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.
| 101. |
The business activity of farming out identified non-core activities to external agenciesis |
| A. | Logistics. |
| B. | SCM. |
| C. | Outsourcing. |
| D. | Distribution. |
| Answer» D. Distribution. | |
| 102. |
The department in the shipping company that ensures the seaworthiness of the ship is |
| A. | husbandry department. |
| B. | finance department. |
| C. | technical department. |
| D. | operating department. |
| Answer» B. finance department. | |
| 103. |
The term used for carriage of goods when points of origin and destination are both within the sovereignty of UK is |
| A. | ULD. |
| B. | Classification rate. |
| C. | Valuation charge. |
| D. | Cabotage. |
| Answer» E. | |
| 104. |
In .analysis, classification parameter is nature of source of supply. |
| A. | ABC |
| B. | EOQ |
| C. | HML |
| D. | GOLF |
| Answer» E. | |
| 105. |
.means using land transport i.e. rail or road transport to connect two separate water transport. |
| A. | Piggy Back |
| B. | Fishy back |
| C. | LASH |
| D. | Land bridge |
| Answer» E. | |
| 106. |
Which of the following is not included in logistics process. |
| A. | Implementing the plan for flow of goods & services. |
| B. | planning the physical flow of goods & services |
| C. | Controlling the physical flow of goods services & information. |
| D. | gathering customer ideas for new product |
| Answer» E. | |
| 107. |
The department that aims to maximize the economic employment of the ship is |
| A. | husbandry department. |
| B. | finance department. |
| C. | technical department. |
| D. | operating department |
| Answer» E. | |
| 108. |
Warehouses and stockyards are two types of storage facilities. Which of the following is the most appropriate factor to consider in the design of a stockyard? |
| A. | Structure |
| B. | Services |
| C. | Surface |
| D. | Shelving. |
| Answer» D. Shelving. | |
| 109. |
The business activity of farming out identified non-core activities to external agencies is |
| A. | Logistics. |
| B. | SCM. |
| C. | Outsourcing. |
| D. | Distribution. |
| Answer» D. Distribution. | |
| 110. |
The warehousing function that combines the logistical flow of several small shipments to a specific market area is |
| A. | Break bulk function. |
| B. | Operational function. |
| C. | Stockpiling function. |
| D. | Consolidation function. |
| Answer» E. | |
| 111. |
.is the invisible element in the system which is the facilitator of other function. |
| A. | Information |
| B. | Logistics |
| C. | EDI |
| D. | ADC |
| Answer» B. Logistics | |
| 112. |
are used for vertical movement of materials, generally from one floor to another. |
| A. | Conveyor belts |
| B. | Cranes |
| C. | Elevators |
| D. | Towlines |
| Answer» D. Towlines | |
| 113. |
analysis, parameters for classification of inventory is unit price of material. |
| A. | ABC Analysis |
| B. | EOQ |
| C. | HML Analysis |
| D. | GOLF |
| Answer» D. GOLF | |
| 114. |
If a customer visiting a departmental store cannot find his desired soap manufactured by Hindustan Unilever Ltd (HUL) in the store, which of the following chain partner will he hold responsible for the non-availability of the soap? |
| A. | The logistics service provider |
| B. | The distributor |
| C. | The departmental store |
| D. | Hindustan Unilever Ltd |
| Answer» D. Hindustan Unilever Ltd | |
| 115. |
Many organisations hold safety stocks as part of their inventory. Which of the following is a reason for holding safety stocks? |
| A. | To improve stock holding levels |
| B. | To improve stock accuracy levels |
| C. | To cater for demand forecast errors |
| D. | To cater for a large storage capacity. |
| Answer» D. To cater for a large storage capacity. | |
| 116. |
Which of the following stock valuation methods is based on a cost estimate made before the part is purchased? |
| A. | Standard costing |
| B. | FIFO |
| C. | Average costing |
| D. | LIFO. |
| Answer» B. FIFO | |
| 117. |
Market logistics planning has ________ steps. |
| A. | Three |
| B. | Four |
| C. | Two |
| D. | Five |
| Answer» B. Four | |
| 118. |
Following is not type of Piggy-Back .. |
| A. | LASH |
| B. | TTFC |
| C. | COFC |
| D. | TOFC |
| Answer» B. TTFC | |
| 119. |
Which one of the following is not the supply challenge being faced by the Indian organizations? |
| A. | Poor infrastructure |
| B. | IT implementation |
| C. | Complex taxation structure |
| D. | Smaller pack sizes |
| Answer» C. Complex taxation structure | |
| 120. |
When air transport is used in combination with road or rail transport, it is called . |
| A. | Piggy Back |
| B. | Fishy back |
| C. | Birdy back |
| D. | Land bridge |
| Answer» D. Land bridge | |
| 121. |
Special purpose material handling equipment are used in . |
| A. | Line layout |
| B. | Process layout |
| C. | In-land layout |
| D. | Warehousing |
| Answer» B. Process layout | |
| 122. |
An appropriate strategy to optimize the productivity of retail space and inventory is: |
| A. | efficient store assortments. |
| B. | revision of organization processes supported by information systems. |
| C. | integrate this activity into all supply chain planning. |
| D. | efficient replacement. |
| Answer» B. revision of organization processes supported by information systems. | |
| 123. |
The .system should be designed after analysing the needs for the organization. |
| A. | Warehousing |
| B. | Logistics |
| C. | Material handling |
| D. | Distribution |
| Answer» D. Distribution | |
| 124. |
Customer service create time and . utility for the customer. |
| A. | distribution |
| B. | supply |
| C. | place |
| D. | sales |
| Answer» D. sales | |
| 125. |
The receipt used for warehouse is |
| A. | Inventory receipt |
| B. | Dock receipt |
