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. Reliability - Responsiveness - Flexibility - Cost - Assets






2. Form - Time - Place - Quantity - Possession






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






4. That part of the supply chain process that plans - implements - and controls the efficient - effective flow and storage of goods - services - and related information from point of origin to point of consumption in order to meet customer requirem






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






6. 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






7. Primarily created through the basic marketing activities related to the promotion of products and services -






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






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






10. Time - Dependability - Communications - Convenience






11. Business Logistics - Military Logistics - Event Logistics - Service Logistics






12. Free Alongside Ship






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






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






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






16. CFE - MSE - MAD - MAPE






17. Form Utility






18. 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.






19. Time - Quality - Cost - Supporting Metrics






20. Transportation Management System






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






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






23. The ________ is associated with downstream activities.






24. Deregulation: Transportation - Communications - and Financial Institutions






25. 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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26. Sales and Order Processing






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






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






29. Distribution Requirement Planning






30. Materials Requirement Planning






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






32. Measures cost and performance of activities.






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






34. Electrical Machinery - Power Generation Equipment






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






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






37. Order Fill Rate - Perfect Order






38. Anything that touches the customer






39. Influencing the order - order execution






40. ISs lead to the collection and storage of vast amounts of data and help lead to better decision making - but many companies are not taking advantage of it.






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






42. 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






43. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.






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






45. Possession Utility






46. Organizations require collaboration or cooperation.






47. Challenge is to evaluate and successfully implement the technology






48. 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






49. Enterprise Resource Planning






50. Relevant - Accurate - Accessible - Timely - Transferable