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






2. 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






3. Procurement and Manufacturing - value adding activities






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






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






6. Strategic Alliance






7. Management of materials in motion and at rest.






8. Reliability - Responsiveness - Flexibility - Cost - Assets






9. Time Utility - Place Utility - Quantity Utility






10. Customers trade partnership against terrorism






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






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






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






14. Cost - Insurance - and Freight






15. 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.






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






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






18. Enlightened - Educated - easy access to Internet






19. Transportation Management System






20. Free On Board






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






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






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






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






25. Distribution Requirement Planning






26. Order Fill Rate - Perfect Order






27. 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.






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






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

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30. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






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






32. Marketing - Manufacturing/operations - Finance - Accounting






33. Enterprise Resource Planning






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






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






36. CFE - MSE - MAD - MAPE






37. Time - Quality - Cost - Supporting Metrics






38. Electrical Machinery - Power Generation Equipment






39. Fast - high rate






40. Procurement and Manufacturing - value adding activities






41. The ________ is associated with downstream activities.






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






43. 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






44. Collaborative Planning - Forecasting - and Replenishment






45. Materials Requirement Planning






46. Critical part of global supply chains






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






48. Time - Dependability - Communications - Convenience






49. Sales and Order Processing






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







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Can you answer 50 questions in 15 minutes?


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