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






2. Time - Dependability - Communications - Convenience






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






5. Procurement and Manufacturing - value adding activities






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






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






8. Free On Board






9. Form Utility






10. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






11. 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.






12. Procurement and Manufacturing - value adding activities






13. Sales and Order Processing






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






15. Critical part of global supply chains






16. Vendor

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17. 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






18. Enterprise Resource Planning






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






20. Possession Utility






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






22. Electrical Machinery - Power Generation Equipment.






23. Deregulation: Transportation - Communications - and Financial Institutions






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






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






26. Form - Time - Place - Quantity - Possession






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






28. Customers trade partnership against terrorism






29. Time - Quality - Cost - Supporting Metrics






30. Order Fill Rate - Perfect Order






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






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






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






34. Distribution Requirement Planning






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






36. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






37. Reliability - Responsiveness - Flexibility - Cost - Assets






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






39. 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






40. Warehouse Management System






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






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






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






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






45. The ________ is associated with downstream activities.






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






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






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






49. Item Fill Rate - Line Fill Rate






50. Canada - China - Mexico







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Can you answer 50 questions in 15 minutes?


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