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. 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.






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






4. Form Utility






5. Sales and Order Processing






6. Time Utility - Place Utility - Quantity Utility






7. Product/Service - Information - Finance






8. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






10. Cost and Freight






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






12. Relevant - Accurate - Accessible - Timely - Transferable






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






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






15. Canada - China - Mexico






16. Procurement and Manufacturing - value adding activities






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






18. Electrical Machinery - Power Generation Equipment.






19. Vendor

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






21. Return on Assets.






22. Processes for developing and implementing successful relationship






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






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






25. Free On Board






26. Possession Utility






27. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






29. Enlightened - Educated - easy access to Internet






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






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






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






33. Getting the right product - to the right customer - in the right quantity - in the right condition - at the right place - at the right time - and at the right cost.

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34. Time - Dependability - Communications - Convenience






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






36. Warehouse Management System






37. 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.






38. Collaborative Planning - Forecasting - and Replenishment






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






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






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






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






43. 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






44. Time - Quality - Cost - Supporting Metrics






45. Anything that touches the customer






46. Management of materials in motion and at rest.






47. Fast - high rate






48. The most pervasive and important global shipment method. Low rates - wide variety of products






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






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