Supply Chain Management

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 True/False Question Goods received
There are no international EDI standards. The user organization require to develop it for their operation only. Correct Answer False Your Answer True
Match The Following Question Order Processing Order Picking Order Consolidation
Correct Answer Material Follow-up Material Collection Material Follow-up and Collection
Your Answer Material procurement Material 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 True/False Question Agent Based management , Information System , Globalization , Localization
Inventory Turns means turns over per year for inventory procurement.
Match The Following Question Analytical Solution
Correct Answer Is the possibility of using mathematical methods to obtain exact information on question of interest.
Your Answer Is the tool for understanding issues of organizational decision making.
Modeling
Is the process by which we try Is the possibility of using to gain the understanding of mathematical methods to how the corresponding system obtain exact information on behaves. question of interest. Is the tool for understanding issues of organizational decision making. Is the facility or process of interest. Is the process by which we try to gain the understanding of how the corresponding system behaves. Is the tool used test the impact of strategic level decision have on supply chain performance.
Simulation
System
Select The Blank Question The Function for EDI software is message tracking and ________. Correct Answer Audit Trail Your Answer Audit Trail
Multiple Choice Multiple Answer Question The realignment of processing includes :Correct Answer Order taking , Purchasing , Manufacturing Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/False Question
The corporations production Kanban is the card which regulates the suppliers production kanban. Correct Answer False Your Answer True
Select The Blank Question The exponenti________y smoothed moving average takes into account All of the previous observations. Correct Answer All Your Answer Majority
Select The Blank Question Periodic stock checks to count the stock physically enable the store to feed in ________ figures to reconcile physical stock against book stock. Correct Answer Adjustment Your Answer Adjustment
Multiple Choice Multiple Answer Question The assumptions in the example of MPS are :Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero Your Answer Two employee hours per job , Initial Number of employee is ten , Initial Inventory is Zero , Planning Period is 6 weeks Multiple Choice Single Answer Question SCM is the management philosophy to deal with integrated material & information flow, right from raw material to consumption of finished goods but the focus is given to :Correct Answer End User Your Answer End User
Multiple Choice Single Answer Question Initially the candidates for outsourcing were companies that needed to reduce their :Correct Answer Assets Your Answer Non Core Activities
Select The Blank Question The cheapest solution is to simply ________ backorders to built up over the planning period. Correct Answer Allow Your Answer Disallow
Multiple Choice Multiple Answer Question The MRP output consists of :Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales Your Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales Multiple Choice Multiple Answer Question The box jenkins method requires forecasters to :Correct Answer Use their experience , Use their expert judgment , Use their Knowledge Your Answer To make judgments , Use their experience , Use their expert judgment , Use their Knowledge
Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Correct Answer Cycle counting , Control group cycle counting , Random cycle counting Your Answer Cycle counting , Control group cycle counting , Random cycle counting , Physical inventory
Multiple Choice Single Answer Question In order to avoid a stock in a specified period, the quantity required to be ordered is :Correct Answer 135 Your Answer 150
Multiple Choice Single Answer Question Which employees will have to learn to manage shorter deadline along with order taking employees? Correct Answer Purchasing Your Answer True/False Question Logistics
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 True/False Question MRP-I, MRP-II, ERP
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 True/False Question Distribution
Direct cost increase can be caused by product or process redesign.
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 True/False MRP translates it
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 True/False Question Customer's
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
Question
What is the technique in which, a body of experts are hired to arrive at opinion about the future? Correct Answer Delphi Your Answer Delphi
Multiple Choice Single Answer Question What adds to service cost in central heating installation company if a filter has to drive to and obtain a minor part? Correct Answer Queue at supplier end Your Answer Delay in getting components
Multiple Choice Multiple Answer Question The various basic logistics productivity ratios can be used to control elements such as :Correct Answer Warehousing , Transportation , Customer Service Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The Blank Question It is often important to conduct ________ analysis in MRP. Correct Answer What-if Your Answer What-if
Multiple Choice Single Answer Question What can a company improve by being able to postpone the production in its existing business? Correct Answer Performance Your Answer Profitability
Multiple Choice Multiple Answer Question In performance scenario, in a simplistic manner provides the continuous total productivity management cycle of :Correct Answer Measurement , Evaluation , Planning Your Answer Measurement , Evaluation , Planning , Effectiveness
Multiple Choice Multiple Answer Question In 1990, General Motor had approximately :Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of shipment , 10000 parts shipped per day
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 True/False Question Measurement , Evaluation , Planning
The economic order quantity is the order quantity that minimizes total cost. Correct Answer True Your Answer True
Select The Blank Question The models that describe operational decisions are often very ________ in nature. Correct Answer Specific Your Answer Specific
Multiple Choice Multiple Answer Question Which of the following are the modes of transport? Correct Answer Rail , Ocean , Air Your Answer Rail , Ocean , Air
Multiple Choice Multiple Answer Question The strategic decision in supply chain includes :Correct Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Your Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Correct Answer Cycle counting , Control group cycle counting , Random cycle counting Your Answer Cycle counting , Control group cycle counting , Random cycle counting Multiple Choice Multiple Answer
Question
The consequence of longer lead time will often be :-
Correct Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory Your Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory Multiple Choice Single Answer Question Delaying the component production until shortly before demand is known, may imply producing in :Correct Answer Small batches Your Answer Small batches
Match The Following Question Planned order release
Correct Answer
Your Answer
When we need to release What we will receive each the planned orders having period as a result of regard to lead time planned orders required What the inventory level What we will each period will be if we produce as a receive of purchased according to plan above & orders demand forecast is correct When we need to release the planned orders having regard to lead time required
Projected on hand
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 Planned order receipt
What we will receive each What we will need in each period as a result of period to avoid stock out planned orders 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 True/False Question Market
A two bin system is not appropriate with many stock items.
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 True/False Question Placing an order
Another aspect of Toyoto production system was reduction of setup time. Correct Answer True Your Answer True
True/False Question
True/False Question
Correct Answer False Your Answer True/False Question True
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 True/False Question Researching & negotiating
Logistics covers 90% cost of manufacturing.
Correct Answer False
Your Answer
True
Select The Blank Question As compared to minimal cost strategy the level strategy is ________. Correct Answer Cheaper Your Answer Simple
Match The Following Question Towill Forrester Amstel Whiteoak
Correct Answer 1996 1960 1990 1994
Your Answer 1996 1947 1960 1990
Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Management
Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Organisation
Multiple Choice Multiple Answer Question Industrial Re-engineering concepts encourage :Correct Answer Modular Organization of work , Multi-skilling , On the job training procedures Your Answer Modular Organization of work , Multi-skilling , On the job training procedures True/False Question
In industries where it is particularly difficult to match supply can benefit the most from implementing a postpone system.
Multiple Choice Multiple Answer Question In MRP II, the concentration is on planning of the manufacturing resources like :Correct Answer People , Machines , Storage Your Answer People , Machines , Storage
Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two
Multiple Choice Single Answer Question Historically economic techniques/methods tend to have large forecasting errors, for which term? Correct Answer Medium Your Answer Short
Multiple Choice Multiple Answer Question Following are the functions of EDI software :Correct Answer Interfacing with VADS , Trading Partner Database , Encryption of EDI Message Your Answer Interfacing with VADS , Trading Partner Database , Encryption of EDI Message Multiple Choice Single Answer Question The concept of unfilled customer order as a measurement is known as :Correct Answer A backorder Your Answer Reverse order
Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination
Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Logistic Cost , Customer satisfaction Your Answer Logistic Cost , Customer satisfaction , Employee Morale
Select The Blank Question The purpose of the analysis is to discern some relationship between Y1 values observed so far in order to ________ us to forecast future values of Y1. Correct Answer Enable Your Answer Enable
Multiple Choice Multiple Answer Question EDI agreement Legal Aspects covers :Correct Answer Internet cyber law , Time that message will be retained , Procedure for settling any dispute Your Answer Time that message will be retained , Procedure for settling any dispute , Legal Jurisdiction for settling dispute Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Exceeding Your Answer Meeting
Select The Blank Question The multi plant co-ordination is to coordinate the ________ plans of several plants. Correct Answer Production Your Answer Supply chain
Multiple Choice Single Answer Question The Combination of integrated & Non-integrated measures may allow PLAYER in supply chain to assess :Correct Answer Chain as a whole Your Answer Chain as a whole
Multiple Choice Single Answer Question If a defective piece was found in Kanban then what happened to production of specified quantity in Kanban?
Correct Answer Quantity was not met Your Answer True/False Question Quantity was not met
Defects per million opportunities(DPMO) is concept of Four Sigma. Correct Answer False Your Answer True
True/False Question
The visual record process is only a sub-process in Japanese Kanban Management system. Correct Answer True Your Answer False
Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Wholesaler
Select The Blank Question Exponential smoothing can be viewed as forecast continually________ by the forecast error just made. Correct Answer Updated Your Answer Improved
LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question
The total cost in minimal cost strategy is 63400. Correct Answer True Your Answer True
Match The Following Question Correct Answer Your Answer Poka-yoke Means foolproof Means foolproof machines & machines & method, so as method, so as to to prevent prevent production production mistake mistake Means trouble lights which immediately signals to production line that there is a problem to be solved Enabling machines to be autonomous & able to automatically detect defects Means a workforce flexible enough to cope with changes in production & using different machines Means trouble lights which immediately signals to production line that there is a problem to be solved Enabling machines to be autonomous & able to automatically detect defects Means a workforce flexible enough to cope with changes in production & using different machines
Andon
Jikoda
Shojinka
Multiple Choice Single Answer Question As per the cost information, the lot for lot rule can be derived for which particular item? Correct Answer Least costly Your Answer Economic one
Match The Following Question Correct Answer Your Answer Order Processing Order Picking Material Follow- Material up Processing and Supply Material Collection Material Followup and Collection
Order Consolidation
Material Follow- Material up and procurement Collection
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 True/False Question Detailed
Inventory Turns means turns over per year for inventory procurement. Correct Answer True Your Answer True
True/False Question
A two bin system is not appropriate with many stock items. Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Key indicators on which Japanese concentrate their efforts on continuous improvement Kaizen are :Correct Answer Quality , Price , Delivery
Your Answer
Quality , Price , Delivery
Multiple Choice Multiple Answer Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer Short Term , Medium Term , Long Term True/False Question
ODETTE is not applicable for automobile industry. Correct Answer False Your Answer False
Multiple Choice Single Answer Question The location decision in supply chain entities are concerned with:Correct Answer Plants Your Answer Transportation
Multiple Choice Single Answer Question An example of multiple equation method given in an economic model is the treasury model of which economy? Correct Answer UK Your Answer True/False Question UK
For a fixed time re-order cycle system, the time at risk is reorder lead time plus the re-order cycle time. Correct Answer True Your Answer True
True/False Question
By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for
improving internal operations. Correct Answer False Your Answer False
Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to ________ total cost Correct Answer Drive down Your Answer Reduce
Multiple Choice Single Answer Question In 1996, the purchase of logistics services by 3PL on behalf of their client in billion dollars was :Correct Answer 25 Your Answer 25
Multiple Choice Multiple Answer Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :Correct Answer Management & effort , Initial implementation , The continuing effort to run the system Your Answer Management & effort , Initial implementation , The continuing effort to run the system Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination Select The Blank Question The third party providers who can ________ the need of transition from their focus on product oriented services to new strategies like long term business
partnerships will most likely enjoy long term success. Correct Answer Meet Your Answer True/False Question Arrange
In practice, the data items for MPS will have normally same value in each week. Correct Answer False Your Answer True
Select The Blank Question The overtime cost per hour is ________ in minimal cost strategy. Correct Answer 25 Your Answer 25
Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer True/False Question Strategic
MRP package can be used to examine, meeting the predetermined production schedule for chairs. Correct Answer True Your Answer True
Multiple Choice Single Answer Question What is Supply Chain? Correct Answer Network of Facility & Distribution Your Answer Network of Facility & Distribution
Multiple Choice Multiple Answer
Question
Following are the parameters of Transportation Metrics :Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped Your Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing along the supply chain operate :Correct Answer Independently Your Answer Independently
Multiple Choice Single Answer Question In the supply chain , Material flows :Correct Answer Downstream Your Answer Downstream
Multiple Choice Multiple Answer Question The MRP output consists of :Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales Your Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales Multiple Choice Multiple Answer Question Risk a stock out can be faced because of :Correct Answer Delay in resupply , Higher than anticipated usage , Unpredictable demand Your Answer Delay in resupply , Higher than anticipated usage , Unpredictable demand Select The Blank Question The cheapest solution is to simply ________ backorders to built up over the planning period. Correct Answer Allow
Your Answer
Let
Multiple Choice Single Answer Question In the field of IT enabled Supply Chain, "TPS" means:Correct Answer Transaction Processing system Your Answer Transaction Processing system
Multiple Choice Single Answer Question How does aggregate plan created by master production schedule become extremely detailed plan? Correct Answer MRP translates it Your Answer MRP translates it
Multiple Choice Multiple Answer Question In the Japanese concept of total productivity, for output they embrace :Correct Answer Quantity , Quality , Delivery Your Answer Quantity , Quality , Delivery
Select The Blank Question By being able to postpone the production to the point where ________ is better known, the company can greatly improve its forecasting abilities. Correct Answer Demand Your Answer Needs
Select The Blank Question Category C items are relatively unimportant inventory items & are responsible for ________% of inventory cost. Correct Answer 5 Your Answer 5
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 True/False Question Benchmarking
General Co-ordination is the integration of different function, i.e. production planning, purchasing, sales and distribution. Correct Answer True Your Answer False
Multiple Choice Single Answer Question Which is the tool Available with the industry to learn the business outside to plan the policy for success? Correct Answer Benchmarking Your Answer TQM
Multiple Choice Single Answer Question In the Supply Chain approach the example for the Individual set of Business activities is the :Correct Answer Logistics Activities
Your Answer
Logistics Activities
Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Operation
Multiple Choice Single Answer Question While still maintaining high service level, the objective of supply chain manager for inventory is to :Correct Answer Decrease it Your Answer Make Zero
Select The Blank Question ODETTE an EDI Format is developed & used by ________motor Industry. Correct Answer European Your Answer True/False Question European
The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level. Correct Answer False Your Answer False
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
True/False Question
True/False Question
Modeling
Simulation
System
True/False Question
Question
Question
Question
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 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
Question
The American National standards which are developed for replacing various sector standards is known as:Correct Answer ANSI X 12 Your Answer ANSI X 12
Multiple Choice Multiple Answer Question The implications of introducing consolidation centre were :Correct Answer How many centers to have? , Location of centres , Size of centres Your Answer Location of centres , Size of centres , To which GM plant centres will send?
Match The Following Question
Correct Answer
Your Answer
The impact of postponement Significant value was Carry out more variety of coloration until the created in value chain & without increasing inventory customer uses the product manufacturing cost & safety stock both decreased The impact of postponement Inventory was cut to half in case of PC company The impact of postponement Decrease in inventory made of customization of printer to up for the increased cost in DC areas creating some assembly function at DC level Carry out more variety by slightly increasing inventory Decrease in inventory made up for the increased cost in creating some assembly function at DC level
The impact of postponement Carry out more variety Significant value was created in RPAG without increasing inventory 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
True/False Question
The estimate is that the 3 PL industry will quadruple its size in next five years. Correct Answer False Your Answer False
Multiple Choice Single Answer Question In the current business scenario Indian organisations require to improve customer service to become perfect in :Correct Answer Customer centric process Your Answer True/False Question Business Analysis
In an ideal world we would like a forecasting method for which all errors are near zero. Correct Answer False Your Answer True
Select The Blank Question Simple method for Time series forecasting is to take a ________ Average. Correct Answer Moving Your Answer Non Weighted Moving
Multiple Choice Multiple Answer Question The globalization has forced local companies to improve following:Correct Answer Manufacturing Practices , Supply Chain Management , Inventory Levels and Distribution Capabilities Your Answer Distribution Network , Supply Chain Management , Inventory Levels and Distribution Capabilities Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer Policy Matter
Multiple Choice Multiple Answer Question If the requirement of chairs as given are 135 in week 3, 90 in week 5, 60 in week 6 then the requirement of seats are :Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4 Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Select The Blank
Question
The realistic ________ demonstrate the benefits of a holistic view of supply chain information flow. Correct Answer Simulation Model Your Answer Simulation Model
Select The Blank Question The mode choice aspect of transport decisions are more ________ ones, as they are closely linked with inventory decision. Correct Answer Strategic Your Answer Locational
Select The Blank Question From the output by MRP package for chairs in the example, we are advised to place an order for ________ legs in week 2. Correct Answer Overhead Your Answer True/False Question Overhead
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 True/False Question Indirectly
It would be impossible to find the minimum cost solution manually.
Correct Answer True Your Answer True/False Question False
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 True/False Question Inhouse training , APICS Membership , Certification Training
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 True/False Question Final
By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for improving internal operations.
Correct Answer False Your Answer True
Multiple Choice Multiple Answer Question The competitive priorities in operations strategy are :Correct Answer Cost , Quality , Time Your Answer Cost , Quality , Time
Multiple Choice Single Answer Question In both marking stock and order, which cost is incurred? Correct Answer Stock acquisition Your Answer Stock acquisition
Match The Following Question Modeling approaches are methods
Correct Answer
Your Answer
Which facilitate concise Give guiding policies for review & at the same time strategic decisions. attempt to accommodate the above polarity. For the operation decisions. Give normative models for more operator decisions. For the most part give normative models for more strategic decisions. A comprehensive supply chain model can be analyzed. For the most part give normative models for more strategic decisions.
Rough cut methods give guiding policies Network design methods
Simulation is the method by A comprehensive supply which chain model can be analyzed. True/False Question
Retailers are not interested in low stock run.
Correct Answer True Your Answer False
Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Benchmarking Your Answer Push Base system
Multiple Choice Multiple Answer Question Realignment of infrastructure includes :-
Correct Answer Production & warehouse premises , Production equipment , Information & IT system Your Answer Production & warehouse premises , Production equipment , Supplies Multiple Choice Multiple Answer Question In Supply Chain Management, the goal is to be able to replace inventory of :Correct Answer Manufacturers , Suppliers , Customers Your Answer Manufacturers , Suppliers , Distributors
Multiple Choice Multiple Answer Question When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for corrective action , To provide for future action Multiple Choice Multiple Answer Question The problems faced by the HP DCs due to traditional system were :Correct Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed Your Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed True/False Question
For a fixed time re-order cycle system, the time at risk is re-order lead time plus the re-order cycle time. Correct Answer True Your Answer False
True/False Question
There are no international EDI standards. The user organization require to develop it for their operation only. Correct Answer False Your Answer False
Multiple Choice Single Answer Question SCM is the management philosophy to deal with integrated material & information flow, right from raw material to consumption of finished goods but the focus is given to :Correct Answer End User Your Answer Question End User The fire in 1997 forced Toyoto to embark upon review of ________ that were sourced from single supplier.
Correct Answer Components Your Answer Raw Materials
Multiple Choice Single Answer Question The cycle time measured from the firm plan order until final production is reported, is known as :Correct Answer Manufacturing Cycle Time Your Answer Manufacturing Cycle Time
Multiple Choice Single Answer Question The minimum number of products unit in stock at the end of each week corresponds to what type of stock in the case of unforeseen demand? Correct Answer Safety Your Answer True/False Question Safety
The marketing effort is somewhat restricted by the necessity to sell leftover products following year. Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question The various basic logistics productivity ratios can be used to control elements such as :Correct Answer Warehousing , Transportation , Customer Service Your Answer Warehousing , Transportation , Customer Service
Select The Blank Question Paper or computer records require time to check ________ against recorder level. Correct Answer Stock Your Answer Availability
Multiple Choice Multiple Answer Question The strategic decision in supply chain includes :-
Correct Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Your Answer What products to produce , Which plants to produce them , What products to sell Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for the organization? Correct Answer Common Your Answer Common
Select The Blank Question One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the major customers. Correct Answer Clustered Your Answer Scattered
Multiple Choice Multiple Answer Question Companies that would obviously gain very little from postponement, experiences a radically different picture in their business like :Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation Your Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation Multiple Choice Single Answer Question What is the advantage of IT for monitoring the supply chain performance? Correct Answer Statistics is generated Your Answer Statistics is generated
Select The Blank Question The hiring cost of one employee is ________ in minimal cost strategy. Correct Answer 500 Your Answer 475
Multiple Choice Single Answer Question Inadequate & excess inventory both are revenue losses for a business so as to avoid this, which of the following is required? Correct Answer TQM & JIT Your Answer True/False FMCG
Question
Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True/False Question True
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 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
Question
Holding costs are expressed as a % of stock values. What is the percentage? Correct Answer 15% - 30% Your Answer True/False Question 20% - 30%
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
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 True/False Question First
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 True/False Question Speed it up , Restructure it , Change co-ordination
JIT need to be applied to all stages of process.
Select The Blank Question Outsourcing is not without risks, in fact the benefits are ________ more transparent with risks Often being hidden initially. Correct Answer Often Your Answer Mostly
Select The Blank Question The multi plant co-ordination is to coordinate the ________ plans of several plants. Correct Answer Production Your Answer Distribution
Select The Blank Question The real benefits of Kanban will not be ________ until the auto-industry moves into a mixed production. Correct Answer Realized Your Answer True/False Utilized
Question
Defects per million opportunities(DPMO) is concept of Four Sigma. Correct Answer False Your Answer True/False Question True
Multiple Choice Multiple Answer Question EDI agreement Legal Aspects covers :Correct Answer Internet cyber law , Time that message will be retained , Procedure for settling any dispute Your Answer Time that message will be retained , Procedure for settling any dispute , Legal Jurisdiction for settling dispute True/False Question
There may be a temptation to dismiss the Kaizen concept particularly suited to Japanese mentality. Correct Answer True Your Answer True
Match The Following Question Product Champion Pull & Push concept discussion Simulation Model Player concept
Correct Answer Andraski Hoeskstra & Romme Sterman Forrester(1960)
Your Answer Poul Jonh Andraski Glazer Forrester(1960)
Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer True/False Question Four
If the supply chain do not track uncertainties than it leads to non optimal stocking levels. Correct Answer True
Your Answer
True
Select The Blank Question The enrichment mechanism is an ________ point of sales link. Correct Answer Electronic Your Answer Critical
Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Management
Match The Following Question Other Unit production cost
Correct Answer
Your Answer
The cost of production of The cost of holding one one unit of the product unit in stock at the end of that is not accounted in each Month. employee cost. The cost of hiring an employee. The cost of hiring an employee.
Hiring cost Unit inventory holding cost
The cost of holding one The cost of production of unit in stock at the end of one unit of the product each period. that is not accounted in employee cost. The cost of holding one unit procured from external source at the end of each period.
Unit subcontracting cost The cost of each unit bought from external source.
Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing along the supply chain operate :Correct Answer Independently Your Answer Independently
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
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
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 True/False Question FMCG
Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True
True/False Question
Multiple Choice Single Answer Question Holding costs are expressed as a % of stock values. What is the percentage? Correct Answer 15% - 30% Your Answer True/False Question 20% - 30%
SUPPLY CHAIN MANAGEMENT
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SUPPLY CHAIN MANAGEMENT Semester IV LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery Multiple Choice Single Answer Question Product lines with highly customized end product find it difficult to forecast on product basis :Correct Answer The demand Your Answer The demand Multiple Choice Single Answer Question The supply chain management is compared by " Cooper and Ellram" with :Correct Answer Relay Team Your Answer Relay Team True/False Question All forecasting methods require complex calculations and therefore are ideally suited to be done by a computer. Correct Answer False Your Answer True True/False Question The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which is the system in which production is demand driven, coordinated with actual customer demand? Correct Answer Pull Base System Your Answer Push Base system Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two Multiple Choice Single Answer Question Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Transportation of item Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three
file://F:\SYMBIOSIS PGDBA\4TH SEMESTER\operations\SCM\SUPPLY CHAIN M... 5/12/2007
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True/False Question Warehousing & Transportation are not at all related activity in SCM. Correct Answer False Your Answer False Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Exceeding Your Answer Not meeting Multiple Choice Multiple Answer Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Tactical Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Customer Order promised cycle time Your Answer Customer Order promised cycle time Select The Blank Question One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the major customers. Correct Answer Clustered Your Answer Clustered Multiple Choice Multiple Answer Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :Correct Answer Management & effort , Initial implementation , The continuing effort to run the system Your Answer Management & effort , Initial implementation , The continuing effort to run the system Multiple Choice Single Answer Question Outsourcing to 3PL companies to world class standards allow the company to realize their anticipated benefits:Correct Answer Immediately Your Answer Immediately True/False Question A two bin system is not appropriate with many stock items. Correct Answer True Your Answer False Multiple Choice Single Answer
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Question To provide an adequate support what will be need to do with information system? Correct Answer Major overhaul Your Answer Major overhaul Multiple Choice Multiple Answer Question The Technical Aspects of EDI agreement are :Correct Answer coding system , The EDI that is to be employed , The Network that is to be used Your Answer The EDI that is to be employed , The Network that is to be used , coding system Multiple Choice Single Answer Question The Data required for the IT application in the field of SCM is mainly based on:Correct Answer Decision Making Your Answer Data Structure Match The Following Question Correct Answer Your Answer Manager participation in SCM activity 0.16 0.16 Director/GM participation in SCM activity 0.28 0.28 Vice President participation in SCM activity 0.17 0.17 President participation in SCM activity 0.14 0.14 True/False Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is require to get involved for the success. Correct Answer True Your Answer True True/False Question BOM is best thought of as divided interval levels. Correct Answer True Your Answer True Multiple Choice Single Answer Question How does aggregate plan created by master production schedule become extremely detailed plan? Correct Answer MRP translates it Your Answer MRP translates it Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for the organization? Correct Answer Common Your Answer Common Multiple Choice Multiple Answer
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Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer Short Term , Medium Term , Long Term True/False Question The globalization of supply chain does not change the requirement within supply chain management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The treasury equation refers to predict customer spending will look at the factors like :Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index True/False Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action Multiple Choice Multiple Answer Question Companies that would obviously gain very little from postponement, experiences a radically different picture in their business like :Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation Your Answer Low value of short time to market , Low product proliferation , Medium inventory value Select The Blank Question A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals. Correct Answer Logistics Your Answer Distribution True/False Question Logistics covers 90% cost of manufacturing. Correct Answer False Your Answer False Multiple Choice Single Answer Question In any event, we prefer the forecasting method that gives which type of Average squared error? Correct Answer Lowest Your Answer Zero Select The Blank Question The indirect cost increase has the consequent ________ the infrastructure & resources. Correct Answer Impacts on
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Your Answer Effects on Select The Blank Question World class Logistics study is published in the year ________. Correct Answer 1995 Your Answer 1996 Select The Blank Question In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in demand. Correct Answer Less Your Answer Less Match The Following Question Correct Answer Your Answer Stock out ratio Is comparison of % of demand actually satisfied with the defined service Is comparison of % of demand actually satisfied with the defined service Lead time Is the time between a replenishment need arising & new deliveries being ready for use Is the time between a replenishment need arising & new deliveries being ready for use Inventory service level Is % probability of stock availability to meet demands Is % probability of stock availability to meet demands ABC Analysis Can be used to classify stock groups Can be used to classify stock groups Multiple Choice Multiple Answer Question The operational perspective in management of inventory level are :Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production levels Multiple Choice Single Answer Question The data content & floors of stock record systems are needed by which methods? Correct Answer Just in time Your Answer Just in time True/False Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to maintain significant amount of inventory. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question JIT philosophy has following features :Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes more
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important capability. Correct Answer Applicability Your Answer Applicability Select The Blank Question Japanese logistics performance and its ________ are paramount priorities in their business environment. Correct Answer Effectiveness Your Answer Effectiveness Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Contingency
