PLM (Topics 5-8)

Which is the first step in Logistics planning and control framework?

• Set Objectives

• Planning

• Monitoring

• Feedback

Logistcs and Strategic Fit does not include which strategy?

• Competitive

• Supply Chain

• Team

• Logistics

What does not describes inventory in Logistic management?

• Plastic parts

• None

• sub-assembled parts

• Carton boxes

Which Logistics performance monitoring method translates mission into objectives and measures?

• SCOR Model

• Integrated Supply Chain Approach

• Operational Approach

• Balanced Scorecard

Which is not a supply chain influence in location of facilities?

• Response Time

• Returnability

• Supplier Experience

• Product Variety

Which describes type of cost in safety inventory decisions?

• Overstock

• Overstock and understock

• Understock and mid-stock

• Mid-stock and overstock

Which evaluation performance measures make comparison against industry standards?

• Benchmarks

• Engineered standards

• Historical Data

• Budget

Location of Facilities does not follow which type of strategy?

• Market Positioned Strategy

• Product Positioned Strategy

• Product Variety Strategy

• Intermediate Positioned Strategy

Which is not an example of Strategic Fit Challenge?

• Sustainability

• Certainty

• Supply Chain Fragmentation

• Changing Technologies

Which is not a logistic driver?

• Facilities

• Inventory

• Quality

• Transport