Supply Chain Management - 20

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 Measurement , Evaluation , Planning
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 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 Correct Answer Your Answer
Planned order release When we need to release
the planned orders having
regard to lead time
required
What we will receive each
period as a result of
planned orders
Projected on hand What the inventory level
will be if we produce
according to plan above &
demand forecast is correct
What we will each period
as a receive of purchased
orders
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
When we need to release
the planned orders having
regard to lead time
required
Planned order receipt What we will receive each
period as a result of
planned orders
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
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 Market
True/False
Question A two bin system is not appropriate with many stock items.
Correct Answer True
Your Answer True
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 Placing an order
True/False
Question Another aspect of Toyoto production system was reduction of
setup time.
Correct Answer True
Your Answer True
True/False
Question If you use only Transport Kanban in Kanban process then it is
known as simple Kanban process.
Correct Answer True
Your Answer True
True/False
Question NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer True
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 Single Answer
Question Which of the following is the cost in the supply contract?
Correct Answer Researching & negotiating
Your Answer Researching & negotiating
True/False
Question 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 Correct Answer Your Answer
Towill 1996 1996
Forrester 1960 1947
Amstel 1990 1960
Whiteoak 1994 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.
Correct Answer True
Your Answer True
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 Quantity was not met
True/False
Question 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