SUPPLY CHAIN MANAGEMENT
1) Budgets and scheduling are required to ensure limited resources are spent in the best interest of companies vision, Mission and goals
a) True b) False c) Statement not complete d) None
2) Sales and operations planning provides the linkage between the annual review of the strategic plans operational details that is review and adjusted on an monthly basis
a) True b) False c) Statement not complete d) None
3) For implementing sales and operational planning requires the active participation of key personnel of company.
a) True b) False c) Statement not complete d) None
4) The enterprise must understand its market response strategy to determine Resource Buffer including product design and inventory planning policies
a) True b) False c) Statement not complete d) None
5) According to goldilocks Inventory Mnagement approach, but too mush inventory, not too little Inventory but just not the right Inventory at the right time
a) True b) False c) Statement not complete d) None
6) A make to order company provides a wide variety of products in the market with few Raw Materials and long lead Time
a) True b) False c) Statement not complete d) None
7) Sales and operational planning according to _________is the integrating Business planning process that provides management the ability of managing strategy of the supply chain
a) Eli Goldratt b) Dide Ling c) William Scott d) William
8) Sales and operations planning Implementation in three phases normally can be expected to be completed in _____________months
a) 5-10 b) 10-20 c) 12-18 d) 15-25
9) While doing demand and planning process by mangemnet must determine objectives & strategies as they move through their______________
a) Product Design b) Product Life Cycle c) Needs d) Demands
10) Inventory in Buffer resource strategy can be successfully used as a strategy to once market demand with an acceptable________________
a) Lead Time b) Response Time c) Buffer Time d) None
11) A make to order company which considers the use of minimize Raw Material for a variety of end products in VAT strategy is ____________________
a) T-type of plant b) V-type of plant c) A-type of Plant d) z-type of plant
12) Knowing that kind of company you manage (VAT) and what strategy o volume is essential for developing overall ______________________for all Enterprise success.
a) Success strategy b) Buffer Strategy c) Market Strategy d) Material Strategy
13) What is the Integrating Mechanism that brings focused area together to provide financial success for the company
a) Finance, department Mechanism is attempting to project sources
b) The integrating mechanism that provides of the Functional area
c) The mechanism of engineers & scientists working on products to market
d) The mechanism of providing a better designs of highest levels
14) Impact of change cause disruption to planning & control system of ERP because
a) ERP costly for implementation of planning & control
b) ERP system focus on managing change is not the purpose of ERP
c) Effectively managing change is not the purpose of ERP
d) The areas in which changes are identified gives surprising results
15) The sales and operational planning process is the balance of supply an demand because
a) The variables must be considered for this balancing nil
b) The variables of Inventory, material and Lead time, demand new product training and evolve are established
c) Many times budgets are established not based on demand
D) A projected demand growth is not established
16) Inventory and capacity can be utilized to Buffer customer demand from the manufacturing process because
a) Inventory and capacity are not assets in most companies today
b) Both the resources must be wisely spent to realize the best benefits for the enterprise
c) Customers are not demanding higher variety and lower volumes
d) They cannot turn the inventory into profit
17) “Critical Chain scheduling “, methodology improves overall time
a) The traditional scheduling not managing its resources
b) Stack time broken up at each operation is not considered
c) This scheduling method pull all the individual stack times
d) Project management reality is to schedule all the project activities
18) The various tools of project Management for driven company includes
a) Materials requirements planning (MRP) and available to promise(ATP)
b) Enterprise Resource Planning (ERP) and capable to promise (CTP)
C) Program Evaluation Review Technique(PERT) and Gantt Charts
d) Capacity constraint Resource(CCR) and Bill of Materials (BOM)
19) The Elements of sales and operational planning are
a) Business and management planning
b) Planning products, demand, supplied Finance
c) Data and Information Technology
d) All the above
20) The key elements of sales and operational planning are
a) New product Planning
b) Demand & Supply planning
c) Finance planning
d) All the above
21) Sales and operational planning Implementation phases are
a) Developing the foundations
b) Integrating and stream linking
c) Competitive advantage
d) All the above
22) The most flexible Resources in an enterprise to Buffer customer Demand are
a) Inventory b) Capacity c) Process d) All the above
23) The relation between variety and volume in the matrix is
a) Increasing relationship b) Decreasing Relationship c) Inverse Relationship d) Parallel relationship
