Quiznetik

Supply Chain Management | Set 2

1. The goal of logistics is

Correct : D. all of the above.

2. In the product life cycle, the emphasis in marketing mix during growth stage is

Correct : A. distribution.

3. In the product life cycle, the emphasis in marketing mix during maturity stage is

Correct : C. price.

4. In the product life cycle, the emphasis in marketing mix during decline stage is

Correct : D. cost reduction.

5. The concept of logistics has been systematically divided into

Correct : A. 2 phases.

6. Michael porter explained the concept of

Correct : C. competitive advantage.

7. EDI stands for

Correct : B. electronic data interchange.

8. EOQ stands for

Correct : B. economic order quantity

9. Packaging performs two functions. ___________ and logistics.

Correct : D. marketing.

10. Form utility is created by

Correct : A. operation function.

11. Place utility is created by

Correct : B. logistics function.

12. Time utility is created by

Correct : D. distribution function.

13. MRP stands for

Correct : A. material requirement planning.

14. MPS stands for

Correct : B. master production schedule.

15. Master planning in the planning hierarchy

Correct : A. determines the direction of business.

16. Master scheduling is the process that

Correct : B. creates the capacity.

17. Customer order processing level is that

Correct : D. provides specification for manufacturing.

18. Master planning deals with

Correct : C. supplier interface.

19. The service mission of logistics

Correct : D. reflects the ability of firm to exploit market.

20. Firm infrastructure is __________ in the generic value chain of logistics

Correct : A. a support activity.

21. Inbound and outbound logistics is _________ in the generic value chain of logistics.

Correct : B. a primary activity.

22. HRM is _________ in the generic value chain of logistics.

Correct : C. not an activity.

23. Marketing and sales is ___________ in the generic value chain of logistics.

Correct : B. a primary activity.

24. Competitive advantage can be created and achieved by logistics managers by

Correct : D. cost and value advantage.

25. Real time communication of information regarding requirements and availability of logistics service is the core of

Correct : A. right response.

26. The maintenance of a minimum possible level of inventory required for a desired level of customer service is the objective of

Correct : C. right quantity.

27. The logistical objective that ensures a proper balance between total logistics cost and a desired level of customer service performance is

Correct : C. right cost trade off.

28. Just in time is a practice followed in

Correct : A. japan.

29. The term which covers the operation of shifting the cargo to or from the vessel is

Correct : B. slinging.

30. The term used for loading or unloading of heavy cargo is

Correct : B. carnage.

31. The term used for carriage of goods when points of origin and destination are both within the sovereignty of UK is

Correct : D. cabotage.

32. The delivery of a damaged product has

Correct : B. a decrease in its value.

33. The flow of work in process is

Correct : C. between the various production sub-system.

34. The flow of information that facilitates co-ordination activities is

Correct : B. backward information flow.

35. Unreliability of vendors leads to

Correct : D. supply uncertainty.

36. The internal process leads to

Correct : B. process uncertainty.

37. The uncertainty that could be reduced through forecasting techniques is

Correct : C. demand uncertainty.

38. The number of stages that the goods and services flow through

Correct : A. add to the complexity of scm.

39. The business activity of farming out identified non-core activities to external agencies is

Correct : C. outsourcing.

40. The warehousing function that combines the logistical flow of several small shipments to a specific market area is

Correct : D. consolidation function.

41. An appropriate strategy to achieve timely, accurate, paperless information flow is:

Correct : C. revision of organization processes supported by information systems.

42. An appropriate strategy to maximize efficiency of promotions is:

Correct : C. integrate this activity into all supply chain planning.

43. An appropriate strategy to optimize for time and cost in the ordering process is:

Correct : D. efficient replacement.

44. An appropriate strategy to optimize the productivity of retail space and inventory is:

Correct : A. efficient store assortments.

45. The upstream supply chain is:

Correct : B. involved with procurement of material from suppliers.

46. The downstream supply chain is:

Correct : C. the distribution of products or delivery of services to customers.

47. The correct sequence of an organizations supply chain from a systems perspective is:

Correct : C. acquisition of resources, transformation process, delivery to customers.

48. ______ offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle.

