VMI stand for?

A. Vendor managed inventory

B. Vendor material inventory
C. Finished products
D. Consumable tools
ANSWER: A
The term supply chain management was first coined by?
A. Frankel & Paulraj
B. Peter Drucker
C. Keith Oliver
D. Philip Kotler
ANSWER: C
What is the main benefits of WMS?
A. Reduce shipping cost and shipping errors
B. Reducing inventory storage levels
C. Transparency in inventory storage and accuracy
D. All of these
ANSWER: D
What does systematic flow of service, good or information from buying material for
product delivery to customer known as?
A. Material flow chain
B. Value chain
C. Supply chain
D. Manufacturing flow chain
ANSWER: C
Which of the following is strongly associated with "cross talking"?
A. Uses of manual product identification system
B. Non- value- added activities such as receiving and storing
C. Multi- model transportation facilities at seaports
D. Processing item as soon as they are received into a distribution centre
ANSWER: D
Balance of Trade is difference between Export value and _______ Value?
A. Import
B. Capital
C. Trade
D. Balance
ANSWER: A
Which technology is used to track consignments?
A.RFID
B. ERP
C. Warehousing
D. Multimodal transport
ANSWER:A
Which of them is not a part of World Bank group?
A. IBRD
B. IDA
C. IFC
D. IMF
Ans : D

Under EPCG scheme, capital goods can be imported at 5 per cent duty against export
obligation of eight times the duty saved to be fulfilled in ………. years?
A. 5
B. 8
C. 10
D. 9

Ans B
Which type of production can help to keep price low in Domestic and International
Trade.
A. Mass Production
B. Batch Production
C. Job Production
D. Flexible Production

Ans A