers undertake Pareto Analysis routinely to ________ turnover of item.
Correct Answer
Compare
Your Answer
Calculate

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

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
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

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

Multiple Choice Single Answer
Question
The Central idea in supply chain is to focus on :-
Correct Answer
Key Metrics
Your Answer
Key Metrics

Multiple Choice Single Answer
Question
Which network between companies making different ingredients to many products can be charted?
Correct Answer
Supply network
Your Answer
Supply network

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

Multiple Choice Single Answer
Question
The decision to hire 3PL services appears to originate from :-
Correct Answer
Top Management
Your Answer
Top Management

Select The Blank
Question
The purpose of the analysis is to discern some relationship between Y1 values observed so far in order to ________ us to forecast future values of Y1.
Correct Answer
Enable
Your Answer
Enable

Multiple Choice Single Answer
Question
Just in Time means that items move through which system as & when they are needed?
Correct Answer
Production
Your Answer
Production

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

True/False
Question
Logistics must be treated as cost saving function.
Correct Answer
True
Your Answer
False

True/False
Question
JIT need to be applied to all stages of process.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
The mechanism by which material and information flows through supply chain, is known as :-
Correct Answer
Pipeline
Your Answer
Logistics

Multiple Choice Multiple Answer
Question
Following are some of the tools for Supply Chain Measurement :-
Correct Answer
Supply Chain cycle Time , Inventory Replenishment Cycle Time , Cash to cash cycle time
Your Answer
Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time

Match The Following
Question
Correct Answer
Your Answer
Capacity Utilization
This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested
It relates with the ability to perform the promised services with dependability and accuracy
Reliability
It relates with the ability to perform the promised services with dependability and accuracy
It relates to willingness to help customer and provide prompt service
Quality of operation
This relates to customer requirement & needs being consistently satisfied
This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested
Speed of operation
This is efficient use of time from order to delivery
This is related to production requirement and needs to be consistently satisfied

Select The Blank
Question
Simple method for Time series forecasting is to take a ________ Average.
Correct Answer
Moving
Your Answer
Moving

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 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 Multiple Answer
Question
In SCM metrics, Training means :-
Correct Answer
Inhouse training , APICS Membership , Certification Training
Your Answer
Inhouse training , APICS Membership , Certification Training

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
By delaying expensive operations & the point of product differentiation, enables company to maintain what portion of its inventories in cheaper form?
Correct Answer
Bulk
Your Answer
Bulk

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 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

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
Customer centric process

Multiple Choice Multiple Answer
Question
Which are the SMART goals?
Correct Answer
Specific , Measurable , Attainable
Your Answer
Specific , Measurable , Attainable

Match The Following
Question
Correct Answer
Your Answer
Seamless SCM
Towill
Burbidge
Value of Information
Glazer
Towill
Filtering
Del-Vecchio
Van Amstel
Industrial dynamics
Burbidge
Del-Vecchio

Select The Blank
Question
BOMs are structural ________ that changes relatively infrequently.
Correct Answer
Information
Your Answer
Information

Multiple Choice Single Answer
Question
Hiring cost per employee is:-
Correct Answer
Hiring cost
Your Answer
Hiring cost

Multiple Choice Single Answer
Question
The supply chain management is compared by " Cooper and Ellram" with :-
Correct Answer
Relay Team
Your Answer
Relay Team

Select The Blank
Question
ODETTE an EDI Format is developed & used by ________motor Industry.
Correct Answer
European
Your Answer
European

Multiple Choice Multiple Answer
Question
The advantages of changing from traditional adversarial approach to modern industrial relationship are advocated by :-
Correct Answer
MacBerth , Fergusson , Towill & Naim
Your Answer
MacBerth , Fergusson
Select The Blank
Question
Exponential smoothing can be viewed as forecast continually________ by the forecast error just made.
Correct Answer
Updated
Your Answer
Updated

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
The location decision in supply chain entities are concerned with:-
Correct Answer
Plants
Your Answer
Plants

True/False
Question
Postponement does guarantee win win situation under all circumstance in spite of cost involved.
Correct Answer
True
Your Answer
False

True/False
Question
The estimate is that the 3 PL industry will quadruple its size in next five years.
Correct Answer
False
Your Answer
True

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
True

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

Select The Blank
Question
We have criteria for ________ forecasts, however generalized they are.
Correct Answer
Distinguishing
Your Answer
Comparing

Multiple Choice Single Answer
Question
To achieve standardization & customization at the same time, what will have to be done with products?
Correct Answer
Develop new products with robust design
Your Answer
Improve regular product with better design

Multiple Choice Single Answer
Question
Which of the following has great impact on current business performance with respect to SCM?
Correct Answer
Right Customer
Your Answer
New Technology

Multiple Choice Single Answer
Question
How many levels the supply chain management is divided into ?
Correct Answer
Three
Your Answer
Three

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 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

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

Multiple Choice Multiple Answer
Question
JIT is :-
Correct Answer
Top Down system , Centrally organized , Imposed production system
Your Answer
Centrally organized , Imposed production system , Implement procurement system

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 possibility of using mathematical methods to obtain exact information on Question of interest.
Modeling
Is the process by which we try to gain the understanding of how the corresponding system behaves.
Is used to evaluate the impact of information sharing and Co-Ordination.
Simulation
Is the tool for understanding issues of organizational decision making.
Is the tool for understanding issues of organizational decision making.
System
Is the facility or process of interest.
Is the facility or process of interest.

