Project #34447 - Global Supply Chain Management

 

Question 1

 

Choosing transportation mode is a function of

 

 

 

Volume, weight and value of freight

 

Distance to be travelled

 

Availability of services, freight rates etc.

 

Freight rates

 

All the above

 

Question 2

 

Which is most appropriate statement for global supply chain system that

 

 

Partners and facilities are spread across international locations

 

Internally connect between warehousing and material management systems

 

Establish successful in-transit communication between locations

 

Inventory are efficiently stored at production facility

 

Marking in multiple stages in various states and regions

 

2 points

 

Question 3

 

Which is not a challenge for global supply chain

 

 

Assets tracking and management

 

Complexity of foreign trade and regulatory restriction

 

New phases of logistic service providers

 

Security

 

Timely payment concern

 

2 points

 

Question 4

 

During warehousing, value can be added to a product:

 

 

By improving its product quality (cheese)

 

By improving the service associated with its delivery information

 

By adding more free zone in the warehouse

 

By reducing its costs (reduced packaging, reduce administration)

 

By reducing its lead time (cross docking)

 

2 points

 

Question 5

 

Which is not an activity of warehouse material flow system

 

 

Receiving

 

Put away (moved to and stored) to a predetermined location

 

Order picking/packing

 

Goods dispatching

 

Technical connectivity

 

2 points

 

Question 6

 

Which is not a possible measure on a Balanced Scorecard of a logistics company

 

 

Financial measures

 

Customers gain, loss, satisfaction

 

On time deliveries

 

Product quality control

 

New IT solutions developed, new product offerings

 

2 points

 

Question 7

 

Measure performance in terms of capacity, which is appropriate statement

 

 

Capacity utilization = actual output / minimum capacity

 

Capacity efficiency = actual output / effective capacity

 

Design capacity = actual output / capacity utilization

 

Capacity efficiency = actual output / design capacity

 

Effective capacity = actual output / maximum capacity

 

2 points

 

Question 8

 

Which one is not a serious problem in any supply chain by Bullwhip effect

 

 

Non-zero lead-time variation

 

Demand forecast processing

 

Order size reduction

 

Price variation

 

Customer over ordering

 

2 points

 

Question 9

 

A purchasing decision should consider all related costs, except

 

 

Freight and Carrying Costs

 

Customer service

 

Order size

 

Packaging

 

Warehousing

 

2 points

 

Question 10

 

Which of the following is not an appropriate statement

 

 

Outsourcing reduce direct, indirect and capital costs

 

Outsourcing involves handling process ownership to a third party

 

Outsourcing is the transferring specific process to lower cost location

 

Learn from local suppliers, foreign customers or competitors

 

Outsourcing is to gain access to world class capabilities or attract talent globally

 

2 points

 

Question 11

 

Lean production system does not emphasis on

 

 

Efficiency of individual machine

 

Quick machine turnovers

 

Elimination of manpower

 

Even production flow. i.e., no work-in-process, WIP inventory

 

Low level of finished product inventory

 

2 points

 

Question 12

 

Agile supply chain Planning & Execution does not applies to situations where

 

 

Designed to cope with volatile demand

 

Replenishment lead time is long,

 

Often incorporates postponed production

 

All of the above

 

Both the first and second answers

 

2 points

 

Question 13

 

Which is not a reason for failure in Outsourcing

 

 

Late delivery – undermine customer satisfaction

 

Faster mode of transportation due to late

 

Consistency of quality

 

Costs for outsource – for return and rejects

 

Poor customer service for both outsourcer and outsource

 

2 points

 

Question 14

 

Although nearly any organization can be part of a supply chain, but global supply chain management requires:

 

 

Involvement of third-party logistics companies

 

Overt management efforts by the organizations in a supply chain

 

Participation of world-class organizations

 

At least one organization to be a multinational company

 

At least one organization to be from outside the country

 

2 points

 

Question 15

 

Which of the following is a routine occurrence in global supply chains?

 

 

documentation errors

 

incomplete shipments

 

packaging errors

 

failure to follow order guidelines

 

all of the above are routine occurrences

 

2 points

 

Question 16

 

Which of the following is not an opportunity of globalization for organizations?

 

 

Increased market access

 

Liberalization of trade

 

Rising communication and transportation costs

 

Global sourcing, purchasing and production

 

High quality product

 

2 points

 

Question 17

 

Which is not a Benefits of information visibility

 

 

Reduced schedule variability

 

Shorter planning periods

 

Consistent partnerships

 

Supply chain synchronization & coordination

 

Authoritative point of control

 

2 points

 

Question 18

 

Which is not a Barriers to information visibility

 

 

Cultural barriers

 

Financial barriers

 

Technical barriers

 

Organizational barriers

 

Phantom Stock problems

 

2 points

 

Question 19

 

Which is not predominantly use of Electronic Data Interchange (EDI)

 

 

Purchase orders from customers to suppliers

 

Invoices for payment from suppliers to customers

 

Delivery schedule data

 

Building up complex Knowledge

 

Payment instructions

 

2 points

 

Question 20

 

Which is not a Primary RFID applications

 

 

Asset tracking and management

 

Increased security of freight

 

Improved stock management and availability

 

Knowledge sharing for future warehousing

 

Reduced errors in product data handling

 

2 points

 

Question 21

 

Globalization inevitably makes organizations less efficient due to increased costs of doing business internationally.

 

True

 

False

 

1 points

 

Question 22

 

Market capitalization is always higher than shareholder equity

 

True

 

False

 

1 points

 

Question 23

 

Price earning is the stock market value of the company

 

True

 

False

 

1 points

 

Question 24

 

‘Return of Equity’ is the ratio of net profit after tax and shareholder’s equity

 

True

 

False

 

1 points

 

Question 25

 

In ‘Top Down strategy, junior manager dictate all strategies

 

True

 

False

 

1 points

 

Question 26

 

Financial performance is the overall profitability of sale, defined as the ratio of net profit before interest & tax and the Capital employed (share and loans)

 

True

 

False

 

1 points

 

Question 27

 

Overall profitability is the turnover of capital employed, which is the ratio of net profit before interest including tax and Total sales revenue

 

True

 

False

 

1 points

 

Question 28

 

Mass customization is enabled by reconfiguration of product and process design so as to allow postponement of final product customization

 

True

 

False

 

1 points

 

Question 29

 

Current ratio is the ratio of current assets and current liabilities

 

True

 

False

 

1 points

 

Question 30

 

The logistics activities have impact on the environmental sustainability and related concepts such as carbon footprints and food miles.

 

True

 

False

 

 

 

 

 

 

“Global Logistic and Supply Chain Management” By John Mangan, Chandra Lalwani,

Tim Butcher, & Roya Javadpour, Wiley & Sons,

 

ed., 2011.

 

 

Subject Business
Due By (Pacific Time) 07/01/2014 10:00 am
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