Test your basic knowledge |

Business Logistics Management

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. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






2. 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






3. How firms in this industry create value for their commercial clients






4. Anything that touches the customer






5. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation






6. The management of the movement of materials and information within - into - and out of the firm






7. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico






8. The time that elapses from when a buyer places an order until receipt of the order






9. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






10. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






11. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle






12. Partner






13. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities






14. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






15. Cost and Freight






16. Delivered Duty Paid






17. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences






18. Time Utility - Place Utility - Quantity Utility






19. Analyze and evaluate on organizations efficiency over a time period.






20. Export goods and services to overseas buyers and handles most of the export arrangements.






21. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






22. Warehouse Management System






23. Enlightened - Educated - easy access to Internet






24. Influencing the order - order execution






25. Electrical Machinery - Power Generation Equipment






26. Management of materials in motion and at rest.






27. Cost - Insurance - and Freight






28. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])






29. Producer to Store - servicing the customer






30. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.






31. Vendor

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32. The art and science of management - engineering - and technical activities concerned with requirements - design - and supplying and maintaining resources to support objectives - plans - and operations.






33. Plays large part in intermodal shipments.






34. Right: information - partner - quantity - format - time - place - cost

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35. Customers trade partnership against terrorism






36. That part of the supply chain process that plans - implements - and controls the efficient - effective flow and storage of goods - services - and related information from point of origin to point of consumption in order to meet customer requirem






37. 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.






38. Real and recognized benefits to all members - Dynamic creation - measurement - and evolution of collaborative partnerships - Co-buyer and co-seller relationships - Flexibility and security - Collaboration across all stages of business process integ






39. Sales and Order Processing






40. Right product - right time - right quantity - right quality - right cost - right destination






41. CFE - MSE - MAD - MAPE






42. The ________ is associated with downstream activities.






43. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.






44. Business Logistics - Military Logistics - Event Logistics - Service Logistics






45. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.






46. Focuses on the outbound side of of a firm's logistics system.






47. Form Utility






48. ISs lead to the collection and storage of vast amounts of data and help lead to better decision making - but many companies are not taking advantage of it.






49. An external supplier that performs all or part of a company's logistics functions.






50. Processes for developing and implementing successful relationship