Supply Chain Management MCQ Questions and Answers

EOQ stands for ____

A. Electronic Obtained quantity

B. Electronic Ordered Quantity

C. Economic Order Quality

D. Economic Order Quantity

Organisations or companies manage their supply chains through _______.

A. Transportation modes

B. The internet

C. Information

D. Skilled Operators

The concept and philosophy of supply chain management evolved or emerged in _______

A. The 1960s

B. The 1970s

C. The 1980s

D. The 1990s

Full form of MRP in operations and SCM is ___________

A. Material Return Process

B. Material Requirement Planning

C. Machinery Repairing Planning

D. Material Retention Planning

The concept of supply chain management originated in ________________ discipline.

A. Production Management

B. Logistics Management

C. Marketing Management

D. Operations Management

In operations & supply chain management, Kaizen is a Japanese term meaning __________.

A. Change for the better

B. Continuous Performance

C. Top-level quality

D. Use of Kaizala app

According to Frankel, Bolumole, Eltantawy, Paulraj& Gundlach, (2008), these are the four functions identified as foundational – operations, logistics, supply management, __________.

A. Marketing

B. Production

C. Materials

D. Procurement

Positive long-term relationships between supply chain participants refer to ______

A. Supply chain management

B. Partnerships

C. Co-operations

D. Co-alliances

Supply chain management is the management of the ____________.

A. Storage Raw Materials

B. Flow of goods and services

C. Fulfillment of order

D. Satisfaction of customer

______ is not a part of flows involved in supply chain management.

A. Information Flow

B. Title Flow

C. Physical Flow

D. Virtual Flow

___________ involve the transformation, movement, and storage of goods and materials.

A. Virtual Flow

B. Physical Flow

C. Title Flow

D. Information Flow

A supply chain is a sequence of firms that perform activities required to ______

A. to facilitate wholesalers inventory selections

B. to create synergy in their training programs

C. to find products that are similar

D. to create and deliver goods to consumers

This is all about supply chain management MCQ for students. This set can be used for other management subjects like OSCM, International supply chain management, Logistics management and operations management.

Also See: Material Management MCQ With Answers