/99 11 Distribution, Transport and logistics Management Welcome to Membership Exams. We wish you all the best as you kick start a wonderful career with usONLINE EXAMINATIONSThe online assessment is taken on completion of the training material. You will be asked 100 multiple choice questions with a pass mark of 50%. The answers are marked automatically so you will instantly know whether you have passed. If you don’t pass don’t worry! You can take the Exam againWhether you are a student on our platform or not we encourage you to email your enquires to our friendly team if you need help with anything at info@membershipexams.com REGISTER TO START YOUR EXAMINATION 1 / 99 LM. A reexamination of logistics system helps firms (a) Reduce inventory costs (b) Reduce transportation cost and delivery time (C) a and b 2 / 99 LM. LAMATA and LASTMA are two transport management and traffic management agencies respectively in ……… (c) Lagos (b) Oyo (a) Ogun 3 / 99 LM. The management of an effective supply chain requires the coordination of a wide range of activities which include: (c) all of the above. (a) inbound logistics (e.g. purchasing and material releasing, inbound transportation, receiving, materials handling). (b) internal logistics (e.g. inventory control and management, demand and supply planning, production planning). 4 / 99 LM. With which customer service factor are quick response and efficient consumer response delivery systems most closely related? (c) inventory costs (a) time (b) dependability 5 / 99 LM. All are International Airports in Nigeria except? (C) Akure (b) Kano (a) Port Harcourt 6 / 99 LM. Which of these is not connected with Air Transportation in Nigeria? (b) FAAN (a) NIWA (c) NCAA 7 / 99 LM. A warehouse that emphasizes speed and efficient product flow to hold goods for short periods of time and move them out as soon as possible: (c) is a distribution centre (a) is a storage warehouse (b) is a freight forwarder 8 / 99 LM. The lead-time gap is best described as: (a) The time it takes to satisfy a customer order (C) The time difference between the total supply chain lead-time and the customer order cycle time (b) The total supply chain lead-time from extraction of raw materials to consumption by the end-user 9 / 99 LM. Dualization of Federal Roads in Nigeria is the responsibility of: (c) Federal Ministry of Works and Housing (b) Federal Ministry of Transport (a) Federal Ministry of Finance 10 / 99 lm. The four Ps are characterized as being…………. (a) Product, Positioning, place and price (c) Product, place, price and promotion (b) Product, production, price and place 11 / 99 LM. The green band of the traffic lights signifies ……… (c) Move (b) Get ready (a) Stop 12 / 99 LM. A reason to carry inventory would include: (a) to have tax write-off opportunities (c) to promote purchasing and transportation discounts (b) having a wide variety to meet customer expectations 13 / 99 LM. Modes of transportation are typically evaluated on the basis of all of the following criteria except: (c) frequency (a) accessibility (b) perishability 14 / 99 Which of the following is not a part of Supply chain Management system? (b) Manufacturer (a) Supplier (c) Competitor 15 / 99 LM. BRT is an urban transport best practice and it stand for? (b) Bus Route Transport (a) Bus Rapid Transport (C) Bus Rapid Transit 16 / 99 LM. Current trend in supply chain, there has been a shift in the power structure in a chain towards (a) Retailers (c) Supplier (b) Manufacturer 17 / 99 LM. 3PL stands for (c) Three points location (b) Third party logistics (a) Three points logistics 18 / 99 LM. The cheapest means of transportation is ……… (a) Air (b) Rail (C) Water 19 / 99 LM. ………. is the time that elapses between issuing replenishment order and receiving the material in stores. (b) Lead time (c) Idle time (a) Replenishment time 20 / 99 LM. Local governments are concerned with the construction and maintenance of …….. roads (c) Trunk B (a) Trunk C (b) Trunk D 21 / 99 LM. An important feature of supply chain management is its application of electronic commerce technology that allows companies to share and operate systems for: (a) order processing, transportation scheduling, and inventory management (b) cost-effective flowing of raw materials (c) future purchasing of computer systems 22 / 99 LM. Electronic data interchange (EDI) is commonly used