Quiznetik

Supply Chain and Logistics Management | Set 1

1. A supply chain which includes the distribution of finished product and service?

Correct : A. Outbound logistics

2. What additional factor does overall equipment effectiveness take into account which makes it more meaningful than efficiency or utilization?

Correct : A. Flexibility

3. Which of the following is true for supply chain management?

Correct : D. All the above

4. The purpose of supply chain management is

Correct : C. Integrating supply and demand management

5. VMI stands for

Correct : B. Vendor managed inventory

6. The major decision areas in supply chain management are

Correct : A. Location, production, distribution, inventory

7. Logistics is the part of supply chain involved with the forward and reserve flow of

Correct : D. All of these

8. Reserve logistics is required because

Correct : D. All of the above

9. 3-PL stands for

Correct : B. Third party logistics

10. The supply concept originated in what discipline?

Correct : A. Marketing

11. Qualified is defined by the customer is

Correct : B. A user based definition of quality

12. The supply chain management philosophy emerged in..............

Correct : D. 1990’s

13. Positive, long term relationships between supply chain participants refers to

Correct : D. Supply chain management

14. The input to a transformation process include all of the following except

Correct : D. Assembly

15. Zero defects in manufacturing..............

Correct : C. Is the goal of TQM

16. Which of the following is not an area responsibility for a logistic manager

Correct : B. Purchasing

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

Correct : D. Interchangeable parts

18. Which one of the following would not generally be considered as an aspect of operations management?

Correct : B. Secured financial resources

19. Inspection, scarp, and repair are example of

Correct : B. External cost

20. All the following costs are likely to decrease a result of better quality except

Correct : B. Maintenance cost

21. Which came last in the development of manufacturing process

Correct : B. Division of labor

22. Which of the following is not a typical supply chain member?

Correct : D. Customer

23. A supply chain includes the chain of entities involved in the planning, procurement, production and.............. of products and services

Correct : A. Distribution

24. Companies manage their supply chain through..............

Correct : A. Information

25. Lean production involves

Correct : C. Elimination of all types of waste

26. Which of the following is not a factor affecting the supply chain?

Correct : C. Longer product life cycle.

27. TQM refers to

Correct : B. Total quality management

28. …………… includes design and administration of system to control the flow of materials, work in progress and finished inventory to support business unit strategy

Correct : A. Logistics management

29. ………….. and physical distribution are the two major operations of logistics

Correct : B. Material management

30. Buying according to the requirements is called …………..

Correct : B. Hand to mouth buying

31. Getting the right goods to the right location at the right time for the least cost is known as

Correct : B. Market logistics

32. ………….. are meant to store products for moderate to long period of time

Correct : A. Storage warehouses

33. ………….. uses advanced materials handling systems under the direction of a central computer

Correct : C. Automated warehouses

34. …………….. encompasses all activities associated with the flow and transformation of goods from the raw materialstage, through to the end user, as well as the associated information flows.

Correct : B. Supply chain

35. Which of the following is not one of the process in the SCOR model

Correct : A. Sell

36. According to Professor Mentzer and colleages, the supply chain concept originated in what discipline?

Correct : C. Logistics

37. ………….. is the provision of service to customers before, during and after a purchase

Correct : A. Customer service

38. “Kaizen” is a Japanese term meaning

Correct : D. Continuous improvement

39. The most common form of quality control includes:

Correct : C. Inspection

40. When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in a …………..

Correct : B. Value delivery network

41. A supply chain is a sequence of firms that performance activities required

Correct : D. To create and deliver goods to consumers

42. Intermediaries play an important role in matching ………….

Correct : D. Supply & demand

43. Today, a growing number of firms now out source some or all of their logistics to …………… intermediaries

Correct : C. Channel members

44. What technique deal with the problem of supply sufficient facilities to production lines or individuals that require uneven service?

