MCQS- SCM

1.What is the primary goal of supply chain management?

a) Maximizing individual department profits b) Minimizing customer satisfaction c)
Maximizing inventory levels d) Maximizing overall supply chain efficiency and value
2. Which of the following is NOT a typical component of the supply chain?
a) Distribution centers b) Marketing department c) Suppliers d) Manufacturers
3.Just-In-Time (JIT) is a philosophy in supply chain management that focuses on:
a) Maximizing inventory levels to ensure availability b) Minimizing transportation costs c)
Minimizing waste and holding costs by reducing inventory levels d) Maximizing supplier
relationships
4.What does the term "Bullwhip Effect" refer to in supply chain management?
a) A sudden increase in transportation costs b) The impact of a strong advertising campaign
on consumer demand c) The amplification of demand fluctuations as orders move up the
supply chain d) The disruption caused by a major supplier going out of business
5.Which of the following inventory management techniques aims to maintain a certain level
of inventory to meet demand while minimizing holding costs?
a) Just-In-Time (JIT) b) Economic Order Quantity (EOQ) c) Push strategy d) Vertical
integration
6. What does the acronym ERP stand for in the context of supply chain management?
a) Efficient Resource Planning b) Effective Routing Protocol c) Enterprise Resource Planning
d) Exclusive Retail Placement
7. Which type of supply chain relationship involves a close, long-term partnership between a
company and its suppliers, often involving shared risks and rewards?
a) Transactional relationship b) Adversarial relationship c) Collaborative relationship d)
Competitive relationship
8. Which step in the supply chain process involves converting raw materials into
finished products?
a) Distribution b) Procurement c) Manufacturing d) Transportation
9. What is the primary purpose of demand forecasting in supply chain management?
a) Minimize production costs b) Ensure consistent supply of raw materials c) Accurately
predict customer demand d) Maximize transportation efficiency
10. Which of the following factors can lead to supply chain disruptions?
a) Centralized production b) Overstocked inventory c) Redundant suppliers d) Natural
disasters or geopolitical events