Supply chain Management 1 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question Suppliers are ________ to JIT business. Correct Answer Crucial Your Answer Necessary Match The Following Question Correct Answer Your Answer Reliability It relates with the ability to perform the promised services with dependability and accuracy It relates with the ability to perform the promised services with dependability and accuracy Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Supply Chain Management Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Requested delivery date Multiple Choice Multiple Answer Question Following are the parameters of Transportation Metrics :Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped Your Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped True/False Question The effect of buying discount / price breaks does need to be calculated additionally. Correct Answer False Your Answer True True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer True Your Answer True True/False Question Inventory Turns means turns over per year for inventory procurement. Page 1
Supply chain Management 1 Correct Answer True Your Answer True Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Correct Answer Cycle counting , Control group cycle counting , Random cycle counting Your Answer Control group cycle counting , Random cycle counting Multiple Choice Single Answer Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Chain wide Management Your Answer Chain wide Management Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Management Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Kanban Your Answer Kanban True/False Question Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Seamless SCM Towill Towill Value of Information Glazer Peter Senge Filtering Del-Vecchio Burbidge Industrial dynamics Burbidge Van Amstel Select The Blank Question We have criteria for ________ forecasts, however generalized they are. Correct Answer Distinguishing Your Answer Comparing Select The Blank Question According the example, for minimal cost, the number of initial workers considered is ________ Correct Answer 10 Your Answer 9 Multiple Choice Single Answer Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on Inventory Carrying and Ordering cost? Correct Answer It will be optimized Your Answer It will be reduced Multiple Choice Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer 5 Page 2
Supply chain Management 1 Your Answer 6 Multiple Choice Single Answer Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :Correct Answer Pyramid Your Answer Pyramid Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Consumer Multiple Choice Multiple Answer Question Kanban is :Correct Answer A signal or message of communication , Used to control the flow of item through the production process , A push process Your Answer A signal or message of communication , Used to control the flow of item through the production process , A push process True/False Question The total cost in minimal cost strategy is 63400. Correct Answer True Your Answer True Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Benchmarking Your Answer Benchmarking Multiple Choice Single Answer Question In which technique when applied to the use of numbers in forecasting, vary from high to low? Correct Answer Qualitative Your Answer Qualitative Multiple Choice Multiple Answer Question In the Japanese concept of total productivity, for output they embrace :Correct Answer Quantity , Quality , Delivery Your Answer Quality , Delivery , Facilities Multiple Choice Single Answer Question If the material requirement plan is accurate, then it results in better management of :Correct Answer Cash flow Your Answer Production Select The Blank Question Kanban process ________ focuses on the human factors of production. Correct Answer Indirectly Your Answer Directly Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Logistic Cost , Customer satisfaction Your Answer Logistic Cost , Customer satisfaction , Employee Morale Multiple Choice Single Answer Question What affects the forecasting of performance levels? Correct Answer Changing environment Your Answer Foreseen events Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable Page 3
Supply chain Management 1 holding cost to ________ total cost Correct Answer Drive down Your Answer Minimise True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The SCM key metrics should be closely aligned to the company's strategic objectives. In this measurements usually covers :Correct Answer Internal Business , Training , Customer Your Answer Internal Business , Training , Customer True/False Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, but affects the other players in the supply chain. Correct Answer True Your Answer False Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer Cost saving centre Multiple Choice Multiple Answer Question The strategic decision in supply chain includes :Correct Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Your Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants True/False Question The economic order quantity is the order quantity that minimizes total cost. Correct Answer True Your Answer True True/False Question Backorder means an unfilled customer order. Correct Answer True Your Answer False Select The Blank Question For the good result, supply chain require to be very ________. Correct Answer Transparent Your Answer Transparent Select The Blank Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate. Correct Answer Reasonably Your Answer Completely Multiple Choice Single Answer Question The most relevant measures for capital input is that of :Correct Answer Replacement cost Your Answer Market value Page 4
Supply chain Management 1 Multiple Choice Single Answer Question The mechanism by which material and information flows through supply chain, is known as :Correct Answer Pipeline Your Answer Chainline Multiple Choice Multiple Answer Question Fixed quantity systems :Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks Multiple Choice Multiple Answer Question The media for EDI communication are :Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple Answer Question In the single product example defined for planning into periods, some of the options are :Correct Answer Regular time , Hire employees , Fire employees Your Answer Regular time , Hire employees , Fire employees True/False Question The key point about structural information is that it changes relatively infrequently. Correct Answer True Your Answer True
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Supply chain Management 2 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery Multiple Choice Single Answer Question Product lines with highly customized end product find it difficult to forecast on product basis :Correct Answer The demand Your Answer The demand Multiple Choice Single Answer Question The supply chain management is compared by " Cooper and Ellram" with :Correct Answer Relay Team Your Answer Relay Team True/False Question All forecasting methods require complex calculations and therefore are ideally suited to be done by a computer. Correct Answer False Your Answer True True/False Question The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which is the system in which production is demand driven, coordinated with actual customer demand? Correct Answer Pull Base System Your Answer Push Base system Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two Multiple Choice Single Answer Question Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Transportation of item Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three True/False Question Warehousing & Transportation are not at all related activity in SCM.
Correct Answer False Your Answer False Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Exceeding Your Answer Not meeting Multiple Choice Multiple Answer Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Page 1
Supply chain Management 2 Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Tactical Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Customer Order promised cycle time Your Answer Customer Order promised cycle time Select The Blank Question One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the major customers. Correct Answer Clustered Your Answer Clustered Multiple Choice Multiple Answer Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :Correct Answer Management & effort , Initial implementation , The continuing effort to run the system Your Answer Management & effort , Initial implementation , The continuing effort to run the system Multiple Choice Single Answer Question Outsourcing to 3PL companies to world class standards allow the company to realize their anticipated benefits:Correct Answer Immediately Your Answer Immediately True/False Question A two bin system is not appropriate with many stock items. Correct Answer True Your Answer False Multiple Choice Single Answer Question To provide an adequate support what will be need to do with information system? Correct Answer Major overhaul Your Answer Major overhaul Multiple Choice Multiple Answer Question The Technical Aspects of EDI agreement are :Correct Answer coding system , The EDI that is to be employed , The Network that is to be used Your Answer The EDI that is to be employed , The Network that is to be used , coding system Multiple Choice Single Answer Question The Data required for the IT application in the field of SCM is mainly based on:Correct Answer Decision Making Your Answer Data Structure Match The Following Question Correct Answer Your Answer Manager participation in SCM activity 0.16 0.16 Director/GM participation in SCM activity 0.28 0.28 Vice President participation in SCM activity 0.17 0.17 Page 2
Supply chain Management 2 President participation in SCM activity 0.14 0.14 True/False Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is require to get involved for the success. Correct Answer True Your Answer True True/False Question BOM is best thought of as divided interval levels. Correct Answer True Your Answer True Multiple Choice Single Answer Question How does aggregate plan created by master production schedule become extremely detailed plan? Correct Answer MRP translates it Your Answer MRP translates it Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for the organization? Correct Answer Common Your Answer Common Multiple Choice Multiple Answer Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer Short Term , Medium Term , Long Term True/False Question The globalization of supply chain does not change the requirement within supply chain management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The treasury equation refers to predict customer spending will look at the factors like :Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index True/False Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action Multiple Choice Multiple Answer Question Companies that would obviously gain very little from postponement, Page 3
Supply chain Management 2 experiences a radically different picture in their business like :Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation Your Answer Low value of short time to market , Low product proliferation , Medium inventory value Select The Blank Question A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals. Correct Answer Logistics Your Answer Distribution True/False Question Logistics covers 90% cost of manufacturing. Correct Answer False Your Answer False Multiple Choice Single Answer Question In any event, we prefer the forecasting method that gives which type of Average squared error? Correct Answer Lowest Your Answer Zero Select The Blank Question The indirect cost increase has the consequent ________ the infrastructure & resources. Correct Answer Impacts on Your Answer Effects on Select The Blank Question World class Logistics study is published in the year ________. Correct Answer 1995 Your Answer 1996 Select The Blank Question In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in demand. Correct Answer Less Your Answer Less Match The Following Question Correct Answer Your Answer Stock out ratio Is comparison of % of demand actually satisfied with the defined service Is comparison of % of demand actually satisfied with the defined service Lead time Is the time between a replenishment need arising & new deliveries being ready for use Is the time between a replenishment need arising & new deliveries being ready for use Inventory service level Is % probability of stock availability to meet demands Is % probability of stock availability to meet demands ABC Analysis Can be used to classify stock groups Can be used to classify stock groups Multiple Choice Multiple Answer Question The operational perspective in management of inventory level are :Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production levels Multiple Choice Single Answer Question The data content & floors of stock record systems are needed by which methods? Page 4
Supply chain Management 2 Correct Answer Just in time Your Answer Just in time True/False Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to maintain significant amount of inventory. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question JIT philosophy has following features :Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes more important capability. Correct Answer Applicability Your Answer Applicability Select The Blank Question Japanese logistics performance and its ________ are paramount priorities in their business environment. Correct Answer Effectiveness Your Answer Effectiveness Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Contingency
Page 5
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
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SUPPLY CHAIN MANAGEMENT Semester IV LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question Suppliers are ________ to JIT business. Correct Answer Crucial Your Answer Necessary Match The Following Question Correct Answer Your Answer Reliability It relates with the ability to perform the promised services with dependability and accuracy It relates with the ability to perform the promised services with dependability and accuracy Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Supply Chain Management Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Requested delivery date Multiple Choice Multiple Answer Question Following are the parameters of Transportation Metrics :Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped Your Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped True/False Question The effect of buying discount / price breaks does need to be calculated additionally. Correct Answer False Your Answer True
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True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer True Your Answer True True/False Question Inventory Turns means turns over per year for inventory procurement. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Correct Answer Cycle counting , Control group cycle counting , Random cycle counting Your Answer Control group cycle counting , Random cycle counting Multiple Choice Single Answer Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Chain wide Management Your Answer Chain wide Management Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Management Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Kanban Your Answer Kanban True/False Question Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Seamless SCM Towill Towill Value of Information Glazer Peter Senge Filtering Del-Vecchio Burbidge Industrial dynamics Burbidge Van Amstel Select The Blank Question We have criteria for ________ forecasts, however generalized they are. Correct Answer Distinguishing Your Answer Comparing
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Select The Blank Question According the example, for minimal cost, the number of initial workers considered is ________ Correct Answer 10 Your Answer 9 Multiple Choice Single Answer Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on Inventory Carrying and Ordering cost? Correct Answer It will be optimized Your Answer It will be reduced Multiple Choice Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer 5 Your Answer 6 Multiple Choice Single Answer Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :Correct Answer Pyramid Your Answer Pyramid Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Consumer Multiple Choice Multiple Answer Question Kanban is :Correct Answer A signal or message of communication , Used to control the flow of item through the production process , A push process Your Answer A signal or message of communication , Used to control the flow of item through the production process , A push process True/False Question The total cost in minimal cost strategy is 63400. Correct Answer True Your Answer True Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Benchmarking Your Answer Benchmarking Multiple Choice Single Answer Question In which technique when applied to the use of numbers in forecasting, vary from high to low? Correct Answer Qualitative Your Answer Qualitative Multiple Choice Multiple Answer Question In the Japanese concept of total productivity, for output they embrace :-
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Correct Answer Quantity , Quality , Delivery Your Answer Quality , Delivery , Facilities Multiple Choice Single Answer Question If the material requirement plan is accurate, then it results in better management of :Correct Answer Cash flow Your Answer Production Select The Blank Question Kanban process ________ focuses on the human factors of production. Correct Answer Indirectly Your Answer Directly Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Logistic Cost , Customer satisfaction Your Answer Logistic Cost , Customer satisfaction , Employee Morale Multiple Choice Single Answer Question What affects the forecasting of performance levels? Correct Answer Changing environment Your Answer Foreseen events Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to ________ total cost Correct Answer Drive down Your Answer Minimise True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The SCM key metrics should be closely aligned to the company's strategic objectives. In this measurements usually covers :Correct Answer Internal Business , Training , Customer Your Answer Internal Business , Training , Customer True/False Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, but affects the other players in the supply chain. Correct Answer True Your Answer False Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer Cost saving centre
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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 , Allocation of Suppliers to plants True/False Question The economic order quantity is the order quantity that minimizes total cost. Correct Answer True Your Answer True True/False Question Backorder means an unfilled customer order. Correct Answer True Your Answer False Select The Blank Question For the good result, supply chain require to be very ________. Correct Answer Transparent Your Answer Transparent Select The Blank Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate. Correct Answer Reasonably Your Answer Completely Multiple Choice Single Answer Question The most relevant measures for capital input is that of :Correct Answer Replacement cost Your Answer Market value Multiple Choice Single Answer Question The mechanism by which material and information flows through supply chain, is known as :Correct Answer Pipeline Your Answer Chainline Multiple Choice Multiple Answer Question Fixed quantity systems :Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks Multiple Choice Multiple Answer Question The media for EDI communication are :Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN Multiple Choice Multiple Answer Question In the single product example defined for planning into periods, some of the options are :-
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Correct Answer Regular time , Hire employees , Fire employees Your Answer Regular time , Hire employees , Fire employees True/False Question The key point about structural information is that it changes relatively infrequently. Correct Answer True Your Answer True
5/12/2007
scm SUPPLY CHAIN MANAGEMENT Semester IV
Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer Your Answer Reduce Inventory Cost , More Revenue , On Time Delivery
Reduce Inventory Cost , Cycle Time , On Time Delivery
Multiple Choice Single Answer Question Product lines with highly customized end product find it difficult to forecast on product basis :Correct Answer Your Answer The demand
The demand
Multiple Choice Single Answer Question :The supply chain management is compared by " Cooper and Ellram" with Relay Team
Correct Answer Your Answer
Relay Team
True/False Question All forecasting methods require complex calculations and therefore are ideally suited to be done by a computer. Correct Answer Your Answer False
True
True/False Question The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level. Correct Answer Your Answer False
False
Multiple Choice Single Answer Question Which is the system in which production is demand driven, Page 1
scm coordinated with actual customer demand? Correct Answer Your Answer Pull Base System
Push Base system
Select The Blank Question BOM can have ________ levels. Many
Two
Multiple Choice Single Answer Question Different machines were clustered together to eliminate : Transportation of item
Transportation of item
Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Three
Three
True/False Question Warehousing & Transportation are not at all related activity in SCM. False
False
Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Your Answer Exceeding
Not meeting
Multiple Choice Multiple Answer Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Page 2
scm Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply
Multiple Choice Single Answer Question The levels at which long term decisions are made is :Strategic
Tactical
Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Your Answer Customer Order promised cycle time
Customer Order promised cycle time
Select The Blank Question One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the major customers. Correct Answer Your Answer Clustered
Clustered
Multiple Choice Multiple Answer Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :Correct Answer Management & effort , Initial implementation , The continuing effort to run the system Your Answer Management & effort , Initial implementation , The continuing effort to run the system
Multiple Choice Single Answer Question Outsourcing to 3PL companies to world class standards allow the company to realize their anticipated benefits:Correct Answer Your Answer Immediately
Immediately
True/False Question A two bin system is not appropriate with many stock items. True Page 3
False
scm
Multiple Choice Single Answer Question To provide an adequate support what will be need to do with information system? Correct Answer Your Answer Major overhaul
Major overhaul
Multiple Choice Multiple Answer Question The Technical Aspects of EDI agreement are :-
Correct Answer coding system , The EDI that is to be employed , The Network that is to be used Your Answer coding system The EDI that is to be employed , The Network that is to be used ,
Multiple Choice Single Answer Question The Data required for the IT application in the field of SCM is mainly based on:Correct Answer Your Answer Decision Making
Data Structure
Match The Following Question Correct Answer Your Answer
Manager participation in SCM activity 0.16 0.16
Director/GM participation in SCM activity 0.28 0.28
Vice President participation in SCM activity 0.17 0.17
President participation in SCM activity 0.14 0.14
True/False Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is require to get involved for the success. Correct Answer True Page 4
scm Your Answer True
True/False Question BOM is best thought of as divided interval levels. True
True
Multiple Choice Single Answer Question How does aggregate plan created by master production schedule become extremely detailed plan? Correct Answer Your Answer MRP translates it
MRP translates it
Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Your Answer Seats , Backs , Legs
Seats , Backs , Legs
Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for the organization? Correct Answer Your Answer Common
Common
Multiple Choice Multiple Answer Question The category of forecasting are :Short Term , Medium Term , Long Term
Short Term , Medium Term , Long Term
True/False Question The globalization of supply chain does not change the requirement within supply chain management. Correct Answer Your Answer False
False
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scm Multiple Choice Multiple Answer Question The treasury equation refers to predict customer spending will look at the factors like :Correct Answer Index Your Answer Index Consumer Non Durable Spending , Unemployment Rate , Inflation
Consumer Non Durable Spending , Unemployment Rate , Inflation
True/False Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels. Correct Answer Your Answer True
True
Multiple Choice Multiple Answer Question counting? When conformance is not achieved, what is the role of cycle
Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action
Multiple Choice Multiple Answer Question Companies that would obviously gain very little from postponement, experiences a radically different picture in their business like :Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation Your Answer Low value of short time to market , Low product proliferation , Medium inventory value
Select The Blank Question A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals. Correct Answer Your Answer Logistics
Distribution
True/False Question Logistics covers 90% cost of manufacturing. False Page 6
Correct Answer
scm Your Answer False
Multiple Choice Single Answer Question In any event, we prefer the forecasting method that gives which type of Average squared error? Correct Answer Your Answer Lowest
Zero
Select The Blank Question The indirect cost increase has the consequent ________ the infrastructure & resources. Correct Answer Your Answer Impacts on
Effects on
Select The Blank Question World class Logistics study is published in the year ________. 1995
1996
Select The Blank Question In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in demand. Correct Answer Your Answer Less
Less
Stock out ratio Is comparison of % of demand actually satisfied with the defined service Is comparison of % of demand actually satisfied with the defined service
Lead time Is the time between a replenishment need arising & new deliveries being ready for use Is the time between a replenishment need arising & new deliveries being ready for use
Inventory service level Is % probability of stock availability to meet demands Is % probability of stock availability to meet demands Page 7
scm ABC Analysis Can be used to classify stock groups Can be used to classify stock groups
Multiple Choice Multiple Answer Question The operational perspective in management of inventory level are :-
Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production levels
Multiple Choice Single Answer Question The data content & floors of stock record systems are needed by which methods? Correct Answer Your Answer Just in time
Just in time
True/False Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to maintain significant amount of inventory. Correct Answer Your Answer True
True
Multiple Choice Multiple Answer Question JIT philosophy has following features :-
Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve
Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes more important capability. Correct Answer Your Answer Applicability
Applicability
Select The Blank Page 8
scm Question Japanese logistics performance and its ________ are paramount priorities in their business environment. Correct Answer Your Answer Effectiveness
Effectiveness
Select The Blank Question disruption. Suppliers agree to give customer ________ plans to cope with Contingency
Contingency
Page 9
LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The starting point for any logistics, strategy must be through understanding of the requirement of :Correct Answer Customer Your Answer Production
Multiple Choice Single Answer Question Almost 50% of Indian industries are using which of the following concepts? Correct Answer TQM Your Answer ERP
Multiple Choice Multiple Answer Question JIT is :Correct Answer Top Down system , Centrally organized , Imposed production system Your Answer Top Down system , Centrally organized , Implement procurement system Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
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 The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Strategic
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 True
True/False Question
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
Select The Blank Question The primary purpose of inventory is to ________ against any uncertainty that might exist in supply chain. Correct Answer Buffer Your Answer Buffer
Match The Following Question Outgoing inventory
Correct Answer Is predicted or expected sales The forecast demand for the item Any scheduled receipt from previous orders that are currently being processed
Your Answer Is the amount of inventory on hand at end of planning period Is predicted or expected sales Any scheduled receipt from previous orders that are currently being processed
Gross Requirement Scheduled Receipt
On hand inventory
Is the amount of inventory Is the amount of inventory on hand at start of on hand at start of planning planning period period
True/False
Question
JIT/TQM are the tools for SCM.
Correct Answer True Your Answer True/False Question True
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
True/False Question
Postponement does guarantee win win situation under all circumstance in spite of cost involved. Correct Answer True Your Answer True
True/False Question
Backorder means an unfilled customer order.
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
Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Exceeding Your Answer Not meeting
Correct Answer
Your Answer
Modeling approaches are Which facilitate concise For the most part give methods review & at the same time normative models for more attempt to accommodate strategic decisions. the above polarity. Rough cut methods give guiding policies Network design methods For the operation decisions. For the most part give normative models for more strategic decisions. A comprehensive supply chain model can be analyzed. Give guiding policies for strategic decisions. For the operation decisions. Give normative models for more operator decisions.
Simulation is the method by which
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 The geographic placement of production facility, stocking points & sourcing is the ________ step in creating supply chain. Correct Answer First Your Answer Fifth
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
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 Select The Blank
Question
BOMs are structural ________ that changes relatively infrequently. Correct Answer Information Your Answer Items
Multiple Choice Single Answer Question What is Supply Chain? Correct Answer Network of Facility & Distribution Your Answer True/False Question Network of Intermediate and Finished products
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 Inventories
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
US
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 Unbelievable
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 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 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 Subcontracting , No Machine Addition. Select The Blank Question As compared to minimal cost strategy the level strategy is ________. Correct Answer Cheaper Your Answer Cheaper
Multiple Choice Multiple Answer Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer True/False Short Term , Medium Term , Long Term
Question
Multiple Choice Multiple Answer Question The inventory control systems are :Correct Answer Two bin , Re-order cycle , Annual demand Your Answer True/False Question Two bin , Re-order cycle , Monthly demand
The key point about structural information is that it changes relatively infrequently. Correct Answer True Your Answer True
Select The Blank Question Kanban is not a magic bullet, it is rather an organizational shift towards ________ of responsibility. Correct Answer Decentralization Your Answer Delegation
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 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
Multiple Choice Single Answer Question Master production schedule helps to improve the performance of the value flow across the :Correct Answer Supply chain Your Answer Supply chain
Multiple Choice Multiple Answer Question The data entered for the problem scenario are :Correct Answer Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity Requirement per Product Your Answer Capacity Unit of Planning Resourcing , Capacity Requirement per Product , Total Number of Planning Resources Select The Blank Question Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________ sourcing initiative. Correct Answer partnership Your Answer partnership
scm1 SUPPLY CHAIN MANAGEMENT Semester IV
Select The Blank Question Suppliers are ________ to JIT business. Crucial
Necessary
Reliability It relates with the ability to perform the promised services with dependability and accuracy It relates with the ability to perform the promised services with dependability and accuracy
Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied
Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery
Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested
Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :-
Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time
Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Page 1
scm1 Correct Answer Your Answer Organisation
Supply Chain Management
Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Your Answer Requested delivery date
Requested delivery date
Multiple Choice Multiple Answer Question Following are the parameters of Transportation Metrics :Transit time , Outbound Freight cost , Freight Cost per unit
Correct Answer shipped Your Answer shipped
Transit time , Outbound Freight cost , Freight Cost per unit
True/False Question The effect of buying discount / price breaks does need to be calculated additionally. Correct Answer Your Answer False
True
True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer Your Answer True
True
True/False Question Inventory Turns means turns over per year for inventory procurement. True
True
Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Cycle counting , Control group cycle counting , Random cycle Page 2
Correct Answer
scm1 counting Your Answer Control group cycle counting , Random cycle counting
Multiple Choice Single Answer Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Your Answer Chain wide Management
Chain wide Management
Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Your Answer Management
Management
Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Your Answer Kanban
Kanban
True/False Question Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce. Correct Answer Your Answer True
True
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Page 3
scm1 Industrial dynamics Burbidge Van Amstel
Select The Blank Question are. We have criteria for ________ forecasts, however generalized they Distinguishing
Comparing
Select The Blank Question According the example, for minimal cost, the number of initial workers considered is ________ Correct Answer Your Answer 9 10
Multiple Choice Single Answer Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on Inventory Carrying and Ordering cost? Correct Answer Your Answer It will be optimized
It will be reduced
Multiple Choice Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer Your Answer 6 5
Multiple Choice Single Answer Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :Correct Answer Your Answer Pyramid
Pyramid
Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Page 4
scm1 Your Answer Consumer
Multiple Choice Multiple Answer Question Kanban is :-
Correct Answer A signal or message of communication , Used to control the flow of item through the production process , A push process Your Answer A signal or message of communication , Used to control the flow of item through the production process , A push process
True/False Question The total cost in minimal cost strategy is 63400. True
True
Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Your Answer Benchmarking
Benchmarking
Multiple Choice Single Answer Question In which technique when applied to the use of numbers in forecasting, vary from high to low? Correct Answer Your Answer Qualitative
Qualitative
Multiple Choice Multiple Answer Question embrace :In the Japanese concept of total productivity, for output they Quantity , Quality , Delivery
Quality , Delivery , Facilities
Multiple Choice Single Answer Question If the material requirement plan is accurate, then it results in better management of :Correct Answer Your Answer Cash flow Page 5
Production
scm1
Select The Blank Question Kanban process ________ focuses on the human factors of production. Indirectly
Directly
Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Your Answer Logistic Cost , Customer satisfaction
Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single Answer Question What affects the forecasting of performance levels? Changing environment
Foreseen events
Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to ________ total cost Correct Answer Your Answer Drive down
Minimise
True/False Question Distribution & Warehousing comes under supply chain measurement. True
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 Your Answer Internal Business , Training , Customer
Internal Business , Training , Customer
True/False Page 6
scm1 Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, but affects the other players in the supply chain. Correct Answer Your Answer True
False
Multiple Choice Multiple Answer Question time is:The changes to be made in supply chain due to problem of longer lead Speed it up , Restructure it , Change co-ordination
Speed it up , Restructure it , Change co-ordination
Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Your Answer Cost saving centre
Cost saving centre
Correct Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Your Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants
True/False Question total cost. The economic order quantity is the order quantity that minimizes True
True
True/False Question Backorder means an unfilled customer order. True
False
Select The Blank Question For the good result, supply chain require to be very ________. Page 7
scm1 Correct Answer Your Answer Transparent
Transparent
Select The Blank Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate. Correct Answer Your Answer Reasonably
Completely
Multiple Choice Single Answer Question The most relevant measures for capital input is that of :Replacement cost
Market value
Multiple Choice Single Answer Question The mechanism by which material and information flows through supply chain, is known as :Correct Answer Your Answer Pipeline
