[TTC] Tổng hợp các câu hỏi trắc nghiệm từ cuộc thi sinh viên
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THE TRAINEE CLUB
FOUNDATION OF LOGISTICS AND SUPPLY CHAIN
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1)
Redesigning the supply chain is one of the elements that make the supply
chain more robust, secure, and agile by focusing on …?
a.
Location strategies
b.
Sourcing strategies
c.
Manufacturing strategies
d.
Pricing strategies
2)
Match the non-financial KPIs with the according elements to measure a supply
chain’s resiliency during disruption periods (one element can match with more
than one KPI)
1.
Agility
2.
Flexibility
3.
Information sharing
A.
Capacity utilization
B.
Supplier delivery efficiency
C. Order lead time
a.
1-B, 2-A, 3-C
b.
1-A, 2-A,C 3-B
c.
1-A,B, 2-A,C, 3-C
d.
1-C,A, 2-B,A, 3-C
3)
Resilience strategies are classified into two approaches: …. (a pre-disaster
strategy which seeks to reduce the possibilities for disruption) and … (a
post-disaster strategy which aims at reducing the consequences of
disruptions)
a.
low risk, high risk
b.
proactive, reactive
c.
ecological, engineering
d.
operational, disruption
4)
A supply chain of ABC’s retailer, warehouse, and factory is presented. ABC’s
factory orders 1000 units of products every week from factory to warehouse,
which aligns with the retailer’s demand. ABC’s warehouses hold a risk
mitigation inventory of 7000 units. Due to a natural disaster, ABC’s factories
are forced to shut down for 10 weeks. Assuming weekly shipment, calculate
the weeks of stocking available for retailing during the 10 weeks of shutdown
a.
7 weeks
b.
10 weeks
c.
3 weeks
d.
1 week
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5)
In building resilience by balancing profitability and risk, low … (1) and high …
(2) lead to an erosion of profits, whereas, high … (1) combined with low … (2)
takes on more supply chain risk than the system is capable of withstanding
a.
(1) flexibility, (2) efficiency
b.
(1) vulnerabilities, (2) capabilities
c.
(1) visibility, (2) efficiency
d.
(1) adaptability, (2) efficiency
6)
Which supply chain resilience strategies should be used for robustness and
recovery dimensions:
a.
Multiple sourcing, Flexible Manufacturing System, E- based process
b.
Information sharing, Conditioning for disruption, Strategic stock and slack
c.
Supplier contract flexibility, Diversification, ERP System
d.
Revenue management via Dynamic Pricing, Parallel process, and
Interchangeable people
7)
Match the themes that shape post-disruption recovery efforts to suitable
actions:
1.
Reassess make-or-buy decisions
2.
Sustain new norms through operations
3.
Reassess the total operational cost structure
A.
Building operations resilience
B.
Increasing operating expense transparency
C. Driving the future of work
a.
1-C 2-B 3-A
b.
1-A 2-B 3-C
c.
1-A 2-C 3-B
d.
1-C 2-A 3-B
8)
Which of the following statements is true about the bullwhip effect and ripple
effect:
a.
The ripple effect mainly decreases current performance parameters such as
dally stock-out and overage costs; whereas the bullwhip effect reduces the
critical parameters such as service level and total costs.
b.
The bullwhip effect happens when the disruption-based scope of changes in
supply chain structural design; while operative problems such as demand
fluctuation are common causes of the ripple effect.
c.
The ripple effects can lead to failure in operative parameters such as lead
time and Inventory; whereas the bullwhip effect may cause structure problems
and reduce service levels
d.
In recovery, it is required middle and long-term solutions with significant
investments for ripple effects, while short-term solutions to balance demand
and supply are usable for the bullwhip effect.
9)
Match the goals of the supply chain with suitable measurements:
1.
Waste reduction
2.
Time compression
3.
Product/process innovation
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A.
Product finalization point
B.
Supply chain cost of ownership
C. Supply chain cycle efficiency
a.
1-A 2-B 3-C
b.
1-B 2-A 3-C
c.
1-C 2-B 3-A
d.
1-B 2-C 3-A
10) As supply chain transparency has been considered one of the best solutions
for boosting resilience in a supply chain, it is obvious that sharing information
between members of the supply chain is crucial. To achieve that goal, which
one of the following does not need to proactively share their information with
other actors?
a.
End-consumers
b.
Actors on the same levels in a supply chain
c.
Manufacturers
d.
Raw-material suppliers
11) According to the impact and likelihood of supply chain disruptions
classification framework, which of the following can be considered as "high
impact and high likelihood disruption:
a.
Visible quality problem, Single port closure
b.
Visible quality problem, Single port closure
c.
Labor unrest, Loss of key suppliers
d.
Transportation disruption, IT system failure
12) Last month, the customer order was 1200 units, and the safety stock is 25% of
demand. The demand is predicted to decrease by 10% per month. Calculate the
fluctuations in production rates of the manufacturer in this month.
a.
Decrease by 10%
b.
Decrease by 12,5%
c.
Decrease by 15,6%
d.
Increase by 15,6%
13) Which of the following indices is NOT used to analyze and calculate the impact
of capacity disruptions at the main vendor on overall supply chain
performance?
a.
Total Revenue
b.
Order fulfillment
c.
Total costs
d.
None of the above
14) TTC is a facemask manufacturing company with a safety inventory level of
10.000 units. Due to a disease lockdown policy, TTC's factories have to be shut
down for 4 months. With each month's actual demand being 3000 units, how
many units should TTC have stocked so that the Risk Exposure Time during
the lockdown equals 0?
a.
7000 units
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b.
12000 units
c.
10000 units
d.
11000 units
15) According to the triangle of resilience concept, the disruption severity of the
company was proportional to the:
a.
Recovery time
b.
Recovery performance
c.
Degree of resilience
d.
Performance level
16) There are two basic factors in quantitative analyses for risk: the likelihood of a
risky event occurring, and the consequences when the event does. When there
is a 90 percent chance of no delay, and any delay costs $20.000, calculate the
expected value of an event of a delay.
a.
