Multiple Choice Questions for Logistics Management (Answer key included)

QUESTION BANK OF MULTIPLE CHOICES FOR QUIZ

Choose the correct Answer:

1. ……………….includes design and administration of systems to control the flow of materials, WIP and finished inventory to support business unit strategy.

a. Logistics Management

b. Materials Management

c. Bill of Materials

d. All of these

2. Which is not a part of basic systems of codifications?

a. Alphabetical System

b. Numerical System

c. Color Coding System

d. None of the above

3. ……………and physical distribution are the two major operations of logistics.

a. Supply Chain Management

b. Materials Management

c. Logistics Management

d. All of these

4. …………is the time that elapses between issuing replenishment order and receiving the material in stores.

a. Replenishment time

b. Lead time

c. Idle time

d. None of these

5. ……………is the task of buying goods of right quality, in the right quantities, at the right time and at the right price.

a. Supplying

b. Purchasing

c. Scrutinizing

d. All of these

6. Which of the following is not a component of 4PL?

a. Control Room (Intelligence)

b. Resource Providers

c. Information

d. Recycling

7. Which of the following is not a part of Supply chain Management system?

a. Supplier

b. Manufacturer

c. Information Flow

d. Competitor

8. ……………………..is the provision of service to customers before, during and after a purchase.

a. Customer Service

b. Product Management

c. Purchase management

d. None of these

9. Buying according to the requirements is called …………

a. Seasonal Buying

b. Hand to mouth buying

c. Scheduled Buying

d. Tender Buying

10 In Porter’s Value Chain, which primary activity is the one involved with receipt of goods, warehousing and inventory control?

a. Marketing and sales

b. Inbound logistics

c. Operations

d. Outbound logistics

11 What is the goods movement status of the outbound delivery after a goods issue has been cancelled?

a. Cancelled

b. Restarted

c. Not yet started

d. Reversed sign

12 What is the requirement for the Purchase order items that are included when the inbound delivery is created?

a. They should have material control key

b. They should have confirmation control key

c. Planned confirmation key

d. Order item confirmation key

13 You must always specify a batch before goods are issued. What is the solution if the delivery quantities of an item are to be taken from different batches?

a. In Ware house Management

b. Manually in the batch split screen of the delivery item

c. Using automatic batch determination when creating the outbound delivery

d. All of these

14 Logistics has moved into business to move, lodge and supply inputs and outputs.

(a)    True (b) False

15 The objective of minimum variance involves ass’s commitment and relative turn Velocity.

(a)    True (b) False

16 Transportation cost is not directly related to the type of product, size of shipment, and distance.

(a)    True (b) False

17 What are Elements of Logistics System?

a. Transportation

b. Warehousing

c. Inventory Management

d. All of these

18 Logistics systems are made up of three main activities:

a. Order processing

b. Inventory management

c. Both (a) and (b)

d. None of these

19 Inventory management is a key issue in logistics system planning and operations.

(a)    True (b) False

20 Freight transportation often accounts for even two-thirds of the total logistics cost and has a major impact on the level of customer service.

(a)    True (b) False

21. "Lean Operations" refers to the task of reducing the defect rates in a firm's products or services.
     (a) True    (b) False

22. Misalignments between operations and product design can occur in technology, infrastructure, and rewards systems.
     (a) True    (b) False

23. In supply chain improvement, it is often necessary to reduce the setup time of equipment dramatically so that smaller lots of the product can be economically produced. 

     (a) True    (b) False

24. Final consumers can be found farthest downstream in the supply chain.
     (a) True    (b) False

25. Delivery has three measures: on-time delivery, fill rate, and unit cost.

     (a) True    (b) False

Answers for Self Assessment Questions

1. (a) 2.(d) 3.(b) 4.(b) 5.(b) 6.(d) 7.(d) 8.(a) 9.(b) 10.(b)

11.(c) 12.(b) 13.(d) 14.(a) 15.(a) 16.(b) 17.(d) 18.(c) 19.(a) 20.(a) 21. (b) 22. (a) 23. (a) 24. (a) 25. (b)