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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 4
Q1 | In the product life cycle, the emphasis in marketing mix during decline stage is
- Distribution.
- Promotion.
- Price.
- Cost reduction.
Q2 | The concept of logistics has been systematically divided into
- 2 phases.
- 3 phases.
- 4 phases.
- 5 phases.
Q3 | Michael porter explained the concept of
- Motivation.
- Cost advantage.
- Competitive advantage.
- Quest for quality.
Q4 | EDI stands for
- Electronic Data Interface.
- Electronic Data Interchange.
- Electronic Distribution Intermediary.
- Electronic Documentation Interchange.
Q5 | EOQ stands for
- Electronic Ordered Quantity
- Economic Order Quantity
- Economic Order Quality
- Electronic Obtained quantity
Q6 | Packaging performs two functions. and logistics.
- Distribution.
- Store keeping.
- Material handling.
- Marketing.
Q7 | Form utility is created by
- Operation function.
- Logistics function.
- Procurement function.
- Distribution function.
Q8 | Place utility is created by
- Operation function.
- Logistics function.
- Procurement function.
- Distribution function.
Q9 | Time utility is created by
- Operation function.
- Logistics function.
- Procurement function.
- Distribution function.
Q10 | MRP standsfor
- Material requirement planning.
- Manpower recruitment process.
- Machine repair plan.
- Mechanical re-engineering process.
Q11 | MPS stands for
- Manpower placement structure.
- Master production schedule.
- Manpower placement schedule.
- Material processing schedule.
Q12 | Master planning in the planning hierarchy
- determines the direction of business.
- creates the capacity.
- involves the functional planning.
- provides specification for manufacturing.
Q13 | Master scheduling is the process that
- determines the direction of business.
- creates the capacity.
- involves the functional planning.
- provides specification for manufacturing.
Q14 | Customer order processing level isthat
- determines the direction of business.
- creates the capacity.
- involves the functional planning.
- provides specification for manufacturing.
Q15 | Master planning deals with
- customer interface.
- marketing interface.
- supplier interface.
- manufacturing interface.
Q16 | 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.
Q17 | Firm infrastructure is
- a support activity.
- a primary activity.
- not an activity.
- the only activity.
Q18 | Inbound and outbound logistics is
- a support activity.
- a primary activity.
- not an activity.
- the only activity.
Q19 | HRM is in the generic value chain of logistics.
- a support activity.
- a primary activity.
- not an activity.
- the only activity.
Q20 | Marketing and sales is in the generic value chain of logistics.
- a support activity.
- a primary activity.
- not an activity.
- the only activity.
Q21 | Competitive advantage can be created and achieved by logistics managers by
- cost advantage.
- Quality.
- value advantage.
- cost and value advantage.
Q22 | Real time communication of information regarding requirements and availability of logistics service is the core of
- right response.
- right quality.
- right quantity.
- right value.
Q23 | The maintenance of a minimum possible level of inventory required for a desired level of customer service is the objective of
- right response.
- right quality.
- right quantity.
- right value.
Q24 | The logistical objective that ensures a proper balance between total logistics cost and a desired level of customer service performance is
- right response.
- right quality.
- right cost trade off.
- right information.
Q25 | Just in time is a practice followed in
- Japan.
- America.
- Britain.
- China.