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. Partner






2. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base






3. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






4. Producer to Store - servicing the customer






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






6. Collaborative Planning - Forecasting - and Replenishment






7. Both parties in a vendor relational are said to be at "arm's" length.






8. Value added to goods through a manufacturing or assembly process.






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






10. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance






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

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12. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers






13. Materials Requirement Planning






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






15. Processes for developing and implementing successful relationship






16. Act as agents for domestic firms in the international arena.






17. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service






18. Time - Quality - Cost - Supporting Metrics






19. The ________ is associated with downstream activities.






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






21. Transportation - Warehousing and storage - Industrial packaging - Materials handling - Inventory control - Order fulfillment - Demand forecasting - Production planning/scheduling - Procurement - Customer service - Facility location - Return goods han






22. Form - Time - Place - Quantity - Possession






23. Sales and Order Processing






24. Marketing - Manufacturing/operations - Finance - Accounting






25. Cost - Insurance - and Freight






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






27. Cost and Freight






28. Relevant - Accurate - Accessible - Timely - Transferable






29. Free On Board






30. Distribution Requirement Planning






31. 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).






32. Enlightened - Educated - easy access to Internet






33. Electrical Machinery - Power Generation Equipment.






34. Adding value to products by making them available when they're needed.






35. The design and integration of all aspects of support for the operational capability of the military forces and their equipment to ensure readiness - reliability and efficiency.






36. CFE - MSE - MAD - MAPE






37. Management of materials in motion and at rest.






38. Challenge is to evaluate and successfully implement the technology






39. Delivered Duty Paid






40. 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






41. Procurement and Manufacturing - value adding activities






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






43. Free Alongside Ship






44. Return on Assets.






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






46. 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






47. Vendor

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






49. 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






50. Procurement and Manufacturing - value adding activities