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Supply Chain Mangement code 141
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer Question Which of the following are the modes of transport?
Correct Answer
Ocean , Air , Rail
Your Answer Air , Rail , Ocean
True/False Question The economic order quantity is the order quantity that
minimizes total cost. Correct Answer
True
Your Answer False
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 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 A simple system , Provides quick & precise information , Low cost associated with the transfer of information
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
True/False Question Postponement does guarantee win win situation under all
circumstance in spite of cost involved. Correct Answer
True
Your Answer False
Multiple Choice Single Answer Question What is the advantage of IT for monitoring the supply chain
performance?
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Correct Answer
Statistics is generated
Your Answer Statistics is generated
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
Multiple Choice Multiple Answer Question The information Enriched comprises of:-
Correct Answer
Consumer Habits , Habit frequency , Future dispatch fluctuation
Your Answer Consumer Habits , Habit frequency , Future dispatch fluctuation
Match The FollowingQuestion Correct Answer Your Answer
Developing corrective action establishes
That the effort should be carefully organized else success will not be achieved
That the effort should be carefully organized else success will not be achieved
Random cycle counting establishes
Whether or not conformance to expectation is present
Whether or not conformance to expectation is present
Counting the control group establishes
The physical quantity available
The physical quantity available
Comparing the counts to records establishes
The comparing physical count to computer records
The comparing physical count to computer records
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
Select The Blank Question The retailers undertake Pareto Analysis routinely to
________ turnover of item. Correct Answer
Compare
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Your Answer Predict
Multiple Choice Multiple Answer Question Products, with highly unpredictable levels of demand, high
criticality, must hold high levels of stock and thereby allowing safety margins for :-
Correct Answer
Delivery , Lead time , Demand Fluctuation
Your Answer Delivery , Lead time , Demand Fluctuation
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
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 Another aspect of Toyoto production system was reduction of
setup time. Correct Answer
True
Your Answer True
True/False Question JIT is not a dynamic system.
Correct Answer
True
Your Answer False
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches are methods
Which facilitate concise review & at the same time attempt to accommodate the above polarity.
Which facilitate concise review & at the same time attempt to accommodate the above polarity.
Rough cut methods give guiding policies
For the operation decisions.
Give guiding policies for strategic decisions.
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Supply Chain Mangement code 141
Network design methods For the most part give normative models for more strategic decisions.
Give normative models for more operator decisions.
Simulation is the method by which
A comprehensive supply chain model can be analyzed.
A comprehensive supply chain model can be analyzed.
Select The Blank Question The Japanese have mastered supply chain management &
the extent to which their ________ are involved in the product development process.
Correct Answer
Suppliers
Your Answer Customers
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
Multiple Choice Multiple Answer Question JIT is :-
Correct Answer
Top Down system , Centrally organized , Imposed production system
Your Answer Top Down system , Imposed production system , Implement procurement system
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 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 Inventory turnover indicates the ________ of Goods.
Correct Answer
Velocity
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Supply Chain Mangement code 141
Your Answer Velocity
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
Legs , Seats , Backs
Your Answer Seats , Backs , Legs
Select The Blank Question The reduced stock holding eliminates ________ of goods.
Correct Answer
Double Handling
Your Answer Double Handling
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 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
True/False Question In practice, the data items for MPS will have normally same
value in each week. Correct Answer
False
Your Answer True
True/False Question Retailers are not interested in low stock run.
Correct Answer
True
Your Answer False
Multiple Choice Multiple Answer
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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 Pressure For the Change , Capacity for Change , Outbound Training
Multiple Choice Single Answer Question Which company had defined JIT as stockless production?
Correct Answer
Hewlett Packard
Your Answer Hewlett Packard
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
True/False Question JIT/TQM are the tools for SCM.
Correct Answer
True
Your Answer True
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
Multiple Choice Multiple Answer Question The realignment of processing includes :-
Correct Answer
Order taking , Purchasing , Manufacturing
Your Answer Order taking , Manufacturing , Distribution
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
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Your Answer 25 in week 1
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 To provide for cause , To provide for corrective action
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 The most relevant measures for capital input is that of :-
Correct Answer
Replacement cost
Your Answer Market value
True/False Question The information enriched factories are, therefore, able to
make an informed decision at a much earlier point in the time than the factory at the end of the traditional supply chain.
