Question 1

Distribution requirements planning is a system for&#10;A)inventory management&#10;B)distribution planning&#10;C)both 'a' and 'b'&#10;D)none of the above

Accepted Answer

Distribution Requirements Planning (DRP) is a system used for both inventory management and distribution planning, ensuring that inventory is available where and when it is needed in the distribution network.

Question 2

Reverse logistics is required because&#10;A)goods are defective&#10;B)goods are unsold&#10;C)the customer simply change their minds&#10;D)all of the above

Accepted Answer

Reverse logistics is required for all the mentioned reasons: when goods are defective, when they are unsold, and when customers change their minds, necessitating the return of products to the manufacturer or distributor.

Question 3

What are the elements of logistics system ?&#10;A)transportation&#10;B)warehousing&#10;C)inventory management&#10;D)all of the above

Accepted Answer

All of the above elements - transportation, warehousing, and inventory management - are integral parts of a logistics system. These components work together to ensure the efficient and effective movement and storage of goods from origin to destination.

Question 4

Logistics system are made up of 3 main activities.&#10;A)order processing&#10;B)inventory management&#10;C)both 'a' and 'b'&#10;D)none of these

Accepted Answer

Logistics systems indeed encompass both order processing and inventory management among their main activities, making both of these elements crucial for the efficient operation and management of the supply chain.

Question 5

E-logistics features :&#10;A)every modification is logged&#10;B)advanced search capabilities&#10;C)both 'a' and 'b'&#10;D)none of these above

Accepted Answer

E-logistics systems often feature both the logging of every modification for traceability and accountability, and advanced search capabilities to efficiently manage and track logistics operations.

Question 6

Which is not a part of basic systems of codification?&#10;A)alphabetical system&#10;B)numerical system&#10;C)colour coding system&#10;D)none of these above

Accepted Answer

All the options listed (alphabetical, numerical, and colour coding systems) are indeed recognized methods of codification used in various contexts to organize and categorize information or items. Therefore, none of the options provided is excluded from being a basic system of codification.

Question 7

&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230; and physical distribution are the two major operations of logistics .&#10;A)supply chain management&#10;B)material management&#10;C)logistics management&#10;D)all of the above

Accepted Answer

Material management and physical distribution are the two primary operations of logistics, focusing on the procurement, handling, and movement of materials and finished goods.

Question 8

Which of the following is not a component of 4 PL?&#10;A)control room&#10;B)resource providers&#10;C)information&#10;D)recycling

Accepted Answer

The answer of Which of the following is not a...

Question 9

Which of the following is not a part of supply chain management system?&#10;A)supplier&#10;B)manufacturer&#10;C)information flow&#10;D)competitor

Accepted Answer

Competitors are not considered a part of a company's supply chain management system. Supply chain management focuses on the flow of goods and information between suppliers, manufacturers, and customers, not competitors.

Deck 3: Logistics and E-Logistics