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. 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.






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






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






4. Form Utility






5. The ________ is associated with downstream activities.






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






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






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






9. Plays large part in intermodal shipments.






10. Possession Utility






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






12. 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






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






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






15. 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.






16. Procurement and Manufacturing - value adding activities






17. Time - Dependability - Communications - Convenience






18. Producer to Store - servicing the customer






19. Influencing the order - order execution






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






21. Canada - China - Mexico






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






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






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






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






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






27. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance






28. Anything that touches the customer






29. Materials Requirement Planning






30. Cost - Insurance - and Freight






31. 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






32. Enlightened - Educated - easy access to Internet






33. Return on Assets.






34. Cost and Freight






35. Free Alongside Ship






36. Relevant - Accurate - Accessible - Timely - Transferable






37. Electrical Machinery - Power Generation Equipment






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






39. Measures cost and performance of activities.






40. Critical part of global supply chains






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






42. Delivered Duty Paid






43. 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.






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






45. Partner






46. Sales and Order Processing






47. Item Fill Rate - Line Fill Rate






48. Form - Time - Place - Quantity - Possession






49. Marketing - Manufacturing/operations - Finance - Accounting






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