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. Influencing the order - order execution






2. Deregulation: Transportation - Communications - and Financial Institutions






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






4. Delivered Duty Paid






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






6. Time - Dependability - Communications - Convenience






7. 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






8. Distribution Requirement Planning






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






10. Fast - high rate






11. Canada - China - Mexico






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






13. CFE - MSE - MAD - MAPE






14. Warehouse Management System






15. Procurement and Manufacturing - value adding activities






16. Possession Utility






17. Item Fill Rate - Line Fill Rate






18. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






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






20. 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).






21. Producer to Store - servicing the customer






22. Time Utility - Place Utility - Quantity Utility






23. Materials Requirement Planning






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






25. 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






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






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






28. 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


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






30. The management of the movement of materials and information within - into - and out of the firm






31. Form Utility






32. Management of materials in motion and at rest.






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






34. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






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






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






37. The ________ is associated with downstream activities.






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






39. 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






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






41. 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






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






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






44. Relevant - Accurate - Accessible - Timely - Transferable






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






46. Processes for developing and implementing successful relationship






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






48. Sales and Order Processing






49. 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






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