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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. Organizations require collaboration or cooperation.






2. Strategically positioning customers to improve the profitability of the organization and enhance its relationship with its customer base






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






4. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






6. Time Utility - Place Utility - Quantity Utility






7. Sales and Order Processing






8. CFE - MSE - MAD - MAPE






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






10. 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.






11. Free Alongside Ship






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






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






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






15. Deregulation: Transportation - Communications - and Financial Institutions






16. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences






17. Time - Dependability - Communications - Convenience






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






19. Cost - Insurance - and Freight






20. Collaborative Planning - Forecasting - and Replenishment






21. 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.






22. Free On Board






23. Fast - high rate






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






25. Return on Assets.






26. Right: information - partner - quantity - format - time - place - cost

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27. Possession Utility






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






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






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






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






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






33. 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.






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






35. Product/Service - Information - Finance






36. Critical part of global supply chains






37. Order Fill Rate - Perfect Order






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






39. Warehouse Management System






40. Canada - China - Mexico






41. Customers trade partnership against terrorism






42. Partner






43. Both parties in a vendor relational are said to be at "arm's" length.






44. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico






45. Materials Requirement Planning






46. The ________ is associated with downstream activities.






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






48. Distribution Requirement Planning






49. Processes for developing and implementing successful relationship






50. Influencing the order - order execution







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