SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Business Logistics Management
Start Test
Study First
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. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Customer (7 R's of logistics)
Component Support
Types of Forecasts
Possession Utility
2. North American Free Trade Agreement. Establishes free trade between US - Canada - and Mexico
Forecasting
Factors Affecting Demand
Globalization Force
NAFTA
3. Point-of-sale(POS); Collaborative planning - forecasting - and replenishment(CPFR); Vendor-managed inventory (VMI)
Empowered Customer Force
Air
Organizational Consolidation Force
Utility(ies) associated with Production
4. Reliability - Responsiveness - Flexibility - Cost - Assets
CPFR
Major categories of metrics
Performance Categories
Utility(ies) associated with Production
5. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
CPFR
Balancing Supply/Demand
Order Cycle Time
Utility(ies) associated with Production
6. Time - Quality - Cost - Supporting Metrics
Performance Categories
Complexity Issue
Logistics Management
Organizational Relationships Issue
7. Growth to a global or worldwide scale. Important Issues in a SC: More volatile supply and demand - shorter product lifetimes - blurring of organizational boundaries.
Inventory Deployment Issue
External Metrics
Globalization Force
Logistics Activities
8. Enlightened - Educated - easy access to Internet
Utility(ies) associated with Production
Empowered Customer Force
Logistics
The Micro Dimension
9. Management of Product/Service - Information - and Cash Flows.
Supply Chain Definition
Top US trading partners
Information Issue
Possession Utility
10. Possession Utility
MRP
Utility(ies) associated with Marketing
Service Logistics
Utility(ies) associated with Production
11. Transportation-based - Warehouse/distribution-based - Forwarder-based - Shipper/management-based - Financial-based - Information-based firms
Types of 3PLs
ERP
Arm's Length
FAS
12. 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).
Internal Society of Logistics
Common Culture
FAS
Event Logistics
13. The most pervasive and important global shipment method. Low rates - wide variety of products
CIF
ERP
Ocean
Customer Service
14. An external supplier that performs all or part of a company's logistics functions.
MRP
Top US trading partners
External Metrics
3rd Party Logistics
15. Refer to the traditional linkages between firms in the supply chain such as retailers - distributors - manufacturers - and parts and materials suppliers
Collaborative Example
Place Utility Definition
Vertical Relationship
Inbound
16. Primarily created through the basic marketing activities related to the promotion of products and services -
Event Logistics
Ports
Possession Utility
Technology Force
17. Warehouse Management System
Major categories of metrics
Internal Society of Logistics
Factors Affecting Demand
WMS
18. Act as agents for domestic firms in the international arena.
Export Management Companies
Integrated Supply Chain
Utility(ies) associated with Marketing
Internal Metrics
19. Measures cost and performance of activities.
ABC Activity-Based Costing
Technology Issue
Factors Affecting Demand
CRM Customer Relationship Management
20. Getting the Right Things to the Right Place at the Right Time at the lowest cost.
Performance Measurement Issue
Logistics
WMS
Service Logistics
21. The time that elapses from when a buyer places an order until receipt of the order
Major categories of metrics
Order Cycle Time
Internal Society of Logistics
Time Utility Definition
22. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.
Empowered Customer Force
Utility(ies) associated with Marketing
Global Markets Characteristics
Inventory Deployment Issue
23. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Inventory
4PL
Strategic Relationship
Empowered Customer Force
24. Influencing the order - order execution
Business Logistics
Order Cycle Time
Event Logistics
Two Phases of order mgmt.
25. Globalization - Technology - Organizational Consolidation - Empowered Customer - Government Policy and Regulation
Supply Chain Issues
Forces Driving the Rate of Change
Immutable Laws of Collaborative Logistics
TMS
26. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])
Factors Affecting Demand
Inventory Deployment Issue
Utility(ies) associated with Marketing
Supply Chain Issues
27. Vendor
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
28. Analyze and evaluate on organizations efficiency over a time period.
Performance Measurement Issue
Integrated Supply Chain
Business Logistics
Strategic Relationship
29. Cost - Insurance - and Freight
CPFR
CIF
DRP
Council of Supply Chain Management
30. Order Fill Rate - Perfect Order
Place Utility Definition
External Metrics
Types of 3PLs
Order Cycle Time
31. Processes for developing and implementing successful relationship
Immutable Laws of Collaborative Logistics
Supply Chain Relationship
Inventory
Supply Chain Network Issue
32. 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.
Council of Supply Chain Management
Order Cycle Time
Logistics Management
Logistics Activities
33. Free On Board
FOB
Strategic Relationship
Strategic Example
Integrated Supply Chain
34. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Service Logistics
4PL
Steps in implementing CRM
Factors Affecting Demand
35. Strategic Alliance
Time Utility Definition
Organizational Relationships Issue
CPFR
Strategic Example
36. Adding value to products by making them available when they're needed.
Time Utility Definition
Vertical Relationship
Supply Chain
Cost/Value Issue
37. Time Utility - Place Utility - Quantity Utility
Logistics Management
Utility(ies) associated with Logistics
Supply Chain
FOB
38. Right: information - partner - quantity - format - time - place - cost
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
39. Cost and Freight
Supply Chain Security Issue
CFR
Customer (7 R's of logistics)
Collaborative Example
40. Segment Customer Base - Identify the product service package - Develop and execute the best procedures - measure performance continuously
Export Trading Companies
Possession Utility
Steps in implementing CRM
Component Support
41. Form - Time - Place - Quantity - Possession
Export Management Companies
Value Added Role of Logistics (5 types of utility)
Inventory Deployment Issue
Balancing Supply/Demand
42. Both parties in a vendor relational are said to be at "arm's" length.
Transactional Relationship
Internal Society of Logistics
Common Culture
Types of 3PLs
43. 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.
Arm's Length
Performance Categories
R's of Information
Military Logistics
44. Value added to goods through a manufacturing or assembly process.
Form Utility Definition
NAFTA
Utility(ies) associated with Marketing
Order Cycle Time
45. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Supply Chain Security Issue
WMS
Possession Utility
4PL
46. Export goods and services to overseas buyers and handles most of the export arrangements.
Export Trading Companies
DDP
Inbound
Strategic Role of I.T.
47. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Collaborative Relationship
CRM Customer Relationship Management
Major categories of metrics
Cost/Value Issue
48. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Empowered Customer Force
Supply Chain Issues
FAS
Factors Affecting Demand
49. Plays large part in intermodal shipments.
Strategic Role of I.T.
FOB
Motor
Customer (7 R's of logistics)
50. Product/Service - Information - Finance
Outbound
Third Party Logistics Industry
Supply Chain Flows
Government Regulations and Policy Force