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Free download in PDF Production and Operations Management Multiple Choice Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams like UPSC, NDA, SSC etc. These short solved questions or quizzes are provided by Gkseries./p>
(1)
Hybrid marketing systems are also called ______________.
[A]
multichannel distribution systems
[B]
horizontal multichannel systems
[C]
administered franchises
[D]
dual distribution systems
Answer: multichannel distribution systems
(2)
Marketing logistics involves getting the right product to the right customer in the right place at the right time. Which one of the following is not included in this process?
[A]
implementing the plan for the flow of goods and services
[B]
gathering customer's ideas for new products
[C]
planning the physical flow of goods and services
[D]
controlling the physical flow of goods, services, and information
Answer: gathering customer's ideas for new products
(3)
Today, a growing number of firms now outsource some or all of their logistics to ______________
[A]
disintermediaries
[B]
competitors
[C]
cross-functional teams
[D]
third-party logistics providers
Answer: third-party logistics providers
(4)
A supply chain is made up of a series of processes that involve an input, a ______________, and an output.
[A]
shipment
[B]
supplier
[C]
customer
[D]
transformation
(5)
______________ is a set of approaches utilized to efficiently intergrate suppliers ,manufacturers,warehouses,and stores,so that merchandise is produced and distributed,at the right quantities,to the right location ,and at the right time,in order to minimize system wide costs while satisfying service level requirements.
[A]
Logistic management
[B]
Supply chain management
[C]
Operational management
[D]
Production management
Answer: Supply chain management
(6)
VMI stands for ______________
[A]
Vendor Managed Inventory
[B]
Value Managed Inventory
[C]
Vendor Marketing Inventoryn
[D]
Value marketing inventory
Answer: Vendor Managed Inventory
(7)
Effective management of the ______________ process in supply chain enables the firm to identify productivity improvement opportunities and breakthrough projects.
[A]
product development and commercialization
[B]
demand management
[C]
manufacturing flow management
[D]
returns management
Answer: returns management
(8)
______________ and physical distribution are the two major operations of logistics.
[A]
Supply Chain Management
[B]
Materials Management
[C]
Logistics Management
[D]
None
Answer: Materials Management
(9)
______________ is a part of supply chain management
[A]
Financial management
[B]
Human resource management
[C]
Marketing management
[D]
Logistic management
Answer: Logistic management
(10)
The determination of transport rate and price are normally based on economic ,shipper and carrier factor, followed by alternative ______________
[A]
production strategies
[B]
promotion strategies
[C]
pricing strategies
[D]
distribution strategies
Answer: pricing strategies