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. Marketing - Manufacturing/operations - Finance - Accounting






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






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






4. CFE - MSE - MAD - MAPE






5. The ________ is associated with downstream activities.






6. Procurement and Manufacturing - value adding activities






7. Challenge is to evaluate and successfully implement the technology






8. Sales and Order Processing






9. 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






10. Influences product availability






11. Electrical Machinery - Power Generation Equipment






12. Measures cost and performance of activities.






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






14. Enlightened - Educated - easy access to Internet






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






16. Canada - China - Mexico






17. Distribution Requirement Planning






18. Collaborative Planning - Forecasting - and Replenishment






19. Business Logistics - Military Logistics - Event Logistics - Service Logistics






20. Delivered Duty Paid






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. Possession Utility






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






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






25. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.






26. Procurement and Manufacturing - value adding activities






27. Organizations require collaboration or cooperation.






28. Management of materials in motion and at rest.






29. Value added to goods through a manufacturing or assembly process.






30. Electrical Machinery - Power Generation Equipment.






31. Strategic Alliance






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






33. Time Utility - Place Utility - Quantity Utility






34. 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).






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






36. 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






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






38. Free Alongside Ship






39. Partner






40. Producer to Store - servicing the customer






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






42. Cost - Insurance - and Freight






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






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






45. Product/Service - Information - Finance






46. Form Utility






47. Enterprise Resource Planning






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






49. Vendor

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


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