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Logistic & SCM QB Tybms

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MULTIPLE CHOICE QUESTIONS

1. Is a set of organizations directly linked by one or more of the upstream &


downstream.
A) supply chain management
B) production process
C) marketing strategy
D) manufacturing

2. is the key link between logistics & marketing.


A) supply chain management
B) production process
C) customer service
D) manufacturing

3. refers to procedures and step instituted by a logistics company to minimize its


waste and other negative effects on the environment.
A) Logistics
B) Request for tender
C) Green logistics
D) Reverse logistics

4. is an invisible element but important aspect of logistics.


A) Information management
B) Inventory ratio
C) Performance index
D) Productivity

5. refers to providing customer with alternative product during repairs or


service of original product to avoid inconvenience to customer.
A) product loaning
B) product tracing
C) after sales service
D) system flexibility

6. logistics is a concept.
A) Broader
B) Narrower
C) No effect on country transport system
D) Costing

7. forecasting uses an average of the most recent period's sales.


A) Qualitative method
B) Moving average
C) Delphi method
D) Naïve approach

8. technique is used to estimate demand for correlated products.


A) exponential smoothing
B) extended smoothing
C) time series method
D) casual

9. involves grouping up of small shipments into a large shipment.


A) supply chain
B) product recall
C) product loaning
D) movement consolidation

10. is concerned with physical distribution of product to the customers.


A) inbound logistics
B) outbound logistics
C) in process logistics
D) green logistics

11. Distributors are companies that take inventory in bulk from producers and
deliver a bundle of related product lines to customers.
A) suppliers
B) customers
C) distributors
D) manufacturer
12. Channel management involves creating operational strategies that go beyond a single
organization.
A) channel management
B) channel integration
C) reverse logistics
D) integrated logistics

13. refers to moving product from point of consumption to point of origin.


A. Green Logistics
B. Procurement Cycle
C. Downstream Logistics
D. Reverse Logistics

14. is a combination of roadway & water way


A. Fishy back
B. Birdy back
C. Piggy back
D. Piggy bank

15. The combination of two or more modes of transportation is called as


transportation
A. Unimodal
B. Multimodal
C. Two way
D. Express

16. when goods are transported from one location to another, it creates Place utility.
A. Time
B. Place
C. Price
D. Product

17. Cost per unit of weight when size of the shipment increases.
A. Increases
B. Decreases
C. Remains unchanged
D. Accelerates

18. Transportation can be used for apart from the primary function of
product movement
A. Assembly
B. Production
C. Storage
D. Packaging

19. is the advantage of public warehouse


A. Operational flexibility
B. Geographical flexibility
C. Timely availability
D. Customizable service

20. is reducing weight of the consignment to fully utilize carrying capacity of the
vehicle.
A. Unitization
B. Cube minimization.
C. Weight minimization
D. Grouping

21. is a flat tray upon which several articles can be placed for material handling
purpose
A. Palletization
B. Forklift truck
C. Trolley
D. Containerization

22. packaging is meant for material handling


A. Industrial
B. Consumer
C. Artististic
D. Designer

23. packaging is meant for marketing purpose


A. Industrial
B. Consumer
C. Artistic
D. Designer

24. which of the following is not a function of packaging?


A. Cube minimization
B. Grouping
C. Weight minimization
D. Assortment

25. which of the following is not associated with industrial packaging?


A. Communication of information
B. Protection of the product
C. Promotion of the product
D. Handling of the product

26. Total cost approach is .


A. Traditional profit and loss and balance sheet
B. Combination of ABC and MBC
C. All cost Centre added to get overall cost
D. Cumulative cost method

27. Setting cost drivers of various activities in an organisation is one of the steps in A .
A. Activity based costing
B. Mission based costing
C. Total cost analysis
D. Traditional costing method

28. KPI stands for .


A. Key performance indicator
B. Key product indicator
C. Key performance index
D. Key preference indicator

29. The following type of costs are usually involved in inventory decisions except.
A. Machining cost
B. Cost of stock outs
C. Inventory carrying cost
D. Ordering cost

30. Mrp-1 stands for _.


A. Management reaction planning
B. Master resource production
C. Manufacturing resources planning
D. Materials requirement planning
31. production scheduling system used in lean and just in time manufacturing.
A. KANBAN
B. QR
C. CR
D. AR

32. ABC analysis is based on criterion.


A. Seasonality
B. Unit price
C. Usage value
D. Critically of them

33. calculate reorder level when the average lead time is two weeks, average demand
per week is 2000 units and safety stock assumed is 500 units.
A. 2000
B. 2500
C. 4000
D. 4500

34. is an order where 7 r’s are satisfied.


