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Business Logistics Management

Subject : business-skills
  • Answer 50 questions in 15 minutes.
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  • 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. Procurement and Manufacturing - value adding activities

3. 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).

4. Time - Quality - Cost - Supporting Metrics

5. Electrical Machinery - Power Generation Equipment.

6. Materials Requirement Planning

7. Cost and Freight

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

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

10. Free Alongside Ship

11. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.

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

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

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

15. Producer to Store - servicing the customer

16. Return on Assets.

17. 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

18. Assembles and manages the resources - capabilities - and technology of its own organization with those of complementary service providers to deliver a comprehensive supply chain solution.

19. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.

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

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

22. Item Fill Rate - Line Fill Rate

23. CFE - MSE - MAD - MAPE

24. Influences product availability

25. Reliability - Responsiveness - Flexibility - Cost - Assets

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

27. 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

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

29. Cost - Insurance - and Freight

30. Form Utility

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

32. 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.

33. Plays large part in intermodal shipments.

34. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers

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

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

37. Form - Time - Place - Quantity - Possession

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

39. Processes for developing and implementing successful relationship

40. Relevant - Accurate - Accessible - Timely - Transferable

41. Vendor

42. The ________ is associated with downstream activities.

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

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

45. Distribution Requirement Planning

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

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

48. 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.

49. Delivered Duty Paid

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