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Self Assessment Questions



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Logistics & Supply Chain Management ( PDFDrive )

Self Assessment Questions
1. What do you mean by EOQ?
2. What are the assumptions of EOQ?
3. Why EOQ is important in inventory management?
4. Explain Reorder Point Models.
5. Write down the advantages of Reorder Point Models.
6. Reorder Point Models are cost effective. How?
7. Explain Multichannel Inventory system.
8. What do you mean by Integer Replacement Policy?
9. Explain the concept of Multi-Echelon Distribution Supply Chain.
10. What do you mean by Facility Layout?
11. Discuss the criteria for layout decision.
12. Based on the insight learned through your course in respect of 
types of layout, outline the relevant types, applicability, merits 
and demerits of each for the following products:
Automobile 
➢ Aircraft
➢ Air Conditioners
13. For each of the following, determine whether the layout would be 


Notes
230
a product, a process, or affixed-position layout:
a. The location of departments within a college or university 
b. A hospital emergency rook
c. A self-service cafeteria
d. Building a custom-designed home
e. A prefabricated factory-built home
14. Write a short note on job shop.
15. Explain the concept of capacity planning.
16. Depict the reasons behind capacity planning.
17. Write down alternative capacity planning techniques.
18. What do you mean by optimization?
19. Write a short note on inventory optimization.
20. Explain classical optimization.
21. Explain the bullwhip effect and causes.
22. Explain the methods for coping with the bullwhip effect
23. What do you mean by routing?
24. Briefly explain scheduling.
25. Discuss the position of transportation in L&SCM.
26. Describe the role of transportation in the success of logistics 
system, and coordinated and efficient supply chain performance.
27. Write a note on the various elements of transportation cost.
28. Discuss the nature and relative characteristics of various modes of 
transport.
29. What issues should a logistics manager consider in trying to select 
a mode of transport?
30. In the present day’s scenario of global competitive environment, 
discuss the role of multi-model transportation.
31. Write a note on the various alternative transportation networks 
with suitable examples.
32. What do you mean by containerization? Why it has become 
popular at the advent of L&SCM?


Notes
231

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