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






2. Challenge is to evaluate and successfully implement the technology






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






4. Electrical Machinery - Power Generation Equipment






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






6. Delivered Duty Paid






7. Marketing - Manufacturing/operations - Finance - Accounting






8. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






9. Processes for developing and implementing successful relationship






10. Enterprise Resource Planning






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






12. Order Fill Rate - Perfect Order






13. Increased complexity for organizations (from SKUs to trade regulations) is a problem. Organizations should simplify.






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






15. Fast - high rate






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






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






18. Deregulation: Transportation - Communications - and Financial Institutions






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






20. Influencing the order - order execution






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






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

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






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






25. Two or more business orgs cooperate and willingly modify their business objectives and practices to help achieve long-term goals.






26. ISs lead to the collection and storage of vast amounts of data and help lead to better decision making - but many companies are not taking advantage of it.






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






28. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility






29. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.






30. 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.






31. Plays large part in intermodal shipments.






32. Strategic Alliance






33. Time - Quality - Cost - Supporting Metrics






34. Free On Board






35. CFE - MSE - MAD - MAPE






36. Influences product availability






37. Product/Service - Information - Finance






38. Transportation Management System






39. Producer to Store - servicing the customer






40. The ________ is associated with downstream activities.






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






42. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.






43. 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.






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






45. Collaborative Planning - Forecasting - and Replenishment






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






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






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






49. Form - Time - Place - Quantity - Possession






50. Time - Dependability - Communications - Convenience






Can you answer 50 questions in 15 minutes?



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