Question 1

RFID tags are commonly used in warehousing to improve speed and accuracy. Which of the following functions can RFID technology complete?

Options :

A : track and trace

B : demand planning

C : logistics

D : storage

Answer: A

Question 2

Green Frog Ltd is a consultancy organisation that has around 50 different customers. Their new CEO Patal is investigating the different customers and believes that using a Cost to Serve tool will help better understand customer profitability. Is this the right approach?

Options :

A : yes- Cost to Serve will allow Patal to identify customers that are unprofitable

B : yes- this is an expensive tool but will allow a high level of visibility for the organisation into its customers

C : no- all customers are equally profitable if they pay the same rates

D : no - Patal should use a Total Cost of Ownership approach to measure this

Answer: A

Question 3

Which of the following is an approach that aims to increase profits by maximising the performance of constraints?

Options :

A : Lean

B : Six-Sigma

C : Total Quality Management

D : Theory of Constraint

Answer: D

Question 4

Which governing body is responsible for the creation and management of INCOTERMS? (Rules that state the responsibilities of buyers and sellers regarding delivery of goods under sales contracts).

Options :

A : World Trade Organisation

B : United Nations

C : International Labour Organisation

D : International Chamber of Commerce

Answer: D

Question 5

2022-04-04-17-56-26-3bd0d8c85dac11143b6564c9a0e6ba64

Which of the following will you put into box 3?

Options :

A : bar code technology

B : radio frequency identification

C : integrated supply chain technology

D : warehouse management system

Answer: C

Higher Test Marks with Free Online L5M10 Exam Practice

Buying Options: