Top 150+ Solved Supply Chain and Logistics Management MCQ Questions Answer
Q. Which of the following is not a function of wholesaler?
a. Stock holding
b. Sub distribution
c. Promotion
d. None of these
Q. The length of time for which sellers extend credit terms to buyers is known as ………….
a. Marker
b. Dating
c. Buying
d. Price tag
Q. Where production logistics is primarily applied?
a. Manufacturing plants
b. Ware houses
c. Stock rooms
d. None of these
Q. …………describesthe process of logistics within the industry
a. Management logistics
b. Production logistics
c. Logisticians
d. None of these
Q. …………. Is referred as a professional working in the field of logistic management?
a. Manager
b. Ware house man
c. Logistician
d. None of these
Q. A systematic process for originating, developing and evaluating new product ideas is known as ………….
a. Marketing research
b. Product planning & development
c. Market forecast
d. All of these
Q. …………. refers to the process of having the right item in the right quantity at the right time atthe right place for the right condition to the right customers
a. Business logistics
b. Engineering logistics
c. Management logistics
d. None of these
Q. It has been believed that the concept of the logistics originated from the …………..
a. Government
b. Military
c. People
d. None of these
Q. What is the primary function of a logistician
a. Inventory management
b. Selling
c. Packing
d. None of these
Q. Which of the following is an output of logistics
a. Land
b. Facilities
c. Competitive advantage
d. Equipment
Q. A company’s channel decisions directly affect every ……………
a. Marketing decision
b. Employee in the channel
c. Competitor’s action
d. Channel member
Q. What does ROP expands to
a. Repeat Order Quantity
b. Reorder Quantity
c. Reorder-Point
d. Repeat Order Point
Q. The objectives of logistics is
a. Rapid response
b. Consolidated movement
c. Create visibility
d. All of these
Q. To reduce inventory management costs , many companies use a system called ………….. , which involves carrying only small inventories of parts or merchandise , often only enough for afew days of operation
a. Reduction inventory management
b. Supply chain management
c. Economic order quantity
d. Just in time logistics
Q. In a supply chain, material flows in one direction while ………….. from in both direction
a. Process
b. Information
c. Product
d. Semi-finished goods