Supply Chain Analytics PGDM Quizz

Quiz 1
Started: Aug 18 at 11:38am
Quiz Instructions
Note: this is a timed quiz. You may check the remaining time you have at any point while taking the quiz
by pressing the keyboard combination SHIFT, ALT, and T... Again: SHIFT, ALT, and T...
Flag question: Question 1
Question 11 pts
The beginning stage of a supply chain process is the _____________.
Group of answer choices
Directing Stage
Organizing Stage
Planning stage
Sourcing Stage
Question 21 pts
The term supply chain management was initially framed by ______.
Philip Kotler
Peter Drucker
Keith Oliver
Frankel & Paulraj
Question 31 pts
In supply chain management, the next step after planning involves ______________.
Sourcing
Developing
Building a strong relationship with suppliers
All of the above
Question 41 pts
The aim of supply chain management is to _______________.
manage and integrate supply and demand management

increase the production level
provide satisfaction to the customer
enhance the quality of a product and services
Question 51 pts
_______________ is the main activity of supply chain management.
Demand Management
Supply Planning
Analytics Workbench
All of the above
Question 61 pts
The purpose of supply chain management is to_______.

increase the production level
manage and integrate supply and demand management
enhance the quality of a product and services
provide satisfaction to the customer
Question 71 pts
Customers demand quality products , better innovations ,and variety and expect them to be delivered
on time with no damage .
True
False
Question 81 pts
Identify the INCORRECT option which is NOT among 3 C's that responsible for success of Supply chain
management in and gaining the competetive advantage across market .
customer
competitor
company
cost
Question 91 pts
Supply chain analytics uses data and qualitative methods to improve decision making for all activities
across supply chain.
True
False
Question 10
_________________is part of Tactical decision of sourcing in SCM.
Supply chain mapping
supply chain contracts
inventory replenishment orders
workforce schedunig
uiz 2
Quiz Instructions
This Quiz will assess your conceptual understanding of - Module 2
Question 11 pts
IT in supply chain decision support is related with _______________ .
measurement of the supply chain performance through data analysis tools.
cooperation and collaboration with suppliers, partners, etc. via the internet.
collection, generation, and storage of vast data and tracking of the same through automated means.
enabling managers to process and evaluate SCM-related decisions using different optimization
techniques.
Question 21 pts
_______________ optimization model has three major components: decision variables, objective
functions, and constraints.

Global
Open
Constrained
Local
Question 31 pts
In Supply Chain Analytics domain, LPP is also called _________________ .
Linear Programming Problem
Low-percentage parity
Law parameters program
Lack of people power
Question 41 pts
In Simplex method, the feasible basic solution must fulfill the __________________ .
common constraint
basic constraint
negativity constraint
non-negativity constraint
Question 51 pts
IT in supply chain transaction performance is related with ___________________ .
enabling managers to process and evaluate SCM-related decisions using different optimization
techniques.
measurement of the supply chain performance through data analysis tools.
cooperation and collaboration with suppliers, partners, etc. via the internet.
collection, generation, and storage of vast data and tracking of the same through automated means.
Question 61 pts
The method used to solve LPP without artificial variables is called the _______________method.
Simplex method
Dual Simplex method
artificial variable method.
All of these
Question 71 pts
An assignment problem represents a transportation problem with all demands and supplies equal to
_________.
greater than 1
some values greater than 1
all of the above.

Question 81 pts
For finding an initial feasible solution in transportation problem ____________ method is used.
Simplex
Big M
Least cost method
Hungarian
Question 91 pts
The transportation problem deals with the transportation of ____________
single product from a source to several destinations
several products from a source to destinations
single product from several sources to a destination
several products from several sources to several destinations

Question 101 pts
An assignment problem is considered as a particular case of a______________.
transportation problem
sequencing problem
queing problem
game theory
Quiz 3
Quiz Instructions
Question 11 pts
________________ is usually formulated as a basic COG model and can search for the best locations for
a selected number of sites.
Single Centers of Gravity (COG)
Double Centers of Gravity (COG)
Triple Centers of Gravity (COG)
Multiple Centers of Gravity (COG)
Question 21 pts
Which of the following is the cost involved in holding goods in a warehouse?