Chainline
Multiple Choice Multiple Answer Question Fixed quantity systems :-
Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks
Multiple Choice Multiple Answer Question The media for EDI communication are :LAN , Magnetic Tape/ Internet , Direct Data communication Link
Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple Answer Question In the single product example defined for planning into periods, some of the options are :Correct Answer Regular time , Hire employees , Fire employees Page 8
scm1 Your Answer Regular time , Hire employees , Fire employees
True/False Question The key point about structural information is that it changes relatively infrequently. Correct Answer Your Answer True
True
Page 9
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SUPPLY CHAIN MANAGEMENT Semester IV LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question Suppliers are ________ to JIT business. Correct Answer Crucial Your Answer Necessary Match The Following Question Correct Answer Your Answer Reliability It relates with the ability to perform the promised services with dependability and accuracy It relates with the ability to perform the promised services with dependability and accuracy Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Supply Chain Management Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Requested delivery date Multiple Choice Multiple Answer Question Following are the parameters of Transportation Metrics :Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped Your Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped True/False Question The effect of buying discount / price breaks does need to be calculated additionally. Correct Answer False Your Answer True
file://E:\DUMP\SYMBIOSIS PGDBA\SYMBIOSIS PGDBA\4TH SEMESTER\operat... 5/18/2007
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True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer True Your Answer True True/False Question Inventory Turns means turns over per year for inventory procurement. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Correct Answer Cycle counting , Control group cycle counting , Random cycle counting Your Answer Control group cycle counting , Random cycle counting Multiple Choice Single Answer Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Chain wide Management Your Answer Chain wide Management Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Management Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Kanban Your Answer Kanban True/False Question Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Seamless SCM Towill Towill Value of Information Glazer Peter Senge Filtering Del-Vecchio Burbidge Industrial dynamics Burbidge Van Amstel Select The Blank Question We have criteria for ________ forecasts, however generalized they are. Correct Answer Distinguishing Your Answer Comparing
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Select The Blank Question According the example, for minimal cost, the number of initial workers considered is ________ Correct Answer 10 Your Answer 9 Multiple Choice Single Answer Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on Inventory Carrying and Ordering cost? Correct Answer It will be optimized Your Answer It will be reduced Multiple Choice Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer 5 Your Answer 6 Multiple Choice Single Answer Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :Correct Answer Pyramid Your Answer Pyramid Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Consumer Multiple Choice Multiple Answer Question Kanban is :Correct Answer A signal or message of communication , Used to control the flow of item through the production process , A push process Your Answer A signal or message of communication , Used to control the flow of item through the production process , A push process True/False Question The total cost in minimal cost strategy is 63400. Correct Answer True Your Answer True Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Benchmarking Your Answer Benchmarking Multiple Choice Single Answer Question In which technique when applied to the use of numbers in forecasting, vary from high to low? Correct Answer Qualitative Your Answer Qualitative Multiple Choice Multiple Answer Question In the Japanese concept of total productivity, for output they embrace :-
Page 4 of 6
Correct Answer Quantity , Quality , Delivery Your Answer Quality , Delivery , Facilities Multiple Choice Single Answer Question If the material requirement plan is accurate, then it results in better management of :Correct Answer Cash flow Your Answer Production Select The Blank Question Kanban process ________ focuses on the human factors of production. Correct Answer Indirectly Your Answer Directly Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Logistic Cost , Customer satisfaction Your Answer Logistic Cost , Customer satisfaction , Employee Morale Multiple Choice Single Answer Question What affects the forecasting of performance levels? Correct Answer Changing environment Your Answer Foreseen events Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to ________ total cost Correct Answer Drive down Your Answer Minimise True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The SCM key metrics should be closely aligned to the company's strategic objectives. In this measurements usually covers :Correct Answer Internal Business , Training , Customer Your Answer Internal Business , Training , Customer True/False Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, but affects the other players in the supply chain. Correct Answer True Your Answer False Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer Cost saving centre
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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 , Allocation of Suppliers to plants True/False Question The economic order quantity is the order quantity that minimizes total cost. Correct Answer True Your Answer True True/False Question Backorder means an unfilled customer order. Correct Answer True Your Answer False Select The Blank Question For the good result, supply chain require to be very ________. Correct Answer Transparent Your Answer Transparent Select The Blank Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate. Correct Answer Reasonably Your Answer Completely Multiple Choice Single Answer Question The most relevant measures for capital input is that of :Correct Answer Replacement cost Your Answer Market value Multiple Choice Single Answer Question The mechanism by which material and information flows through supply chain, is known as :Correct Answer Pipeline Your Answer Chainline Multiple Choice Multiple Answer Question Fixed quantity systems :Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks Multiple Choice Multiple Answer Question The media for EDI communication are :Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN Multiple Choice Multiple Answer Question In the single product example defined for planning into periods, some of the options are :-
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Correct Answer Regular time , Hire employees , Fire employees Your Answer Regular time , Hire employees , Fire employees True/False Question The key point about structural information is that it changes relatively infrequently. Correct Answer True Your Answer True
SCM . In 1996, the purchase of logistics services by 3PL on behalf of their client in billion dollars was :25 30 28 40 2. The data content & floors of stock record systems are needed by which methods? Just in time Kanban Master production schedule M.R.P. Methods 3. In re-order level approach average stock levels stay more or More Equally Less Unequally the same and are Less responsive to change in demand. 4. The Data required for the IT application in the field of SCM is mainly based on:Decision Making Data Available Data Structure DBMS 5. According to Womack & Jones (1996),Who is the Prospective of SCM? Final Customer Manufacturer Transporter Supplier 6. The modeling approaches are :Network Design Rough Cut Method Simulation Based Operation Based 7. The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate. True False 8. The result of all the factors is that there is not a single integrated plan for the :Organisation Supply Chain Management Production Unit Retail Store 9. Postponement does guarantee win win situation under all circumstance in spite of cost involved. True False 10. The key in effective management of the firms transport strategy is :Shipment Size Routing Scheduling of Equipment Transport Vehicle Size. Page 1
SCM 11. Improved Quality & Delivery on Time are the benefits associated with CBI/DTI Peter Senge Lean Sterman partnership sourcing initiative. 12. The mechanism by which material and information flows through supply chain, is known as :Pipeline Infolog Logistics Chainline 13. Indirect cost increases can be caused by changes in the Production Logistics Marketing and distribution process. Procurement
14. Following are some of the tools for Supply Chain Measurement :Cash to cash cycle time Supply Chain cycle Time Inventory Replenishment Cycle Time Training Cycle Time 15. The cost of oversupply is high in case of highly customized end products as it is difficult to find for them:The The The The alternative alternative alternative alternative uses suppliers buyers process of production
16. 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. True False 17. Customer order promised cycle time is gap between the purchase order creation and Requested delivery date Goods received Purchase order placed Action started. 18. What can a company improve by being able to postpone the production in its existing business? Performance Working Profitability Sales 19. The Gap between purchase order creation date and requested delivery date is known as :Customer Order promised cycle time Manufacturing Cycle Time Inventory Replenishment Cycle Time DBMS 20. In MRP II, the concentration is on planning of the manufacturing resources like :People Machines Storage Requirement 21. The enriching the order decisions with market place information enables the Page 2
SCM factory to be much more responsive, since less supply chain Filtering is taking place. True False 22. The co-ordination between various players in the supply chain is the key for the effective :Management Organisation Operation Distribution 23. The retailers undertake Pareto Analysis routinely to Increase Calculate turnover of item. Predict Compare
24. The integration will make each unit of organization understand how the action will impact other parts of & enabling it to choose alternative that Optimize Satisfy Complete Enhance the organization goal. 25. 1. Gilmour 2. Davis 3. Billington 4. La Londe 2. 1. 1997 1995 3. 1999 4. 1992 5. 1998 6. 1993
26. The strength of postponement lies in its wide Scope Applicability Requirements Probabilities as speed becomes more important capability. 27. The alternative strategy to meet the increased demand will be to buy from subcontractor if it would have been :At cheaper cost At same cost with better quality Better Quality Only Faster Supplies 28. In 1990, General Motor had approximately :1770 suppliers 31 Assemble parts 30 million metric tonnes per day of shipment 10000 parts shipped per day 29. Total productivity appears the only relevant productivity measure for decision making purpose. True False 30. The models that describe operational decisions are often very Specific Simple Complex in nature. Clear
32. Market sales data is the Competitive Advantage Peter Senge effect Factor of integrity Information catalyst for the whole supply chain. 33. Following results are possible only & only if organisation goes for Supply chain Priorities:Cycle Time Page 3
SCM On Time Delivery Reduce Inventory Cost More Revenue 34. The Appraisal points for market information enriched strategy are :JIT Capacity Level Number of Stock turns Order Amplification Consumer Habit fluctuation 35. How the average inventory for the stock item is represented? By By By By 1/2 3/4 1/4 3/8 stock stock stock stock
36. The real benefits of Kanban will not be Available Used Realized Utilized until the auto-industry moves into a mixed production. 37. Most computer peripheral manufacturers have built one plant for major market places like:America Asia Europe Australia 38. The levels at which long term decisions are made is :Strategic Tactical Operational Management 39. A two bin system is not appropriate with many stock items. True False 40. MRP typically takes into account the capacity consideration. True False 41. ODETTE is not applicable for automobile industry. True False 42. In performance scenario, in a simplistic manner provides the continuous total productivity management cycle of :Measurement Evaluation Planning Effectiveness 43. While still maintaining high service level, the objective of supply chain manager for inventory is to :Decrease it Maintain it Increase it Make Zero Page 4
SCM 44. In practice, the data items for MPS will have normally same value in each week. True False 45. What is Supply Chain? Network Network Network Network of of of of Facility & Distribution procurement & Transportation of Material Intermediate and Finished products Sales And Distribution What-if What-when What-how What-required
46. It is often important to conduct analysis in MRP.
47. Different machines were clustered together to eliminate : Transportation of item Movement of workers Movement of tools Transportation of inspection equipments 48. The box jenkins method requires forecasters to :To make judgments Use their experience Use their expert judgment Use their Knowledge 49. How many levels the supply chain management is divided into ? Three Two Four Five 50. Products, with highly unpredictable levels of demand, high criticality, must hold high levels of stock and thereby allowing safety margins for :Delivery Lead time Demand Fluctuation Market Potential 51. In the supply chain , Material flows :Downstream Upstream Horizontally Vertically 52. Marketing, Distribution, planning and Manufacturing along the supply chain operate :Independently Interdependently Concurrently Singularly 1. Modeling 1. Is the tool used test the impact of strategic level decision have on supply chain performance. 2. Simulation 2. Is used to evaluate the impact of information sharing and Co-Ordination. 3. System 3. Is the tool for understanding issues of organizational decision making. 4. Analytical Solution 4. Is the facility or process of interest. 5. Is the possibility of using mathematical methods to Page 5
SCM obtain exact information on question of interest. 6. Is the process by which we try to gain the understanding of how the corresponding system behaves. 54. In order to avoid a stock in a specified period, the quantity required to be ordered is :135 145 150 125 55. The supply chain management is compared by " Cooper and Ellram" with :Relay Team Long Distance Runner Long Distance Jumper Hockey Team 56. If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Seats Backs Legs Chairs 57. 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. True False _________________________________________________________________________________ _________ Answers: 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 Single Answer Question The data content & floors of stock record systems are needed by which methods? Correct Answer Just in time Your Answer Master production schedule Multiple Choice Single Answer Question The alternative strategy to meet the increased demand will be to buy from subcontractor if it would have been :Correct Answer At cheaper cost Your Answer Faster Supplies 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 , 10000 parts shipped per day True/False Question
Total productivity appears the only relevant productivity measure Page 6
SCM for decision making purpose. Correct Answer True Your Answer False Select The Blank Question The models that describe operational decisions are often very ________ in nature. Correct Answer Specific Your Answer Complex Match The Following Question Correct Answer Your Answer Expedition More frequent & flexible delivery may be required for realignment of process More frequent & flexible delivery may not be required 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 Companies that used to collect customer orders on a weekly basis will need to improve the information collection cycle time for realignment of process Select The Blank Question Market sales data is the ________ for the whole supply chain. Correct Answer Information catalyst Your Answer Competitive Advantage Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue Your Answer On Time Delivery , Reduce Inventory Cost , More Revenue Multiple Choice 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 , Number of Stock turns , Consumer Habit fluctuation Multiple Choice Single Answer 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 The real benefits of Kanban will not be ________ until the auto-industry moves into a mixed production. Correct Answer Realized Your Answer Utilized Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Strategic Page 7
SCM True/False Question A two bin system is not appropriate with many stock items. Correct Answer True Your Answer True True/False Question MRP typically takes into account the capacity consideration. Correct Answer True Your Answer False True/False Question ODETTE is not applicable for automobile industry. Correct Answer False Your Answer True Multiple Choice Single Answer Question While still maintaining high service level, the objective of supply chain manager for inventory is to :Correct Answer Decrease it Your Answer Decrease it Multiple Choice Single Answer Question What is Supply Chain? Correct Answer Network of Facility & Distribution Your Answer Network of Intermediate and Finished products 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 Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Movement of workers Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three Multiple Choice Single Answer Question In the supply chain , Material flows :Correct Answer Downstream Your Answer Horizontally Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing along the supply chain operate :Correct Answer Independently Your Answer Concurrently Match The Following Question Correct Answer Your Answer Analytical Solution Is the possibility of using mathematical methods to obtain exact information on question of interest. Is the possibility of using mathematical methods to obtain exact information on question of interest. Modeling Is the process by which we try to gain the understanding of how the corresponding system behaves. Is used to evaluate the impact of information sharing and Co-Ordination. Simulation Is the tool for understanding issues of organizational decision making. Is the tool used test the impact of strategic level decision have on supply chain performance. System Is the facility or process of interest. Is the process by which we try to Page 8
SCM gain the understanding of how the corresponding system behaves. Multiple Choice Single Answer Question The supply chain management is compared by " Cooper and Ellram" with :Correct Answer Relay Team Your Answer Relay Team Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs True/False Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to maintain significant amount of inventory. Correct Answer True Your Answer True Select The Blank Question 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 The Data required for the IT application in the field of SCM is mainly based on:Correct Answer Decision Making Your Answer DBMS Multiple Choice Single Answer Question According to Womack & Jones (1996),Who is the Prospective of SCM? Correct Answer Final Customer Your Answer Final Customer 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 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 The mechanism by which material and information flows through supply chain, is known as :Correct Answer Pipeline Your Answer Pipeline Select The Blank Question Indirect cost increases can be caused by changes in the ________ and distribution process. Correct Answer Production Your Answer Production Page 9
SCM Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time , Training Cycle Time 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 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 Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Requested delivery date Multiple Choice Single Answer Question What can a company improve by being able to postpone the production in its existing business? Correct Answer Performance Your Answer Sales Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Customer Order promised cycle time Your Answer Customer Order promised cycle time Multiple Choice Multiple Answer Question In MRP II, the concentration is on planning of the manufacturing resources like :Correct Answer People , Machines , Storage Your Answer People , Machines , Storage True/False Question 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 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 The retailers undertake Pareto Analysis routinely to ________ turnover of item. Correct Answer Compare Your Answer Increase 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 Page 10
SCM Your Answer Complete Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes more important capability. Correct Answer Applicability Your Answer Applicability
Page 11
Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Strategic
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 True
True/False Question
On hand inventory
True/False
Question
True/False Question
True/False Question
Correct Answer
Your Answer
Question
Your Answer
US
Question
True/False Question
scm1 SUPPLY CHAIN MANAGEMENT Semester IV
Select The Blank Question Suppliers are ________ to JIT business. Crucial
Necessary
Reliability It relates with the ability to perform the promised services with dependability and accuracy It relates with the ability to perform the promised services with dependability and accuracy
Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied
Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery
Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested
Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :-
Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time
Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Page 1
scm1 Correct Answer Your Answer Organisation
Supply Chain Management
Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Your Answer Requested delivery date
Requested delivery date
Multiple Choice Multiple Answer Question Following are the parameters of Transportation Metrics :Transit time , Outbound Freight cost , Freight Cost per unit
Correct Answer shipped Your Answer shipped
Transit time , Outbound Freight cost , Freight Cost per unit
True/False Question The effect of buying discount / price breaks does need to be calculated additionally. Correct Answer Your Answer False
True
True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer Your Answer True
True
True/False Question Inventory Turns means turns over per year for inventory procurement. True
True
Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Cycle counting , Control group cycle counting , Random cycle Page 2
Correct Answer
scm1 counting Your Answer Control group cycle counting , Random cycle counting
Multiple Choice Single Answer Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Your Answer Chain wide Management
Chain wide Management
Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Your Answer Management
Management
Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Your Answer Kanban
Kanban
True/False Question Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce. Correct Answer Your Answer True
True
Seamless SCM Towill Towill
Value of Information Glazer Peter Senge
Filtering Del-Vecchio Burbidge
Page 3
scm1 Industrial dynamics Burbidge Van Amstel
Select The Blank Question are. We have criteria for ________ forecasts, however generalized they Distinguishing
Comparing
Select The Blank Question According the example, for minimal cost, the number of initial workers considered is ________ Correct Answer Your Answer 9 10
Multiple Choice Single Answer Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on Inventory Carrying and Ordering cost? Correct Answer Your Answer It will be optimized
It will be reduced
Multiple Choice Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer Your Answer 6 5
Multiple Choice Single Answer Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :Correct Answer Your Answer Pyramid
Pyramid
Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Page 4
scm1 Your Answer Consumer
Multiple Choice Multiple Answer Question Kanban is :-
Correct Answer A signal or message of communication , Used to control the flow of item through the production process , A push process Your Answer A signal or message of communication , Used to control the flow of item through the production process , A push process
True/False Question The total cost in minimal cost strategy is 63400. True
True
Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Your Answer Benchmarking
Benchmarking
Multiple Choice Single Answer Question In which technique when applied to the use of numbers in forecasting, vary from high to low? Correct Answer Your Answer Qualitative
Qualitative
Multiple Choice Multiple Answer Question embrace :In the Japanese concept of total productivity, for output they Quantity , Quality , Delivery
Quality , Delivery , Facilities
Multiple Choice Single Answer Question If the material requirement plan is accurate, then it results in better management of :Correct Answer Your Answer Cash flow Page 5
Production
scm1
Select The Blank Question Kanban process ________ focuses on the human factors of production. Indirectly
Directly
Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Your Answer Logistic Cost , Customer satisfaction
Logistic Cost , Customer satisfaction , Employee Morale
Multiple Choice Single Answer Question What affects the forecasting of performance levels? Changing environment
Foreseen events
Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to ________ total cost Correct Answer Your Answer Drive down
Minimise
True/False Question Distribution & Warehousing comes under supply chain measurement. True
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 Your Answer Internal Business , Training , Customer
Internal Business , Training , Customer
True/False Page 6
scm1 Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, but affects the other players in the supply chain. Correct Answer Your Answer True
False
Multiple Choice Multiple Answer Question time is:The changes to be made in supply chain due to problem of longer lead Speed it up , Restructure it , Change co-ordination
Speed it up , Restructure it , Change co-ordination
Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Your Answer Cost saving centre
Cost saving centre
Correct Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Your Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants
True/False Question total cost. The economic order quantity is the order quantity that minimizes True
True
True/False Question Backorder means an unfilled customer order. True
False
Select The Blank Question For the good result, supply chain require to be very ________. Page 7
scm1 Correct Answer Your Answer Transparent
Transparent
Select The Blank Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate. Correct Answer Your Answer Reasonably
Completely
Multiple Choice Single Answer Question The most relevant measures for capital input is that of :Replacement cost
Market value
Multiple Choice Single Answer Question The mechanism by which material and information flows through supply chain, is known as :Correct Answer Your Answer Pipeline
Chainline
Multiple Choice Multiple Answer Question Fixed quantity systems :-
Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks
Multiple Choice Multiple Answer Question The media for EDI communication are :LAN , Magnetic Tape/ Internet , Direct Data communication Link
Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple Answer Question In the single product example defined for planning into periods, some of the options are :Correct Answer Regular time , Hire employees , Fire employees Page 8
scm1 Your Answer Regular time , Hire employees , Fire employees
True/False Question The key point about structural information is that it changes relatively infrequently. Correct Answer Your Answer True
True
Page 9
True/False Question
True/False Question
Modeling
Simulation
System
True/False Question
Question
Question
Question
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 True/False Question Measurement , Evaluation , Planning
Multiple Choice Multiple Answer Question The strategic decision in supply chain includes :Correct Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Your Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Correct Answer Cycle counting , Control group cycle counting , Random cycle counting Your Answer Cycle counting , Control group cycle counting , Random cycle counting Multiple Choice Multiple Answer
Question
The consequence of longer lead time will often be :-
Correct Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory Your Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory Multiple Choice Single Answer Question Delaying the component production until shortly before demand is known, may imply producing in :Correct Answer Small batches Your Answer Small batches
Match The Following Question Planned order release
Correct Answer
Your Answer
When we need to release What we will receive each the planned orders having period as a result of regard to lead time planned orders required What the inventory level What we will each period will be if we produce as a receive of purchased according to plan above & orders demand forecast is correct When we need to release the planned orders having regard to lead time required
Projected on hand
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 Planned order receipt
What we will receive each What we will need in each period as a result of period to avoid stock out planned orders 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
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 True/False Question Market
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 True/False Question Placing an order
Another aspect of Toyoto production system was reduction of setup time. Correct Answer True Your Answer True
True/False Question
True/False Question
Multiple Choice Single Answer Question Which of the following is the cost in the supply contract? Correct Answer Researching & negotiating Your Answer True/False Question Researching & negotiating
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
Correct Answer 1996 1960 1990 1994
Your Answer 1996 1947 1960 1990
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.
Multiple Choice Multiple Answer Question In MRP II, the concentration is on planning of the manufacturing resources like :Correct Answer People , Machines , Storage Your Answer People , Machines , Storage
Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two
Multiple Choice Single Answer Question Historically economic techniques/methods tend to have large forecasting errors, for which term? Correct Answer Medium Your Answer Short
Multiple Choice Multiple Answer Question Following are the functions of EDI software :Correct Answer Interfacing with VADS , Trading Partner Database , Encryption of EDI Message Your Answer Interfacing with VADS , Trading Partner Database , Encryption of EDI Message Multiple Choice Single Answer Question The concept of unfilled customer order as a measurement is known as :Correct Answer A backorder Your Answer Reverse order
Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination
Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Logistic Cost , Customer satisfaction Your Answer Logistic Cost , Customer satisfaction , Employee Morale
Select The Blank Question The purpose of the analysis is to discern some relationship between Y1 values observed so far in order to ________ us to forecast future values of Y1. Correct Answer Enable Your Answer Enable
Multiple Choice Multiple Answer Question EDI agreement Legal Aspects covers :Correct Answer Internet cyber law , Time that message will be retained , Procedure for settling any dispute Your Answer Time that message will be retained , Procedure for settling any dispute , Legal Jurisdiction for settling dispute Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Exceeding Your Answer Meeting
Select The Blank Question The multi plant co-ordination is to coordinate the ________ plans of several plants. Correct Answer Production Your Answer Supply chain
Multiple Choice Single Answer Question The Combination of integrated & Non-integrated measures may allow PLAYER in supply chain to assess :Correct Answer Chain as a whole Your Answer Chain as a whole
Multiple Choice Single Answer Question If a defective piece was found in Kanban then what happened to production of specified quantity in Kanban?
Correct Answer Quantity was not met Your Answer True/False Question Quantity was not met
Defects per million opportunities(DPMO) is concept of Four Sigma. Correct Answer False Your Answer True
True/False Question
The visual record process is only a sub-process in Japanese Kanban Management system. Correct Answer True Your Answer False
Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Wholesaler
Select The Blank Question Exponential smoothing can be viewed as forecast continually________ by the forecast error just made. Correct Answer Updated Your Answer Improved
The total cost in minimal cost strategy is 63400. Correct Answer True Your Answer True
Match The Following Question Correct Answer Your Answer Poka-yoke Means foolproof Means foolproof machines & machines & method, so as method, so as to to prevent prevent production production mistake mistake Means trouble lights which immediately signals to production line that there is a problem to be solved Enabling machines to be autonomous & able to automatically detect defects Means a workforce flexible enough to cope with changes in production & using different machines Means trouble lights which immediately signals to production line that there is a problem to be solved Enabling machines to be autonomous & able to automatically detect defects Means a workforce flexible enough to cope with changes in production & using different machines
Andon
Jikoda
Shojinka
Multiple Choice Single Answer Question As per the cost information, the lot for lot rule can be derived for which particular item? Correct Answer Least costly Your Answer Economic one
Match The Following Question Correct Answer Your Answer Order Processing Order Picking Material Follow- Material up Processing and Supply Material Collection Material Followup and Collection
Order Consolidation
Material Follow- Material up and procurement Collection
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 True/False Question Detailed
Inventory Turns means turns over per year for inventory procurement. Correct Answer True Your Answer True
True/False Question
A two bin system is not appropriate with many stock items. Correct Answer True Your Answer True
Multiple Choice Multiple Answer Question Key indicators on which Japanese concentrate their efforts on continuous improvement Kaizen are :Correct Answer Quality , Price , Delivery
Your Answer
Quality , Price , Delivery
Multiple Choice Multiple Answer Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer Short Term , Medium Term , Long Term True/False Question
ODETTE is not applicable for automobile industry. Correct Answer False Your Answer False
Multiple Choice Single Answer Question The location decision in supply chain entities are concerned with:Correct Answer Plants Your Answer Transportation
Multiple Choice Single Answer Question An example of multiple equation method given in an economic model is the treasury model of which economy? Correct Answer UK Your Answer True/False Question UK
For a fixed time re-order cycle system, the time at risk is reorder lead time plus the re-order cycle time. Correct Answer True Your Answer True
True/False Question
By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for
improving internal operations. Correct Answer False Your Answer False
Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable holding cost to ________ total cost Correct Answer Drive down Your Answer Reduce
Multiple Choice Single Answer Question In 1996, the purchase of logistics services by 3PL on behalf of their client in billion dollars was :Correct Answer 25 Your Answer 25
Multiple Choice Multiple Answer Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :Correct Answer Management & effort , Initial implementation , The continuing effort to run the system Your Answer Management & effort , Initial implementation , The continuing effort to run the system Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination Select The Blank Question The third party providers who can ________ the need of transition from their focus on product oriented services to new strategies like long term business
partnerships will most likely enjoy long term success. Correct Answer Meet Your Answer True/False Question Arrange
In practice, the data items for MPS will have normally same value in each week. Correct Answer False Your Answer True
MRP package can be used to examine, meeting the predetermined production schedule for chairs. Correct Answer True Your Answer True
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 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
Select The Blank Question By being able to postpone the production to the point where ________ is better known, the company can greatly improve its forecasting abilities. Correct Answer Demand Your Answer Needs
Select The Blank Question Category C items are relatively unimportant inventory items & are responsible for ________% of inventory cost. Correct Answer 5 Your Answer 5
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 True/False Question Benchmarking
General Co-ordination is the integration of different function, i.e. production planning, purchasing, sales and distribution. Correct Answer True Your Answer False
Multiple Choice Single Answer Question Which is the tool Available with the industry to learn the business outside to plan the policy for success? Correct Answer Benchmarking Your Answer TQM
Multiple Choice Single Answer Question In the Supply Chain approach the example for the Individual set of Business activities is the :Correct Answer Logistics Activities
Your Answer
Logistics Activities
Select The Blank Question ODETTE an EDI Format is developed & used by ________motor Industry. Correct Answer European Your Answer True/False Question European
The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level. Correct Answer False Your Answer False
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
True/False Question
True/False Question
Modeling
Simulation
System
True/False Question
Question
Question
Question
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 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
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?
Correct Answer
Your Answer
