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






2. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






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






4. Processes for developing and implementing successful relationship






5. Time Utility - Place Utility - Quantity Utility






6. Strategic Alliance






7. Form - Time - Place - Quantity - Possession






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






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






10. Electrical Machinery - Power Generation Equipment






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






12. Management of materials in motion and at rest.






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






14. Act as agents for domestic firms in the international arena.






15. Enlightened - Educated - easy access to Internet






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






17. Influencing the order - order execution






18. Collaborative Planning - Forecasting - and Replenishment






19. Influences product availability






20. Marketing - Manufacturing/operations - Finance - Accounting






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






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






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






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






25. Producer to Store - servicing the customer






26. Challenge is to evaluate and successfully implement the technology






27. Order Fill Rate - Perfect Order






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






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






30. 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






31. Plays large part in intermodal shipments.






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






33. Anything that touches the customer






34. 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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35. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.






36. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






37. The ________ is associated with downstream activities.






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






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






40. Transportation Management System






41. The most pervasive and important global shipment method. Low rates - wide variety of products






42. Customers trade partnership against terrorism






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






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






45. Warehouse Management System






46. Delivered Duty Paid






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






48. CFE - MSE - MAD - MAPE






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






50. Distribution Requirement Planning