True/False
Question
In practice, the data items for MPS will have normally same value in each week.
Correct Answer
False
Your Answer
True

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

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
Strategic

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 Multiple Answer
Question
What are the prerequisites for change while Switching over to SCM?
Correct Answer
Shared Vision , Capacity for Change , Pressure For the Change
Your Answer
Pressure For the Change , Capacity for Change , Outbound Training

True/False
Question
Total productivity can be expressed as the overall measure of economic effectiveness.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
The key in effective management of the firms transport strategy is :-
Correct Answer
Shipment Size , Routing , Scheduling of Equipment
Your Answer
Shipment Size , Routing , Scheduling of Equipment

Multiple Choice Single Answer
Question
Whose brilliance & strength of productivity management is to provide themselves being one step ahead?
Correct Answer
Japanese
Your Answer
Japanese

Multiple Choice Multiple Answer
Question
Japan management related elements of Kanban are methods in which following techniques are included & interlinked :-
Correct Answer
Teamwork , Quality circle , Continual development
Your Answer
Teamwork , Quality circle , Continual development

Match The Following
Question
Correct Answer
Your Answer
MSE
Mean Square Error
Mean Square Error
MSD
Mean Absolute deviation
Mean Absolute deviation
CFE
Cumulative forecast error
Cumulative forecast error
MAPE
Mean Absolute Error
Mean Average Percent error.

Select The Blank
Question
The reduced stock holding eliminates ________ of goods.
Correct Answer
Double Handling
Your Answer
Double Handling

Multiple Choice Single Answer
Question
What was introduced by Toyoto to have a method of controlling production in new environment?
Correct Answer
Kanban
Your Answer
JIT

Multiple Choice Multiple Answer
Question
The benefit of MRP is that the process is automated, hence it :-
Correct Answer
Is quicker , Is less error prone , Can easily take other items that go to make final assembly
Your Answer
Is quicker , Is less error prone , Can easily take other items that go to make final assembly

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
True

True/False
Question
For total productivity, the Japanese concentrate on the indicators of various elements rather than measuring the output input ratio.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
The data entered for the problem scenario are :-
Correct Answer
Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product
Your Answer
Capacity Unit of Planning Resourcing , Capacity Requirement per Product , Total Number of Planning Resources

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
Revised

Select The Blank
Question
BOM can have ________ levels.
Correct Answer
Many
Your Answer
Many

Multiple Choice Single Answer
Question
If the cash flow of organization is affected then it means that forecasts are :-
Correct Answer
Inaccurate
Your Answer
Inaccurate

True/False
Question
The corporations production Kanban is the card which regulates the suppliers production kanban.
Correct Answer
False
Your Answer
True

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

Select The Blank
Question
Total annual cost is the function that we want to ________ by choosing an appropriate value of quantity.
Correct Answer
Minimise
Your Answer
Keep on reducing

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 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
TQM & JIT

Select The Blank
Question
Kanban process ________ focuses on the human factors of production.
Correct Answer
Indirectly
Your Answer
Indirectly

True/False
Question
The globalization of supply chain does not change the requirement within supply chain management.
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
Components

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
The real benefits of Kanban will not be ________ until the auto-industry moves into a mixed production.
Correct Answer
Realized
Your Answer
Realized

Multiple Choice Single Answer
Question
The demand for one stop shopping has encouraged some of the large companies to set up their own :-
Correct Answer
Logistics Companies
Your Answer
Warehousing Companies

Multiple Choice Single Answer
Question
The third party logistics companies' capabilities are the result of extensive investment in :-
Correct Answer
Technology
Your Answer
Technology
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 Single Answer
Question
In both marking stock and order, which cost is incurred?
Correct Answer
Stock acquisition
Your Answer
Inventory

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
ERP

True/False
Question
Backorder means an unfilled customer order.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
JIT is a system based on what usage- parts of production system which are linked together?
Correct Answer
Actual
Your Answer
Actual

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
Internet cyber law , Time that message will be retained , Procedure for settling any dispute

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
Consumables

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
Use their experience , Use their expert judgment , Use their Knowledge

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
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
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
85 in week 1 , 90 in week 3 , 60 in week 4

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

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 Single Answer
Question
JIT was initially known as what production system?
Correct Answer
Toyoto
Your Answer
Toyoto

Select The Blank
Question
Japanese logistics performance and its ________ are paramount priorities in their business environment.
Correct Answer
Effectiveness
Your Answer
Effectiveness

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
The mechanism by which material and information flows through supply chain, is known as :-
Correct Answer
Pipeline
Your Answer
Pipeline

Select The Blank
Question
BOMs are structural ________ that changes relatively infrequently.
Correct Answer
Information
Your Answer
Information

Multiple Choice Multiple Answer
Question
The consequence of longer lead time will often be :-
Correct Answer
Less Dependability , Reduce Production Facility , Higher Levels Of Inventory
Your Answer
Less Dependability , Reduce Production Facility , Higher Levels Of Inventory

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

Multiple Choice Multiple Answer
Question
Postponement benefits are :-
Correct Answer
Increased sales , Lower inventory holding cost , Lower scrap cost
Your Answer
Increased sales , Lower inventory holding cost , Lower scrap cost

Multiple Choice Multiple Answer
Question
JIT is a suitable production system, when :-
Correct Answer
A reasonable number of units made , A product is of high value , Setup time on machine is short
Your Answer
A reasonable number of units made , A product is of high value , Setup time on machine is short

