Logistics Management Quiz:
__ is a part of supply chain management
(a) Financial management
(b) Human resource management
(c) Marketing management
(d) Logistic management
LIS in logistics management stands for
(a) logistical inventory system
(b) logistical investment system
(c) logistical input system
(d) logistical information system
Smart companies coordinate their logistics strategies and forge strong partnership with suppliers and customers to improve customer service and reduce channel cost through __
(a) cross-company teams
(b) partnering
(c) segregated departmentalization
(d) cross –functional, cross-company teams
__ includes design and administration of systems to control the flow of materials, WIP and finished inventory to support business unit strategy.
(a) Logistics Management
(b) Materials Management
(c) Bill of Materials
(d) None
Today , a growing number of firms now outsource some or all of their logistics to __
(a) disintermediaries
(b) competitors
(c) cross-functional teams
(d) third-party logistics providers
The effective implementation of logistic strategy includes in __ stage.
(a) corporate vision
(b) logistic strategic analysis
(c) logistic planning
(d) managing change
Material management function in logistics management known as __
(a) out-bound logistics
(b) in-bound logistics
(c) material logistics
(d) production logistics
__ logistics function ensures timely availability of semi processed materials and components inventory to support the production schedule
(a) procurement function
(b) production function
(c) physical distribution function
(d) material management function
Marketing logistics in logistics management known as __
(a) out-bound logistics
(b) in-bound logistics
(c) material logistics
(d) production logistics
Proper definition and communication of logistics __ objective are prerequisites for the development, implementation, administration, and control of logistic system design.
(a) strategic
(b) operational
(c) managerial
(d) technical
Material handling is a branch of engineering which deals with the movements of __ between two or more different points.
(a) goods
(b) material
(c) product
(d) place
__ requires cradle –to –cradle logistics
(a) quality
(b) inventory reduction
(c) life cycle support
(d) responsiveness
__ objective in logistics ensure a proper balance between total logistic cost and a desired level of customer service performance.
(a) Right value
(b) Right information
(c) Right quality
(d) Right cost trade-offs
Logistics add value by creating __ Utilities.
(a) time and place
(b) risk
(c) protection
(d) promotion
The gift of logistics system is the same level of customer service can be maintained with a __ (a) higher inventory
(b) lower inventory
(c) total inventory
(d) valued inventory
The six R’s about operational objective of logistic management includes Right response, Right quality, Right quantity, Right value, Right cost trade- offs, and __
(a) Right production
(b) Right place
(c) Right information
(d) Right person
The term Logistics stems from the Greek word __
(a) logico
(b) lobistico
(c) logisticos
(d) logo
__ technical report (1981) defines logistics as the science of planning and carrying out the movement and maintenance of forces.
(a) UK air force
(b) Indian air force
(c) Russian air force
(d) US air force
Production function of logistics is also called __
(a) manufacturing function
(b) operation function
(c) both (a) and (b)
(d) none of the above
__ and physical distribution are the two major operations of logistics.
(a) Supply Chain Management
(b) Materials Management
(c) Logistics Management
(d) None
The managing change by developing a cohesive environment in the organization is included in __ stage of strategic planning process.
(a) corporate vision
(b) logistic strategic analysis
(c) logistic planning
(d) managing change
Logistics system follows the principle of __ advantage.
(a) comparative
(b) co-operative
(c) discriminating
(d) productive
ROLA in logistic management means __
(a) Return On Local Assets
(b) Return On Logistics Assets
(c) Requirement Of Local Assets
(d) Requirement Of Logistics Assets
Logistics activities provide the bridge between production and market locations that are separated by __ and __
(a) place and product
(b) time and distance
(c) process and programme
(d) product and distance
__ system in logistic management refers to a set of activities concerned with storage and flow of all materials, information and control systems in a cost-efficient manner.
(a) operating
(b) physical
(c) integrated
(d) distribution
Strategic logistics planning process starts with the definition of __
(a) corporate vision
(b) logistic strategic analysis
(c) logistic planning
(d) managing change
Apart from economic and non-economic benefits , __ is the main artery of logistics and supply chain management for the movement of goods.
(a) warehousing
(b) production
(c) storage
(d) transportation
All of the following are the logistics functions EXCEPT?
(a) Order processing
(b) Warehousing
(c) Inventory management
(d) Retailing
__ of a logistic system design taking in to consideration all the costs of the integrated system.
(a) inventory analysis
(b) production analysis
(c) benefit analysis
(d) total cost analysis
Which of the following is not an area of responsibility for a logistics manager?
(a) warehousing
(b) inventory
(c) information systems
(d) marketing
