LSCM Question Bank
Module 1
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Define supply chain with an example
Identify the 4 cycles of Supply Chain cycle view process and explain it with suitable example.
List and show the interactions between the 6 drivers of Supply Chain
List the different cycle view of Supply Chain and explain each cycle.
Explain the key issues involved in the Supply Chain Management.
List and explain the supplier selection characteristics.
List the six supply chain drivers and show their effects on Supply Chain Management with the
help of neat sketch.
Associate the six stages of supply chain, with the help of a neat diagram and summarize their
contributions to increasing the value of the Supply Chain.
List the six supply chain drivers and show their effects on Supply Chain Management with the
help of a neat sketch.
What is the definition of supply chain management? Explain with neat block diagram and
what is the significance of supply chain management in manufacturing industries.
Forecasting roles in supply chain management and forecasting methods.
List out Types of Purchase procedure and policies and explain bidding policy and standard
purchase order terms and conditions.
Explain Customer Order Decoupling Point (CODP).
Module 2
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Define supply chain with an example
Identify the 4 cycles of Supply Chain cycle view process and explain it with suitable example.
List and show the interactions between the 6 drivers of Supply Chain
List any six Factors that influence designing of Global Supply Chain Network.
List the 5 stages of supply chain and the interaction between each stage with the help of
example
6. List the 5 obstacles of SCM
7. List any four managerial actions that will help reduce the bullwhip effect on Supply chains
8. Explain the Bullwhip effect with a neat sketch.
9. List any six objectives of Global Supply Chain Management.
10. Explain the challenges in establishing Global Supply Chain.
11. List any six types of supply chain risks.
12. List the tools of performance measurement of Supply Chain and also explain the following
concepts: Supply Chain Balanced Scorecard, Cycle times, DPMO, Transportation Metrics,
Inventory turns.
13. Show an example of Supplier Score Card using a neat diagram.
14. Explain the supply chain performance measuring SCOR model with neat diagram.
15. Explain Aggregate planning in supply chain management.
16. Explain performance measurement of Supply chain Management model (Supply Chain
Operations Reference) Model.
17. Explain different issues of supply chain management in FMCG companies
Module 3
1. The annual demand of an item is 4200 units. The unit cost is Rs. 8/-. The inventory carrying
rate is 30%. The cost of procurement is Rs. 200/- Calculate EOQ.
2. List the advantages of safety-stock.
3. A company currently purchases one of its items for Rs.2 per unit without quantity discount.
The ordering cost is Rs.20 per order and the carrying cost is 20% of its purchase price per
unit per year. The annual demand is 2500 units. A new vendor offers quantity discounts for
the same item as per the following quantity discount scheme. Determine the best order
quantity.
Quantity
0 ≤ Q1 < 1500
1500 ≤ Q2 < 2500
2500 < Q3
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Discount per unit
No discount
3% of per unit price
5% of per unit price
Derive Economic Order Quantity for instantaneous stock replenishment model.
Differentiate between fixed order system and fixed period system.
List the steps for the ABC inventory classification.
Derive Economic Order Quantity for the EPQ model with the assumptions
Monthly consumption of a particular item belonging to ‘B’ category and having unit price Re.
1 has been estimated to be 300 units. The inventory carrying cost and the procurement cost
for the company have been computed at 18% and Rs. 36 per order respectively. Stock records
show that this item can normally be procured within a period of one month. If the company
adheres to the policy of one month safety stock for all ‘A’ and ‘B’ category of items.
Calculate i) re-order quantity, ii) re-order level, iii) minimum level, iv) maximum level and v)
average inventory
Derive Economic Order Quantity for the discounted price model with the assumptions. Draw
the flowchart.
List the relevant inventory costs and explain the various costs like, set-up cost, carrying cost,
purchase cost, shortage cost and total cost.
12. List the various inventory control techniques.
13. Explain any four inventory control techniques listed above.
14. A petrol engine manufacturer buys an item in lots of 2000 units which is a three-month requirement. The
cost per unit is Rs. 90 and the ordering cost is Rs. 180 per batch order. The inventory carrying cost is
estimated at 20% of the average inventory investment.
a. Determine the annual total cost of the existing inventory policy.
b. Determine how much money can be saved by using economic order quantity?
15. An item has an annual demand of 50,000 units, where no shortage is allowed. The ordering, receiving and
hauling cost is ₨ 13 per order, while inspection cost is ₨ 12 per order. Interest costs ₨ 0.056 and
deterioration and obsolescence costs ₨ 0.004 respectively per year for each item actually held in inventory
plus ₨ 0.02 per year per unit based on the maximum number of units in inventory. Determine the EOQ.
16. Derive the EOQ for Discount model used in Inventory Management.
17. List any four types (full name) of Selective control of inventory.
18. List the six types of inventory models for determining the optimum order quantity in inventory control.
19. List and show the three types of costs associated with Inventory control.
20. List any four assumptions for deriving EOQ for Basic Inventory Model.
21. Recall and list the full form of HML, FSN, SDE and SOS Analysis.
22. List any four types (full name) of Selective control of inventory.
23. Derive the EOQ for Basic Deterministic model used in Inventory Management.
24. An Engine Manufacturer requires special involute gears at the rate of 300 numbers per year.
Each gear costs ₨ 36 and the procurement and carrying costs are estimated at ₨ 30 and 20%
of unit cost respectively. If the supplier offers a discount of ₨ 2 per gear on an order of 200 or
above, determine the optimum quantity to be purchased.
25.
Module 4
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Distinguish between different modes of transportation.
