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. Processes for developing and implementing successful relationship






2. Organizations require collaboration or cooperation.






3. Vendor

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






5. Time - Quality - Cost - Supporting Metrics






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






7. Relevant - Accurate - Accessible - Timely - Transferable






8. 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






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






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






11. Procurement and Manufacturing - value adding activities






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

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






14. The ________ is associated with downstream activities.






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






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






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






18. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






19. Warehouse Management System






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






21. Form - Time - Place - Quantity - Possession






22. Measures cost and performance of activities.






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






24. Free On Board






25. Canada - China - Mexico






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






27. Enlightened - Educated - easy access to Internet






28. Materials Requirement Planning






29. Possession Utility






30. 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






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






33. Transportation Management System






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






35. 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.






36. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






37. Cost - Insurance - and Freight






38. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






40. Management of materials in motion and at rest.






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






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






43. CFE - MSE - MAD - MAPE






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






45. Order Fill Rate - Perfect Order






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






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






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






49. Customers trade partnership against terrorism






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