MCQ Bank
Which of the following are the main modes of transportation in supply chain management?
- A) Road, Internet, Air, Water, Email
- B) Rail, Bicycle, Air, Water, Pipeline
- C) Road, Rail, Sea, Telephone, Pipeline
- D) Road, Rail, Air, Water, Pipeline
Ropeways in supply chain and logistics are primarily used for:
- A) Shipping large containers over long distances by sea
- B) Transporting goods over rough terrain or hilly areas
- C) Fast air delivery of perishable goods
- D) Transporting liquids through pipelines
Improved forecasts in a supply chain primarily help to:
- A) Reduce inventory costs and stockouts
- B) Increase supplier uncertainty
- C) Increase lead times
- D) Eliminate the need for safety stock
Managers can leverage supply chain profitability by all of the following, except:
- A) Increased stockout
- B) Postponement
- C) Improved forecasting
- D) Tailored sourcing
In Product-Based Tailored Sourcing, high-volume products with less demand uncertainty are obtained from:
- A) An efficient source
- B) Multiple sources
- C) A flexible source
- D) An uncertain source
Tailored postponement in supply chain management refers to:
- A) Increasing inventory of finished goods to meet uncertain demand
- B) Customizing sourcing strategies based on product demand
- C) Delaying final product customization or assembly until customer demand is known
- D) Producing all products in advance regardless of demand
Road transport is most suitable for:
- A) Bulk goods over very long distances
- B) Fast international shipping
- C) Flexible, door-to-door delivery over short to medium distances
- D) Liquids and gases in pipelines
A quick response strategy in supply chain management primarily aims to:
- A) Increase lead times for production
- B) Reduce inventory holding and improve responsiveness to customer demand
- C) Eliminate the need for forecasting
- D) Maximize overstock to avoid stockouts
The primary role of transportation in a supply chain is to:
- A) Move the products from one location to another
- B) Increase production costs intentionally
- C) Eliminate the need for inventory
- D) Reduce product quality
If cost of a product is Rs.100, price is Rs.250 and salvage value is Rs.80, then what is the cost of understocking?
- A) Rs.100
- B) Rs.150
- C)
- D)
Which of the following is not a mode of transportation?
- A) None of the given options
- B) Rail
- C) Truck
- D) Pipeline
Which of the following does not contribute to increasing supply chain profitability?
- A) Increasing Salvage Value
- B) Decreasing the Salvage Value
- C) Reducing demand uncertainty
- D) Decreasing Margin Lost from Stock out
Tailored sourcing in supply chain management refers to:
- A) Delaying product customization until customer demand is known
- B) Customizing sourcing strategies based on the product’s demand characteristics
- C)
- D)
Increasing the salvage value of a seasonal product increases the:
- A) Visibility
- B) Profitability
- C) Ordering Cost
- D) Uncertainty
As the lead time decreases, the implied demand uncertainty:
- A) No relationship exists
- B) Decreases
- C) Remains same
- D) Increases
The inventory that is kept to meet the unexpected increase in demand is called:
- A) Cycle Inventory
- B) Safety Inventory
- C) Surplus Inventory
- D) Seasonal Inventory
Which of the following is NOT a feature of Responsive Supply Chains?
- A) Supply demand at the lowest cost
- B) Higher margins as price is not a prime customer driver
- C) Creating Modularity in products
- D) Selecting Supplier on the basis of speed, reliability, flexibility and quality
_______ refers to ‘what the customer has paid’ minus ‘total cost expended by supply chain’ in filling order.
- A) Organizational profit
- B) Supply chain surplus
- C) Sales revenue
- D) Operational profit
Which of the following scopes of strategic fit results in the maximization of supply chain surplus?
- A) Inter-company inter-functional scope
- B) Intra-company inter-functional scope
- C) Intra-company intra-operation scope
- D) Intra-company intra-functional scope
Which of the following refers to Supply chain management strategy?
- A) Positioning of Product
- B) Storage and delivery of product
- C) Pricing of Product
- D) Promotion of Product