20000
b.
2000
c.
18000
d.
Cannot calculate
17) One of the risk actors in a supply chain might incur is raw material shortages.
Which one of the following should NOT be used to build resilience for the
whole supply chain, regarding the aforementioned aspect?
a.
Planning to order components earlier than usual and allowing extra time for
delivery
b.
Ordering in large lots for unperishable goods
c.
Reducing the share of components sourced from any single supplier
d.
Adding a production model using two different designs for the same products
18) As an overview of supply chain resilience, which of the following is not
considered a resiliency factor?
a.
Supply chain market position, Supply chain security
b.
Supply chain recovery. Supply chain dispersion
c.
Supply chain capacity, Supply chain efficiency
d.
Supply chain risk, Supply chain vulnerability
19) TTC is a screwdriver manufacturing company with the expected service level
of 95%. During political-social unrest which lasted 3 months, 30% of TTC's
manufacturing had to shut down for safety precautions. Due to a risk
mitigation policy in safety stock, TTC can still keep up with 95% service level.
After the unrest has ended, it takes TTC a month to fully recover to the usual
rate of supply and service level of 95%. In which period of time should TTC
consider establishing reactive mitigation strategies?
a.
3 months of unrest
b.
1 month of after-unrest
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c.
Period of time before unrest
d.
Period of time after fully recovered
20) If the sale volume peaks at 200 units per month, then and the profit margin is
$20 each. In two recent months, there has been a delay in production that
caused a 2% reduction in the average volume of 150 units per month. Calculate
the profit lost of delay.
a.
4120
b.
4200
c.
1200
d.
4000
21) Which of the following consequences is a result of shipping directly from the
point of manufacturing to the customer rather than through a distribution
network?
a.
Delivery lead times are consistent
b.
Distribution overhead is increased
c.
Risk pooling benefits are negated
d.
Order-fill rate is decreased
22) IKEA, which is a Swedish furniture retailer with large stores in more than 20
countries, has targeted customers who want stylish furniture at a reasonable
cost. Which part of the strategy should not be adopted by IKEA to make an
efficient supply chain with low demand uncertainty?
a.
Adopting ETO models in MPC systems
b.
Limits the variety of styles that it sells through modular design
c.
Passes along little uncertainty to its manufacturers in developing countries
d.
Inventory at large IKEA store
23) LogPharma is a pharmacy retail chain. In a city, the company operates 10
stores supplied from 2 supply sources. Vans can transport 80,000 units in one
shipment and cost $800 per load plus $40 per delivery. The cost of holding one
unit in inventory at retail for a year is $0.2. The company applies the direct
shipping network. Calculate the annual transportation cost of LogiPharma if
sales for each product at each retail store are 1,200,000 units
a.
126000
b.
412000
c.
152000
d.
252000
24) Major retailers place pressure on manufacturers of liquid laundry products to
reduce the amount of water content by half. Where should the manufacturers
focus to gain this green initiative improvement effort?
a.
Transportation mode selection
b.
Material handling
c.
Product design
d.
Packaging
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25) How can a company fulfill the requirement of differentiated delivery lead time
with higher net profits?
a.
Apply logistics network design with differentiated delivery lead time
b.
Apply consolidated logistics network design using consolidation hubs
c.
Apply logistics network design with price discount
d.
Outsource the operations
26) LSC Inc. is a producer of FMCG products. The company currently serves a
high-density market, whereas the warehouse is far from the market. LSC
should…?
a.
use the in-house fleets with milk-run distribution
b.
outsource a Logistics Service Provider to do the milk-run distribution
c.
ship the products to a cross-dock center, then apply the milk-run to customer
d.
use the private fleets with cross-docking
27) Which following statement is true?
a.
Rising number of destinations in milk-run leads to rise in higher transportation
cost and lower inventory cost
b.
Companies like Shopee should use direct shipment with milk-run
c.
For high value-to-weight ratio products, reducing transportation costs is more
important than inventory costs
d.
Lead time in direct shipment is long whereas the inventory is small
28) An instant noodle company wants to support people as the COVID-19 occurs.
One truckload is about 1500 units, whereas the demand for one ward is about
150-200 units. These received wards are situated near each other. Which of the
following networks should the company choose?
a.
Direct shipment
b.
Hub-and-spoke
c.
Cross-docking
d.
Milk-run
29) Logi LLC is making a distribution plan for their products. As known,
responsiveness is one of their top priority in distribution activities. Which of
the following solutions is the most suitable with Logi?
a.
Outsourcing the transportation with inventory aggregation
b.
Outsourcing the transportation with inventory disaggregation
c.
In-house transportation with inventory disaggregation
d.
In-house transportation with inventory aggregation
30) Customer demand is 200 units per week. Each employer works on an 8-hour
shift every day, 6 days per week basis. Each shift has a half an hour lunch
break and two 15-minute coffee breaks. To be able to meet demand, production
must occur at the rate of one unit every
a.
12.6 minutes
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b.
15 minutes
c.
18 minutes
d.
20 minutes
31) Companies that have low sales histories and serve markets with unstable
demand and confusing forecasting tend to focus on which producing strategy?
a.
Make-to-order
b.
Assemble-to-order
c.
Make-to-stock
d.
Engineer-to-order
32) LogiHouse is an FMCG company, which has several warehouses and 30 retail
stores. The products are regularly transported from warehouses to a
Distribution Center. Then, these commodities will be split and moved to the
stores. Which transportation system does Logi House follow?
a.
Direct shipment network
b.
Tailored network
c.
Direct shipping with milk-run
d.
Hub-and-spoke network
33) The ABC retailer has decided to provide a high level of variety while carrying
low levels of inventory, so what strategy is fit for it? Choose the best answer.
a.
Choosing suppliers & carriers based on their responsiveness
b.
Targeting the most sustainable and environment-friendly transport solution
c.
Choosing suppliers & carriers based on their low prices
d.
