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. 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






2. Electrical Machinery - Power Generation Equipment.






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

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4. Customers trade partnership against terrorism






5. Deregulation: Transportation - Communications - and Financial Institutions






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






7. 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).






8. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






9. Collaborative Planning - Forecasting - and Replenishment






10. Reliability - Responsiveness - Flexibility - Cost - Assets






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






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






14. Electrical Machinery - Power Generation Equipment






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






16. Enlightened - Educated - easy access to Internet






17. Producer to Store - servicing the customer






18. Order Fill Rate - Perfect Order






19. Cost - Insurance - and Freight






20. Plays large part in intermodal shipments.






21. Influencing the order - order execution






22. Enterprise Resource Planning






23. Fast - high rate






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






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






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






27. Possession Utility






28. Act as agents for domestic firms in the international arena.






29. Time - Quality - Cost - Supporting Metrics






30. Product/Service - Information - Finance






31. Form - Time - Place - Quantity - Possession






32. Delivered Duty Paid






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






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






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






36. 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






37. Form Utility






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






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






40. Materials Requirement Planning






41. Vendor

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42. Business Logistics - Military Logistics - Event Logistics - Service Logistics






43. Item Fill Rate - Line Fill Rate






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






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






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






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






48. Free Alongside Ship






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






50. Organizations require collaboration or cooperation.