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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. 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.
Utility(ies) associated with Production
ROA
Technology Force
Military Logistics
2. Business Logistics - Military Logistics - Event Logistics - Service Logistics
3rd Party Logistics
Four Subdivisions of Logistics
Supply Chain
Horizontal Relationships
3. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Complexity Issue
Internal Society of Logistics
Military Logistics
Integrated Supply Chain
4. Focuses on the outbound side of of a firm's logistics system.
Top US trading partners
Physical Distribution
Supply Chain Security Issue
Performance Measurement Issue
5. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Horizontal Relationships
4PL
Arm's Length
Order Cycle Time
6. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Military Logistics
Freight Forwarder
Place Utility Definition
MRP
7. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Supply Chain Issues
Business Logistics
Forecast Errors
Complexity Issue
8. Deregulation: Transportation - Communications - and Financial Institutions
Types of 3PLs
External Metrics
CIF
Government Regulations and Policy Force
9. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Balancing Supply/Demand
Categories of Logistics Quantification Pyramid
Steps in implementing CRM
Place Utility Definition
10. Materials Requirement Planning
Government Regulations and Policy Force
Form Utility Definition
MRP
NAFTA
11. Collaborative Planning - Forecasting - and Replenishment
Possession Utility
CPFR
Common Culture
Physical Distribution
12. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Customer (7 R's of logistics)
Supply Chain Relationship
Utility(ies) associated with Production
Strategic Relationship
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
Information Requirements
Utility(ies) associated with Production
Top US trading partners
Logistics Activities
14. Fast - high rate
Service Logistics
MRP
Air
NAFTA
15. Anything that touches the customer
Empowered Customer Force
Supply Chain Definition
CFR
Customer Service
16. Right product - right time - right quantity - right quality - right cost - right destination
DDP
Transportation Management Issue
Complexity Issue
Collaborative Example
17. Adding value to products by making them available when they're needed.
Form Utility Definition
Major categories of metrics
Integrated Supply Chain
Time Utility Definition
18. Form Utility
MRP
Immutable Laws of Collaborative Logistics
Utility(ies) associated with Production
Strategic Role of I.T.
19. Product/Service - Information - Finance
Supply Chain Flows
Cost/Value Issue
Time Utility Definition
Globalization Force
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.
Council of Supply Chain Management
Strategic Role of I.T.
Complexity Issue
Component Support
21. Primarily created through the basic marketing activities related to the promotion of products and services -
Balancing Supply/Demand
Possession Utility
Utility(ies) associated with Logistics
Horizontal Relationships
22. Relevant - Accurate - Accessible - Timely - Transferable
Types of Forecasts
Information Requirements
Four Subdivisions of Logistics
Event Logistics
23. Time Utility - Place Utility - Quantity Utility
Steps in implementing CRM
Utility(ies) associated with Logistics
Strategic Role of I.T.
The Micro Dimension
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).
CRM Customer Relationship Management
Event Logistics
DDP
DRP
25. Critical part of global supply chains
Four Subdivisions of Logistics
The Micro Dimension
Common Culture
Ports
26. Form - Time - Place - Quantity - Possession
4PL
Value Added Role of Logistics (5 types of utility)
Service Logistics
Information Requirements
27. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Utility(ies) associated with Production
Technology Force
C-TPAT
Cost/Value Issue
28. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Balancing Supply/Demand
ABC Activity-Based Costing
WMS
Factors Affecting Demand
29. Time - Dependability - Communications - Convenience
Customer Service
Dimensions of customer service
Factors Affecting Demand
C-TPAT
30. Export goods and services to overseas buyers and handles most of the export arrangements.
Form Utility Definition
Export Trading Companies
Event Logistics
Immutable Laws of Collaborative Logistics
31. How firms in this industry create value for their commercial clients
Ports
Component Support
Common Culture
Third Party Logistics Industry
32. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
DRP
Types of Forecasts
TMS
Technology Issue
33. Challenge is to evaluate and successfully implement the technology
External Metrics
CPFR
Technology Issue
Order Cycle Time
34. Enlightened - Educated - easy access to Internet
Physical Distribution
C-TPAT
Common Culture
Empowered Customer Force
35. The management of the movement of materials and information within - into - and out of the firm
MRP
Logistics Management
Utility(ies) associated with Production
Logistics Activities
36. Free Alongside Ship
FAS
Time Utility Definition
Motor
Third Party Logistics Industry
37. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Customer (7 R's of logistics)
Logistics Management
Transactional Relationship
Integrated Supply Chain
38. Delivered Duty Paid
Inventory
FAS
Export Trading Companies
DDP
39. Adding value to products by having them where people want them.
MRP
Place Utility Definition
Top US exports to China
Vertical Relationship
40. Influencing the order - order execution
Third Party Logistics Industry
Council of Supply Chain Management
Supply Chain
Two Phases of order mgmt.
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.
Information Issue
Forecasting
Globalization Force
Dimensions of customer service
42. Act as agents for domestic firms in the international arena.
Dimensions of customer service
NAFTA
Strategic Example
Export Management Companies
43. Item Fill Rate - Line Fill Rate
Inventory
Organizational Consolidation Force
Internal Metrics
Technology Issue
44. Procurement and Manufacturing - value adding activities
Third Party Logistics Industry
4PL
Customer Service
Forecasting
45. Electrical Machinery - Power Generation Equipment
Four Subdivisions of Logistics
Inventory Deployment Issue
Top US exports to China
Organizational Consolidation Force
46. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Council of Supply Chain Management
Supply Chain Security Issue
Inventory
Complexity Issue
47. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Order Cycle Time
Utility(ies) associated with Logistics
Global Markets Characteristics
Organizational Relationships Issue
48. Strategic Alliance
CIF
Utility(ies) associated with Production
Strategic Example
Air
49. Time - Quality - Cost - Supporting Metrics
Performance Categories
Inventory Deployment Issue
Motor
Immutable Laws of Collaborative Logistics
50. Transportation Management System
Inbound
4PL
TMS
Transportation Management Issue