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






2. Organizations require collaboration or cooperation.






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






4. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






6. Fast - high rate






7. Customers trade partnership against terrorism






8. Distribution Requirement Planning






9. Influences product availability






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






11. Measures cost and performance of activities.






12. 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






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






14. Materials Requirement Planning






15. Right: information - partner - quantity - format - time - place - cost

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






17. 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).






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






19. Time - Quality - Cost - Supporting Metrics






20. 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.






21. Enlightened - Educated - easy access to Internet






22. Sales and Order Processing






23. Processes for developing and implementing successful relationship






24. Partner






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






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






27. Influencing the order - order execution






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






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






30. 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






31. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






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






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






34. Value added to goods through a manufacturing or assembly process.






35. Producer to Store - servicing the customer






36. Strategic Alliance






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






38. Delivered Duty Paid






39. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






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






41. Management of materials in motion and at rest.






42. Relevant - Accurate - Accessible - Timely - Transferable






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






44. Product/Service - Information - Finance






45. Procurement and Manufacturing - value adding activities






46. Electrical Machinery - Power Generation Equipment






47. Canada - China - Mexico






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






49. Free Alongside Ship






50. Transportation Management System