24) A make to customer company typically skip to customer on Demand because
a) Customers are not willing to wait very long
b) They except the products they want as the shelly
c) Since manufacturing has to build products in advance
d) All the above
25) Match the following
Part A Part B
1) Closed-loop process provides A) competitive advantage for the Enterprise
2) Sales and operations plan could provide a significance B) Feedback on the performance of the company
3) The problems with in an organization C) To focus on the real issues
4) The reconciliation process provides management D) can be linked to the process
26) Match the following
Part A Part B
1) Managing Change is the real purpose A) On supply requirement of MRP
2) Transaction system focus B) for ERP and gives large profits
3) The typical companies largest use of cash C) Individual events either inside or outside
organization
4) Change in triggered by D) is towards the purchase of Raw Material
27) Match the following
Part A Part B
1) Most standard ERP system do not have A) The balance of supply & demand
2) At its vary core the SOP process is B) Sales & operations planning capabilities
3) The financial planners see the C) all the functional area to Enter-price wide plan
4) The ability for the organization to integrate D) organization strictly intern of money
28) Match the following
Part A Part B
1) The impact of current product also must be A) that the product will sell more or less than the
Forecasts
2) The company must take into consideration the possibility B) addressed when new product is introduced
3) Demand planning is the main driven in the C) and the moves to the growth phase
4) The life cycle begins with introductive of product D) Sales and operational planning
29) Match the following
Part A Part B
1) Many make to order companies achieve that A) needed for make to attach companies
2) A common misconception is that forecasting is only B) They do not to Forecast
3) Forecasts are never significant C) required to accomplish these activities
4) Forecasts provide the lead-Time D) They are better than the planning at all
30) Match the following
Part A Part B
1) The two most flexible resources in A) Processes require different types of Buffer
2) Different types of Industries and manufacturing B) an Enterprise are Inventory and capacity
3) Inventory can be used as a strategy C) desires to meet the market demand
4) The company must ask where it D) to meet market demand with acceptable
response Time
31) Match the following
Part A Part B
1) A “v” plant uses low Raw Materials A) then into few end item
2) An “A” plant takes wide variety of Raw Materials and B) to make a wide variety of end item
assembles
3) The “T” plant holds a minimum number of combinations C) semi finished goods & many finished goods
4) An “I” type company uses different Raw Materials and D) possible until the very last moment
converts into fever
Supply Chain Management
1) Companies fail because the management process are ineffective to complete in the market
a) True b) False c) Statement not complete d) None
2) In an ERP system of an organization just planning the process not enough these need to be ___________as well
a) Control b) Monitor c) Managed d) Scheduling
3) Enterprise resource Arrangement more accurately describe all functions required to operation are_______________
a) Planning b) Control c) Management d) all the above
4) The essence of integrating supply chain management performance measures are
a) from customers customer b) from supplier to supplier
c) form suppliers supplier to customers to customer d) from production to sale
5) supply chain management do not include
a) Non integrated supply and do not demand planning b) No order fulfillment and customer services
c) Non procurement and strategic sourcing d) All the above
6) Match the following
Part A Part B
1) We have a specification for the allowable A) why we cut it in the first place
2) We have automated the process so that Robots B) variability of the event from the midpoint
3) We have out sourced this operation to our supplier C) and lasers are used to cut the ham
4) We pay them because we rarely do not understand D) to provide the extra value added step of cutting
the ham
7) The manufacturers use capability for products that can be sold
a) True b) False c) Statement not complete d) None
8) In the ERM check list details of questions what gets measured will be done and is something cannot be measured then it can’t be
a) Modified b) Improved c) Developed d) Estimated
9) Some customers focused measurers could include______________
a) Response lead Time b) Product Development Time c) On time to promise & request d) All
10) George Plossl continued to be thought leader in the supply chain arena
a) with popularization of MRP b) of sophisticated computer system including ERP
c) Advanced planning and scheduling d) Supply chain Management
11) The functional areas that should be included in Integrated Resource Management Education
a) No field service, No marketing and sales
b) No product design and development
c) Non Industrial facility Management
d) All the above
12) Match the following
Part A Part B
1) An organization with many levels of supervision A) in Enterprise wide thrilling
2) Have you fully educated your personnel B) a Team based organization
3) Have you Successfully moved to C) Processes and eliminated all waste
