Please do it as early as possible

(1)

Fill rate is a KPI of

Planning

Purchasing

warehouse distribution

Production

(2)

"Jake, a CEO finds that the Turnover rate changed from 13.1 to 18.98"

This is a good thing for his company

This is bad thing for his company

can't tell

This is not something to compare for KPI for supply chain

(3)

Frederick Taylor is known for

Statistical management

Scientific management

Human Resources Management

Information management

(4)

The types of inventory in a Supply chain are

Everything in a company

Stocks

Packaged goods

Raw materials and Work-in-progress

(5)

A type of Innovation in Manufacturing is

Discovery of Fire

Economic Revolution

American System of Manufacture

Different resistors in circuits

(6)

Which of the following is NOT true regarding mean absolute deviation

A lower number represents a more accurate forecast

Uses absolute values to remove negative numbers

Determines how far away the forecasts are from the actual demand

uses squared error for each period

(7)

The weighted Simple Moving Average is helpful because

It uses many periods

It uses more of the more recent period

It can use many periods from history

It is subjective actually

(8)

Lean production

increases turnover

produces more

Speeds production

Cuts wastage

(9)

Agile Manufacturing holds promise

to reduce costs and increase profit

to pivot in uncertain times

To mass customize

to employ higher # of manpower

(10)

The na ve method can be used

as it is highy accurate

as it is a very advanced way

only as a raw method

by specialists only

(11)

"In operations, forecasts are the basis for all of the following EXCEPT"

project management

capacity planning

inventory planning

pricing and promotion

(12)

Strategic operations of a business

is short term and highly effective

creates value in the product for the customer

finds a balance between cometitive advantage and sales

finds cost effective measures

(13)

The financial rates is a form of

non-economic cycle

Cyclic demand pattern

inflation

seasonal

(14)

The smoothing constant determines

stability

the response of the Forecast to changes

is always more than 1

can't tell from these choices

(15)

Operations Management is

working with e-commerce and productivity

improving production

increasing customer service

All of these

(16)

QR are a combination of

Bar codes and RFID

POS and CPFR

Can't say

EDI and QR

(17)

Suppliers and Customers form a part of

Internal Supply chain

Downstream levels

External Supply Chain

Can't tell

(18)

Crossdocking helps

warehouse organization

in increasing time

Reduce Warehourse costs and increased profits

HR organization

(19)

A company must always reduce costs by choosing

to ship by water

to ship by road

to ship by rail

It depends on the business

(20)

Categories of the Transformation process are

"Finance, Supply and Transport"

"Manufacture, staffing and Finance"

"Supply, service and Transport"

"Transport, Service and Decorations"

(21)

CPFR helps a business in

Increasing Inventory

managing accounts

hoarding stocks

Reduce Shortages and Inventory

(22)

Replenishment of Stocks help in

		improving Quality
		Increased Sales
		better value for rent paid
		none of the above