Multiple Choice Multiple Answer
Question
In SCM metrics, customer measurements are :-
Correct Answer
Order Fill Rate , Backorder Levels , On Time Delivery
Your Answer
Cycle Time , Order Fill Rate , Backorder Levels

True/False
Question
JIT/TQM are the tools for SCM.
Correct Answer
True
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Towill
1996
1996
Forrester
1960
1960
Amstel
1990
1990
Whiteoak
1994
1994

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
Kanban was originally developed for which company as a way of managing material flow in the assembly line?
Correct Answer
Toyota
Your Answer
Toyota

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

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
True

True/False
Question
With respect to Procter & Gamble, only way to success is law of industrial dynamics.
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
Moving

Select The Blank
Question
The cheapest solution is to simply ________ backorders to built up over the planning period.
Correct Answer
Allow
Your Answer
Allow

Multiple Choice Single Answer
Question
Different machines were clustered together to eliminate :
Correct Answer
Transportation of item
Your Answer
Movement of workers

True/False
Question
There may be a temptation to dismiss the Kaizen concept particularly suited to Japanese mentality.
Correct Answer
True
Your Answer
False

Multiple Choice Single Answer
Question
According to Ducker, Customer focus oriented logistics must be treated as :-
Correct Answer
Cost saving Function
Your Answer
Cost saving Function

Select The Blank
Question
It is often important to conduct ________ analysis in MRP.
Correct Answer
What-if
Your Answer
What-if

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 factors likely to generate future business are :-
Correct Answer
Integrated Logistics Function , Expertise In Information System
Your Answer
Expertise In Information System , Specialized Logistics Function , Increase in reach to clients

Multiple Choice Multiple Answer
Question
The information Enriched simulation Model is based on :-
Correct Answer
Automatic Pipeline Inventory , OBPCS , Traditional Model
Your Answer
Automatic Pipeline Inventory , OBPCS , Traditional Model

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
Organisation

Select The Blank
Question
The safety stock penalty of fixed re-order cycle methods ________, as stock usage value & demand variability rise.
Correct Answer
Worsens
Your Answer
Deteriorates

Select The Blank
Question
Suppliers agree to give customer ________ plans to cope with disruption.
Correct Answer
Contingency
Your Answer
Contingency

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

Select The Blank
Question
For the good result, supply chain require to be very ________.
Correct Answer
Transparent
Your Answer
Transparent

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 , Information & IT system

Multiple Choice Single Answer
Question
Historically economic techniques/methods tend to have large forecasting errors, for which term?
Correct Answer
Medium
Your Answer
Medium

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 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
coding system , The EDI that is to be employed , The Network that is to be used

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
Often

Select The Blank
Question
BOMs are structural ________ that changes relatively infrequently.
Correct Answer
Information
Your Answer
Information

True/False
Question
The key to integration is co-ordination.
Correct Answer
True
Your Answer
True

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 Single Answer
Question
The concept of unfilled customer order as a measurement is known as :-
Correct Answer
A backorder
Your Answer
A backorder

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
Master production schedule helps to improve the performance of the value flow across the :-
Correct Answer
Supply chain
Your Answer
Supply chain

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

Multiple Choice Multiple Answer
Question
The realignment of processing includes :-
Correct Answer
Order taking , Purchasing , Manufacturing
Your Answer
Order taking , Purchasing , Manufacturing

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

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

Multiple Choice Multiple Answer
Question
Which of the following are the modes of transport?
Correct Answer
Rail , Ocean , Air
Your Answer
Air , Rail , Ocean

True/False
Question
JIT need to be applied to all stages of process.
Correct Answer
True
Your Answer
True

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

True/False
Question
Distribution & Warehousing comes under supply chain measurement.
Correct Answer
True
Your Answer
True

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
Simple method for Time series forecasting is to take a ________ Average.
Correct Answer
Moving
Your Answer
Moving

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
Use their experience , Use their expert judgment , Use their Knowledge

Select The Blank
Question
The Function for EDI software is message tracking and ________.
Correct Answer
Audit Trail
Your Answer
Audit Trail

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
Sales

Select The Blank
Question
If demand is known & steady, then ________ inventory can be estimated.
Correct Answer
Average
Your Answer
Total

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
Organisation

Multiple Choice Single Answer
Question
The levels at which long term decisions are made is :-
Correct Answer
Strategic
Your Answer
Strategic

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
What is Supply Chain?
Correct Answer
Network of Facility & Distribution
Your Answer
Network of Facility & Distribution

Multiple Choice Single Answer
Question
The third party logistics companies' capabilities are the result of extensive investment in :-
Correct Answer
Technology
Your Answer
Technology

Select The Blank
Question
Kanban is not a magic bullet, it is rather an organizational shift towards ________ of responsibility.
Correct Answer
Decentralization
Your Answer
Decentralization

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

Select The Blank
Question
The cheapest solution is to simply ________ backorders to built up over the planning period.
Correct Answer
Allow
Your Answer
Disallow

True/False
Question
EDI helps in Performance Improvement.
Correct Answer
True
Your Answer
True

Select The Blank
Question
Market sales data is the ________ for the whole supply chain.
Correct Answer
Information catalyst
Your Answer
Information catalyst

Multiple Choice Single Answer
Question
In the supply chain , Material flows :-
Correct Answer
Downstream
Your Answer
Downstream

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
How many centers to have? , Location of centres , Size of centres

Multiple Choice Single Answer
Question
By delaying expensive operations & the point of product differentiation, enables company to maintain what portion of its inventories in cheaper form?
Correct Answer
Bulk
Your Answer
Bulk

