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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. 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






2. Influencing the order - order execution






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






4. Value added by delivering the proper amount of a good.






5. Time - Dependability - Communications - Convenience






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






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






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






9. Influences product availability






10. Processes for developing and implementing successful relationship






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






12. Relevant - Accurate - Accessible - Timely - Transferable






13. Return on Assets.






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






15. 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.






16. Both parties in a vendor relational are said to be at "arm's" length.






17. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.






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






19. Cost and Freight






20. CFE - MSE - MAD - MAPE






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






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






23. 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.






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






25. Challenge is to evaluate and successfully implement the technology






26. 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






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






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

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29. Management of materials in motion and at rest.






30. Fast - high rate






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






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






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






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






35. Vendor

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36. Warehouse Management System






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






38. Customers trade partnership against terrorism






39. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms






40. Reliability - Responsiveness - Flexibility - Cost - Assets






41. Canada - China - Mexico






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






43. Form Utility






44. Cost - Insurance - and Freight






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






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






47. Free On Board






48. 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.






49. Strategic Alliance






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







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