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. Procurement and Manufacturing - value adding activities






3. Item Fill Rate - Line Fill Rate






4. Critical part of global supply chains






5. The ________ is associated with downstream activities.






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






7. Form - Time - Place - Quantity - Possession






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






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






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






11. Distribution Requirement Planning






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






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






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






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






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






17. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.






18. Free Alongside Ship






19. 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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20. Analyze and evaluate on organizations efficiency over a time period.






21. Sales and Order Processing






22. Delivered Duty Paid






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






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






25. Electrical Machinery - Power Generation Equipment.






26. Transportation Management System






27. Collaborative Planning - Forecasting - and Replenishment






28. Free On Board






29. CFE - MSE - MAD - MAPE






30. Electrical Machinery - Power Generation Equipment






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






32. Relevant - Accurate - Accessible - Timely - Transferable






33. 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.






34. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






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






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






37. Challenge is to evaluate and successfully implement the technology






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






39. Form Utility






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






41. Adding value to products by having them where people want them.






42. Plays large part in intermodal shipments.






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






44. Customers trade partnership against terrorism






45. Canada - China - Mexico






46. Vendor

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






48. Partner






49. 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






50. 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.