logistics and supply chain management new
TRANSCRIPT
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7/31/2019 Logistics and Supply Chain Management New
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QUEST TUTORIALS CLASSES FOR BMS
Thane:B-305,B wing, 3rd
floor, Rajdarshan Society, Behind ICICI ATM, Near Platform No.1, Thane (W).Dadar: Balaji Building No.2, Second Floor, Room No. 17/ 17A, Madhav Wadi, Naigaum Cross Road, Near
Station, Dadar (East), Mumbai, 14.Kalyan: Shop No. 8, Basement, St. Mary's Classes, Siddhi Viniyak Sankul, Near Karachi Pharmacy,
Kalyan(W) 421 301.Contact: 67120221 / 25394777 Website: www.questclasses.com
Logistics and Supply Chain ManagementUniversity Questions of Logistics Management November
01 02 03 04 05 06 07 08 09 10 11
Concept Questions
Relevance of distance and volume to transportationcost.
Differentiate between internal and external Logistics
information system.
Distinguish between MRP-I and DRP.
"Pipeline is a Modal Transport" - Explain.
Pipeline inventory is a form of inventory
The average yearly consumption for an item is 3600units and the normal Lead Time is one month. If themaximum consumption has been up to 4800 unit peryear and the maximum Lead Time is two months,what should be the Buffer Stock of the item?
Product Related Factors in Transportation Costs
Basic Functions of Warehousing.
ABC classification in Inventory Control
Activity Based Costing
Intermodal transportation - Fishyback, Birdyback andLand Bridge.
Palletisation in Material Handling
Drivers in Reverse Logistics.
Internal Performance Measures in Logistics
Annual demand of the item is 1000 units, orderingcost is Rs. 10 per order and inventory-carrying costis 30% per year. Price per unit is Re. 0.50. Lead-timeis two years. Determine the Optimum Order Quantityand Reorder level.
Cross-docking and Economic Order Quantity.
Fill Rate
Bill of Materials.
For a Normally distributed lead time demand, theexpected demand during lead time is 80 units andstandard deviation of demand during lead time is 10units. If it is decided to have 95% level of customerservice, then find the Re-orderlevel.
Define Logistics Management.
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QUEST TUTORIALS CLASSES FOR BMS
Thane:B-305,B wing, 3rd
floor, Rajdarshan Society, Behind ICICI ATM, Near Platform No.1, Thane (W).Dadar: Balaji Building No.2, Second Floor, Room No. 17/ 17A, Madhav Wadi, Naigaum Cross Road, Near
Station, Dadar (East), Mumbai, 14.Kalyan: Shop No. 8, Basement, St. Mary's Classes, Siddhi Viniyak Sankul, Near Karachi Pharmacy,
Kalyan(W) 421 301.Contact: 67120221 / 25394777 Website: www.questclasses.com
What are the advantages of hiring PublicWarehouses?
What is Matrix Organisation?
Differentiate between MRP I & MRP II.
Define 4th Party Logistics.
State operating objectives of Logistical Management
What is Electronic Data Interchange (EDI)?
Define "Re-order Level".
Define "Reverse Logistics".
What is "JIT II"?
Define "Obsolescence Cost".
State main objectives of Customer Service
Benchmarking
Customer retention
Terminal delays
Lead time
Vendor managed inventory
Why is material handling considered a cost addingactivity?
What are the benefits of "minimum variance' as aoperating objective?
What benefits does "vendor managed inventory"create for vendors?
What is the impact of "vehical utilisation" on cost oftransportation?
What is "functional integration" in logisticsmanagement?
What are any three important differences betweenthe concepts of 3rd Party logistics and 4th partylogistics?
What is supply chain?
Briefly comment on the functions of transportation
"Material handling adds only costs and no value".Comment on this statement.