"Facility cost "
Processing cost
Inventory cost
Transportation cost
Question 31 pts
Which of the following is not an area to responsibilities for a logistics manager?
Inventory
Marketing
Warehousing
Purchasing
Question 41 pts
___________ is a part of development of facility structures.

Transportation
Warehousing
Sorting
Logistics
Question 51 pts
____________ tries to minimize the maximum demand from any customer to the nearest facility, no
matter how insignificant.
O-center problem
P-center problem
Q-center problem
R-center problem
Question 61 pts
The P dispersion problem is very useful in locating retail centers ,shopping centers or convenience
stores .
True
False
Question 71 pts
_______________is very useful for many applications in locating public utilities like fire stations ,police
stations ,licence beureaus,school etc.
P-center problem
Single Centers of Gravity (COG)
Q-center problem
set covering problems
Question 81 pts
______________approach of locating a single facility is good search method for the best solution with
enough reality.

Double Centers of Gravity (COG)
Center of gravity
Dual Simplex method
Simplex method
Question 91 pts
P center problem tries to minimize the maximum demand from any customer to the nearest facility, no
matter hoW insignifcant.
True
False
Question 101 pts
Mulitple facillity location problems involve trade off between several costs.Identify the option which is
NOT covered under this costs.
Inbound and outbound transportation costs.

storage & handling costs
inventory carrying costs
cost of raw material

Quiz 4
Quiz Instructions
Question 11 pts
_________ are very useful in the location of facilities as they use a simple and logical approaches but
give very effective solutions.
Heuristics
Geometry rules
Marketing principles
Demand info
Question 21 pts
Which technique among the following emphasizes transportation cost in the determination of facility
location?

Centre-of-gravity technique
Transportation technique
Location rating factor technique
Both (B) and (C)
Question 31 pts
Which facility among the following layouts is best suited for the intermittent type of production, which is
a method of manufacturing several different products using the same production line?
Product layout
Cellular manufacturing layout
Fixed position layout
Process layout
Question 41 pts
Which of the following mentions the requirement for facility location selection?
When the lease expires and the landlord does not renew the lease.
When a business is newly started.
When the existing business unit has outgrown its original facilities and expansion is not possible.
All of these.
Question 51 pts
What do you mean by a gravity model?
A gravity model is a distance-decay function used to compute the relative attractiveness of centres of
supply relative to demand.
A gravity model is used to map the density of the Earth's crust.
A gravity model is one that relies on network analysis to determine the land prices based on travel
times.
A gravity model is used to predict the best location for new stores based on the location of competitors.

Question 61 pts
Heuristics methods uses a logical gut feeling approach, which systematically reaches optimal solutions.
True
False
Question 71 pts
In the mathematical expression of nonlinear inventory cost ,
I = αDᵝ , where D stands for ___________.
D shows , average inventory
D shows total inventory held
D is difference in the 2 inventory procurements.
warehouse to warehouse throughput

Question 81 pts
The purpose of Spatial interaction models is to estimate the spatial generation and distribution of trips.
True
False
Question 91 pts
______________model measures interactions between one location and every other location.
gravity model
potential model
retail model
transport model
Question 101 pts
DISPLAN has tremendous practical applications since this approach helps supply chain planners in
resolving locational choices in a supply chain network.
True
False
Quiz 5
Quiz Instructions
Question 11 pts
Supply chain network design decisions are related to ______________ .
where the facilities should be located and how much capacity should be allocated to each facility
where the facilities should be placed
where the facilities should be located and what processes should be performed at each facility.
what markets each facility should serve and which supply sources should feed each facility.
Question 21 pts
Supply chain network design decision related to facility location is ___________________ .

both a strategic and a tactical decision
an operational decision.
a tactical decision.
a strategic decision.
Question 31 pts
Supply chain network design decision related to capacity allocation to plants is _______________ .
both a strategic and a tactical decision
Question 41 pts
Supply chain network design decision related to allocation of plants to markets is