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
135

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

Multiple Choice Single Answer
Question
The calculations of forecasting methods are :-
Correct Answer
Tedious
Your Answer
Tedious

Multiple Choice Multiple Answer
Question
The media for EDI communication are :-
Correct Answer
LAN , Magnetic Tape/ Internet , Direct Data communication Link
Your Answer
LAN , Magnetic Tape/ Internet , Direct Data communication Link

Multiple Choice Multiple Answer
Question
In MRP II, the concentration is on planning of the manufacturing resources like :-
Correct Answer
People , Machines , Storage
Your Answer
People , Machines , Storage

Multiple Choice Multiple Answer
Question
If the demand forecast is accurate then consequently which of the following will be accurate?
Correct Answer
Master Production Schedule , Material Requirement Planning , Production planning
Your Answer
Master Production Schedule , Material Requirement Planning , Production planning

True/False
Question
The constant m is called smoothing constant in single exponentially smoothing.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Linear Programming is generalized way of what type of modeling decision?
Correct Answer
Problem
Your Answer
Strategy

True/False
Question
The simulation model can not be related to the beer game heuristics described by Sterman.
Correct Answer
False
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
False

True/False
Question
Entities in a supply chain may belong to different organization within different companies.
Correct Answer
False
Your Answer
True

Select The Blank
Question
Most real world systems are too complex to allow realistic models to be ________ analytically.
Correct Answer
Evaluated
Your Answer
Tried
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
Strategic

Select The Blank
Question
Exponential smoothing can be viewed as forecast continually________ by the forecast error just made.
Correct Answer
Updated
Your Answer
Updated

True/False
Question
In practice, the data items for MPS will have normally same value in each week.
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
Plants

Select The Blank
Question
Kanban process ________ focuses on the human factors of production.
Correct Answer
Indirectly
Your Answer
Indirectly

Select The Blank
Question
ODETTE an EDI Format is developed & used by ________motor Industry.
Correct Answer
European
Your Answer
European

Multiple Choice Single Answer
Question
The number of weeks taken for ordering material at beginning till the finished products reach customer in the apperal industry as per Flaherty report is:-
Correct Answer
58.5 weeks
Your Answer
58.5 weeks

Select The Blank
Question
The recent development within information technology and software Engineering gives ________ opportunity for Integration and Co-ordination.
Correct Answer
Unprecedented
Your Answer
Unlimited

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
The demand for one stop shopping has encouraged some of the large companies to set up their own :-
Correct Answer
Logistics Companies
Your Answer
Logistics Companies

Multiple Choice Multiple Answer
Question
The various basic logistics productivity ratios can be used to control elements such as :-
Correct Answer
Transportation , Customer Service , Warehousing
Your Answer
Warehousing , Transportation , Customer Service

Multiple Choice Multiple Answer
Question
Following results are possible only & only if organisation goes for Supply chain Priorities:-
Correct Answer
On Time Delivery , Reduce Inventory Cost , More Revenue
Your Answer
On Time Delivery , Reduce Inventory Cost , More Revenue

True/False
Question
NFW means Net financial assets in the private sector.
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
Drive down

True/False
Question
The visual record process is only a sub-process in Japanese Kanban Management system.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Which are the things that organisation must review for the Strategic Outsourcing?
Correct Answer
Present Status , Environment , Internal structures
Your Answer
Present Status , Environment , Internal structures

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

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
Logistics

Multiple Choice Multiple Answer
Question
The advantages of Kanban system are :-
Correct Answer
A simple system , Provides quick & precise information , Low cost associated with the transfer of information
Your Answer
Low cost associated with the transfer of information , A simple system , Provides quick & precise information

Multiple Choice Single Answer
Question
Today's supply chain are very complicated to be controlled based on intution, hence what is necessary to have statistical data on the performance of supply chain?
Correct Answer
Access
Your Answer
Access

Multiple Choice Single Answer
Question
To implement Just In Time Strategy is to have planning of production and Inventory:-
Correct Answer
Perfect
Your Answer
Perfect

True/False
Question
The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among shippers.
Correct Answer
False
Your Answer
False

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 , On the job training procedures

Multiple Choice Multiple Answer
Question
Most computer peripheral manufacturers have built one plant for major market places like:-
Correct Answer
Europe , America , Asia
Your Answer
America , Asia , Europe

True/False
Question
MRP typically takes into account the capacity consideration.
Correct Answer
True
Your Answer
False

Multiple Choice Multiple Answer
Question
The factors that are to be taken into consideration for the suitability of the Kanban for any nation are :-
Correct Answer
Firm , Cultural differences , External dimensions of nation business
Your Answer
Firm , Cultural differences , External dimensions of nation business

Select The Blank
Question
According the example, for minimal cost, the number of initial workers considered is ________
Correct Answer
10
Your Answer
10

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
Components

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
Customer centric process

Select The Blank
Question
The value of m reflects the weight given to the current observation in ________ the exponentially smoothed moving average for the specified period.
Correct Answer
Calculating
Your Answer
Calculating

Match The Following
Question
Correct Answer
Your Answer
Planned order release
When we need to release the planned orders having regard to lead time required
When we need to release the planned orders having regard to lead time required
Projected on hand
What the inventory level will be if we produce according to plan above & demand forecast is correct
What the inventory level will be if we produce according to plan above & demand forecast is correct
Projected net requirement
What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs
What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs
Planned order receipt
What we will receive each period as a result of planned orders
What we will receive each period as a result of planned orders

