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. 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






2. Time - Quality - Cost - Supporting Metrics






3. 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






4. Customers trade partnership against terrorism






5. Influences product availability






6. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously






7. Relevant - Accurate - Accessible - Timely - Transferable






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






9. Cost and Freight






10. Marketing - Manufacturing/operations - Finance - Accounting






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






12. Measures cost and performance of activities.






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






14. The ________ is associated with downstream activities.






15. 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.






16. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






17. Influencing the order - order execution






18. Collaborative Planning - Forecasting - and Replenishment






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






20. Return on Assets.






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






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






23. Enlightened - Educated - easy access to Internet






24. Producer to Store - servicing the customer






25. Anything that touches the customer






26. Product/Service - Information - Finance






27. Warehouse Management System






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






29. Deregulation: Transportation - Communications - and Financial Institutions






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






31. Canada - China - Mexico






32. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.






33. 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).






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






35. Reliability - Responsiveness - Flexibility - Cost - Assets






36. Materials Requirement Planning






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






38. Time - Dependability - Communications - Convenience






39. Delivered Duty Paid






40. Electrical Machinery - Power Generation Equipment






41. Item Fill Rate - Line Fill Rate






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






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






44. Critical part of global supply chains






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






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






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






48. Cost - Insurance - and Freight






49. Plays large part in intermodal shipments.






50. Electrical Machinery - Power Generation Equipment.