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. Processes for developing and implementing successful relationship






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






3. Electrical Machinery - Power Generation Equipment






4. Fast - high rate






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






6. Electrical Machinery - Power Generation Equipment.






7. Partner






8. 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






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






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






11. Measures cost and performance of activities.






12. Relevant - Accurate - Accessible - Timely - Transferable






13. Critical part of global supply chains






14. Challenge is to evaluate and successfully implement the technology






15. Transportation Management System






16. Time - Dependability - Communications - Convenience






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






18. Canada - China - Mexico






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






21. Procurement and Manufacturing - value adding activities






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






23. Producer to Store - servicing the customer






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






25. Influences product availability






26. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






28. Organizations require collaboration or cooperation.






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






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






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






32. Business Logistics - Military Logistics - Event Logistics - Service Logistics






33. Cost - Insurance - and Freight






34. 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.






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






36. Form Utility






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






38. Vendor

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39. Sales and Order Processing






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






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






42. 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).






43. CFE - MSE - MAD - MAPE






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






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






46. Return on Assets.






47. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






48. Strategic Alliance






49. Enterprise Resource Planning






50. Item Fill Rate - Line Fill Rate