Choosing suppliers with the highest product quality
34) What can help an organization ensure that each component or rare material in
a returned product is properly recycled and tracked for compliance purposes?
a.
Bill of material for disassembly
b.
Unique identifiers down to the product level
c.
Designing products with larger amounts of rare materials
d.
Return material authorization for disassembly
35) The process of moving inventory immediately from receiving to the shipping
dock without being stored in a warehouse is called?
a.
Consolidation
b.
Cross-docking
c.
Break bulk operation
d.
Quick response
36) A carrier takes three weeks to deliver a product that has average sales of 1,000
units per week. The unit cost is $20 each and the carrying cost is 15%. What is
the savings in the transportation inventory cost if the manager decides to
change the mode of transportation to decrease time to one week?
a.
2000
b.
4000
c.
6000
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d.
9000
37) What are the characteristics of goods that should apply "manufacturer storage
with direct shipping" design for the distribution network?
a.
High value and high demand
b.
Low value and high demand
c.
Medium value and high demand
d.
High value and low demand
38) For products with a high level of uncertainty in demand, the following strategy
is suitable
a.
Keeping a lower amount of safety stock and using a faster mode of
transportation
b.
Using a faster mode of transportation
c.
Keeping a higher amount of safety stock and using a faster mode of
transportation
d.
Keeping a higher amount of cycle stock
39) If 80% of an organization's purchasing spend is involved in tactical buying and
20% is involved in strategic sourcing, the organization should organize its SRM
system to
a.
focus on tactical buying
b.
address total spend rather than one category over another
c.
address the tactical buying items to make more of them strategic
d.
focus on strategic sourcing
40) To improve customer service and profits, a manufacturer leads a group of
trading partners that are working together. Which of the following approaches
is most suited for coordinating supply and demand throughout the supply
chain?
a.
Sales and operations planning
b.
Distribution requirements planning
c.
Supply chain event management
d.
Supply chain operations reference-model
41) A distributor has a network consisting of a central distribution serving five
regional distribution centers that ship to multiple retailers. The distributors
want to reduce inventory while maintaining product availability. Which of the
following actions is most likely to produce the desired outcomes?
a.
Centralizing inventory for slow-moving items
b.
Reducing the quoted price for slow-moving items
c.
Implementing continuous replenishment at the regional centers
d.
Implementing cross-docking at the central distribution center
42) Use of a fixed order quantity model is most likely to be effective in which of the
following cases?
a.
Lead time is highly variable
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b.
Production is run on lean assumptions
c.
Demand is highly unpredictable and low
d.
The shipper is looking for quantity discounts
43) When a company produces highly customized products, their manufacturing
process will most likely be?
a.
Batch-oriented
b.
Job-oriented
c.
Fixed line
d.
Project-based
44) Thuong Dinh has received an order to make 400,000 gold medals for an event.
The firm has just bought some machines, each can manufacture at a speed of
200 medals per hour. The cost of preparing the machines is $80 per machine,
and the total operating cost is $5.76 per hour. Estimate the number of
machines the firm should use to minimize cost.
a.
5 machines
b.
0 machines
c.
10 machines
d.
12 machines
45) A make-or-buy decision is an act of choosing between manufacturing a
product in-house or purchasing it from an external supplier. Also referred to as
an outsourcing decision, a make-or-buy decision compares the costs and
benefits associated with producing a necessary good or service internally to
the costs and benefits involved in hiring an outside supplier for the resources
in question. Which of the following is NOT a factor in deciding whether to make
or buy?
a.
Sales volume
b.
Cost factors
c.
Political and social factors with the organization
d.
Existence of sufficient administrative/technical personnel
46) A make-or-buy decision is an act of choosing between manufacturing a
product in-house or purchasing it from an external supplier. Also referred to as
an outsourcing decision, a make-or-buy decision compares the costs and
benefits associated with producing a necessary good or service internally to
the costs and benefits involved in hiring an outside supplier for the resources
in question. Which of the following is NOT a factor in deciding whether to make
or buy?
a.
Sales volume
b.
Cost factors
c.
Political and social factors with the organization
d.
Existence of sufficient administrative/technical personnel
47) Ordering cost for each product manufactured by TTC joint stock company with
a 100-unit EOQ drops from $160 per order to $40. The updated EOQ is:
a.
Twice as large
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b.
Four times as large
c.
One-fourth as large
d.
Half as large
48) TTCace corporation wants to select the most optimal order quantity. Their
supplier reduces price when larger quantities are purchased. Given that
holding cost is 20% of the product value per year, ordering cost is $150 per
order, and the company's yearly demand is 6400 units. The table below shows
the quantity discount schedule of TTCace's supplier. Calculate the optimal
order quantity for each price.
Discount number
Discount quantity
Discount (%)
Discount price
1
0 to 1199
0
$7
2
1200 to 2199
5
$6.65
3
2200 to 3199
10
$6.3
a.
Q1= 1172, Q2=2199, Q3=2200
b.
Q1= 1172, Q2=1202, Q3=2200
c.
Q1= 1199, Q2=2199, Q3=3199
d.
Q1= 1199, Q2=1202, Q3=2200
49) TTC company sources several components from Indonesia. The manufacturer
must decide on the portfolio of transportation contracts to carry. Evaluate the
optimal amount of the asset to be purchased in bulk with the following data
Label
Data
Mean
12 million units
Standard deviation
5 million units
Long-term bulk contract costs/month/1
million units
$14,000
Average price of Transportation capacity in
the spot market/1 million units
$17,500
a.
8.79 million
b.
7.89 million
c.
7.79 million
d.
8.89 million
50) SCR corporation sells their goods via their home parties and e-commerce
channels. What distribution channel used by them:
a.
A direct distribution channel
b.
An indirect distribution channel
c.
A layered distribution channel
d.
A functional distribution channel
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51) The House of Quality (HOQ) is defined as a product planning matrix that is built
to show how customer requirements relate directly to the ways and methods
companies can use to achieve those requirements. What is the purpose of the
lower level or foundation in the House of Quality?
a.
