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. Vendor


2. CFE - MSE - MAD - MAPE






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






4. Influencing the order - order execution






5. Item Fill Rate - Line Fill Rate






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






7. Marketing - Manufacturing/operations - Finance - Accounting






8. 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.






9. Challenge is to evaluate and successfully implement the technology






10. Fast - high rate






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






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






13. Cost - Insurance - and Freight






14. Order Fill Rate - Perfect Order






15. Cost and Freight






16. Time Utility - Place Utility - Quantity Utility






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






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






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






20. 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






21. 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






22. Free Alongside Ship






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






24. Form - Time - Place - Quantity - Possession






25. The ________ is associated with downstream activities.






26. Electrical Machinery - Power Generation Equipment.






27. Collaborative Planning - Forecasting - and Replenishment






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






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






30. Producer to Store - servicing the customer






31. Customers trade partnership against terrorism






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






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






34. 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






35. Canada - China - Mexico






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






37. Distribution Requirement Planning






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






39. Critical part of global supply chains






40. 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.






41. Time - Dependability - Communications - Convenience






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






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






44. Relevant - Accurate - Accessible - Timely - Transferable






45. Delivered Duty Paid






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






47. Free On Board






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






49. 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.


50. Form Utility