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. 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.






2. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






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






5. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.






6. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






7. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security






8. Deregulation: Transportation - Communications - and Financial Institutions






9. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






10. Materials Requirement Planning






11. Collaborative Planning - Forecasting - and Replenishment






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






13. 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






14. Fast - high rate






15. Anything that touches the customer






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






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






18. Form Utility






19. Product/Service - Information - Finance






20. 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.






21. Primarily created through the basic marketing activities related to the promotion of products and services -






22. Relevant - Accurate - Accessible - Timely - Transferable






23. Time Utility - Place Utility - Quantity Utility






24. 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).






25. Critical part of global supply chains






26. Form - Time - Place - Quantity - Possession






27. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






29. Time - Dependability - Communications - Convenience






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






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






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






33. Challenge is to evaluate and successfully implement the technology






34. Enlightened - Educated - easy access to Internet






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






36. Free Alongside Ship






37. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.






38. Delivered Duty Paid






39. Adding value to products by having them where people want them.






40. Influencing the order - order execution






41. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






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






43. Item Fill Rate - Line Fill Rate






44. Procurement and Manufacturing - value adding activities






45. Electrical Machinery - Power Generation Equipment






46. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






47. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.






48. Strategic Alliance






49. Time - Quality - Cost - Supporting Metrics






50. Transportation Management System