Compare your organization to the competition
b.
Make notes about customer "wants"
c.
Rank the "how's"
d.
List the actions your organization will take to satisfy your customers (known
as the "how's")
52) TTC Corporation is making a decision on opening a new manufacturing plant.
There are two potential locations and the location factors, factor rating and
scores for them are shown in the table below. Which is the best location based
on the factor rating method?
No.
Location factor
Factor
rating
Rating
Location
1
Location
2
Location
3
Location
4
1
Facility
utilization
7
6
5
3
4
2
Labor
availability and
cost
6
4
5
6
3
3
Proximity to raw
materials
3
2
1
2
2
4
Land and
construction
costs
4
3
2
2
3
5
Market proximity
2
1
2
1
2
a.
Location 1
b.
Location 2
c.
Location 3
d.
Location 4
53) Which of the following is NOT one of ISO 9000:2000 Quality Management
Principles?
a.
Mutually Beneficial Supplier Relationships
b.
Quality Assurance
c.
System Approach to Management
d.
Factual Approach to Decision Making
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54) What is the term used to describe the all-encompassing process that unites
shippers, carriers, and receivers in order to eliminate inefficiencies in the
transportation planning and execution?
a.
National transportation exchange
b.
Nistevo
c.
Collaborative transportation management (CTM)
d.
Inter-load
55) When you relocate a shipment from Hanoi to Ho Chi Minh city, the subsequent
return movement from Ho Chi Minh city to Hanoi is commonly known as
a.
Linehaul movement
b.
Backhaul movement
c.
Reciprocal movement
d.
Flipside movement
56) Bullwhip effect is the the supply chain. fluctuation in orders or cancellations
that often occurs as orders move through
a.
Cyclical
b.
Stable
c.
Increasing
d.
Decreasing
57) Lot-for-lot techniques order is suitable for continuous manufacturing. These
following statements are true about its rule EXCEPT
a.
If Setup costs are high, it can be expensive
b.
The holding cost will be the lowest as no extra inventory is ever carried.
c.
Cost less than economic order quantity (EOQ)
d.
Planned order will equal net requirements
58) How many of the following statements are NOT TRUE about the characteristics
of different modes of transportation?
1. Roadways has high mobility, flexibility, and invested capital
2. Waterways has low invested capital and high traffic capacity
3. Railways needs a large number of human resource, also has high invested capital and
mobility, flexibility
4. Lines in airways greatly depend on the airport system
5. Pipelines has high transportation cost than other modes
a.
3
b.
4
c.
1
d.
2
59) Regardless of whether the collaboration involves a logistics service provider
or not, effective supply chain relationships in today's context thrive when there
is collaboration among the who are involved.
a.
Customers
b.
Suppliers
c.
Participants
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d.
Third party logistics provider
60) When customers consider using IWT, logistical decision makers inside the
companies need information on several decision factors. Which of these
following factors is not concerned about?
a.
Door-to-door transit time
b.
Infrastructure
c.
Cost
d.
Reliability
61)
What methods may companies employ to gather Voice of the Customer data
from external customers?
a.
None of the above
b.
Inbound voice recordings and translations
c.
Observations and defect data
d.
Surveys and focus groups
62) Due to the excessive demand, TTC corporation is planning to open a new
warehouse. The new warehouse is expected to store 7 main products. Given
that a monthly turnover ratio is maintained at 3. In the warehouse 50% of the
space is used for aisles, 70% is utilized to anticipate variability in space
requirements. An average mix of the products takes up 0.5 cubic meters per kg
and can be stacked 16m high. The warehouse, with equipment, can be
constructed for $30 per square foot, amortized over 20 years, and operated at
$0.05/kg of throughput. Annual fixed costs are $3 per sq.m of total space.
Space may be rented for a space charge of $0.1 per kg per month and an
in-and-out handling charge of $0.07 per kg. SCR has an intention to build their
new warehouse with an area of 60000 m2. Evaluate the annual cost of this
warehouse with the following demand:
Month
Demand (Kg)
Jan
66500
Feb
328000
Mar
1048500
Apr
2141000
May
2820000
Jun
2395000
Jul
1303000
Aug
460000
Sep
99900
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Oct
15300
Nov
302200
Dec
556700
a.
$916,610
b.
$913,351
c.
$906,610
d.
$903,351
63) The newly introduced production strategy in the twenty-first century, which
combines lean manufacturing principles, Six Sigma methodologies, and
real-time actionable insights from the factory floor, is referred to as:
a.
adaptive manufacturing
b.
capacity requirements planning
c.
machine flexibility
d.
just-in-time inventory
64) A distribution network can be seen as the flow of goods from a producer or
supplier to an end consumer. The network consists of storage facilities,
warehouses, and transportation systems that support the movement of goods
until they reach the end consumer. The process of ensuring the consumer
receives the product from the manufacturer is done through direct sales or by
following a retail network. As the quantity of stocking points is reduced within
a distribution network, fixed costs will while variable costs will
a.
Increase: decrease
b.
Increase; increase
c.
Decrease: decrease
d.
Decrease: increase
65) The supply chain function that collaborates with advertising and technical to
find and qualify potential suppliers of products and services, as well as to
maintain ongoing supplier relationships. This supply chain activity is
a.
Logistics
b.
Capacity planning
c.
Purchasing
d.
Forecasting
66) TTC manufactures three main products, the factory manager want to find out
the break even point in dollars according to the following data, given that fixed
cost are $5000/month
Item
Annual forecast demand
Price
Variable cost
A
10000
6
4.5
B
15000
4.5
3
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C
9000
3
2
a.
$198,354.83
b.
$299,354.83
c.
$199,354.83
d.
$197,354.83
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67) The TTC company is determining their service level based on how it affects
sales and the cost of providing service level. Given the data below:
Percentage of Orders Delivered within One Day
80
90
95
100
Estimated
annual sales
(millions of $)
15.0
16.5
17
20
Cost of
distribution
(millions of $)
8.0
8.5
13
22
Determine the optimal service level for TTC
a.
