Logistic Supply And Chain Management Set 2

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This set of Logistic Supply and Chain Management Multiple Choice Questions & Answers (MCQs) focuses on Logistic Supply And Chain Management Set 2

Q1 | ………….is concerned with a firm’s ability to satisfy customer’s requirement in timelymanner.
  • Minimum Inventory
  • Price stabilization
  • Quality
  • Rapid Responses
Q2 | The purpose of ……….is to arrive at a realistic projection of demand patters across differentmarket and for different product lines.
  • Demand forecasting
  • Speculation
  • Logistics
  • Supply chain management
Q3 | Buying according to the requirements is called …………
  • Seasonal Buying
  • Scheduled Buying
  • Tender Buying
  • Hand to mouth buying
Q4 | Following is not type of Piggy-Back……………..
  • LASH
  • TTFC
  • COFC
  • TOFC
Q5 | Special purpose material handling equipment are used in ………….
  • Line layout
  • Process layout
  • In-land layout
  • Warehousing
Q6 | The ………….system should be designed after analysing the needs for the organization.
  • Warehousing
  • Logistics
  • Material handling
  • Distribution
Q7 | EOQ is that order quantity which result in …………total inventory cost.
  • Maximum
  • Minimum
  • Carrying
  • Average
Q8 | Re-order level depends upon two factors, lead time and ……….
  • Inventory
  • Warehouse
  • Procurement
  • Safety stock
Q9 | ………….is the invisible element in the system which is the facilitator of other function.
  • Information
  • Logistics
  • EDI
  • ADC
Q10 | ……………is developed to identify marketing and financial objectives of the firm.
  • LIS
  • Strategy
  • Plan
  • Information System
Q11 | ………..is most suitable for remote and hilly areas.
  • Road transport
  • Railway transport
  • Water transport
  • Pipeline
Q12 | …………is the fastest mode of transport.
  • Road transport
  • Railway transport
  • Water transport
  • Air Tr
Q13 | When air transport is used in combination with road or rail transport, it is called……….
  • Piggy Back
  • Fishy back
  • Birdy back
  • Land bridge
Q14 | ………….means using land transport i.e. rail or road transport to connect two separatewater transport.
  • Piggy Back
  • Fishy back
  • LASH
  • Land bridge
Q15 | …………are used for vertical movement of materials, generally from one floor to another.
  • Conveyor belts
  • Cranes
  • Elevators
  • Towlines
Q16 | ………..can move carton loads or pallet loads horizontally or vertically.
  • Conveyor belts
  • Cranes
  • Elevators
  • Forklift trucks
Q17 | Customer service create time and ………. utility for the customer.
  • distribution
  • supply
  • place
  • sales
Q18 | …….. represent the frequency of satisfying customer order in given span of time.
  • order cycle time
  • fill rate
  • perfect order
  • system flexibility
Q19 | Intermediaries play an important role in matching…………..
  • product to tegion
  • demand & supply
  • information & promotion
  • dealer with customer
Q20 | …………analysis, parameters for classification of inventory is unit price of material.
  • ABC Analysis
  • EOQ
  • HML Analysis
  • GOLF
Q21 | In ……….analysis, classification parameter is nature of source of supply.
  • ABC
  • EOQ
  • HML
  • GOLF
Q22 | Market logistics planning has ________ steps.
  • Three
  • Four
  • Two
  • Five
Q23 | Which of the following is not included in logistics process.
  • Implementing the plan for flow of goods & services.
  • planning the physical flow of goods & services
  • Controlling the physical flow of goods services & information.
  • gathering customer ideas for new product
Q24 | 3-PL stands for
  • Three points logistics
  • Third party logistics
  • Three points location
  • The Party Logistics
Q25 | Which of the following is not a part of supply chain management system?
  • Supplier
  • Manufacturer
  • Information Flow
  • Competitor