True/False
Question
EDI helps in Just In Time for manufacturing.
Correct Answer
True
Your Answer
True

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 master production schedule, the aim of any organization is to have fixed period as possible to have market driven :-
Correct Answer
Production
Your Answer
Production

Multiple Choice Multiple Answer
Question
The benefit of MRP is that the process is automated, hence it :-
Correct Answer
Is quicker , Is less error prone , Can easily take other items that go to make final assembly
Your Answer
Is quicker , Is less error prone , Can easily take other items that go to make final assembly

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 decision on mode of transport are influenced by geographical placements of :-
Correct Answer
Plants & Warehouse
Your Answer
Plants & Warehouse

Multiple Choice Single Answer
Question
Which of the following has great impact on current business performance with respect to SCM?
Correct Answer
Right Customer
Your Answer
Right Customer

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

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 optimized

Multiple Choice Single Answer
Question
According to Ducker, Customer focus oriented logistics must be treated as :-
Correct Answer
Cost saving Function
Your Answer
Cost saving Function

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 possibility of using mathematical methods to obtain exact information on Question of interest.
Modeling
Is the process by which we try to gain the understanding of how the corresponding system behaves.
Is the process by which we try to gain the understanding of how the corresponding system behaves.
Simulation
Is the tool for understanding issues of organizational decision making.
Is the tool for understanding issues of organizational decision making.
System
Is the facility or process of interest.
Is the facility or process of interest.

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 Single Answer
Question
The supply chain management is compared by " Cooper and Ellram" with :-
Correct Answer
Relay Team
Your Answer
Relay Team

Multiple Choice Multiple Answer
Question
JIT is :-
Correct Answer
Top Down system , Centrally organized , Imposed production system
Your Answer
Top Down system , Centrally organized , Imposed production system

Multiple Choice Single Answer
Question
The level to which supply chain management are often said to belong to is:-
Correct Answer
Tactical
Your Answer
Tactical

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
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 Multiple Answer
Question
JIT philosophy has following features :-
Correct Answer
Continuous improvement always striving to improve , Elimination of waste in many forms , Belief that ordering / holding cost can be reduced
Your Answer
Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve

Multiple Choice Single Answer
Question
JIT was initially known as what production system?
Correct Answer
Toyoto
Your Answer
Toyoto

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

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 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 , Procurement

True/False
Question
The constant m is called smoothing constant in single exponentially smoothing.
Correct Answer
True
Your Answer
True

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

Select The Blank
Question
The overtime cost per hour is ________ in minimal cost strategy.
Correct Answer
£ 25
Your Answer
£ 20

Select The Blank
Question
________ demand is converted into order information and passed down through the supply chain to trigger product release to the customer.
Correct Answer
End Consumer
Your Answer
End Consumer

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
Maintain it

True/False
Question
The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among shippers.
Correct Answer
False
Your Answer
True

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

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

Multiple Choice Single Answer
Question
Today's supply chain are very complicated to be controlled based on intution, hence what is necessary to have statistical data on the performance of supply chain?
Correct Answer
Access
Your Answer
Access

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

Multiple Choice Single Answer
Question
Master production schedule helps to improve the performance of the value flow across the :-
Correct Answer
Supply chain
Your Answer
Supply chain

Multiple Choice Single Answer
Question
The most relevant measures for capital input is that of :-
Correct Answer
Replacement cost
Your Answer
Re-investment cost

Multiple Choice Multiple Answer
Question
The realignment of processing includes :-
Correct Answer
Order taking , Purchasing , Manufacturing
Your Answer
Order taking , Purchasing , Manufacturing

Select The Blank
Question
The indirect cost increase has the consequent ________ the infrastructure & resources.
Correct Answer
Impacts on
Your Answer
Impacts on

Multiple Choice Multiple Answer
Question
In MRP II, the concentration is on planning of the manufacturing resources like :-
Correct Answer
People , Machines , Storage
Your Answer
People , Machines , Storage

True/False
Question
Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce.
Correct Answer
True
Your Answer
True

Select The Blank
Question
A ________ is an unfilled customer order.
Correct Answer
Backorder
Your Answer
Backorder

Multiple Choice Single Answer
Question
The levels at which long term decisions are made is :-
Correct Answer
Strategic
Your Answer
Strategic

Multiple Choice Single Answer
Question
Just in Time means that items move through which system as & when they are needed?
Correct Answer
Production
Your Answer
Production

Multiple Choice Multiple Answer
Question
To forecast the date of death the knowledge of the following is necessary :-
Correct Answer
Life expectancy of Middle age , Medical test data on persons , His Living Style
Your Answer
Life expectancy of Middle age , Medical test data on persons

Select The Blank
Question
The strength of postponement lies in its wide ________ as speed becomes more important capability.
Correct Answer
Applicability
Your Answer
Applicability

Match The Following
Question
Correct Answer
Your Answer
Order Processing
Material Follow-up
Material Processing and Supply
Order Picking
Material Collection
Material Collection
Order Consolidation
Material Follow-up and Collection
Material Follow-up and Collection

True/False
Question
SCM is infact a great big distributed application spanning across several firms.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
The survey of manufacturing and service industries in parts of Europe and its analysis of survey shows that the pattern of respondent's use of measure in overall use and in logistics are :-
Correct Answer
Similar
Your Answer
Different

Multiple Choice Multiple Answer
Question
The modeling approaches are :-
Correct Answer
Network Design , Rough Cut Method , Simulation Based
Your Answer
Network Design , Rough Cut Method , Simulation Based

