Business Strategey

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CII Institute of Logistics

PGDSCM & Certificate Programs

Assignment 1

WAREHOUSING & INVENTORY MANAGEMENT

Time : Three Hours Marks : 100

Part A

Answer all questions (20 x 1 = 20 Marks)

1. Maintaining stock availability for Order Picking is named as

a. Order Picking

b. Sortation

c. Receiving

d. Replenishment

2. RDC refers to

a. Reliable Dispatch Center

b. Return Dispatch Center

c. Regional Distribution Center

d. Random Distribution Center

3. Goods access to stock is one of the key factors

a. Influencing the choice of storage system

b. For designing a ware house

c. For designing a Material Handling Equipment

d. For designing a Production system

4. Collation, which is one of the functions of a Ware House, related to

a. Receiving the goods

b. Dispatching the goods

c. Storing the goods

d. Bringing and Consolidating the goods before dispatch

5. One of the ware house performance metrics is:

a. Cost reduction in material

b. Cash to Cash cycle time

c. Shipping accuracy

d. Production cycle time

6. Inspection is involved in which activity:

a. Cross-Docking

b. Receiving

c. Picking

d. Storing

7. One of the factors affecting the number of ware houses:

a. Capital expenditure of material handling equipment

b. Ware housing costs

c. Procurement costs

d. Packing costs

8. Cross Docking requires:

a. More storage space

b. Less storage space

c. No storage space

d. None of the above

9. The true Multi-Echelon system would reduce the cycle inventory in the whole supply chain TRUE / FALSE

10. ABC analysis in Inventory control is based on

a. Cost of the material

b. Stock quantity on hand

c. Annual consumption value of the items

d. None of the above

11. Bar codes enable quick and accurate...