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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. Producer to Store - servicing the customer






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






3. Vendor

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4. Plays large part in intermodal shipments.






5. Time - Quality - Cost - Supporting Metrics






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






7. 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






8. Item Fill Rate - Line Fill Rate






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






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






11. Form - Time - Place - Quantity - Possession






12. Procurement and Manufacturing - value adding activities






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






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






15. Processes for developing and implementing successful relationship






16. Business Logistics - Military Logistics - Event Logistics - Service Logistics






17. Marketing - Manufacturing/operations - Finance - Accounting






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






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






20. 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.






21. Collaborative Planning - Forecasting - and Replenishment






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






23. Distribution Requirement Planning






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






25. Influencing the order - order execution






26. 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.






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






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






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






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






31. Management of materials in motion and at rest.






32. Cost - Insurance - and Freight






33. The ________ is associated with downstream activities.






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






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






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






37. Canada - China - Mexico






38. Customers trade partnership against terrorism






39. Relevant - Accurate - Accessible - Timely - Transferable






40. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






41. Partner






42. Possession Utility






43. CFE - MSE - MAD - MAPE






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






45. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






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






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






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






49. Electrical Machinery - Power Generation Equipment






50. The design and integration of all aspects of support for the operational capability of the military forces and their equipment to ensure readiness - reliability and efficiency.







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Can you answer 50 questions in 15 minutes?


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