Select The Blank
Question
The value of m reflects the weight given to the current observation in ________ the exponentially smoothed moving average for the specified period.
Correct Answer
Calculating
Your Answer
Calculating

Multiple Choice Single Answer
Question
How many weeks is the lead time between releasing an order to shop floor & producing a finished good?
Correct Answer
2
Your Answer
6

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
Demand

True/False
Question
Lead Time, Order control and Stock levels reduction are the variables in SCM model.
Correct Answer
True
Your Answer
True

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
Production cost

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
Often

Multiple Choice Single Answer
Question
According to Van Hoek contribution to Customisation of individual logistics saving supplier can be expanded by :-
Correct Answer
Upstream Integration
Your Answer
Downstream Integration

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
To increase flexibility on production line what will have to be done with setup & change overtimes?
Correct Answer
Decrease
Your Answer
Decrease

Multiple Choice Multiple Answer
Question
The competitive priorities in operations strategy are :-
Correct Answer
Cost , Quality , Time
Your Answer
Quality , 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
Following results are possible only & only if organisation goes for Supply chain Priorities:-
Correct Answer
On Time Delivery , Reduce Inventory Cost , More Revenue
Your Answer
On Time Delivery , Reduce Inventory Cost , More Revenue

Select The Blank
Question
The safety stock penalty of fixed re-order cycle methods ________, as stock usage value & demand variability rise.
Correct Answer
Worsens
Your Answer
Worsens

True/False
Question
Another aspect of Toyoto production system was reduction of setup time.
Correct Answer
True
Your Answer
True

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
NFW means Net financial assets in the private sector.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
Kanban was originally developed for which company as a way of managing material flow in the assembly line?
Correct Answer
Toyota
Your Answer
Toyota
Multiple Choice Single Answer
Question
The advantages of changing from traditional adversarial approach to modern industrial relationship are advocated by :-
Correct Answer
MacBerth and Ferguson
Your Answer
MacBerth and Ferguson

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
Operational responsiveness , Level of risk involved given variable supply

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
Within the newly arranged factory floor, workers were encouraged to be the :-
Correct Answer
Members of team
Your Answer
Members of production team

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
In SCM metrics, customer measurements are :-
Correct Answer
Order Fill Rate , Backorder Levels , On Time Delivery
Your Answer
Order Fill Rate , Backorder Levels , On Time Delivery

Multiple Choice Single Answer
Question
What is Supply Chain?
Correct Answer
Network of Facility & Distribution
Your Answer
Network of Facility & Distribution

Select The Blank
Question
It is often important to conduct ________ analysis in MRP.
Correct Answer
What-if
Your Answer
What-required

Multiple Choice Multiple Answer
Question
JIT is a suitable production system, when :-
Correct Answer
A reasonable number of units made , A product is of high value , Setup time on machine is short
Your Answer
A reasonable number of units made , A product is of high value , Setup time on machine is short

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
True

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

Select The Blank
Question
Indirect cost increases can be caused by changes in the ________ and distribution process.
Correct Answer
Production
Your Answer
Logistics

True/False
Question
Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce.
Correct Answer
True
Your Answer
True

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
Postponement does guarantee win win situation under all circumstance in spite of cost involved.
Correct Answer
True
Your Answer
True

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
Consumed

Multiple Choice Multiple Answer
Question
MRP II package will include following features :-
Correct Answer
Easy what-if analysis , Cost information , Management reports
Your Answer
Cost information , Management reports , Easy what-if analysis

Select The Blank
Question
Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________ sourcing initiative.
Correct Answer
partnership
Your Answer
partnership

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
Pull Base System

True/False
Question
The Cards Transport Kanban & Production Kanban have to be used simultaneously in a production process.
Correct Answer
False
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
Planned order release
When we need to release the planned orders having regard to lead time required
What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs
Projected on hand
What the inventory level will be if we produce according to plan above & demand forecast is correct
When we need to release the planned orders having regard to lead time required
Projected net requirement
What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs
What we will each period as a receive of purchased orders
Planned order receipt
What we will receive each period as a result of planned orders
What we will receive each period as a result of planned orders

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
Realized

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

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
Percentage Wide Management

Select The Blank
Question
________ is activity which is outsourced by most of Indian companies.
Correct Answer
Warehousing
Your Answer
Warehousing

Multiple Choice Single Answer
Question
In both marking stock and order, which cost is incurred?
Correct Answer
Stock acquisition
Your Answer
Logistics

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
Stock out ratio
Is comparison of % of demand actually satisfied with the defined service
Is % probability of stock availability to meet demands
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 comparison of % of demand actually satisfied with the defined service
ABC Analysis
Can be used to classify stock groups
Can be used to classify stock groups

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
Supply

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
Keep reducing

True/False
Question
Distribution & Warehousing comes under supply chain measurement.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Following results are possible only & only if organisation goes for Supply chain Priorities:-
Correct Answer
On Time Delivery , Reduce Inventory Cost , More Revenue
Your Answer
On Time Delivery , Reduce Inventory Cost , More Revenue

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 improvement

True/False
Question
Another aspect of Toyoto production system was reduction of setup time.
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

Multiple Choice Multiple Answer
Question
If the demand forecast is accurate then consequently which of the following will be accurate?
Correct Answer
Master Production Schedule , Material Requirement Planning , Production planning
Your Answer
Master Production Schedule , Material Requirement Planning , Production planning

