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
Logistics
Multiple Choice Single Answer
Question
In the world class logistics study (Published in 1995) there is requirement of :-
Correct Answer
New SCM approach
Your Answer
New SCM approach
Multiple Choice Single Answer
Question
An improvement in factory order rate & Factory stock level Behavioral pattern
shows dynamic response to :-
Correct Answer
Simulation Model
Your Answer
APIOBPCS
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
Reasonably
True/False
Question
Orders arrive in one batch with a known lead time arriving just as stock is
exhausted.
Correct Answer
True
Your Answer
True
True/False
Question
To reconcile JIT and EOQ, we don't take fixed setup cost and / or variable
holding cost as fixed but seek to reduce them.
Correct Answer
True
Your Answer
True
Select The Blank
Question
Total annual cost is the function that we want to ________ by choosing an
appropriate value of quantity.
Correct Answer
Minimise
Your Answer
Minimise
True/False
Question
There may be a temptation to dismiss the Kaizen concept particularly suited to
Japanese mentality.
Correct Answer
True
Your Answer
True
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
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
Select The Blank
Question
Supply chains consist of ________ of companies.
Correct Answer
Multiple Layers
Your Answer
Multiple Layers
Multiple Choice Multiple Answer
Question
The data entered for the problem scenario are :-
Correct Answer
Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity
Requirement per Product
Your Answer
Planning Resources Name , Capacity Unit of Planning Resourcing , Capacity
Requirement per Product
True/False
Question
EDI helps in Performance Improvement.
Correct Answer
True
Your Answer
True
True/False
Question
Logistics must be treated as cost saving function.
Correct Answer
True
Your Answer
False
Select The Blank
Question
The retailers undertake Pareto Analysis routinely to ________ turnover of item.
Correct Answer
Compare
Your Answer
Calculate
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
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
Not meeting
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
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
Multiple Choice Single Answer
Question
The Central idea in supply chain is to focus on :-
Correct Answer
Key Metrics
Your Answer
Key Metrics
Multiple Choice Single Answer
Question
Which network between companies making different ingredients to many
products can be charted?
Correct Answer
Supply network
Your Answer
Supply network
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
Multiple Choice Single Answer
Question
The decision to hire 3PL services appears to originate from :-
Correct Answer
Top Management
Your Answer
Top Management