95%
b.
100%
c.
80%
d.
90%
68) How many of the following are functions of the purchasing organization?
1. Negotiate general conditions of purchase with vendors
2. Set pricing conditions
3. Represents an independent accounting unit
4. Responsible for purchasing a specific group of materials
5. Legally responsible for completing purchasing contract
a.
1
b.
4
c.
2
d.
3
69) How many of the following statements are TRUE about SRM:
1. Transactional Supplier Relationship Management (SRM) enables the company to
comprehensively analyze its entire supplier base.
2. An SRM strategy involves a scenario where a supplier's employee is stationed
permanently within the buyer's purchasing department.
3. Enhanced visibility provided by SRM software can result in smoother processes, quicker
cycle times, reduced new product development timelines, and improved time-to-market.
4. The automation of procurement activities can yield substantial cost savings as buyers
transition towards exception-based process management.
a.
1
b.
2
c.
3
d.
4
70) How many of the following statements are correct:
1. The significance of inventory management has diminished compared to its previous
importance, owing to the emergence of other influential factors.
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2. Inventory serves a dual purpose within organizations, affecting both the cost of goods sold
and providing
support to the balance sheet-an aspect that has gained attention relatively recently. 3.
Purchase economies and transportation economies do not exhibit a mutually reinforcing
relationship.
4. The decision to maintain inventory arises when an organization foresees the potential
occurrence of an exceptional event that could adversely affect its supply source.
a.
1
b.
2
c.
3
d.
4
71) This table portrays the expected demand of TTC company for 7 months.
Known TTC using a constant workforce plan (number of workers do not
change over time). It takes 2 labor hours to produce a unit. Calculate TTC
number of workers
Month
Expected demand
Production days
Demand per day
1
1000
30
34
2
856
28
31
3
971
22
45
4
987
21
47
5
1098
22
50
6
891
20
45
7
920
24
39
a.
11
b.
12
c.
10
d.
9
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72) Match the correct types of processes
Type of process
Description
Value-creation processes
1. Those most important to an
organization's value creation processes,
employees, and daily operations
Design processes
2. Those that create or deliver products
Production/delivery processes
3. Those most important to "running the
business"
Support processes
4. Activities that develop functional product
specification
a.
a-1, b-3, c-2, d-4
b.
a-3, b-2, c-4, d-1
c.
a-1, b-4, c-2, d-3
d.
a-3, b-4, c-2, d-1
73) TTC corporation receives orders for one of its products. The product line
contains three separate items that customers order in various combinations.
From a sampling of orders over time, the items appear on orders in seven
different combinations with frequency in the table below. Also from TTC
historical records, the probability of having each item in stock is SLA 0.95; SLB
0.90; SLC 0.80. Compute the weighted average fill rate (WAFR)?
Item Combination on Order
Frequency of Order
A
0.1
B
0.1
C
0.2
A, B
0.2
A, C
0.1
B, C
0.1
A, B, C
0.2
1.0
a.
80%
b.
90.1%
c.
80.1%
d.
90%
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74) Inventory holding costs are the fees incurred for storing goods or inventory in
a warehouse. What would be an example of a stock holding cost?
a.
Shipping fees
b.
Sales commission
c.
Advertising for finished goods
d.
Warehousing worker wages
75) Logistics is transitioning from a low-priority, fragmented role to a key
integrated one. This is a significant transformation that normally goes through
the following stages. Rearrange the stages in integration that they are in the
correct order:
1. Internal integration - recognising the benefits of internal co-operation and combining the
separate functions into one.
2. Recognising that the separate activities of logistics are important for the success of the
organization.
3. Developing a logistics strategy, to set the long-term direction of logistics
4. Separate logistics activities are not given much attention or considered important.
5. Making improvements in the separate functions, making sure that each is as efficient as
possible.
6. Continuous improvement - accepting that further changes are inevitable and always
searching for better ways of organizing logistics.
7. Benchmarking-comparing logistics' performance with other organizations, learning from
their experiences, identifying areas that need improvement and finding ways of achieving
this.
a.
d-b-a-e-f-g-c
b.
a-c-b-g-f-e-d
c.
a-c-b-d-e-f-g
d.
d-b-e-a-c-g-f
76) SCR acknowledges the importance of cooperation in providing better
customer service and reducing distribution costs, both within the firm and
across all marketing channel organizations. SCR will begin practice.
a.
Horizontal marketing system management
b.
Supply chain management
c.
Customer relationship management
d.
Integrated logistics management
77) Rearrange the following process of R&R studies:
a) Randomly measure each part by each operator for r number of trials
b) Select m operators and n parts
c) Compute key statistics to quantify repeatability and reproducibility
d) Calibrate the measuring instrument
a.
a-c-d-b
b.
b-d-a-c
c.
b-c-a-d
d.
a-d-b-c
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78) Since introducing distribution requirements planning, management at a
company has had increased complaints from staff at satellite warehouses that
the variances of local demand are being ignored, and they often are unable to
meet demand. An effective response from management would be to:
a.
Permit last-minute changes to the production schedule.
b.
Increase safety stock at the central warehouse of items that are repeatedly
out of stock.
c.
Allow adjustments to the forecast based on input relating to local sales
activity.
d.
Implement an ABC inventory management strategy.
79) Prioritization matrices serve several purposes, select the correct purposes.
I. They aid in logically narrowing down the team's focus before detailed implementation
planning can occur.
II. They facilitate the selection of priority items by assessing each item against a predefined
set of criteria.
III. They assist in arranging process activities in a sequential order.
IV. They help identify decision points within a process improvement initiative.
a.
I-II-IV
b.
I-II
c.
I-II-IV
d.
I-III
e.
II-III
80) Match the correct types of errors:
a) Task errors
b) Treatment errors
c) Tangible errors
1. Instances of inadequate customer-server interaction can involve behaviors lacking
courtesy, failure to acknowledge or respond appropriately, and insufficient listening to the
customer.
