 |
OLM611C- OPERATIONAL LOGISTICS MANAGEMENT- 2ND OPP- JUNE 2023 |
|
|
1 Page 1 |
▲back to top |
nAmlBIA
UnlVERS ITY
OF SCIEnCE
TECHnOLOGY
HP-65B·
HAROLDPUPKEWITZ
GraduateSchoolof Business
FACULTY OF COMMERCE, HUMAN SCIENCES AND EDUCATION
HAROLD PUPKEWITZ GRADUATE SCHOOL OF BUSINESS
QUALIFICATION: DIPLOMA IN BUSINESSPROCESSMANAGEMENT
QUALIFICATION CODE: 06DBPM
LEVEL: 6
COURSE CODE: OLM611C
COURSE NAME: OPERATIONALLOGSITICS
MANAGEMENT
SESSION: JULY2023
DURATION: 3 HOURS
PAPER: PAPER1
MARKS: 100
EXAMINER(S)
MODERATOR:
SECOND OPPORTUNITY EXAMINATION MEMORANDUM
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 QUESTION PAPER CONSISTS OF 5 PAGES {Including this front page)
llPage
|
|
2 Page 2 |
▲back to top |
SECTION A
QUESTION 1
1.1 Which of the following is an example of a pull-based supply chain?
a) A grocery store that restocks its shelves based on customer demand
b) A factory that produces goods in large batches based on a forecasted demand
c) A retailer that replenishes inventory based on a fixed reorder quantity
d) A distributor that holds large inventories of products to ensure availability
1.2 Which of the following is NOT a characteristic of a lean supply chain?
a) High levels of inventory
b) Minimised waste and excess
c) Just-in-time delivery
d) Continuous improvement
1.3 What is the purpose of a service level agreement {SLA)in logistics?
a) To ensure compliance with legal regulations
b) To specify the quality of service that will be provided to customers
c) To define the roles and responsibilities of logistics service providers
d) To establish pricing and payment terms for logistics services
1.4 What is the purpose of a warehouse management system (WMS)?
a) To manage transportation routes and schedules
b) To track inventory levels and locations in a warehouse
c) To optimise warehouse layouts and storage capacity
d) To manage the hiring and training of warehouse personnel
1.5 What is the purpose of a freight forwarder in logistics?
a) To manage warehouse operations
b) To provide transportation services to customers
c) To facilitate customs clearance and documentation for international shipments
d) To manage inventory levels for customers
1.6 Which of the following is a characteristic of a push-based supply chain?
a) High levels of flexibility
b) Emphasis on cost reduction
c) High levels of inventory
d) Rapid response to customer demand changes
(2 marks]
(2 marks]
(2 marks]
(2 marks]
(2 marks]
(2 marks]
21Page
|
|
3 Page 3 |
▲back to top |
1.7 Which of the following is a characteristic of a responsive supply chain?
a) High levels of inventory
b) Low levels of flexibility
c) Emphasison cost reduction
d) Rapid response to customer demand changes
1.8 Which of the following is NOT a major factor affecting the production schedule?
a) Equipment availability
b) Labour availability
c) Material availability
d) Customer demand
e) Product design
[2 marks]
[2 marks]
1.9 Which of the following is an example of a primary activity in the value chain for a software
company?
[2 marks]
a) Inbound logistics
b) Marketing and sales
c) Procurement
d) Human resource management
1.10 Which of the following activities is part of the support activities in the value chain? [2 marks]
a) Marketing and sales
b) Procurement
c) Operations
d) Outbound logistics
1.11 Which of the following is a potential drawback of manual material handling?
a) Reduced employee safety
b) Increased efficiency
c) Lowered inventory accuracy
d) Increase employee's accuracy
[2 marks]
1.12 What is the difference between absolute advantage and comparative advantage? [2 marks]
a) Absolute advantage refers to the ability of a country to produce a good more efficiently than
another country, while comparative advantage refers to the ability to produce a good at a lower
opportunity cost.
b) Absolute advantage refers to the ability of a country to produce a good at a lower opportunity cost
than another country, while comparative advantage refers to the ability to produce a good more
efficiently.
c) Absolute advantage and comparative advantage are the same thing.
3IPage
|
|
4 Page 4 |
▲back to top |
d) Absolute advantage refers to the ability of a country to produce a good using the most advanced
technology available, while comparative advantage refers to the ability to produce a good using the
least amount of resources.
1.13 What is the purpose of a trade barrier?
a) To promote free trade among countries
b) To protect domestic industries from foreign competition
c) To lower the prices of imported goods
d) To increase competition among countries
(2 marks]
1.14 Which of the following is a necessary condition for a country to have an absolute advantage in
producing a good?
(2 marks]
a) The country has a lower opportunity cost of producing the good than other countries.
b) The country has access to abundant natural resources necessary for producing the good.
c) The country has a highly skilled workforce specialised in producing the good.
d) The country has a large domestic market for the good.
1.15 Which of the following is an implication of a country having a comparative advantage in
producing a good?
(2 marks]
a) The country should specialise completely in producing that good and stop producing all other
goods.
b) The country should produce only enough of that good to meet its domestic needs and stop
exporting it.
c) The country should specialise partially in producing that good and trade with other countries for
goods it does not produce efficiently.
d) The country should impose tariffs and quotas on imports of that good to protect its domestic
industries.
1.16 Which of the following is NOT a benefit of implementing a warehouse management system
(WMS)?
(2 marks]
a) Improved inventory accuracy
b) Increased productivity
c) Decreased order fulfilment accuracy
d) Improved customer satisfaction
1.17 Which of the following is a limitation of the theory of absolute advantage?
(2 marks]
a) It assumes that there are no barriers to trade between countries.
b) It assumes that labour and capital are perfectly mobile between industries.
c) It assumes that countries produce only two goods.
d) It does not account for differences in the quality of goods produced by different countries.
41Page
|
|
5 Page 5 |
▲back to top |
1.18 Which of the following is a necessary condition for a country to have a comparative advantage
in producing a good?
[2 marks]
a) The country has a lower opportunity cost of producing the good than other countries.
b) The country has access to abundant natural resources necessary for producing the good.
c) The country has a highly skilled workforce specialised in producing the good.
d} The country has a large domestic market for the good.
1.19 Which of the following is a limitation of the theory of comparative advantage?
[2 marks]
a) It assumes that there are no barriers to trade between countries.
b) It assumes that labour and capital are perfectly mobile between industries.
c) It assumes that countries produce only two goods.
d} It does not account for differences in the quality of goods produced by different countries.
1.20 What is the primary advantage of just-in-time (JIT) inventory management?
[2 marks]
a) Reducing the risk of stockouts
b) Minimising inventory holding costs
c) Maximising production efficiency
d} Improving customer service levels
Sub-Total: 40 Marks
SECTION B
QEUSTION 2
How does packaging affect the environmental sustainability of the transportation and logistics
industry, and what steps can companies take to minimise their environmental impact? [20 MARKS]
QUESTION 3
How can supply chain transparency improve sustainable procurement in the transportation and
logistics industry, and what are the challenges associated with achieving supply chain transparency?
[20 MARKS]
QUESTION 4
What are some of the key factors that businesses need to consider when selecting a transportation
mode for their products? How can they balance factors such as cost, speed, and environmental impact
to make the best decision for their specific needs?
[20 MARKS]
Sub-Total: 60 Marks
Total: 100 Marks
SI Page