Professional Documents
Culture Documents
III.B.COM (IB)
2017-2020
SEMESTER VI
CORE: LOGISTICS AND SUPPLY CHAIN MANAGEMENT - 617B
Multiple Choice Questions.
9. The processes use to persuade clients to purchase from you instead of your competitors in value chain
A. Outbound logistics
B. Marketing and sales
C. HRM
D. None of these
ANSWER: B
10. ----- is a one who agrees to ship all portion of his cargo through members of liner conference
A. Contract exporter
B. Tramper
C. Logistician
D. Liner
ANSWER: A
12. The basic goal of ------is to achieve maximum turnover while satisfying customer commitments
A. Inventory management
B. Procurement
C. Network design
D. Technology
ANSWER: A
13. ------is a planned space for the storage and handling of goods and material
A. Depot
B. Warehouse
C. Storage place
D. Container
ANSWER: B
14. Which is a key part of the supply chain and primarily aims to control the movement and storage of
materials within a warehouse
A. Warehouse management system
B. Management information system
C. Technical information system
D. None of these
ANSWER: A
15. When Cost of Creating that Value deducts from value captured will get
A. Margin
B. Loss
C. Discount
D. Surplus
ANSWER: A
16. -----is a set of activities that an organization carries out to create value for its customers.
A. Value chain
B. Margin
C. Logistics
D. Transportation
ANSWER: A
17. ---- transportation is used by oil sector companies for mass movement of Petroleum products including
gases.
A. Truck
B. Pipeline
C. Rail
D. Road
ANSWER: B
21. ----system refers to the practice of loading barges (lighters) aboard a larger vessel for transport.
A. LASH
B. RORO
C. SD14
D. PANAMAX
ANSWER: A
25. India currently ranks 16th among the maritime countries with a coastline of
A. 7,527 km
B. 7,517 km
C. 7,117 km
D. 7,717 km
ANSWER: B
29. All the major ports are administered under Port Trust Act
A. 1956
B. 1963
C. 1950
D. 1925
ANSWER: B
46. ---- is a general cargo vessel engaged primarily on deep sea liner service
A. OBO
B. Tween deck
C. PANAMAX
D. Coaster
ANSWER: B
50. Those cargo ships which can pass through the Panama canal
A. PANAMAX
B. Coaster
C. Barge
D. Reefer
ANSWER: A
65. is a price at which certain cargo is delivered from one point to another
A. Shipping fee
B. Chart fee
C. Freight
D. None of these
ANSWER: A
66. ----of freight consists of consist of fixed cost,semi fixed cost,variable cost etc
A. Shipping cost
B. Actual cost
C. Semi variable cost
D. Freight
ANSWER: B
71. -----is not refundable even if the shipment fails to arrive at its destination
A. Lumpsum freight
B. Dead freight
C. Advance freight
D. Actual cost
ANSWER: C
75. ----freight is paid at the destination when a substantial part of cargo arrives
A. Advance freight
B. Lumpsum freight
C. Dead freight
D. None of these
ANSWER: B
76. If for any reason the cargo cannot be delivered at destination ,the ship owner is entitled to get----
A. Dead freight
B. Back freight
C. Advance freight
D. Lumpsum freight
ANSWER: B
77. When a person who has chartered a ship does not make use of the entire cargo spaceship owner is entitled
to get----
A. Back freight
B. Dead freight
C. Lumpsum freight
D. Advance freight
ANSWER: B
79. The term used for carriage of goods when points of origin and destination are both within the same
country
A. Valuation charge
B. Cabotage
C. ULD charge
D. GCR
ANSWER: B
80. The charge that is levied by railways when a consignment received at destination is not taken delivery of
within the admissible free time is----
A. Wharfage
B. Demurrage
C. Fine
D. None of these
ANSWER: A
82. The ship being chartered for a specific voyage between places is
A. Conference
B. Voyage charter
C. Liner service
D. Tramp service
ANSWER: B
83. Charter party is a ______________ word meaning divided document
A. Latin
B. Italian
C. Greek
D. English
ANSWER: A
84. The freight charges that include the cost of depreciation and registration is
A. Fixed cost
B. Variable cost
C. Semi variable
D. Usage charge
ANSWER: A
85. Contract of affreightment is the term used for the carriage of goods by
A. Road
B. Rail
C. Air
D. All of these
ANSWER: B
87. ----is a service that operates within a schedule and has a fixed port rotation with published dates of calls at
the advertised ports
A. Tramp service
B. Liner service
C. Shipping service
D. None of these
ANSWER: B
88. ----is a ship that has no fixed routing or itinerary or schedule and is available at short notice
A. Liner service
B. Shipping service
C. Tramp service
D. Voyage
ANSWER: C
89. ----is usually follow the schedule when to move the product
A. Tramp
B. Liner
C. Voyage
D. Trucks
ANSWER: B
91. Usually liner are discussed their rates with their member of ----
A. Liner conference
B. Tramp conference
C. IATA
D. None of these
ANSWER: A
92. ---- is not follow the schedule when to move the product
A. Trains
B. Tramps
C. Trucks
D. Airlines
ANSWER: B
94. Usually ---- carry the product in seasonal demand and also bulk cargo
A. Liner
B. Tramps
C. Trucks
D. Ships
ANSWER: B
95. ----- can give their service to customer at any time that customer want
A. Tramps
B. Liner
C. Rail cargo
D. Airlines
ANSWER: A
105. ------ are those type of goods which are capable of causing risk to health and safety of passengers
A. Dangerous goods
B. Normal goods
C. Precious goods
D. Margin goods
ANSWER: A
106. .---- is the number one priority of IATA
A. Profit
B. Price
C. Safety
D. Trade
ANSWER: C
110. The term ------ entered the public domain when Keith Oliver, a consultant at Booz Allen Hamilton, used
it in an interview for the Financial Times in 1982
A. Logistics
B. Supply chain management
C. Transportation
D. Trade
ANSWER: B
111. Organizations increasingly find that they must rely on effective---- to compete in the global market and
networked economy
A. Supply chain
B. CRM
C. Marketing
D. Advertising
ANSWER: A
113. . ----encompasses all activities involved in the transformation of goods from the raw material stage to the
final stage of delivery
A. supply chain
B. Value chain
C. Transport
D. Marketing
ANSWER: A
114. . -----involves planning, design and control of flow of material, information and finance along the supply
chain to deliver superior value to the end customer in an effective and efficient manner.