2. Examples of issues may include poorly maintained facilities, unclean uniforms,
inappropriate temperature control, and errors in documentation.
3. This category encompasses actions like performing tasks incorrectly, working on
unrequested assignments, working on the wrong order, or exhibiting slow work pace.
a.
a-3, b-1, c-2
b.
a-3, b-2, c-1
c.
a-1, b-3, c-2
d.
a-1, b-2, c-3
81) What is one benefit of employing a single sourcing strategy within an
operation?
a.
increased flexibility of supply
b.
continuity of supply
c.
ability to keep prices down
d.
lower administration cost
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82) Intermodal freight transport involves the transportation of freight in an
intermodal container or vehicle, using multiple modes of transportation,
without any handling of the freight itself when changing modes. Intermodal
transportation which is the process of transferring containers from trucks to
ships for transportation known as:
a.
Piggyback
b.
COF
c.
Birdyback
d.
Fishyback
83) TTC corporation in manufacturing gearboxes, in one of the step of making the
gearbox the data is given in the following table
Total observe time
2 min
Performance Rating
115%
Allowance
10%
Determine the normal time and the standard time
a.
Normal time = 2.3 mins, standard time = 2.2 mins
b.
Normal time = 4.3 mins, standard time = 2.2 mins
c.
Normal time = 4.3 mins, standard time = 2.4 mins
d.
Normal time = 2.3 mins, standard time = 2.4 mins
84) Match the Types of Purchase Order Processes with the correct definitions:
Types of purchase orders
Definitions
a. Standard purchase order (PO)
1. In comparison to the other three types,
these orders necessitate more detailed
information as they are placed with vendors
who are not established long-term
collaborators.
b. Planned purchase order (PPO)
2. Provides minimal specific information,
only outlines the agreed-upon terms and
conditions between a company and a
supplier. A contractual agreement that
stipulates the occurrence of future purchase
orders and provides guidelines for their
implementation.
c. Blanket purchase order (BPO)
3. The omission of delivery information in
this type of order implies that the specific
date and location for each item are not
included during its creation.
d. Contract purchase orders (CPO)
4. A contract established with a supplier for
upcoming purchases where the exact
quantity of items is unspecified.
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a.
a-1, b-3, c-4, d-2
b.
a-2, b-1, c-3, d-1
c.
a-1, b-4, c-3, d-2
d.
a-3, b-2, c-1, d-4
85) For herself, Lisa purchased a new smartphone. She informed her parents that
in addition to the standard functions like messaging and phone calls, a mobile
phone also includes a camera, Facebook functionality, and music capabilities.
What Dimension of "product quality" is Lisa referring to?
a.
Performance
b.
Aesthetics
c.
Conformance
d.
Features
86) Maersk Line - a shipping line established in Denmark that has controlled the
shipping business for more than 25 years - is a subsidiary of AP Moller.
MAersk Line was founded in 1904 and now operates 738 container ships with a
capacity of about 4,275,542 TEUs (equivalent units of 20 feet). Where is maersk
ranked in terms of TEU in 2022
a.
2
b.
4
c.
1
d.
3
87) Given the Effect of Lot size in costs above, which represents 1, 2, 3, 4?
a.
Total cost - ordering cost - holding cost - material cost
b.
Total cost - holding cost - ordering cost - material cost
c.
Total cost - holding cost - material cost - ordering cost
d.
Total cost - material cost - ordering cost - holding cost
88) Mr. LSChef is working in Forecasting's Department. During his work, he heard
a lot of terminologies that caused confusion.
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How many statement(s) below are CORRECT when talking about forecasting?
1. When LSCompany launches a new mooncake, predictions are necessary both for new
cake sales and their influence on existing mooncake's product line. Forecasting is useful
when those interactive factors in the past are assumed to be maintained in the future.
2. Seasonality is a data pattern that repeats itself that it may take years for a cycle to take its
course and start over. Meanwhile, cyclical is a data pattern that repeats itself over the period
of one year or less.
3. The tracking signal is used to monitor forecast quality, determining whether the
forecasting method is under control. It is the result of cumulative error divided by average
deviation. Additionally, the unit of a tracking signal is mean absolute deviation (MAD)
a.
2
b.
0
c.
3
d.
1
89) Road freight transport operations could be broken down into two main types:
primary transport and secondary transport. Since primary and secondary
transport require different methods of planning and management, it is needed
to understand the differences between these two types. of operation
Which type of operation is each of the following descriptions related to?
a. This type of operation is seldom regarded as an added value activity in the operation,
because there is no direct link to the final customer or with the retail store.
b. A business can improve customer experience with this type of operation.
c. This type of operation typically involves shipping goods to single delivery points per
vehicle journey
d. One example of this type of operation is the movement of goods from regional distribution
center (RDC) to retail outlets
e Customer-facing is the core factor in this type of operation.
f. The top criterion of this type of operation is cost reduction.
g. It is sometimes called local delivery
h. This type of transport is usually known as multi-drop deliveries
a.
Primary transport - a, b, c, g. Secondary transport - d, e, f, h
b.
Primary transport a, b, e. h. Secondary transport - c, d, f, g
c.
Primary transport a, c, e, g. Secondary transport - b, d, f
d.
Primary transport a, c, f. Secondary transport-b, d, e, g, h
90) The cost-ratio method relates all identifiable purchasing costs to the value of
shipments received from individual suppliers (Zenz, 1994). Each cost ratio is
assigned to a specific rating, subject to various performance criteria. The lower
the ratio of costs to shipments, the higher the rating for the supplier. This
method typically follows the steps described here:
1. Measure the costs for quality, delivery, and service separately.
2. Divide them into the total purchases from the supplier, resulting in three cost ratios.
3. Compute the supplier's overall cost-ratio.
4. Adjust the supplier's bid price for comparison purposes.
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F4 Company used the cost-ratio method to find a suitable supplier for their special
campaign. The following table presents two potential suppliers of the company at this stage.
Which supplier will be selected and compute the supplier's bid price after adjusting according
to the table below
a.
