Supply Chain Management - 21

LIST OF ATTEMPTED QUESTIONS
AND ANSWERS
True/False
Question The total cost in minimal cost
strategy is £ 63400.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Poka-yoke Means foolproof
machines &
method, so as
to prevent
production
mistake
Means foolproof
machines &
method, so as to
prevent
production
mistake
Andon Means trouble
lights which
immediately
signals to
production line
that there is a
problem to be
solved
Means trouble
lights which
immediately
signals to
production line
that there is a
problem to be
solved
Jikoda Enabling
machines to be
autonomous &
able to
automatically
detect defects
Enabling
machines to be
autonomous &
able to
automatically
detect defects
Shojinka Means a
workforce
flexible enough
to cope with
changes in
production &
using different
machines
Means a
workforce
flexible enough
to cope with
changes in
production &
using different
machines
Multiple Choice Single Answer
Question As per the cost information, the
lot for lot rule can be derived for
which particular item?
Correct Answer Least costly
Your Answer Economic one
Match The Following
Question Correct Answer Your Answer
Order
Processing
Material Followup
Material
Processing and
Supply
Order Picking Material
Collection
Material Followup
and
Collection
Order
Consolidation
Material Followup
and
Collection
Material
procurement
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 Detailed
True/False
Question Inventory Turns means turns
over per year for inventory
procurement.
Correct Answer True
Your Answer True
True/False
Question A two bin system is not
appropriate with many stock
items.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question Key indicators on which
Japanese concentrate their
efforts on continuous
improvement Kaizen are :-
Correct Answer Quality , Price , Delivery
Your Answer Quality , Price , Delivery
Multiple Choice Multiple Answer
Question The category of forecasting are :-
Correct Answer Short Term , Medium Term ,
Long Term
Your Answer Short Term , Medium Term ,
Long Term
True/False
Question ODETTE is not applicable for
automobile industry.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question The location decision in supply
chain entities are concerned
with:-
Correct Answer Plants
Your Answer Transportation
Multiple Choice Single Answer
Question An example of multiple equation
method given in an economic
model is the treasury model of
which economy?
Correct Answer UK
Your Answer UK
True/False
Question For a fixed time re-order cycle
system, the time at risk is reorder
lead time plus the re-order
cycle time.
Correct Answer True
Your Answer True
True/False
Question By going beyond internal supply
chain & including external
suppliers and customers does
not expose opportunities for
improving internal operations.
Correct Answer False
Your Answer False
Select The Blank
Question One of the ideas behind JIT is to
reduce fixed setup cost &
variable holding cost to
________ total cost
Correct Answer Drive down
Your Answer Reduce
Multiple Choice Single Answer
Question In 1996, the purchase of logistics
services by 3PL on behalf of their
client in billion dollars was :-
Correct Answer 25
Your Answer 25
Multiple Choice Multiple Answer
Question Implementing JIT system is a
task that can't be undertaken
lightly, it will be expensive in
terms of :-
Correct Answer Management & effort , Initial
implementation , The continuing
effort to run the system
Your Answer Management & effort , Initial
implementation , The continuing
effort to run the system
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 The third party providers who can
________ the need of transition
from their focus on product
oriented services to new
strategies like long term business
partnerships will most likely enjoy
long term success.
Correct Answer Meet
Your Answer Arrange
True/False
Question In practice, the data items for
MPS will have normally same
value in each week.
Correct Answer False
Your Answer True
Select The Blank
Question The overtime cost per hour is
________ in minimal cost
strategy.
Correct Answer £ 25
Your Answer £ 25
Multiple Choice Single Answer
Question The levels at which long term
decisions are made is :-
Correct Answer Strategic
Your Answer Strategic
True/False
Question MRP package can be used to
examine, meeting the
predetermined production
schedule for chairs.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question What is Supply Chain?
Correct Answer Network of Facility & Distribution
Your Answer Network of Facility & Distribution
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
Multiple Choice Single Answer
Question Marketing, Distribution, planning
and Manufacturing along the
supply chain operate :-
Correct Answer Independently
Your Answer Independently
Multiple Choice Single Answer
Question In the supply chain , Material
flows :-
Correct Answer Downstream
Your Answer Downstream
Multiple Choice Multiple Answer
Question The MRP output consists of :-
Correct Answer Scheduled receipt , Projected net
required , Planned order Release
, Projected sales
Your Answer Scheduled receipt , Projected net
required , Planned order Release
, Projected sales
Multiple Choice Multiple Answer
Question Risk a stock out can be faced
because of :-
Correct Answer Delay in resupply , Higher than
anticipated usage , Unpredictable
demand
Your Answer Delay in resupply , Higher than
anticipated usage , Unpredictable
demand
Select The Blank
Question The cheapest solution is to
simply ________ backorders to
built up over the planning period.
Correct Answer Allow
Your Answer Let
Multiple Choice Single Answer
Question In the field of IT enabled Supply
Chain, "TPS" means:-
Correct Answer Transaction Processing system
Your Answer Transaction Processing system
Multiple Choice Single Answer
Question How does aggregate plan
created by master production
schedule become extremely
detailed plan?
Correct Answer MRP translates it
Your Answer MRP translates it
Multiple Choice Multiple Answer
Question In the Japanese concept of total
productivity, for output they
embrace :-
Correct Answer Quantity , Quality , Delivery
Your Answer Quantity , Quality , Delivery
Select The Blank
Question By being able to postpone the
production to the point where
________ is better known, the
company can greatly improve its
forecasting abilities.
Correct Answer Demand
Your Answer Needs
Select The Blank
Question Category C items are relatively
unimportant inventory items &
are responsible for ________%
of inventory cost.
Correct Answer 5
Your Answer 5
Multiple Choice Multiple Answer
Question The inventory control systems
are :-
Correct Answer Two bin , Re-order cycle , Annual
demand
Your Answer Two bin , Re-order cycle ,
Monthly demand
Multiple Choice Single Answer
Question How many levels the supply
chain management is divided into
?
Correct Answer Three
Your Answer Three
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
True/False
Question General Co-ordination is the
integration of different function,
i.e. production planning,
purchasing, sales and
distribution.
Correct Answer True
Your Answer False
Multiple Choice Single Answer
Question Which is the tool Available with
the industry to learn the business
outside to plan the policy for
success?
Correct Answer Benchmarking
Your Answer TQM
Multiple Choice Single Answer
Question In the Supply Chain approach the
example for the Individual set of
Business activities is the :-
Correct Answer Logistics Activities
Your Answer Logistics Activities
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 Operation
Multiple Choice Single Answer
Question While still maintaining high
service level, the objective of
supply chain manager for
inventory is to :-
Correct Answer Decrease it
Your Answer Make Zero
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 ODETTE an EDI Format is
developed & used by
________motor Industry.
Correct Answer European
Your Answer European
True/False
Question The measures suggested by
Balloy have limited application,
mainly at the strategic rather that
operational level.
Correct Answer False
Your Answer False
Multiple Choice Multiple Answer
Question The factors likely to generate
future business are :-
Correct Answer Integrated Logistics Function ,
Expertise In Information System
Your Answer Integrated Logistics Function ,
Expertise In Information System ,
Specialized Logistics Function