Correct Answer
True
Your Answer True
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
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
Select The Blank
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Supply Chain Mangement code 141
Question Japanese logistics performance and its ________ are paramount priorities in their business environment.
Correct Answer
Effectiveness
Your Answer Effectiveness
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
True/False Question The key to integration is co-ordination.
Correct Answer
True
Your Answer True
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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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.
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Supply Chain Mangement code 141
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 FollowingQuestion 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
What we will each period as a receive of purchased
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according to plan above & demand forecast is correct
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 True
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Answer 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
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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 FollowingQuestion 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
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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
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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 Exceeding
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Answer 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
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Supply Chain Mangement code 141
Question Exponential smoothing can be viewed as forecast continually________ by the forecast error just made.
Correct Answer
Updated
Your Answer Improved
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 FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
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Supply Chain Mangement code 141
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 FollowingQuestion 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
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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
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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
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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.
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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
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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
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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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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
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
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 Reduce Production Facility , Higher Levels Of Inventory , Reduced Customer Satisfaction
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Multiple Choice Single Answer Question The potential is yet to be tapped for more relevant and
sophisticated yardsticks in logistics for total :- Correct Answer
Productivity
Your Answer Productivity
True/False Question In SCM concept, there is no requirement of comparing
factory responses to market place set up input. Correct Answer
False
Your Answer False
Select The Blank Question In the Enrich information pipeline all supply chain partner
utilize ________. Correct Answer
Market Sales Information
Your Answer Integrated data
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
Select The Blank Question The exponenti________y smoothed moving average takes
into account All of the previous observations. Correct Answer
All
Your Answer All
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 Following results are possible only & only if organisation
goes for Supply chain Priorities:-
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Correct Answer
On Time Delivery , Reduce Inventory Cost , More Revenue
Your Answer On Time Delivery , Reduce Inventory Cost , More Revenue
Select The Blank Question Rather than attempt to guess which forecast is better, we can
________ the problem logically. Correct Answer
Approach
Your Answer Approach
Multiple Choice Single Answer Question The vital player in the traditional supply chain is :-
Correct Answer
Retailer
Your Answer Manufacturer
Multiple Choice Multiple Answer Question Which of the following are the modes of transport?
Correct Answer
Rail , Ocean , Air
Your Answer Rail , Ocean , Air
Select The Blank Question Indirect cost increases can be caused by changes in the
________ and distribution process. Correct Answer
Production
Your Answer Production
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 JIT need to be applied to all stages of process.
Correct Answer
True
Your Answer True
Multiple Choice Single Answer
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Question Within the production field, which process is the most significant of the following?
Correct Answer
Kanban
Your Answer JIT
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
True/False Question EDI helps in Performance Improvement.
Correct Answer
True
Your Answer True
True/False Question JIT is not a dynamic system.
Correct Answer
True
Your Answer False
Select The Blank Question The indirect cost increase has the consequent ________ the
infrastructure & resources. Correct Answer
Impacts on
Your Answer Upgradation of
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 Technique used for pipeline performance improvement
are :- Correct Answer
Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing
Your Answer Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing
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Match The FollowingQuestion Correct Answer Your Answer
Expedition More frequent & flexible delivery may be required for realignment of process
Companies that used to collect customer orders on a monthly basis will need to shorten the information collection cycle time for realignment of process
Purchasing More flexible & frequent purchasing operation need to be established for realignment of process
More flexible & frequent purchasing operation need to be established for realignment of process
Manufacturing If the installation of the most expensive components is to be delayed as much as possible, change in the sequence & timing of manufacturing steps may be required for realignment of process
If the installation of the most expensive components is to be delayed as much as possible, change in the sequence & timing of manufacturing steps may be required for realignment of process
Order taking Companies that used to collect customer orders on a monthly basis will need to shorten the information collection cycle time for realignment of process
More frequent & flexible delivery may be required for realignment of process
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 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 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
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Your Answer 85 in week 1 , 90 in week 3 , 60 in week 4
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
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 Over promised but under delivered.
