McqMate
| 201. |
Time utility is created by |
| A. | Operation function. |
| B. | Logistics function. |
| C. | Procurement function. |
| D. | Distribution function. |
| Answer» D. Distribution function. | |
| 202. |
MRP stands for |
| A. | Material requirement planning. |
| B. | Manpower recruitment process. |
| C. | Machine repair plan. |
| D. | Mechanical re-engineering process. |
| Answer» A. Material requirement planning. | |
| 203. |
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. | |
| 204. |
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. | |
| 205. |
Customer order processing level is that |
| 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. | |
| 206. |
Master planning deals with |
| A. | customer interface. |
| B. | marketing interface. |
| C. | supplier interface. |
| D. | manufacturing interface. |
| Answer» C. supplier interface. | |
| 207. |
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. | |
| 208. |
Firm infrastructure 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» A. a support activity. | |
| 209. |
Inbound and outbound logistics 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. | |
| 210. |
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. | |
| 211. |
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. | |
| 212. |
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. | |
| 213. |
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. | |
| 214. |
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. | |
| 215. |
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. | |
| 216. |
Just in time is a practice followed in |
| A. | Japan. |
| B. | America. |
| C. | Britain. |
| D. | China. |
| Answer» A. Japan. | |
| 217. |
The term which covers the operation of shifting the cargo to or from the vessel is |
| A. | Rigging. |
| B. | Slinging. |
| C. | Carnage. |
| D. | Forced discharge. |
| Answer» B. Slinging. | |
| 218. |
The term used for loading or unloading of heavy cargo is |
| A. | Rigging. |
| B. | Carnage. |
| C. | Slinging. |
| D. | Forced discharge. |
| Answer» B. Carnage. | |
| 219. |
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» D. Cabotage. | |
| 220. |
The delivery of a damaged product has |
| A. | An increase in its value. |
| B. | A decrease in its value. |
| C. | No change in its value. |
| D. | Better demand. |
| Answer» B. A decrease in its value. | |
| 221. |
The flow of work in process is |
| A. | From a supplier to producer. |
| B. | From the last production price to ultimate user. |
| C. | Between the various production sub-system. |
| D. | Between the various distribution channels. |
| Answer» C. Between the various production sub-system. | |
| 222. |
The flow of information that facilitates co-ordination activities is |
| A. | Forward information flow. |
| B. | Backward information flow. |
| C. | Upward information flow. |
| D. | Downward information flow. |
| Answer» B. Backward information flow. | |
| 223. |
Unreliability of vendors leads to |
| A. | Production uncertainty. |
| B. | Process uncertainty. |
| C. | Demand uncertainty. |
| D. | Supply uncertainty. |
| Answer» D. Supply uncertainty. | |
| 224. |
The internal process leads to |
| A. | Production uncertainty. |
| B. | Process uncertainty. |
| C. | Demand uncertainty. |
| D. | Supply uncertainty. |
| Answer» B. Process uncertainty. | |
| 225. |
The uncertainty that could be reduced through forecasting techniques is |
| A. | Production uncertainty. |
| B. | Process uncertainty. |
| C. | Demand uncertainty. |
| D. | Supply uncertainty. |
| Answer» C. Demand uncertainty. | |
| 226. |
The number of stages that the goods and services flow through |
| A. | Add to the complexity of SCM. |
| B. | Relaxes the complexity of SCM. |
| C. | Brings no change in complexity of SCM. |
| D. | Ensures better quality. |
| Answer» A. Add to the complexity of SCM. | |
| 227. |
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» D. Consolidation function. | |
| 228. |
Cash on delivery method is normally used for |
| A. | Bulk cargo with immediate market. |
| B. | Slow moving items. |
| C. | Small but valuable items sent by post. |
| D. | Exports to countries with balance of payments problems. |
| Answer» C. Small but valuable items sent by post. | |
| 229. |
An appropriate strategy to achieve timely, accurate, paperless information flow is: |
| A. | integrate this activity into all supply chain planning. |
| B. | efficient store assortments. |
| C. | revision of organization processes supported by information systems. |
| D. | efficient replacement. |
| Answer» C. revision of organization processes supported by information systems. | |
| 230. |
An appropriate strategy to maximize efficiency of promotions is: |
| A. | revision of organization processes supported by information systems. |
| B. | efficient store assortments.. |
| C. | integrate this activity into all supply chain planning. |
| D. | efficient replacement. |
| Answer» C. integrate this activity into all supply chain planning. | |
| 231. |
An appropriate strategy to optimize for time and cost in the ordering process 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» D. efficient replacement. | |
| 232. |
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» A. efficient store assortments. | |
| 233. |
The upstream supply chain is: |
| A. | exclusively inside an organization. |
| B. | involved with procurement of material from suppliers. |
| C. | the distribution of products or delivery of services to customers. |
| D. | both the first and third answer above. |
| Answer» B. involved with procurement of material from suppliers. | |
| 234. |
The downstream supply chain is: |
| A. | exclusively inside an organization. |
| B. | involved with procurement of material from suppliers. |
| C. | the distribution of products or delivery of services to customers. |
| D. | both the first and third answer above. |
| Answer» C. the distribution of products or delivery of services to customers. | |
| 235. |
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, transformation process. |
| Answer» C. acquisition of resources, transformation process, delivery to customers. | |
| 236. |
______ offers the opportunity to buy direct from the supplier with reduced costs and shorter cycle. |
| A. | Reintermediation |
| B. | Countermediation |
| C. | Contramediation |
| D. | Disintermediation |
| Answer» D. Disintermediation | |
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