Supplier A - 151.50
b.
Supplier B - 153.04
c.
Supplier B - 155.04
d.
Supplier A - 157.5
91) To limit some disruptive last-minute changes and keep operations running on
time and within budget once they are committed, demand prioritization may
include setting time fences: In master scheduling, there are two types of time
fences: the demand time fence and the planning time fence, which create three
zones: Frozen Zone, Slushy Zone and Liquid Zone. Which of the following
descriptions of Slushy Zone is CORRECT?
a.
Created by the remaining planning horizon after the planning time fence.
b.
All changes are permissible as long as they don't violate the limits set in the
production plan.
c.
Changes require the approval of senior management.
d.
There is room to negotiate in the form of tradeoffs.
92) Operating a warehouse involves several activities whose performance decides
the efficiency of the warehouse operation. These activities are receiving goods,
identifying the goods, dispatching goods to storage, holding goods, picking
goods, consolidating the shipment, dispatching the shipment, and recording
the information. Which of the following statements is INCORRECT about the
activity "record the information"?
a.
A record of stock must be maintained for each item which includes the
quantity of stock on hand, received, issued, and where the stock is in the
warehouse.
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b.
Written information, human memory, and sophisticated computer-based
system are both systems of the information recording.
c.
Both A and B.
d.
Recording the information identifies the appropriate stockkeeping unit (SKU)
number (part number) and the quantity received is also recorded.
93) The HPTU Company wants to predict future sales of smartphones for a local
retailer using simple exponential smoothing method and they have collected
the monthly sales data to determine which factor should be used. The Head of
Demand Management Department decides to use the factor that has the lowest
Mean absolute percentage error (MAPE).
What factor that the company may use to forecast its future sales?
a.
They can use either factor
b.
0.1
c.
They should use another forecasting method
d.
0.5
94) As retailers like Walmart seek speedier and more sustainable fulfillment
solutions, anticipate drones to play a more significant role in the final mile,
including product retrieval. Aside from satisfying customers' increased
expectations, Walmart sees drones as a more sustainable fulfillment alternative
than vehicles, and delivering items to customers is only one way they want to
use them. They're also looking into using drones to retrieve items, and as part
of that. they're collaborating with a number of companies that use mailboxes.
Walmart, which has made over 6,000 drone deliveries to date, is expanding its
drone operations to an additional 34 hubs, increasing the retailer's total to 37
hubs across seven. states and 26 cities. According to Walmart, how many
SKUs deployable via drones does it have currently?
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a.
150,000 SKUs
b.
250,000 SKUs
c.
50,000 SKUs
d.
100,000 SKUs
95) We see additional steps that companies can take to remove some of the social
and environmental risks that are commonly part of the fast-fashion model.
According to McKinsey, which action NOT makes their supply chain more
circular?
a.
Supply clients with direction and support to comply with the latest labor and
environmental regulations, and hold them responsible for performance
shortfalis to meet the standards.
b.
Establish standards and procedures for creating clothing that can be
effortlessly reused or recycled.
c.
Support the development of mechanical- and chemical-recycling
technologies.
d.
Urge customers to maintain their garments at any price.
96) In choosing the suitable transportation network, the company could choose
the option that suppliers send their shipments to an intermediate transit point
(could be a DC) where they are cross-docked and sent to buyer locations
without storing them, which is defined as "All Shipments via Intermediate
Transit Point with Cross-Docking". How many descriptions below are
disadvantages of the network structure of All Shipments via Intermediate
Transit Point with Cross-Docking?
a.
4
b.
1
c.
3
d.
2
97) LSCompany is revising its inventory performance by taking into account some
figures from the financial statements. Inventory on the balance sheet at the end
of the last year was $5,200,000 Inventory at the middle and the end of this year,
respectively, were $3,700,000 and $3,900,000. Last year's annual cost of goods
sold (COGS) was $3,200,000. This year's annual COGS was $2,500,000.What is
this year's inventory turnover?
a.
0.5494
b.
0.5859
c.
0.4878
d.
0.7033
98) Warehousing is a function that creates a breakpoint between supply and
demand in supply chain management. There are some common terms used to
substitute the "warehouse" named distribution center, logistics center,
transhipment center
....
Match the following similar term of warehouse with the
CORRECT descriptions given below
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a.
1b 2e 3d 4a 5c
b.
1c 2e 3d 4a 5b
c.
1b 2d 3c 4a 5e
d.
1c 2d 3b 4a 5c
99) There are several factors to consider in the final decision of choosing the type
of ownership, for example: Operating cost, Capital costs, Customer service,
Control, Flexibility, Management skills, and Recruitment and training. Overall,
many organizations including the biggest - have been reducing in using their
own transport fleet to move their own materials, instead, they are using more
third-party service providers of transport. A common option is to use a mixture
of account and third-party carriers.Which of the following statements is
CORRECT to give the incentive to use a mixture of own account and third-party
carriers?
a.
An organization can use its in-house transport for core activities to save costs
by full utilization while other transport demands can be left to contract
operators who are flexible to adjust to allow for changing demands.
b.
An organization can use the mixture of the two terms to cut down employment
costs when it runs its own account transport and to take advantage of the
third-party transport providers' flexibility in the adjustment of vehicle type,
size, delivery schedule, customer service, etc.
c.
Both A and B
d.
None of A and B
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100)
A common supply chain risk that sourcing departments grapple with is the
inability of their suppliers to deliver products and services when promised.
LSCompany is choosing between 2 suppliers to provide the company with
Component A to manufacture Item B for its customer. LSCompany expects to
sell 100,000 Item B at a price of $70 to its customer. If the company fails to
deliver the Item B by the delivery date, it is estimated that a loss of goodwill,
future revenue, and penalties of $225,000 will incur. LSCompany will consider
using the following information and method:
Supply chain value at risk = value lost if event occurred x probability of occurring Which
supplier has the highest expected value in this case?
a.
The oversea supplier with the expected value of $1,482,750.
b.
