Supply Chain and Logistics Management MCQ with Answers

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Online MCQ Quiz of Supply Chain and Logistics Management

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Supply Chain and Logistics Management

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Q: Shipments of hazardous materials or dangerous goods

A. have special information and symbols (labels, placards, etc.)

B. are defined in the ASTM D5445 "Standard Practice for Pictorial Markings for Handling of Goods" and ISO 780

C. Pictorial marking for handling of goods

D. All of above are true

2 / 20

Q: E-procurement Risks include except :

A. Missing opportunities to implement strategies that improve procurement management without the need for investment in e-procurement.

B. Corporate buying strategies that offer value for money, do not need electronic tools.

C. Another risk is over-investment in e-procurement tools that do not deliver the expected benefits

D. Does not use any electronic software

3 / 20

Q: E-procurement advantages include

A. E-procur' sys' offer visibility and control

B. efficiency, transparency, equity, fairness and encouragement of local business

C. Reduces competition

D. lowers transaction costs

4 / 20

Q: Major Attributes of Wireless Technology include

A. Fixed wireless

B. Mobile wireless/ Portable wireless

C. IR wireless

D. All of the above

5 / 20

Q: GPS Stands for

A. Geographical Physical System

B. Geographical Positioning System

C. Global positioning system

D. None of the above

6 / 20

Q: A data mart is

A. a structure / access pattern specific to data warehouse environments

B. used to retrieve client-facing data

C. is a subset of DWH and is usually oriented to a specific business line or team.

D. All above are true

7 / 20

Q: World Wide Web and internet are not true for

A. That they are Same

B. The Internet is a global system of interconnected computer networks

C. WWW is a global collection of documents and other resources

D. None of the above

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Q: The World Wide Web is

A. an information system where documents and other web resources are identified by Uniform Resource Locators

B. It can be interlinked by hypertext, and are accessible over the Internet.

C. The resources of the Web are transferred via the Hypertext Transfer Protocol (HTTP)

D. All of the above

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Q: The difference between Intranet and Extranet

A. An Intranet is owned by a single group while an Extranet extends to users outside the group

B. Intranet users have more access to resources than Extranet users

C. Intranets do not usually go through the Internet while typical Extranets do

D. All of the above

10 / 20

Q: The variability in demand orders among supply chain participants:

A. cannot be controlled

B. refers to the bullwhip effect

C. can be controlled with electronic order placement

D. is more pronounced in relational exchanges ANSWER: B

11 / 20

Q: The correct sequence of an organizations supply chain from a systems perspective is:

A. transformation process, delivery to customers, acquisition of resources.

B. transformation process, acquisition of resources, delivery to customers.

C. acquisition of resources, transformation process, delivery to customers.

D. delivery to customers, acquisition of resources, transformation process

12 / 20

Q: Competitive advantage can be created and achieved by logistics managers by

A. cost advantage.

B. Quality.

C. value advantage.

D. cost and value advantage

13 / 20

Q: Transportation serves as a___During the movement of product.

A. In-transit storage

B. Warehouse

C. Product storaged.

D. Movement

14 / 20

Q: ___is the fastest mode of transport.

A. Road transport

B. Railway transport

C. Water transport

D. Air Transport

15 / 20

Q: Re-order level depends upon two factors, lead time and___

A. Inventory

B. Warehouse

C. Procurement

D. Safety stock

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Q: Logistics system are made up of 3 main activities.

A. order processing

B. inventory management

C. both 'a' and 'b'

D. none of these

17 / 20

Q: Reverse logistics is required because

A. goods are defective

B. goods are unsold

C. the customer simply change their minds

D. all of the above

18 / 20

Q: To reduce inventory management costs , many companies use a system called___, which involves carrying only small inventories of parts or merchandise , often only enough for a few days of operation

A. Reduction inventory management

B. Supply chain management

C. Economic order quantity

D. Just in time logistics

19 / 20

Q: What is the primary objective for material management?

A. Efficient materials planning

B. Maintaining good supplier and customer relationship

C. Supply and distribution of materials

D. All of these

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Q: Procurement methods have considerable impact on___

A. Product pricing

B. Inventory level

C. Warehouse space

D. Transportation modes

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