1. USE OF SINGLE SUPPLIER CAUSES QUALITY VARIABILITY

   True

   False

1. "Position s workers, their equipment, and spaces/offices to provide for movement of information."

   		Office layout
   		Retail layout
   		Warehouse layout
   		Fixed-position layout
   		Process-oriented layout

FASHION GOODS ARE EASY TO FORECAST

1. True

   False

The initial decision whether a manufacturer fabricates in-house or uses an outside supplier is known as _____________________?

1. 		An Offshoring decision
   		A Make-or-Buy decision
   		"SRM, ISCM, CRM"
   		"ISCM, MRP, RFQ"

Fixed-position layout has the following objective.

1. 		Move material to the limited storage areas around the site
   		Manage varied material flow for each product
   		"Identify a product family, build teams, cross train team members"
   		Equalize the task time at each workstation
   		Balance low-cost storage with low-cost material handling

Addresses trade-offs between space and material handling.

1. 		Warehouse layout
   		Fixed-position layout
   		Process-oriented layout
   		Work-cell layout
   		Product-oriented layout

ON TIME DELIVERY IS THE RELIABILTY ATTRIBUTE OF SUPPLIER SELECTION CRITERIA

1. True

   False

Incoterms stand for

1. 		International Commercial Terms
   		International Communication terms
   		International Conveyance Terms
   		International College Terms

GLOBAL SUPPLIERS ARE USUALLY MORE RESPONSIVE

1. True

   False

EFFICENCY IS IMPROVED BY E - PROCURMENT

1. True

   False

INCREASED VARIABILTY IS GOOD FOR SUPPLY CHAIN MANAGEMENT

1. True

   False

"The seller delivers the goods-cleared for imports-to the buyer destination. The seller bears all costs and risks of moving goods to destination, including the payment of Customs duties and taxes"

1. 		DDP
   		EXW
   		FOB
   		CFR

"SUPPLY CHAIN IS DYNAMIC & INVLOVES THE CONSTANT FLOW OF INFORMATION, PRODUCT & BETWEEN DIFFERENT STAGES"

1. 		FUNDS
   		DOCUMENTS
   		HUMAN RESOURSE
   		CAPTIAL ITEM

"The terms purchasing and procurement should not be seen as synonymous. As such, which of the following statements do you think has greatest validity?"

1. 		Procurement has a broader meaning than purchasing
   		Procurement is broadly equivalent to purchasing
   		Purchasing has a broader meaning than procurement
   		None of the available options

"PURCHASING IS OBTAINING MERCHANDISE, RAW MATERIAL, MRO SUPPLIES IN EXCHANGE OF MERCHNDISE"

1. True

   False

INCREASED VISIBILTY IS NOT GOOD FOR SUPPLY CHAIN MANAGEMENT

1. True

   False

SINGLE SUPPLIER CAN PROVIDE TRANSPORTATION ECONOMIES

1. True

   False

Retail layout has the following objective.

1. 		Expose customer to high-margin items
   		Balance low-cost storage with low-cost material handling
   		Move material to the limited storage areas around the site
   		Manage varied material flow for each product
   		"Identify a product family, build teams, cross train team members"

PUSH PROCESS ARE PERFORMED IN RESPONSE TO CUSTOMER DEMAND

1. True

   False

SUPPLY CHAIN PROFESSIONAL SHOULD HAVE . ORIENTED APPROACH

1. 		PROCESS
   		ACTIVITY
   		WORK
   		SILO

Warehouse layout has the following objective.

1. 		Balance low-cost storage with low-cost material handling
   		Move material to the limited storage areas around the site
   		Manage varied material flow for each product
   		"Identify a product family, build teams, cross train team members"
   		Equalize the task time at each workstation

Process-oriented layout has the following objective.

1. 		Manage varied material flow for each product
   		"Identify a product family, build teams, cross train team members"
   		Expose customer to high-margin items
   		Balance low-cost storage with low-cost material handling
   		Move material to the limited storage areas around the site

USE OF MULTIPLE SUPPLIERS DONOT SPREAD THE RISK OF SUPPLY INTERRUPTIONS

1. True

   False

"SUPPLY CHAIN MANAGEMENT IN THE MOST SIMPLEST FORM IS THE MANAGEMENT OF STAKEHOLDER, COST & MATERIAL"

1. True

   False

THE OBJECTIVE OF SUPPLY CHAIN IS TO MAXIMIZE THE OVERALL VALUE GENERATED

1. True

   False

DECENTRALIZATION OF PURCHASING AVOIDS DUPLICATION

1. True

   False

Which of the following does not belongs to the constraints on human resource location strategy?

1. 		Process
   		Climate
   		Temperature
   		Noise
   		Light

Which of the following is a false statement for forecasting?

1. 		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

TWO MAJOR TYPE OF FACILITES ARE PRODUCTION SITE & STORAGE SITE

1. True

   False

MRO ITEMS ARE PURCHASED TO BE SOLD

1. True

   False