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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. Reliability - Responsiveness - Flexibility - Cost - Assets






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






3. Return on Assets.






4. Warehouse Management System






5. The ________ is associated with downstream activities.






6. Influencing the order - order execution






7. Vendor

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8. Canada - China - Mexico






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






10. Item Fill Rate - Line Fill Rate






11. Delivered Duty Paid






12. 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






13. 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.






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

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15. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






16. Procurement and Manufacturing - value adding activities






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






18. Plays large part in intermodal shipments.






19. Sales and Order Processing






20. CFE - MSE - MAD - MAPE






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






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






23. Free On Board






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






25. Challenge is to evaluate and successfully implement the technology






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






27. 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






28. Electrical Machinery - Power Generation Equipment.






29. Possession Utility






30. Distribution Requirement Planning






31. Customers trade partnership against terrorism






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






33. Transportation Management System






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






35. Collaborative Planning - Forecasting - and Replenishment






36. Form - Time - Place - Quantity - Possession






37. Anything that touches the customer






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






39. Time Utility - Place Utility - Quantity Utility






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






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






42. How firms in this industry create value for their commercial clients






43. Management of materials in motion and at rest.






44. 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






45. 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).






46. Electrical Machinery - Power Generation Equipment






47. Relevant - Accurate - Accessible - Timely - Transferable






48. Fast - high rate






49. The design and integration of all aspects of support for the operational capability of the military forces and their equipment to ensure readiness - reliability and efficiency.






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







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