Select The Blank
Question
The 3 PL must overcome some problems about the perception among companies that third parties have________ their job.
Correct Answer
Over promised but under delivered.
Your Answer
Under promised but delivered

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
The MRP II new installation in ICI Agrochemicals had the change in:-
Correct Answer
Inventory records
Your Answer
Inventory records

Select The Blank
Question
The reduced stock holding eliminates ________ of goods.
Correct Answer
Double Handling
Your Answer
Double Handling

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
How many centers to have? , Location of centres , Size of centres

True/False
Question
Logistics covers 90% cost of manufacturing.
Correct Answer
False
Your Answer
True

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 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

Multiple Choice Single Answer
Question
The concept of unfilled customer order as a measurement is known as :-
Correct Answer
A backorder
Your Answer
A backorder

Multiple Choice Single Answer
Question
Almost 50% of Indian industries are using which of the following concepts?
Correct Answer
TQM
Your Answer
CAD/CAM

True/False
Question
Total productivity appears the only relevant productivity measure for decision making purpose.
Correct Answer
True
Your Answer
True
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
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
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
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
True/False
Question The economic order quantity is the order quantity that minimizes
total cost.
Correct Answer True
Your Answer True
Select The Blank
Question The models that describe operational decisions are often very
________ in nature.
Correct Answer Specific
Your Answer Specific
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 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
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
Multiple Choice Multiple Answer
Question The consequence of longer lead time will often be :-
Correct Answer Less Dependability , Reduce Production Facility , Higher Levels
Of Inventory
Your Answer Less Dependability , Reduce Production Facility , Higher Levels
Of Inventory
Multiple Choice Single Answer
Question Delaying the component production until shortly before demand
is known, may imply producing in :-
Correct Answer Small batches
Your Answer Small batches
Match The Following
Question Correct Answer Your Answer
Planned order release When we need to release
the planned orders having
regard to lead time
required
What we will receive each
period as a result of
planned orders
Projected on hand What the inventory level
will be if we produce
according to plan above &
demand forecast is correct
What we will each period
as a receive of purchased
orders
Projected net requirement What we will need in each
period to avoid stock out
i.e. the orders that should
be placed in order to avoid
such stock outs
When we need to release
the planned orders having
regard to lead time
required
Planned order receipt What we will receive each
period as a result of
planned orders
What we will need in each
period to avoid stock out
i.e. the orders that should
be placed in order to avoid
such stock outs
Multiple Choice Single Answer
Question What was introduced by Toyoto to have a method of controlling
production in new environment?
Correct Answer Kanban
Your Answer Kanban
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 Given
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 ________ demand is converted into order information and
passed down through the supply chain to trigger product release
to the customer.
Correct Answer End Consumer
Your Answer Market
True/False
Question A two bin system is not appropriate with many stock items.
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
Select The Blank
Question Suppliers are ________ to JIT business.
Correct Answer Crucial
Your Answer Important
Select The Blank
Question The value of m reflects the weight given to the current
observation in ________ the exponentially smoothed moving
average for the specified period.
Correct Answer Calculating
Your Answer Finalizing
Multiple Choice Single Answer
Question Order cost is derived from the number of order placed multiplied
by the cost of:-
Correct Answer Placing an order
Your Answer Placing an order
True/False
Question Another aspect of Toyoto production system was reduction of
setup time.
Correct Answer True
Your Answer True
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
True/False
Question NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer True
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
Multiple Choice Single Answer
Question Which of the following is the cost in the supply contract?
Correct Answer Researching & negotiating
Your Answer Researching & negotiating
True/False
Question Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer True
Select The Blank
Question As compared to minimal cost strategy the level strategy is
________.
Correct Answer Cheaper
Your Answer Simple
Match The Following
Question Correct Answer Your Answer
Towill 1996 1996
Forrester 1960 1947
Amstel 1990 1960
Whiteoak 1994 1990
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 The result of all the factors is that there is not a single integrated
plan for the :-
Correct Answer Organisation
Your Answer Organisation
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 , On the job training
procedures
True/False
Question In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question In MRP II, the concentration is on planning of the manufacturing
resources like :-
Correct Answer People , Machines , Storage
Your Answer People , Machines , Storage
Select The Blank
Question BOM can have ________ levels.
Correct Answer Many
Your Answer Two
Multiple Choice Single Answer
Question Historically economic techniques/methods tend to have large
forecasting errors, for which term?
Correct Answer Medium
Your Answer Short
Multiple Choice Multiple Answer
Question Following are the functions of EDI software :-
Correct Answer Interfacing with VADS , Trading Partner Database , Encryption of
EDI Message
Your Answer Interfacing with VADS , Trading Partner Database , Encryption of
EDI Message
Multiple Choice Single Answer
Question The concept of unfilled customer order as a measurement is
known as :-
Correct Answer A backorder
Your Answer Reverse order
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
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
Select The Blank
Question The purpose of the analysis is to discern some relationship
between Y1 values observed so far in order to ________ us to
forecast future values of Y1.
Correct Answer Enable
Your Answer Enable
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
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 Meeting
Select The Blank
Question The multi plant co-ordination is to coordinate the ________ plans
of several plants.
Correct Answer Production
Your Answer Supply chain
Multiple Choice Single Answer
Question The Combination of integrated & Non-integrated measures may
allow PLAYER in supply chain to assess :-
Correct Answer Chain as a whole
Your Answer Chain as a whole
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 not met
True/False
Question Defects per million opportunities(DPMO) is concept of Four
Sigma.
Correct Answer False
Your Answer True
True/False
Question The visual record process is only a sub-process in Japanese
Kanban Management system.
Correct Answer True
Your Answer False
Multiple Choice Single Answer
Question In a traditional informational pipeline supply chain player always
received order information from :-
Correct Answer Consumer
Your Answer Wholesaler
Select The Blank
Question Exponential smoothing can be viewed as forecast
continually________ by the forecast error just made.
Correct Answer Updated
Your Answer Improved
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
