Logistic Supply And Chain Management Set 3

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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 3

Q1 | The ………….component is long range general movement in periodic sales over sufficientlong period of time.
  • Demand
  • Sales
  • Price
  • Trend
Answer: Trend
Q2 | The ……………. Forecasting approach is a decentralized approach.
  • Demand
  • Trend
  • Supply
  • Bottom up
Answer: Bottom up
Q3 | ……………….is the process of planning implementation and control of transportationservices to achieve organization goals.
  • Logistics Management
  • Transportation Management
  • Supply Chain Management
  • Distribution Management
Answer: Transportation Management
Q4 | Transportation serves as a ……………. During the movement of product.
  • In-transit storage
  • Warehouse
  • Product storage
  • Movement
Answer: In-transit storage
Q5 | The………… type of material handling system is the simplest and cheapest form of materialhandling system.
  • Manual system
  • Mechanized system
  • Semi-automated system
  • Automated system
Answer: Manual system
Q6 | Conveyor belt facilitate continuous movement of material over a ………. Route.
  • Fixed
  • Flexible
  • Rotational
  • Safe
Answer: Fixed
Q7 | A………is a set of customer service goals which are to be achieved within a specificcombination or mix of products and customer segment.
  • Mission
  • Objective
  • Vision
  • Target
Answer: Mission
Q8 | ABC focuses on…………..activities.
  • Important
  • Individual
  • Logistics
  • Procurement
Answer: Individual
Q9 | …………….is the method of sorting, transporting and distributing products in unitized orstandardized form in a container.
  • Cold chain logistics
  • ICD
  • Containerization
  • DFC
Answer: Containerization
Q10 | …………..occurs when a company retains another business to perform some of its workactivities.
  • Outsourcing
  • KPO
  • 3PL
  • 4PL
Answer: Outsourcing
Q11 | ……………..is the most economical mode of transportation.
  • Road transport
  • Railway transport
  • Water transport
  • Air tr
Answer: Road transport
Q12 | ………….is the most suitable for transportation of fluids.
  • Road transport
  • Railway transport
  • Water transport
  • Pipeline
Answer: Pipeline
Q13 | ………….cost is one-time costs.
  • Fixed
  • Variable
  • Joint
  • Common
Answer: Fixed
Q14 | ………….cost is directly proportional to the volume of activity.
  • Fixed
  • Variable
  • Joint
  • Common
Answer: Variable
Q15 | ………….comprises of raw materials, components, and fuels, etc. which are required tofacilitate manufacturing operations.
  • Raw material inventory
  • Work in process inventory
  • Finished goods inventory
  • Average inventory
Answer: Raw material inventory
Q16 | ………… is not the type of inventory based on inventory position in the supply chain.
  • Supplier
  • Manufacturer
  • Retailer
  • Customer
Answer: Customer
Q17 | The objective of outbound supply chain is to make the product available to the………
  • Customer
  • Retailor
  • Whole seller
  • Supplier
Answer: Customer
Q18 | Supply chain management has its own origin in operation of …….. Enterprise.
  • Business
  • Trading
  • Non profit
  • Social
Answer: Business
Q19 | Which one of the following is not the qualitative technique of forecasting?
  • Jury of executive opinion
  • Delphi method
  • Market research method
  • Casual method
Answer: Casual method
Q20 | In……….analysis, the parameters of classification is whether seasonal or non-seasonalmaterials.
  • SOS
  • SDE
  • ABC
  • HML
Answer: SOS
Q21 | ………….is related with checking whether the goals and objectives formulated earlier havebeen achieved or not.
  • Benchmarking
  • ABC Analysis
  • Goal achievement
  • Resource development
Answer: Goal achievement
Q22 | _______ are meant to store products for moderate to long period of time.
  • Storage warehouses
  • Distribution warehouses
  • Automated warehouses
  • Private warehouse
Answer: Storage warehouses
Q23 | 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.
Answer: All of the above.
Q24 | In the product life cycle, the emphasis in marketing mix during growth stage is
  • Distribution.
  • Promotion.
  • Price.
  • Cost reduction.
Answer: Distribution.
Q25 | In the product life cycle, the emphasis in marketing mix during maturity stage is
  • Distribution.
  • Promotion.
  • Price.
  • Cost reduction.
Answer: Price.
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