Correct : D. Queing theory

45. A type of logistics costing

Correct : C. Activity costing

46. Supply chain management is increasingly difficult and complex due to:

Correct : A. Increased pace of globalization

47. The time difference between a business ordering and receiving stock is called the

Correct : B. Lead time

48. The business term that involves choosing a supplier, agreeing what to buy at a certain price and by when is called?

Correct : D. Procurement

49. Procurement methods have considerable impact on...............

Correct : B. Inventory level

50. AITS in inventory controls means...............

Correct : B. Automated Inventory Tracking and System

51. Expand SPC

Correct : C. Standard production control

52. Which of the following is not included in the logistic costs?

Correct : D. None of these

53. Which cost element is included in inventory holding?

Correct : D. All of these

54. Which of the following is considered as fixed cost for supply chain costing?

Correct : D. All of these

55. Which of the following is not included in logistics costs?

Correct : D. None of these

56. What refers to the distance to and from a delivery zone?

Correct : B. Stem distance

57. Which logistics net work modeling technique, is often referred to a “rule of thumb”?

Correct : C. Heuristic model

58. Which of the following document is a contract between the owner of goods and carrier (as with domestic shipments)?

Correct : D. Bill of lading

59. What is included in the product segmentation while undertaking supply chain segmentation?

Correct : D. All of these

60. Which phase of supply chain design process, decides on which market will be supplied from which locations?

Correct : B. Supply chain planning

61. Which aggregate planning strategy, involves a stable machine capacity and workforce are maintained with a constant output rate?

Correct : A. Chase strategy

62. Which of the following is not a part of logistics?

Correct : D. Meandering

63. Which of the following transportation modes used for digital products?

Correct : D. Internet

64. Non destructive methods of inspecting and identify goods in transportation systems is called

Correct : B. Cargo scanning

65. The word ‘logistics’ is derived from the French word …………..

Correct : B. Logger

66. Logistics is typically considered as a subset of ……………

Correct : B. Supply chain management

67. CPFR stands for

Correct : D. Collaborative Planning Forecasting and Replenishment

68. 4PL stands for

Correct : A. Fourth Party Logistic Provider

69. Integrated logistics systems included

Correct : C. Physical distribution supported by information technology

70. A supply chain is made up of a series of process that involve an input, a ………….., and an output

Correct : D. Transformation

71. “3PL”involves using a supplier to provide …………….service

Correct : C. Logistics

72. ………….. is a tool to chart how individual process are currently be conducted and to help lay out to new improve process

Correct : A. Process mapping

73. …………..are the products that emerge when new products arrive to replace old products

Correct : B. Replacement products

74. ………… was the first kind of packaging Materials used in the history

Correct : A. Basket

75. Which of the following is not an input into logistics

Correct : B. Competitive advantage

76. …………. is referred as professional working in the field of logistics management?

Correct : C. Logistician

77. What is the primary objective for material management?

Correct : B. Maintaining good supplier and customer relationship

78. Which of the following is not a function of wholesaler?

Correct : D. None of these

79. The length of time for which sellers extend credit terms to buyers is known as ………….

Correct : B. Dating

80. Where production logistics is primarily applied?

Correct : A. Manufacturing plants

81. …………describesthe process of logistics within the industry

Correct : B. Production logistics

82. …………. Is referred as a professional working in the field of logistic management?

Correct : C. Logistician

83. A systematic process for originating, developing and evaluating new product ideas is known as ………….

Correct : B. Product planning & development

84. …………. refers to the process of having the right item in the right quantity at the right time at the right place for the right condition to the right customers

Correct : D. None of these

85. It has been believed that the concept of the logistics originated from the …………..

Correct : B. Military

86. What is the primary function of a logistician

Correct : A. Inventory management

87. Which of the following is an output of logistics

Correct : C. Competitive advantage

88. A company’s channel decisions directly affect every ……………

Correct : A. Marketing decision

89. What does ROP expands to

Correct : C. Reorder-Point

90. The objectives of logistics is

Correct : D. All of these

91. To reduce inventory management costs , many companies use a system called ………….. , which involves carrying only small inventories of parts or merchandise , often only enough for a few days of operation

Correct : D. Just in time logistics

92. In a supply chain, material flows in one direction while ………….. from in both direction

Correct : B. Information

93. Today, a growing number of firms now out source some or all of there logistics to ……………. Intermediaries

Correct : B. Third party logistics providers

94. What are the two basic type of the production system?

Correct : B. Intermittent & non –intermittent process

95. Efficiency is defined by

Correct : D. Actual output divided by effective capacity

96. A big advantage of process layout is

Correct : D. It is a high equipment utilization

97. Selecting suppliers and purchasing item is called …………..

Correct : B. Procurement

98. The purpose of supply chain management is…………….

Correct : A. provide customer satisfaction

99. Logistics is the part of supply chain involved with the forward and reverse flow of

Correct : D. all of the above

100. The major decision areas in supply chain management are

Correct : A. planning, production ,distribution, inventory