Supply Chain Management - 15

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.
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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
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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
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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
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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