CITL

 …….includes the management of flow of materials and inventory from the upstream to the downstream?

• a. Logistics management
• b. Materials management
• c. Bill of materials
• d. none of the above

……..and physical distribution are 2 major operations of logistics

• a.  SC management
• b. Materials management
• c.  Logistics management
• d.  Negotiation

The time between placing the order and receiving the materials is called ?

• a.  Replenishment time
• b.  Lead time
• c.  Idle time
• d.  Supply chain

Which of the following is NOT a component of 4PL?

• a.  Recycling
• b.  Resource providers
• c.  Information
• d.  intelligence

Which of the following is NOT a part of the SCM system ?

• a.      Supplier
• b.    Manufacturer
• c.   Competitor
• d.  Information 

LCL stands for…..?

• a.  Lift condensation level
• b.     Lower Control Limit
• c.   Full Container Load
• d.  Less than container Load

The ABC analysis of inventory control is based on___.

• a.  Usage pattern
• b.   Usage value
• c.  Inventory movement 
• d.   Criticality in application 

 ___is the most reliable mode of transportation for petroleum products.

• a.  Air
• b.  Road
• c.  Sea/ waterways
• d.      Pipelines

Cost associated with the return trip of a transport truck is an example of___cost

• a.     Fixed
• b.     variable
• c.    common
• d.       joint

Goods transported by air are more___.

• a.     Reliable
• b.     speedier
• c.     cost-effective
• d.   Frequent