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Business Logistics
Multiple Choices:
1. This decision involves mode of selection, shipment size, routing & scheduling.
a. Inventory decision
b. Transport decision
c. Distribution decision
d. Facility location decision
2. This refers to the activities of gathering the information needed about the products & services
desired & formally requesting the products to be purchased.
a. Order preparation
b. Order transmittal
c. Observation
d. Order entry
3. A very valuable function for the TMS is to suggest the patterns for consolidating small shipments
into larger ones.
a. Mode selection
b. Routing
c. Scheduling
d. Freight Consolidation
4. This refers to transporting truck trailers on railroad flatcars, usually over longer distances than
trucks normally haul.
a. Water
b. Pipeline
c. Roadways
d. Trailers on Flatcars
5. An operating philosophy that is an alternative to the use of inventories for meeting the goal of
having the right goods at the right place at the right time.
a. Just-in-time
b. Kanban
c. MRP Mechanies
d. None
6. A buyer may wish to negotiate the best possible price but not take delivery of the full purchase
amount at one time.
a. Fixed sourcing
b. Contract buying
c. Flexible sourcing
d. Deal buying
7. Transportation rate structure, especially rate breaks, influence the use of storage facilities is
known as___________
a. Storage function
b. Holding
c. Consolidation
d. Break-bulk
8. These warehouses are the most common type which handle a broad range of merchandise.
a. Household warehouses
b. Miniwarehouses
c. Bulk storage warehouses
d. General merchandise warehouses
9. ___________ refers to the time that goods remain in the transportation equipment during
delivery.
a. Leased space
b. Storage in transit
c. Load unitization
d. Space layout
10. It refers to the selection of more than one order on a single pass through the stock.
a. Zoning
b. Batching
c. Sequencing
d. Modified area system
Part Two:
1. What is Bid-Rent Curves?
2. What is Mixed Integer linear Programming?
3. Differentiate between Lumpy and Regular Demand.
4. Write a short note on „Order Transmittal‟.
Caselete 1
Questions:
1. Develop a forecasting procedure for this service station. Why did you select this method?
2. How should promotions, holidays, or other such periods where fuel usage rates deviate form
normal patterns be handled in the forecast?
Caselete 2
Questions:
1. What replenishment order size, to the nearest 50 units, should Walter place, given the
manufacturer‟s noninclusive pricing policy?
2. Should Walter change his replenishment order size if the manufacture‟s pricing policy were one
where the price in each quantities break includes all units purchased?
END OF SECTION B
1. What is a heuristic Method? How are they useful in solving warehouse location problem?
2. What is a “Virtual Inventory”? What is the planning problem associated with such inventories?
3. Decision makers such as truck dispatchers, can go a long way toward developing good truck routes &
schedule by applying guideline principles. What are those principles for good Routing & Scheduling?
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Project Management
1. During _________formal tools and techniques were developed to help and manage large
complex projects.
2. PERT stands for:
3. The most basic model of any Operating System is:
4. Overall complexity =
5. Relevant areas of the APM body of knowledge are:
a. Program Evaluation and Reverse Technique
b. Progress Evaluation and Review Technique
c. Program Evaluation and Review Technique
d. None of the above
a. Project Model
b. Input-output model
c. Output-input model
d. None of the above
a. Organizational complexity*resource complexity*technical complexity
b. Organizational complexity+technical complexity-resource complexity
c. Technical complexity+resource complexity/organizational complexity
d. Organizational complexity*resource complexity/technical complexity
a. Quality Management
b. Budgeting and cost Management
c. Project Cost Management
d. Both ‘a’ and ‘b’
6. Costs associated with the planning process include:
7. CPA stands for:
a. Planer’s tools
b. Opportunity cost
c. Planned labour and associated expenses
d. All of the above
a. Critical Path Analysis
b. Common Path Analysis
c. Critical Path Algorithm
d. Common Problem Analysis
8. The project duration with the normal activity time is ____days.
9. The nature of the work organization is important as it:
a. Defines responsibility and authority
b. Outlines reporting arrangements
c. Determines the management overhead
d. All of the above
10. Matrix Management was invented by
d. Frederick Taylor
1. Define ‘Cost Estimating Techniques’.
2. Write a note on ‘Critical Path Analysis’.
3. Differentiate between General Management and Project Management.
4. What is ‘Team Life Cycle’?
Caselet 1
1. What further methods could have been used to generate ideas for the identification part of the risk
2. What should happen as the project progresses to manage risk?
Caselet 2
1. Identify the steps the firm took in this project. How did this contribute to the success?
2. How might the main adverse effects be identified?
1. What is the role of strategy in Project Management?
2. Identify the different roles that cost, price and profit can play in determining project costs.
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Project Management in IT
1. The knowledge areas of Project Management Process Group are:
a. Planning and Initiating
b. Executing and Closing
c. Monitoring and Controlling
d. All of the above
2. To create a successful project, a project manager must consider:
d. All of the above
3. Which one of the following is not involved in the top ten skills or competencies of an effective
d. Technical skills
4. Another name of a phase exit is a _______ point.
5. Which process group includes activities from each of the nine knowledge areas?
6. The project team works together to create the ______.
a. Scope statement
c. WBS dictionary
d. Work package
7. __________ is a network diagramming technique used to predict total project duration.
c. Critical Path Method
8. Which of the following is not a key output of project cost management:
a. A cost estimate
b. A cost management plan
c. A cost baseline
d. None of the above
9. CMMI Stands for:
a. Capability Maturity Model Integration
b. Complex Maturity Model Integration
c. Common Maturity Model Information
d. Capability Maturity Model Information
10. A proposal evaluation sheet is an example of:
c. Earned value analysis
d. Weighted scoring model
1. Define Product Life Cycle.
2. What is Project Integration Model?
3. Write a note on Gantt charts.
4. What is Project Quality Management?
Caselet 1
1. What according to you are the factors that can hamper the profit growth related with the
2. Mention some strategies to further improve the project’s turnover.
Caselet 2
1. According to you what are the skills that needed for the project management of an organization?
2. How the six sigma project became a helpful tool in very sophisticated kind of project
1. What is cost? What is the importance of Project cost Management and explain basic principles of
Cost Management.
2. Define the following:
a. Resource Histograms
b. Project Communication Management
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