The oversea supplier with the expected value of $1,933,250.
c.
The local supplier with the expected value of $1,482,750.
d.
The local supplier with the expected value of $1,933,250.
101)
COP27 is the 27th United Nations Climate Change Conference. They
discussed ways for companies and organizations to implement circular
solutions. Which of the following statements is INCORRECT about circular
solutions in COP27?
a.
Improving material tracing and supply chain transparency.
b.
None of the above.
c.
Taking advantage of innovation and technology.
d.
Increasing investment to reduce circularity risk.
102)
Production control wages at ABC Company average $500000 per year,
production control supplies and operation expenditures at $60000 per year,
and set-up costs at $100 per order on average. What is the average ordering
cost per order for ABC Company assuming that 8000 orders are placed every
year?
a.
$164 per order.
b.
$186 per order.
c.
$170 per order.
d.
$178 per order.
103)
Effective sourcing methods inside a company may boost earnings and
total supply chain surplus in a variety of ways. When making sourcing
selections, it is critical to precisely identify the causes of increased revenues.
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Which of the following statements is INCORRECT when mentioning the
benefits of effective sourcing decisions?
a.
Firms can achieve a lower purchase price by decreasing competition through
the use of auctions.
b.
Design collaboration can result in products that are easier to manufacture and
distribute, resulting in lower overall costs.
c.
Good procurement processes can facilitate coordination with the supplier and
improve forecasting and planning.
d.
Better economies of scale can be achieved if orders within a firm are
aggregated.
104)
According to the sourcing strategy matrix adapted from Kraljic (1983),
companies can categorize items and set different strategies to manage risk.
There are four types of items:
Match the types of items above with the correct characteristics below
105)
In supply chain management, organizations have to know how much they
should order at a time. EOQ is one of the most essential tools to solve this
problem. It is the ideal order quantity a company should purchase to minimize
inventory costs How many of the following are CORRECT about the conditions
that needed to be assumed when dealing with EOQ in the simplest form?
1. The demand rate is unknown.
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2. The supplier lead-time is known and constant.
3. Stock outs are permitted.
4. The cost structure is fixed-order costs are the same regardless of lot size, holding cost is
a linear function based on average inventory and unit purchase cost is constant
5. There is sufficient space, capacity and capital to procure the desired quantity.
a.
4
b.
2
c.
3
d.
5
106)
The warehouse system is decided based on the type of goods and the
available demand of the market (service level). Therefore, warehouse storage
systems are divided into two categories: static storage systems and dynamic
storage systems. In the static storage system, when loading goods, the goods
will be fixed in position, not temporarily withdrawn to move nor added. This
system includes block storage, double deep racking, pallet rack, cantilever
shelf…
(A) This storage does not use any storage equipment. Loaded pallets are straightly put on
the ground and built up in stacks, one pallet on top of another to reach maximum stable
height.
(B) This storage is used to store long rigid bars and tubes
(C) This storage improves space utilization by eliminating alternate access aisles, and using
a forklift truck, which can access not just one but two pallets deep into the racking.
(D) Any forklift truck's lift height can be accommodated in its construction. To make this
easier, a variety of accessories are available, including drum supports and channel supports
for post pallets. It is often laid out with back-to-back rows in between a single-deep row at
each end of the installation.
1. Block storage
2. Double deep Racking
3. Pallet rack
4. Cantilever shelf
Match the appropriate categorizing approach for the situations above.
107)
The situation below is an example of one of the four conditions that
revenue management can adjust the pricing and available supply of assets and
has a significant impact on supply chain profitability: LSC Airlines is one of the
most renowned and profitable companies in the domestic aviation industry.
The majority of the company's customers are businessmen and leisure
travelers. Business travelers are willing to pay a higher fare for a flight that
matches their schedule. In contrast, leisure travelers will often alter their
schedules to get a lower fare. Which of these following conditions is the
CORRECT description of the case?
a.
The value of the product varies in the different market segments.
b.
The product is sold both in bulk and on the spot market.
c.
The product is highly perishable or product wastage occurs.
d.
Demand has seasonal and other peaks.
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108)
In supply chain management, Sales and Operations Planning (S&OP) is an
important process, through which a specialized team will continuously
improve all company functions. There is a report about the forecast they have
made. As a result, it will affect other sectors such as sales, production,
inventory, lead time
.....
What is S&OP's input/output analysis?
a.
Capacity requirement planning.
b.
Finite loading.
c.
Rough-cut capacity planning.
d.
Resource planning.
109)
The Bensaou model is based on a study of eleven Japanese and three US
automobile. manufacturers. Bensaou suggests a framework for managing a
portfolio of investments for the purpose of enabling senior managers. Bensaou
suggests four buyer relationship profiles:
-
Market exchange
-
Captive buyer
-
Captive supplier
-
Strategic partnerships
Which of the following statements is INCORRECT when Bensaou concluded after
arranging 4 profiles in a matrix?
a.
Many large firms in manufacturing are moving away from traditional vertical
integration and towards the external contracting of key activities
b.
Underdesign (path to failure) takes place when firms invest in building trust as
a result of frequent visits and cross-company teams when the market and
product context call for simple, impersonal control and information exchange.
c.
As interfirm relationships increase, firms cannot manage with one design for
all relationships and so need to manage a portfolio of relationships.
d.
There are two kinds of successful relationships: high requirements-low
capabilities and low requirements-high capabilities
110)
LSCompany is a top 1 company in export cars. The demand for this product
is so fluctuating that they have to carefully forecast the number of car trades.
Because variability is quite hard to define, the forecast team has initially set
the company's standard that if MAPE is greater than 4%, the quality of the
forecasts indicates high variation. The demand and forecast information for the
XYZ Company over a 3-month period is shown in the table below.
a.
The results indicate a great deal of bias but no variation in the forecasts
b.
The results indicate no bias as well as no variation in the forecasts
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c.
The results indicate a great deal of variation but no bias in the forecast
d.
The results indicate a great deal of bias as well as a great deal of variation in
the forecasts
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