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. Vendor


2. CFE - MSE - MAD - MAPE






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






4. Electrical Machinery - Power Generation Equipment






5. Time - Dependability - Communications - Convenience






6. Sales and Order Processing






7. 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.






8. Management of materials in motion and at rest.






9. Producer to Store - servicing the customer






10. Real and recognized benefits to all members - Dynamic creation - measurement - and evolution of collaborative partnerships - Co-buyer and co-seller relationships - Flexibility and security - Collaboration across all stages of business process integ






11. Processes for developing and implementing successful relationship






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






13. Strategic Alliance






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






15. Plays large part in intermodal shipments.






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






17. Warehouse Management System






18. Organizations require collaboration or cooperation.






19. Collaborative Planning - Forecasting - and Replenishment






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






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






22. Form - Time - Place - Quantity - Possession






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






24. Influences product availability






25. Both parties in a vendor relational are said to be at "arm's" length.






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






27. Partner






28. Act as agents for domestic firms in the international arena.






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






30. Cost - Insurance - and Freight






31. Form Utility






32. Customers trade partnership against terrorism






33. Free Alongside Ship






34. Item Fill Rate - Line Fill Rate






35. Reliability - Responsiveness - Flexibility - Cost - Assets






36. Business Logistics - Military Logistics - Event Logistics - Service Logistics






37. 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.






38. 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






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






40. Deregulation: Transportation - Communications - and Financial Institutions






41. 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






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






43. Cost and Freight






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






45. Electrical Machinery - Power Generation Equipment.






46. Order Fill Rate - Perfect Order






47. Product/Service - Information - Finance






48. Fast - high rate






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






50. Time - Quality - Cost - Supporting Metrics