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. Producer to Store - servicing the customer






2. Influences product availability






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






4. 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.

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


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






6. Partner






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






8. CFE - MSE - MAD - MAPE






9. Reliability - Responsiveness - Flexibility - Cost - Assets






10. Time - Dependability - Communications - Convenience






11. Collaborative Planning - Forecasting - and Replenishment






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






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






14. Deregulation: Transportation - Communications - and Financial Institutions






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






16. Fast - high rate






17. Time - Quality - Cost - Supporting Metrics






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






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






20. 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






21. Assembles and manages the resources - capabilities - and technology of its own organization with those of complementary service providers to deliver a comprehensive supply chain solution.






22. Form Utility






23. Plays large part in intermodal shipments.






24. Free On Board






25. Possession Utility






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






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






28. Enlightened - Educated - easy access to Internet






29. 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






30. Sales and Order Processing






31. Free Alongside Ship






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






33. Management of materials in motion and at rest.






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






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






36. Anything that touches the customer






37. 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.






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






39. Product/Service - Information - Finance






40. Electrical Machinery - Power Generation Equipment






41. Electrical Machinery - Power Generation Equipment.






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






43. Processes for developing and implementing successful relationship






44. Strategic Alliance






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






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






47. Materials Requirement Planning






48. 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).






49. Enterprise Resource Planning






50. Cost and Freight