QUESTION 11

1. ORDERING COST CAN ALSO BE REFFERED AS COST TO CARRY AN ITEM

   True

   False

0.5 points

QUESTION 12

1. INVENTORY STRATEGY FOR EFFICENT SUPPLY CHAIN IS TO MINIMIZEE INVENTIRY TO LOWER COST

   True

   False

0.5 points

QUESTION 13

1. Incoterms clarify

   		Responsibilities of the importer and exporter in commercial transactions
   		Freight terms and rates between the importer and exporter
   		Payment terms between the importer and exporter
   		Method of payments between the importer and exporter

0.5 points

QUESTION 14

1. "THE TERM PROCUREMENT, SOURCING & SUPPLY MANAGEMENT ARE OPERATIONAL & SHORT TERM IN NATURE"

   True

   False

0.5 points

QUESTION 15

1. The firm may prefer to go for _______ if they have to protect their proprietary technology

   		none of the available options
   		making
   		buying
   		benchmarking

0.5 points

QUESTION 16

1. EFFICENCY IS THE SUB DIMENSION OF WHICH OF THE SUSTAINABILTY MATRIC

   		SOCIAL
   		ECONOMIC
   		ENVIORMENT

0.5 points

QUESTION 17

1. The system through which supplier maintains an inventory of certain items at the customer s plant is called

   		EDI
   		VMI
   		CPFR
   		EXW

0.5 points

QUESTION 18

1. Which of the following is a false statement for forecasting?

   		Forecasts are usually Incorrect
   		Qualitative forecasting is usually opinion based forecasting
   		Forecast for group of items is accurate than individual item
   		Short range forecasts are less accurate than long range forecasts

0.5 points

QUESTION 19

1. "In which of the following forecasting technique, subjective inputs obtained from various sources are analyzed?"

   		Judgmental forecast
   		Time series forecast
   		Associative model
   		All of the given options

0.5 points

QUESTION 20

1. DECREASED EFFICENCY IS ONE OF THE BENEFIT OF SUSTAINABLE SUPPLY CHAIN

   True

   False

COURSE NAME SUPPLY CHAIN MANAGEMENT

URGENT NEED ANSWER