MCQOPTIONS
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MCQOPTIONS
This section includes 143 Mcqs, each offering curated multiple-choice questions to sharpen your Uncategorized topics knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
One of the important role of distribution in SCM towards base cost reduction is |
| A. | Transportation |
| B. | Warehousing/inventory |
| C. | Information |
| D. | all the above |
| Answer» E. | |
| 52. |
Which of the following statements is true regarding outsourcing? |
| A. | Higher level of outsourcing enables a firm to have better control on all outsourced activities. |
| B. | Higher level of outsourcing makes a firm more vulnerable to outside influences. |
| C. | Higher level of outsourcing enables a firm to outsource core activities to other competent players. |
| D. | Higher level of outsourcing enables a firm to outsource non-core activities to other competent players. |
| Answer» B. Higher level of outsourcing makes a firm more vulnerable to outside influences. | |
| 53. |
offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle |
| A. | Reintermediation |
| B. | Countermediation |
| C. | Disintermediation |
| D. | Contramediation |
| Answer» D. Contramediation | |
| 54. |
A supply chain is made up of a series of processes that involve aninput, a , and an output. |
| A. | Shipment |
| B. | Supplier |
| C. | customer |
| D. | Tr |
| Answer» B. Supplier | |
| 55. |
MRO stands for |
| A. | Management Resource Outstanding |
| B. | Maintanance Repair Operative |
| C. | Marketing Reverse Order |
| D. | Maintanance Record Overview |
| Answer» C. Marketing Reverse Order | |
| 56. |
Value stream mapping is an application of process mapping, developed to apply principles to process improvement. |
| A. | Management |
| B. | Lean |
| C. | Supply chain |
| D. | Cycle time |
| Answer» C. Supply chain | |
| 57. |
The has made it possible for other companies to eliminate intermediaries and sell directly to the end consumer. |
| A. | SCM |
| B. | Internet |
| C. | competition |
| D. | global sourcing |
| Answer» C. competition | |
| 58. |
is a tool to chart how individual processes are currently being conducted and to help lay out new improved processes. |
| A. | Process mapping |
| B. | Pareto charting |
| C. | Supply chain design |
| D. | Design chain mapping |
| Answer» B. Pareto charting | |
| 59. |
The .component is long range general movement in periodic sales over sufficient long period of time. |
| A. | Demand |
| B. | Sales |
| C. | Price |
| D. | Trend |
| Answer» E. | |
| 60. |
from the following list a major strategic risk associated with outsourcing. |
| A. | Outsourcing landed cost is usually higher than in sourcing cost. |
| B. | The supplier is purchased by a competitor. |
| C. | The business loses sight of market trends. |
| D. | The cost of supplied material is passed on to the customer. |
| Answer» C. The business loses sight of market trends. | |
| 61. |
The . Forecasting approach is a decentralized approach. |
| A. | Demand |
| B. | Trend |
| C. | Supply |
| D. | Bottom up |
| Answer» E. | |
| 62. |
.is the process of planning implementation and control of transportation services to achieve organization goals. |
| A. | Logistics Management |
| B. | Transportation Management |
| C. | Supply Chain Management |
| D. | Distribution Management |
| Answer» C. Supply Chain Management | |
| 63. |
is developed to identify marketing and financial objectives of the firm. |
| A. | LIS |
| B. | Strategy |
| C. | Plan |
| D. | Information System |
| Answer» C. Plan | |
| 64. |
A is a set of customer service goals which are to be achieved within a specific combination or mix of products and customer segment. |
| A. | Mission |
| B. | Objective |
| C. | Vision |
| D. | Target |
| Answer» B. Objective | |
| 65. |
ABC focuses on ..activities. |
| A. | Important |
| B. | Individual |
| C. | Logistics |
| D. | Procurement |
| Answer» C. Logistics | |
| 66. |
The type of material handling system is the simplest and cheapest form of material handling system. |
| A. | Manual system |
