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 ________ is associated with downstream activities.






2. Item Fill Rate - Line Fill Rate






3. 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






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






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






6. Order Fill Rate - Perfect Order






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






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






9. 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






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






11. Organizations require collaboration or cooperation.






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






13. Warehouse Management System






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






15. Form Utility






16. Fast - high rate






17. Deregulation: Transportation - Communications - and Financial Institutions






18. Enterprise Resource Planning






19. Challenge is to evaluate and successfully implement the technology






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






21. Time Utility - Place Utility - Quantity Utility






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






23. Business Logistics - Military Logistics - Event Logistics - Service Logistics






24. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






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






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






27. Electrical Machinery - Power Generation Equipment






28. Customers trade partnership against terrorism






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






30. Management of materials in motion and at rest.






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






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






33. 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






34. Relevant - Accurate - Accessible - Timely - Transferable






35. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






37. Time - Quality - Cost - Supporting Metrics






38. Management of Product/Service - Information - and Cash Flows.






39. 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.






40. Sales and Order Processing






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






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






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






44. Influences product availability






45. Transportation Management System






46. Value added by delivering the proper amount of a good.






47. Measures cost and performance of activities.






48. Electrical Machinery - Power Generation Equipment.






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






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