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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. Marketing - Manufacturing/operations - Finance - Accounting
ROA
Information Requirements
The Micro Dimension
Transportation Management Issue
2. Simple moving average - Weighted Moving average - Exponential Smoothing - Adjusted Exponential Smoothing for Trend - Seasonal Influences
Forecast Errors
Types of Forecasts
Export Trading Companies
CRM Customer Relationship Management
3. Random Variation - Trend - Seasonal Patterns - Normal Business Cycle
Organizational Relationships Issue
S&OP
Factors Affecting Demand
Strategic Role of I.T.
4. CFE - MSE - MAD - MAPE
DDP
Logistics Activities
Forecast Errors
Supply Chain Definition
5. The ________ is associated with downstream activities.
Place Utility Definition
Export Management Companies
Supply Chain
The Micro Dimension
6. Procurement and Manufacturing - value adding activities
R's of Information
Forecasting
Supply Chain Relationship
Balancing Supply/Demand
7. Challenge is to evaluate and successfully implement the technology
Technology Issue
Utility(ies) associated with Marketing
CFR
Types of Forecasts
8. Sales and Order Processing
S&OP
Ports
Supply Chain Security Issue
Motor
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
Business Logistics
ROA
Forecast Errors
Internal Metrics
10. Influences product availability
Order Cycle Time
TMS
Inbound
Globalization Force
11. Electrical Machinery - Power Generation Equipment
Arm's Length
Top US exports to China
S&OP
Top US trading partners
12. Measures cost and performance of activities.
ABC Activity-Based Costing
Logistics
Vertical Relationship
Business Logistics
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.
Supply Chain Relationship
Globalization Force
Place Utility Definition
CPFR
14. Enlightened - Educated - easy access to Internet
Quantity Utility Definition
Empowered Customer Force
C-TPAT
Strategic Role of I.T.
15. Both parties in a vendor relational are said to be at "arm's" length.
Transactional Relationship
Time Utility Definition
Service Logistics
TMS
16. Canada - China - Mexico
Top US trading partners
Form Utility Definition
Empowered Customer Force
Strategic Relationship
17. Distribution Requirement Planning
Supply Chain
Strategic Relationship
DRP
Vertical Relationship
18. Collaborative Planning - Forecasting - and Replenishment
ROA
Arm's Length
Air
CPFR
19. Business Logistics - Military Logistics - Event Logistics - Service Logistics
CPFR
Physical Distribution
Four Subdivisions of Logistics
Collaborative Example
20. Delivered Duty Paid
Balancing Supply/Demand
Third Party Logistics Industry
Logistics
DDP
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.
4PL
Ocean
Inventory Deployment Issue
Military Logistics
22. Possession Utility
Common Culture
Physical Distribution
Utility(ies) associated with Marketing
Factors Affecting Demand
23. The time that elapses from when a buyer places an order until receipt of the order
Order Cycle Time
Value Added Role of Logistics (5 types of utility)
Arm's Length
Supply Chain Definition
24. Represents an alternative that may imply even greater involvement than the partnership or strategic alliance
Strategic Relationship
Forecast Errors
FAS
Organizational Relationships Issue
25. Efficiency (cost) and effectiveness (value). A challenge for SCs is the prevention of sub-optimization.
Third Party Logistics Industry
TMS
Strategic Example
Cost/Value Issue
26. Procurement and Manufacturing - value adding activities
Supply Chain Network Issue
Inbound
Global Markets Characteristics
CFR
27. Organizations require collaboration or cooperation.
Form Utility Definition
Dimensions of customer service
Two Phases of order mgmt.
Organizational Relationships Issue
28. Management of materials in motion and at rest.
C-TPAT
Export Management Companies
Inventory
Possession Utility
29. Value added to goods through a manufacturing or assembly process.
ERP
Form Utility Definition
Third Party Logistics Industry
Steps in implementing CRM
30. Electrical Machinery - Power Generation Equipment.
Technology Force
Performance Categories
Forecasting
Top US imports from China
31. Strategic Alliance
Logistics Management
Strategic Example
Internal Society of Logistics
Ports
32. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.
Organizational Relationships Issue
Component Support
Global Markets Characteristics
Supply Chain Security Issue
33. Time Utility - Place Utility - Quantity Utility
Physical Distribution
External Metrics
Utility(ies) associated with Logistics
Place Utility Definition
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).
Event Logistics
Steps in implementing CRM
Quantity Utility Definition
Categories of Logistics Quantification Pyramid
35. Business agreements between firms that have "parallel" or cooperating positions in the logistics process.
FOB
CRM Customer Relationship Management
Technology Issue
Horizontal Relationships
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
Ocean
Common Culture
Top US trading partners
Collaborative Example
37. Act as agents for domestic firms in the international arena.
NAFTA
Export Management Companies
ROA
Service Logistics
38. Free Alongside Ship
FAS
CIF
Cost/Value Issue
Empowered Customer Force
39. Partner
Steps in implementing CRM
Collaborative Example
Inventory
Types of Forecasts
40. Producer to Store - servicing the customer
Council of Supply Chain Management
Transactional Relationship
Factors Affecting Demand
Outbound
41. Management of Product/Service - Information - and Cash Flows.
Types of 3PLs
CIF
Supply Chain Definition
Forecast Errors
42. Cost - Insurance - and Freight
Forces Driving the Rate of Change
3rd Party Logistics
CIF
Ocean
43. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.
Service Logistics
Categories of Logistics Quantification Pyramid
Internal Society of Logistics
Value Added Role of Logistics (5 types of utility)
44. External - Balancing - Price & Lead Time - Internal - Internal Balancing & Inventory/Production flexibility
Inventory Deployment Issue
Balancing Supply/Demand
Council of Supply Chain Management
Service Logistics
45. Product/Service - Information - Finance
Event Logistics
Customer Service
Technology Issue
Supply Chain Flows
46. Form Utility
Form Utility Definition
Top US imports from China
Technology Force
Utility(ies) associated with Production
47. Enterprise Resource Planning
ERP
Third Party Logistics Industry
Place Utility Definition
Immutable Laws of Collaborative Logistics
48. Providing time and place utility/value of materials and products in support of Functional management organization objectives.
Supply Chain Issues
S&OP
Utility(ies) associated with Production
Component Support
49. Vendor
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50. Export goods and services to overseas buyers and handles most of the export arrangements.
Export Trading Companies
Four Subdivisions of Logistics
Government Regulations and Policy Force
Form Utility Definition