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Supply Chain and Logistics Management
Supply Chain and Logistics Management MCQs
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A supply chain is a sequence of firms that perform activities required:
to find products that are similar
to facilitate wholesalers inventory selections
to create synergy in their training programs
to create and deliver goods to consumers
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An important feature of supply chain management is its application of electronic commerce technology that allows companies to share and operate system...
order processing, transportation scheduling, and inventory management.
cost-effective flowing of raw materials
future purchasing of computer systems
future merger opportunities
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A supply chain is essentially a sequence of linked:
customer and prospects
supplier and manufacturer
suppliers and customers
warehousing and wholesaling units
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In the automotive industry, the person who is responsible for translating customer requirements into actual orders and arranges delivery dates is the ...
supply manager
purchasing manager
production manager
supply chain manager
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It is estimated that the logistics costs of a new car are about:
10-20%
20-25%
25-30%
30-40%
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Poor supply chain management practices can __________ to an otherwise excellent marketing strategy.
do serious damage
make SWOT analysis difficult
keep people working
mean quarter lessons
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The physical characteristics of a product will often dictate what:
types of sales can be made
forms of sales promotion to be used
types of instructions needed
kinds of transportation can be used
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Pricing interacts with a supply chain in many ways. For instance, transportation rate structures are adjusted by the carrier based on:
cost to unload
the size of the shipment
local currency rates
the logistics costs concept
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The total logistics cost includes expenses associated with transportation, materials handling and:
customer complaints, cost of food and highway usage taxes
warehousing, inventory, stock outs and order processing
inventory control with sales forecasting
stock outage control with sales forecasting
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The total logistics cost factors need to be balanced against the:
supply chain managers total experience
total expected transportation needs
customer service factors
lead time expectations
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Lead time and order cycle time are the same as:
customer service time
supply chain flow
logistical clockage
replenishment time
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Dependability is the consistency of:
replenishment
efficient consumer response
supply chain manager
the ebb and flow of goods
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IBM plans to do business with its suppliers on the Internet or through _________ by the year 2000.
POS
JIT
CRM
EDI
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The seller must concentrate on removing unnecessary barriers to:
quick response orientation
customer convenience
transportation modes
facilitate piggy-back operation
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There are five basic transportation modes. They are air carrier, motor carrier, and:
pipelines, railways an water carriers
railways, ocean vessels and dirigibles
trucks, canals and robotics
water routes, railways and trucks
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Rail has the largest shipping capacity compared to all except:
pipeline
air carrier
water carrier
motor carrier
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TOFC is the same as:
piggyback
total fleet command
tri-optic float carrier
one-way dispatching
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Air freight is costly, but its speed may create savings because of:
the extensive airport availability’s
lower inventory
getting to store shelves before water carriers
lower costs created by FIFO
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A reason to carry inventory would include:
to have tax write-off opportunities
having a wide variety to meet customer expectations
to increase ways to use the product
to promote purchasing and transportation discounts
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Saturn’s manufacturing operations in Spring Hill, Tennessee, uses a sophisticated system called:
JIT
OJT
OJE
POP