Quiz: Each question has 4 choices. Select the correct answer.

Following are the sequential supply chain stages "Manufacturer, Supplier, Retailer, Distributor, Customer" "Supplier, Distributor, Customer, Retailer, Manufacturer" "Supplier, Manufacturer, Distributor, Retailer, Customer" "Supplier, Manufacturer, retailer, Distributor, Customer"

Which mode of transportation is usually best suited for far distant & fastest delivery? Sea Road Air Rail

Pull strategy is Customer s Demand driven Formulated in anticipation of demand Better suited for FMCG The best strategy

Primary flows which are managed in supply chain are "Information, Funds, Product" "Information, People, Product" "Information, Price, Package" "Process, People, Material"

Phenomenon of fluctuation in order as they move up the SC from retailer to supplier is called Photo-electric effect Bullwhip effect Supply demand variation CPFR

Building constructor s supply chain & manufacturing strategy is Make to stock Engineer to order Make to order Assemble to order

"When customers get products delivered at precisely the right time, not earlier & not later the following value is created." Time utility Place utility Inventory minimization Cost reduction

Supply chain is as strong as its ____ link. Weakest Flexible Strongest Competitors

Which mode of transportation is most inflexible of all? Sea Air Road Pipe

The ability to change a product or service offering to suit customers' needs is called _____? Quality Flexibility Dependability Speed

Managing activities of storage & movement of finished product to customer is Supply chain optimization Distribution Management Strategic fit Strategic management

Non-Asset based 3rd Party logistic providers are called 1PL 2PL 3PL 4PL

The ability of customers to track their orders from placement to delivery is Order visibility Customer satisfaction Returnability Response time

Which of the following sequence is true? Sourcing ? Inbound logistics ? Conversion into finished goods ? Outbound logistics ? Retailing Sourcing ? Conversion into finished goods ? Inbound logistics ? Outbound logistics ? Retailing Sourcing ? Outbound logistics ? Conversion into finished goods ? Inbound logistics ? Retailing Sourcing ? Inbound logistics ? Outbound logistics ? Conversion into finished goods ? Retailing

A simple supply chain structure includes "Supplier, Company, and Customer" "Ultimate supplier, Manufacturer, and Retailer" "Company, Service Provider, and Customer" "Logistics Provider, Finance Provider, and Business Customer"