Logistics and Supply Chain Management

A type of logistics costing

• Consumer costing

• Employee costing

• Activity costing

• All of the above

The fastest and most costly mode of transport.

• Air transport

• Water transport

• Ropeways

• None of these

RO-RO concept means

• Roll On - Roll Off

• Ride On - Ride Off

• Roll Off - Roll On

• None of these

Logistics packaging helps in reducing transit damage.

• True

• False

Conveyors are required where a continuous flow of material over a long period is required.

• True

• False

Distributers are the middlemen in a supply chain.

• True

• False

Supply chain management is a narrow concept than logistics management.

• True

• False

The sequence of a typical manufacturing supply chain is

• Storage–Supplier–manufacturing–storage–distributor–retailer–customer

• Supplier–Storage-manufacturing–storage–distributor–retailer–customer

• Supplier–Storage-manufacturing–distributor–storage–retailer–customer

• Supplier–Storage-manufacturing–storage–retailer–distributor–customer

The purpose of supply chain management is to

• provide customer satisfaction

• improve quality of a product

• integrating supply and demand management

• increase production

Logistics is the part of a supply chain involved with the forward and reverse flow of

• goods

• services

• cash

• all of the above