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. Influencing the order - order execution






2. 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.






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






4. Warehouse Management System






5. 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.






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






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






8. Product/Service - Information - Finance






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






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






11. Reliability - Responsiveness - Flexibility - Cost - Assets






12. 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






13. Organizations require collaboration or cooperation.






14. Time - Quality - Cost - Supporting Metrics






15. Influences product availability






16. Fast - high rate






17. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.






18. Processes for developing and implementing successful relationship






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






20. Value added to goods through a manufacturing or assembly process.






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






22. 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






23. Deregulation: Transportation - Communications - and Financial Institutions






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






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






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






27. Cost - Insurance - and Freight






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






29. Relevant - Accurate - Accessible - Timely - Transferable






30. 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.






31. Business Logistics - Military Logistics - Event Logistics - Service Logistics






32. 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.






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






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






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






36. Challenge is to evaluate and successfully implement the technology






37. Return on Assets.






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






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






40. Electrical Machinery - Power Generation Equipment






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






42. Strategic Alliance






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






44. Marketing - Manufacturing/operations - Finance - Accounting






45. Form - Time - Place - Quantity - Possession






46. Critical part of global supply chains






47. Canada - China - Mexico






48. Sales and Order Processing






49. 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).






50. Collaborative Planning - Forecasting - and Replenishment