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True/False
Question
Orders arrive in one batch with a known lead time arriving just as stock is exhausted.
Correct Answer
True
Your Answer
True
True/False
Question
To reconcile JIT and EOQ, we don’t take fixed setup cost and / or variable holding cost as fixed but seek to
reduce them.
Correct Answer
True
Your Answer
True
True/False
Question
There may be a temptation to dismiss the Kaizen concept particularly suited to Japanese mentality.
Correct Answer
True
Your Answer
True
True/False
Question
If you use only Transport Kanban in Kanban process then it is known as simple Kanban process.
Correct Answer
True
Your Answer
True
True/False
Question
EDI helps in Performance Improvement.
Correct Answer
True
Your Answer
True
True/False
Question
Logistics must be treated as cost saving function.
Correct Answer
True
Your Answer
False
True/False
Question
There are no international EDI standards. The user organization require to develop it for their operation only.
Correct Answer
False
Your Answer
True
True/False
Question
The enriching the order decisions with market place information enables the factory to be much more
responsive, since less supply chain Filtering is taking place.
Correct Answer
True
Your Answer
True
True/False
Question
Logistics must be treated as cost saving function.
Correct Answer
True
Your Answer
False
True/False
Question
JIT need to be applied to all stages of process.
Correct Answer
True
Your Answer
True
True/False
Question
The constraints in multiple equation methods will probably be different for different groups.
Correct Answer
True
Your Answer
True
True/False
Question
Postponement does guarantee win win situation under all circumstance in spite of cost involved.
Correct Answer
True
Your Answer
False
True/False
Question
The estimate is that the 3 PL industry will quadruple its size in next five years.
Correct Answer
False
Your Answer
True
True/False
Question
The impact of indirect cost increase is sometimes not limited to company implementing postponement, but
affects the other players in the supply chain.
Correct Answer
True
Your Answer
True
True/False
Question
In practice, the data items for MPS will have normally same value in each week.
Correct Answer
False
Your Answer
True
True/False
Question
Total productivity can be expressed as the overall measure of economic effectiveness.
Correct Answer
True
Your Answer
True
True/False
Question
For a fixed time re-order cycle system, the time at risk is re-order lead time plus the re-order cycle time.
Correct Answer
True
Your Answer
True
True/False
Question
For total productivity, the Japanese concentrate on the indicators of various elements rather than measuring the
output input ratio.
Correct Answer
True
Your Answer
True
True/False
Question
The corporations production Kanban is the card which regulates the suppliers production kanban.
Correct Answer
False
Your Answer
True
True/False
Question
The globalization of supply chain does not change the requirement within supply chain management.
Correct Answer
False
Your Answer
True
True/False
Question
Backorder means an unfilled customer order.
Correct Answer
True
Your Answer
True
True/False
Question
If you use only Transport Kanban in Kanban process then it is known as simple Kanban process.
Correct Answer
True
Your Answer
True
True/False
Question
The marketing effort is somewhat restricted by the necessity to sell leftover products following year.
Correct Answer
True
Your Answer
True
True/False
Question
JIT/TQM are the tools for SCM.
Correct Answer
True
Your Answer
True
True/False
Question
Direct cost increase can be caused by product or process redesign.
Correct Answer
True
Your Answer
True
True/False
Question
The measures suggested by Balloy have limited application, mainly at the strategic rather that operational level.
Correct Answer
False
Your Answer
False
True/False
Question
For a fixed time re-order cycle system, the time at risk is re-order lead time plus the re-order cycle time.
Correct Answer
True
Your Answer
True
True/False
Question
With respect to Procter & Gamble, only way to success is law of industrial dynamics.
Correct Answer
False
Your Answer
True
True/False
Question
There may be a temptation to dismiss the Kaizen concept particularly suited to Japanese mentality.
Correct Answer
True
Your Answer
False
True/False
Question
In order to meet the guarantee to customer for shipment of notebook PC on same day as receipt of order, the
company has to maintain significant amount of inventory.
Correct Answer
True
Your Answer
True
True/False
Question
The key to integration is co-ordination.
Correct Answer
True
Your Answer
True
True/False
Question
In an ideal world we would like a forecasting method for which all errors are near zero.
Correct Answer
False
Your Answer
True
True/False
Question
JIT need to be applied to all stages of process.
Correct Answer
True
Your Answer
True
True/False
Question
Distribution & Warehousing comes under supply chain measurement.
Correct Answer
True
Your Answer
True
True/False
Question
EDI helps in Performance Improvement.
Correct Answer
True
Your Answer
True
True/False
Question
The constant m is called smoothing constant in single exponentially smoothing.
Correct Answer
True
Your Answer
True
True/False
Question
The simulation model can not be related to the beer game heuristics described by Sterman.
Correct Answer
False
Your Answer
False
True/False
Question
All forecasting methods require complex calculations and therefore are ideally suited to be done by a computer.
Correct Answer
False
Your Answer
False
True/False
Question
Entities in a supply chain may belong to different organization within different companies.
Correct Answer
False
Your Answer
True
True/False
Question
In practice, the data items for MPS will have normally same value in each week.
Correct Answer
False
Your Answer
False
True/False
Question
All movements throughout the factory is controlled by Kanbans, and since the Kanbans specify item precisely,
no defects can be tolerated.
Correct Answer
True
Your Answer
True
True/False
Question
NFW means Net financial assets in the private sector.
Correct Answer
False
Your Answer
False
True/False
Question
The visual record process is only a sub-process in Japanese Kanban Management system.
Correct Answer
True
Your Answer
True
True/False
Question
The recent survey in various companies about the use of 3 PL logistics showed signs of satisfaction among
shippers.
Correct Answer
False
Your Answer
False
True/False
Question
MRP typically takes into account the capacity consideration.
Correct Answer
True
Your Answer
False
True/False
Question
EDI helps in Just In Time for manufacturing.
Correct Answer
True
Your Answer
True
True/False
Question
The estimate is that the 3 PL industry will quadruple its size in next five years.
Correct Answer
False
Your Answer
False
True/False
Question
Incoming inventory is the receiving of the items, as a result of buying in from external or internal suppliers
Correct Answer
True
Your Answer
True