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OLM611C- OPERATIONAL LOGISTICS MANAGEMENT- 1ST OPP- JUNE 2023 |
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nAmlBIA
unlVERSITY
OF SCIEnCE Ano
TECHnOLOGY
HP-Gse~·
HAROLDPUPKEWITZ
GraduateSchoolof Business
FACULTYOF COMMERCE, HUMAN SCIENCESAND EDUCATION
HAROLD PUPKEWITZGRADUATESCHOOLOF BUSINESS
QUALIFICATION:DIPLOMA IN BUSINESSPROCESSMANAGEMENT
QUALIFICATIONCODE: 06DBPM
LEVEL: 6
COURSECODE: OLM611C
COURSENAME: OPERATIONALLOGSITICS
MANAGEMENT
SESSION: JUNE 2023
DURATION: 3 HOURS
PAPER:PAPER1
MARKS: 100
EXAMINER(S)
MODERATOR:
FIRSTOPPORTUNITYEXAMINATION QUESTION PAPER
Ms. G. Tshoopara
Ms. H. Nuuyandja
INSTRUCTIONS
1. Answer ALL the questions.
2. Write clearly and neatly.
3. Number the answers clearly.
PERMISSIBLEMATERIALS
a) Examination paper
b) Examination script
THIS QUESRION PAPERCONSISTSOF 5 PAGES(Including this front page)
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SECTION A
QUESTION 1
1.1 What is the key difference between a push-and-pull supply chain strategy?
[2 marks]
c) Push strategies rely on accurate demand forecasting, while pull strategies focus on flexible
production capacity.
d) Push strategies minimise inventory levels, while pull strategies prioritise fast delivery times.
e) Push strategies involve centralising decision-making, while pull strategies delegate decision-
making to individual locations.
f) Push strategies require high coordination among supply chain partners, while pull strategies
allow for more partner autonomy.
1.2 Which of the following is a primary advantage of docking in logistics operations?
[2 marks]
a) Reduced lead times
b) Improved delivery accuracy
c) Increased product variety
d) Enhanced order traceability
1.3 Which of the following is a primary disadvantage of using a make-to-order production strategy?
[2 marks]
a) Longer lead times
b) Higher inventory holding costs
c) Reduced production flexibility
d) Lower customer satisfaction levels
1.4 Which supply chain risks are associated with changes in consumer preferences or market trends?
[2 marks]
a) Demand risk
b) Supply risk
c) Operational risk
d) Financial risk
1.5 Which of the following is a primary advantage of using intermodal transportation? [2 marks]
a) Lower transportation costs
b) Faster transit times
c) Higher cargo capacity
d) Improved shipment security
1.6 Which transportation modes are best suited for transporting hazardous materials? [2 marks]
a) Truck
b) Rail
c) Air
d) Water
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1.7 Which of the following statements best describes the role of procurement in a supply chain?
[2 marks]
a) Procurement is primarily responsible for selecting the most cost-effective transportation
modes for shipping goods.
b) Procurement is responsible for managing relationships with suppliers and ensuring timely
delivery of goods and services.
c) Procurement is responsible for managing inventory levels and minimising stockouts.
d) Procurement is responsible for overseeing production processes and ensuring product quality.
1.8 What is the primary disadvantage of using a centralised distribution network in a supply chain?
[2 marks]
a) Higher transportation costs
b) Longer lead times.
c) Reduced order fulfilment accuracy
d) Limited flexibility in response to demand changes
1.9 Which of the following statements best describes logistics?
[2 marks]
a) The process of planning and executing the transportation and storage of goods from the point of
origin to the point of consumption
b) The process of selecting suppliers and managing supplier relationships to ensure the timely and
cost-effective delivery of goods and services.
c) The process of converting raw materials into finished products
d) The process of optimising the use of resources to meet customer demand while minimising costs.
