UNIT 1 MCQ With Answers
UNIT 1 MCQ With Answers
UNIT 1 MCQ With Answers
(Ans:c)
2) Logistics is the part of a supply chain involved with the forward and reverse flow of
a. goods
b. services
c. cash
d. all of the above
(Ans:d)
3)Due to small change in customer demands, inventory oscillations become progressively larger looking
through the supply chain. This is known as
a. Bullwhip effect
b. Netchain analysis
c. Reverse logistics
d. Reverse supply chain
(Ans:a)
(Ans:a)
(Ans:b)
7) Logistics is the part of a supply chain involved with the forward and reverse flow of
e. goods
f. services
g. cash
h. all of the above
(Ans:d)
(Ans:d)
9)What is one major fear of managers when they decide to outsource their logistics function?
a. The achievement of cost savings
b. Transfer of fixed costs and capital investments into variable costs and expenditure
c. Increasing the scale and scope of operations
d.Loss of operational control and reduced contact with customers
(Ans:d)
10)What are the relationship risks that occur when outsourcing logistics activities to external suppliers?
a. Poor ability to train and educate employees
b. Reduction of customer satisfaction
c. Increasing costs for maintaining assets and equipment
d.Information asymmetry and goal incongruences
(Ans:d)
OME-752-SUPPLY CHAIN MANAGEMENT –UNIT_1
(Ans:a)
12) A ____________ encompasses all activities associated with the flow and transformation of goods
from the raw material stage, through to the end user, as well as the associated information flows.
a)production line
b)supply chain
c)marketing channel
d)warehouse
(Ans:b)
13) Which of the following are not key attributes of supply chain management?
a)inventory control
b)Transportation
c)customer power
d)warehouse
(Ans:c)
14) The bullwhip effect:
a) is an ineffective way to motivate warehouse employees
b)applies to rodeos and has nothing to do with supply chain management
c)refers to the “swaying” motion associated with triple trailers
d) Refers to variability in demand orders among supply chain participants.
(Ans:b)
15) An important feature of supply chain management is its application of electronic commerce
technology that allows companies to share and operate systems for:
a)Order processing, transportation scheduling, and inventory management
b)cost-effective flowing of raw materials
c)future purchasing of computer systems
d)future merger opportunities
(Ans:a)
OME-752-SUPPLY CHAIN MANAGEMENT –UNIT_1
16) A Supply Chain includes the chain of entities involved in the planning,procurement,production and --------
----- of products and services
a)Distribution
b)Supply
c)Demand
d)Transport
(Ans:a)
(Ans:d)
(Ans:c)
19) …………is the time that elapses between issuing replenishment order and receiving the material
in stores.
a. Replenishment time
b. Lead time
c. Idle time
d. None of the above
(Ans:b)
(Ans:d)
(Ans:d)
(Ans:b)
(Ans:b)
26) List Areas that manager of the Companies in any supply chain must make decisions individually and
collectively for improving performances?
a) Production-Inventory-Location-Information
b) Process-Supply-Customer-Business
c) Retail-services-network-profit
d)Shipping-develop-sell-buy
OME-752-SUPPLY CHAIN MANAGEMENT –UNIT_1
(Ans:a)
(Ans:a)
a)Supportive &Qualitative
b)Responsiveness &Efficiency
c)Measurable , accountable
d)Conclusive & efficiency
(Ans:b)
(Ans:d)
OME-752-SUPPLY CHAIN MANAGEMENT –UNIT_1
a) To have the right products -at the right place- at the right moment at minimal cost.
b) To have the costlier products – at any place -at minimal cost.
c)To deliver the high end products – at any place -at minimal cost
d) To sell branded products – at right place –at efficient cost
(Ans:a)
a)Customer-order-Cycle-Replenishment-Manufacturing-Procurement-Cycle.
b)Push-Pull-Cycle-view
c)Logical and hierarchical -view
d) Process-Supply-Customer-Business
(Ans:a)
33)Which is not a the supply chain macro processes in a firm ?
(Ans:b)
34) -------Means to "location, acquisition and management of all the vital inputs required for an organization
to operate?
a)Business
b)Logistics
c)Sourcing
d) Internal Supply Chain Management
(Ans:c)
OME-752-SUPPLY CHAIN MANAGEMENT –UNIT_1
a)Supportive &Qualitative
b) Product focus & Functional focus
c)Measurable , accountable
d)Conclusive & efficiency
(Ans:b)
(Ans:a)
37)What are three basic decisions to make regarding the creation and holding of inventory?
(Ans:b)
(Ans:c)
(Ans:a)
a) In house or outsource
b) Supplier selection
c) Procurement
d)Product design
( Ans: d)
OME-752-SUPPLY CHAIN MANAGEMENT –UNIT_1
a)Pull-Process
b)Cycle-process
c) Replishment
d)Inventory control
( Ans: a)
45) Supply chain decision phases may be categorized as design-----, or operational, depending on the
time frame during which the decisions made apply.?
a)planning
b) constructing
c) executing
d) pre-planning
( Ans: a)
a) Process-Supply-Customer-Business
b) Finance, Accounting, Information Technology, Human Resources
c) pricing- product variety-product –availability
d) Logistics services and centered management
( Ans: b)
a) Reduce cost
b)Minimal inventory
c) Quick response
d) Maintenance
(Ans:c)
(Ans:a)
50) ----- is Consistency between customer priorities of competitive strategy & supply chain capabilities
specified by the supply chain strategy?
(Ans:c)