SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Business Logistics Management
Start Test
Study First
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. Warehouse Management System
FAS
WMS
Logistics Activities
Organizational Relationships Issue
2. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Technology Force
Types of 3PLs
Categories of Logistics Quantification Pyramid
CFR
3. Value added by delivering the proper amount of a good.
CRM Customer Relationship Management
ERP
Inventory Deployment Issue
Quantity Utility Definition
4. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Four Subdivisions of Logistics
Ocean
Government Regulations and Policy Force
Inventory Deployment Issue
5. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Major categories of metrics
Internal Metrics
Four Subdivisions of Logistics
4PL
6. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Forecasting
Global Markets Characteristics
Information Issue
Supply Chain Network Issue
7. Delivered Duty Paid
4PL
Transportation Management Issue
Supply Chain Network Issue
DDP
8. Challenge is to evaluate and successfully implement the technology
Globalization Force
Technology Issue
NAFTA
3rd Party Logistics
9. Time - Dependability - Communications - Convenience
Dimensions of customer service
Top US exports to China
CFR
WMS
10. Collaborative Planning - Forecasting - and Replenishment
MRP
Organizational Consolidation Force
CPFR
Quantity Utility Definition
11. Adding value to products by making them available when they're needed.
Time Utility Definition
Inventory Deployment Issue
CFR
Government Regulations and Policy Force
12. Procurement and Manufacturing - value adding activities
Transactional Relationship
Inbound
Logistics Activities
Dimensions of customer service
13. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Supply Chain Network Issue
Order Cycle Time
Cost/Value Issue
3rd Party Logistics
14. Fast - high rate
Air
Customer Service
Supply Chain Relationship
Utility(ies) associated with Production
15. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
CFR
Physical Distribution
Event Logistics
Horizontal Relationships
16. Adding value to products by having them where people want them.
Place Utility Definition
Organizational Relationships Issue
Ocean
Export Trading Companies
17. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Vertical Relationship
FOB
Complexity Issue
ABC Activity-Based Costing
18. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Top US trading partners
Complexity Issue
FOB
Internal Society of Logistics
19. 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
Export Trading Companies
Common Culture
Quantity Utility Definition
Ocean
20. 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.
Forecasting
Forces Driving the Rate of Change
CIF
Military Logistics
21. Form - Time - Place - Quantity - Possession
Types of Forecasts
Supply Chain Relationship
Customer (7 R's of logistics)
Value Added Role of Logistics (5 types of utility)
22. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
NAFTA
Time Utility Definition
Inventory Deployment Issue
Quantity Utility Definition
23. Both parties in a vendor relational are said to be at "arm's" length.
Order Cycle Time
Component Support
The Micro Dimension
Transactional Relationship
24. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.
Forces Driving the Rate of Change
Supply Chain
Technology Force
Customer (7 R's of logistics)
25. Value added to goods through a manufacturing or assembly process.
Ports
Supply Chain Security Issue
ROA
Form Utility Definition
26. Export goods and services to overseas buyers and handles most of the export arrangements.
DDP
Possession Utility
Supply Chain Flows
Export Trading Companies
27. Vendor
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
28. Materials Requirement Planning
MRP
Information Issue
Export Trading Companies
R's of Information
29. 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
Performance Measurement Issue
Time Utility Definition
Possession Utility
Logistics Activities
30. Cost - Insurance - and Freight
Logistics Management
CIF
ROA
Supply Chain Definition
31. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Strategic Relationship
Third Party Logistics Industry
Supply Chain Issues
Globalization Force
32. Free Alongside Ship
3rd Party Logistics
Ports
FAS
Transactional Relationship
33. Time Utility - Place Utility - Quantity Utility
Utility(ies) associated with Logistics
Event Logistics
Freight Forwarder
Quantity Utility Definition
34. Item Fill Rate - Line Fill Rate
Freight Forwarder
Supply Chain Issues
Internal Metrics
Top US exports to China
35. Right: information - partner - quantity - format - time - place - cost
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
36. Order Fill Rate - Perfect Order
External Metrics
Factors Affecting Demand
Four Subdivisions of Logistics
Time Utility Definition
37. Electrical Machinery - Power Generation Equipment.
Top US imports from China
Global Markets Characteristics
Outbound
External Metrics
38. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
R's of Information
Globalization Force
Form Utility Definition
Customer Service
39. Reliability - Responsiveness - Flexibility - Cost - Assets
Vertical Relationship
Categories of Logistics Quantification Pyramid
Factors Affecting Demand
Major categories of metrics
40. 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.
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
41. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Supply Chain Definition
Strategic Relationship
Internal Metrics
Global Markets Characteristics
42. 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
ROA
DRP
Business Logistics
Strategic Role of I.T.
43. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Internal Metrics
R's of Information
CPFR
Integrated Supply Chain
44. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Logistics Management
S&OP
Supply Chain
Steps in implementing CRM
45. Critical part of global supply chains
Balancing Supply/Demand
DRP
Council of Supply Chain Management
Ports
46. Deregulation: Transportation - Communications - and Financial Institutions
Value Added Role of Logistics (5 types of utility)
Logistics Activities
Government Regulations and Policy Force
Freight Forwarder
47. 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.
Strategic Relationship
4PL
Export Management Companies
ROA
48. An external supplier that performs all or part of a company's logistics functions.
3rd Party Logistics
Forces Driving the Rate of Change
Inventory
Place Utility Definition
49. Processes for developing and implementing successful relationship
WMS
CFR
Dimensions of customer service
Supply Chain Relationship
50. Product/Service - Information - Finance
Supply Chain Flows
Outbound
Strategic Relationship
Military Logistics