4) Have you re-engineered your major Business D) Suffers reduced speed of Communication
13) Products That can be made and supplied close to the actual demand are more likely to be what customer wants
a) True b) False c) Statement not complete d) None
14) In a organizational hierarchy, reducing the levels also reduces_____________
a) The cost b) Improve performance c) Provides adequate d) All the above
15) An effective team is a collection of people who are able to accomplish more than could be done by _________
a) a group b) a Team c) An individual d) a collection
16) During 1940’s & 1950’s the largest component of cost of goods sold was
a) Labor and labor hours b) Shop floor efficiency c) Production close to the market d) cost of equipment
17) Organizational assessment check list does not include
a) No response lead time b) No product development Time c) many Times to promise d) All
18) Match the following
Part A Part B
1) Have you moved from traditional A) The Principles of life long learning
2) Have you adopted the principles B) silosmith process teams
3) Have you replaced organizational C) methods to value added costing
4) Are you business leaders committed to D) integrated supply chain management
19) A complete Integrating System which includes planning and execution of management when ERP is used as an effective tool
a) True b) False c) Statement not complete d) None
20) The functional areas that should be included in Integrated Resource Management education are ____________
a) Field services & Procurements b) Productions Design & Development
c) HR, Marketing & sales d) None
21) ERP is only part of the ______________facing most organizations today
a) Requirement b) Challenge c) Controlling d) Schedulling
22) Higher volumes between buyer and supplier where volume increases typically
a) Should decrease product cost b) Should increase product cost
c) Should give intellect on sales d) Should not increase Revenue
23) The supply chain operation Reference Model does not include
a) Sales administration Process b) Technical Development Process
c) Product Design and development Process d) All the above
24) Match the following
Part A Part B
1) Who are your customer? What do your A) machinery how well do they use them
2) What are their tools system, data B) Customers need? What are their problems
3) Their shift also caused a C) that some people are not fulled qualified
4) It may become evident D) Drastic change for procurement
25) One time orders increased and also so did remove & profit
a) True b) False c) Statement not complete d) None
26) To achieve highest level of effectiveness, the performance measurement and compensation system________
a) Should be simple b) Easy to understand
c) Directly reward the desired behavior d) All the above
27) The latest advance in obtaining the data is the use of ________relationship Management system
a) Supplier b) Customer c) Developer d) Purchaser
28) As the sales Batch size increases
a) The price decreases b) The price increases c) No change in price d) Price in stable
29) The supply chain council in its process reference model a cross functional Frame work contains
a) Standard description of Management process b) Standard measurement process performance
c) Standard alignment to software features d) All the above
30) Match the following Part A to Part B
Part A Part B
1) Satisfy the customers A) what the retailer has sold
2) understand how the B) real needs not wants
3) Manufacturer need to know C) Committed & changes are very expensive
4) This is where the resources of the D) real world works Enterprise
31) Eliminating non value added activity means that one should automate Bad processes
a) True b) False c) Statement not complete d) None
32) According to Kenneth Blanchard the stages of development normally evolve by a team are______________
a) Formatting b) Storming c) Mooring and performing d) All the above
33) The creativity of a high performing team can successfully move the organization significantly higher levels of _____
a) Achievement b) Results c) Performance d) Goals
34) If there is a distrust between the two partners, Then a true supplier partnership
a) Will not exist b) Will continue c) Will have good cooperation d) All the above
35) A successful strategic sourcing is dependent on a number of factor.
a) Financial stability and cost leadership b) Management commitment to excellence
c) Design and technology strength d) All the above
36) Match the following
Part A Part B
1) This shift also caused a drastic A) Manger holes to is production Labor
2) The most likely place that a B) Change for procurement strategic sourcing
agreements
3) On average the cost of material for an Enterprise C) That most production closer to the market
4) Asian & European Mangers have begun to develop D) comprises about 60-80% of the total cost
Answers
1. a 2.a 3.a 4.a 5.b 6.b 7.b 8.c 9.b 10.b 11.b 12.b
13.b 14.b 15.b 16.b 17. 18. 19.d 20. 21. 22. 23.c 24.d
25. 2 1 4 3 26. 2 1 4 3 27. 2 1 4 3 28. 2 1 4 3 29. 2 1 4 3 30. 2 1 4 3
31. 2 1 4 3
Answers
1.a 2. 3. 4.c 5.4 6. 4 1 2 3 7.a 8.b 9.d 10.a 11.d
12. 2 3 4 1 13.a 14.d 15.c 16.a 17.d 18. 4 3 1 2 19. A 20.d 21.b
22.a 23.d 24. 2 1 4 3 25.a 26.d 27.b 28.a 29.4 30.3 1 4 2 31.b
32.d 33.c 34.a 35.d 36. 2 1 4 3
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