

McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Uncategorized topics .
51. |
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» D. Trend |
52. |
The ……………. Forecasting approach is a decentralized approach. |
A. | Demand |
B. | Trend |
C. | Supply |
D. | Bottom up |
Answer» D. Bottom up |
53. |
……………….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» B. Transportation Management |
54. |
Transportation serves as a ……………. During the movement of product. |
A. | In-transit storage |
B. | Warehouse |
C. | Product storage |
D. | Movement |
Answer» A. In-transit storage |
55. |
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» A. Manual system |
56. |
Conveyor belt facilitate continuous movement of material over a ………. Route. |
A. | Fixed |
B. | Flexible |
C. | Rotational |
D. | Safe |
Answer» A. Fixed |
57. |
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» A. Mission |
58. |
ABC focuses on…………..activities. |
A. | Important |
B. | Individual |
C. | Logistics |
D. | Procurement |
Answer» B. Individual |
59. |
…………….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» C. Containerization |
60. |
…………..occurs when a company retains another business to perform some of its work activities. |
A. | Outsourcing |
B. | KPO |
C. | 3PL |
D. | 4PL |
Answer» A. Outsourcing |
61. |
……………..is the most economical mode of transportation. |
A. | Road transport |
B. | Railway transport |
C. | Water transport |
D. | Air tr |
Answer» A. Road transport |
62. |
………….is the most suitable for transportation of fluids. |
A. | Road transport |
B. | Railway transport |
C. | Water transport |
D. | Pipeline |
Answer» D. Pipeline |
63. |
………….cost is one-time costs. |
A. | Fixed |
B. | Variable |
C. | Joint |
D. | Common |
Answer» A. Fixed |
64. |
………….cost is directly proportional to the volume of activity. |
A. | Fixed |
B. | Variable |
C. | Joint |
D. | Common |
Answer» B. Variable |
65. |
………….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» A. Raw material inventory |
66. |
………… is not the type of inventory based on inventory position in the supply chain. |
A. | Supplier |
B. | Manufacturer |
C. | Retailer |
D. | Customer |
Answer» D. Customer |
67. |
The objective of outbound supply chain is to make the product available to the……… |
A. | Customer |
B. | Retailor |
C. | Whole seller |
D. | Supplier |
Answer» A. Customer |
68. |
Supply chain management has its own origin in operation of …….. Enterprise. |
A. | Business |
B. | Trading |
C. | Non profit |
D. | Social |
Answer» A. Business |
69. |
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» D. Casual method |
70. |
In……….analysis, the parameters of classification is whether seasonal or non-seasonal materials. |
A. | SOS |
B. | SDE |
C. | ABC |
D. | HML |
Answer» A. SOS |
71. |
………….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» C. Goal achievement |
72. |
_______ 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» A. Storage warehouses |
73. |
The goal of logistics is |
A. | to achieve a target level of customer service at lowest possible cost |
B. | to achieve targeted level of customer service. |
C. | increase in the market share. |
D. | All of the above. |
Answer» D. All of the above. |
74. |
In the product life cycle, the emphasis in marketing mix during growth stage is |
A. | Distribution. |
B. | Promotion. |
C. | Price. |
D. | Cost reduction. |
Answer» A. Distribution. |
75. |
In the product life cycle, the emphasis in marketing mix during maturity stage is |
A. | Distribution. |
B. | Promotion. |
C. | Price. |
D. | Cost reduction. |
Answer» C. Price. |
76. |
In the product life cycle, the emphasis in marketing mix during decline stage is |
A. | Distribution. |
B. | Promotion. |
C. | Price. |
D. | Cost reduction. |
Answer» D. Cost reduction. |
77. |
The concept of logistics has been systematically divided into |
A. | 2 phases. |
B. | 3 phases. |
C. | 4 phases. |
D. | 5 phases. |
Answer» A. 2 phases. |
78. |
Michael porter explained the concept of |
A. | Motivation. |
B. | Cost advantage. |
C. | Competitive advantage. |
D. | Quest for quality. |
Answer» C. Competitive advantage. |
79. |
EDI stands for |
A. | Electronic Data Interface. |
B. | Electronic Data Interchange. |
C. | Electronic Distribution Intermediary. |
D. | Electronic Documentation Interchange. |
Answer» B. Electronic Data Interchange. |
80. |
EOQ stands for |
A. | Electronic Ordered Quantity |
B. | Economic Order Quantity |
C. | Economic Order Quality |
D. | Electronic Obtained quantity |
Answer» B. Economic Order Quantity |
81. |
Packaging performs two functions. and logistics. |
A. | Distribution. |
B. | Store keeping. |
C. | Material handling. |
D. | Marketing. |
Answer» D. Marketing. |
82. |
Form utility is created by |
A. | Operation function. |
B. | Logistics function. |
C. | Procurement function. |
D. | Distribution function. |
Answer» A. Operation function. |
83. |
Place utility is created by |
A. | Operation function. |
B. | Logistics function. |
C. | Procurement function. |
D. | Distribution function. |
Answer» B. Logistics function. |
84. |
Time utility is created by |
A. | Operation function. |
B. | Logistics function. |
C. | Procurement function. |
D. | Distribution function. |
Answer» D. Distribution function. |
85. |
MRP standsfor |
A. | Material requirement planning. |
B. | Manpower recruitment process. |
C. | Machine repair plan. |
D. | Mechanical re-engineering process. |
Answer» A. Material requirement planning. |
86. |
MPS stands for |
A. | Manpower placement structure. |
B. | Master production schedule. |
C. | Manpower placement schedule. |
D. | Material processing schedule. |
Answer» B. Master production schedule. |
87. |
Master planning in the planning hierarchy |
A. | determines the direction of business. |
B. | creates the capacity. |
C. | involves the functional planning. |
D. | provides specification for manufacturing. |
Answer» A. determines the direction of business. |
88. |
Master scheduling is the process that |
A. | determines the direction of business. |
B. | creates the capacity. |
C. | involves the functional planning. |
D. | provides specification for manufacturing. |
Answer» B. creates the capacity. |
89. |
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» D. provides specification for manufacturing. |
90. |
Master planning deals with |
A. | customer interface. |
B. | marketing interface. |
C. | supplier interface. |
D. | manufacturing interface. |
Answer» C. supplier interface. |
91. |
The service mission of logistics |
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» D. reflects the ability of firm to exploit market. |
92. |
Firm infrastructure is |
A. | a support activity. |
B. | a primary activity. |
C. | not an activity. |
D. | the only activity. |
Answer» A. a support activity. |
93. |
Inbound and outbound logistics is |
A. | a support activity. |
B. | a primary activity. |
C. | not an activity. |
D. | the only activity. |
Answer» B. a primary activity. |
94. |
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» C. not an activity. |
95. |
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» B. a primary activity. |
96. |
Competitive advantage can be created and achieved by logistics managers by |
A. | cost advantage. |
B. | Quality. |
C. | value advantage. |
D. | cost and value advantage. |
Answer» D. cost and value advantage. |
97. |
Real time communication of information regarding requirements and availability of logistics service is the core of |
A. | right response. |
B. | right quality. |
C. | right quantity. |
D. | right value. |
Answer» A. right response. |
98. |
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» C. right quantity. |
99. |
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» C. right cost trade off. |
100. |
Just in time is a practice followed in |
A. | Japan. |
B. | America. |
C. | Britain. |
D. | China. |
Answer» A. Japan. |
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