to (a) make purchase orders (c) support letter of credit systems (b) facilitate electronic payments 23 / 99 LM. Which of the following has not been used in the control of urban traffic system in Nigeria? (b) Use of traffic lights (C) The use of the customs (a) Restraints, use of even and odd numbers 24 / 99 LM.. Most producers use………..to bring their products to market. (b) intermediaries (c) expediters (d) customs (a) detailers 25 / 99 LM. Which of the following is not a major transportation problem in world urban centres? (b) Pollution (C) Routing (a) Traffic congestion 26 / 99 Zebra crossing is a sign in which mode of transportation? (c) Water (a) Road (b) Rail 27 / 99 LM. Which of the following is not a component of 4PL? (a) Control Room (Intelligence) (b) Resource Providers (c) Recycling 28 / 99 LM. The total logistics cost includes expenses associated with transportation, materials handling and: (a) customer complaints, cost of food and highway usage taxes (c) inventory control with sales forecasting (b) warehousing, inventory, stock outs and order processing 29 / 99 LM. Which of the following mode (s) of transportation may play a complementary role in decongesting road transport system in Lagos? (b) Water and Rail (a) Air and Water (c) Rail only 30 / 99 LM. The flow of goods from production to consumption is known as………… (c) Process logistics (a) Inbound logistics (b) Outbound logistics 31 / 99 LM. Today, companies have to manage relation with their………… in order to ensure timely supplies and meet customer’s requirements (c) Suppliers (a) Customers (b) Government 32 / 99 LM. ………. includes design and administration of systems to control the flow of materials, WIP and finished inventory to support business unit strategy (b) Materials Management (c) Bill of Materials (a) Logistics Management 33 / 99 LM. VMI stands for (b) Vendor managed inventory (a) Vendor material inventory (c) Variable material inventory 34 / 99 LM. Which of the following modes of transportation has been widely used for inter-continental trips? (a) Air (b) Water (c) Road 35 / 99 LM. …….. is the process of planning, implementing and controlling the efficient and effective flow of materials, storage and distribution of finished goods from one point to another in order to fulfill customer requirements (b) Warehousing (a) Logistics (c) Inventory 36 / 99 LM. Fed-EX is an example for………… company (c) Marketing ( (b) Marine cargo (a) 3rd Party logistics 37 / 99 LM. Logistics, as currently practised, has its origin in (b) World War I (c) World War II (a) biblical times 38 / 99 LM. A fundamental part of the distribution function is to get the product: (b) Launched into new markets (a) To the right place at the right time (c) To intermediaries 39 / 99 LM. DRP stands for (a) distribution requirement planning (c) distribution resource planning (b) dividend requirement planning ( 40 / 99 LM. Which of the following may not be a statutory role of the Federal Road Safety Commission? (b) Drivers and passenger’s education (c) Improving income of passengers (a) Accident reduction 41 / 99 LM. Supply chain management impacts all of the following aspects of the marketing mix strategy except: (a) the target market selection decision (b) product mix decisions (c) pricing decisions 42 / 99 LM. What is the first step in choosing a supply chain? (a) developing an umbrella mission statement (b) understanding the customer (c) making sure the members of the supply chain harmonize with the organizational culture 43 / 99 lm. Ensuring the availability of the products and services as and when required by the customers is………… utility (c) Form (b) Place (a) Time 44 / 99 LM. A distribution channel moves goods and services from producers to consumers. It overcomes the major time, place, and ……….. gaps that separate goods and services from those who would use them. (a) possession (b) profit (c) image (b) profit (c) image (a) possession 45 / 99 LM. The process of moving the raw materials from the place of the suppliers to the place of the producers is known as…………. (b) Outbound logistics (c) Inventor management (a) Inbound logistics 46 / 99 LM. Combining different transportation modes in order to get the best features of each is called: (c) bimodal logistics (a) freight forwarding (b) intermodal transportation 47 / 99 LM. Lead time and order cycle time are the same