The impact of postponement Significant value was Carry out more variety of coloration until the created in value chain & without increasing inventory customer uses the product manufacturing cost & safety stock both decreased The impact of postponement Inventory was cut to half in case of PC company The impact of postponement Decrease in inventory made of customization of printer to up for the increased cost in DC areas creating some assembly function at DC level Carry out more variety by slightly increasing inventory Decrease in inventory made up for the increased cost in creating some assembly function at DC level
The impact of postponement Carry out more variety Significant value was created in RPAG without increasing inventory 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
True/False Question
The estimate is that the 3 PL industry will quadruple its size in next five years. Correct Answer False Your Answer False
Multiple Choice Single Answer Question In the current business scenario Indian organisations require to improve customer service to become perfect in :Correct Answer Customer centric process Your Answer True/False Question Business Analysis
In an ideal world we would like a forecasting method for which all errors are near zero. Correct Answer False Your Answer True
Select The Blank Question Simple method for Time series forecasting is to take a ________ Average. Correct Answer Moving Your Answer Non Weighted Moving
Multiple Choice Multiple Answer Question The globalization has forced local companies to improve following:Correct Answer Manufacturing Practices , Supply Chain Management , Inventory Levels and Distribution Capabilities Your Answer Distribution Network , Supply Chain Management , Inventory Levels and Distribution Capabilities Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer Policy Matter
Multiple Choice Multiple Answer Question If the requirement of chairs as given are 135 in week 3, 90 in week 5, 60 in week 6 then the requirement of seats are :Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4 Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Select The Blank
Question
The realistic ________ demonstrate the benefits of a holistic view of supply chain information flow. Correct Answer Simulation Model Your Answer Simulation Model
Select The Blank Question The mode choice aspect of transport decisions are more ________ ones, as they are closely linked with inventory decision. Correct Answer Strategic Your Answer Locational
Select The Blank Question From the output by MRP package for chairs in the example, we are advised to place an order for ________ legs in week 2. Correct Answer Overhead Your Answer True/False Question Overhead
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 True/False Question Indirectly
Correct Answer True Your Answer True/False Question False
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 True/False Question Inhouse training , APICS Membership , Certification Training
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 True/False Question Final
By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for improving internal operations.
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
Correct Answer
Your Answer
Which facilitate concise Give guiding policies for review & at the same time strategic decisions. attempt to accommodate the above polarity. For the operation decisions. Give normative models for more operator decisions. For the most part give normative models for more strategic decisions. A comprehensive supply chain model can be analyzed. For the most part give normative models for more strategic decisions.
Simulation is the method by A comprehensive supply which chain model can be analyzed. True/False Question
Retailers are not interested in low stock run.
Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Benchmarking Your Answer Push Base system
Multiple Choice Multiple Answer Question Realignment of infrastructure includes :-
Correct Answer Production & warehouse premises , Production equipment , Information & IT system Your Answer Production & warehouse premises , Production equipment , Supplies Multiple Choice Multiple Answer Question In Supply Chain Management, the goal is to be able to replace inventory of :Correct Answer Manufacturers , Suppliers , Customers Your Answer Manufacturers , Suppliers , Distributors
Multiple Choice Multiple Answer Question When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for corrective action , To provide for future action Multiple Choice Multiple Answer Question The problems faced by the HP DCs due to traditional system were :Correct Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed Your Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed True/False Question
For a fixed time re-order cycle system, the time at risk is re-order lead time plus the re-order cycle time. Correct Answer True Your Answer False
True/False Question
There are no international EDI standards. The user organization require to develop it for their operation only. Correct Answer False Your Answer False
Multiple Choice Single Answer Question SCM is the management philosophy to deal with integrated material & information flow, right from raw material to consumption of finished goods but the focus is given to :Correct Answer End User Your Answer Question End User The fire in 1997 forced Toyoto to embark upon review of ________ that were sourced from single supplier.
Correct Answer Components Your Answer Raw Materials
Select The Blank Question Paper or computer records require time to check ________ against recorder level. Correct Answer Stock Your Answer Availability
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
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 True/False FMCG
Question
Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True/False Question True
Question
Holding costs are expressed as a % of stock values. What is the percentage? Correct Answer 15% - 30% Your Answer True/False Question 20% - 30%
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
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 True/False Question First
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
Select The Blank Question Outsourcing is not without risks, in fact the benefits are ________ more transparent with risks Often being hidden initially. Correct Answer Often Your Answer Mostly
Select The Blank Question The multi plant co-ordination is to coordinate the ________ plans of several plants. Correct Answer Production Your Answer Distribution
Select The Blank Question The real benefits of Kanban will not be ________ until the auto-industry moves into a mixed production. Correct Answer Realized Your Answer True/False Utilized
Question
Defects per million opportunities(DPMO) is concept of Four Sigma. Correct Answer False Your Answer True/False Question True
Multiple Choice Multiple Answer Question EDI agreement Legal Aspects covers :Correct Answer Internet cyber law , Time that message will be retained , Procedure for settling any dispute Your Answer Time that message will be retained , Procedure for settling any dispute , Legal Jurisdiction for settling dispute True/False Question
There may be a temptation to dismiss the Kaizen concept particularly suited to Japanese mentality. Correct Answer True Your Answer True
Match The Following Question Product Champion Pull & Push concept discussion Simulation Model Player concept
Correct Answer Andraski Hoeskstra & Romme Sterman Forrester(1960)
Your Answer Poul Jonh Andraski Glazer Forrester(1960)
Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer True/False Question Four
If the supply chain do not track uncertainties than it leads to non optimal stocking levels. Correct Answer True
Your Answer
True
Select The Blank Question The enrichment mechanism is an ________ point of sales link. Correct Answer Electronic Your Answer Critical
Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Management
Match The Following Question Other Unit production cost
Correct Answer
Your Answer
The cost of production of The cost of holding one one unit of the product unit in stock at the end of that is not accounted in each Month. employee cost. The cost of hiring an employee. The cost of hiring an employee.
Hiring cost Unit inventory holding cost
The cost of holding one The cost of production of unit in stock at the end of one unit of the product each period. that is not accounted in employee cost. The cost of holding one unit procured from external source at the end of each period.
Unit subcontracting cost The cost of each unit bought from external source.
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
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
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 True/False Question FMCG
Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True
True/False Question
Multiple Choice Single Answer Question Holding costs are expressed as a % of stock values. What is the percentage? Correct Answer 15% - 30% Your Answer True/False Question 20% - 30%
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SUPPLY CHAIN MANAGEMENT Semester IV LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery Multiple Choice Single Answer Question Product lines with highly customized end product find it difficult to forecast on product basis :Correct Answer The demand Your Answer The demand Multiple Choice Single Answer Question The supply chain management is compared by " Cooper and Ellram" with :Correct Answer Relay Team Your Answer Relay Team True/False Question All forecasting methods require complex calculations and therefore are ideally suited to be done by a computer. Correct Answer False Your Answer True True/False Question The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which is the system in which production is demand driven, coordinated with actual customer demand? Correct Answer Pull Base System Your Answer Push Base system Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two Multiple Choice Single Answer Question Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Transportation of item Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three
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True/False Question Warehousing & Transportation are not at all related activity in SCM. Correct Answer False Your Answer False Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Exceeding Your Answer Not meeting Multiple Choice Multiple Answer Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Tactical Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Customer Order promised cycle time Your Answer Customer Order promised cycle time Select The Blank Question One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the major customers. Correct Answer Clustered Your Answer Clustered Multiple Choice Multiple Answer Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :Correct Answer Management & effort , Initial implementation , The continuing effort to run the system Your Answer Management & effort , Initial implementation , The continuing effort to run the system Multiple Choice Single Answer Question Outsourcing to 3PL companies to world class standards allow the company to realize their anticipated benefits:Correct Answer Immediately Your Answer Immediately True/False Question A two bin system is not appropriate with many stock items. Correct Answer True Your Answer False Multiple Choice Single Answer
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Question To provide an adequate support what will be need to do with information system? Correct Answer Major overhaul Your Answer Major overhaul Multiple Choice Multiple Answer Question The Technical Aspects of EDI agreement are :Correct Answer coding system , The EDI that is to be employed , The Network that is to be used Your Answer The EDI that is to be employed , The Network that is to be used , coding system Multiple Choice Single Answer Question The Data required for the IT application in the field of SCM is mainly based on:Correct Answer Decision Making Your Answer Data Structure Match The Following Question Correct Answer Your Answer Manager participation in SCM activity 0.16 0.16 Director/GM participation in SCM activity 0.28 0.28 Vice President participation in SCM activity 0.17 0.17 President participation in SCM activity 0.14 0.14 True/False Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is require to get involved for the success. Correct Answer True Your Answer True True/False Question BOM is best thought of as divided interval levels. Correct Answer True Your Answer True Multiple Choice Single Answer Question How does aggregate plan created by master production schedule become extremely detailed plan? Correct Answer MRP translates it Your Answer MRP translates it Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for the organization? Correct Answer Common Your Answer Common Multiple Choice Multiple Answer
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Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer Short Term , Medium Term , Long Term True/False Question The globalization of supply chain does not change the requirement within supply chain management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The treasury equation refers to predict customer spending will look at the factors like :Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index True/False Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action Multiple Choice Multiple Answer Question Companies that would obviously gain very little from postponement, experiences a radically different picture in their business like :Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation Your Answer Low value of short time to market , Low product proliferation , Medium inventory value Select The Blank Question A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals. Correct Answer Logistics Your Answer Distribution True/False Question Logistics covers 90% cost of manufacturing. Correct Answer False Your Answer False Multiple Choice Single Answer Question In any event, we prefer the forecasting method that gives which type of Average squared error? Correct Answer Lowest Your Answer Zero Select The Blank Question The indirect cost increase has the consequent ________ the infrastructure & resources. Correct Answer Impacts on
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Your Answer Effects on Select The Blank Question World class Logistics study is published in the year ________. Correct Answer 1995 Your Answer 1996 Select The Blank Question In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in demand. Correct Answer Less Your Answer Less Match The Following Question Correct Answer Your Answer Stock out ratio Is comparison of % of demand actually satisfied with the defined service Is comparison of % of demand actually satisfied with the defined service Lead time Is the time between a replenishment need arising & new deliveries being ready for use Is the time between a replenishment need arising & new deliveries being ready for use Inventory service level Is % probability of stock availability to meet demands Is % probability of stock availability to meet demands ABC Analysis Can be used to classify stock groups Can be used to classify stock groups Multiple Choice Multiple Answer Question The operational perspective in management of inventory level are :Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production levels Multiple Choice Single Answer Question The data content & floors of stock record systems are needed by which methods? Correct Answer Just in time Your Answer Just in time True/False Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to maintain significant amount of inventory. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question JIT philosophy has following features :Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes more
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important capability. Correct Answer Applicability Your Answer Applicability Select The Blank Question Japanese logistics performance and its ________ are paramount priorities in their business environment. Correct Answer Effectiveness Your Answer Effectiveness Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Contingency
Supply chain Management 1 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question Suppliers are ________ to JIT business. Correct Answer Crucial Your Answer Necessary Match The Following Question Correct Answer Your Answer Reliability It relates with the ability to perform the promised services with dependability and accuracy It relates with the ability to perform the promised services with dependability and accuracy Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Supply Chain Management Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Requested delivery date Multiple Choice Multiple Answer Question Following are the parameters of Transportation Metrics :Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped Your Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped True/False Question The effect of buying discount / price breaks does need to be calculated additionally. Correct Answer False Your Answer True True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer True Your Answer True True/False Question Inventory Turns means turns over per year for inventory procurement. Page 1
Supply chain Management 1 Correct Answer True Your Answer True Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Correct Answer Cycle counting , Control group cycle counting , Random cycle counting Your Answer Control group cycle counting , Random cycle counting Multiple Choice Single Answer Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Chain wide Management Your Answer Chain wide Management Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Management Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Kanban Your Answer Kanban True/False Question Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Seamless SCM Towill Towill Value of Information Glazer Peter Senge Filtering Del-Vecchio Burbidge Industrial dynamics Burbidge Van Amstel Select The Blank Question We have criteria for ________ forecasts, however generalized they are. Correct Answer Distinguishing Your Answer Comparing Select The Blank Question According the example, for minimal cost, the number of initial workers considered is ________ Correct Answer 10 Your Answer 9 Multiple Choice Single Answer Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on Inventory Carrying and Ordering cost? Correct Answer It will be optimized Your Answer It will be reduced Multiple Choice Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer 5 Page 2
Supply chain Management 1 Your Answer 6 Multiple Choice Single Answer Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :Correct Answer Pyramid Your Answer Pyramid Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Consumer Multiple Choice Multiple Answer Question Kanban is :Correct Answer A signal or message of communication , Used to control the flow of item through the production process , A push process Your Answer A signal or message of communication , Used to control the flow of item through the production process , A push process True/False Question The total cost in minimal cost strategy is 63400. Correct Answer True Your Answer True Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Benchmarking Your Answer Benchmarking Multiple Choice Single Answer Question In which technique when applied to the use of numbers in forecasting, vary from high to low? Correct Answer Qualitative Your Answer Qualitative Multiple Choice Multiple Answer Question In the Japanese concept of total productivity, for output they embrace :Correct Answer Quantity , Quality , Delivery Your Answer Quality , Delivery , Facilities Multiple Choice Single Answer Question If the material requirement plan is accurate, then it results in better management of :Correct Answer Cash flow Your Answer Production Select The Blank Question Kanban process ________ focuses on the human factors of production. Correct Answer Indirectly Your Answer Directly Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Logistic Cost , Customer satisfaction Your Answer Logistic Cost , Customer satisfaction , Employee Morale Multiple Choice Single Answer Question What affects the forecasting of performance levels? Correct Answer Changing environment Your Answer Foreseen events Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable Page 3
Supply chain Management 1 holding cost to ________ total cost Correct Answer Drive down Your Answer Minimise True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The SCM key metrics should be closely aligned to the company's strategic objectives. In this measurements usually covers :Correct Answer Internal Business , Training , Customer Your Answer Internal Business , Training , Customer True/False Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, but affects the other players in the supply chain. Correct Answer True Your Answer False Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer Cost saving centre Multiple Choice Multiple Answer Question The strategic decision in supply chain includes :Correct Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Your Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants True/False Question The economic order quantity is the order quantity that minimizes total cost. Correct Answer True Your Answer True True/False Question Backorder means an unfilled customer order. Correct Answer True Your Answer False Select The Blank Question For the good result, supply chain require to be very ________. Correct Answer Transparent Your Answer Transparent Select The Blank Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate. Correct Answer Reasonably Your Answer Completely Multiple Choice Single Answer Question The most relevant measures for capital input is that of :Correct Answer Replacement cost Your Answer Market value Page 4
Supply chain Management 1 Multiple Choice Single Answer Question The mechanism by which material and information flows through supply chain, is known as :Correct Answer Pipeline Your Answer Chainline Multiple Choice Multiple Answer Question Fixed quantity systems :Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks Multiple Choice Multiple Answer Question The media for EDI communication are :Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple Answer Question In the single product example defined for planning into periods, some of the options are :Correct Answer Regular time , Hire employees , Fire employees Your Answer Regular time , Hire employees , Fire employees True/False Question The key point about structural information is that it changes relatively infrequently. Correct Answer True Your Answer True
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Supply chain Management 2 LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery Multiple Choice Single Answer Question Product lines with highly customized end product find it difficult to forecast on product basis :Correct Answer The demand Your Answer The demand Multiple Choice Single Answer Question The supply chain management is compared by " Cooper and Ellram" with :Correct Answer Relay Team Your Answer Relay Team True/False Question All forecasting methods require complex calculations and therefore are ideally suited to be done by a computer. Correct Answer False Your Answer True True/False Question The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which is the system in which production is demand driven, coordinated with actual customer demand? Correct Answer Pull Base System Your Answer Push Base system Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two Multiple Choice Single Answer Question Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Transportation of item Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three True/False Question Warehousing & Transportation are not at all related activity in SCM.
Correct Answer False Your Answer False Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Exceeding Your Answer Not meeting Multiple Choice Multiple Answer Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Page 1
Supply chain Management 2 Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Tactical Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Customer Order promised cycle time Your Answer Customer Order promised cycle time Select The Blank Question One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the major customers. Correct Answer Clustered Your Answer Clustered Multiple Choice Multiple Answer Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :Correct Answer Management & effort , Initial implementation , The continuing effort to run the system Your Answer Management & effort , Initial implementation , The continuing effort to run the system Multiple Choice Single Answer Question Outsourcing to 3PL companies to world class standards allow the company to realize their anticipated benefits:Correct Answer Immediately Your Answer Immediately True/False Question A two bin system is not appropriate with many stock items. Correct Answer True Your Answer False Multiple Choice Single Answer Question To provide an adequate support what will be need to do with information system? Correct Answer Major overhaul Your Answer Major overhaul Multiple Choice Multiple Answer Question The Technical Aspects of EDI agreement are :Correct Answer coding system , The EDI that is to be employed , The Network that is to be used Your Answer The EDI that is to be employed , The Network that is to be used , coding system Multiple Choice Single Answer Question The Data required for the IT application in the field of SCM is mainly based on:Correct Answer Decision Making Your Answer Data Structure Match The Following Question Correct Answer Your Answer Manager participation in SCM activity 0.16 0.16 Director/GM participation in SCM activity 0.28 0.28 Vice President participation in SCM activity 0.17 0.17 Page 2
Supply chain Management 2 President participation in SCM activity 0.14 0.14 True/False Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is require to get involved for the success. Correct Answer True Your Answer True True/False Question BOM is best thought of as divided interval levels. Correct Answer True Your Answer True Multiple Choice Single Answer Question How does aggregate plan created by master production schedule become extremely detailed plan? Correct Answer MRP translates it Your Answer MRP translates it Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for the organization? Correct Answer Common Your Answer Common Multiple Choice Multiple Answer Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer Short Term , Medium Term , Long Term True/False Question The globalization of supply chain does not change the requirement within supply chain management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The treasury equation refers to predict customer spending will look at the factors like :Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index True/False Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action Multiple Choice Multiple Answer Question Companies that would obviously gain very little from postponement, Page 3
Supply chain Management 2 experiences a radically different picture in their business like :Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation Your Answer Low value of short time to market , Low product proliferation , Medium inventory value Select The Blank Question A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals. Correct Answer Logistics Your Answer Distribution True/False Question Logistics covers 90% cost of manufacturing. Correct Answer False Your Answer False Multiple Choice Single Answer Question In any event, we prefer the forecasting method that gives which type of Average squared error? Correct Answer Lowest Your Answer Zero Select The Blank Question The indirect cost increase has the consequent ________ the infrastructure & resources. Correct Answer Impacts on Your Answer Effects on Select The Blank Question World class Logistics study is published in the year ________. Correct Answer 1995 Your Answer 1996 Select The Blank Question In re-order level approach average stock levels stay more or ________ the same and are Less responsive to change in demand. Correct Answer Less Your Answer Less Match The Following Question Correct Answer Your Answer Stock out ratio Is comparison of % of demand actually satisfied with the defined service Is comparison of % of demand actually satisfied with the defined service Lead time Is the time between a replenishment need arising & new deliveries being ready for use Is the time between a replenishment need arising & new deliveries being ready for use Inventory service level Is % probability of stock availability to meet demands Is % probability of stock availability to meet demands ABC Analysis Can be used to classify stock groups Can be used to classify stock groups Multiple Choice Multiple Answer Question The operational perspective in management of inventory level are :Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production levels Multiple Choice Single Answer Question The data content & floors of stock record systems are needed by which methods? Page 4
Supply chain Management 2 Correct Answer Just in time Your Answer Just in time True/False Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to maintain significant amount of inventory. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question JIT philosophy has following features :Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes more important capability. Correct Answer Applicability Your Answer Applicability Select The Blank Question Japanese logistics performance and its ________ are paramount priorities in their business environment. Correct Answer Effectiveness Your Answer Effectiveness Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Contingency
Page 5
Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer True/False Strategic
Question
In SCM concept, there is no requirement of comparing factory responses to market place set up input. Correct Answer False Your Answer True/False Question True
On hand inventory
True/False Question
True/False Question
True/False Question
Correct Answer
Your Answer
Question
Your Answer
US
Question
True/False Question
LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The decision on mode of transport are influenced by geographical placements of :Correct Answer Plants & Warehouse Your Answer Supplier Location
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 , Commerce & Transport
Multiple Choice Multiple Answer Question The implications of introducing consolidation centre were :Correct Answer How many centers to have? , Location of centres , Size of centres Your Answer How many centers to have? , Location of centres , Size of centres , To which GM plant centres will send?
Multiple Choice Multiple Answer Question Which of the following are the modes of transport? Correct Answer Rail , Ocean , Air Your Answer Barrel , Rail , Ocean , Air
Multiple Choice Multiple Answer Question JIT is a suitable production system, when :Correct Answer A reasonable number of units made , A product is of high value , Setup time on machine is short Your Answer A reasonable number of units made , A product is of high value , Setup time on machine is short , Quality may be assured
Sem - 4th Supply Chain Management
Multiple Choice Single Answer Question After the World War II, average production rate of American worker compared to that of Japanese worker was :Correct Answer Seven times Your Answer Seven times
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 , Cascade Manufacturing
Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Requested delivery date
Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Many
Multiple Choice Single Answer Question What affects the forecasting of performance levels? Correct Answer Changing environment Your Answer Uncertain demands
Multiple Choice Multiple Answer Question In Supply Chain Management, the goal is to be able to replace inventory of :Correct Answer Customers , Manufacturers , Suppliers Your Answer Suppliers , Customers , Distributors , Manufacturers
Multiple Choice Single Answer Question In order to calculate 3 months moving average we must have how many observations? Correct Answer Three Your Answer Three
Multiple Choice Multiple Answer Question The three things in personnel / business life, most people would like to forecast are :Correct Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery Your Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery , Income
True/False Question
In practice, the data items for MPS will have normally same value in each week.
Multiple Choice Multiple Answer Question JIT philosophy has following features :Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve , Belief that ordering cost cant be reduced 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
Multiple Choice Single Answer Question Experts thought that by 1990, in schools / colleges, there would be widespread use of what type of sophisticated teaching? Correct Answer Machines Your Answer Aids
Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Contingency
Multiple Choice Single Answer Question In the supply chain , Material flows :Correct Answer Downstream Your Answer True/False Question Downstream
Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing along the supply chain operate :Correct Answer Independently Your Answer Interdependently
Multiple Choice Single Answer Question The third party logistics companies' capabilities are the result of extensive investment in :Correct Answer Technology Your Answer Warehousing
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 True/False Prepare
Question
The effect of buying discount / price breaks does need to be calculated additionally.
Multiple Choice Single Answer Question Initially the candidates for outsourcing were companies that needed to reduce their :Correct Answer Assets Your Answer Assets
Your Answer Is the possibility of using mathematical methods to obtain exact information on question of interest.
Modeling
Is the process by which we try to Is the process by which we try to gain the understanding of how the gain the understanding of how the corresponding system behaves. corresponding system behaves. Is the tool for understanding issues of organizational decision making. Is the facility or process of interest. Is the tool for understanding issues of organizational decision making. Is the facility or process of interest.
Simulation
System
True/False Question
By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for improving internal operations. Correct Answer False Your Answer False
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 , Operative Cost
Select The Blank Question The primary purpose of inventory is to ________ against any uncertainty that might exist in supply chain. Correct Answer Buffer Your Answer True/False
Act as Safety stock
Question
In SCM concept, there is no requirement of comparing factory responses to market place set up input. Correct Answer False Your Answer False
Multiple Choice Multiple Answer Question The treasury model of economy referred in the book which contains many variable and is used to look at the effect of :Correct Answer Interest Rate Changes , Tax Changes , Oil Price Change Your Answer Interest Rate Changes , Tax Changes , Oil Price Change , Vehicle Rate Changes
Multiple Choice Multiple Answer Question The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :Correct Answer Raw Material , Finished Goods , Work in process inventory Your Answer Spare Parts , Raw Material , Finished Goods , Work in process inventory
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 True/False Question Pressure For the Change , Shared Vision , Capacity for Change , Outbound Training
Lead Time, Order control and Stock levels reduction are the variables in SCM model.
Multiple Choice Single Answer Question To increase flexibility on production line what will have to be done with setup & change overtimes? Correct Answer Decrease Your Answer Decrease
Multiple Choice Multiple Answer Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply , Re-order level
True/False Question
Match The Following Question Modeling approaches are methods Rough cut methods give guiding policies Network design methods
Correct Answer
Your Answer
Which facilitate concise review & Which facilitate concise review & at at the same time attempt to the same time attempt to accommodate the above polarity. accommodate the above polarity. For the operation decisions. For the most part give normative models for more strategic decisions. For the operation decisions. 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.
2ND COPY
True/False Question
True/False Question
Correct Answer True
Your Answer
True
Correct Answer Is the possibility of using mathematical methods to obtain exact information on question of interest. Is the process by which we try to gain the understanding of how the corresponding system behaves. Is the tool for understanding issues of organizational decision making. Is the facility or process of interest.
Your Answer Is the tool for understanding issues of organizational decision making. Is the possibility of using mathematical methods to obtain exact information on question of interest. Is the process by which we try to gain the understanding of how the corresponding system behaves. Is the tool used test the impact of strategic level decision have on supply chain performance.
Modeling
Simulation
System
Multiple Choice Multiple Answer Question The realignment of processing includes :Correct Answer Order taking , Purchasing , Manufacturing Your Answer True/False Order taking , Purchasing , Manufacturing , Distribution
Question
10
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 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
11
Question
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
True/False
12
Question
13
Question
14
True/False Question
True/False Question
Modeling
Simulation
System
True/False Question
Question
Question
Question
