Examination Paper: Logistics Management
IIBM Institute of Business Management 6
IIBM Institute of Business Management
Examination Paper MM.100
Business Logistics
Section A: Objective Type
Part One:
Multiple Choices:
1. This decision involves mode of selection, shipment size, routing & scheduling:
a. Inventory decision
b. Transport decision
c. Distribution decision
d. Facility location decision
2. This refers to the activities of gathering the information needed about the products & services
desired & formally requesting the products to be purchased:
a. Order preparation
b. Order transmittal
c. Observation
d. Order entry
3. A very valuable function for the TMS is to suggest the patterns for consolidating small shipments
into larger ones.
a. Mode selection
b. Routing
c. Scheduling
d. Freight Consolidation
………………….
3. Differentiate between Lumpy and Regular Demand.
4. Write a short note on ‘Order Transmittal’.
END OF SECTION A
Examination Paper: Logistics Management
IIBM Institute of Business Management 8
Section B:
Caselet 1
World is a worldwide refiners and distributor of fuel products for a automobiles, aircrafts, trucks, and
marine operations, services stations, and bulk facilities as outlets. Keeping more than 1,000 such outlets
supplied is a significant operating problem for the company. Maintaining adequate fuel levels at the auto
service stations is its major concern, because fuel generates the most revenue for the firm and has the
greatest demand for customer service. Being able to forecast usage rates by product at these service
stations is one of the key elements of goods distribution operations. In particular, the tanker truck
dispatchers need an accurate forecast of fuel usage in order to schedule fuel deliveries at service stations
to avoid stock outs.
SERVICE STATION OPERATION
Service stations may carry three or four different grades of fuel including 87, 89, and 92 octane gasoline
………………..
does depend on the day of the week,
forecasting for a particular day of the week may be quite different from any other day of the week.
Questions:
1. Develop a forecasting procedure for this service station. Why did you select this method?
2. How should promotions, holidays, or other such periods where fuel usage rates deviate from
normal patterns be handled in the forecast?
Examination Paper: Logistics Management
IIBM Institute of Business Management 9
Caselet 2
As director of purchasing for Industrial Distributors, Walter Negley had to plan the purchasing quantities
for the higher-valued products that Industrial Distribution inventoried and resold to its industrial
customers on a short order cycle. One such product was a replacement motor used in conveyors.
Replacement sales were received from customers located in North America and was approximately
constant throughout the year. These motors were manufactured in West Germany and imported through
the Port of Baltimore. They were transported by truck to industrial’s privately owned warehouse in the
Chicago area. Although the West German manufacturer had a price policy that included transportation to
…………………
Walter found it practical to contract for either full truckload shipments at $12 per cwt. (100 lb) for
truckload (TL) quantities of 40, 000 lb or more or less-than-truckload (LTL) quantities at $18 per cwt.
Questions:
1. What replenishment order size, to the nearest 50 units, should Walter place, given the manufacturer’s
noninclusive pricing policy?
2. Should Walter change his replenishment order size if the manufacture’s pricing policy were one
where the price in each quantities break includes all units purchased?
END OF SECTION B
Examination Paper: Logistics Management
IIBM Institute of Business Management 10
Section C:
•?Detailed information should from the part of your answer (Word limit 200 to 250 words).
1. What is a heuristic Method? How are they useful in solving warehouse location problem?
2. What is a “Virtual Inventory”? What is the planning problem associated with such inventories?
3. Decision makers such as truck dispatchers, can go a long way toward developing good truck routes &
schedule by applying guideline principles. What are those principles for good Routing &
Scheduling?
S-2-210311
END OF SECTION C
IIBM Institute of Business Management 6
IIBM Institute of Business Management
Examination Paper MM.100
Business Logistics
Section A: Objective Type
Part One:
Multiple Choices:
1. This decision involves mode of selection, shipment size, routing & scheduling:
a. Inventory decision
b. Transport decision
c. Distribution decision
d. Facility location decision
2. This refers to the activities of gathering the information needed about the products & services
desired & formally requesting the products to be purchased:
a. Order preparation
b. Order transmittal
c. Observation
d. Order entry
3. A very valuable function for the TMS is to suggest the patterns for consolidating small shipments
into larger ones.
a. Mode selection
b. Routing
c. Scheduling
d. Freight Consolidation
………………….
3. Differentiate between Lumpy and Regular Demand.
4. Write a short note on ‘Order Transmittal’.
END OF SECTION A
Examination Paper: Logistics Management
IIBM Institute of Business Management 8
Section B:
Caselet 1
World is a worldwide refiners and distributor of fuel products for a automobiles, aircrafts, trucks, and
marine operations, services stations, and bulk facilities as outlets. Keeping more than 1,000 such outlets
supplied is a significant operating problem for the company. Maintaining adequate fuel levels at the auto
service stations is its major concern, because fuel generates the most revenue for the firm and has the
greatest demand for customer service. Being able to forecast usage rates by product at these service
stations is one of the key elements of goods distribution operations. In particular, the tanker truck
dispatchers need an accurate forecast of fuel usage in order to schedule fuel deliveries at service stations
to avoid stock outs.
SERVICE STATION OPERATION
Service stations may carry three or four different grades of fuel including 87, 89, and 92 octane gasoline
………………..
does depend on the day of the week,
forecasting for a particular day of the week may be quite different from any other day of the week.
Questions:
1. Develop a forecasting procedure for this service station. Why did you select this method?
2. How should promotions, holidays, or other such periods where fuel usage rates deviate from
normal patterns be handled in the forecast?
Examination Paper: Logistics Management
IIBM Institute of Business Management 9
Caselet 2
As director of purchasing for Industrial Distributors, Walter Negley had to plan the purchasing quantities
for the higher-valued products that Industrial Distribution inventoried and resold to its industrial
customers on a short order cycle. One such product was a replacement motor used in conveyors.
Replacement sales were received from customers located in North America and was approximately
constant throughout the year. These motors were manufactured in West Germany and imported through
the Port of Baltimore. They were transported by truck to industrial’s privately owned warehouse in the
Chicago area. Although the West German manufacturer had a price policy that included transportation to
…………………
Walter found it practical to contract for either full truckload shipments at $12 per cwt. (100 lb) for
truckload (TL) quantities of 40, 000 lb or more or less-than-truckload (LTL) quantities at $18 per cwt.
Questions:
1. What replenishment order size, to the nearest 50 units, should Walter place, given the manufacturer’s
noninclusive pricing policy?
2. Should Walter change his replenishment order size if the manufacture’s pricing policy were one
where the price in each quantities break includes all units purchased?
END OF SECTION B
Examination Paper: Logistics Management
IIBM Institute of Business Management 10
Section C:
•?Detailed information should from the part of your answer (Word limit 200 to 250 words).
1. What is a heuristic Method? How are they useful in solving warehouse location problem?
2. What is a “Virtual Inventory”? What is the planning problem associated with such inventories?
3. Decision makers such as truck dispatchers, can go a long way toward developing good truck routes &
schedule by applying guideline principles. What are those principles for good Routing &
Scheduling?
S-2-210311
END OF SECTION C
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