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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. Marketing - Manufacturing/operations - Finance - Accounting
ABC Activity-Based Costing
Value Added Role of Logistics (5 types of utility)
FAS
The Micro Dimension
2. Canada - China - Mexico
Supply Chain Network Issue
Top US imports from China
Top US trading partners
Steps in implementing CRM
3. Form Utility
Event Logistics
Ocean
Utility(ies) associated with Production
Supply Chain
4. Both parties in a vendor relational are said to be at "arm's" length.
Complexity Issue
Transactional Relationship
Empowered Customer Force
Supply Chain Issues
5. Delivered Duty Paid
Two Phases of order mgmt.
DDP
Ocean
Top US trading partners
6. Measures cost and performance of activities.
ABC Activity-Based Costing
DRP
Top US imports from China
Possession Utility
7. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.
Inventory
Integrated Supply Chain
Performance Categories
Immutable Laws of Collaborative Logistics
8. 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
Strategic Role of I.T.
Utility(ies) associated with Marketing
Internal Metrics
Global Markets Characteristics
9. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.
Complexity Issue
Transactional Relationship
Globalization Force
Transportation Management Issue
10. Free On Board
Empowered Customer Force
DDP
Export Management Companies
FOB
11. The management of the movement of materials and information within - into - and out of the firm
Logistics Management
Integrated Supply Chain
DDP
CRM Customer Relationship Management
12. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
CPFR
Types of Forecasts
Physical Distribution
Business Logistics
13. Form - Time - Place - Quantity - Possession
Event Logistics
Supply Chain Network Issue
Vertical Relationship
Value Added Role of Logistics (5 types of utility)
14. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
FOB
Factors Affecting Demand
Event Logistics
Freight Forwarder
15. Cost and Freight
CFR
Common Culture
CRM Customer Relationship Management
Technology Issue
16. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Ocean
NAFTA
Categories of Logistics Quantification Pyramid
Internal Society of Logistics
17. An external supplier that performs all or part of a company's logistics functions.
Global Markets Characteristics
Utility(ies) associated with Production
3rd Party Logistics
Event Logistics
18. The ________ is associated with downstream activities.
Ports
Supply Chain
Quantity Utility Definition
Outbound
19. Focuses on the outbound side of of a firm's logistics system.
Forces Driving the Rate of Change
Transportation Management Issue
Physical Distribution
Globalization Force
20. Warehouse Management System
WMS
Order Cycle Time
Top US trading partners
Integrated Supply Chain
21. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Inventory
Ocean
Steps in implementing CRM
Four Subdivisions of Logistics
22. 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.
Military Logistics
Steps in implementing CRM
WMS
Customer Service
23. 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
Business Logistics
Inventory
CRM Customer Relationship Management
C-TPAT
24. Customers trade partnership against terrorism
Types of 3PLs
Utility(ies) associated with Production
Event Logistics
C-TPAT
25. 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.
Ocean
Organizational Relationships Issue
Factors Affecting Demand
Council of Supply Chain Management
26. Value added to goods through a manufacturing or assembly process.
Form Utility Definition
Globalization Force
Place Utility Definition
Collaborative Example
27. Possession Utility
S&OP
Balancing Supply/Demand
Utility(ies) associated with Marketing
Possession Utility
28. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Organizational Consolidation Force
Dimensions of customer service
Component Support
Utility(ies) associated with Logistics
29. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Service Logistics
Ocean
CIF
Order Cycle Time
30. Plays large part in intermodal shipments.
Global Markets Characteristics
Motor
Forecasting
Possession Utility
31. Management of materials in motion and at rest.
Organizational Consolidation Force
Inventory
Empowered Customer Force
Common Culture
32. Organizations require collaboration or cooperation.
Organizational Relationships Issue
Balancing Supply/Demand
4PL
CRM Customer Relationship Management
33. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Internal Society of Logistics
R's of Information
Factors Affecting Demand
FOB
34. Primarily created through the basic marketing activities related to the promotion of products and services -
Business Logistics
Information Issue
Form Utility Definition
Possession Utility
35. Return on Assets.
4PL
ROA
The Micro Dimension
C-TPAT
36. Partner
Event Logistics
Internal Metrics
Empowered Customer Force
Collaborative Example
37. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Logistics
Freight Forwarder
Government Regulations and Policy Force
ERP
38. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Types of 3PLs
Inbound
Forecast Errors
Strategic Role of I.T.
39. Materials Requirement Planning
MRP
Government Regulations and Policy Force
Immutable Laws of Collaborative Logistics
4PL
40. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Export Trading Companies
Cost/Value Issue
Forecasting
CIF
41. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Freight Forwarder
Inventory Deployment Issue
Supply Chain
Time Utility Definition
42. Strategic Alliance
Logistics Activities
Ocean
Strategic Example
WMS
43. 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).
Event Logistics
Strategic Role of I.T.
Inbound
Forecasting
44. 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
CPFR
Logistics Activities
Technology Force
Steps in implementing CRM
45. Value added by delivering the proper amount of a good.
Quantity Utility Definition
Forces Driving the Rate of Change
Internal Society of Logistics
4PL
46. Challenge is to evaluate and successfully implement the technology
Supply Chain Security Issue
Technology Issue
Place Utility Definition
Forces Driving the Rate of Change
47. Export goods and services to overseas buyers and handles most of the export arrangements.
Integrated Supply Chain
Customer Service
Export Trading Companies
FOB
48. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Global Markets Characteristics
Supply Chain Issues
Utility(ies) associated with Production
Quantity Utility Definition
49. Fast - high rate
Top US trading partners
Arm's Length
Transactional Relationship
Air
50. 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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