Briefly distinguish between Mission Based Costingand Activity Based costing
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7/31/2019 Logistics and Supply Chain Management New
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QUEST TUTORIALS CLASSES FOR BMS
Thane:B-305,B wing, 3rd
floor, Rajdarshan Society, Behind ICICI ATM, Near Platform No.1, Thane (W).Dadar: Balaji Building No.2, Second Floor, Room No. 17/ 17A, Madhav Wadi, Naigaum Cross Road, Near
Station, Dadar (East), Mumbai, 14.Kalyan: Shop No. 8, Basement, St. Mary's Classes, Siddhi Viniyak Sankul, Near Karachi Pharmacy,
Kalyan(W) 421 301.Contact: 67120221 / 25394777 Website: www.questclasses.com
What is "asset utilization?"
What is the role of "Inland Container Depots" or thatof "Container Freight Stations?
What is " Extended Enterprise"?
What is "Cycle Inventory"?
What is the role of packaging in modern logistics?
Short Notes
Logistics interface with Marketing
Material Handling Equipment.
Functions of Logistics
Mission Based Costing in Logistics
Role of Planning in Logistics Management
Total - Cost Analysis.
Distribution Resource Planning.
Procurement Performance Cycle
Operating Objectives of Logistics.
Elements of Customer Service
Functions of packaging
Third Party Logistics.
Unitization and Containerisation.
Lead Time in Inventory management.
P & Q System of Inventory Control
Elements of Logistics Costs.
Design & Layout of Warehouses
Responsive Organisation.
Objectives of Material Handling System
Perfect order concept
Activity Based costing
Information Functionality
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7/31/2019 Logistics and Supply Chain Management New
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QUEST TUTORIALS CLASSES FOR BMS
Thane:B-305,B wing, 3rd
floor, Rajdarshan Society, Behind ICICI ATM, Near Platform No.1, Thane (W).Dadar: Balaji Building No.2, Second Floor, Room No. 17/ 17A, Madhav Wadi, Naigaum Cross Road, Near
Station, Dadar (East), Mumbai, 14.Kalyan: Shop No. 8, Basement, St. Mary's Classes, Siddhi Viniyak Sankul, Near Karachi Pharmacy,
Kalyan(W) 421 301.Contact: 67120221 / 25394777 Website: www.questclasses.com
Fourth party logistics
Methods of Forecasting
DRP
Importance of logistical network analysis
Objectives of External Performance evaluation
Benefits and limitations of Distribution RequirementPlanning
Categorization of customer Service elements
Long length Questions (10 Marks)
Explain the growing importance of LogisticsManagement in India in today's context.
Explain in detail various parameters to achieverLogistical competency?
How is performance appraisal carried out in Logistics
function?
What is the Economic Order Quantity in InventoryProblem? Discuss its Basic Square Root formulaalong with assumptions and limitations.
Explain the different objectives of developing andimplementing Performance Measurement Systems inLogistics.
Explain the important steps involved in Layout,Design and Site Selection for a model warehouse.
Discuss the objectives of developing andimplementing a performance measurement systemin integrated logistics management.
(a) What are the underlying principles and squareroot law in deciding the number of warehouselocations? (b) Explain the concept of Mission BasedCosting. What are its benefits?
(a) Explain the basic Warehousing decisions inLogistics Management(b) Critically examine the application of ABC analysisin Inventory Management. Give a numericalexample.
(a) Explain the strategic role of InformationTechnology in Logistics Management.(b) Discuss the various factors of performancemeasures of logistic activities.
What is Selective Inventory Control? What arevarious methods adopted in Selective Inventorycontrol policy? Explain with examples.
(a) What is the importance of Transportation Activityin Logistics Management?(b) What is Demand Forecasting? Explain any threemethods of Demand Forecasting.