Multiple Choice Single Answer Question The location decision in supply chain entities are concerned
with:- Correct Answer
Plants
Your Answer Transportation
True/False Question Total productivity can be expressed as the overall measure
of economic effectiveness. Correct Answer
True
Your Answer True
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 Improves
Select The Blank Question The models that describe operational decisions are often
very ________ in nature. Correct Answer
Specific
Your Answer Complex
Multiple Choice Single Answer
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Question How the average inventory for the stock item is represented?
Correct Answer
By 1/2 stock
Your Answer By 1/2 stock
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
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 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 The Data required for the IT application in the field of SCM is
mainly based on:- Correct Answer
Decision Making
Your Answer Decision Making
True/False Question The information enriched factories are, therefore, able to
make an informed decision at a much earlier point in the time than the factory at the end of the traditional supply chain.
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
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Requirement per Product , Total Number of Planning Resources
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 Breaking of Administrative barriers , Teamwork , Quality circle
True/False Question SCM is infact a great big distributed application spanning
across several firms. Correct Answer
False
Your Answer True
True/False Question Lead Time, Order control and Stock levels reduction are the
variables in SCM model. Correct Answer
True
Your Answer True
Match The FollowingQuestion 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 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 Multiple Answer
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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
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
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 False
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Answer Your Answer True
Match The FollowingQuestion 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 FollowingQuestion 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 Is the tool used test the impact
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interest. 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 &
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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
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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
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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
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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 Warehousing , Transportation , Customer Service
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Answer 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
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significant impact? Correct Answer Production
Your Answer Design
Multiple Choice Multiple Answer Question EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard
Multiple Choice Single Answer Question What is required to facilitate logistics process of quickly moving
material on numerous work stations on the production line? Correct Answer Clean & well organized environment
Your Answer Good material movement system
Select The Blank Question Once we have all the information we should be able to ________ in
terms of when to place order with suppliers. Correct Answer Calculate
Your Answer Prepare
Multiple Choice Single Answer Question The cost of oversupply is high in case of highly customized end
products as it is difficult to find for them:- Correct Answer The alternative uses
Your Answer The alternative suppliers
Multiple Choice Single Answer Question The American National standards which are developed for replacing
various sector standards is known as:- Correct Answer ANSI X 12
Your Answer ANSI X 12
Multiple Choice Multiple Answer Question The implications of introducing consolidation centre were :-
Correct Answer How many centers to have? , Location of centres , Size of centres
Your Answer Location of centres , Size of centres , To which GM plant centres will send?
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Match The FollowingQuestion 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
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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.
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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
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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
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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 FollowingQuestion 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
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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.
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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
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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
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Supply Chain Mangement code 141
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
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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
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Select The Blank Question The fire in 1997 forced Toyoto to embark upon review of
________ that were sourced from single supplier. Correct Answer
Components
Your Answer Raw Materials
Multiple Choice Single Answer Question The cycle time measured from the firm plan order until final
production is reported, is known as :- Correct Answer
Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Select The Blank Question The geographic placement of production facility, stocking
points & sourcing is the ________ step in creating supply chain.
Correct Answer
First
Your Answer First
True/False
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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.
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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 FollowingQuestion Correct Answer Your Answer
Product Champion Andraski Poul Jonh
Pull & Push concept discussion
Hoeskstra & Romme Andraski
Simulation Model Sterman Glazer
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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 FollowingQuestion 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.
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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
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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
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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 Rail , Ocean , Air
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Answer Your Answer Rail , Ocean , Air
Multiple Choice Single Answer Question The co-ordination between various players in the supply
chain is the key for the effective :- Correct Answer
Management
Your Answer Management
Multiple Choice Single Answer Question It is the requirement of Enriched supply chain players to cope
up with :- Correct Answer
Rapidly changing order rates
Your Answer Inventory control
Multiple Choice Single Answer Question The result of all the factors is that there is not a single
integrated plan for the :- Correct Answer
Organisation
Your Answer Supply Chain Management
Multiple Choice Single Answer Question In management, construction of a strategic framework for
productivity and performance analysis is required for :- Correct Answer
Logistics management
Your Answer Logistics management
Multiple Choice Single Answer Question Holding costs are expressed as a % of stock values. What is
the percentage? Correct Answer
15% - 30%
Your Answer 20% - 30%
True/False Question The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level. Correct Answer
False
Your Answer True
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LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Multiple Answer Question The realignment of processing includes :-
Correct Answer
Manufacturing , Order taking , Purchasing
Your Answer Manufacturing , Order taking , Purchasing
True/False Question A two bin system is not appropriate with many stock items.
