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. Materials Requirement Planning






2. Vendor

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3. Deregulation: Transportation - Communications - and Financial Institutions






4. Export goods and services to overseas buyers and handles most of the export arrangements.






5. Fast - high rate






6. Distribution Requirement Planning






7. Relevant - Accurate - Accessible - Timely - Transferable






8. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






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






10. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






11. Cost and Freight






12. That part of the supply chain process that plans - implements - and controls the efficient - effective flow and storage of goods - services - and related information from point of origin to point of consumption in order to meet customer requirem






13. Influences product availability






14. Marketing - Manufacturing/operations - Finance - Accounting






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






16. Producer to Store - servicing the customer






17. Time - Dependability - Communications - Convenience






18. Collaborative Planning - Forecasting - and Replenishment






19. Warehouse Management System






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






21. Transportation Management System






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






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






24. Canada - China - Mexico






25. Form - Time - Place - Quantity - Possession






26. Free On Board






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






28. The ________ is associated with downstream activities.






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






30. Organizations require collaboration or cooperation.






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






32. Adding value to products by having them where people want them.






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






34. Sales and Order Processing






35. 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






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






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






38. Electrical Machinery - Power Generation Equipment






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

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40. Enlightened - Educated - easy access to Internet






41. Management of materials in motion and at rest.






42. 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.






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






44. 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






45. 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






46. Enterprise Resource Planning






47. 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.

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48. Customers trade partnership against terrorism






49. Electrical Machinery - Power Generation Equipment.






50. 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