| C. | EDI receipt |
| D. | Goods receipt |
| Answer» C. EDI receipt | |
| 126. |
Which of the following is the name given to a bill of lading where goods have been received by a carrier free of defects? |
| A. | Shipped bill of lading |
| B. | Claused bill of lading |
| C. | Ordinary bill of lading |
| D. | Clean bill of lading. |
| Answer» E. | |
| 127. |
.is concerned with a firm s ability to satisfy customer s requirement in timely manner. |
| A. | Minimum Inventory |
| B. | Price stabilization |
| C. | Quality |
| D. | Rapid Responses |
| Answer» E. | |
| 128. |
.. represent the frequency of satisfying customer order in given span of time. |
| A. | order cycle time |
| B. | fill rate |
| C. | perfect order |
| D. | system flexibility |
| Answer» C. perfect order | |
| 129. |
which type of demand forecast is related to environmental factors |
| A. | Qualitative forecast |
| B. | Time forecast |
| C. | Casual forecast |
| D. | Simulation forecast |
| Answer» D. Simulation forecast | |
| 130. |
If the focus of a retailer is to achieve leadership in cost, then which of the following phenomenon will hold good? |
| A. | Customers will like to have convenience and the retailers will also set up a number of stores at different locations in order to provide convenience to the customers. |
| B. | Customers will prefer a large variety of products and the retailer will also keep a large variety in the store in order to satisfy customer needs. |
| C. | Customers will prefer a large variety of products but the retailer will not keep a large variety in the store in order to achieve economies of scale. |
| D. | Customers will prefer short lead time for their products and the retailer will keep higher amount of inventory in order to satisfy customer needs in time. |
| Answer» D. Customers will prefer short lead time for their products and the retailer will keep higher amount of inventory in order to satisfy customer needs in time. | |
| 131. |
The purpose of .is to arrive at a realistic projection of demand patters across different market and for different product lines. |
| A. | Demand forecasting |
| B. | Speculation |
| C. | Logistics |
| D. | Supply chain management |
| Answer» B. Speculation | |
| 132. |
The correct sequence of an organizations supply chain from a systems perspective is: |
| A. | transformation process, delivery to customers, acquisition of resources. |
| B. | transformation process, acquisition of resources, delivery to customers. |
| C. | acquisition of resources, transformation process, delivery to customers. |
| D. | delivery to customers, acquisition of resources, tr |
| Answer» B. transformation process, acquisition of resources, delivery to customers. | |
| 133. |
offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle. |
| A. | Reintermediation |
| B. | Countermediation |
| C. | Contramediation |
| D. | Disintermediation |
| Answer» E. | |
| 134. |
IS can be used to reduce cycle time by: |
| A. | increased efficiency of individual processes. |
| B. | improved data integration between elements of the supply chain. |
| C. | reduced cost through outsourcing. |
| D. | reduced complexity of the supply chain. |
| Answer» B. improved data integration between elements of the supply chain. | |
| 135. |
One choice for an organization's vertical integration strategy related to 'The direction of any expansion'. What does this mean? |
| A. | How far should the company take downstream or upstream vertical integration? |
| B. | Should the company aim to direct ownership at the upstream or downstream supply chain? |
| C. | To what extent does each stage of the supply chain focus on supporting the immediate supply chain? |
| D. | How to enhance product and service quality. |
| Answer» C. To what extent does each stage of the supply chain focus on supporting the immediate supply chain? | |
| 136. |
A supply chain is a sequence of firms that perform activitiesrequired: |
| A. | to find products that are similar |
| B. | to facilitate wholesalers inventory selections |
| C. | to create synergy in their training programs |
| D. | to create and deliver goods to consumers |
| Answer» E. | |
| 137. |
The kind of warehouse that is licensed and authorized by the customs for storing goods till import duty is |
| A. | Field warehouse. |
| B. | Buffer storage warehouse. |
| C. | Bonded warehouse. |
| D. | Export and import warehouse. |
| Answer» D. Export and import warehouse. | |
| 138. |
is the design of seamless value-added processes across organization boundaries to meet the real needs of the end customer. |
| A. | Operations |
| B. | Supply chain management |
| C. | Process engineering |
| D. | Value charting |
| Answer» C. Process engineering | |
| 139. |
The impact of cost reduction on profits is much larger than the impact of increased |
| A. | innovation. |
| B. | production |
| C. | information. |
| D. | sales |
| Answer» E. | |
| 140. |
considers how your organization competes and is an essential element of corporate strategy. |
| A. | Value proposition analysis |
| B. | Leadership |
| C. | A consultant |
| D. | A competitor |
| Answer» B. Leadership | |
| 141. |
Demand Forecasting is |
| A. | animperfeCt science |
| B. | accompanied with forecast error |
| C. | identifying the future demand |
| D. | all the above |
| Answer» E. | |
| 142. |
The collective learning in the organization, especially how to coordinate diverse production skills and integrate multiple streams of technologies, is called |
| A. | innovative constraint. |
| B. | second-tier competency. |
| C. | corporate skill. |
| D. | core competency. |
| Answer» E. | |
| 143. |
is a kind of distribution strategy. |
| A. | RORO |
| B. | LASH |
| C. | Milk Run |
| D. | LNA |
| Answer» D. LNA | |