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 Logistics - Military Logistics - Event Logistics - Service Logistics






2. CFE - MSE - MAD - MAPE






3. 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






4. Adding value to products by having them where people want them.






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






6. Organizations require collaboration or cooperation.






7. Fast - high rate






8. 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.






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






10. Time Utility - Place Utility - Quantity Utility






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






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






14. 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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15. 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.






16. Management of materials in motion and at rest.






17. Time - Dependability - Communications - Convenience






18. Free Alongside Ship






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






20. Order Fill Rate - Perfect Order






21. Influences product availability






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






23. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






24. Critical part of global supply chains






25. Form Utility






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






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






28. Partner






29. Return on Assets.






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






31. Enterprise Resource Planning






32. 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.






33. Distribution Requirement Planning






34. Canada - China - Mexico






35. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation






36. Electrical Machinery - Power Generation Equipment






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






38. Cost and Freight






39. Collaborative Planning - Forecasting - and Replenishment






40. Measures cost and performance of activities.






41. Form - Time - Place - Quantity - Possession






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






43. Marketing - Manufacturing/operations - Finance - Accounting






44. The ________ is associated with downstream activities.






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






46. Cost - Insurance - and Freight






47. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






48. Sales and Order Processing






49. Relevant - Accurate - Accessible - Timely - Transferable






50. Materials Requirement Planning