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






3. Deregulation: Transportation - Communications - and Financial Institutions






4. Distribution Requirement Planning






5. Enterprise Resource Planning






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






7. Materials Requirement Planning






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






9. Sales and Order Processing






10. Time - Quality - Cost - Supporting Metrics






11. Procurement and Manufacturing - value adding activities






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






13. Cost - Insurance - and Freight






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






15. Strategic Alliance






16. Management of materials in motion and at rest.






17. Enlightened - Educated - easy access to Internet






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






19. Form - Time - Place - Quantity - Possession






20. 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






21. Business Logistics - Military Logistics - Event Logistics - Service Logistics






22. Influences product availability






23. Measures cost and performance of activities.






24. Free On Board






25. CFE - MSE - MAD - MAPE






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






27. Reliability - Responsiveness - Flexibility - Cost - Assets






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






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






30. Time - Dependability - Communications - Convenience






31. Product/Service - Information - Finance






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






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






34. Fast - high rate






35. 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.






36. Organizations require collaboration or cooperation.






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






38. Analyze and evaluate on organizations efficiency over a time period.






39. Influencing the order - order execution






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






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

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42. Delivered Duty Paid






43. Marketing - Manufacturing/operations - Finance - Accounting






44. Customers trade partnership against terrorism






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






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






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






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






49. Form Utility






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







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Can you answer 50 questions in 15 minutes?


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