Quiznetik

Logistic Supply and Chain Management | Set 1

1. Which of the following is not an area to responsibilities for a logistics manager?

Correct : B. Marketing

2. DRP stands for

Correct : A. distribution requirement planning

3. Which of the following is not a component of 4 PL?

Correct : B. resource providers

4. ……………….includes design and administration of systems to control the flow of materials, WIP and finished inventory to support business unit strategy.

Correct : A. Logistics Management

5. …………is the time that elapses between issuing replenishment order and receiving the material in stores.

Correct : B. Lead time

6. In Railway transportation the ownership in with…………….

Correct : D. Government

7. ……………..is a part of development of facility structures.

Correct : B. Warehousing

8. The first thing that the consumer will notice about the product is the …………. Of the product.

Correct : B. Packaging

9. …………….. concept is similar to the concept of unitization and has the similar objective of space reduction

Correct : B. Cube Minimization

10. The objective of performance measure is to achieve a ……………

Correct : C. Perfect order

11. RO-RO concept means:…………

Correct : D. Roll on- Roll off

12. The sequence of a typical manufacturing supply chain is

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

13. The purpose of supply chain management is

Correct : C. integrating supply and demand management

14. …………..refers to supply chain practices that strive to reduce energy and environmental footprints in terms of freight distribution.

Correct : B. Green Logistics

15. …………..involves streamlining the distribution process in terms of physical and information efficiency.

Correct : B. Channel Integration

16. ……………is the task of buying goods of right quality, in the right quantities, at the right time and at the right price.

Correct : D. Purchasing

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

Correct : A. Customer Service

18. …………..is a function of re-arranging and re- packing as per individual orders.

Correct : C. Cross Docking

19. Break-Bulk warehouse performs ………function.

Correct : C. Sorting

20. The term ………….refers to any idle resources that can be put to some future use.

Correct : A. Inventory

21. ………………is related with a single manufacturing location, not multiple manufacturing centres.

Correct : D. Decoupling

22. Properly designed …………..helps in reducing total logistical cost.

Correct : D. Logistical network

23. ……………is a kind of distribution strategy.

Correct : C. Milk Run

24. VMI stands for

Correct : B. Vendor managed inventory

25. The major decision areas in supply chain management are

Correct : A. location, production, distribution, inventory

26. ………….is concerned with a firm’s ability to satisfy customer’s requirement in timely manner.

Correct : D. Rapid Responses

27. The purpose of ……….is to arrive at a realistic projection of demand patters across different market and for different product lines.

Correct : A. Demand forecasting

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

Correct : D. Hand to mouth buying

29. Following is not type of Piggy-Back……………..

Correct : A. LASH

30. Special purpose material handling equipment are used in ………….

Correct : A. Line layout

31. The ………….system should be designed after analysing the needs for the organization.

Correct : C. Material handling

32. EOQ is that order quantity which result in …………total inventory cost.

Correct : B. Minimum

33. Re-order level depends upon two factors, lead time and ……….

Correct : D. Safety stock

34. ………….is the invisible element in the system which is the facilitator of other function.

Correct : A. Information

35. ……………is developed to identify marketing and financial objectives of the firm.

Correct : B. Strategy

36. ………..is most suitable for remote and hilly areas.

Correct : A. Road transport

37. …………is the fastest mode of transport.

Correct : A. Road transport

38. When air transport is used in combination with road or rail transport, it is called……….

Correct : C. Birdy back

39. ………….means using land transport i.e. rail or road transport to connect two separate water transport.

Correct : D. Land bridge

40. …………are used for vertical movement of materials, generally from one floor to another.

Correct : C. Elevators

41. ………..can move carton loads or pallet loads horizontally or vertically.

Correct : D. Forklift trucks

42. Customer service create time and ………. utility for the customer.

Correct : C. place

43. …….. represent the frequency of satisfying customer order in given span of time.

Correct : B. fill rate

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

Correct : B. demand & supply

45. …………analysis, parameters for classification of inventory is unit price of material.

