CPL Supply Chain Operations & Logistics Management

Question 1

What is the primary goal of supply chain management?

Accepted Answer

Reduce costs while ensuring timely delivery

Answer

Maximize inventory levels

Answer

Increase warehouse space

Answer

Delay shipping to save fuel

Question 2

What does 'just-in-time' inventory mean?

Accepted Answer

Receiving goods when needed for production

Answer

Storing products indefinitely

Answer

Ordering extra materials in bulk

Answer

Shipping all orders together monthly

Question 3

Why is demand forecasting important?

Accepted Answer

To guide production and inventory planning

Answer

To guess customer preferences

Answer

To avoid using technology

Answer

To eliminate safety stock

Question 4

What is the function of a distribution center?

Accepted Answer

To handle storage and order fulfillment

Answer

To manufacture products

Answer

To provide customer support

Answer

To perform research

Question 5

What does logistics management include?

Accepted Answer

All activities from procurement to delivery

Answer

Only shipping

Answer

Only inventory management

Answer

Sales and marketing

Question 6

What is the bullwhip effect?

Accepted Answer

Amplified demand fluctuations in the supply chain

Answer

A pricing strategy

Answer

An inventory glitch

Answer

A new software tool

Question 7

Which mode of transport is fastest for global shipping?

Accepted Answer

Air freight

Answer

Sea freight

Answer

Rail

Answer

Truck

Question 8

What is third-party logistics (3PL)?

Accepted Answer

Outsourcing logistics to external providers

Answer

In-house logistics team

Answer

Internal audit function

Answer

Customer service branch

Question 9

Why is real-time tracking important in logistics?

Accepted Answer

To monitor shipments in real time

Answer

To delay delivery

Answer

To track employee hours

Answer

To reduce data entry