Supply Management ALPANA 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 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 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 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 Single Answer Question The most relevant measures for capital input is that of :Correct Answer Replacement cost Your Answer Replacement cost True/False Question Supply chain is the expense centre in the organization. Correct Answer False Your Answer True Multiple Choice Single Answer Question In order to calculate 3 months moving average we must have how many observations? Correct Answer Three Your Answer Three Multiple Choice Single Answer Question Initially the candidates for outsourcing were companies that needed to reduce their :Correct Answer Assets Your Answer Assets Multiple Choice Single Answer Question An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic response to :Correct Answer Simulation Model Your Answer Simulation Model True/False Question Customer service is prime motto for SCM. Correct Answer True Your Answer True True/False Question Retailers are not interested in low stock run. Correct Answer True Your Answer True True/False Question ODETTE is not applicable for automobile industry. Correct Answer False Your Answer True Multiple Choice Single Answer Question The decision to hire 3PL services appears to originate from :Correct Answer Top Management Your Answer Top Management Select The Blank Question 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 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 True/False Question Entities in a supply chain may belong to different organization within different companies. Correct Answer False Your Answer True 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 Select The Blank Question Category C items are relatively unimportant inventory items & are responsible for ________% of inventory cost. Correct Answer 5 Your Answer 10 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 team Select The Blank Question Simple method for Time series forecasting is to take a ________ Average. Correct Answer Moving Your Answer Moving Multiple Choice Multiple Answer Question Realignment of infrastructure includes :Correct Answer Production & warehouse premises , Production equipment , Information & IT system Your Answer Information & IT system , Production & warehouse premises , Production equipment 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 Multiple Choice Multiple Answer Question To forecast the date of death the knowledge of the following is necessary :Correct Answer Life expectancy of Middle age , Medical test data on persons , His Living Style Your Answer Life expectancy of Middle age , Medical test data on persons , His Living Style Multiple Choice Single Answer Question Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Transportation of item 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 Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Chain wide Management Your Answer Percentage Wide Management Select The Blank Question If the suppliers meet selection criteria then you can ________ the total number of suppliers. Correct Answer Reduce Your Answer Increase 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 Multiple Answer Question With component commonality step 1(operation) storage 1 (buffer) will depend on :Correct Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storage
Your Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storage Select The Blank Question The primary purpose of inventory is to ________ against any uncertainty that might exist in supply chain. Correct Answer Buffer Your Answer Act as Safety stock 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 True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer True Your Answer True Multiple Choice Single Answer Question How many weeks is the lead time between releasing an order to shop floor & producing a finished good? Correct Answer 2 Your Answer 2 Multiple Choice Multiple Answer Question Fixed quantity systems :Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost Multiple Choice Single Answer Question The Total pipeline usage of direct market data is reduced when the system filters out of high frequency fluctuations in demand. This is known as :Correct Answer Forrester Effect Your Answer Ferguson Effect 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 Function for EDI software is message tracking and ________. Correct Answer Audit Trail Your Answer LACES Match The Following Question Seamless SCM Value of Information Filtering Industrial dynamics Correct Answer Towill Glazer Peter Del-Vecchio Burbidge Your Answer Towill Senge Burbidge Del-Vecchio
Multiple Choice Multiple Answer Question Which are the SMART goals? Correct Answer Specific , Measurable , Attainable Your Answer Specific , Measurable , Attainable Select The Blank Question As compared to minimal cost strategy the level strategy is ________. Correct Answer Cheaper Your Answer Complex True/False Question Another aspect of Toyoto production system was reduction of setup time.
Correct Answer True Your Answer True 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 Non-clustered 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 True/False Question EDI helps in Just In Time for manufacturing. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer
Developing corrective action establishes That the effort should be carefully organized else success will not be achieved Whether or not conformance to expectation is present Random cycle counting establishes available Counting the control group establishes expectation is present Comparing the counts to records establishes available Whethe r or not conformance to expectation is present The physical quantity available The comparing physical count to computer records The physical quantity conformance to The computer record
Multiple Choice Single Answer Question Calculation of Economic Order Quantity seeks to reconcile, ordering & holding cost for what size of order? Correct Answer Optimum Your Answer Optimum LIST OF ATTEMPTED QUESTIONS AND ANSWERS MAYANK GOYAL 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 Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer 5 Your Answer 2 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 Allow 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 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 Hiring cost per employee is:Correct Answer Hiring cost Your Answer Employing cost True/False
Question Retailers are not interested in low stock run. Correct Answer True Your Answer False 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 True/False Question Backorder means an unfilled customer order. Correct Answer True Your Answer True 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 Multiple Answer Question JIT is :Correct Answer Top Down system , Centrally organized , Imposed production system Your Answer Top Down system , Centrally organized , Imposed production system Multiple Choice Multiple Answer Question Kanban is :Correct Answer Used to control the flow of item through the production process , A push process , A signal or message of communication 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 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 Procurement Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Emergency 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 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 , Operation Based Select The Blank Question The multi plant co-ordination is to coordinate the ________ plans of several plants. Correct Answer Production Your Answer Transportation 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 , Customers Select The Blank Question The overtime cost per hour is ________ in minimal cost strategy. Correct Answer 25 Your Answer 27
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 Support Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Kanban Your Answer Kanban 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 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 Customer , Internal Business , Training Your Answer Internal Business , Training , EDBMS Multiple Choice Multiple Answer Question The inventory control systems are :Correct Answer Two bin , Re-order cycle , Annual demand Your Answer Two bin , Annual demand Select The Blank Question The recent development within information technology and software Engineering gives ________ opportunity for Integration and Co-ordination. Correct Answer Unprecedented Your Answer Unlimited True/False Question In practice, the data items for MPS will have normally same value in each week. Correct Answer False Your Answer True 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 Distribution 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 Second 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 Multiple Choice Multiple Answer Question The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :Correct Answer Raw Material , Finished Goods , Work in process inventory Your Answer Spare Parts , Raw Material , Finished Goods 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 90 in week 3 , 60 in week 4 Multiple Choice Single Answer Question Who has given a design oriented approach in management control literature? Correct Answer Vosselman Your Answer Cooper Select The Blank Question The mode choice aspect of transport decisions are more ________ ones, as they are closely linked with inventory decision. Correct Answer Strategic Your Answer Strategic Select The Blank
Question 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 Multiple Choice Single Answer Question Which is the area in which no one has yet developed a reliable forecasting technique? Correct Answer Investment Policy Your Answer Requirements Multiple Choice Single Answer Question Any mistakes in specifying BOMs could have what type of results on shop floor? Correct Answer Disastrous consequence Your Answer Disastrous consequence True/False Question Logistics covers 90% cost of manufacturing. Correct Answer False Your Answer True Match The Following Question Correct Answer Your Answer
Analytical Solution Is the possibility of using mathematical methods to obtain exact information on question of interest. Is the possibility of using mathematical methods to obtain exact information on question of interest. Modeling Is the process by which we try to gain the understanding of how the corresponding system behaves. tool used test the impact of strategic level decision have on supply chain performance. Simulation Is the tool for understanding issues of organizational decision making. methods to obtain exact information on question of interest. System Is the facility or process of interest. chain performance. Is the
Is the possibility of using mathematical
Is the tool used test the impact of strategic level decision have on supply
True/False Question The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among shippers. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which network between companies making different ingredients to many products can be charted? Correct Answer Supply network Your Answer Production network Match The Following Question Correct Answer Your Answer The
Other Unit production cost The cost of production of one unit of the product that is not accounted in employee cost. cost of holding one unit in stock at the end of each period. 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. from external source at the end of each period. Unit subcontracting cost the end of each Month. The cost of each unit bought from external source.
The cost of holding one unit procured The cost of holding one unit in stock at
True/False Question The enriching the order decisions with market place information enables the factory to be much more responsive, since less supply chain Filtering is taking place. Correct Answer True Your Answer True True/False Question Logistics must be treated as cost saving function. Correct Answer True Your Answer 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 True/False Question ODETTE is not applicable for automobile industry. Correct Answer False Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS AMIT CHUG True/False Question Lead Time, Order control and Stock levels reduction are the variables in SCM model. Correct Answer True Your Answer True Select The Blank Question The hiring cost of one employee is ________ in minimal cost strategy. Correct Answer 500 Your Answer 450 Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer VADS 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. 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 Single Answer Question The vital player in the traditional supply chain is :Correct Answer Retailer Your Answer Consumer 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 Clean & well organized environment 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 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 True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True True/False Question BOM is best thought of as divided interval levels. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question In SCM metrics, customer measurements are :Correct Answer Backorder Levels , On Time Delivery , Order Fill Rate Your Answer Cycle Time , Order Fill Rate , Backorder Levels True/False Question The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate. Correct Answer True Your Answer True 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 If the suppliers meet selection criteria then you can ________ the total number of suppliers. Correct Answer Reduce Your Answer Reduce 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 Optimize Multiple Choice Single Answer Question To achieve standardization & customization at the same time, what will have to be done with products? Correct Answer Develop new products with robust design Your Answer Develop new products with robust design 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 Multiple Answer Question If the demand forecast is accurate then consequently which of the following will be accurate? Correct Answer Master Production Schedule , Material Requirement Planning , Production planning Your Answer Master Production Schedule , Material Requirement Planning , Production planning Select The Blank Question Paper or computer records require time to check ________ against recorder level. Correct Answer Stock Your Answer Inventory Select The Blank Question For the good result, supply chain require to be very ________. Correct Answer Transparent Your Answer Attentive Match The Following Question Product Champion Correct Answer Andraski Your Answer Forrester(1960) Poul Jonh Andraski Sterman
Pull & Push concept discussion Hoeskstra & Romme Simulation Model Player concept Sterman Forrester(1960)
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 Value added data service for EDI communication is known as ________. Correct Answer VAN Your Answer ANSI Match The Following Question 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 Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three 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 True/False Question JIT need to be applied to all stages of process. 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 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 Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity Multiple Choice Single Answer Question The alternative strategy to meet the increased demand will be to buy from subcontractor if it would have been :Correct Answer At cheaper cost Your Answer At cheaper cost Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Strategic 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 True/False Question For total productivity, the Japanese concentrate on the indicators of various elements rather than measuring the output input ratio. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Postponement benefits are :Correct Answer Increased sales , Lower inventory holding cost , Lower scrap cost Your Answer Increased sales , Lower inventory holding cost , Lower scrap cost Multiple Choice Multiple Answer Question The problems faced by the HP DCs due to traditional system were :Correct Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed Your Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed Multiple Choice Single Answer Question 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 When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action Multiple Choice Single Answer
Question When both the cards are used then the Kanban process is known as :Correct Answer Integrated Your Answer Integrated True/False Question By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for improving internal operations. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question In SCM metrics, Training means :Correct Answer Inhouse training , APICS Membership , Certification Training Your Answer Inhouse training , APICS Membership , Certification Training Multiple Choice Single Answer Question At what level Master Production schedule operates? Correct Answer Aggregate Your Answer Aggregate Multiple Choice Single Answer Question Inadequate & excess inventory both are revenue losses for a business so as to avoid this, which of the following is required? Correct Answer TQM & JIT Your Answer ERP Select The Blank Question Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________ sourcing initiative. Correct Answer partnership Your Answer Sterman Multiple Choice Single Answer Question How the proactive levers attack the causes of variability? Correct Answer Directly Your Answer Directly Select The Blank Question Most real world systems are too complex to allow realistic models to be ________ analytically. Correct Answer Evaluated Your Answer Compared 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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS ASHISH MEHTA
True/False Question The visual record process is only a sub-process in Japanese Kanban Management system. Correct Answer True Your Answer True 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 Distributors Multiple Choice Single Answer Question Master production schedule helps to improve the performance of the value flow across the :Correct Answer Supply chain Your Answer Supply chain Multiple Choice Multiple Answer Question The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :Correct Answer Raw Material , Finished Goods , Work in process inventory Your Answer Raw Material , Finished Goods , Work in process inventory 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 Outlined Multiple Choice Single Answer
Question The number of weeks taken for ordering material at beginning till the finished products reach customer in the apperal industry as per Flaherty report is:Correct Answer 58.5 weeks Your Answer 58.5 weeks Select The Blank Question Supply chains consist of ________ of companies. Correct Answer Multiple Layers Your Answer Performance True/False Question The economic order quantity is the order quantity that minimizes total cost. Correct Answer True Your Answer True Multiple Choice Single Answer Question The level strategy is solution where in number of workers are :Correct Answer Always Fixed Your Answer Always Fixed Select The Blank Question Total annual cost is the function that we want to ________ by choosing an appropriate value of quantity. Correct Answer Minimise Your Answer Keep fixed 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 Multiple Answer Question The consequence of longer lead time will often be :Correct Answer Reduce Production Facility , Higher Levels Of Inventory , Less Dependability Your Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory Multiple Choice Single Answer Question The UK EDI Standards developed by ANA( Article Numbering Association) is Known as :Correct Answer TRADACOMS Your Answer TRADACOMS True/False Question The globalization of supply chain does not change the requirement within supply chain management. Correct Answer False Your Answer True Select The Blank Question The 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. True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True Multiple Choice Single Answer Question Which is the system in which production is demand driven, coordinated with actual customer demand? Correct Answer Pull Base System Your Answer Pull Base System True/False Question Inventory Turns means turns over per year for inventory procurement. Correct Answer True Your Answer True Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Management Select The Blank Question Kanban is not a magic bullet, it is rather an organizational shift towards ________ of responsibility. Correct Answer Decentralization Your Answer Centralization
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 Match The Following Question Correct Answer Your Answer Planned order receipt What we will receive each period as a result of planned orders When we need to release the planned orders having regard to lead time required Planned order release When we need to release the planned orders having regard to lead time required What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs Projected on hand What the inventory level will be if we produce according to plan above & demand forecast is correct What the inventory level will be if we produce according to plan above & demand forecast is correct Projected net requirement What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs What we will receive each period as a result of planned orders 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 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 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 Match The Following Question Correct Answer Your Answer Reliability It relates with the ability to perform the promised services with dependability and accuracy This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested It relates with the ability to perform the promised services with dependability and accuracy Select The Blank Question A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals. Correct Answer Logistics Your Answer Distribution True/False Question Direct cost increase can be caused by product or process redesign. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The factors that are to be taken into consideration for the suitability of the Kanban for any nation are :Correct Answer Firm , Cultural differences , External dimensions of nation business Your Answer Firm , Cultural differences , External dimensions of nation business True/False Question The key to integration is co-ordination. Correct Answer True Your Answer True 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 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 Multiple Answer Question The realignment of processing includes :Correct Answer Order taking , Purchasing , Manufacturing Your Answer Order taking , Purchasing , Manufacturing True/False Question To reconcile JIT and EOQ, we dont take fixed setup cost and / or variable holding cost as fixed but seek to reduce them. Correct Answer True Your Answer True 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 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 Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply True/False Question The strategic & Operational decisions are to effectively & efficiantly manage, the product flow in the strategically planned supply chain. Correct Answer True Your Answer True 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 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 Optimize Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Organisation Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Consumer True/False Question The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate. Correct Answer True Your Answer True True/False Question The estimate is that the 3 PL industry will quadruple its size in next five years. Correct Answer False Your Answer True Multiple Choice Single Answer Question In Kanban concept, in which area, there is no storage?
Correct Answer Production Your Answer Production Multiple Choice Single Answer Question How many weeks is the lead time between releasing an order to shop floor & producing a finished good? Correct Answer 2 Your Answer 2 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 JIT is :Correct Answer Top Down system , Centrally organized , Imposed production system Your Answer Top Down system , Centrally organized , Implement procurement system
Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost
In SCM concept, there is no requirement of comparing factory responses to market place set up input.
Match The Following Question Outgoing inventory Gross Requirement Scheduled Receipt
Correct Answer Is predicted or expected sales
Your Answer Is the amount of inventory on hand at end of planning period
The forecast demand for the item Is predicted or expected sales Any scheduled receipt from Any scheduled receipt from previous orders that are currently previous orders that are currently being processed being processed Is the amount of inventory on hand at start of planning period Is the amount of inventory on hand at start of planning period
On hand inventory
True/False Question
Correct Answer True Your Answer True/False True
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/False Question True
True/False Question
Correct Answer
Your Answer
Which facilitate concise review & For the most part give normative at the same time attempt to models for more strategic accommodate the above polarity. decisions.
For the operation decisions. For the most part give normative models for more strategic decisions.
Give guiding policies for strategic decisions. For the operation decisions.
Give normative models for more operator decisions.
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
Select The Blank Question BOMs are structural ________ that changes relatively infrequently. Correct Answer Information Your Answer Items
Select The Blank Question The models that describe operational decisions are often very ________ in nature.
Correct Answer Specific Your Answer Specific
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 US
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 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 Subcontracting , No Machine Addition.
Select The Blank Question As compared to minimal cost strategy the level strategy is ________. Correct Answer Cheaper Your Answer Cheaper
Multiple Choice Multiple Answer Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer True/False Question Short Term , Medium Term , Long Term
The key point about structural information is that it changes relatively infrequently.
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
Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer True/False Question Cost saving centre
Multiple Choice Single Answer Question Master production schedule helps to improve the performance of the value flow across the :Correct Answer Supply chain
Your Answer
Supply chain
LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Single Answer Question The decision on mode of transport are influenced by geographical placements of :Correct Answer Plants & Warehouse Your Answer Supplier Location
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 , Commerce & Transport
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 Multiple Answer Question The implications of introducing consolidation centre were :Correct Answer How many centers to have? , Location of centres , Size of centres Your Answer How many centers to have? , Location of centres , Size of centres , To which GM plant centres will send?
Multiple Choice Multiple Answer Question Which of the following are the modes of transport? Correct Answer Rail , Ocean , Air Your Answer Barrel , Rail , Ocean , Air
Multiple Choice Multiple Answer Question JIT is a suitable production system, when :Correct Answer A reasonable number of units made , A product is of high value , Setup time on machine is short Your Answer A reasonable number of units made , A product is of high value , Setup time on machine is short , Quality may be assured Multiple Choice Single Answer Question After the World War II, average production rate of American worker compared to that of Japanese worker was :Correct Answer Seven times Your Answer Seven times
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 , Cascade Manufacturing
Select The Blank
Question
BOM can have ________ levels.
Correct Answer Many Your Answer Many
Multiple Choice Single Answer Question What affects the forecasting of performance levels? Correct Answer Changing environment Your Answer Uncertain demands
Multiple Choice Multiple Answer Question In Supply Chain Management, the goal is to be able to replace inventory of :Correct Answer Customers , Manufacturers , Suppliers Your Answer Suppliers , Customers , Distributors , Manufacturers
Multiple Choice Single Answer Question In order to calculate 3 months moving average we must have how many observations? Correct Answer Three Your Answer Three
Multiple Choice Multiple Answer Question The three things in personnel / business life, most people would like to forecast are :Correct Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery Your Answer The Date of Death , Winning numbers of Lottery , Winning numbers of next Lottery , Income
True/False Question
In practice, the data items for MPS will have normally same value in each week.
Multiple Choice Multiple Answer Question JIT philosophy has following features :Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve , Belief that ordering cost cant be reduced 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
Multiple Choice Single Answer Question Experts thought that by 1990, in schools / colleges, there would be widespread use of what type of sophisticated teaching? Correct Answer Machines Your Answer Aids
Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Contingency
Multiple Choice Single Answer Question In the supply chain , Material flows :Correct Answer Downstream Your Answer True/False Question Downstream
Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing along the supply chain operate :Correct Answer Independently Your Answer Interdependently
Multiple Choice Single Answer Question The third party logistics companies' capabilities are the result of extensive investment in :Correct Answer Technology Your Answer Warehousing
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 True/False Question Prepare
The effect of buying discount / price breaks does need to be calculated additionally.
Multiple Choice Single Answer Question Initially the candidates for outsourcing were companies that needed to reduce their :Correct Answer Assets Your Answer Assets
Match The Following
Question Analytical Solution
Your Answer Is the possibility of using mathematical methods to obtain exact information on question of interest.
Modeling
Is the process by which we try to Is the process by which we try to gain the understanding of how the gain the understanding of how the corresponding system behaves. corresponding system behaves. Is the tool for understanding issues of organizational decision making. Is the facility or process of interest. Is the tool for understanding issues of organizational decision making. Is the facility or process of interest.
Simulation
System
True/False Question
By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for improving internal operations. Correct Answer False Your Answer False
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 , Operative Cost
Select The Blank Question The primary purpose of inventory is to ________ against any uncertainty that might exist in supply chain. Correct Answer Buffer Your Answer True/False Question Act as Safety stock
In SCM concept, there is no requirement of comparing factory responses to market place set up input. Correct Answer False Your Answer False
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 Multiple Answer Question The treasury model of economy referred in the book which contains many variable and is used to look at the effect of :Correct Answer Interest Rate Changes , Tax Changes , Oil Price Change Your Answer Interest Rate Changes , Tax Changes , Oil Price Change , Vehicle Rate Changes
Multiple Choice Multiple Answer Question The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :Correct Answer Raw Material , Finished Goods , Work in process inventory Your Answer Spare Parts , Raw Material , Finished Goods , Work in process inventory
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 True/False Question Pressure For the Change , Shared Vision , Capacity for Change , Outbound Training
Lead Time, Order control and Stock levels reduction are the variables in SCM model.
Multiple Choice Single Answer Question To increase flexibility on production line what will have to be done with setup & change overtimes? Correct Answer Decrease Your Answer Decrease
Multiple Choice Multiple Answer Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply , Re-order level
True/False Question
Match The Following Question Modeling approaches are methods Rough cut methods give guiding policies Network design methods
Correct Answer
Your Answer
Which facilitate concise review & Which facilitate concise review & at at the same time attempt to the same time attempt to accommodate the above polarity. accommodate the above polarity. For the operation decisions. For the most part give normative models for more strategic decisions. For the operation decisions. For the most part give normative models for more strategic decisions. A comprehensive supply chain model can be analyzed.
ND
COPY
True/False Question
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
True/False
Question
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
Correct Answer Is the possibility of using mathematical methods to obtain exact information on question of interest. Is the process by which we try to gain the understanding of how the corresponding system behaves.
Modeling
Is the possibility of using mathematical methods to obtain exact information on question of interest.
Simulation
Is the tool for understanding issues Is the process by which we try to of organizational decision making. gain the understanding of how the corresponding system behaves. Is the facility or process of interest. Is the tool used test the impact of strategic level decision have on supply chain performance.
System
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
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 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 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 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.
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
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
True/False Question
Multiple Choice Multiple Answer Question EDIFACT is :Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 , Promoted as world ADI Standard , Analog system Select The Blank Question The four key figures of logistics strategic environment are competition, market served, technology and ________ satisfaction Correct Answer Stake holder's Your Answer Customer's
True/False Question
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 can a company improve by being able to postpone the production in its existing business? Correct Answer Performance
Your Answer
Profitability
True/False Question
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
Correct Answer Material Follow-up Material Collection
Your Answer Material procurement Material Collection
Material Follow-up and Collection Material Follow-up
True/False Question
Correct Answer
Your Answer
Is the possibility of using Is the tool for understanding mathematical methods to obtain issues of organizational decision exact information on question of making. interest. Is the process by which we try to Is the possibility of using gain the understanding of how mathematical methods to obtain
Modeling
the corresponding system behaves. Simulation
exact information on question of interest.
Is the tool for understanding Is the process by which we try to issues of organizational decision gain the understanding of how the making. corresponding system behaves. Is the facility or process of interest. Is the tool used test the impact of strategic level decision have on supply chain performance.
System
Multiple Choice Multiple Answer Question The realignment of processing includes :Correct Answer Order taking , Purchasing , Manufacturing Your Answer True/False Question Order taking , Purchasing , Manufacturing , Distribution
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 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 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 True/False Question MRP-I, MRP-II, ERP
The constant m is called smoothing constant in single exponentially smoothing.
Select The Blank Question The retailers undertake Pareto Analysis routinely to ________ turnover of item.
Correct Answer Compare Your Answer Predict
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 True/False Question MRP translates it
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
Supply Management ALPANA 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 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 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 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 Single Answer Question The most relevant measures for capital input is that of :Correct Answer Replacement cost Your Answer Replacement cost True/False Question Supply chain is the expense centre in the organization. Correct Answer False Your Answer True Multiple Choice Single Answer Question In order to calculate 3 months moving average we must have how many observations? Correct Answer Three Your Answer Three Multiple Choice Single Answer Question Initially the candidates for outsourcing were companies that needed to reduce their :Correct Answer Assets Your Answer Assets Multiple Choice Single Answer Question An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic response to :Correct Answer Simulation Model Your Answer Simulation Model True/False Question Customer service is prime motto for SCM. Correct Answer True Your Answer True True/False Question Retailers are not interested in low stock run. Correct Answer True Your Answer True True/False Question ODETTE is not applicable for automobile industry. Correct Answer False Your Answer True Multiple Choice Single Answer Question The decision to hire 3PL services appears to originate from :Correct Answer Top Management Your Answer Top Management
Select The Blank Question 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 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 True/False Question Entities in a supply chain may belong to different organization within different companies. Correct Answer False Your Answer True 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 Select The Blank Question Category C items are relatively unimportant inventory items & are responsible for ________% of inventory cost. Correct Answer 5 Your Answer 10 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 team Select The Blank Question Simple method for Time series forecasting is to take a ________ Average. Correct Answer Moving Your Answer Moving Multiple Choice Multiple Answer Question Realignment of infrastructure includes :Correct Answer Production & warehouse premises , Production equipment , Information & IT system Your Answer Information & IT system , Production & warehouse premises , Production equipment 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 Multiple Choice Multiple Answer Question To forecast the date of death the knowledge of the following is necessary :Correct Answer Life expectancy of Middle age , Medical test data on persons , His Living Style Your Answer Life expectancy of Middle age , Medical test data on persons , His Living Style Multiple Choice Single Answer Question Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Transportation of item 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 Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Chain wide Management Your Answer Percentage Wide Management Select The Blank Question If the suppliers meet selection criteria then you can ________ the total number of suppliers. Correct Answer Reduce Your Answer Increase 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 Multiple Answer Question With component commonality step 1(operation) storage 1 (buffer) will depend on :Correct Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storage Your Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storage Select The Blank Question The primary purpose of inventory is to ________ against any uncertainty that might exist in supply chain. Correct Answer Buffer Your Answer Act as Safety stock 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 True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer True Your Answer True Multiple Choice Single Answer Question How many weeks is the lead time between releasing an order to shop floor & producing a finished good? Correct Answer 2 Your Answer 2 Multiple Choice Multiple Answer Question Fixed quantity systems :Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue Your Answer Cycle Time , On Time Delivery , Reduce Inventory Cost Multiple Choice Single Answer
