#1
Which of the following is NOT a key objective of logistics and supply chain network optimization?
Minimizing transportation costs
Maximizing inventory levels
Improving customer service levels
Reducing lead times
#2
In logistics, what does the term 'last mile delivery' refer to?
The final stage of transportation to the end customer
The longest distance covered during transportation
The first stage of transportation from the supplier
The distance between warehouses
#3
Which software tool is commonly used for modeling and simulating supply chain networks?
Microsoft Excel
MATLAB
Supply Chain Guru
Adobe Photoshop
#4
What does the term 'lean manufacturing' focus on in supply chain management?
Maximizing production capacity
Minimizing production costs
Minimizing waste and inefficiencies
Maximizing inventory levels
#5
What does the term 'ABC analysis' refer to in supply chain management?
Analysis of warehouse layout
Analysis of customer segmentation
Analysis of inventory categorization
Analysis of transportation routes
#6
Which mathematical model is commonly used for optimizing supply chain network design?
Linear Programming
Polynomial Regression
Exponential Growth
Discrete Event Simulation
#7
What does the term 'bullwhip effect' refer to in supply chain management?
A sudden increase in transportation costs
A sudden increase in demand variability
A sudden decrease in inventory levels
A sudden decrease in lead times
#8
Which inventory management technique aims to maintain a constant replenishment level?
Just-in-time (JIT)
Economic Order Quantity (EOQ)
Vendor-Managed Inventory (VMI)
Safety Stock
#9
What is the primary purpose of using demand forecasting in supply chain management?
To determine production schedules
To estimate future demand for products
To optimize transportation routes
To manage warehouse inventory
#10
What is the primary goal of transportation optimization in supply chain management?
Maximizing transportation costs
Minimizing delivery lead times
Maximizing inventory levels
Minimizing customer satisfaction
#11
What is the primary goal of multi-echelon inventory optimization?
Minimizing lead times
Minimizing stockouts
Maximizing order quantities
Maximizing inventory turnover
#12
Which strategy focuses on consolidating shipments from multiple suppliers to reduce transportation costs?
Cross-docking
Milk run
Dropshipping
Just-in-time (JIT)
#13
What is the primary goal of network design optimization in supply chain management?
Minimizing production costs
Maximizing warehouse capacity
Minimizing distribution costs
Maximizing customer satisfaction
#14
Which of the following is NOT a typical constraint in supply chain network optimization?
Capacity constraints
Lead time constraints
Quality constraints
Budget constraints
#15
Which metric is used to measure the responsiveness of a supply chain network?
Inventory turnover ratio
Customer satisfaction index
Perfect order fulfillment
Supply chain velocity
#16
What is the primary goal of collaborative planning, forecasting, and replenishment (CPFR) in supply chain management?
To optimize transportation routes
To improve communication between suppliers and retailers
To minimize production costs
To increase inventory levels