BLM TEST 1 S2 2015

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POLYTECHNIC OF NAMIBIA
SCHOOL OF MANAGEMENT SCIENCE
DEPARTMENT OF MANAGEMENT
BUSINESS LOGISTICS MANAGEMENT
Test 1
Date:
07 September 2015
Duration:
02 Hours (15h00 – 17h00)
Total Marks:
50
FINAL MARK
Lecturers:
Mr. J.V. OLU OJO
%
Ms DEIDRE CARBALLO
Mr. M. NELENGE
%
(FT/PT). This paper consists of FIVE pages (including the cover page), and two sections.
BOTH sections are compulsory
Student Name
Mode of Study
(Initial & Surname)
(full/part time)
Student Number
Course Registered
for
(BTECH Acc, HR,
etc)
Signature
Date
Group (circle)
B
H
C
E
G
PT
QT
Good Luck!
ST
PT
RT
SECTION A
1. The following seven steps of systems analysis have been placed here in the wrong order:
a) evaluation of alternatives
b) selecting goals and objectives and defining the problem
c) implementing
d) generating alternative solutions
e) choosing appropriate alternatives
f) monitoring performance and reviewing goals and objectives
g) system modelling
Which sequence of steps is correct?
a) B, G, D, A, E, C, F
b) B, D, G, A, E, C, F
c) B, G, D, A, C, E, F
d) B, G, A, D, E, C, F
e) B, G, D, A, E, F, C
2. Consumers’ willingness to pay reflects the __________ they place on a product.
a) monetary value
b) time value
c) place utility
d) possession utility
e) form utility
3. Supply chain management includes all logistics management activities as well as …
a) Manufacturing operations and sales (applied marketing).
b) Materials management and physical distribution.
c)
Procurement and sales.
d) Procurement and manufacturing operations.
e) Manufacturing operations and sales
4. One of the following statements does not form part of the Competitive advantage
created by logistics
a) Logistics linkages with the value chain
b) Value-added role of logistics
c)
Customer service
d) Aspects of competitive advantage and wealth creation through logistic.
e) Globally competitive and profitable business that deliver consumer satisfaction.
5 The proven ability, readiness and willingness to effectively handle variations in order and
inventory quantities, freight consignment volumes and mass, delivery times and delivery
locations–without any significant loss in overall efficiency–is known as …
a) Accessibility.
b) Goods security.
c) Reliability.
d) Flexibility.
e) Suitability.
6 The competitive environment of organisations has changed drastically in a number of
aspects. Which of the following is NOT one of these aspects?
a) Customers are more geographically dispersed than before.
b) Customers are demanding higher-quality products at lower costs in a shorter time.
c) Strategic partners are now incorporated into, and become part of, a supply network
structure (suppliers and manufacturers).
d) Organisations have reduced their manufacturing operations to single-site manufacturing
facilities within one country.
e) Businesses are faced with increasing volatility and uncertainty in the economic and
competitive playing fields.
7. In aligning the supply chain strategy to the organisational strategy, the supply chain
focus needs to start with ...
a) The customer and then work backwards through the supply chain scope.
b) The supplier and then work forwards through the supply chain scope.
c) The production facility as the centre of focus.
d) The logistics service providers and their own objectives.
e) Environmental pressure groups and their demands.
8. Purchase and make to order is used in industries where …
a) Mass customisation is commonplace.
b) The raw material content is negligible in relation to the total cost of ownership.
c) The raw material inventory levels are normally high.
d) The raw material inputs are relatively expensive.
e) The customer order penetrates upstream from the finished goods store.
9. Which one of the following quantities is NOT calculated by materials requirements
planning?
a) Sales requirements
b) Manufacturing activity schedules
c)
Expected shortages
d) Surplus components inventory
e) Available free capacity
10. Economic value added is:
a) The difference between the net operating profit after tax less the cost of capital
employed
b) Important in the creation of shareholders’ value
c) A term that refers to the value that a company adds to a country’s economy
d) Important in the creation of economic wealth
e) The present value of future market value added
Total = 20 marks
SECTION B
1. Explain and give examples of what is meant by Corporate Strategy, Business or tactical
and operational strategy in the logistic or organisation context.
(10)
2.
Describe and illustrate where applicable the process to follow for supply chain strategy
development and implementation
(20)
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