Supply Chain Management - 22

True/False
Question NFW means Net financial assets in the private sector.
Correct Answer False
Your Answer False
Select The Blank
Question The strength of postponement lies in its wide ________ as speed becomes
more important capability.
Correct Answer Applicability
Your Answer Applicability
Select The Blank
Question BOMs are structural ________ that changes relatively infrequently.
Correct Answer Information
Your Answer Details
Select The Blank
Question Customer order promised cycle time is gap between the purchase order
creation and ________.
Correct Answer Requested delivery date
Your Answer Goods received
True/False
Question There are no international EDI standards. The user organization require to
develop it for their operation only.
Correct Answer False
Your Answer True
Match The Following
Question Correct Answer Your Answer
Order Processing Material Follow-up Material procurement
Order Picking Material Collection Material Collection
Order Consolidation Material Follow-up and
Collection
Material Follow-up
True/False
Question Orders must be phased out in time so as to ensure that there is no stock out.
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question The pitfalls in inventory management can be avoided by using :-
Correct Answer Agent Based management , Information System , Globalization
Your Answer Agent Based management , Information System , Globalization , Localization
True/False
Question Inventory Turns means turns over per year for inventory procurement.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Analytical Solution Is the possibility of using
mathematical methods to
obtain exact information on
question of interest.
Is the tool for understanding
issues of organizational
decision making.
Modeling Is the process by which we try
to gain the understanding of
how the corresponding system
behaves.
Is the possibility of using
mathematical methods to
obtain exact information on
question of interest.
Simulation Is the tool for understanding
issues of organizational
decision making.
Is the process by which we try
to gain the understanding of
how the corresponding system
behaves.
System Is the facility or process of
interest.
Is the tool used test the impact
of strategic level decision have
on supply chain performance.
Select The Blank
Question The Function for EDI software is message tracking and ________.
Correct Answer Audit Trail
Your Answer Audit Trail
Multiple Choice Multiple Answer
Question The realignment of processing includes :-
Correct Answer Order taking , Purchasing , Manufacturing
Your Answer Order taking , Purchasing , Manufacturing , Distribution
True/False
Question The corporations production Kanban is the card which regulates the
suppliers production kanban.
Correct Answer False
Your Answer True
Select The Blank
Question The exponenti________y smoothed moving average takes into account All
of the previous observations.
Correct Answer All
Your Answer Majority
Select The Blank
Question Periodic stock checks to count the stock physically enable the store to feed
in ________ figures to reconcile physical stock against book stock.
Correct Answer Adjustment
Your Answer Adjustment
Multiple Choice Multiple Answer
Question The assumptions in the example of MPS are :-
Correct Answer Two employee hours per job , Initial Number of employee is ten , Initial
Inventory is Zero
Your Answer Two employee hours per job , Initial Number of employee is ten , Initial
Inventory is Zero , Planning Period is 6 weeks
Multiple Choice Single Answer
Question SCM is the management philosophy to deal with integrated material &
information flow, right from raw material to consumption of finished goods but
the focus is given to :-
Correct Answer End User
Your Answer End User
Multiple Choice Single Answer
Question Initially the candidates for outsourcing were companies that needed to
reduce their :-
Correct Answer Assets
Your Answer Non Core Activities
Select The Blank
Question The cheapest solution is to simply ________ backorders to built up over the
planning period.
Correct Answer Allow
Your Answer Disallow
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 The box jenkins method requires forecasters to :-
Correct Answer Use their experience , Use their expert judgment , Use their Knowledge
Your Answer To make judgments , Use their experience , Use their expert judgment , Use
their Knowledge
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 ,
Physical inventory
Multiple Choice Single Answer
Question In order to avoid a stock in a specified period, the quantity required to be
ordered is :-
Correct Answer 135
Your Answer 150
Multiple Choice Single Answer
Question Which employees will have to learn to manage shorter deadline along with
order taking employees?
Correct Answer Purchasing
Your Answer Logistics
True/False
Question All movements throughout the factory is controlled by Kanbans, and since
the Kanbans specify item precisely, no defects can be tolerated.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question In the customization of highly customized product which step has most
significant impact?
Correct Answer Production
Your Answer Design
Multiple Choice Single Answer
Question In the Stage of Technological Development for IT enabled Supply Chain
following thing is very important :-
Correct Answer MRP-I, MRP-II, ERP
Your Answer MRP-I, MRP-II, ERP
True/False
Question The constant m is called smoothing constant in single exponentially
smoothing.
Correct Answer True
Your Answer True
Select The Blank
Question The retailers undertake Pareto Analysis routinely to ________ turnover of
item.
Correct Answer Compare
Your Answer Predict
Select The Blank
Question A further development of ________ performance measures is that a matrix
of indicators can be formulated to relate main process of Logistics to the
major long term goals.
Correct Answer Logistics
Your Answer Distribution
True/False
Question Direct cost increase can be caused by product or process redesign.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question By arranging raw material deliveries at the start of day for one day's
requirement, JIT has :
Correct Answer Reduced / eliminated inventory
Your Answer Reduced / eliminated inventory
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
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
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 , EDBMS
Multiple Choice Multiple Answer
Question EDIFACT is :-
Correct Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,
Promoted as world ADI Standard
Your Answer Standard in Europe in Mid 80's , Accepted by US(ANSI) to supersede X 12 ,
Promoted as world ADI Standard , Analog system
Select The Blank
Question The four key figures of logistics strategic environment are competition,
market served, technology and ________ satisfaction
Correct Answer Stake holder's
Your Answer Customer's
True/False
Question Total productivity appears the only relevant productivity measure for decision
making purpose.
Correct Answer True
Your Answer False
Multiple Choice Multiple Answer
Question The treasury equation refers to predict customer spending will look at the
factors like :-
Correct Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index
Your Answer Consumer Non Durable Spending , Unemployment Rate , Inflation Index ,
Availability of products
Multiple Choice Single Answer
Question The upper quartile answer of the experts for automatic rapid transport was
widespread by which year?
Correct Answer 1985
Your Answer 1980
Multiple Choice Single Answer
Question What is the technique in which, a body of experts are hired to arrive at
opinion about the future?
Correct Answer Delphi
Your Answer Delphi
Multiple Choice Single Answer
Question What adds to service cost in central heating installation company if a filter
has to drive to and obtain a minor part?
Correct Answer Queue at supplier end
Your Answer Delay in getting components
Multiple Choice Multiple Answer
Question The various basic logistics productivity ratios can be used to control
elements such as :-
Correct Answer Warehousing , Transportation , Customer Service
Your Answer Warehousing , Transportation , Customer Service , Procurement
Select The Blank
Question It is often important to conduct ________ analysis in MRP.
Correct Answer What-if
Your Answer What-if
Multiple Choice Single Answer
Question What can a company improve by being able to postpone the production in its
existing business?
Correct Answer Performance
Your Answer Profitability
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 , Effectiveness
Multiple Choice Multiple Answer
Question In 1990, General Motor had approximately :-
Correct Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of
shipment
Your Answer 1770 suppliers , 31 Assemble parts , 30 million metric tonnes per day of
shipment , 10000 parts shipped per day
Multiple Choice Single Answer
Question What is the meaning of EDIFACT ?
Correct Answer Electronic Data Interchanged for Administration , Commerce &
Transport
Your Answer Electronic Data Interchanged for Administration , Corporate
Technology