A. SCM
B. CRM
C. ERP
D. EDP
ANSWER: A
115. .SCM starts with the ---- and ends with the customer
A. Customer
B. Producer
C. Government
D. None of these
ANSWER: A
116. Total time required for the supply chain to carry out all activities from the beginning to the end is the ----
A. ERP
B. supply chain lead time
C. Order time
D. Lagtime
ANSWER: B
118. A warehouse that emphasizes speed and efficient product flow to hold goods for short periods of time
and move them out as soon as possible is a ----- warehouse
A. storage warehouse.
B. freight forwarder.
C. distribution centre.
D. an inventory expediting centre.
ANSWER: C
120. Dramatic cost savings are possible when efficient transportation systems and information technology can
be substituted for _____ costs.
A. advertising
B. B) personal selling
C. publicity
D. inventory
ANSWER: D
121. Rail has the largest shipping capacity compared to all except
A. pipeline
B. air carrier
C. water carrier
D. motor carrier
ANSWER: C
122. Lead time and order cycle time are the same as
A. customer service time
B. supply chain flow
C. logistical clockage
D. replenishment time
ANSWER: D
123. The total logistics cost factors need to be balanced against the
A. supply chain managers total experience
B. total expected transportation needs
C. customer service factors
D. lead time expectations
ANSWER: C
124. Poor supply chain management practices can ____________________ an otherwise excellent marketing
strategy.
A. seriously damage
B. make SWOT analysis difficult for
C. keep people employed on
D. repair
ANSWER: A
125. -----is a multi-step operational supply chain management (SCM) process used to create reliable forecasts.
A. Demand planning
B. Aggregate planning
C. Forecasting
D. None of these
ANSWER: A
126. The major drivers of Supply chain performance consists of three logistical drivers and ----
A. two cross functional drivers
B. three cross-functional drivers
C. three multiple drivers
D. none of these
ANSWER: B
127. Facility is the actual --- in the supply chain network where product are stored, assembled or fabricated
A. Physical location
B. Virtual location
C. Multilocation
D. None of these
ANSWER: A
128. The two major types of facilities are production sites and -----
A. Warehouse
B. Location
C. Factory
D. None of these
ANSWER: A
130. This is the amount of inventory needed to satisfy demand for the product in the period between purchases
of the product
A. Lead inventory
B. Cycle inventory
C. Order inventory
D. None of these
ANSWER: B
132. If demand forecasting could be done with perfect accuracy, then the only inventory that would be needed
would be
A. cycle inventory.
B. Safety inventory
C. Lead inventory
D. Order inventory
ANSWER: A
133. This is inventory that is built up in anticipation of predictable increases in demand that occur at certain
times of the year.
A. Lead inventory
B. Seasonal inventory
C. Order inventory
D. cycle inventory.
ANSWER: B
134. . ----entails moving inventory from point to point in the supply chain
A. Inventory
B. Transportation
C. Production
D. Technology
ANSWER: B
136. ----is the set of business processes required to purchase goods & services
A. Marketing
B. Sourcing
C. Finance
D. Human resource management
ANSWER: B
137. -----determines how much a firm will charge for goods & services that it makes available in the supply
chain
A. Finance
B. Pricing
C. Cost
D. Inventory
ANSWER: B
138. Pricing affects the behavior of the buyer of the good or services, thus affecting---
A. Supply chain performances
B. Inventory
C. Capital
D. Assets
ANSWER: A
140. --- is the order quantity that minimizes total inventory holding costs and ordering costs
A. EOQ
B. ERP
C. EPM
D. BPR
ANSWER: A
142. EOQ applies only when demand for a product is constant over the year and each new order is delivered
in full when inventory reaches ----
A. 1
B. 0
C. 2
D. 10
ANSWER: B
143. Which of the following statements is true
A. Logistics and supply chain are same.
B. Logistics is a subset of supply chain.
C. Physical distribution and logistics are the same.
D. Transportation and logistics are same.
ANSWER: B
144. If a customer visiting a departmental store cannot find his desired soap manufactured by Hindustan
Unilever Ltd (HUL) in the store, which of the following chain partner will he hold responsible for the non-
availability of the soap
A. The distributor
B. The departmental store
C. The logistics service provider
D. The suppliers of raw materials and component
ANSWER: A
146. Which one of the following is not the supply challenge being faced by the Indian organizations
A. Complex distribution structure
B. Complex taxation structure
C. Poor infrastructure
D. IT implementation
ANSWER: D
148. Current trend in supply chain, there has been a shift in the power structure in a chain towards
A. Retailers
B. Manufacturer
C. Supplier
D. Customer
ANSWER: A
Staff Name
Vidhya.R.