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Test your basic knowledge |
Business Logistics Management
Start Test
Study First
Subject
:
business-skills
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Processes for developing and implementing successful relationship
Quantity Utility Definition
Supply Chain Relationship
Strategic Role of I.T.
Business Logistics
2. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Physical Distribution
Logistics Activities
Globalization Force
Supply Chain Security Issue
3. Electrical Machinery - Power Generation Equipment
WMS
Forecasting
Top US exports to China
Supply Chain Relationship
4. Fast - high rate
TMS
Council of Supply Chain Management
Air
Outbound
5. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Logistics
The Micro Dimension
FOB
Strategic Relationship
6. Electrical Machinery - Power Generation Equipment.
ABC Activity-Based Costing
Integrated Supply Chain
3rd Party Logistics
Top US imports from China
7. Partner
Information Requirements
ABC Activity-Based Costing
Utility(ies) associated with Logistics
Collaborative Example
8. The process of planning - implementing - and controlling the efficient - effective flow and storage of goods - services - and related information from the point of origin to the point of consumption for the purpose of conforming to customer requ
Ports
Business Logistics
Logistics Management
Major categories of metrics
9. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Balancing Supply/Demand
Physical Distribution
Internal Metrics
Supply Chain Relationship
10. Right product - right time - right quantity - right quality - right cost - right destination
Export Trading Companies
Transportation Management Issue
Performance Categories
Immutable Laws of Collaborative Logistics
11. Measures cost and performance of activities.
ABC Activity-Based Costing
Export Trading Companies
Motor
Top US imports from China
12. Relevant - Accurate - Accessible - Timely - Transferable
C-TPAT
FOB
Information Requirements
Complexity Issue
13. Critical part of global supply chains
Ports
Utility(ies) associated with Production
Two Phases of order mgmt.
R's of Information
14. Challenge is to evaluate and successfully implement the technology
Cost/Value Issue
Balancing Supply/Demand
Horizontal Relationships
Technology Issue
15. Transportation Management System
Supply Chain Flows
Supply Chain Relationship
TMS
Logistics
16. Time - Dependability - Communications - Convenience
Outbound
Integrated Supply Chain
Order Cycle Time
Dimensions of customer service
17. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
NAFTA
Order Cycle Time
Collaborative Relationship
Service Logistics
18. Canada - China - Mexico
Top US trading partners
Internal Society of Logistics
CIF
DRP
19. Getting the right product - to the right customer - in the right quantity - in the right condition - at the right place - at the right time - and at the right cost.
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20. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Service Logistics
Balancing Supply/Demand
Cost/Value Issue
Top US imports from China
21. Procurement and Manufacturing - value adding activities
Arm's Length
Supply Chain Issues
Logistics
Forecasting
22. Export goods and services to overseas buyers and handles most of the export arrangements.
NAFTA
Value Added Role of Logistics (5 types of utility)
Export Trading Companies
Outbound
23. Producer to Store - servicing the customer
Military Logistics
Outbound
Supply Chain Relationship
Ocean
24. Both parties in a vendor relational are said to be at "arm's" length.
Logistics Management
Steps in implementing CRM
Transactional Relationship
Utility(ies) associated with Logistics
25. Influences product availability
Vertical Relationship
Internal Society of Logistics
Order Cycle Time
Top US imports from China
26. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
Order Cycle Time
Complexity Issue
Collaborative Relationship
27. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Order Cycle Time
Global Markets Characteristics
Top US trading partners
Horizontal Relationships
28. Organizations require collaboration or cooperation.
Common Culture
Organizational Relationships Issue
Utility(ies) associated with Production
Top US exports to China
29. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Forecasting
Transportation Management Issue
Top US imports from China
Component Support
30. Value added by delivering the proper amount of a good.
Council of Supply Chain Management
Quantity Utility Definition
Technology Force
Globalization Force
31. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Freight Forwarder
Integrated Supply Chain
Order Cycle Time
Physical Distribution
32. Business Logistics - Military Logistics - Event Logistics - Service Logistics
MRP
Place Utility Definition
Four Subdivisions of Logistics
Utility(ies) associated with Logistics
33. Cost - Insurance - and Freight
CIF
NAFTA
CFR
Forecast Errors
34. Assembles and manages the resources - capabilities - and technology of its own organization with those of complementary service providers to deliver a comprehensive supply chain solution.
Form Utility Definition
Export Trading Companies
4PL
Forces Driving the Rate of Change
35. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Possession Utility
Inventory Deployment Issue
Major categories of metrics
Organizational Consolidation Force
36. Form Utility
Utility(ies) associated with Production
Forecast Errors
Information Issue
Technology Force
37. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Performance Categories
Strategic Example
Vertical Relationship
ABC Activity-Based Costing
38. Vendor
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39. Sales and Order Processing
Performance Categories
Balancing Supply/Demand
S&OP
Internal Society of Logistics
40. Management of Product/Service - Information - and Cash Flows.
Performance Measurement Issue
Ocean
Supply Chain Definition
4PL
41. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Value Added Role of Logistics (5 types of utility)
Inventory
Service Logistics
Global Markets Characteristics
42. Network of activities - facilities and personnel required to organize - schedule and deploy the resources for an even to take place and to effectively withdraw after the even (ex: Superbowl).
Event Logistics
Supply Chain
Logistics Management
Service Logistics
43. CFE - MSE - MAD - MAPE
Forecast Errors
Strategic Example
Cost/Value Issue
Forecasting
44. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Forecast Errors
Supply Chain Issues
Customer Service
Vertical Relationship
45. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Internal Society of Logistics
Business Logistics
Utility(ies) associated with Production
Inbound
46. Return on Assets.
Strategic Role of I.T.
Common Culture
ROA
Types of Forecasts
47. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Collaborative Relationship
Vertical Relationship
Motor
Logistics Management
48. Strategic Alliance
Strategic Example
Possession Utility
Two Phases of order mgmt.
Cost/Value Issue
49. Enterprise Resource Planning
Air
Types of Forecasts
ERP
Strategic Role of I.T.
50. Item Fill Rate - Line Fill Rate
Place Utility Definition
Collaborative Example
WMS
Internal Metrics