Question The Total pipeline usage of direct market data is reduced when the system filters out of high frequency fluctuations in demand. This is known as :Correct Answer Forrester Effect Your Answer Ferguson Effect 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 Function for EDI software is message tracking and ________. Correct Answer Audit Trail Your Answer LACES Match The Following Question Seamless SCM Value of Information Filtering Correct Answer Towill Glazer Peter Towill Senge Burbidge Del -Vecchio Your Answer
Del-Vecchio Burbidge
Industrial dynamics
Multiple Choice Multiple Answer Question Which are the SMART goals? Correct Answer Specific , Measurable , Attainable Your Answer Specific , Measurable , Attainable Select The Blank Question As compared to minimal cost strategy the level strategy is ________. Correct Answer Cheaper Your Answer Complex True/False Question Another aspect of Toyoto production system was reduction of setup time. Correct Answer True Your Answer True 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 Non-clustered 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 True/False Question EDI helps in Just In Time for manufacturing. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer
Developing corrective action establishes That the effort should be carefully organized else success will not be achieved Whether or not conformance to expectation is present Random cycle counting establishes Whether or not conformance to expectation is present physical quantity available Counting the control group establishes The physical quantity available conformance to expectation is present Comparing the counts to records establishes The computer record available The comparing physical count to computer records The
Multiple Choice Single Answer Question Calculation of Economic Order Quantity seeks to reconcile, ordering & holding cost for what size of order? Correct Answer Optimum Your Answer Optimum LIST OF ATTEMPTED QUESTIONS AND ANSWERS MAYANK GOYAL 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 Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer 5 Your Answer 2 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 Allow 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 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 Hiring cost per employee is:Correct Answer Hiring cost Your Answer Employing cost True/False Question Retailers are not interested in low stock run. Correct Answer True Your Answer False 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 True/False Question Backorder means an unfilled customer order. Correct Answer True Your Answer True 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 Multiple Answer Question JIT is :Correct Answer Top Down system , Centrally organized , Imposed production system Your Answer Top Down system , Centrally organized , Imposed production system Multiple Choice Multiple Answer Question Kanban is :Correct Answer Used to control the flow of item through the production process , A push process , A signal or message of communication 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 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 Procurement Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Emergency 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 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 , Operation Based Select The Blank Question The multi plant co-ordination is to coordinate the ________ plans of several plants. Correct Answer Production Your Answer Transportation
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 , Customers Select The Blank Question The overtime cost per hour is ________ in minimal cost strategy. Correct Answer 25 Your Answer 27 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 Support Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Kanban Your Answer Kanban 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 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 Customer , Internal Business , Training Your Answer Internal Business , Training , EDBMS Multiple Choice Multiple Answer Question The inventory control systems are :Correct Answer Two bin , Re-order cycle , Annual demand Your Answer Two bin , Annual demand Select The Blank Question The recent development within information technology and software Engineering gives ________ opportunity for Integration and Co-ordination. Correct Answer Unprecedented Your Answer Unlimited True/False Question In practice, the data items for MPS will have normally same value in each week. Correct Answer False Your Answer True 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 Distribution 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 Second 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 Multiple Choice Multiple Answer Question The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :Correct Answer Raw Material , Finished Goods , Work in process inventory Your Answer Spare Parts , Raw Material , Finished Goods 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 90 in week 3 , 60 in week 4 Multiple Choice Single Answer Question Who has given a design oriented approach in management control literature? Correct Answer Vosselman Your Answer Cooper Select The Blank Question The mode choice aspect of transport decisions are more ________ ones, as they are closely linked with inventory decision. Correct Answer Strategic Your Answer Strategic Select The Blank Question 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 Multiple Choice Single Answer Question Which is the area in which no one has yet developed a reliable forecasting technique? Correct Answer Investment Policy Your Answer Requirements Multiple Choice Single Answer Question Any mistakes in specifying BOMs could have what type of results on shop floor? Correct Answer Disastrous consequence Your Answer Disastrous consequence True/False Question Logistics covers 90% cost of manufacturing. Correct Answer False Your Answer True Match The Following Question Analytical Solution question of interest. question of interest. Modeling behaves. performance. Correct Answer Your Answer
Is the possibility of using mathematical methods to obtain exact information on Is the possibility of using mathematical methods to obtain exact information on
Is the process by which we try to gain the understanding of how the corresponding system Is the tool used test the impact of strategic level decision have on supply chain Is the possibility
Simulation Is the tool for understanding issues of organizational decision making. of using mathematical methods to obtain exact information on question of interest.
System Is the facility or process of interest. Is the tool used test the impact of strategic level decision have on supply chain performance. True/False Question The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among shippers. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which network between companies making different ingredients to many products can be charted? Correct Answer Supply network Your Answer Production network Match The Following Question Correct Answer Your Answer
Other Unit production cost The cost of production of one unit of the product that is not accounted in employee cost. The cost of holding one unit in stock at the end of each period. 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 procured from external source at the end of each period. Unit subcontracting cost The cost of each unit bought from external source. unit in stock at the end of each Month. The cost of holding one
True/False Question The enriching the order decisions with market place information enables the factory to be much more responsive, since less supply chain Filtering is taking place. Correct Answer True Your Answer True True/False Question Logistics must be treated as cost saving function. Correct Answer True Your Answer 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 True/False Question ODETTE is not applicable for automobile industry. Correct Answer False Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS AMIT CHUG True/False Question Lead Time, Order control and Stock levels reduction are the variables in SCM model. Correct Answer True Your Answer True Select The Blank
Question The hiring cost of one employee is ________ in minimal cost strategy. Correct Answer 500 Your Answer 450 Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer VADS 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. 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 Single Answer Question The vital player in the traditional supply chain is :Correct Answer Retailer Your Answer Consumer 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 Clean & well organized environment 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 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 True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True True/False Question BOM is best thought of as divided interval levels. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question In SCM metrics, customer measurements are :Correct Answer Backorder Levels , On Time Delivery , Order Fill Rate Your Answer Cycle Time , Order Fill Rate , Backorder Levels True/False Question The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate. Correct Answer True Your Answer True
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 If the suppliers meet selection criteria then you can ________ the total number of suppliers. Correct Answer Reduce Your Answer Reduce 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 Optimize Multiple Choice Single Answer Question To achieve standardization & customization at the same time, what will have to be done with products? Correct Answer Develop new products with robust design Your Answer Develop new products with robust design 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 Multiple Answer Question If the demand forecast is accurate then consequently which of the following will be accurate? Correct Answer Master Production Schedule , Material Requirement Planning , Production planning Your Answer Master Production Schedule , Material Requirement Planning , Production planning Select The Blank Question Paper or computer records require time to check ________ against recorder level. Correct Answer Stock Your Answer Inventory Select The Blank Question For the good result, supply chain require to be very ________. Correct Answer Transparent Your Answer Attentive Match The Following Question Product Champion Correct Answer Andraski Your Answer Forrester(1960) Hoeskstra & Romme Andraski Forrester(1960) Sterman Poul Jonh
Pull & Push concept discussion Simulation Model Sterman Player concept
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 Value added data service for EDI communication is known as ________. Correct Answer VAN Your Answer ANSI Match The Following Question 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 Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three 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 True/False Question JIT need to be applied to all stages of process. 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 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 Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity Multiple Choice Single Answer Question The alternative strategy to meet the increased demand will be to buy from subcontractor if it would have been :Correct Answer At cheaper cost Your Answer At cheaper cost Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic
Your Answer Strategic 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 True/False Question For total productivity, the Japanese concentrate on the indicators of various elements rather than measuring the output input ratio. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question Postponement benefits are :Correct Answer Increased sales , Lower inventory holding cost , Lower scrap cost Your Answer Increased sales , Lower inventory holding cost , Lower scrap cost Multiple Choice Multiple Answer Question The problems faced by the HP DCs due to traditional system were :Correct Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed Your Answer Large finished goods inventory , Additional stock to handle all the product proliferation , Increasing emphasize placed on speed Multiple Choice Single Answer Question 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 When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action Multiple Choice Single Answer Question When both the cards are used then the Kanban process is known as :Correct Answer Integrated Your Answer Integrated True/False Question By going beyond internal supply chain & including external suppliers and customers does not expose opportunities for improving internal operations. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question In SCM metrics, Training means :Correct Answer Inhouse training , APICS Membership , Certification Training Your Answer Inhouse training , APICS Membership , Certification Training Multiple Choice Single Answer Question At what level Master Production schedule operates? Correct Answer Aggregate Your Answer Aggregate Multiple Choice Single Answer Question Inadequate & excess inventory both are revenue losses for a business so as to avoid this, which of the following is required? Correct Answer TQM & JIT
Your Answer ERP Select The Blank Question Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________ sourcing initiative. Correct Answer partnership Your Answer Sterman Multiple Choice Single Answer Question How the proactive levers attack the causes of variability? Correct Answer Directly Your Answer Directly Select The Blank Question Most real world systems are too complex to allow realistic models to be ________ analytically. Correct Answer Evaluated Your Answer Compared 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 LIST OF ATTEMPTED QUESTIONS AND ANSWERS ASHISH MEHTA
True/False Question The visual record process is only a sub-process in Japanese Kanban Management system. Correct Answer True Your Answer True 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 Distributors Multiple Choice Single Answer Question Master production schedule helps to improve the performance of the value flow across the :Correct Answer Supply chain Your Answer Supply chain Multiple Choice Multiple Answer Question The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :Correct Answer Raw Material , Finished Goods , Work in process inventory Your Answer Raw Material , Finished Goods , Work in process inventory 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 Outlined Multiple Choice Single Answer Question The number of weeks taken for ordering material at beginning till the finished products reach customer in the apperal industry as per Flaherty report is:Correct Answer 58.5 weeks Your Answer 58.5 weeks Select The Blank Question Supply chains consist of ________ of companies. Correct Answer Multiple Layers
Your Answer Performance True/False Question The economic order quantity is the order quantity that minimizes total cost. Correct Answer True Your Answer True Multiple Choice Single Answer Question The level strategy is solution where in number of workers are :Correct Answer Always Fixed Your Answer Always Fixed Select The Blank Question Total annual cost is the function that we want to ________ by choosing an appropriate value of quantity. Correct Answer Minimise Your Answer Keep fixed 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 Multiple Answer Question The consequence of longer lead time will often be :Correct Answer Reduce Production Facility , Higher Levels Of Inventory , Less Dependability Your Answer Less Dependability , Reduce Production Facility , Higher Levels Of Inventory Multiple Choice Single Answer Question The UK EDI Standards developed by ANA( Article Numbering Association) is Known as :Correct Answer TRADACOMS Your Answer TRADACOMS True/False Question The globalization of supply chain does not change the requirement within supply chain management. Correct Answer False Your Answer True Select The Blank Question The 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. True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True Multiple Choice Single Answer Question Which is the system in which production is demand driven, coordinated with actual customer demand? Correct Answer Pull Base System Your Answer Pull Base System True/False Question Inventory Turns means turns over per year for inventory procurement. Correct Answer True Your Answer True
Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Management Select The Blank Question Kanban is not a magic bullet, it is rather an organizational shift towards ________ of responsibility. Correct Answer Decentralization Your Answer Centralization 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 Match The Following Question Correct Answer Your Answer Planned order receipt What we will receive each period as a result of planned orders When we need to release the planned orders having regard to lead time required Planned order release When we need to release the planned orders having regard to lead time required What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs Projected on hand What the inventory level will be if we produce according to plan above & demand forecast is correct What the inventory level will be if we produce according to plan above & demand forecast is correct Projected net requirement What we will need in each period to avoid stock out i.e. the orders that should be placed in order to avoid such stock outs What we will receive each period as a result of planned orders 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 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 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 Match The Following Question Correct Answer Your Answer Reliability It relates with the ability to perform the promised services with dependability and accuracy This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied
Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested It relates with the ability to perform the promised services with dependability and accuracy Select The Blank Question A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals. Correct Answer Logistics Your Answer Distribution True/False Question Direct cost increase can be caused by product or process redesign. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The factors that are to be taken into consideration for the suitability of the Kanban for any nation are :Correct Answer Firm , Cultural differences , External dimensions of nation business Your Answer Firm , Cultural differences , External dimensions of nation business True/False Question The key to integration is co-ordination. Correct Answer True Your Answer True 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 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 Multiple Answer Question The realignment of processing includes :Correct Answer Order taking , Purchasing , Manufacturing Your Answer Order taking , Purchasing , Manufacturing True/False Question To reconcile JIT and EOQ, we dont take fixed setup cost and / or variable holding cost as fixed but seek to reduce them. Correct Answer True Your Answer True 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 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 Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply True/False Question The strategic & Operational decisions are to effectively & efficiantly manage, the product flow in the strategically planned supply chain. Correct Answer True Your Answer True 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 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 Optimize Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Organisation Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Consumer True/False Question The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate. Correct Answer True Your Answer True True/False Question The estimate is that the 3 PL industry will quadruple its size in next five years. Correct Answer False Your Answer True Multiple Choice Single Answer Question In Kanban concept, in which area, there is no storage? Correct Answer Production Your Answer Production Multiple Choice Single Answer Question How many weeks is the lead time between releasing an order to shop floor & producing a finished good? Correct Answer 2 Your Answer 2 Multiple Choice Single Answer Question What is Supply Chain?
Correct Answer Network of Facility & Distribution Your Answer Network of Facility & Distribution
Combined LIST OF ATTEMPTED QUESTIONS AND ANSWERS Select The Blank Question Suppliers are ________ to JIT business. Correct Answer Crucial Your Answer Necessary Match The Following Question Correct Answer Your Answer Reliability It relates with the ability to perform the promised services with dependability and accuracy It relates with the ability to perform the promised services with dependability and accuracy Quality of operation This relates to customer requirement & needs being consistently satisfied This relates to customer requirement & needs being consistently satisfied Speed of operation This is efficient use of time from order to delivery This is efficient use of time from order to delivery Capacity Utilization This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested This is the measure related to a maximum of an organizations ability to provide demanded goods & service in the amount requested Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Supply Chain Management Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Requested delivery date Multiple Choice Multiple Answer Question Following are the parameters of Transportation Metrics :Correct Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped Your Answer Transit time , Outbound Freight cost , Freight Cost per unit shipped True/False Question The effect of buying discount / price breaks does need to be calculated additionally. Correct Answer False Your Answer True True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer True Your Answer True True/False Question Inventory Turns means turns over per year for inventory procurement. Page 1
Combined Correct Answer True Your Answer True Multiple Choice Multiple Answer Question What are the major steps in cycle counting? Correct Answer Cycle counting , Control group cycle counting , Random cycle counting Your Answer Control group cycle counting , Random cycle counting Multiple Choice Single Answer Question Total cost of Ownership & direct Product Profitability are focused at a particular segment of chain intended to be used for :Correct Answer Chain wide Management Your Answer Chain wide Management Multiple Choice Single Answer Question The co-ordination between various players in the supply chain is the key for the effective :Correct Answer Management Your Answer Management Multiple Choice Single Answer Question Within the production field, which process is the most significant of the following? Correct Answer Kanban Your Answer Kanban True/False Question Customer satisfaction through quality must be balanced against environmental impact & strain on the workforce. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Seamless SCM Towill Towill Value of Information Glazer Peter Senge Filtering Del-Vecchio Burbidge Industrial dynamics Burbidge Van Amstel Select The Blank Question We have criteria for ________ forecasts, however generalized they are. Correct Answer Distinguishing Your Answer Comparing Select The Blank Question According the example, for minimal cost, the number of initial workers considered is ________ Correct Answer 10 Your Answer 9 Multiple Choice Single Answer Question If the demand forecast is more accurate which will result in inventory problems what will be its effect on Inventory Carrying and Ordering cost? Correct Answer It will be optimized Your Answer It will be reduced Multiple Choice Single Answer Question By not ordering chairs, we reach a stock out by which week in the example given? Correct Answer 5 Page 2
Combined Your Answer 6 Multiple Choice Single Answer Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :Correct Answer Pyramid Your Answer Pyramid Multiple Choice Single Answer Question In a traditional informational pipeline supply chain player always received order information from :Correct Answer Consumer Your Answer Consumer Multiple Choice Multiple Answer Question Kanban is :Correct Answer A signal or message of communication , Used to control the flow of item through the production process , A push process Your Answer A signal or message of communication , Used to control the flow of item through the production process , A push process True/False Question The total cost in minimal cost strategy is 63400. Correct Answer True Your Answer True Select The Blank Question ________ is only the management philosophy which helps organisation to move from one step to another. Correct Answer Benchmarking Your Answer Benchmarking Multiple Choice Single Answer Question In which technique when applied to the use of numbers in forecasting, vary from high to low? Correct Answer Qualitative Your Answer Qualitative Multiple Choice Multiple Answer Question In the Japanese concept of total productivity, for output they embrace :Correct Answer Quantity , Quality , Delivery Your Answer Quality , Delivery , Facilities Multiple Choice Single Answer Question If the material requirement plan is accurate, then it results in better management of :Correct Answer Cash flow Your Answer Production Select The Blank Question Kanban process ________ focuses on the human factors of production. Correct Answer Indirectly Your Answer Directly Multiple Choice Multiple Answer Question The majority of companies said that using 3 PL services had positive effect on :Correct Answer Logistic Cost , Customer satisfaction Your Answer Logistic Cost , Customer satisfaction , Employee Morale Multiple Choice Single Answer Question What affects the forecasting of performance levels? Correct Answer Changing environment Your Answer Foreseen events Select The Blank Question One of the ideas behind JIT is to reduce fixed setup cost & variable Page 3
Combined holding cost to ________ total cost Correct Answer Drive down Your Answer Minimise True/False Question Distribution & Warehousing comes under supply chain measurement. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question The SCM key metrics should be closely aligned to the company's strategic objectives. In this measurements usually covers :Correct Answer Internal Business , Training , Customer Your Answer Internal Business , Training , Customer True/False Question The impact of indirect cost increase is sometimes not limited to company implementing postponement, but affects the other players in the supply chain. Correct Answer True Your Answer False Multiple Choice Multiple Answer Question The changes to be made in supply chain due to problem of longer lead time is:Correct Answer Speed it up , Restructure it , Change co-ordination Your Answer Speed it up , Restructure it , Change co-ordination Select The Blank Question According to Ducker, Customer focus oriented logistics must be treated as ________. Correct Answer Cost saving centre Your Answer Cost saving centre Multiple Choice Multiple Answer Question The strategic decision in supply chain includes :Correct Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants Your Answer What products to produce , Which plants to produce them , Allocation of Suppliers to plants True/False Question The economic order quantity is the order quantity that minimizes total cost. Correct Answer True Your Answer True True/False Question Backorder means an unfilled customer order. Correct Answer True Your Answer False Select The Blank Question For the good result, supply chain require to be very ________. Correct Answer Transparent Your Answer Transparent Select The Blank Question EOQ is very sensitive to error as long as the magnitude of cost / demand data is ________ accurate. Correct Answer Reasonably Your Answer Completely Multiple Choice Single Answer Question The most relevant measures for capital input is that of :Correct Answer Replacement cost Your Answer Market value Page 4
Combined Multiple Choice Single Answer Question The mechanism by which material and information flows through supply chain, is known as :Correct Answer Pipeline Your Answer Chainline Multiple Choice Multiple Answer Question Fixed quantity systems :Correct Answer Can cope well with demand variability , Facilitate lower stocks , Orders can not be consolidated to secure supplier discounts Your Answer Are easy to manage , Can cope well with demand variability , Facilitate lower stocks Multiple Choice Multiple Answer Question The media for EDI communication are :Correct Answer LAN , Magnetic Tape/ Internet , Direct Data communication Link Your Answer Magnetic Tape/ Internet , Direct Data communication Link , VAN
Multiple Choice Multiple Answer Question In the single product example defined for planning into periods, some of the options are :Correct Answer Regular time , Hire employees , Fire employees Your Answer Regular time , Hire employees , Fire employees True/False Question The key point about structural information is that it changes relatively infrequently. Correct Answer True Your Answer True LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer Reduce Inventory Cost , More Revenue , On Time Delivery Your Answer Reduce Inventory Cost , Cycle Time , On Time Delivery Multiple Choice Single Answer Question Product lines with highly customized end product find it difficult to forecast on product basis :Correct Answer The demand Your Answer The demand Multiple Choice Single Answer Question The supply chain management is compared by " Cooper and Ellram" with :Correct Answer Relay Team Your Answer Relay Team True/False Question All forecasting methods require complex calculations and therefore are ideally suited to be done by a computer. Correct Answer False Your Answer True True/False Question The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level. Correct Answer False Your Answer False Multiple Choice Single Answer Question Which is the system in which production is demand driven, coordinated with actual customer demand? Correct Answer Pull Base System Your Answer Push Base system Page 5
Combined Select The Blank Question BOM can have ________ levels. Correct Answer Many Your Answer Two Multiple Choice Single Answer Question Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Transportation of item Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three True/False Question Warehousing & Transportation are not at all related activity in SCM.
Correct Answer False Your Answer False Select The Blank Question In the MRP package referred in the example, the entry of capacity data is to see if we are________ production capacity. Correct Answer Exceeding Your Answer Not meeting Multiple Choice Multiple Answer Question Both the ordering system fixed quantity at variable times and variable quantity at fixed times has implications for :Correct Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Your Answer Safety stock , Operational responsiveness , Level of risk involved given variable supply Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Tactical Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Customer Order promised cycle time Your Answer Customer Order promised cycle time Select The Blank Question One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the major customers. Correct Answer Clustered Your Answer Clustered Multiple Choice Multiple Answer Question Implementing JIT system is a task that can't be undertaken lightly, it will be expensive in terms of :Correct Answer Management & effort , Initial implementation , The continuing effort to run the system Your Answer Management & effort , Initial implementation , The continuing effort to run the system Multiple Choice Single Answer Question Outsourcing to 3PL companies to world class standards allow the company to realize their anticipated benefits:Correct Answer Immediately Your Answer Immediately True/False Page 6
Combined Question A two bin system is not appropriate with many stock items. Correct Answer True Your Answer False Multiple Choice Single Answer Question To provide an adequate support what will be need to do with information system? Correct Answer Major overhaul Your Answer Major overhaul Multiple Choice Multiple Answer Question The Technical Aspects of EDI agreement are :Correct Answer coding system , The EDI that is to be employed , The Network that is to be used Your Answer The EDI that is to be employed , The Network that is to be used , coding system Multiple Choice Single Answer Question The Data required for the IT application in the field of SCM is mainly based on:Correct Answer Decision Making Your Answer Data Structure Match The Following Question Correct Answer Your Answer Manager participation in SCM activity 0.16 0.16 Director/GM participation in SCM activity 0.28 0.28 Vice President participation in SCM activity 0.17 0.17 President participation in SCM activity 0.14 0.14 True/False Question In the supply chain, a team of four player, retailer, distributor, warehouse, factory is require to get involved for the success. Correct Answer True Your Answer True True/False Question BOM is best thought of as divided interval levels. Correct Answer True Your Answer True Multiple Choice Single Answer Question How does aggregate plan created by master production schedule become extremely detailed plan? Correct Answer MRP translates it Your Answer MRP translates it Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for the organization? Correct Answer Common Your Answer Common Multiple Choice Multiple Answer Question The category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer Short Term , Medium Term , Long Term Page 7
Combined True/False Question The globalization of supply chain does not change the requirement within supply chain management. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question The treasury equation refers to predict customer spending will look at the factors like :Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index True/False Question If the supply chain do not track uncertainties than it leads to non optimal stocking levels. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question When conformance is not achieved, what is the role of cycle counting? Correct Answer To provide for cause , To provide for corrective action , To provide for future action Your Answer Measure the level of conformance to expectable , To provide for cause , To provide for corrective action Multiple Choice Multiple Answer Question Companies that would obviously gain very little from postponement, experiences a radically different picture in their business like :Correct Answer Demand with little or no uncertainty , Low value of short time to market , Low product proliferation Your Answer Low value of short time to market , Low product proliferation , Medium inventory value Select The Blank Question A further development of ________ performance measures is that a matrix of indicators can be formulated to relate main process of Logistics to the major long term goals. Correct Answer Logistics Your Answer Distribution True/False Question Logistics covers 90% cost of manufacturing. Correct Answer False Your Answer False Multiple Choice Single Answer Question In any event, we prefer the forecasting method that gives which type of Average squared error? Correct Answer Lowest Your Answer Zero Select The Blank Question The indirect cost increase has the consequent ________ the infrastructure & resources. Correct Answer Impacts on Your Answer Effects on Select The Blank Question World class Logistics study is published in the year ________. Correct Answer 1995 Your Answer 1996 Select The Blank Question In re-order level approach average stock levels stay more or Page 8
Combined ________ the same and are Less responsive to change in demand. Correct Answer Less Your Answer Less Match The Following Question Correct Answer Your Answer Stock out ratio Is comparison of % of demand actually satisfied with the defined service Is comparison of % of demand actually satisfied with the defined service Lead time Is the time between a replenishment need arising & new deliveries being ready for use Is the time between a replenishment need arising & new deliveries being ready for use Inventory service level Is % probability of stock availability to meet demands Is % probability of stock availability to meet demands ABC Analysis Can be used to classify stock groups Can be used to classify stock groups Multiple Choice Multiple Answer Question The operational perspective in management of inventory level are :Correct Answer Deployment strategies , Setting Safety Stock level , Optimal Level of Order Quantity Your Answer Setting Safety Stock level , Optimal Level of Order Quantity , Setting of production levels Multiple Choice Single Answer Question The data content & floors of stock record systems are needed by which methods? Correct Answer Just in time Your Answer Just in time True/False Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to maintain significant amount of inventory. Correct Answer True Your Answer True Multiple Choice Multiple Answer Question JIT philosophy has following features :Correct Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Your Answer Elimination of waste in many forms , Belief that ordering / holding cost can be reduced , Continuous improvement always striving to improve Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes more important capability. Correct Answer Applicability Your Answer Applicability Select The Blank Question Japanese logistics performance and its ________ are paramount priorities in their business environment. Correct Answer Effectiveness Your Answer Effectiveness Select The Blank Question Suppliers agree to give customer ________ plans to cope with disruption. Correct Answer Contingency Your Answer Contingency LIST OF ATTEMPTED QUESTIONS AND ANSWERS Page 9
Combined 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
Multiple Choice Single Answer Question Which is the area in which no one has yet developed a reliable forecasting technique? Correct Answer Investment Policy Your Answer Investment Policy Multiple Choice Single Answer Question To cut extra cost due to nil inventory, in which week we should order? Correct Answer 3rd Your Answer 3rd Select The Blank Question Improved Quality & Delivery on Time are the benefits associated with CBI/DTI ________ sourcing initiative. Correct Answer partnership Your Answer partnership Select The Blank Question Suppliers are ________ to JIT business. Correct Answer Crucial Your Answer Crucial Multiple Choice Multiple Answer Question Following are some of the tools for Supply Chain Measurement :Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Multiple Choice Multiple Answer Question With component commonality step 1(operation) storage 1 (buffer) will depend on :Correct Answer Incremental investment cost for producing common components at step 1 , Unit cost of step 1 (exploiting economics of scale) , Potential savings, due to reduction of inventory at storage Your Answer Incremental investment cost for producing common components at step 1 , Potential savings, due to reduction of inventory at storage , Increase in combined cost of both True/False Question The advantage of using moving average for forecasting is that in calculating the average all the observations are given equal weightage. Correct Answer True Your Answer True Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Purchase order placed 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 One of the factors behind Japanese success story as geographic proximity and that suppliers are often ________ around the major customers. Page 10
