SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Factors Affecting Demand
Customer Service
Information Issue
Event Logistics
2. Processes for developing and implementing successful relationship
Vertical Relationship
C-TPAT
Supply Chain Relationship
Form Utility Definition
3. Enterprise Resource Planning
Organizational Relationships Issue
Outbound
ERP
Order Cycle Time
4. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Quantity Utility Definition
Supply Chain Network Issue
Forecasting
Strategic Relationship
5. Right: information - partner - quantity - format - time - place - cost
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
6. Free On Board
Forces Driving the Rate of Change
FOB
Performance Categories
Inbound
7. 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
Supply Chain
Immutable Laws of Collaborative Logistics
Top US trading partners
Air
8. Possession Utility
Common Culture
Forces Driving the Rate of Change
Strategic Example
Utility(ies) associated with Marketing
9. Canada - China - Mexico
Top US trading partners
Outbound
Utility(ies) associated with Production
Supply Chain Definition
10. Return on Assets.
ROA
MRP
Arm's Length
Four Subdivisions of Logistics
11. Free Alongside Ship
R's of Information
Two Phases of order mgmt.
Quantity Utility Definition
FAS
12. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
The Micro Dimension
Balancing Supply/Demand
Globalization Force
S&OP
13. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Performance Categories
Top US imports from China
ROA
Freight Forwarder
14. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Supply Chain
Third Party Logistics Industry
Strategic Relationship
Complexity Issue
15. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
FOB
Outbound
ABC Activity-Based Costing
Supply Chain Issues
16. 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
Common Culture
Supply Chain Relationship
TMS
Third Party Logistics Industry
17. Value added to goods through a manufacturing or assembly process.
Performance Categories
MRP
CIF
Form Utility Definition
18. Cost - Insurance - and Freight
Performance Measurement Issue
Customer Service
Value Added Role of Logistics (5 types of utility)
CIF
19. Influences product availability
Order Cycle Time
Performance Categories
Technology Issue
Internal Society of Logistics
20. Procurement and Manufacturing - value adding activities
Council of Supply Chain Management
Logistics Management
Balancing Supply/Demand
Forecasting
21. Electrical Machinery - Power Generation Equipment
Top US exports to China
Performance Categories
Globalization Force
Strategic Role of I.T.
22. Marketing - Manufacturing/operations - Finance - Accounting
Council of Supply Chain Management
The Micro Dimension
Outbound
Strategic Relationship
23. Value added by delivering the proper amount of a good.
Information Issue
Inventory
Quantity Utility Definition
Utility(ies) associated with Production
24. Collaborative Planning - Forecasting - and Replenishment
CPFR
Forecast Errors
Physical Distribution
Business Logistics
25. 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.
Council of Supply Chain Management
Logistics
DRP
Technology Issue
26. Cost and Freight
Empowered Customer Force
CIF
CFR
3rd Party Logistics
27. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Steps in implementing CRM
DRP
Strategic Example
Logistics
28. Primarily created through the basic marketing activities related to the promotion of products and services -
Possession Utility
Balancing Supply/Demand
Utility(ies) associated with Logistics
Air
29. Transportation Management System
Balancing Supply/Demand
TMS
Horizontal Relationships
Transportation Management Issue
30. 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.
Component Support
Information Issue
Types of Forecasts
Transportation Management Issue
31. Measures cost and performance of activities.
ROA
ABC Activity-Based Costing
Motor
TMS
32. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.
Customer (7 R's of logistics)
DDP
Collaborative Relationship
Logistics Activities
33. Form Utility
Global Markets Characteristics
Ocean
Utility(ies) associated with Production
Logistics Activities
34. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
TMS
Integrated Supply Chain
Forces Driving the Rate of Change
Logistics Management
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.
Immutable Laws of Collaborative Logistics
Outbound
Physical Distribution
Military Logistics
36. An external supplier that performs all or part of a company's logistics functions.
Information Requirements
ROA
CIF
3rd Party Logistics
37. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Logistics Activities
Organizational Consolidation Force
Types of 3PLs
Logistics
38. Electrical Machinery - Power Generation Equipment.
Top US imports from China
Logistics
Information Issue
R's of Information
39. Current 1. WMS 2. Web-enabled communication 3. Visibility tools 4. TMS - Future 1. RFID 2. Collaboration tools 3. Supply chain planning and visibility tools
Empowered Customer Force
Strategic Role of I.T.
Strategic Relationship
Integrated Supply Chain
40. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Internal Society of Logistics
Information Issue
Utility(ies) associated with Logistics
Horizontal Relationships
41. Plays large part in intermodal shipments.
DRP
Air
Inventory
Motor
42. Order Fill Rate - Perfect Order
FAS
Inventory Deployment Issue
Performance Measurement Issue
External Metrics
43. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Top US imports from China
Technology Force
S&OP
Motor
44. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
3rd Party Logistics
Time Utility Definition
Component Support
Utility(ies) associated with Logistics
45. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Service Logistics
Freight Forwarder
Component Support
Top US imports from China
46. Strategic Alliance
Strategic Example
Export Management Companies
Performance Categories
Customer (7 R's of logistics)
47. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Inventory Deployment Issue
NAFTA
Export Management Companies
Supply Chain Security Issue
48. Sales and Order Processing
Ocean
Collaborative Example
Physical Distribution
S&OP
49. Enlightened - Educated - easy access to Internet
Internal Society of Logistics
Empowered Customer Force
Business Logistics
Order Cycle Time
50. Management of Product/Service - Information - and Cash Flows.
Order Cycle Time
Strategic Relationship
MRP
Supply Chain Definition