Supply Chain Management - 23

Select The Blank
Question Suppliers agree to give customer ________ plans to cope with
disruption.
Correct Answer Contingency
Your Answer Improvement
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 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
Multiple Choice Single Answer
Question What is required to facilitate logistics process of quickly moving
material on numerous work stations on the production line?
Correct Answer Clean & well organized environment
Your Answer Good material movement system
Select The Blank
Question Once we have all the information we should be able to ________ in
terms of when to place order with suppliers.
Correct Answer Calculate
Your Answer Prepare
Multiple Choice Single Answer
Question The cost of oversupply is high in case of highly customized end
products as it is difficult to find for them:-
Correct Answer The alternative uses
Your Answer The alternative suppliers
Multiple Choice Single Answer
Question The American National standards which are developed for replacing
various sector standards is known as:-
Correct Answer ANSI X 12
Your Answer ANSI X 12
Multiple Choice Multiple Answer
Question The implications of introducing consolidation centre were :-
Correct Answer How many centers to have? , Location of centres , Size of centres
Your Answer Location of centres , Size of centres , To which GM plant centres will
send?
Match The Following
Question Correct Answer Your Answer
The impact of postponement
of coloration until the
customer uses the product
Significant value was
created in value chain &
manufacturing cost & safety
stock both decreased
Carry out more variety
without increasing inventory
The impact of postponement
in case of PC company
Inventory was cut to half Carry out more variety by
slightly increasing inventory
The impact of postponement
of customization of printer to
DC areas
Decrease in inventory made
up for the increased cost in
creating some assembly
function at DC level
Decrease in inventory made
up for the increased cost in
creating some assembly
function at DC level
The impact of postponement
in RPAG
Carry out more variety
without increasing inventory
Significant value was created
in value chain & safety stock
also decreases partially
Multiple Choice Single Answer
Question In a traditional informational pipeline supply chain player always
received order information from :-
Correct Answer Consumer
Your Answer Distributor
Multiple Choice Single Answer
Question The term productivity is often ill-defined but basically, it's measurement
is that of a prescribed output to the resources :-
Correct Answer Consumed
Your Answer Used
Multiple Choice Single Answer
Question In the supply chain , Material flows :-
Correct Answer Downstream
Your Answer Downstream
True/False
Question The estimate is that the 3 PL industry will quadruple its size in next five
years.
Correct Answer False
Your Answer False
Multiple Choice Single Answer
Question In the current business scenario Indian organisations require to
improve customer service to become perfect in :-
Correct Answer Customer centric process
Your Answer Business Analysis
True/False
Question In an ideal world we would like a forecasting method for which all
errors are near zero.
Correct Answer False
Your Answer True
Select The Blank
Question Simple method for Time series forecasting is to take a ________
Average.
Correct Answer Moving
Your Answer Non Weighted Moving
Multiple Choice Multiple Answer
Question The globalization has forced local companies to improve following:-
Correct Answer Manufacturing Practices , Supply Chain Management , Inventory
Levels and Distribution Capabilities
Your Answer Distribution Network , Supply Chain Management , Inventory Levels
and Distribution Capabilities
Select The Blank
Question According to Ducker, Customer focus oriented logistics must be treated
as ________.
Correct Answer Cost saving centre
Your Answer Policy Matter
Multiple Choice Multiple Answer
Question If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of seats are :-
Correct Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 25 in week 1 , 90 in week 3 , 60 in week 4
Select The Blank
Question The realistic ________ demonstrate the benefits of a holistic view of
supply chain information flow.
Correct Answer Simulation Model
Your Answer Simulation Model
Select The Blank
Question The mode choice aspect of transport decisions are more ________
ones, as they are closely linked with inventory decision.
Correct Answer Strategic
Your Answer Locational
Select The Blank
Question From the output by MRP package for chairs in the example, we are
advised to place an order for ________ legs in week 2.
Correct Answer Overhead
Your Answer Overhead
True/False
Question The constraints in multiple equation methods will probably be different
for different groups.
Correct Answer True
Your Answer True
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 made by replacing defective component
Select The Blank
Question ________ is activity which is outsourced by most of Indian companies.
Correct Answer Warehousing
Your Answer Billing
Multiple Choice Multiple Answer
Question What are the prerequisites for change while Switching over to SCM?
Correct Answer Pressure For the Change , Shared Vision , Capacity for Change
Your Answer Shared Vision , Capacity for Change , Outbound Training
Select The Blank
Question Kanban process ________ focuses on the human factors of
production.
Correct Answer Indirectly
Your Answer Indirectly
True/False
Question It would be impossible to find the minimum cost solution manually.
Correct Answer True
Your Answer False
True/False
Question All forecasting methods require complex calculations and therefore are
ideally suited to be done by a computer.
Correct Answer False
Your Answer True
Multiple Choice Multiple Answer
Question In SCM metrics, Training means :-
Correct Answer Inhouse training , APICS Membership , Certification Training
Your Answer Inhouse training , APICS Membership , Certification Training
True/False
Question Incoming inventory is the receiving of the items, as a result of buying in
from external or internal suppliers
Correct Answer True
Your Answer True
Multiple Choice Multiple Answer
Question If the requirement of chairs as given are 135 in week 3, 90 in week 5,
60 in week 6 then the requirement of backs are :-
Correct Answer 85 in week 1 , 90 in week 3 , 60 in week 4
Your Answer 60 in week 4
Select The Blank
Question If demand is known & steady, then ________ inventory can be
estimated.