Correct : D. disintermediation

49. Supply chain management control or link the production to.........

Correct : B. Distribution

50. Moving goods from suppliers to the production unit is called as......

Correct : B. Upstream

51. Moving goods from producer to the distributor is called as........

Correct : A. Downstream

52. Different machineries are used for material handling......

Correct : A. Yes

53. Handling material in the organisation within the production process is part of......

Correct : C. supply chain management

54. SCM should follow.......,,, method for working

Correct : C. standardized

55. SCM always strive for to give.......... Time for the material handling

Correct : B. Minimum

56. A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows.

Correct : B. supply chain

57. Which one of the following is not a typical question dealt with by an operations managers?

Correct : D. All are typical of operations decisions.

58. Which of the following are not key attributes of supply chain management?

Correct : D. all are key attributes

59. Positive, long-term relationships between supply chain participants refer to:

Correct : C. Partnerships

60. Which of the following statements is true of LEAN?

Correct : D. Lean principles include reducing waste.

61. According to the manufacturing-based definition of quality

Correct : D. Quality is the degree to which a specific product conforms to standards

62. Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of:

Correct : B. Supply chain collaboration

63. Total Quality Management emphasizes

Correct : A. The responsibility of the Quality Control staff to identify and solve all qualityrelated problems

64. "Kaizen" is a Japanese term meaning

Correct : D. Continuous Improvement

65. Among the tools of TQM, the tool ordinarily used to aid in understanding the sequence of events through which a product travels is a…

Correct : B. Flow chart

66. The inputs to a transformation process include all of the following except

Correct : B. People

67. Which came last in the development of manufacturing techniques?

Correct : A. Lean production.

68. When suppliers, distributors, and customers partner with each other to improve the performance of the entire system, they are participating in a ________

Correct : C. Supply Chain

69. Which of the following is not an area of responsibility for a logistics manager?

Correct : B. Purchasing

70. In a SC, Material flows in one direction while _________from in both direction

Correct : B. Information

71. does not add value to the final product?

Correct : C. Continuous processes.

72. A supply chain is a sequence of firms that perform activities required:

Correct : D. to create and deliver goods to consumers

73. Today, a growing number of firms now outsource some or all of their logistics to ________ intermediaries

Correct : B. Third Party Logistics (3PL) Providers

74. What are the two basic types of production systems?

Correct : C. Normal and continuous process

75. What type of process would a paper mill be most likely to use?

Correct : A. Continuous flow

76. Which of the following is true?

Correct : B. Value is what consumers are prepared to pay.

77. Efficiency is defined by

Correct : D. Actual output divided by effective capacity.

78. As production systems move from projects to batch production to mass production to continuous production

Correct : D. Demand volumes decrease

79. A big advantage of a process layout is

Correct : A. Its flexibility

80. Which of the following is an implication of low variety?

Correct : D. Matching customers specific needs

81. Operations typically differ in terms of volume of output, variety of output, variation in demand or the degree of ‘visibility’ (ie, customer contact) that they give to customers of the delivery process. Please match the following element with the most appropriate of the above dimensions. Low unit costs are most closely matched to:-

Correct : D. Visibility

82. In a process flow chart transportation is depicted by _________?

Correct : D. An arrow

83. In a process flow chart storage of information is depicted by ________?

Correct : B. A square

84. A useful process improvement tool to search for the root cause of a problem is the ___________ process?

Correct : D. 6 Wheres

85. A quality criterion which can be measured is called a ___________?

Correct : C. Quality attribute

86. Which of these is a quality variable for a motor car?

Correct : A. Comfort of the seating

87. In a materials processing operation the design capacity is defined as _____________?

Correct : A. The Minimum Output Per Given Time.

88. Having a 'happy hour' in a pub or restaurant is an example of which type of capacity management?

Correct : D. A yield management strategy

89. A sequence of business and information links is called a ________?

Correct : D. Supply chain

90. Selecting suppliers and purchasing items is called ____?

Correct : B. Procurement

91. Question2 The sequence of a typical manufacturing supply chain is

Correct : B. Supplier–Storage-manufacturing–storage–distributor–retailer–customer

92. In the product life cycle, the emphasis in marketing mix during maturity stage is

Correct : C. Price.

93. In the product life cycle, the emphasis in marketing mix during decline stage is

Correct : D. Cost reduction.

94. The concept of logistics has been systematically divided into

Correct : A. 2 phases.

95. Michael porter explained the concept of

Correct : C. Competitive advantage.

96. EDI stands for

Correct : B. Electronic Data Interchange.

97. EOQ stands for

Correct : B. Economic Order Quantity

98. Packaging performs two functions. ___________ and logistics.

Correct : D. Marketing.

99. Form utility is created by

Correct : A. Operation function.

100. Place utility is created by

Correct : B. Logistics function.