Combined Correct Answer Clustered Your Answer Clustered 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 Select The Blank Question World class Logistics study is published in the year ________. Correct Answer 1995 Your Answer 1996 Select The Blank Question We have criteria for ________ forecasts, however generalized they are. Correct Answer Distinguishing Your Answer Distinguishing Match The Following Question Correct Answer Your Answer Manager participation in SCM activity 0.16 0.28 Director/GM participation in SCM activity 0.28 0.17 Vice President participation in SCM activity 0.17 0.16 President participation in SCM activity 0.14 0.14 Select The Blank Question Kanban process ________ focuses on the human factors of production. Correct Answer Indirectly Your Answer Indirectly 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 Lot for lot True/False Question Inventory Turns means turns over per year for inventory procurement.
Correct Answer True Your Answer True Select The Blank Question Rather than attempt to guess which forecast is better, we can ________ the problem logically. Correct Answer Approach Your Answer Solve 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 The mechanism by which material and information flows through supply chain, is known as :Correct Answer Pipeline Your Answer Pipeline Page 11
Combined Multiple Choice Single Answer Question The starting point for any logistics, strategy must be through understanding of the requirement of :Correct Answer Customer Your Answer Customer 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 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 True/False Question Logistics covers 90% cost of manufacturing. Correct Answer False Your Answer True Select The Blank Question It is often important to conduct ________ analysis in MRP. Correct Answer What-if Your Answer What-when Multiple Choice Single Answer Question An improvement in factory order rate & Factory stock level Behavioral pattern shows dynamic response to :Correct Answer Simulation Model Your Answer APIOBPCS True/False Question Lead Time, Order control and Stock levels reduction are the variables in SCM model. Correct Answer True Your Answer True True/False Question To reconcile JIT and EOQ, we dont take fixed setup cost and / or variable holding cost as fixed but seek to reduce them. Correct Answer True Your Answer True Multiple Choice Single Answer Question Which is the Area, to which maximum time was allocated by Supply chain personnel is :Correct Answer Customer service Your Answer Customer service Select The Blank Question Most real world systems are too complex to allow realistic models to be ________ analytically. Correct Answer Evaluated Your Answer Evaluated 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 MRP output consists of :Correct Answer Scheduled receipt , Projected net required , Planned order Release , Projected sales Page 12
Your Answer
Combined Scheduled receipt , Planned order Release , Projected sales
Multiple Choice Multiple Answer Question The three areas of traditionally comprise supply chain management are :Correct Answer Supply Chain Planning , Supply chain Execution , Supply chain Transaction System Your Answer Supply Chain Planning , Supply chain Transaction System , Supply chain Appraisal system Multiple Choice Multiple Answer Question Realignment of infrastructure includes :Correct Answer Production & warehouse premises , Production equipment , Information & IT system Your Answer Production & warehouse premises , Production equipment , Information & IT system Multiple Choice Single Answer Question Spares stationery, consumable etc. are what type of inventory for the organization? Correct Answer Common Your Answer Common Multiple Choice Single Answer Question In management, construction of a strategic framework for productivity and performance analysis is required for :Correct Answer Logistics management Your Answer Materials Management 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 Multiple Answer Question Which are the SMART goals? Correct Answer Specific , Measurable , Attainable Your Answer Specific , Measurable , Attainable 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 The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate. 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 not met 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 Data required for the IT application in the field of SCM is Page 13
Combined mainly based on:Correct Answer Decision Making Your Answer Data Structure True/False Question Safety stock must accommodate unexpected increase in demand and the risk of stock out situation. Correct Answer False Your Answer True Multiple Choice Multiple Answer Question The treasury model of economy referred in the book which contains many variable and is used to look at the effect of :Correct Answer Interest Rate Changes , Tax Changes , Oil Price Change Your Answer Interest Rate Changes , Tax Changes , Vehicle Rate Changes Match The Following Question Correct Answer Your Answer Seamless SCM Towill Towill Value of Information Glazer Glazer Filtering Del-Vecchio Van Amstel Industrial dynamics Burbidge Burbidge
LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question Entities in a supply chain may belong to different organization within different companies. Correct Answer False Your Answer False True/False Question The visual record process is only a sub-process in Japanese Kanban Management system. Correct Answer True Your Answer False Select The Blank Question The multi plant co-ordination is to coordinate the ________ plans of several plants. Correct Answer Production Your Answer Production Multiple Choice Multiple Answer Question The competitive priorities in operations strategy are :Correct Answer Cost , Quality , Time Your Answer Quality , Time , Quantity Multiple Choice Multiple Answer Question The Technical Aspects of EDI agreement are :Correct Answer coding system , The EDI that is to be employed , The Network that is to be used Your Answer coding system , The EDI that is to be employed , The Network that is to be used Multiple Choice Multiple Answer Question The various basic logistics productivity ratios can be used to control elements such as :Correct Answer Warehousing , Transportation , Customer Service Your Answer Warehousing , Transportation , Customer Service Multiple Choice Multiple Answer Page 14
Combined 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 Any mistakes in specifying BOMs could have what type of results on shop floor? Correct Answer Disastrous consequence Your Answer Disastrous results 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 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 Indicates 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 When both the cards are used then the Kanban process is known as :Correct Answer Integrated Your Answer Integrated Select The Blank Question The fire in 1997 forced Toyoto to embark upon review of ________ that were sourced from single supplier. Correct Answer Components Your Answer Components Multiple Choice Single Answer Question In the field of IT enabled Supply Chain, "TPS" means:Correct Answer Transaction Processing system Your Answer Transaction Processing system True/False Question ODETTE is not applicable for automobile industry. Correct Answer False Your Answer True True/False Question The effect of buying discount / price breaks does need to be calculated additionally. Correct Answer False Your Answer False Select The Blank Question Paper or computer records require time to check ________ against recorder level. Correct Answer Stock Your Answer Stock Select The Blank Question The reduced stock holding eliminates ________ of goods. Correct Answer Double Handling Your Answer Invoicing & costing Page 15
Combined Select The Blank Question Category C items are relatively unimportant inventory items & are responsible for ________% of inventory cost. Correct Answer 5 Your Answer 5 Match The Following Question Correct Answer Your Answer Modeling approaches are methods Which facilitate concise review & at the same time attempt to accommodate the above polarity. Which facilitate concise review & at the same time attempt to accommodate the above polarity. Rough cut methods give guiding policies For the operation decisions. For the operation decisions. Network design methods For the most part give normative models for more strategic decisions. For the most part give normative models for more strategic decisions. Simulation is the method by which A comprehensive supply chain model can be analyzed. A comprehensive supply chain model can be analyzed. Match The Following Question Correct Answer Your Answer Towill 1996 1996 Forrester 1960 1960 Amstel 1990 1990 Whiteoak 1994 1989 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 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 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 Deployment strategies , Setting Safety Stock level , Setting of production levels Multiple Choice Multiple Answer Question While making back order as zero, the default data considered are :Correct Answer No Subcontracting , Full Regular Time capacity , No over time Planning Your Answer Full Regular Time capacity , No over time Planning , No Subcontracting 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 Page 16
Combined Question Mr. Lunch cross show performance which is filtered down from corporate vision as a :Correct Answer Pyramid Your Answer Pyramid Multiple Choice Multiple Answer Question JIT is a suitable production system, when :Correct Answer A reasonable number of units made , A product is of high value , Setup time on machine is short Your Answer A reasonable number of units made , Setup time on machine is short , Quality may be assured 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 Less costly Multiple Choice Single Answer Question To Maximize competitive advantage, all members within Supply Chain should seamlessly work together to serve end consumer. This comment is given by:Correct Answer Towill Your Answer Towill 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 Multiple Choice Multiple Answer Question The implications of introducing consolidation centre were :Correct Answer How many centers to have? , Location of centres , Size of centres Your Answer How many centers to have? , Location of centres , Size of centres Multiple Choice Single Answer Question 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 realistic ________ demonstrate the benefits of a holistic view of supply chain information flow. Correct Answer Simulation Model Your Answer Interlinkage Model Multiple Choice Multiple Answer Question The realignment of processing includes :Correct Answer Order taking , Purchasing , Manufacturing Your Answer Purchasing , Manufacturing , Distribution 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 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 Page 17
Combined Question Kanban was originally developed for which company as a way of managing material flow in the assembly line? Correct Answer Toyota Your Answer Toyota Multiple Choice Single Answer Question To achieve standardization & customization at the same time, what will have to be done with products? Correct Answer Develop new products with robust design Your Answer Manage with regular product with process change Multiple Choice Single Answer Question Initially the candidates for outsourcing were companies that needed to reduce their :Correct Answer Assets Your Answer Assets 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 The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Organisation Select The Blank Question The geographic placement of production facility, stocking points & sourcing is the ________ step in creating supply chain. Correct Answer First Your Answer First Multiple Choice Single Answer Question The calculations of forecasting methods are :Correct Answer Tedious Your Answer Error Prone 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 Normally Select The Blank Question In the Enrich information pipeline all supply chain partner utilize ________. Correct Answer Market Sales Information Your Answer Black Holes True/False Question JIT is not a dynamic system. Correct Answer True Your Answer False . In 1996, the purchase of logistics services by 3PL on behalf of their client in billion dollars was :25 30 28 40 2. The data content & floors of stock record systems are needed by which methods? Page 18
Combined Just in time Kanban Master production schedule M.R.P. Methods 3. In re-order level approach average stock levels stay more or More Equally Less Unequally the same and are Less responsive to change in demand. 4. The Data required for the IT application in the field of SCM is mainly based on:Decision Making Data Available Data Structure DBMS 5. According to Womack & Jones (1996),Who is the Prospective of SCM? Final Customer Manufacturer Transporter Supplier 6. The modeling approaches are :Network Design Rough Cut Method Simulation Based Operation Based 7. The rounding of fraction need not concern, as it is unlikely that demand forecast will be completely accurate. True False 8. The result of all the factors is that there is not a single integrated plan for the :Organisation Supply Chain Management Production Unit Retail Store 9. Postponement does guarantee win win situation under all circumstance in spite of cost involved. True False 10. The key in effective management of the firms transport strategy is :Shipment Size Routing Scheduling of Equipment Transport Vehicle Size. 11. Improved Quality & Delivery on Time are the benefits associated with CBI/DTI Peter Senge Lean Sterman partnership sourcing initiative. 12. The mechanism by which material and information flows through supply chain, is known as :Pipeline Infolog Logistics Chainline Page 19
Combined 13. Indirect cost increases can be caused by changes in the Production Logistics Marketing and distribution process. Procurement
14. Following are some of the tools for Supply Chain Measurement :Cash to cash cycle time Supply Chain cycle Time Inventory Replenishment Cycle Time Training Cycle Time 15. The cost of oversupply is high in case of highly customized end products as it is difficult to find for them:The The The The alternative alternative alternative alternative uses suppliers buyers process of production
16. 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. True False 17. Customer order promised cycle time is gap between the purchase order creation and Requested delivery date Goods received Purchase order placed Action started. 18. What can a company improve by being able to postpone the production in its existing business? Performance Working Profitability Sales 19. The Gap between purchase order creation date and requested delivery date is known as :Customer Order promised cycle time Manufacturing Cycle Time Inventory Replenishment Cycle Time DBMS 20. In MRP II, the concentration is on planning of the manufacturing resources like :People Machines Storage Requirement 21. 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. True False 22. The co-ordination between various players in the supply chain is the key for the effective :Management Organisation Page 20
Combined Operation Distribution 23. The retailers undertake Pareto Analysis routinely to Increase Calculate turnover of item. Predict Compare
24. The integration will make each unit of organization understand how the action will impact other parts of & enabling it to choose alternative that Optimize Satisfy Complete Enhance the organization goal. 25. 1. Gilmour 2. Davis 3. Billington 4. La Londe 2. 1. 1997 1995 3. 1999 4. 1992 5. 1998 6. 1993
26. The strength of postponement lies in its wide Scope Applicability Requirements Probabilities as speed becomes more important capability. 27. The alternative strategy to meet the increased demand will be to buy from subcontractor if it would have been :At cheaper cost At same cost with better quality Better Quality Only Faster Supplies 28. In 1990, General Motor had approximately :1770 suppliers 31 Assemble parts 30 million metric tonnes per day of shipment 10000 parts shipped per day 29. Total productivity appears the only relevant productivity measure for decision making purpose. True False 30. The models that describe operational decisions are often very Specific Simple Complex in nature. Clear
32. Market sales data is the Competitive Advantage Peter Senge effect Factor of integrity Information catalyst for the whole supply chain. 33. Following results are possible only & only if organisation goes for Supply chain Priorities:Cycle Time On Time Delivery Reduce Inventory Cost More Revenue 34. The Appraisal points for market information enriched strategy are :JIT Capacity Level Number of Stock turns Order Amplification Consumer Habit fluctuation Page 21
Combined 35. How the average inventory for the stock item is represented? By By By By 1/2 3/4 1/4 3/8 stock stock stock stock
36. The real benefits of Kanban will not be Available Used Realized Utilized until the auto-industry moves into a mixed production. 37. Most computer peripheral manufacturers have built one plant for major market places like:America Asia Europe Australia 38. The levels at which long term decisions are made is :Strategic Tactical Operational Management 39. A two bin system is not appropriate with many stock items. True False 40. MRP typically takes into account the capacity consideration. True False 41. ODETTE is not applicable for automobile industry. True False 42. In performance scenario, in a simplistic manner provides the continuous total productivity management cycle of :Measurement Evaluation Planning Effectiveness 43. While still maintaining high service level, the objective of supply chain manager for inventory is to :Decrease it Maintain it Increase it Make Zero 44. In practice, the data items for MPS will have normally same value in each week. True False 45. What is Supply Chain? Network of Facility & Distribution Network of procurement & Transportation of Material Network of Intermediate and Finished products Page 22
Combined Network of Sales And Distribution 46. It is often important to conduct analysis in MRP. What-if What-when What-how What-required
47. Different machines were clustered together to eliminate : Transportation of item Movement of workers Movement of tools Transportation of inspection equipments 48. The box jenkins method requires forecasters to :To make judgments Use their experience Use their expert judgment Use their Knowledge 49. How many levels the supply chain management is divided into ? Three Two Four Five 50. Products, with highly unpredictable levels of demand, high criticality, must hold high levels of stock and thereby allowing safety margins for :Delivery Lead time Demand Fluctuation Market Potential 51. In the supply chain , Material flows :Downstream Upstream Horizontally Vertically 52. Marketing, Distribution, planning and Manufacturing along the supply chain operate :Independently Interdependently Concurrently Singularly 1. Modeling 1. Is the tool used test the impact of strategic level decision have on supply chain performance. 2. Simulation 2. Is used to evaluate the impact of information sharing and Co-Ordination. 3. System 3. Is the tool for understanding issues of organizational decision making. 4. Analytical Solution 4. Is the facility or process of interest. 5. Is the possibility of using mathematical methods to obtain exact information on question of interest. 6. Is the process by which we try to gain the understanding of how the corresponding system behaves. 54. In order to avoid a stock in a specified period, the quantity required to be ordered is :135 145 150 Page 23
Combined 125 55. The supply chain management is compared by " Cooper and Ellram" with :Relay Team Long Distance Runner Long Distance Jumper Hockey Team 56. If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Seats Backs Legs Chairs 57. 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. True False _________________________________________________________________________________ _________ Answers: 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 Single Answer Question The data content & floors of stock record systems are needed by which methods? Correct Answer Just in time Your Answer Master production schedule Multiple Choice Single Answer Question The alternative strategy to meet the increased demand will be to buy from subcontractor if it would have been :Correct Answer At cheaper cost Your Answer Faster Supplies 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 , 10000 parts shipped per day True/False Question Total productivity appears the only relevant productivity measure for decision making purpose. Correct Answer True Your Answer False Select The Blank Question The models that describe operational decisions are often very ________ in nature. Correct Answer Specific Your Answer Complex Match The Following Page 24
Combined Question Correct Answer Your Answer Expedition More frequent & flexible delivery may be required for realignment of process More frequent & flexible delivery may not be required 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 Companies that used to collect customer orders on a weekly basis will need to improve the information collection cycle time for realignment of process Select The Blank Question Market sales data is the ________ for the whole supply chain. Correct Answer Information catalyst Your Answer Competitive Advantage Multiple Choice Multiple Answer Question Following results are possible only & only if organisation goes for Supply chain Priorities:Correct Answer On Time Delivery , Reduce Inventory Cost , More Revenue Your Answer On Time Delivery , Reduce Inventory Cost , More Revenue Multiple Choice 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 , Number of Stock turns , Consumer Habit fluctuation Multiple Choice Single Answer 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 The real benefits of Kanban will not be ________ until the auto-industry moves into a mixed production. Correct Answer Realized Your Answer Utilized Multiple Choice Single Answer Question The levels at which long term decisions are made is :Correct Answer Strategic Your Answer Strategic True/False Question A two bin system is not appropriate with many stock items. Correct Answer True Your Answer True True/False Question MRP typically takes into account the capacity consideration. Correct Answer True Your Answer False True/False Page 25
Combined Question ODETTE is not applicable for automobile industry. Correct Answer False Your Answer True Multiple Choice Single Answer Question While still maintaining high service level, the objective of supply chain manager for inventory is to :Correct Answer Decrease it Your Answer Decrease it Multiple Choice Single Answer Question What is Supply Chain? Correct Answer Network of Facility & Distribution Your Answer Network of Intermediate and Finished products 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 Different machines were clustered together to eliminate : Correct Answer Transportation of item Your Answer Movement of workers Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three Multiple Choice Single Answer Question In the supply chain , Material flows :Correct Answer Downstream Your Answer Horizontally Multiple Choice Single Answer Question Marketing, Distribution, planning and Manufacturing along the supply chain operate :Correct Answer Independently Your Answer Concurrently Match The Following Question Correct Answer Your Answer Analytical Solution Is the possibility of using mathematical methods to obtain exact information on question of interest. Is the possibility of using mathematical methods to obtain exact information on question of interest. Modeling Is the process by which we try to gain the understanding of how the corresponding system behaves. Is used to evaluate the impact of information sharing and Co-Ordination. Simulation Is the tool for understanding issues of organizational decision making. Is the tool used test the impact of strategic level decision have on supply chain performance. System Is the facility or process of interest. Is the process by which we try to gain the understanding of how the corresponding system behaves. Multiple Choice Single Answer Question The supply chain management is compared by " Cooper and Ellram" with :Correct Answer Relay Team Your Answer Relay Team Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet Page 26
Combined those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs True/False Question In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the company has to maintain significant amount of inventory. Correct Answer True Your Answer True Select The Blank Question 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 The Data required for the IT application in the field of SCM is mainly based on:Correct Answer Decision Making Your Answer DBMS Multiple Choice Single Answer Question According to Womack & Jones (1996),Who is the Prospective of SCM? Correct Answer Final Customer Your Answer Final Customer 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 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 The mechanism by which material and information flows through supply chain, is known as :Correct Answer Pipeline Your Answer Pipeline 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 Multiple Answer Question Following are some of the tools for Supply Chain Measurement :Correct Answer Cash to cash cycle time , Supply Chain cycle Time , Inventory Replenishment Cycle Time Your Answer Supply Chain cycle Time , Inventory Replenishment Cycle Time , Training Cycle Time 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 Page 27
Your Answer
Combined The alternative buyers
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 Select The Blank Question Customer order promised cycle time is gap between the purchase order creation and ________. Correct Answer Requested delivery date Your Answer Requested delivery date Multiple Choice Single Answer Question What can a company improve by being able to postpone the production in its existing business? Correct Answer Performance Your Answer Sales Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Customer Order promised cycle time Your Answer Customer Order promised cycle time Multiple Choice Multiple Answer Question In MRP II, the concentration is on planning of the manufacturing resources like :Correct Answer People , Machines , Storage Your Answer People , Machines , Storage True/False Question 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 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 The retailers undertake Pareto Analysis routinely to ________ turnover of item. Correct Answer Compare Your Answer Increase 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 Complete Select The Blank Question The strength of postponement lies in its wide ________ as speed becomes more important capability. Correct Answer Applicability Your Answer Applicability
Page 28
LIST OF ATTEMPTED QUESTIONS AND ANSWERS Multiple Choice Multiple Answer Question The benefit of MRP is that the process is automated, hence it :Correct Answer Can easily take other items that go to make final assembly , Is quicker , Is less error prone Your Answer Can easily take other items that go to make final assembly , Is quicker , Is less error prone True/False Question Customer service is prime motto for SCM. Correct Answer True Your Answer True 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 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 Optimize 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 concept which is relevant to many situations where organizational growth system is required to flow of incoming materials against outgoing components & product is known as :Correct Answer Pipeline Management Your Answer Pipeline Management Multiple Choice Multiple Answer Question The implications of introducing consolidation centre were :Correct Answer How many centers to have? , Location of centres , Size of centres Your Answer How many centers to have? , Location of centres , Size of centres
True/False Question The total cost in minimal cost strategy is 63400. Correct Answer True Your Answer True True/False Question The corporations production Kanban is the card which regulates the suppliers production kanban. Correct Answer False Your Answer False Select The Blank Question Simple method for Time series forecasting is to take a ________ Average. Correct Answer Moving Your Answer Moving Multiple Choice Multiple Answer Question The information Enriched simulation Model is based on :Correct Answer Automatic Pipeline Inventory , OBPCS , Traditional Model Your Answer Automatic Pipeline Inventory , OBPCS , Traditional Model 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 Select The Blank Question World class Logistics study is published in the year ________. Correct Answer 1995 Your Answer 1995 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 Multiple Choice Single Answer Question Which network between companies making different ingredients to many products can be charted? Correct Answer Supply network Your Answer Supply network Multiple Choice Single Answer Question MRP is much better suited than JIT for which type of implementation?
Computerised Computerised
Multiple Choice Single Answer Question The Gap between purchase order creation date and requested delivery date is known as :Correct Answer Customer Order promised cycle time Your Answer Customer Order promised cycle time 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 levels at which long term decisions are made is :Correct Answer Strategic Your Answer Strategic 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 Select The Blank Question The mode choice aspect of transport decisions are more ________ ones, as they are closely linked with inventory decision. Correct Answer Strategic Your Answer Strategic Select The Blank Question 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 Calculate Multiple Choice Single Answer Question How many levels the supply chain management is divided into ? Correct Answer Three Your Answer Three Multiple Choice Single Answer Question While still maintaining high service level, the objective of supply chain manager for inventory is to :-
Decrease it Decrease it
True/False Question Defects per million opportunities(DPMO) is concept of Four Sigma. Correct Answer False Your Answer False True/False Question Orders arrive in one batch with a known lead time arriving just as stock is exhausted. Correct Answer True Your Answer False 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 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 Multiple Choice Single Answer Question The number of weeks taken for ordering material at beginning till the finished products reach customer in the apperal industry as per Flaherty report is:Correct Answer 58.5 weeks Your Answer 58.5 weeks Select The Blank Question The 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 The estimate is that the 3 PL industry will quadruple its size in next five years. Correct Answer False Your Answer False Multiple Choice Multiple Answer Question When conformance is not achieved, what is the role of cycle counting?
Correct Answer for future action Your Answer for future action
To provide for cause , To provide for corrective action , To provide To provide for cause , To provide for corrective action , To provide
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 Most computer peripheral manufacturers have built one plant for major market places like:Correct Answer America , Asia , Europe Your Answer America , Asia , Europe Select The Blank Question Category C items are relatively unimportant inventory items & are responsible for ________% of inventory cost. Correct Answer 5 Your Answer 5 Match The Following Question Correct Answer Your Answer Modeling approaches are methods Which facilitate concise review & at the same time attempt to accommodate the above polarity. Which facilitate concise review & at the same time attempt to accommodate the above polarity. Rough cut methods give guiding policies For the operation decisions. For the operation decisions. Network design methods For the most part give normative models for more strategic decisions. For the most part give normative models for more strategic 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 strength of postponement lies in its wide ________ as speed becomes more important capability. Correct Answer Applicability Your Answer Applicability Multiple Choice Single Answer Question In order to avoid a stock in a specified period, the quantity required to be ordered is :Correct Answer 135 Your Answer 135
True/False Question Postponement does guarantee win win situation under all circumstance in spite of cost involved. Correct Answer True Your Answer True Match The Following Question Correct Answer Your Answer Other Unit production cost The cost of production of one unit of the product that is not accounted in employee cost. The cost of 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 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 In Toyoto, what was the most common method of Kanban? Correct Answer Piece of rectangular paper in transparent vinyl envelope Your Answer Piece of rectangular paper in transparent vinyl envelope Multiple Choice Multiple Answer Question If we take chair figures from MPS as chair requirement and to meet those requirements, the package will produced a detailed production plan for :Correct Answer Seats , Backs , Legs Your Answer Seats , Backs , Legs True/False Question 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 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 The cheapest solution is to simply ________ backorders to built up over the planning period. Correct Answer Allow Your Answer Allow Multiple Choice Single Answer Question The result of all the factors is that there is not a single integrated plan for the :Correct Answer Organisation Your Answer Organisation
To reconcile JIT and EOQ, we don take fixed setup cost and / or t variable holding cost as fixed but seek to reduce them. Correct Answer True Your Answer True
Multiple Choice Single Answer Question In Delphi technique a answers of the questions are assembled & are re-circulated among the experts till :Correct Answer Consensus is reached Your Answer Consensus is reached
Multiple Choice Single Answer Question The decision on mode of transport are influenced by geographical placements of :Correct Answer Plants & Warehouse Your Answer Plants & Warehouse
Correct Answer 1996 1960 1990 1994
Your Answer 1996 1960 1990 1994
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 Queue at supplier end
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 True/False Question Pressure For the Change , Shared Vision , Capacity for Change
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 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 Meet
Select The Blank Question Kanban process ________ focuses on the human factors of production. Correct Answer Indirectly Your Answer Indirectly
Multiple Choice Single Answer Question In the customization of highly customized product which step has most significant impact? Correct Answer Production Your Answer Production
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 Hiring cost per employee is:Correct Answer Hiring cost Your Answer Hiring cost
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 multi plant co-ordination is to coordinate the ________ plans of several plants. Correct Answer Production Your Answer Production
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 Outlined
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 category of forecasting are :Correct Answer Short Term , Medium Term , Long Term Your Answer True/False Question Short Term , Medium Term , Long Term
EDI helps in Just In Time for manufacturing.
Multiple Choice Multiple Answer Question The three areas of traditionally comprise supply chain management are :Correct Answer Supply Chain Planning , Supply chain Execution , Supply chain Transaction System Your Answer Supply Chain Planning , Supply chain Execution , Supply chain Transaction System Select The Blank Question The Function for EDI software is message tracking and ________. Correct Answer Audit Trail Your Answer Audit Trail
Match The Following Question Stock out ratio
Correct Answer Is comparison of % of demand actually satisfied with the defined service Is the time between a replenishment need arising & new deliveries being ready for use Is % probability of stock availability to meet demands Can be used to classify stock groups
Your Answer Is comparison of % of demand actually satisfied with the defined service Is the time between a replenishment need arising & new deliveries being ready for use Is % probability of stock availability to meet demands Can be used to classify stock groups
Lead time
Inventory service level
ABC Analysis
Select The Blank Question For the good result, supply chain require to be very ________. Correct Answer Transparent Your Answer Transparent
Multiple Choice Single Answer Question The third party logistics companies' capabilities are the result of extensive investment in :Correct Answer Technology Your Answer True/False Question Technology
BACS is a system of electronic payments from user.
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
Multiple Choice Multiple Answer Question The Money block in following forms of inventory is measure of responsiveness of Supply Chain to market demand :Correct Answer Finished Goods , Work in process inventory , Raw Material Your Answer Raw Material , Finished Goods , Work in process inventory
Multiple Choice Single Answer Question The report will examine the potential for the successful implementation of the process into which manufacturing firms? Correct Answer Australian Your Answer Australian
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 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 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 The supply chain management is compared by " Cooper and Ellram" with :Correct Answer Relay Team Your Answer Relay Team
Multiple Choice Single Answer Question The location decision in supply chain entities are concerned with:Correct Answer Plants Your Answer True/False Question Plants
Multiple Choice Multiple Answer Question Which are the SMART goals? Correct Answer Specific , Measurable , Attainable Your Answer Specific , Measurable , Attainable
Question
The information Enriched comprises of:-
Correct Answer Consumer Habits , Habit frequency , Future dispatch fluctuation Your Answer Consumer Habits , Habit frequency , Future dispatch fluctuation