Correct Answer Average
Your Answer Final
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 True
Multiple Choice Multiple Answer
Question The competitive priorities in operations strategy are :-
Correct Answer Cost , Quality , Time
Your Answer Cost , Quality , Time
Multiple Choice Single Answer
Question In both marking stock and order, which cost is incurred?
Correct Answer Stock acquisition
Your Answer Stock acquisition
Match The Following
Question Correct Answer Your Answer
Modeling approaches are
methods
Which facilitate concise
review & at the same time
attempt to accommodate the
above polarity.
Give guiding policies for
strategic decisions.
Rough cut methods give
guiding policies
For the operation decisions. Give normative models for
more operator decisions.
Network design methods For the most part give
normative models for more
strategic decisions.
A comprehensive supply
chain model can be
analyzed.
Simulation is the method by
which
A comprehensive supply
chain model can be
analyzed.
For the most part give
normative models for more
strategic decisions.
True/False
Question Retailers are not interested in low stock run.
Correct Answer True
Your Answer False
Select The Blank
Question ________ is only the management philosophy which helps
organisation to move from one step to another.
Correct Answer Benchmarking
Your Answer Push Base system
Multiple Choice Multiple Answer
Question Realignment of infrastructure includes :-
Correct Answer Production & warehouse premises , Production equipment ,
Information & IT system
Your Answer Production & warehouse premises , Production equipment , Supplies
Multiple Choice Multiple Answer
Question In Supply Chain Management, the goal is to be able to replace
inventory of :-
Correct Answer Manufacturers , Suppliers , Customers
Your Answer Manufacturers , Suppliers , Distributors
Multiple Choice Multiple Answer
Question When conformance is not achieved, what is the role of cycle counting?
Correct Answer To provide for cause , To provide for corrective action , To provide for
future action
Your Answer Measure the level of conformance to expectable , To provide for
corrective action , To provide for future action
Multiple Choice Multiple Answer
Question The problems faced by the HP DCs due to traditional system were :-
Correct Answer Large finished goods inventory , Additional stock to handle all the
product proliferation , Increasing emphasize placed on speed
Your Answer Large finished goods inventory , Additional stock to handle all the
product proliferation , Increasing emphasize placed on speed
True/False
Question For a fixed time re-order cycle system, the time at risk is re-order lead
time plus the re-order cycle time.
Correct Answer True
Your Answer False
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 False
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
Question The fire in 1997 forced Toyoto to embark upon review of
________ that were sourced from single supplier.
Correct Answer Components
Your Answer Raw Materials
Multiple Choice Single Answer
Question The cycle time measured from the firm plan order until final
production is reported, is known as :-
Correct Answer Manufacturing Cycle Time
Your Answer Manufacturing Cycle Time
Multiple Choice Single Answer
Question The minimum number of products unit in stock at the end of each
week corresponds to what type of stock in the case of unforeseen
demand?
Correct Answer Safety
Your Answer Safety
True/False
Question The marketing effort is somewhat restricted by the necessity to
sell leftover products following year.
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
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
Select The Blank
Question Paper or computer records require time to check ________
against recorder level.
Correct Answer Stock
Your Answer Availability
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 , What
products to sell
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 One of the factors behind Japanese success story as geographic
proximity and that suppliers are often ________ around the major
customers.
Correct Answer Clustered
Your Answer Scattered
Multiple Choice Multiple Answer
Question Companies that would obviously gain very little from
postponement, experiences a radically different picture in their
business like :-
Correct Answer Demand with little or no uncertainty , Low value of short time to
market , Low product proliferation
Your Answer Demand with little or no uncertainty , Low value of short time to
market , Low product proliferation
Multiple Choice Single Answer
Question What is the advantage of IT for monitoring the supply chain
performance?
Correct Answer Statistics is generated
Your Answer Statistics is generated
Select The Blank
Question The hiring cost of one employee is ________ in minimal cost
strategy.
Correct Answer £ 500
Your Answer £ 475
Multiple Choice Single Answer
Question Inadequate & excess inventory both are revenue losses for a
business so as to avoid this, which of the following is required?
Correct Answer TQM & JIT
Your Answer FMCG
True/False
Question Distribution & Warehousing comes under supply chain
measurement.
Correct Answer True
Your Answer True
True/False
Question The enriching the order decisions with market place information
enables the factory to be much more responsive, since less
supply chain Filtering is taking place.
Correct Answer True
Your Answer True
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 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 It is the requirement of Enriched supply chain players to cope up
with :-
Correct Answer Rapidly changing order rates
Your Answer Inventory control
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
Multiple Choice Single Answer
Question In management, construction of a strategic framework for
productivity and performance analysis is required for :-
Correct Answer Logistics management
Your Answer Logistics management
Multiple Choice Single Answer
Question Holding costs are expressed as a % of stock values. What is the
percentage?
Correct Answer 15% - 30%
Your Answer 20% - 30%
True/False
Question The measures suggested by Balloy have limited application,
mainly at the strategic rather that operational level.
Correct Answer False
Your Answer True