Production and Operations Management

361. The activities in supply chain process reside inside a ______________, but an entire process will not be contained with in one function.

  1. process
  2. activity
  3. functional silo
  4. objective
Correct answer: (C)
functional silo

362. At strategic level ,the customer service management process is concerned with designing the process for managing the ______________

  1. CRM
  2. PSA
  3. CPFR
  4. VMI
Correct answer: (B)
PSA

363. Time to market is a critical objective of ______________ process in supply chain.

  1. product development and commercialization
  2. demand management
  3. manufacturing flow management
  4. order fulfillment
Correct answer: (A)
product development and commercialization

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

  1. Logistics Management
  2. Materials Management
  3. Bill of Materials
  4. None
Correct answer: (A)
Logistics Management

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

  1. Supplier
  2. Manufacturer
  3. Information Flow
  4. Competitor
  5. Customer
Correct answer: (D)
Competitor

366. ______________ system in logistic management refers to a set of activities concerned with storage and flow of all materials,information and control system in a cost-efficient manner.

  1. operating
  2. physical
  3. integrated
  4. distribution
Correct answer: (D)
distribution

367. Material handling is a branch of engineering which deals with the movements of ______________ between two or more different points.

  1. goods
  2. material
  3. product
  4. place
Correct answer: (B)
material

368. ______________ objective in logistics ensure a proper balance between total logistic cost and a desired level of customer service performance.

  1. Right value
  2. Right information
  3. Right quality
  4. Right cost trade-offs
Correct answer: (D)
Right cost trade-offs

369. In the evolution of logistics ,the objective of maximize the profit by a corresponding maximization of sales was the objective in ______________ stage.

  1. Independent business function era (till 1950)
  2. limited internally integrated business function era (1960-70)
  3. fully internally integrated business function era (1980s)
  4. externally integrated business function era (1990s)
Correct answer: (A)
Independent business function era (till 1950)

370. Strategic logistics planning process starts with the definition of ______________

  1. corporate vision
  2. logistic strategic analysis
  3. logistic planning
  4. managing change
Correct answer: (A)
corporate vision
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