as (c) replenishment time (b) supply chain flow (a) customer service time 48 / 99 LM. The total logistics cost factors need to be balanced against the: (a) supply chain managers total experience (c) customer service factors (b) total expected transportation needs 49 / 99 lm. Complexity in the supply chain is caused by (b) locations of customers and suppliers (c) All of the above (a) the number of SKUs 50 / 99 LM. The slowest form of transportation for shipping goods is: (a) rail (c) air (b) water 51 / 99 LM. All of the following are considered to be major logistics functions except: (a) promotion to wholesalers and retailers (b) order processing (c) inventory management 52 / 99 LM. SKU stands for (b) Store keeping unit (a) Stock keeping unit (c) Strong key unit 53 / 99 LM. In ………… process execution is initiated in response to a customer order (c) Forward (a) PULL (b) PUSH 54 / 99 lm. ………… segmentation classifies consumers on the basis of age, sex, income, and occupation (a) Psychological (c) Demographic (b) Geographic 55 / 99 LM. Highways design is an essential element in transport planning and engineering. (c) True (b) Almost true (a) False 56 / 99 LM The term “Logistics and “………” are used very loosely and interchangeably because both are considered as an act of procurement, movement, and storage of materials along the chain of transportation. (b) Mobility (a) Supply chain (c) Warehousing 57 / 99 LM. ……… and physical distribution are the two major operations of logistics (b) Materials Management (a) Supply Chain Management (c) Logistics Management 58 / 99 LM ………… is the order quantity that minimizes total inventory holding costs and ordering cost. (a) EOQ (c) EPM (b) ERP 59 / 99 LM. The most expensive form of transportation with respect to shipping goods is: (a) rail (b) water (c) air 60 / 99 LM. Which of the following is not a mode of transportation? (C) Ports ? (a) Air (b) Rail 61 / 99 LM. ………. is the provision of service to customers before, during and after a purchase (b) Product Management (a) Customer Service (c) Purchase management 62 / 99 LM. Moving broken, unwanted, or excess products returned by consumers or resellers is called ………… distribution. (a) outbound (c) reverse (b) inbound 63 / 99 LM. Which of the following is not included in the function of physical supply? (b) Storage (a) Standardization (c) Packaging 64 / 99 LM. Eastern Nigeria to Western Nigeria Passenger’s trip are mostly carried out using ……… (c) Road (b) Pipeline (a) Rail 65 / 99 LM. Pricing interacts with a supply chain in many ways. For instance, transportation rate structures are adjusted by the carrier based on: (c) local currency rates (b) the size of the shipment (a) cost to unload 66 / 99 LM. Transporting and storing goods is part of which of the following marketing channel functions? (c) contact (b) physical distribution (a) negotiation 67 / 99 lm. ………. are goods with high volume, low unit value and fast purchase (c) consumer durables (a) soft goods (b) FMCG 68 / 99 LM. Physical distribution management involves management of good and services to first and second tier customers regarding their: (c) All the above (b) Inventory locations (a) Inventory levels 69 / 99 LM. NURTW Stands for ……… (a) National Union of Rail Transport Workers (c) National Union of Road Training Workers (b) National Union of Road Transport Workers 70 / 99 LM. There are a number of key influences on the selection of distribution strategy. Which of the following is generally recognized as a key influence? (b) Producer's needs (a) Buyer behaviour (c) All of the above 71 / 99 LM. Toyota supply chain is characterized by (c) Long term relationship with marketing executives (b) Long term relationship with employees (a) Long term relationship with suppliers 72 / 99 LM. The aim of supply chain management is to: (b) Reduce total logistics costs (C) Enhance value in the final marketplace and maximise profit for the whole supply chain (a) Manage the storage and movement of materials in the supply chain 73 / 99 LM. What is one major fear of managers when they decide to outsource their logistics function? (b) Transfer of fixed costs and capital investments into variable costs and expenditure (c) Loss of operational control and reduced contact with customers (a) The achievement of cost savings 74 / 99 LM. ……….. is the best option for time sensitive cargo (c) Road transport (b) Maritime Transport (a) Airfreight 75 / 99 LM. The width of the road is often referred to as ……… (c) Right of driving (a) Right of ownership (b) Right of way 76 / 99 LM. What types of costs need to be considered in making global sourcing decisions? (b) Production costs (c) All of the above (a) Transportation costs 77 / 99 LM. Which of the following agencies is not involved in road traffic management? (b) FRSC (a) LASTMA (c) FAAN 78 / 99 LM. The inventory management systems designed to reduce the retailer's lead time for receiving merchandise is called: (a) efficient consumer response delivery system (b) effective response (c) on-time market delivery system 79 / 99 LM. Road transport mode is relatively more important because of its……… (b) Safe nature (C) Door-to-door services provision (a) Income generation 80 / 99 LM. Which of the following types of infrastructure support logistics and supply chain development (C) Transportation networks (B) Utility services (A) Legal systems 81 / 99 LM. ………. applies to the timely movement of materials from the sources of supply to the point of manufacture, assembly, or distribution (a) Physical distribution (c) Supply clusters (b) Materials management 82 / 99 LM. Deciding on the number of and location for stocking facilities for storage of products is part of which of the following physical distribution decisions? (b) warehousing (a) order processing (c) inventory 83 / 99 LM. In warehousing, the acronym FIFO means (a) forklifts in forklifts out (b) first in first out (C) file in file out 84 / 99 LM. Which statement best describes a supply chain. (C) A network of interdependent and interconnected companies competing as one (b) A chain of interdependent companies (a) A chain of interconnected companies 85 / 99 LM. The mode of transportation that accounts for the largest percentage of cargo moved in Nigeria is: (b) truck (c) water (a) rail 86 / 99 LM. ……….. serves as the connection between various stages of a supply chain (b) Information (a) Technology (c) Production 87 / 99 lm. Outsourcing involves (b) hiring foreign nationals to manage parts of the business (a) moving company facilities away from the home office (c) obtaining materials, parts, and products from other companies 88 / 99 LM. Distribution requirement planning is a system for (a) Inventory management (c) Both ‘a’ and ‘b’ (b) Distribution planning 89 / 99 LM. ………… is a board range of activities concerned with efficient movement of finished goods from the end of the production line to the consumer (c) Intensive distribution (b) Channel of distribution (a) Physical distribution 90 / 99 LM.. Reverse logistics is required because (c) All of the above (b) Goods are unsold (a) Goods are defective 91 / 99 LM. ………. is the integration and organization of information and logistics across firms in a supply chain for the purpose of creating and delivering goods and services that provide value to consumers (b) Logistics management (c) Point-to-point management (a) Supply chain management 92 / 99 LM. Logistics is the part of a supply chain involved with the forward and reverse flow of (b) services (a) goods (c) all of the above 93 / 99 LM. JIT stands for (a) Just in time (b) Joint International trade (c) Joint Investigation team 94 / 99 LM. The word Logistics is derived from ……….. word (b) Latin (a) Greek (c) Spanish 95 / 99 LM. What challenge do managers face when making re-location and sourcing decisions? (c) Act local and think global (b) Think global and act global (a) Act local and think local 96 / 99 LM. The physical characteristics of a product will often dictate the (a) forms of sales promotion to be used (C) type of sales that can be made (A) geographic regions for distribution (B) type of transportation to be used 97 / 99 Which of the following statements is true (a) Logistics and supply chain are same c) Physical distribution and logistics are the same (b) Logistics is a subset of supply chain 98 / 99 LM. A set of interdependent organizations involved in the process of making a product or service available for use or consumption by the consumer or business user is called a: (a) retailer (c) distribution channel (b) wholesaler 99 / 99 LM. ITS means: (b) International Transportation Strategy (a) Intelligent Transportation Systems (c) International Traffic System Your score is 0% Restart quiz