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QUEST TUTORIALS CLASSES FOR BMS
Thane:B-305,B wing, 3rd
floor, Rajdarshan Society, Behind ICICI ATM, Near Platform No.1, Thane (W).Dadar: Balaji Building No.2, Second Floor, Room No. 17/ 17A, Madhav Wadi, Naigaum Cross Road, Near
Station, Dadar (East), Mumbai, 14.Kalyan: Shop No. 8, Basement, St. Mary's Classes, Siddhi Viniyak Sankul, Near Karachi Pharmacy,
Kalyan(W) 421 301.Contact: 67120221 / 25394777 Website: www.questclasses.com
(a) Define "Economic Order Quantity (EOQ)". Whatare the different costs to be considered whilecalculating EOQ? A firm uses 1000 units of certainitem per month, having an unit price of Rs. 20/-. Theordering cost is Rs. 15/- per order and annualinventory
a) What are the Objectives of Logistics PerformanceMeasurement? Describe the components of Internal
& External Performance Measurement.(b) What are the different elements of CustomerService? Explain
(a) What is warehousing? Why do organizations usewarehouses in spite of the obvious additional costs?(b) What is the importance of Customers Service in acompetitive business scenario?
(a) What are the main functions of transportation?Explain the role of transportation in integratedLogistics Management.(b) What are the main objectives of Logisticalperformance Measurement? Explain.
(a) What are the different methods available for
improving inventory management performance of anorganisation?(b) "Properly integrated Inbound and Outboundlogistics can provide an efficient logistics system."Explain.
(a) How does logistics management helpsorganization in gaining competitive advantage todeliver superior Customer Service?(b) What are the main functions of transport
(a) What are the main objectives and functions ofwarehousing? Explain.(b) What are the principles to be applied fordesigning efficient, Material Handling System?
a) What is the process of Outsourcing and what' arethe benefits of an Organisation gets by outsourcingtheir logistical functions?(b) What is Economic Order Quantity and state itsassumptions and limitations?
a) Comment on various types of costs that ariseduring transportation operation.
(b) Enumerate the primary activities of LogisticalInformation System.
(a) Discuss the impact of inventory on profitability ofthe company.
(b) Explain internal and external classification ofperformance measures in Logistical PerformanceMeasurement.
(a) Why has warehousing gained importance inlogistical management? What factors are consideredin warehouse location decision?
(b) What are 7 -R rule? Explain its significance incustomer service.
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7/31/2019 Logistics and Supply Chain Management New
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QUEST TUTORIALS CLASSES FOR BMS
Thane:B-305,B wing, 3rd
floor, Rajdarshan Society, Behind ICICI ATM, Near Platform No.1, Thane (W).Dadar: Balaji Building No.2, Second Floor, Room No. 17/ 17A, Madhav Wadi, Naigaum Cross Road, Near
Station, Dadar (East), Mumbai, 14.Kalyan: Shop No. 8, Basement, St. Mary's Classes, Siddhi Viniyak Sankul, Near Karachi Pharmacy,
Kalyan(W) 421 301.Contact: 67120221 / 25394777 Website: www.questclasses.com
(a) Discuss merits and demerits of "publicwarehouse" as a warehousing alternative in logisticalManagement.
(b) What is the role of logistical information Systemin procurement area?
(a) What are the strengths and weaknesses of"water transport" as a transportation mode?
(b) How mission based costing is different fromactivity based costing?
(a) Explain "decoupling" as a function of inventory
(b) Briefly discuss the role of logistical packaging intransportation and material handling
Explain the importance of logistical management incurrent business environment in India
What is customer service? Explain the objectives ofcustomer services
Discuss pipelines as mode of transportation withadvantages and disadvantages
What economic benefits are offered by warehouses?Explain
Explain the importance of inventory control inlogistical management
Discuss MRP I and MRP II as planning tools oflogistical management
Discuss classification of internal performancemeasures
What is the importance of logistical network analysis
How did supply Chain management evolve fromtraditional logistical management
Explain demand forecasting and its benefits
What characteristics are considered for transportmode selection?
Explain briefly the underlying principles ofwarehouse layout?
What is the significance of reorder level in inventorymanagement? Explain why safety - stocks arenecessary.
Explain the role of information technology in logisticsmanagement
What are the areas covered by external performancemeasurement in logistics?
What do you understand by logistical networkanalysis? Explain briefly.