Correct : C. HML Analysis

46. In ……….analysis, classification parameter is nature of source of supply.

Correct : D. GOLF

47. Market logistics planning has ________ steps.

Correct : A. Three

48. Which of the following is not included in logistics process.

Correct : D. gathering customer ideas for new product

49. 3-PL stands for

Correct : B. Third party logistics

50. Which of the following is not a part of supply chain management system?

Correct : D. Competitor

51. The ………….component is long range general movement in periodic sales over sufficient long period of time.

Correct : D. Trend

52. The ……………. Forecasting approach is a decentralized approach.

Correct : D. Bottom up

53. ……………….is the process of planning implementation and control of transportation services to achieve organization goals.

Correct : B. Transportation Management

54. Transportation serves as a ……………. During the movement of product.

Correct : A. In-transit storage

55. The………… type of material handling system is the simplest and cheapest form of material handling system.

Correct : A. Manual system

56. Conveyor belt facilitate continuous movement of material over a ………. Route.

Correct : A. Fixed

57. A………is a set of customer service goals which are to be achieved within a specific combination or mix of products and customer segment.

Correct : A. Mission

58. ABC focuses on…………..activities.

Correct : B. Individual

59. …………….is the method of sorting, transporting and distributing products in unitized or standardized form in a container.

Correct : C. Containerization

60. …………..occurs when a company retains another business to perform some of its work activities.

Correct : A. Outsourcing

61. ……………..is the most economical mode of transportation.

Correct : A. Road transport

62. ………….is the most suitable for transportation of fluids.

Correct : D. Pipeline

63. ………….cost is one-time costs.

Correct : A. Fixed

64. ………….cost is directly proportional to the volume of activity.

Correct : B. Variable

65. ………….comprises of raw materials, components, and fuels, etc. which are required to facilitate manufacturing operations.

Correct : A. Raw material inventory

66. ………… is not the type of inventory based on inventory position in the supply chain.

Correct : D. Customer

67. The objective of outbound supply chain is to make the product available to the………

Correct : A. Customer

68. Supply chain management has its own origin in operation of …….. Enterprise.

Correct : A. Business

69. Which one of the following is not the qualitative technique of forecasting?

Correct : D. Casual method

70. In……….analysis, the parameters of classification is whether seasonal or non-seasonal materials.

Correct : A. SOS

71. ………….is related with checking whether the goals and objectives formulated earlier have been achieved or not.

Correct : C. Goal achievement

72. _______ are meant to store products for moderate to long period of time.

Correct : A. Storage warehouses

73. The goal of logistics is

Correct : D. All of the above.

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

Correct : A. Distribution.

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

Correct : C. Price.

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

Correct : D. Cost reduction.

77. The concept of logistics has been systematically divided into

Correct : A. 2 phases.

78. Michael porter explained the concept of

Correct : C. Competitive advantage.

79. EDI stands for

Correct : B. Electronic Data Interchange.

80. EOQ stands for

Correct : B. Economic Order Quantity

81. Packaging performs two functions. and logistics.

Correct : D. Marketing.

82. Form utility is created by

Correct : A. Operation function.

83. Place utility is created by

Correct : B. Logistics function.

84. Time utility is created by

Correct : D. Distribution function.

85. MRP standsfor

Correct : A. Material requirement planning.

86. MPS stands for

Correct : B. Master production schedule.

87. Master planning in the planning hierarchy

Correct : A. determines the direction of business.

88. Master scheduling is the process that

Correct : B. creates the capacity.

89. Customer order processing level isthat

Correct : D. provides specification for manufacturing.

90. Master planning deals with

Correct : C. supplier interface.

91. The service mission of logistics

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

92. Firm infrastructure is

Correct : A. a support activity.

93. Inbound and outbound logistics is

Correct : B. a primary activity.

94. HRM is in the generic value chain of logistics.

Correct : C. not an activity.

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

Correct : B. a primary activity.

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

Correct : D. cost and value advantage.

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

Correct : A. right response.

98. 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.

99. 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.

100. Just in time is a practice followed in

Correct : A. Japan.