______________________ .

Both a strategic and a tactical decision
Question 51 pts
The chief decision areas in supply chain management are_________________.
location, production, distribution, marketing
location, production, scheduling, inventory
planning, production, distribution, inventory
location, production, distribution, inventory
Question 61 pts
Break bulk uses storage facilities to break the bulk ,which is opposite of using them to
_____________________ shipments.
mixing
consolidate
holding
procuring
Question 71 pts
Efficiency in warehouse operations often depends upon proper layout design decisions.
True
False
Question 81 pts
In the mathematical expression of sizing of receiving zone , d=pt/CT ,where "C "represents
______________________ .
capacity of vehicles in terms of pallets

cost of vehicles
cost of transportation
avarage number of palletised loads.
Question 91 pts
Mostly 3PL warehouses charge rent from their customers based on the pallets for a period of time , say
a month ,year etc.
True
False
Question 101 pts
A warehouse can be managed efficiently if storage and picking activities would be considered
separately.
True
False
Quiz 6
Quiz Instructions
Question 11 pts
Safety stock + EOQ equals to _______________.
Average inventory
Absolute maximum inventory
Normal maximum inventory
Order point
Question 21 pts
The name for an order size that minimizes inventory ordering and carrying costs is known as
______________.

EOQ
Safety stock
EQO
Order point
Question 31 pts
Which one of among the following is NOT an ordering cost?
Administrative and clerical costs of accounting, purchasing, and goods reception
Unloading costs
Transportation costs
None of the above
Question 41 pts
Which one among the following is NOT a carrying cost?

Material handling costs
Storage charges
Transportation costs
Storesstaffing, equipment, maintenance, and running costs
Question 51 pts
Which one among the following options is a type of inventory system that is used to manage
independent demand items?
Time Phased Order Point
Order point system
Enterprise Resource Planning
Material Requirements Planning
Question 61 pts
Economic order quantity results in_____________.
Reduced stock outs
equalization of carrying cost and procurement cost
favourable procurement price
none of the above.
Question 71 pts
company uses 10,000 units per year of an item. The purchase price is one rupee per item. Ordering
cost=Rs.25 per order. Carrying cost 12% of the inventory value. The EOQ is _____________.
2086 units
2085 units
2083 units
2084 units

Question 81 pts
Which of the following describes the behavior of total ordering costs?
Rise as the order quantity rises
Equal the number of orders placed times the cost of placing an order
Total ordering cost keep on fluctuating as per availibility of material
Fall with the per period usage rate
Question 91 pts
Minimum inventory equals to _______________.
EOQ
Reorder level
Safety stock
Excess stock
Question 101 pts
The time period between placing an order its receipt in stock is known as shortage time.
True
False
Quiz (Modules 1 to 6)
Quiz Instructions
This Quiz will assess your conceptual understanding of - Module 1 to Module 6
Question 12 pts
__________________is the process that defines how a company interacts with its suppliers.
Supplier relationship mangement
Customer relationship management
customer service management
production management
Question 22 pts
The assignment problem wherein the number of rows is not equal to the number of columns is said to
be an _______________ problem. Such a problem is handled by _______________dummy row(s) if the
number of rows is less than the number of columns and dummy column(s) if the number of columns is
less than the number of rows.
Balanced , Introducing
Unbalanced, introducing
moderate , deleting
rejected , addition
Question 32 pts
Which of the spatial interaction model measures the boundary of the market areas between two
locations competing over the same market based upon the intensity of their respective interactions?
gravity model
retail model
distance model
potential model
Question 42 pts
In which of the following types of problems, the products are delivered from source to destination using
the intermediate point?
Transportation problem
Assignment Problem
Transshipment problem
Both a and b
Question 52 pts
How will you solve the transportation problem when the supply does not equal the demand?
These are balanced problems can be easily solved by introducing dummy sources and dummy
destinations. If the total supply is greater than the total demand, a dummy destination (dummy column)
with demand equal to the supply surplus is added
These unbalanced problems can be easily solved by introducing dummy sources and dummy
destinations. If the total supply is greater than the total demand, a dummy destination (dummy column)
with demand equal to the supply surplus is added
These problems can not be solved by If the total supply is less than the total demand, a dummy
destination (dummy column) with demand equal to the supply surplus is added
These problems can be easily solved by introducing dummy destinations. If the total supply is greater
than the total demand, a dummy destination (dummy column) with demand equal to the supply surplus
is added
Question 62 pts
Calculate Economic Order Quantity (EOQ) from the following - Annual consumption 6,000
units
Cost of ordering Rs. 60
Carrying costs Rs. 2
600 Units
6000 units
60 units
660 units
Question 72 pts
In which of the following site selection techniques, a weightage between ‘0’ to ‘1’ is provided to factors
that influence its location decision?
Transportation technique
Location rating factor technique
single period inventory model
Centre-of-gravity technique
Question 82 pts
The effectiveness of Push & Pull strategies can be product dependent. Which of these statements are
CORRECT regarding this?
Pull tends to work better for high value and salow moving items
Pull tends to work better for low value & fast moving items
Both A & B are true.
The choice is not product dependant
Question 92 pts
"Newsvendor MODEL is a great method to use when the demand is uncertain. Identify the reason.
Because it provides a structured way to deal with those variabilities and choosing the better stocking
point.
Because it ignores variations in inventory to tolerabel limits.
because it overwrites supply part.
all of the above
Question 102 pts
Identify the correct mathematical programming approach for this situation - " When warehouse costs
are given as fixed charges plus a linear variable cost per unit for throughput as handling cost".
Mixed integer programming approach.
Nonlinear MP Models
Combined Method
Guided linear programming approach.