1.10 Which supply chain risks are associated with natural disasters and geopolitical events? [2 marks]
a) Demand risk
b) Supply risk
c) Operational risk
d) Financial risk
1.11 Which of the following statements best describes the role of transportation in a supply chain?
[2 marks]
a) Transporting goods from one location to another is a necessary but relatively minor aspect of
supply chain management.
b) Transportation is a critical component of supply chain management, as it enables goods to be
moved from the point of origin to the point of consumption.
c) Transportation is only necessary for goods that are manufactured overseas or transported over
long distances.
d) Transportation is primarily the responsibility of logistics providers and has little impact on the
overall effectiveness of a supply chain.
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1.12 According to the theory of absolute advantage, which country should specialise in producing a
good? Why?
[2 marks]
a) The country with the lowest opportunity cost should specialise in producing a good because it
can produce the good more efficiently.
b) The country with the highest opportunity cost should specialise in producing a good because it
can produce the good more efficiently.
c) The country with the highest opportunity cost should specialise in producing a good because it
cannot produce the good efficiently.
1.13 Can a country have a comparative advantage in producing all goods? Why or why not? [2 marks]
a) Yes,a country can have a comparative advantage in producing all goods because it can produce
everything more efficiently than other countries.
b) No, a country cannot have a comparative advantage in producing all goods because there are
always trade-offs and opportunity costs.
c} It is impossible to determine if a country can have a comparative advantage in producing all
goods.
1.14 What are the assumptions of the theory of comparative advantage? Do these assumptions hold
in reality?
[2 marks]
a) The assumptions are that there are only two countries and two goods, and that there are no
transportation costs or barriers to trade. These assumptions do not hold in reality.
b) The assumptions are that there are many countries and many goods, and that transportation
costs and barriers to trade are minimal. These assumptions hold in reality.
c) The assumptions are that there are many countries and many goods, and that transportation
costs and barriers to trade are non-existent. These assumptions do not hold in reality.
1.15 How can a country benefit from trade if it does not have an absolute advantage in producing any
goods?
[2 marks]
a) The country can benefit from trade by specialising in the production of a good in which it has a
comparative advantage.
b) The country cannot benefit from trade if it does not have an absolute advantage in producing
any goods.
c) The country can benefit from trade by only importing goods and not exporting anything.
1.16 Doesthe theory of comparative advantage imply that countries should only export goods in which
they have a comparative advantage? Explain.
[2 marks]
a) Yes,the theory of comparative advantage implies that countries should only export goods in
which they have a comparative advantage. This is because they can produce those goods at a
lower opportunity cost than other countries.
b) No, the theory of comparative advantage implies that countries should only import goods in
which they have a comparative advantage.
c) The theory of comparative advantage does not provide any guidance on which goods a country
should export or import.
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1.17 Which of the following is NOT a primary function of a transportation management system (TMS)?
[2 marks]
a) Carrier selection and booking
b) Freight audit and payment
c) Warehouse management
d) Shipment tracking and visibility
1.18 Which transportation
a) Truck
b) Rail
c) Air
d) Water
modes are best suited for transporting high-value, low-volume goods?
[2 marks]
1.19 Which ofthe following is NOT a primary objective of a supply chain?
[2 marks]
a) Minimising inventory levels
b) Maximising customer satisfaction
c) Maximising production efficiency
d) Maximising transportation costs
1.20 What is the term for a competitive advantage that is difficult for competitors to imitate or
replicate?
[2 marks]
a) Sustainable competitive advantage
b) Temporary competitive advantage
c) Competitive disadvantage
d) None of the above
Sub-Total: 40 Marks
SECTION B
QUESTION 2
[20 MARKS]
How does international trade contribute to economic growth and development in developing
countries? Discuss the benefits and challenges of international trade for developing countries like
Namibia?
QUESTION 3
How can procurement management contribute to the overall successof a project?
[20 marks]
QUESTION 4
What are the four main types of production processes, and how can companies choose the most
appropriate production process for their products?
[20 marks]
Sub-Total: 60 Marks
Total: 100 Marks
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