Correct Answer
True
Your Answer False
Multiple Choice Single Answer Question The levels at which long term decisions are made is :-
Correct Answer
Strategic
Your Answer Strategic
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 Specified
Multiple Choice Single Answer Question How the proactive levers attack the causes of variability?
Correct Answer
Directly
Your Answer Directly
True/False Question Customer satisfaction through quality must be balanced
against environmental impact & strain on the workforce. Correct Answer
True
Your Answer True
True/False
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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 For the good result, supply chain require to be very
________. Correct Answer
Transparent
Your Answer Transparent
Multiple Choice Multiple Answer Question MRP II package will include following features :-
Correct Answer
Cost information , Management reports , Easy what-if analysis
Your Answer Management reports , Easy what-if analysis , Procurement information
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 Endorses
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 The level to which supply chain management are often said
to belong to is:- Correct Answer
Tactical
Your Answer Financial
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
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Your Answer True
Match The FollowingQuestion 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.
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
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
Select The Blank Question Market sales data is the ________ for the whole supply
chain. Correct Answer
Information catalyst
Your Answer Information catalyst
Match The FollowingQuestion 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 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
Is the facility or process of interest.
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making.System Is the facility or process
of interest.Is used to evaluate the impact of information sharing and Co-Ordination.
True/False Question The key point about tactical information is that it does not
change frequently. Correct Answer
False
Your Answer True
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 The integration will make each unit of organization
understand how the action will impact other parts of & enabling it to choose alternative that ________ the organization goal.
Correct Answer
Optimize
Your Answer Satisfy
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 performance scenario, in a simplistic manner provides the
continuous total productivity management cycle of :- Correct Answer
Measurement , Evaluation , Planning
Your Answer Measurement , Evaluation , Effectiveness
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 Internal Business , Training , Customer
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Answer Your Answer Internal Business , Customer , EDBMS
Multiple Choice Single Answer Question Historically economic techniques/methods tend to have large
forecasting errors, for which term? Correct Answer
Medium
Your Answer Long
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 False
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
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 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 ABC analysis, JIT, Traditional System
Select The Blank Question If the suppliers meet selection criteria then you can
________ the total number of suppliers. Correct Answer
Reduce
Your Answer Reduce
Multiple Choice Single Answer
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Question Which of the following is the cost in the supply contract?
Correct Answer
Researching & negotiating
Your Answer Researching & fulfilling
Select The Blank Question The reduced stock holding eliminates ________ of goods.
Correct Answer
Double Handling
Your Answer Rejection
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 , His Living Style , Accidental Deaths
Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of
inventory for the organization? Correct Answer
Common
Your Answer Common
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 The co-ordination between various players in the supply
chain is the key for the effective :- Correct Answer
Management
Your Answer Distribution
Select The Blank Question Total annual cost is the function that we want to ________
by choosing an appropriate value of quantity. Correct Answer
Minimise
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Your Answer Minimise
Select The Blank Question Category C items are relatively unimportant inventory items
& are responsible for ________% of inventory cost. Correct Answer
5
Your Answer 10
Select The Blank Question The strength of postponement lies in its wide ________ as
speed becomes more important capability. Correct Answer
Applicability
Your Answer Probabilities
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 Single Answer Question What affects the forecasting of performance levels?
Correct Answer
Changing environment
Your Answer Uncertain demands
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 Inventory Replenishment Cycle Time
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 Pressure For the Change , Shared Vision , Capacity for Change
True/False Question The strategic & Operational decisions are to effectively &
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efficiantly manage, the product flow in the strategically planned supply chain.
