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Test your basic knowledge |
Business Logistics Management
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Study First
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. Electrical Machinery - Power Generation Equipment.
Outbound
Top US imports from China
DDP
Utility(ies) associated with Logistics
2. Form Utility
Two Phases of order mgmt.
Air
Supply Chain Definition
Utility(ies) associated with Production
3. Export goods and services to overseas buyers and handles most of the export arrangements.
Utility(ies) associated with Logistics
Export Trading Companies
Arm's Length
Customer (7 R's of logistics)
4. Enlightened - Educated - easy access to Internet
Logistics Management
Third Party Logistics Industry
Empowered Customer Force
Customer (7 R's of logistics)
5. Collaborative Planning - Forecasting - and Replenishment
CPFR
Vertical Relationship
Horizontal Relationships
Top US imports from China
6. Adding value to products by having them where people want them.
The Micro Dimension
Place Utility Definition
CIF
Globalization Force
7. 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
Business Logistics
Forecasting
Possession Utility
Logistics Management
8. Cost - Insurance - and Freight
FAS
Quantity Utility Definition
CIF
Outbound
9. Time Utility - Place Utility - Quantity Utility
Utility(ies) associated with Logistics
Order Cycle Time
Common Culture
Air
10. Enterprise Resource Planning
Business Logistics
Empowered Customer Force
TMS
ERP
11. Strategic Alliance
Categories of Logistics Quantification Pyramid
Transactional Relationship
Strategic Example
Integrated Supply Chain
12. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Utility(ies) associated with Logistics
Possession Utility
Government Regulations and Policy Force
Organizational Consolidation Force
13. Business Logistics - Military Logistics - Event Logistics - Service Logistics
Supply Chain Network Issue
Four Subdivisions of Logistics
C-TPAT
Global Markets Characteristics
14. The management of the movement of materials and information within - into - and out of the firm
Form Utility Definition
Third Party Logistics Industry
Four Subdivisions of Logistics
Logistics Management
15. Organizations require collaboration or cooperation.
Outbound
Military Logistics
Order Cycle Time
Organizational Relationships Issue
16. Management of materials in motion and at rest.
Inventory
CRM Customer Relationship Management
Air
Immutable Laws of Collaborative Logistics
17. Fast - high rate
Air
Supply Chain Issues
Performance Measurement Issue
ROA
18. Time - Quality - Cost - Supporting Metrics
Information Requirements
Performance Categories
Quantity Utility Definition
Technology Force
19. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Types of Forecasts
NAFTA
Strategic Role of I.T.
Top US exports to China
20. The ________ is associated with downstream activities.
Arm's Length
Categories of Logistics Quantification Pyramid
Supply Chain
Internal Metrics
21. Primarily created through the basic marketing activities related to the promotion of products and services -
Possession Utility
Component Support
Supply Chain Flows
CPFR
22. Procurement and Manufacturing - value adding activities
4PL
Forecasting
Supply Chain Definition
FOB
23. Channel Satisfaction - Transaction Cost and Revenue - Logistics Operations - Logistics Service
Government Regulations and Policy Force
Transactional Relationship
Performance Measurement Issue
Categories of Logistics Quantification Pyramid
24. Partner
Collaborative Example
Performance Measurement Issue
FOB
Business Logistics
25. Sales and Order Processing
Vertical Relationship
Supply Chain Security Issue
Organizational Consolidation Force
S&OP
26. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities
Internal Society of Logistics
Collaborative Relationship
External Metrics
Quantity Utility Definition
27. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
S&OP
Steps in implementing CRM
Forces Driving the Rate of Change
Types of Forecasts
28. Form - Time - Place - Quantity - Possession
Utility(ies) associated with Logistics
Empowered Customer Force
Value Added Role of Logistics (5 types of utility)
Factors Affecting Demand
29. An external supplier that performs all or part of a company's logistics functions.
Order Cycle Time
Information Issue
Logistics Management
3rd Party Logistics
30. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.
Organizational Relationships Issue
Collaborative Relationship
Freight Forwarder
Arm's Length
31. 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).
Supply Chain Definition
Event Logistics
Technology Force
Forces Driving the Rate of Change
32. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
Horizontal Relationships
ABC Activity-Based Costing
Supply Chain Issues
Ports
33. Value added to goods through a manufacturing or assembly process.
Technology Force
Form Utility Definition
Motor
Integrated Supply Chain
34. Influencing the order - order execution
Form Utility Definition
Two Phases of order mgmt.
NAFTA
Steps in implementing CRM
35. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.
Supply Chain Network Issue
Utility(ies) associated with Logistics
FAS
Organizational Relationships Issue
36. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security
Place Utility Definition
CPFR
Time Utility Definition
Supply Chain Issues
37. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Factors Affecting Demand
ERP
Categories of Logistics Quantification Pyramid
Types of 3PLs
38. 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.
CPFR
MRP
Council of Supply Chain Management
Strategic Relationship
39. Customers trade partnership against terrorism
Outbound
Supply Chain Flows
Transactional Relationship
C-TPAT
40. 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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41. Act as agents for domestic firms in the international arena.
Logistics Activities
Component Support
Supply Chain Network Issue
Export Management Companies
42. Plays large part in intermodal shipments.
Ports
External Metrics
Organizational Consolidation Force
Motor
43. 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
Strategic Role of I.T.
Information Issue
FOB
Strategic Relationship
44. Transportation Management System
TMS
Transportation Management Issue
Logistics Activities
Forecasting
45. Right product - right time - right quantity - right quality - right cost - right destination
Transportation Management Issue
3rd Party Logistics
Inbound
Categories of Logistics Quantification Pyramid
46. Electrical Machinery - Power Generation Equipment
Supply Chain Network Issue
Logistics Management
Top US exports to China
Service Logistics
47. Adding value to products by making them available when they're needed.
Supply Chain Relationship
Time Utility Definition
Inbound
MRP
48. Analyze and evaluate on organizations efficiency over a time period.
Business Logistics
Performance Measurement Issue
R's of Information
Steps in implementing CRM
49. Processes for developing and implementing successful relationship
Inventory
Supply Chain Relationship
Global Markets Characteristics
Component Support
50. The time that elapses from when a buyer places an order until receipt of the order
ROA
Air
Business Logistics
Order Cycle Time