logistics

Which of the following is true for supply chain management?

• The physical material moves in the direction of the and of chain

• flow of cash backwards through the chain

• Exchange of information moves in both the direction

• All of the above

The sequence of a typical manufacturing supply chain is:

• storage – supplier – manufacturing – storage – distributor – retailor – customer

• supplier – storage – manufacturing – storage – distributor – retailor – customer

• supplier – storage – manufacturing – distributor – storage – retailor – customer

• supplier – storage – manufacturing – storage – retailor – distributor – customer

The purpose of supply chain management is:

• Provide customer satisfaction

• improve quality of product

• increase production

• intergrating supply and demand management

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

of

• goods

• services

• cash

• all of the above

Due to small change in customer demand, inventory oscillations become

progresstively larger looking through the supply chain. This is known as

• Bullwhip effect

• Netchain analytics

• Reverse logistics

• Reverse supply chain

reverse logistics is required because

• Goods are defective

• Goods are unsold

• The cusromer simply change their minds

• All of the above

3-PL stands for

• three point logistics

• third party logistics

• three points location

• none of the above

If customer perceive that price of product is greater than the value it provides to

customer then the customer

• would get free products

• would get discount

• would buy product

• wound not buy product

If the company provides products or services less than its cost then the company

will

• get more loss

• get more profits

• get more discounts

• both a and b

The goal of logistics is:

• to achieve a target level of customer service at lowest possible cost

• to achieve targeted level of customer service.

• increase in the market share

• All of the above