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
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
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,
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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
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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
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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
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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
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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
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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
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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
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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
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.
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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
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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
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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
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
True/False
Question The economic order quantity is the order quantity that minimizes
total cost.
Correct Answer True
Your Answer True
Select The Blank
Question The models that describe operational decisions are often very
________ in nature.
Correct Answer Specific
Your Answer Specific
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 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
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
Multiple Choice Multiple Answer
Question The consequence of longer lead time will often be :-
Correct Answer Less Dependability , Reduce Production Facility , Higher Levels
Of Inventory
Your Answer Less Dependability , Reduce Production Facility , Higher Levels
Of Inventory
Multiple Choice Single Answer
Question Delaying the component production until shortly before demand
is known, may imply producing in :-
Correct Answer Small batches
Your Answer Small batches
Match The Following
Question Correct Answer Your Answer
Planned order release When we need to release
the planned orders having
regard to lead time
required
What we will receive each
period as a result of
planned orders
Projected on hand What the inventory level
will be if we produce
according to plan above &
demand forecast is correct
What we will each period
as a receive of purchased
orders
Projected net requirement What we will need in each
period to avoid stock out
i.e. the orders that should
be placed in order to avoid
such stock outs
When we need to release
the planned orders having
regard to lead time
required
Planned order receipt What we will receive each
period as a result of
planned orders
What we will need in each
period to avoid stock out
i.e. the orders that should
be placed in order to avoid
such stock outs
Multiple Choice Single Answer
Question What was introduced by Toyoto to have a method of controlling
production in new environment?
Correct Answer Kanban
Your Answer Kanban
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 Given
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 ________ demand is converted into order information and
passed down through the supply chain to trigger product release
to the customer.
Correct Answer End Consumer
Your Answer Market
True/False
Question A two bin system is not appropriate with many stock items.
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
Select The Blank
Question Suppliers are ________ to JIT business.
Correct Answer Crucial
Your Answer Important
Select The Blank
Question The value of m reflects the weight given to the current
observation in ________ the exponentially smoothed moving
average for the specified period.
Correct Answer Calculating
Your Answer Finalizing
Multiple Choice Single Answer
Question Order cost is derived from the number of order placed multiplied
by the cost of:-
Correct Answer Placing an order
Your Answer Placing an order
True/False
Question Another aspect of Toyoto production system was reduction of
setup time.
Correct Answer True
Your Answer True
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
True/False
Question NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer True
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
Multiple Choice Single Answer
Question Which of the following is the cost in the supply contract?
Correct Answer Researching & negotiating
Your Answer Researching & negotiating
True/False
Question Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer True
Select The Blank
Question As compared to minimal cost strategy the level strategy is
________.
Correct Answer Cheaper
Your Answer Simple
Match The Following
Question Correct Answer Your Answer
Towill 1996 1996
Forrester 1960 1947
Amstel 1990 1960
Whiteoak 1994 1990
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 The result of all the factors is that there is not a single integrated
plan for the :-
Correct Answer Organisation
Your Answer Organisation
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 , On the job training
procedures
True/False
Question In industries where it is particularly difficult to match supply can
benefit the most from implementing a postpone system.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question In MRP II, the concentration is on planning of the manufacturing
resources like :-
Correct Answer People , Machines , Storage
Your Answer People , Machines , Storage
Select The Blank
Question BOM can have ________ levels.
Correct Answer Many
Your Answer Two
Multiple Choice Single Answer
Question Historically economic techniques/methods tend to have large
forecasting errors, for which term?
Correct Answer Medium
Your Answer Short
Multiple Choice Multiple Answer
Question Following are the functions of EDI software :-
Correct Answer Interfacing with VADS , Trading Partner Database , Encryption of
EDI Message
Your Answer Interfacing with VADS , Trading Partner Database , Encryption of
EDI Message
Multiple Choice Single Answer
Question The concept of unfilled customer order as a measurement is
known as :-
Correct Answer A backorder
Your Answer Reverse order
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
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
Select The Blank
Question The purpose of the analysis is to discern some relationship
between Y1 values observed so far in order to ________ us to
forecast future values of Y1.
Correct Answer Enable
Your Answer Enable
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
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 Meeting
Select The Blank
Question The multi plant co-ordination is to coordinate the ________ plans
of several plants.
Correct Answer Production
Your Answer Supply chain
Multiple Choice Single Answer
Question The Combination of integrated & Non-integrated measures may
allow PLAYER in supply chain to assess :-
Correct Answer Chain as a whole
Your Answer Chain as a whole
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 not met
True/False
Question Defects per million opportunities(DPMO) is concept of Four
Sigma.
Correct Answer False
Your Answer True
True/False
Question The visual record process is only a sub-process in Japanese
Kanban Management system.
Correct Answer True
Your Answer False
Multiple Choice Single Answer
Question In a traditional informational pipeline supply chain player always
received order information from :-
Correct Answer Consumer
Your Answer Wholesaler
Select The Blank
Question Exponential smoothing can be viewed as forecast
continually________ by the forecast error just made.
Correct Answer Updated
Your Answer Improved





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