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. Cost and Freight






2. CFE - MSE - MAD - MAPE






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






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






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






6. Free On Board






7. Measures cost and performance of activities.






8. Challenge is to evaluate and successfully implement the technology






9. Relevant - Accurate - Accessible - Timely - Transferable






10. Sales and Order Processing






11. Materials Requirement Planning






12. Warehouse Management System






13. Time Utility - Place Utility - Quantity Utility






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






15. Vendor

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16. Return on Assets.






17. Procurement and Manufacturing - value adding activities






18. 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.






19. Reliability - Responsiveness - Flexibility - Cost - Assets






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






21. Time - Quality - Cost - Supporting Metrics






22. Electrical Machinery - Power Generation Equipment.






23. 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






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






25. Management of materials in motion and at rest.






26. Procurement and Manufacturing - value adding activities






27. Marketing - Manufacturing/operations - Finance - Accounting






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






29. The ________ is associated with downstream activities.






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






31. Strategic Alliance






32. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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

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34. Anything that touches the customer






35. Canada - China - Mexico






36. Cost - Insurance - and Freight






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






38. Fast - high rate






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






40. Collaborative Planning - Forecasting - and Replenishment






41. Deregulation: Transportation - Communications - and Financial Institutions






42. Form Utility






43. Processes for developing and implementing successful relationship






44. 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).






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






46. Possession Utility






47. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.






48. 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.






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






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