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True/False Question

NFW means Net financial assets in the private sector.

Correct Answer False Your Answer False

Your Answer Material procurement Material Collection Material Follow-up

Correct Answer True Your Answer True

Correct Answer True Your Answer True

Match The Following Question Analytical Solution

Multiple Choice Single Answer

Direct cost increase can be caused by product or process redesign.

Correct Answer True Your Answer True

Multiple Choice Single Answer

The consequence of longer lead time will often be :-

Match The Following Question Planned order release

A two bin system is not appropriate with many stock items.

Correct Answer True Your Answer True

NFW means Net financial assets in the private sector.

Correct Answer False Your Answer True/False Question True

Logistics covers 90% cost of manufacturing.

Correct Answer False

Match The Following Question Towill Forrester Amstel Whiteoak

Correct Answer 1996 1960 1990 1994

Your Answer 1996 1947 1960 1990

Correct Answer True Your Answer True

LIST OF ATTEMPTED QUESTIONS AND ANSWERS True/False Question

Material Follow- Material up and procurement Collection

Quality , Price , Delivery

improving internal operations. Correct Answer False Your Answer False

Multiple Choice Multiple Answer

Multiple Choice Multiple Answer

Multiple Choice Multiple Answer

NFW means Net financial assets in the private sector.

Correct Answer False Your Answer False

Your Answer Material procurement Material Collection Material Follow-up

Correct Answer True Your Answer True

Correct Answer True Your Answer True

Match The Following Question Analytical Solution

Multiple Choice Single Answer

Direct cost increase can be caused by product or process redesign.

Correct Answer True Your Answer True

Multiple Choice Single Answer

What is the meaning of EDIFACT ?

Multiple Choice Single Answer

Match The Following Question

Select The Blank

Correct Answer Indirectly Your Answer True/False Question Indirectly

It would be impossible to find the minimum cost solution manually.

Correct Answer True Your Answer True/False Question False

Correct Answer False Your Answer True

Match The Following Question Modeling approaches are methods

Rough cut methods give guiding policies Network design methods

Retailers are not interested in low stock run.

Correct Answer True Your Answer False

Multiple Choice Multiple Answer Question Realignment of infrastructure includes :-

Correct Answer Components Your Answer Raw Materials

Multiple Choice Single Answer

Correct Answer Implies Your Answer Implies

JIT need to be applied to all stages of process.

Correct Answer True Your Answer True

Correct Answer Andraski Hoeskstra & Romme Sterman Forrester(1960)

Your Answer Poul Jonh Andraski Glazer Forrester(1960)

Match The Following Question Other Unit production cost

Hiring cost Unit inventory holding cost

Multiple Choice Single Answer

Select The Blank