Purchasing of Materials and Supply Chain Management MCQs
Purchasing of Materials and Supply Chain Management MCQs
Our experts have gathered these Purchasing of Materials and Supply Chain Management MCQs through research, and we hope that you will be able to see how much knowledge base you have for the subject of Purchasing of Materials and Supply Chain Management by answering these multiple-choice questions.
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1: Which process is used for matching planned system outputs with the necessary capacity requirements ?
A. Channel separation
B. Commodity
C. Capacity management
D. All of these
2: A process where the company develops various marketing techniques and strategies to service a large customer base is known as _______ .
A. Channel separation
B. Commodity
C. Capacity management
D. All of these
3: Commodity is a standard article of trade or commerce.
A. True
B. False
4: Customer service is the fraction of customers’ demand that is satisfied without ________ as promised; also known as service level or fill rate.
A. Delay
B. Received
C. Both a & b
D. None of these
5: Distribution channel is the network of system components from the manufacturer to the final consumer & _______ that tie the components together.
A. Pipeline
B. Linkages
C. Both a & b
D. None of these
6: The period of time required to perform a specific activity of work is known as ________ .
A. Order cycle
B. Lead time
C. Make-to-order
D. Make-to-stock
7: A manufacturing process in which manufacturing starts only after a customer’s order is received is known as _______ .
A. Order cycle
B. Lead time
C. Make-to-order
D. Make-to-stock
8: Make-to-stock used by businesses to match the inventory with anticipated consumer demand.
A. True
B. False
9: The flow of information and materials or a set of activities is known as _______ .
A. Order cycle
B. Lead time
C. Make-to-order
D. Make-to-stock
10: The means by which various resources flow is known as _______ .
A. Order cycle
B. Pipeline
C. Make-to-order
D. Make-to-stock
11: The delay between receipt of raw materials and the availability of the finished goods produced is known as ______ .
A. Order cycle
B. Pipeline
C. Make-to-order
D. Make-to-stock
12: The value of an article is determined by the _______ at which a satisfactory supply of materials and equipment or services can be obtained.
A. lowest cost
B. Highest cost
C. Medium cost
D. Average cost
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Purchasing of Materials and Supply Chain Management MCQs