Question 112 pts
If you’re opening a retail store, the first thing you have to understand is ‘how many customers will
patron your store'. Because according to distance decay, as the distance between two locales increases,
the amount of activity between them decreases. which model will help you to solve this ?
Huff model of retail location
gravity model
cenmter of gravity model
None of these.
Question 122 pts
Think "Cubic feet of the space "rather than just the building's footprint. This philosophy is more
applicable in which of these decision making?
Decisions in warehousing
decisions in logistics
decisions in transporatation
decisions in invenetory management.
Question 132 pts
Consider the case in which total production of 4 factories is 1000 units and total requirements of 4
warehouses is 900 units or 1,100 units. This can be interpreted as ?
Balanced transportation problem
Balanced assignment problem
Unbalanced transportation problem
Balanced LPP.
Question 142 pts
With reduction in product cost ,how EOQ will react?
If you reduce your product costs your EOQ will go down
If you reduce your product costs your EOQ will go up
If you reduce your product costs, there will not be any change in EOQ.
there is absolutely no relation between product cost & EOQ.
Question 152 pts
Which method among the options are most useful in systmatically arriving at the solution that is largely
near optimal.
P solution method
mixed integer programming approach
Baumol & Wolfe method
drop heuristics
Quiz 7
Quiz Instructions
This Quiz will assess your conceptual understanding of Module 7
Question 11 pts
In an inventory control system, if there is uncertainty about the length of the supply lead time and
demand during the lead time, there could be following warning levels for inventory to warn
management that
The inventory level is too high (a maximum inventory level)
The inventory level is getting dangerously low (a minimum inventory level)
The item should now be reordered (the reorder level)
All of the above
Question 21 pts
Which theory pertains to making sound decisions under conditions of certainty, risk, and uncertainty?
Decision Theory
Network Analysis
Game Theory
None of the above
Question 31 pts
Which technique is applied to imitate an operation before the actual performance?
Game Theory
Inventory Control
Integrated Production Models
Simulation
Question 41 pts
The uncertainty due to the portion of demand that the supply chain is required to meet is the
average forecast error
rate of strategic uncertainty
demand uncertainty
implied demand uncertainty
Question 51 pts
Which among the following supply chain capabilities will induce supply uncertainty to grow?
Poor quality, Unpredictable and low yields
Limited supply capacity
Frequent breakdowns
all of the above
Question 61 pts
The heavy fluctuation of demand or supply increases the level of safety stock.
TRUE
FALSE
Question 71 pts
What are the components of a basic inventory policy?
ordering policy
reorder policy
safety inventory level

