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. Materials Requirement Planning
Immutable Laws of Collaborative Logistics
MRP
Place Utility Definition
Logistics Management
2. 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
Immutable Laws of Collaborative Logistics
Export Trading Companies
Export Management Companies
Complexity Issue
3. Product/Service - Information - Finance
Forecasting
Inventory Deployment Issue
3rd Party Logistics
Supply Chain Flows
4. Delivered Duty Paid
Technology Issue
3rd Party Logistics
Strategic Role of I.T.
DDP
5. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Balancing Supply/Demand
Four Subdivisions of Logistics
Horizontal Relationships
Component Support
6. Plays large part in intermodal shipments.
Motor
Internal Metrics
Ports
Customer Service
7. Influences product availability
Order Cycle Time
Ocean
Global Markets Characteristics
Inventory
8. Act as agents for domestic firms in the international arena.
Export Management Companies
Global Markets Characteristics
Types of 3PLs
Quantity Utility Definition
9. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Forces Driving the Rate of Change
Common Culture
FOB
3rd Party Logistics
10. Right product - right time - right quantity - right quality - right cost - right destination
Transportation Management Issue
Council of Supply Chain Management
Ports
Horizontal Relationships
11. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Organizational Consolidation Force
Factors Affecting Demand
ERP
Utility(ies) associated with Production
12. 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.
Utility(ies) associated with Logistics
Four Subdivisions of Logistics
ABC Activity-Based Costing
Council of Supply Chain Management
13. 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
R's of Information
Component Support
Common Culture
Ocean
14. Primarily created through the basic marketing activities related to the promotion of products and services -
Customer (7 R's of logistics)
Possession Utility
Factors Affecting Demand
Supply Chain Issues
15. The process of planning - implementing - and controlling the efficient - effective flow and storage of goods - services - and related information from the point of origin to the point of consumption for the purpose of conforming to customer requ
Collaborative Relationship
Common Culture
Business Logistics
Air
16. Reliability - Responsiveness - Flexibility - Cost - Assets
R's of Information
Logistics Activities
ROA
Major categories of metrics
17. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base
Internal Metrics
Performance Measurement Issue
CFR
CRM Customer Relationship Management
18. 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.
Common Culture
Military Logistics
Supply Chain Relationship
Outbound
19. Fast - high rate
Air
ROA
MRP
Collaborative Relationship
20. Time Utility - Place Utility - Quantity Utility
Possession Utility
Inventory
Utility(ies) associated with Logistics
Collaborative Relationship
21. How firms in this industry create value for their commercial clients
Third Party Logistics Industry
Major categories of metrics
Component Support
Time Utility Definition
22. Deregulation: Transportation - Communications - and Financial Institutions
Categories of Logistics Quantification Pyramid
Dimensions of customer service
Government Regulations and Policy Force
Inventory
23. Procurement and Manufacturing - value adding activities
Supply Chain Definition
Forecasting
Information Requirements
Military Logistics
24. 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
25. Management of Product/Service - Information - and Cash Flows.
Utility(ies) associated with Production
Supply Chain Definition
Strategic Relationship
Organizational Consolidation Force
26. Challenge is to evaluate and successfully implement the technology
Organizational Consolidation Force
Technology Issue
CPFR
Steps in implementing CRM
27. Both parties in a vendor relational are said to be at "arm's" length.
DDP
Transactional Relationship
Integrated Supply Chain
ABC Activity-Based Costing
28. Producer to Store - servicing the customer
Air
Outbound
WMS
Types of Forecasts
29. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Possession Utility
4PL
Utility(ies) associated with Production
Horizontal Relationships
30. The most pervasive and important global shipment method. Low rates - wide variety of products
Utility(ies) associated with Logistics
Ocean
Order Cycle Time
Performance Measurement Issue
31. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Internal Metrics
Component Support
Internal Society of Logistics
Transactional Relationship
32. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Global Markets Characteristics
ERP
Top US exports to China
Ports
33. Adding value to products by making them available when they're needed.
Information Issue
Globalization Force
Time Utility Definition
Third Party Logistics Industry
34. Adding value to products by having them where people want them.
Information Requirements
Top US trading partners
Complexity Issue
Place Utility Definition
35. Measures cost and performance of activities.
Logistics Activities
Utility(ies) associated with Logistics
ABC Activity-Based Costing
Council of Supply Chain Management
36. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Inbound
Vertical Relationship
Arm's Length
Component Support
37. Free On Board
Order Cycle Time
Types of Forecasts
FOB
Inventory Deployment Issue
38. Collaborative Planning - Forecasting - and Replenishment
Major categories of metrics
Inbound
Supply Chain Flows
CPFR
39. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Logistics
Place Utility Definition
Common Culture
Integrated Supply Chain
40. CFE - MSE - MAD - MAPE
Logistics Management
Forecast Errors
Order Cycle Time
Supply Chain Issues
41. Vendor
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
42. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
DDP
Inventory Deployment Issue
Types of 3PLs
Outbound
43. Time - Dependability - Communications - Convenience
Complexity Issue
Dimensions of customer service
Possession Utility
Air
44. Marketing - Manufacturing/operations - Finance - Accounting
The Micro Dimension
FAS
Collaborative Relationship
Top US imports from China
45. 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.
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
46. Export goods and services to overseas buyers and handles most of the export arrangements.
Order Cycle Time
Export Trading Companies
CRM Customer Relationship Management
Customer Service
47. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
C-TPAT
Steps in implementing CRM
Global Markets Characteristics
Complexity Issue
48. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Technology Force
CFR
Forecasting
Top US trading partners
49. Enlightened - Educated - easy access to Internet
Transportation Management Issue
Empowered Customer Force
Service Logistics
Vertical Relationship
50. Organizations require collaboration or cooperation.
DRP
Organizational Relationships Issue
Utility(ies) associated with Production
Cost/Value Issue