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Logistic Management 37th Intake Flashcards | StudBud
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Logistic Management 37th Intake
Logistic Management 37th Intake
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1
Which of the following is NOT an advantage of unit load?
quicker to build up or tear
pallet sizes
pilferage is discouraged
tightly secured
2
Eight Rs in logistic are the right product, ______,condition,place,time,customers,cost & money.
quantity
process
building
money
3
Which methods of order transmitted is NOT applicable?
email
Morse code
In person
Telephone
4
Which of these is NOT a managerial issue in logistics?
Theft & Pilferage
Lack of mapowers
Managing Reverse Logistics
Productivity
5
Involving an understanding of a customer’s reaction to a company being out of stock is _______.
Trade-off
ordering costs
•inventory carrying cost
stockout costs
6
Which one belongs to a protective system?
Package testing
Leaking
Increase loss
All of the above
7
What are the logistics activities required to facilitate to flow from one point to one point?
Inventory management
Customer service
All of the above
Order management
8
Key component in demand management and is helpful in make-to-
stock
situation and______
Make-to-store
Make-to-order
Make-to-sell
Make-to-buy
9
Which is the type of demand forecasting models?
weather forecasting
Time series forecasting
Judgmental forecasting
Cause and effect forecasting
10
Which of the following is NOT a activity in the logistic channel?
material handling
customer service
demand
procurement
11
The final stage of Order Cycle is _______.
Order Delivery
Order Proccesing
Order Picking and Assembly
Order Transmitted
12
What is not economic impact of logistic?
Economic utility
Possession utility
Product utility
Place utility
13
Which of this is NOT a package testing?
Droping
Compression
Rough handling
Throwing
14
What is JIT?
Just in trolling
Just in tonnes
Just in time
Just in transit
15
Which Warehousing does not requires capital investment?
Contract Warehousing
None of the above
Private Warehousing
Public Warehousing
16
Which statement of proper balance of inventory is correct?
obsolescence,shrikage,storage,handling,taxes & interest cost
The same as stockout cost
stockous involve understanding of a customer reaction
The trade-off between carrying cost & stockout cost
17
Which transportation mode that required no vehicles
Airfreight
Pipeline
Railroads
Water
18
When considering in designing warehouse, the “Other Space Needs” must include:
Employee washrooms, and lunchrooms.
Office space
Pallet storage and repair facilities
All of the above
19
Whic one is CORRECT about demand forecasting?
Cause and effect, Time series, Order delivery and customer
CPFR, Time series, Order picking and assembly, order process
Cause and effect, Time series,CPFR , Judgemental
Judgemental, Time series, Customer service, Order delivery
20
Which of the substances, does NOT exist in the three forms?
None of the above
gas, solid, liquid
liquid, solid, gas
solid, liquid,gas
21
What is the advantage of centralised logistic organisation?
none of the above
safety aspects & productivity
cost savings & manpower
cost saving from volume-creating opportunities
22
The JIT emphasis on low or no ___, defective materials result in a production line shutdown
safety Stock
speculative Stock
cycle Stock
base Stock
23
Which inventory classification satisfies normal demand?
speculative stock
cycle stock
pipeline stock
safety stock
24
Which example clearly indicates Service Failure?
None of the above
Offer special discount
Prompt delivery
Late delivery
25
Which offers the greatest capacity, or volume that can be carried at one time.
Railroads
Motor carriers
Airfreight
Water carriers
26
Which one does not belongs to managerial issue in logistics?
Contemporary Environment
Matrix design
All of the above
Hierachical Organisational design
27
What is JIT?
Just in Touch
Just in Turn
Just in Time
Just in Take
28
Which are the four stages of the order cycle?
order picking & assembly, transmittal & delivery
order transmittal,picking,assembly and order self collect
order transmittal,processing,picking & assembly & delivery
Order transmittal, processing, picking and inventory
29
Packaging inefficiencies can have a number of undesirable logistic consequences which includes?
all of the above
Higher storage cost
Increased damage
Increased loss
30
Which answer is wrong with regards to why product is returned?
due to employee accident
last minute cancel
defect item
customer's error
31
Which one is NOT type of forecasting models?
cause and effect
CPFR
historical data
Time series
32
Order processing activities include:
Order entry into the computer system
A customer credit check
Checking for Completenous and accuracy
All of the above
33
In Inventory classification, Safety is also referred as ?
speculative
buffer
base
in-transit
34
One commonly used rule of thumb for ABC Analysis of Inventory is ____________
90/10
80/20
75/25
70/30
35
Understanding the Logistics channel and distributions is the job of the _______.
None of the above
Marketing Manager
Logistics Manager
Human Resource Manager
36
Which one does not belong to demand forecasting models?
Judmental
cause and effect
Time series
All of the above
37
What is not an economic impact of logistic that can affect individual consumers?
Time utility
Economic utility
Consumers utility
Possession utility
38
Which of the following is NOT a Legal Classification of Carriers.
Common carrier
Parcel Carrier
Contract Carrier
Private Carrier
39
One of the problem about labelling is that:
does not allow information to be read
cannot recognise the product code
labelling regulations differ from country to country
None of the above
40
What is not in the Four Basic type of demand forecasting models?
Judgemental
Order forecasting
CPFR
Time series
41
Which of these is NOT an undesirable logistics consequences of Packaging inefficiencies?
Slower material handling
Unit Load
Higher storage cost
Increased loss
42
The primary purpose of warehouse to maximise the usage of available _________ .
equipments
capital investment
storage space
manpower
43
Warehouses facilitate the _______ function in a supply chain.
reorganising
recycle
repacking
regrouping
44
One disadvantage to private warehousing is that it is characterised by___________.
high fixed cost
high material handling
lack of manpower
remote location
45
Which type of information management systems is NOT correct?
Decision Support System
Office Automation System
Communication System
World-Wide System
46
What does pilferage stands for?
salaries
employee theft
logistics
warehousing
47
What does warehouse management refer to?
Managing employees and overlooking their jobs
Place where inventory can be stored for a particular period
short-distance move of products within the confine facility
cost of carrying product, of ordering product and stock-out
48
Which is NOT the function of protective packing?
ensure the product is safe
sealed tampered
contain cushion contents from outside vibrations and shock
labelled with detail and warning
49
Which types of demand forecasting model involves using intuition?
judgemental forecasting
collaborative planning forecasting and replenishment
cause and effect forecasting
time series forecasting
50
There are______ stages of the Order Cycle
4
5
3
6