All of the above
Question 81 pts
________________ is a key performance paarmeter of any inventory policy of an item,which indicates

the actual fill rate of an item.
unit service level
customer service level
inventory order level
All of the above
Question 91 pts
Identify the 2 fundamental concepts that are key building blocks for understanding inventory policies.
order service level & purchase order
customer service level & order service level

order service level & unit service level
All of the above
Question 101 pts
Supply chain coordination and information sharing among partners can help to reduce uncertainties and
bring about a reduction in inventory levels in the supply chain.
TRUE
FALSE
Quiz 8
Quiz Instructions
Question 11 pts
Which among the following is a quantity of a specific item that is ordered from the supplier and issued
as a standard quantity to the production process?
Safety stock
Lot size
Standard deviation
Inventory control
Question 21 pts
A company that maintains a sufficient safety margin by having extra inventory against certain situations
is known as ________.
lot size
inventory
lead
safety stock
Question 31 pts
By knowing the _____________, a company would find out the cost of items that have to be refilled or
added to inventory.
Replenishment cost
Selling cost
Differentiation cost
Buying cost
Question 41 pts
The time period between placing two successive orders is known as ______ and the time period
between ordering an item for replenishment and actually receiving the item into the inventory is called
_______.
OTC cycle, idle time
Idle time, OTC cycle
Lead time, order cycle
Order cycle, lead time
Question 51 pts
LIMIT approach is known as __________.
Lot-Sizing Inventory Management Interpolation Technique
Large Size Inventory Management Interpolation Technique

Lot-Size Inventory Marketing Interactive Tool
Limited Insurance Management Intervention Time
Question 61 pts
A single echelon inventory system is one wherein a single location - plant, distribution center,
warehouse- acts as a storing point of inventories between the supplier and the buyer or the firms to its
customers.
TRUE
FALSE
Question 71 pts
What are the major key issues in optimizing a multi-echelon inventory system? Identify the INCORRECT
one.
desired optimal service level goals for different tiers or levels
demand variation measures for the different tiers such as regional centers ,retailers etc.
allocating inventory up to the last levels of the echelons .
all of these
Question 81 pts
There are basically 2 types of inventory systems - single -echelon & multi-echelon. So here word
"echelon " stands for - _______
tier/level
size
type
amount of inventory
Question 91 pts
Optimising the ___________ deals with right-sizing regular and safety buffers across the entire supply
chain considering the various interdependencies between echelons.

Single echelon inventory system
multi echelon inventory system
variable echelon inventory system
None of these
Question 101 pts
In risk pooling, centralised inventory reduces both safety stock and average inventory in the system.
TRUE
FALSE
Quiz 9
Quiz Instructions
Question 11 pts
The major trade-offs in transportation decisions revolve around two trade-offs: horizontal and ________
parallel trade-offs
vertical trade-offs
analogue trade-off
digital trade-off
Question 21 pts
The decisions that are taken after evaluating trade-offs within a cost driver under consideration are
referred to as __________
parallel trade-offs
analogue trade-off
vertical trade-offs
digital trade-off
Question 31 pts
The supply chain management of a firm heavily depends on the ________ of a transportation network.
design and performance
cost
advertisement
finance
Question 41 pts
____________ deals with finding the most “efficient” connections among all the nodes in the network.
Minimal spanning tree (MST)
Lot sizing
Eulerian path
Branch and Bound Method
Question 51 pts
The ___________ of a weighted graph is defined as the minimum sum of weights of (at least one) edge
that when removed from the graph divides the graph into two groups.
min-cut
max-cut
max-flow
None of the above
Question 61 pts
Transportation is the key decision area within the logistics mix.
TRUE
FALSE
Question 71 pts
When the decision that are taken after evaluating trade-offs among the cost drivers for various
alternatives and deciding the best alternatives are referred as _________________
vertical trade off
upward trade off
downward trade off