Correct Answer
True
Your Answer True
Multiple Choice Single Answer Question What can be seen as a measurement of resource utilization
including time element? Correct Answer
Productivity
Your Answer Productivity
Multiple Choice Multiple Answer Question Most computer peripheral manufacturers have built one plant
for major market places like:- Correct Answer
America , Asia , Europe
Your Answer America , Asia , Europe
Multiple Choice Single Answer Question If we are at end of the period, then the order is placed as per
which rule? Correct Answer
Lot for lot
Your Answer Fixed order requirement
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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
Legs , Seats , Backs
Your Answer Legs , Seats , Backs
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
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True/False Question Warehousing & Transportation are not at all related activity in
SCM. Correct Answer
False
Your Answer False
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
Multiple Choice Single Answer Question In the supply chain , Material flows :-
Correct Answer
Downstream
Your Answer Downstream
Multiple Choice Multiple Answer Question While making back order as zero, the default data
considered are :- Correct Answer
Full Regular Time capacity , No over time Planning , No Subcontracting
Your Answer Full Regular Time capacity , No over time Planning , No Subcontracting
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 Multiple Answer Question In the Japanese concept of total productivity, for output they
embrace :- Correct Answer
Quantity , Quality , Delivery
Your Answer Quantity , Quality , Delivery
True/False Question MRP package can be used to examine, meeting the
predetermined production schedule for chairs. Correct Answer
True
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Your Answer True
Multiple Choice Multiple Answer Question The Appraisal points for market information enriched strategy
are :- Correct Answer
JIT Capacity Level , Number of Stock turns , Order Amplification
Your Answer JIT Capacity Level , Order Amplification , Consumer Habit fluctuation
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 Unprecedented
Select The Blank Question Paper or computer records require time to check ________
against recorder level. Correct Answer
Stock
Your Answer Inventory
Multiple Choice Single Answer Question The location decision in supply chain entities are concerned
with:- Correct Answer
Plants
Your Answer Plants
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
Multiple Choice Single Answer Question In EDI standards a need for common format is :-
Correct Answer
Independent Hardware & Software
Your Answer Independent Hardware & Software
True/False
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Question Safety stock must accommodate unexpected increase in demand and the risk of stock out situation.
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 Compared
Match The FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material Follow-up
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up and Collection
Material Follow-up and Collection
Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing along
the supply chain operate :- Correct Answer
Independently
Your Answer Interdependently
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
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 The decision on mode of transport are influenced by
geographical placements of :-
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Correct Answer
Plants & Warehouse
Your Answer Plants & Warehouse
Match The FollowingQuestion Correct Answer Your Answer
Modeling approaches are methods
Which facilitate concise review & at the same time attempt to accommodate the above polarity.
For the most part give normative models for more strategic decisions.
Rough cut methods give guiding policies
For the operation decisions.
Give guiding policies for strategic decisions.
Network design methods For the most part give normative models for more strategic decisions.
Give normative models for more operator decisions.
Simulation is the method by which
A comprehensive supply chain model can be analyzed.
A comprehensive supply chain model can be analyzed.
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 Stake holder's
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 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 Multiple Answer Question The majority of companies said that using 3 PL services had
positive effect on :- Correct Answer
Logistic Cost , Customer satisfaction
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Your Answer Logistic Cost , Customer satisfaction
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
Multiple Choice Single Answer Question What type of short term forecasting is the example of time
series method? Correct Answer
Demand
Your Answer Demand
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 Lowest
True/False Question The effect of buying discount / price breaks does need to be
calculated additionally. Correct Answer
False
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 , Transport Vehicle Size.
True/False Question Defects per million opportunities(DPMO) is concept of Four
Sigma. Correct Answer
False
Your Answer False
True/False
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Question Inventory Turns means turns over per year for inventory procurement.