List any 10 advantages of warehousing in SCM
List at least 4 different types of warehouse storage systems and describe the working.
List the 5 advantages of cross-docking in SCM
Differentiate between 3PL & 4PL
List at least 5 different types of warehouse storage systems with suitable examples
Classify the different types of distribution strategies
Explain any five different types of warehouses.
Explain different modes of transportation and compare the different modes on the basis of
the following characteristics – door to door service, price, speed, flexibility, environmental
impact
List different types of containerization and give its advantages and disadvantages.
Explain cross-docking with a neat sketch and give its advantages and disadvantages.
Differentiate between milk run and direct distribution with help of illustrative sketch
Differentiate between Pipelines and overseas transport operations (any two distinguishing
points)
Define the concept of Distribution Management.
Draw and show the concept of cross-docking in transportation operations.
List any six types of Warehouses used in Logistics Management.
Show the concept of cross-docking in transportation operations.
Differentiate between 3PL and 4PL.
Differentiate between FCL and LCL.
What is the role of warehouse in supply chain management? What are the types of
Warehouses in supply chain? What are the function of warehousing?
Explain the role of transportation in supply chain and Measure performance of
transportation in supply chain management
Reverse logistics management with detailed block diagram
Explain third party logistics.
Module 5
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List the applications of bar coding.
List the type of initiatives under CSR in Supply Chain.
List any 6 advantages of reducing the carbon footprint in Supply Chain.
Explain Sustainability in Supply Chain and its measurement.
Explain TMS and its benefits.
List the ways in which RFID technology is different from bar codes.
List the benefits of TMS (Transport Management System)
List the ways of reducing the carbon footprint in your Supply Chain.
Summarize Supply Chain IT framework.
Summarize use of RFID in Inventory control and Shipping & Receiving.
Role of IT in Supply Chain
Compare RFID and bar-coding using applications.
Show the concept of Triple Bottom Line using a neat sketch.
Differentiate between Barcode and RFID
List any four initiatives of CSR.
List any four roles of IT in SCM and summarize the benefits of any four stages of SCM.
Differentiate between TMS and WMS.
List the 3Ps of Triple Bottom Line.
Summarize the importance of Supply Chain Sustainability and list its key indicators. Also show the
Triple Bottom line with the help of a neat diagram.
20. Explain Green Supply Chain Management.
Module 6
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List the advantages of drop shipping or direct shipping.
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Calculate the initial basic feasible solution using Vogel’s Approximation Method for
the transportation problem given below –
Differentiate between Value Analysis and Value Engineering.
Explain with the help of a sketch Transshipment Problem.
Differentiate between EOQ and MOQ.
Explain VSM and list its objectives
1
2
3
4
Supply
6
4
16
2500
2
12
6
3500
14
10
6
4000
8
18
4
2000
3000
4000
5000
Destination
Supply
1
2
3
Demand
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Determine the IBFS using the Least Cost Method for the following transportation problem and show the
final solution.
A
B
C
Supply
P
2
7
4
5
Q
3
3
1
8
R
5
4
7
7
S
1
6
2
14
Demand
7
9
18
Calculate the initial basic feasible solution using North West Corner Rule for the
transportation problem given below –
Destination
1
2
3
4
5
Supply
4
5
3
2
60
3
2
5
4
60
1
3
6
4
30
2
4
3
5
40
6
5
2
3
10
80
60
40
20
Supply
A
B
C
D
Demand
9. List the benefits of resilient Supply Chain
10. List the steps to find the initial basic feasible solution using NWCR.
11. Summarize the steps of VRP.
12. Show the distribution network of Distributor storage with package carrier delivery using a neat
diagram.
13. Determine the IBFS for the following trans-shipment problem using VAM and show the final solution.
Delhi
Kolkata
Mumbai
Bangalore
Jaipur
Capacity
Delhi
-
3000
2000
3000
500
1000
Kolkata
3000
-
2500
2000
2500
1500
Mumbai
2000
2500
-
1000
1500
Bangalore
3000
2000
1000
-
2500
Jaipur
500
2500
1500
2500
-
2300
1400
Demand
1200
14. List the objectives of VSM and explain VSM
15. Solve the following trans-shipment problem and calculate the minimum cost
16. Solve the following trans-shipment problem and calculate the minimum cost
17. List the benefits of resilient supply chain and explain how the resilient supply chain works.
18. A salesman must travel from city to city to maintain his accounts. This week he has to leave
his home base and visit other cities and the return home. The table shows the distances (in
km) between the various cities. His home city is city A.
Use the assignment method to determine the tour that will minimize the total distance of
visiting all cities and then returning home.
19. Consider the following problem having three sources and four destinations. The cell entries
represent the cost of transportation per unit.
Destinations
Supply
1
2
3
4
Source 1
6
2
14
8
2
3
Demand
3000
4
16
2500
12
6
3500
10
6
4000
18
4
2000
4000
5000
Determine:
Initial basic feasible solution using any method
Optimum solution using (MODI method or U-V method)
20. Determine IBFS of the below mentioned Transportation problem using VAM.
21. Solve the following Trans-shipment problem and determine the IBFS.
22. List any six factors Influencing Distribution Network Design.
23. Draw a neat sketch of the concept of Manufacturer storage with direct shipping and intransit merge.
24. List the steps needed for modelling of SCM Systems.
25. List any six design options for distribution network in SCM.
26. Design of Supply Chain Network channels and distribution modes and list out the supply
chain factors, consider facility location, capacity allocation, transportation facility in the
network design.