Horizontal trade off
Question 81 pts
A ______________is a network in which every two distinct nodes are linked by a path.
Connected network
complicated network
standard network
central network
Question 91 pts
While evaluating different types of transport modes, the ___________ that considers the trade-off
among cost drivers i.e. inventory cost, and transport cost makes more sense.
average cost approach
total cost approach

minimum cost approach
none of these
Question 101 pts
The major trade-off in transportation decisions revolves around the 2 trade-offs - vertical trade-off &
horizontal trade-off.
TRUE
FALSE
Quiz 10
Quiz Instructions
Question 11 pts
In a traveling salesman problem, the elements of diagonal from left-top to right bottom are ________
Zeros
All negative elements
All infinity
All ones
Question 21 pts
The Hungarian method for solving an assignment problem can also be used to solve.
A transportation problem
A travelling salesman problem
A LP problem
Both a & b
Question 31 pts
The ______________ can be broadly classified into the symmetric traveling salesman problem (sTSP),
asymmetric traveling salesman problem (aTSP), and multiple traveling salesman problem (MTSP).
vehicle routing problem
travelling accountant problem
travelling security personnel problem
travelling salesman problem (TSP)

Question 41 pts
A ____________ is a path that uses every arc or edge in a graph (network) without repeating it.
Euclidean path
Euler path
Fleury’s graph
Hamiltonian path
Question 51 pts
With the transportation technique, the initial solution can be generated in any fashion one chooses. The
only restriction is that ________
the edge constraints for supply and demand are satisfied
the solution is not degenerate
the solution must be optimal

one must use the northwest-corner method
Question 61 pts
Routing and scheduling problems are often presented as graphical networks or graphs.
TRUE
FALSE
Question 71 pts
The traveling salesman problem is often referred to as "Milk runs " by industries.
TRUE
FALSE
Question 81 pts
What is the objective of the multiple traveling salesman problem?

generating set of routes
identifying the type of cost involved
identification of fast movers for inventory
none of these.
Question 91 pts
In routing and scheduling problems, if we focus on demand then what are the types of demands one is
required to consider.
Certain
uncertain
mixed
All of the above

Question 101 pts
What are the objectives of the routing & scheduling problems?
minimising total time
minimising total cost
maximising total profits
All of the above

uiz 11
Quiz Instructions
Question 11 pts
What is the correct serial arrangement of operations in production planning and control?
Routing-Scheduling-Follow up-Distancing
Scheduling-Routing-Dispatching-Follow up
Dispatching-Routing-Scheduling-Follow up
Routing-Scheduling-Dispatching-Follow up
Question 21 pts
For “Routing”, which of the following is true?

Route sheets include list of machine tools that are to be followed
It depends upon material handling facilities
It is flow of work in the plant
All of the above
Question 31 pts
For which of the following, the Gantt chart is used:
Scheduling
Follow up
Routing
Inspection and quality control

Question 41 pts
The Sweep Nearest (SN) algorithm combines the nearest neighbor algorithm with the classical SW.
Sweep Nearest (SN) algorithm
Saha’s link algorithm
Hungarian algorithm
DSN algorithm
Question 51 pts
_____________ are usually characterized by time windows and delivery-time restrictions.
Execution problems
Accounting problems
Scheduling problems
Marketing problems
Question 61 pts
A Hamiltonian circuit is a circuit that visits every vertex only once without repeating it and starts and
ends with the same vertex.
TRUE
FALSE
Question 71 pts
Excel solver is powerful enough to handle vehicle routing problems.
TRUE
FALSE
Question 81 pts
The Clarke& wright savings algorithm is porbably the most popular heuristic to solve a
_______________
vehicle routing problem (VRP)
inventory order cost problem
total order cost problem
none of these
Question 91 pts
The _________________ gives a sensible clustering of routes of implementing schedules and offers very
practical solutions .
swiss method
Sweep method
both of these
none of these
Question 101 pts
Who proposed the Generalised Assignment method?
Fisher & Jaykumar
Clarke - Wright
henry ford
none of them
Quiz 12
Quiz Instructions
Question 11 pts
The ________ uses an expected utility theory to arrive at the best course of action in a problem context.
Analytic Hierarchy Process (AHP)
Multiple-Attribute Utility Theory (MAUT)
Fuzzy TOPSIS
Multi-Objective Optimization by Ratio Analysis (MOORA)
Question 21 pts
In a decision problem, multiple objectives can’t be dealt with using which of the following methods?
use an MCDM approach
optimize with respect to the most important criterion only
convert the other criteria to money and treat the problem as cost-minimizing or profit maximizing
model and analyze using costs alone, and leave the other considerations to experience and judgment
Question 31 pts
It is difficult to make the best choice when there are multiple criteria present. This is because
the mathematics is difficult
an alternative can be highly valued with respect to one criterion but lowly valued with respect to
another
it is hard to choose the right method to compare alternatives
different criteria are measured in different ways

