Demand management MCQs in Supply Chain

MCQs on Demand Management in Supply Chain

1. What is the primary objective of demand management in supply chain management?
   • a) To increase production capacity
   • b) To match supply with customer demand
   • c) To reduce marketing expenses
   • d) To improve employee productivity
   • Answer: b) To match supply with customer demand
2. Which of the following is NOT a component of demand management?
   • a) Demand forecasting
   • b) Inventory management
   • c) Supplier selection
   • d) Sales and operations planning (S&OP)
   • Answer: c) Supplier selection
3. What role does demand forecasting play in demand management?
   • a) It sets the marketing budget
   • b) It predicts future customer demand based on historical data and market analysis
   • c) It identifies new supplier sources
   • d) It allocates employee resources
   • Answer: b) It predicts future customer demand based on historical data and market analysis
4. Which of the following techniques is commonly used in demand forecasting?
   • a) SWOT analysis
   • b) PEST analysis
   • c) Time series analysis
   • d) Benchmarking
   • Answer: c) Time series analysis
5. What is the purpose of collaborative planning, forecasting, and replenishment (CPFR) in demand management?
   • a) To reduce production costs
   • b) To enhance collaboration between supply chain partners to improve demand forecasting and inventory management
   • c) To increase the number of suppliers
   • d) To optimize transportation routes
   • Answer: b) To enhance collaboration between supply chain partners to improve demand forecasting and inventory management
6. Which term describes the variability in demand that is amplified as it moves up the supply chain?
   • a) Lead time
   • b) Bullwhip effect
   • c) Seasonality
   • d) Economies of scale
   • Answer: b) Bullwhip effect
7. What is the primary benefit of effective demand management?
   • a) Higher production costs
   • b) Increased stockouts
   • c) Reduced inventory holding costs
   • d) Decreased customer satisfaction
   • Answer: c) Reduced inventory holding costs
8. Which of the following strategies can be used to manage demand variability?
   • a) Increasing inventory levels
   • b) Implementing just-in-time (JIT) inventory
   • c) Using flexible workforce
   • d) All of the above
   • Answer: d) All of the above
9. What does the term “demand shaping” refer to in demand management?
   • a) Adjusting supply to meet demand
   • b) Influencing customer demand through marketing, promotions, and product design
   • c) Forecasting future demand trends
   • d) Managing supplier relationships
   • Answer: b) Influencing customer demand through marketing, promotions, and product design
10. Which factor is typically NOT considered in demand management?
    • a) Historical sales data
    • b) Market trends
    • c) Competitor activities
    • d) Employee satisfaction
    • Answer: d) Employee satisfaction

More MCQS on Management Sciences

1. Green supply chain management MCQs 
2. Sustainable Operations and Supply Chains MCQs in Supply Chain
3. Decision support systems MCQs in Supply Chain
4. Predictive analytics in supply chains MCQs in Supply Chain
5. Data analysis and visualization MCQs in Supply Chain
6. Supply Chain Analytics MCQs in Supply Chain
7. Demand management MCQs in Supply Chain
8. Sales and operations planning (S&OP) MCQs in Supply Chain
9. Forecasting techniques MCQs in Supply Chain
10. Demand Forecasting and Planning MCQs in Supply Chain
11. Contract management MCQs in Supply Chain
12. Strategic sourcing MCQs in Supply Chain
13. Supplier selection and evaluation MCQs in Supply Chain
14. Procurement and Sourcing MCQs in Supply Chain
15. Just-in-time (JIT) inventory MCQs in Supply Chain
16. Economic order quantity (EOQ )MCQs in Supply Chain
17. Inventory control systems MCQs in Supply Chain
18. Inventory Management MCQs in Supply Chain
19. Total quality management (TQM) MCQs in Supply Chain
20. Quality Management MCQs in Supply Chain
21. Material requirements planning (MRP) MCQs in Supply Chain
22. Capacity planning MCQs in Supply Chain
23. Production scheduling MCQs in Supply Chain
24. Production Planning and Control MCQs
25. Distribution networks MCQs in Supply Chain
26. Warehousing and inventory management MCQs in Supply Chain
27. Transportation management MCQs in Supply Chain
28. Logistics Management MCQs in Supply Chain
29. Global supply chain management MCQs in Supply Chain
30. Supply chain strategy and design MCQs in Supply Chain
31. Basics of supply chain management MCQ in Supply Chains
32. Supply Chain Management MCQs
33. Introduction to Operations Management MCQs in Supply Chain
34. Fundamentals of operations management MCQs 
35. Operations & Supply Chain Management MCQs
36. Business Intelligence MCQs
37. distributed computing frameworks MCQs
38. Handling large datasets MCQs
39. Big Data Analytics MCQs
40. neural networks, ensemble methods MCQs
41. Introduction to algorithms like clustering MCQs
42. Machine Learning MCQs
43. time series forecasting MCQs
44. decision trees MCQs
45. Modeling techniques such as linear and logistic regression MCQs
46. Predictive Analytics MCQs
47. Power BI MCQs
48. using tools like Tableau MCQs
49. Techniques for presenting data visually MCQs
50. Data Visualization MCQs
51. Data manipulation, MCQs
52. SQL queries, MCQs
53. Database fundamentals, MCQs
54. Data Management and SQL, MCQs
55. regression analysis, Mcqs
56. inferential statistics, Mcqs
57. descriptive statistics, Mcqs
58. Probability theory, Mcqs
59. Statistics for Business Analytics
60. regression analysis, Mcqs
61. inferential statistics
62. descriptive statistics, Mcqs
63. Probability theory, Mcqs
64. Statistics for Business Analytics
65. Management Sciences MCQs