A. Perfect order
B. Complete order
C. Response order
D. Reverse order.

35. Under system, review period is fixed but quantity is variable.


A. P
B. Q
C. Y
D. Z

36. The time between placing and order and its receipt in stock is known as .
A. Lead time
B. Procurement time
C. Response time
D. Fill rate

37. Customer perception measurement is an _ performance measure.


A. External
B. Internal
C. Diagonal
D. Congruent

38. Roro shipping is particularly beneficial to .


A. Importer and exporters of equipment
B. Import and export of cargo
C. Import and export of wheeled automobiles
D. Import and export of gems and jewelry

39. All shipment via central distribution Centre implies.


A. Goods are directly sent to buyers’ location
B. Suppliers send goods to distribution Centre
C. Goods are sent to distribution Centre and then forwarded to each buyer’s location
D. Good are sent from one distribution Centre to another

40. scanners are most visible in the checkout counter of super market.
A. Bar code
B. EDI
C. Data warehousing
D. ERP

41. Provides a fast and high-volume channel for information movement around the globe.
A. EDI
B. RFID
C. SATELLITE COMMUNICATION
D. ERP

42. is the use of an object applied to or incorporated into a product, for


the purpose of identification and tracking using radio waves.
A. EDI
B. RFID
C. Data warehousing
D. ERP

43. is a term used to describe the wide range of tools and techniques utilize to
conduct business in a paperless environment.
A. EDI
B. Electronic commerce
C. ERP
D. Satellite communication

44. ERP refers to .


A. Enterprise resource planning
B. Electronic reference platform
C. Easy reading paper
D. Enterprise reader policy

45. is the study, design, creation, utilization, support and management of


computer-based information systems.
A. Information technology
B. supply chain
C. transportation
D. material handling
46. Information flow within the organization is termed as .
A. External information system
B. Departmental information system
C. Confidential information system
D. Internal information system

47. Logistics information system combine and to manage,


control and measure the logistics activities.
A. Internal, external
B. Upward, downward
C. Wide, narrow
D. Hardware, software

48. is a promise of value to be delivered, communicated and


acknowledged.
A. Value guarantee
B. Value promise
C. Value proposition
D. Value surety

49. A process in which a company delegates some of its in-house information/processes


to the other company is known as .
A. Delegation
B. allocation
C. allotment
D. outsourcing

50. One of the following is not the objective of outsourcing.


A. Acquire new skill
B. Reduce operating cost
C. Avoid labour problem
D. Reducing the profit margin

51. creates time utility by storing the product until they are needed.
A. Material Handling
B. Packaging
C. Warehousing
D. Transportation
52. In case of the client is expected to enter into a contract for a specific period
of time.
A. Public Warehousing
B. Private Warehousing
C. Contract Warehousing
D. Transportation

53. are devices which move material vertically & horizontally in a limited area.

A. Warehousing
B. Hoists
C. Elevators
D. Transportation

54. is target based or budgetary costing.


A. Activity based costing
B. Mission based costing
C. Total cost analysis
D. Traditional costing method

55. is necessary to evaluate whether logistics activities are efficient and effective.
A. Decisions
B. Performance Measurement
C. Testing
D. Quality Control

56. The System refers to the practice of loading barges aboard a large vessel for
transport.
A. RORO
B. RFID
C. EDI
D. LASH

57. is a railway route which is dedicated to freight traffic movement only.


A. RORO
B. Dedicated Freight corridor
C. Logistics Park
D. LASH
58. generally, owns and manages the assets (like manpower, warehouse, fleet etc.)
A. 3PL
B. 2PL
C. 4PL
D. Logistics network

59. are common as ships wait for others to clear harbor facilities.
A. Unit train
B. Port delays
C. Barcode Stellar
D. LASH

60. cost is the cost resulting out of damage or deterioration during handling
and updated list of inventory.
A. Obsolescence Cost
B. Inventory Carrying Cost
C. Ordering Cost
D. Replacement Cost
QUESTION NO ANSWER
1 A
2 C
3 C
4 A
5 A
6 B
7 B
8 D
9 D
10 B
11 C
12 A
13 D
14 A
15 B
16 B
17 B
18 C
19 B
20 C
21 A
22 A
23 B
24 D
25 C
26 C
27 A
28 A
29 A
30 D
31 A
32 C
33 D
34 A
35 A
36 A
37 A
38 C
39 C
40 A
41 C
42 B
43 B
44 A
45 A
46 D
47 D
48 C
49 D
50 D
51 C
52 C
53 B
54 B
55 B
56 D
57 B
58 A
59 B
60 A

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