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. Item Fill Rate - Line Fill Rate






2. 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.






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






4. 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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5. Time - Quality - Cost - Supporting Metrics






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






7. Strategic Alliance






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






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






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






11. Free On Board






12. Relevant - Accurate - Accessible - Timely - Transferable






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






14. Collaborative Planning - Forecasting - and Replenishment






15. Order Fill Rate - Perfect Order






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






17. Electrical Machinery - Power Generation Equipment






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

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






20. Canada - China - Mexico






21. Critical part of global supply chains






22. Business Logistics - Military Logistics - Event Logistics - Service Logistics






23. Adding value to products by making them available when they're needed.






24. Free Alongside Ship






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






26. Management of materials in motion and at rest.






27. Sales and Order Processing






28. 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).






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






30. 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






31. Transportation Management System






32. 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.






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






34. Challenge is to evaluate and successfully implement the technology






35. Procurement and Manufacturing - value adding activities






36. Electrical Machinery - Power Generation Equipment.






37. Both parties in a vendor relational are said to be at "arm's" length.






38. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






39. CFE - MSE - MAD - MAPE






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






41. 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






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






43. Influences product availability






44. Enlightened - Educated - easy access to Internet






45. Possession Utility






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






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






48. Marketing - Manufacturing/operations - Finance - Accounting






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






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