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This set of Supply Chain Management Multiple Choice Questions & Answers (MCQs) focuses on Supply Chain Management Set 5
Q1 | The goal of logistics is
- to achieve a target level of customer service at lowest possible cost
- to achieve targeted level of customer service.
- increase in the market share.
- all of the above.
Q2 | In the product life cycle, the emphasis in marketing mix during growth stage is
- distribution.
- promotion.
- price.
- cost reduction.
Q3 | In the product life cycle, the emphasis in marketing mix during maturity stage is
- distribution.
- promotion.
- price.
- cost reduction.
Q4 | In the product life cycle, the emphasis in marketing mix during decline stage is
- distribution.
- promotion.
- price.
- cost reduction.
Q5 | The concept of logistics has been systematically divided into
- 2 phases.
- 3 phases.
- 4 phases.
- 5 phases.
Q6 | Michael porter explained the concept of
- motivation.
- cost advantage.
- competitive advantage.
- quest for quality.
Q7 | EDI stands for
- electronic data interface.
- electronic data interchange.
- electronic distribution intermediary.
- electronic documentation interchange.
Q8 | EOQ stands for
- electronic ordered quantity
- economic order quantity
- economic order quality
- electronic obtained quantity
Q9 | Packaging performs two functions. ___________ and logistics.
- distribution.
- store keeping.
- material handling.
- marketing.
Q10 | Form utility is created by
- operation function.
- logistics function.
- procurement function.
- distribution function.
Q11 | Place utility is created by
- operation function.
- logistics function.
- procurement function.
- distribution function.
Q12 | Time utility is created by
- operation function.
- logistics function.
- procurement function.
- distribution function.
Q13 | MRP stands for
- material requirement planning.
- manpower recruitment process.
- machine repair plan.
- mechanical re-engineering process.
Q14 | MPS stands for
- manpower placement structure.
- master production schedule.
- manpower placement schedule.
- material processing schedule.
Q15 | Master planning in the planning hierarchy
- determines the direction of business.
- creates the capacity.
- involves the functional planning.
- provides specification for manufacturing.
Q16 | Master scheduling is the process that
- determines the direction of business.
- creates the capacity.
- involves the functional planning.
- provides specification for manufacturing.
Q17 | Customer order processing level is that
- determines the direction of business.
- creates the capacity.
- involves the functional planning.
- provides specification for manufacturing.
Q18 | Master planning deals with
- customer interface.
- marketing interface.
- supplier interface.
- manufacturing interface.
Q19 | The service mission of logistics
- reflect the vision of top management.
- deal with basic services required for delivering of goods.
- refers to the value-added services offered.
- reflects the ability of firm to exploit market.
Q20 | Firm infrastructure is __________ in the generic value chain of logistics
- a support activity.
- a primary activity.
- not an activity.
- the only activity.
Q21 | Inbound and outbound logistics is _________ in the generic value chain oflogistics.
- a support activity.
- a primary activity.
- not an activity.
- the only activity.
Q22 | HRM is _________ in the generic value chain of logistics.
- a support activity.
- a primary activity.
- not an activity.
- the only activity.
Q23 | Marketing and sales is ___________ in the generic value chain of logistics.
- a support activity.
- a primary activity.
- not an activity.
- the only activity.
Q24 | Competitive advantage can be created and achieved by logistics managers by
- cost advantage.
- quality.
- value advantage.
- cost and value advantage.
Q25 | Real time communication of information regarding requirements and availabilityof logistics service is the core of
- right response.
- right quality.
- right quantity.
- right value.