Question 41 pts
In a decision matrix, ______________
the weights represent the relative importance of criteria
all weights are assumed to be equally important
the weights can be positive or negative and sum to 0 (zero)
the lower the weight, the more important the criterion
Question 51 pts
In the decision matrix, the normalization procedure _______
is used when the alternatives are rated based on subjective judgment
is used when the alternatives are not rated on a scale from 0 to 10
may underrate the best alternative and overrate the worst

does not require further calculation when an alternative that has the highest evaluation in one criterion
is added to the existing set of alternatives
Question 61 pts
MCDM breaks the problem into small components, making judgments about such small components
and then resembling the components to get the decision for the overall problem.
TRUE
FALSE
Question 71 pts
________________ are the different dimensions from which the alternatives can be viewed in a decision
environment.
Multiple-Attribute
decision weights
decision horizon
Alternatives
Question 81 pts
Which of this terminology is NOT used in MADM or MCDM
Alternatives
Multiple-Attribute
decision weights
decision horizon
Question 91 pts
__________________ is used to model problems I involving imprecise data and for problems where the
boundaries between categories are not precise.
Fuzzy logic
Sweep method
Multiple-Attribute
Analytic Hierarchy Process (AHP)
Question 101 pts
Who developed TOPSIS (Technique for order of preference by similarity to ideal solution)?
Fisher & Jaykumar
Clarke - Wright
Hwang and Yoon
henry ford
Quiz (Modules 7 to 12)
Quiz Instructions
This Quiz will assess your conceptual understanding of - Modules 7 to 12
Question 12 pts
Finished goods are to be shipped from plant inventory to warehouse inventory some distance away. The
expected volume to be shipped in a year is 180,000 units. The product weighs 10 tons each.The product
is worth 40 $ per unit ,and the plant and carrying cost are 25% per year. The plant keeps a safe inventory
of 50% of th demand during the lead time which includes 1 day for processing of the order by
warehouse and the transit time of transport mode that is used.Several options are available for
transportation like rails ,roadways ,alliance roads etc. with this data ,identify the type which kind of
trade off example is this?
linear trade off
Horizontal trade off
vertical trade off
None of these
Question 22 pts
The order service level can be interpreted as the proportion of cycles where customer demand is
satisfied."do you agree with this ?
yes ,completely agree
not agree
not sure whether it can be done with few modifications
none of these
Question 32 pts
Imagine a store open non-stop from 10 a.m. to 8 p.m. At its opening, the store has 9 units of product A
in stock. During the day, 2 clients enter the store, intending to buy this product A: the first client comes
at 11 a.m., willing to buy 9 units, and the second at 4 p.m., willing to buy 1 unit.In this scenario, If the
service level represents the percentage of the total demand in units that is actually fulfilled, then the
service level for the day is 90%. (9 units served out of a total demand of 10). Is this argument true?If
yes , justify.
This is not true, as information is not sufficient ro conclude

This is true, because it represents a certain perspective on the service level definition, and is centered on
lost sales
not sure
it can be true but not in line with service definition.
Question 42 pts
The key differentiator these days between a highly successful company (e.g. Wal-Mart) and a company
that has sub-optimal performance (e.g. Kmart) is an ability to increase the inventory turnover.
ability to increase inventory turnover
ability to increase the demand of the product
ability to decrease the price of the product
all of these
Question 52 pts
Nike’s distribution network consists of 7 RDCs and more than 300,000 DCs; and these DCs serve end
customers. Here, the DC and RDC both are under the control of a single enterprise – Nike, Inc. This is
example of which ype of inventory system?
Single Echelon Inventory System
company managed stocks
Multi-Echelon Inventory System
None of these
Question 62 pts
Bullwhip effect can be observed in which type of inventory system?
company managed stocks
buffer inventory
Single Echelon Inventory System
Multi-Echelon Inventory System

