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Pscm 333: Logistics And Transport Question Paper

Pscm 333: Logistics And Transport

Course:Accounting,Finance And Investiments

Institution: Kenya Methodist University question papers

Exam Year:2013

KENYA METHODIST UNIVERSITY
END OF 1''ST ''TRIMESTER 2013 (DAY) EXAMINATIONS
SCHOOL : BUSINESS AND ECONOMICS
DEPARTMENT : ACCOUNTING FINANCE AND INVESTMENTS
UNIT CODE : PSCM 333
UNIT TITLE : LOGISTICS AND TRANSPORT

TIME: 2 HOURS
Instructions:
Question one is compulsory and answer any other two questions.
Question One
The whiplash effect is an observed phenomenon in forecast driven distribution channels.
(10mks)
What is the whiplash effect and how does it relate to lack of coordination in a supply chain.
(10mks)
How does human behavior amplify the whiplash effect?
(10mks)
Question Two
Discuss the importance of transportation in logistics.
(10ks)
Discuss the characteristics of international transportation.
(10mks)
Question Three
Define inventory central and discuss three lands of inventory that are of concern to managers. (20mks)
Question Four
Define the following terms:
Just in Time. (JIT)
Material requirement planning. (MRP)
Manufacturing resources planning. (MRP)
Distribution Resources Planning. (DRP)
(20mks)
Question Five
The new supply chain paradigm suggests a shift firm a "push system" to a "push-pull system" Explain the different systems in details. (20mks)

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