| B. | Mechanized system |
| C. | Semi-automated system |
| D. | Automated system |
| Answer» B. Mechanized system | |
| 67. |
.is the method of sorting, transporting and distributing products in unitized or standardized form in a container. |
| A. | Cold chain logistics |
| B. | ICD |
| C. | Containerization |
| D. | DFC |
| Answer» D. DFC | |
| 68. |
..occurs when a company retains another business to perform some of its work activities. |
| A. | Outsourcing |
| B. | KPO |
| C. | 3PL |
| D. | 4PL |
| Answer» B. KPO | |
| 69. |
.cost is one-time costs. |
| A. | Fixed |
| B. | Variable |
| C. | Joint |
| D. | Common |
| Answer» B. Variable | |
| 70. |
.is the most suitable for transportation of fluids. |
| A. | Road transport |
| B. | Railway transport |
| C. | Water transport |
| D. | Pipeline |
| Answer» E. | |
| 71. |
.cost is directly proportional to the volume of activity. |
| A. | Fixed |
| B. | Variable |
| C. | Joint |
| D. | Common |
| Answer» C. Joint | |
| 72. |
..is the most economical mode of transportation. |
| A. | Road transport |
| B. | Railway transport |
| C. | Water transport |
| D. | Air tr |
| Answer» B. Railway transport | |
| 73. |
.comprises of raw materials, components, and fuels, etc. which are required to facilitate manufacturing operations. |
| A. | Raw material inventory |
| B. | Work in process inventory |
| C. | Finished goods inventory |
| D. | Average inventory |
| Answer» B. Work in process inventory | |
| 74. |
is not the type of inventory based on inventory position in the supply chain. |
| A. | Supplier |
| B. | Manufacturer |
| C. | Retailer |
| D. | Customer |
| Answer» E. | |
| 75. |
The objective of outbound supply chain is to make the product available to the |
| A. | Customer |
| B. | Retailor |
| C. | Whole seller |
| D. | Supplier |
| Answer» B. Retailor | |
| 76. |
Supply chain management has its own origin in operation of .. Enterprise. |
| A. | Business |
| B. | Trading |
| C. | Non profit |
| D. | Social |
| Answer» B. Trading | |
| 77. |
In .analysis, the parameters of classification is whether seasonal or non-seasonal materials. |
| A. | SOS |
| B. | SDE |
| C. | ABC |
| D. | HML |
| Answer» B. SDE | |
| 78. |
Which one of the following is not the qualitative technique of forecasting? |
| A. | Jury of executive opinion |
| B. | Delphi method |
| C. | Market research method |
| D. | Casual method |
| Answer» E. | |
| 79. |
.is related with checking whether the goals and objectives formulated earlier have been achieved or not. |
| A. | Benchmarking |
| B. | ABC Analysis |
| C. | Goal achievement |
| D. | Resource development |
| Answer» D. Resource development | |
| 80. |
_______ are meant to store products for moderate to long period of time. |
| A. | Storage warehouses |
| B. | Distribution warehouses |
| C. | Automated warehouses |
| D. | Private warehouse |
| Answer» B. Distribution warehouses | |
| 81. |
Packaging performs two functions. and logistics. |
| A. | Distribution. |
| B. | Store keeping. |
| C. | Material handling. |
| D. | Marketing. |
| Answer» E. | |
| 82. |
MRP standsfor |
| A. | Material requirement planning. |
| B. | Manpower recruitment process. |
| C. | Machine repair plan. |
| D. | Mechanical re-engineering process. |
| Answer» B. Manpower recruitment process. | |
| 83. |
Customer order processing level isthat |
| A. | determines the direction of business. |
| B. | creates the capacity. |
| C. | involves the functional planning. |
| D. | provides specification for manufacturing. |
| Answer» E. | |
| 84. |
The objective of a supply chain is: |
| A. | to improve the efficiency across the whole supply chain |
| B. | to improve responsiveness across the whole supply chain |
| C. | to deliver improved value to the customers |
| D. | to improve the efficiency and responsiveness across the whole supply chain and also deliver improved value to the customers |
| Answer» E. | |
| 85. |
The logistics strategic analysis |
| A. | reflects the capability of the management to think beyond the current way. |
