Practice Quiz

Supply Chain Manager Exam Prep - Question List

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36. In a time flexibility strategy, the results are in ______levels on inventory.
  1. Low.
  2. High.
  3. Both.
  4. No change in levels.
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37. What is an average inventory?
  1. The sum of the current inventory and the beginning inventory divided by 2.
  2. The sum of the current inventory and the ending inventory divided by 4.
  3. The sum of the beginning inventory and the current inventory divided by 10.
  4. Both A and C.
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38. Logistics management is used as a means to ___________.
  1. Maintain and improve the profitability of a manufacturing enterprise
  2. Help boost the economy only
  3. Effectively deploy available resources
  4. Organize the given resources
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39. Globalization has led to more complex logistics and supply chains and planning and managing logistics as a complete system has become more difficult. To solve this problem the best solution for a global company is ________.
  1. To outsource logistics operations
  2. Global branding
  3. Global production
  4. The centralization of information
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40.

The term "costs of system" can be best described as:

  1. Interest rate of the bounded capital, insurance, depreciation, loss by theft
  2. Fix costs of the warehouse equipment, efforts for transfer to and release from stock
  3. Planning, realization, and control of the material flow
  4. Planning of production program, control, and order processing
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