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






2. Materials Requirement Planning






3. The ________ is associated with downstream activities.






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






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






6. Free Alongside Ship






7. Form Utility






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






9. Transportation Management System






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






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






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






13. Influencing the order - order execution






14. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






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






16. Plays large part in intermodal shipments.






17. Procurement and Manufacturing - value adding activities






18. Fast - high rate






19. Sales and Order Processing






20. CFE - MSE - MAD - MAPE






21. Distribution Requirement Planning






22. Reliability - Responsiveness - Flexibility - Cost - Assets






23. Time Utility - Place Utility - Quantity Utility






24. Challenge is to evaluate and successfully implement the technology






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






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






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






28. Vendor

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






30. Product/Service - Information - Finance






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






32. Canada - China - Mexico






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






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






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






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






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






39. Delivered Duty Paid






40. 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.






41. Enlightened - Educated - easy access to Internet






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






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






44. Critical part of global supply chains






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






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






47. Collaborative Planning - Forecasting - and Replenishment






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






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

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







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