Supply Chain - 2 - MCQ PDF

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Summary

MCQ...

Description

In Supply Chain Management, ATP stands for _________. o

Acquire Track & Perform

o

Available To Promise

o

Active Transport Protocol

o

Access To Point View Answer Available To Promise The purpose of supply chain management is to_______.

o

increase the production level

o

manage and integrate supply and demand management

o

enhance the quality of a product and services

o

provide satisfaction to the customer View Correct Answer To integrate supply and demand management ________is the primary activity of supply chain management.

o

Demand Management

o

Supply Planning i.e matching assets with demand

o

Analytics Workbench

o

All of the above View Correct Answer All of the above Another important purpose of supply chain management is to ___________.

o

make inventory readily available

o

delight customers and suppliers

o

create warehouses at various locations

o

to promote supply chain process View Answer SEE ALSO: MCQs on Heat Transfer (Physics) with Answers

make inventory readily available ________is mainly deals with all activities associated with the flow and transformation and information of goods from the stage of raw material to the end user i.e. consumption. o

Marketing Channel

o

Production Line

o

Supply Chain

o

Inventory management View Answer Supply Chain In supply chain management, Inspection, scrap and repair are examples of ________.

o

Societal Costs

o

External Costs

o

Costs of dissatisfaction

o

Internal Costs View Answer Internal Costs

____________ is a Japanese term meaning continuous improvement. o

JIT

o

Kaizen

o

TQM

o

Taguchi Map View Answer Kaizen EOQ stands for ____

o

Electronic Obtained quantity

o

Electronic Ordered Quantity

o

Economic Order Quality

o

Economic Order Quantity View Answer Economic Order Quantity Organisations or companies manage their supply chains through _______.

o

Transportation modes

o

The internet

o

Information

o

Skilled Operators View Answer Information The concept and philosophy of supply chain management evolved or emerged in _______

o

The 1960s

o

The 1970s

o

The 1980s

o

The 1990s View Answer The 1980s Full form of MRP in operations and SCM is ___________

o

Material Return Process

o

Material Requirement Planning

o

Machinery Repairing Planning

o

Material Retention Planning View Answer Material Requirement Planning The concept of supply chain management originated in ________________ discipline.

o

Production Management

o

Logistics Management

o

Marketing

o

Operations Management View Answer Logistics In operations & supply chain management, Kaizen is a Japanese term meaning __________.

o

Change for the better

o

Continuous Performance

o

Top-level quality

o

Use of Kaizala app View Answer Change for the better According to Frankel, Bolumole, Eltantawy, Paulraj& Gundlach, (2008), these are the four functions identified as foundational – operations, logistics, supply management, __________.

o

Marketing

o

Production

o

Materials

o

Procurement View Answer SEE ALSO: MCQs on Motion in One Dimension with Answers (Physics)

Marketing Positive long-term relationships between supply chain participants refer to ______ o

Supply chain management

o

Partnerships

o

Cooperations

o

Co-alliances View Answer Partnerships

Supply chain management is the management of the ____________. o

Storage Raw Materials

o

Flow of goods and services

o

Fullfillment of order

o

Satisfaction of customer View Answer Flow of goods and services ______ is not a part of flows involved in supply chain management.

o

Information Flow

o

Title Flow

o

Physical Flow

o

Virtual Flow View Answer Virtual Flow ___________ involve the transformation, movement, and storage of goods and materials.

o

Virtual Flow

o

Physical Flow

o

Title Flow

o

Information Flow View Answer Physical Flow

A supply chain is a sequence of firms that perform activities required to ______ o

to facilitate wholesalers inventory selections

o

to create synergy in their training programs

o

to find products that are similar

o

to create and deliver goods to consumers View Answer to create and deliver goods to consumers This is all about supply chain management MCQ for students. This set can be used for other management subjects like OSCM, International supply chain management, Logistics management and operations management....