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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. 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).






2. Influencing the order - order execution






3. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers






4. Item Fill Rate - Line Fill Rate






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






6. Relevant - Accurate - Accessible - Timely - Transferable






7. Deregulation: Transportation - Communications - and Financial Institutions






8. Processes for developing and implementing successful relationship






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






10. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle






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






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






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






14. Procurement and Manufacturing - value adding activities






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






16. 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.






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






18. Product/Service - Information - Finance






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






20. 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.






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






22. Return on Assets.






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






24. Producer to Store - servicing the customer






25. Order Fill Rate - Perfect Order






26. Time - Quality - Cost - Supporting Metrics






27. Measures cost and performance of activities.






28. Collaborative Planning - Forecasting - and Replenishment






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






30. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






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






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






33. 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






34. The ________ is associated with downstream activities.






35. The management of the movement of materials and information within - into - and out of the firm






36. Form Utility






37. Transportation Management System






38. Vendor

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39. Possession Utility






40. Time - Dependability - Communications - Convenience






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






42. Electrical Machinery - Power Generation Equipment.






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






44. Business Logistics - Military Logistics - Event Logistics - Service Logistics






45. Fast - high rate






46. 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






47. 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.






48. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






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






50. Free On Board







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