Question 72 pts
How multi echelon inventory system optimizes the networks inventory? Identify the INCORRECT
OPTION .
By Monitoring and manage the bullwhip effect
by Enabling visibility up and down the demand chain
By Synchronizing order strategies
None of these
Question 82 pts
Clear Day Corporation manufactures various glass products including a car window. The setup cost to
produce the car window is P1,200. The cost to carry a window in inventory is P3 per year. Annual
demand for the car window is 12,000 units.Refer to Clear Day Corporation. If the annual demand for the
car window was to increase to 15,000 unit, then_________________
the number of setups would decrease.
the total carrying costs would increase.

the economic order quantity would decline
all of the above would occur
Question 92 pts
How do we quickly determine if the graph will have a Euler's Path?
All even degree verticals
exactly 2 odd degree verticals
each vertex will be used once.
None of these
Question 102 pts
The travelling salesman problem involves finding a tour of minimum length." What is your take on this?

it is false
it is true
not sure about length or distance
None of these
Question 112 pts
How does the practical travelling salesman problem differ from the classical travelling salesman
problem?
in practical travelling salesman problem each vertex can be visited only once
in practical travelling salesman problem each vertex can be visited more than once
in practical travelling salesman problem each edge can be visited more than once
in practical travelling salesman problem each edge can be visited only once
Question 122 pts
What are the most important steps used in AHP application?

data collection
data acquisition
data accuracy
all of the above
Question 132 pts
An influencer engine with rules is an inference which is made based on a set of rules.
TRUE
FALSE
Question 142 pts
What is the objective of TOPSIS?

Selecting optimal solution or criteria in such a away that it is farthest from anti ideal solution and closest
to the ideal solution.
Selecting optimal solution or criteria so that an oragnisation can create goodwill in the market
Selecting optimal solution or criteria in such a away that it is farthest from ideal solution
none of these
Question 152 pts
Suggest ONE word for - Nonlinear mapping of an input dataset to a scalar output data.
fuzzy logic system
fuzzy map
critical fuzzy
fuzzy scale

Supply Chain Analytics PGDM Quizz

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Supply Chain Analytics PGDM Quizz

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Quiz 1

Started: Aug 18 at 11:38am

Flag question: Question 1

The beginning stage of a supply chain process is the _____________.

Group of answer choices

Flag question: Question 2

The term supply chain management was initially framed by ______.

Group of answer choices

Frankel & Paulraj

Flag question: Question 3

Group of answer choices

Building a strong relationship with suppliers

All of the above

Flag question: Question 4

The aim of supply chain management is to _______________.

Group of answer choices

manage and integrate supply and demand management

provide satisfaction to the customer

enhance the quality of a product and services

Flag question: Question 5

_______________ is the main activity of supply chain management.

Group of answer choices

All of the above

Flag question: Question 6

The purpose of supply chain management is to_______.

Group of answer choices

manage and integrate supply and demand management

enhance the quality of a product and services

provide satisfaction to the customer

Flag question: Question 7

Group of answer choices

Flag question: Question 8

Group of answer choices

Flag question: Question 9

Group of answer choices

_________________is part of Tactical decision of sourcing in SCM.

Group of answer choices

Supply chain mapping

supply chain contracts

inventory replenishment orders

Started: Aug 18 at 11:41am

This Quiz will assess your conceptual understanding of - Module 2

Flag question: Question 1

IT in supply chain decision support is related with _______________ .

Group of answer choices

measurement of the supply chain performance through data analysis tools.

Flag question: Question 2

Group of answer choices

Flag question: Question 3

In Supply Chain Analytics domain, LPP is also called _________________ .

Group of answer choices

Linear Programming Problem

Law parameters program

Lack of people power

Flag question: Question 4

Flag question: Question 5

IT in supply chain transaction performance is related with ___________________ .

Group of answer choices

measurement of the supply chain performance through data analysis tools.

Flag question: Question 6

Group of answer choices

Dual Simplex method