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. Distribution Requirement Planning






2. Form Utility






3. 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.






4. 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






5. Time Utility - Place Utility - Quantity Utility






6. Electrical Machinery - Power Generation Equipment.






7. Materials Requirement Planning






8. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.






9. Cost - Insurance - and Freight






10. Anything that touches the customer






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






12. Relevant - Accurate - Accessible - Timely - Transferable






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






14. 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






15. Strategic Alliance






16. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)






17. Sales and Order Processing






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






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






20. The ________ is associated with downstream activities.






21. Producer to Store - servicing the customer






22. Fast - high rate






23. Customers trade partnership against terrorism






24. 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).






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






26. Possession Utility






27. Delivered Duty Paid






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






29. Critical part of global supply chains






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






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. Order Fill Rate - Perfect Order






33. Canada - China - Mexico






34. Return on Assets.






35. 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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36. 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






37. Item Fill Rate - Line Fill Rate






38. Cost and Freight






39. Form - Time - Place - Quantity - Possession






40. Transportation Management System






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






42. Marketing - Manufacturing/operations - Finance - Accounting






43. 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.






44. Free Alongside Ship






45. Procurement and Manufacturing - value adding activities






46. Time - Dependability - Communications - Convenience






47. Enterprise Resource Planning






48. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






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






50. Procurement and Manufacturing - value adding activities