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
Select The Blank Question The retailers undertake Pareto Analysis routinely to
________ turnover of item. Correct Answer
Compare
Your Answer Compare
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 process group
Select The Blank Question Indirect cost increases can be caused by changes in the
________ and distribution process. Correct Answer
Production
Your Answer Logistics
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
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 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 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
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
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
True/False Question The key point about structural information is that it changes
relatively infrequently. Correct Answer
True
Your Answer True
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 SCM is the management philosophy to deal with integrated
material & information flow, right from raw material to
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consumption of finished goods but the focus is given to :- Correct Answer
End User
Your Answer End User
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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 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 A simple system , Provides quick & precise information
Multiple Choice Single Answer Question Name the person who identifies the dynamics of response to
the changes in demand and supply? Correct Answer
Forrester
Your Answer Simchi
Select The Blank Question We have criteria for ________ forecasts, however
generalized they are. Correct Answer
Distinguishing
Your Answer Distinguishing
Multiple Choice Multiple Answer Question The Technique used for pipeline performance improvement
are :- Correct Answer
Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing
Your Answer Just -In- Time , Manufacturer Resource Planning (MRP) , Lean Manufacturing
Multiple Choice Single Answer Question To implement Just In Time Strategy is to have planning of
production and Inventory:- Correct Answer
Perfect
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Your Answer Best
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
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 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
Select The Blank Question The Japanese have mastered supply chain management &
the extent to which their ________ are involved in the product development process.
Correct Answer
Suppliers
Your Answer Planners
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
True/False Question JIT need to be applied to all stages of process.
Correct Answer
True
Your Answer True
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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 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
True/False Question NFW means Net financial assets in the private sector.
Correct Answer
False
Your Answer False
Match The FollowingQuestion Correct Answer Your Answer
Stock out ratio Is comparison of % of demand actually satisfied with the defined service
Is % requirement of stock needed 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 the time between material dispatched & received at plot
ABC Analysis Can be used to classify stock groups
Can be used to classify stock groups
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 Change
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
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Your Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time
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 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
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 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
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 , Workers nature
Multiple Choice Single Answer Question The third party logistics companies' capabilities are the result
of extensive investment in :- Correct Answer
Technology
Your Answer Infrastructure
Multiple Choice Multiple Answer
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Question Key indicators on which Japanese concentrate their efforts on continuous improvement Kaizen are :-
Correct Answer
Quality , Price , Delivery
Your Answer Quality , Delivery
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 Manufacturing Practices , Supply Chain 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 Market Risks
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 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 buyers
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
Multiple Choice Single Answer Question Within the production field, which process is the most
significant of the following? Correct Answer
Kanban
Your Answer JIT
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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
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
Match The FollowingQuestion 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 production of one unit of the product that is not accounted in employee cost.
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 holding one unit in stock at the end of each period.
Unit subcontracting cost The cost of each unit bought from external source.
The cost of each unit bought from external source.
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 Similar
Multiple Choice Single Answer Question The potential is yet to be tapped for more relevant and
sophisticated yardsticks in logistics for total :- Correct Answer
Productivity
Your Answer Performance
True/False Question It would be impossible to find the minimum cost solution
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manually. Correct Answer
True
Your Answer False
True/False Question Lead Time, Order control and Stock levels reduction are the
variables in SCM model. Correct Answer
True
Your Answer True
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
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 Supply chain is the expense centre in the organization.
Correct Answer
False
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 Single Answer Question The decision to hire 3PL services appears to originate from :-
Correct Answer
Top Management
Your Answer Top Management
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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 Network that is to be used , Digital Database
Select The Blank Question Value added data service for EDI communication is known
as ________. Correct Answer
VAN
Your Answer VAN
Select The Blank Question The cheapest solution is to simply ________ backorders to
built up over the planning period. Correct Answer
Allow
Your Answer Allow
Select The Blank Question ________ is activity which is outsourced by most of Indian
companies. Correct Answer
Warehousing
Your Answer Warehousing
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False Question The total cost in minimal cost strategy is £ 63400.
Correct Answer True
Your Answer True
Match The FollowingQuestion 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
Means trouble lights which immediately signals to
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signals to production line that there is a problem to be solved
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 FollowingQuestion Correct Answer Your Answer
Order Processing Material Follow-up Material Processing and Supply
Order Picking Material Collection Material Follow-up and Collection
Order Consolidation Material Follow-up 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
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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
re-order 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
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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
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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 :-
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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
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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
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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
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Question The factors likely to generate future business are :-
Correct Answer Integrated Logistics Function , Expertise In Information System
Your Answer Integrated Logistics Function , Expertise In Information System , Specialized Logistics Function
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