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. Collaborative Planning - Forecasting - and Replenishment






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






3. Warehouse Management System






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






5. Electrical Machinery - Power Generation Equipment.






6. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






7. Time - Dependability - Communications - Convenience






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






9. 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.






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






11. Form Utility






12. Relevant - Accurate - Accessible - Timely - Transferable






13. Delivered Duty Paid






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






15. Product/Service - Information - Finance






16. Management of materials in motion and at rest.






17. Enlightened - Educated - easy access to Internet






18. Vendor

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19. The most pervasive and important global shipment method. Low rates - wide variety of products






20. Item Fill Rate - Line Fill Rate






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






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






23. Free On Board






24. Plays large part in intermodal shipments.






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






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






27. Business Logistics - Military Logistics - Event Logistics - Service Logistics






28. 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






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






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






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






32. Time - Quality - Cost - Supporting Metrics






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






34. Reliability - Responsiveness - Flexibility - Cost - Assets






35. Cost - Insurance - and Freight






36. 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.






37. Canada - China - Mexico






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






39. Time Utility - Place Utility - Quantity Utility






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






41. Critical part of global supply chains






42. 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






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






44. Measures cost and performance of activities.






45. Distribution Requirement Planning






46. Organizations require collaboration or cooperation.






47. 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






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






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






50. Return on Assets.