| B. | reflects the extent of use of logistical component for competitive advantage. |
| C. | ensures effective implementation of logistics strategy. |
| D. | deals with managing change. |
| Answer» C. ensures effective implementation of logistics strategy. | |
| 86. |
HRM is in the generic value chain of logistics. |
| A. | a support activity. |
| B. | a primary activity. |
| C. | not an activity. |
| D. | the only activity. |
| Answer» D. the only activity. | |
| 87. |
Inbound and outbound logistics is |
| A. | a support activity. |
| B. | a primary activity. |
| C. | not an activity. |
| D. | the only activity. |
| Answer» C. not an activity. | |
| 88. |
Firm infrastructure is |
| A. | a support activity. |
| B. | a primary activity. |
| C. | not an activity. |
| D. | the only activity. |
| Answer» B. a primary activity. | |
| 89. |
Marketing and sales is in the generic value chain of logistics. |
| A. | a support activity. |
| B. | a primary activity. |
| C. | not an activity. |
| D. | the only activity. |
| Answer» C. not an activity. | |
| 90. |
The maintenance of a minimum possible level of inventory required for a desired level of customer service is the objective of |
| A. | right response. |
| B. | right quality. |
| C. | right quantity. |
| D. | right value. |
| Answer» D. right value. | |
| 91. |
Which of the following types of container is used to carry oversized cargo? |
| A. | Bulk |
| B. | Flat rack |
| C. | Reefer |
| D. | Tank. |
| Answer» C. Reefer | |
| 92. |
The typical aim of the push approach to supply chain management is: |
| A. | to reduce costs of distribution. |
| B. | to enhance product and service quality. |
| C. | to reduce costs of new product development. |
| D. | both the first and third |
| Answer» B. to enhance product and service quality. | |
| 93. |
TQM means |
| A. | Total quality management |
| B. | Transport quality manageemnt |
| C. | Terminal quay management |
| D. | Total quantity managament |
| Answer» B. Transport quality manageemnt | |
| 94. |
Role of distribution in supply chain management |
| A. | providing localised services |
| B. | Collecting product reviews from customers which could be used by manufacturers |
| C. | Reduces inventory holding cost |
| D. | All the above |
| Answer» E. | |
| 95. |
The logistical objective that ensures a proper balance between total logistics cost and a desired level of customer service performance is |
| A. | right response. |
| B. | right quality. |
| C. | right cost trade off. |
| D. | right information. |
| Answer» D. right information. | |
| 96. |
The objective of limited integrated business function stage is |
| A. | Cost cost. |
| B. | Maximisation of profit by sales volume. |
| C. | Core competency. |
| D. | Maximisation of profitable sales volume and cost reduction. |
| Answer» B. Maximisation of profit by sales volume. | |
| 97. |
The objective of internally integrated business function stage is |
| A. | Cost. |
| B. | Maximisation of profit by sales volume. |
| C. | Core competency. |
| D. | Maximisation of profitable sales volume and cost reduction. |
| Answer» E. | |
| 98. |
The objective of externally integrated business function stage is |
| A. | Cost. |
| B. | Maximisation of profit by sales volume. |
| C. | Core competency. |
| D. | Maximisation of profitable sales volume and cost reduction. |
| Answer» D. Maximisation of profitable sales volume and cost reduction. | |
| 99. |
The strategic component of logistical mission |
| A. | reflect the vision of top management. |
| B. | deal with basic services required for delivering of goods. |
| C. | refers to the value-added services offered. |
| D. | reflects the ability of firm to exploit market. |
| Answer» B. deal with basic services required for delivering of goods. | |
| 100. |
The logistical component of logistics mission |
| A. | reflect the vision of top management. |
| B. | deal with basic services required for delivering of goods. |
| C. | refers to the value-added services offered. |
| D. | reflects the ability of firm to exploit market. |
| Answer» C. refers to the value-added services offered. | |