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






2. Partner






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






4. Collaborative Planning - Forecasting - and Replenishment






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






6. Enterprise Resource Planning






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






8. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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

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10. CFE - MSE - MAD - MAPE






11. Procurement and Manufacturing - value adding activities






12. Time Utility - Place Utility - Quantity Utility






13. 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.






14. Influencing the order - order execution






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






16. Form - Time - Place - Quantity - Possession






17. Reliability - Responsiveness - Flexibility - Cost - Assets






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






19. Item Fill Rate - Line Fill Rate






20. Time - Dependability - Communications - Convenience






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






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






23. Cost - Insurance - and Freight






24. 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.






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






26. Distribution Requirement Planning






27. Critical part of global supply chains






28. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






29. Influences product availability






30. Cost and Freight






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






32. 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






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






34. Free Alongside Ship






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






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






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






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






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






40. Relevant - Accurate - Accessible - Timely - Transferable






41. Producer to Store - servicing the customer






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






43. Materials Requirement Planning






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






45. Order Fill Rate - Perfect Order






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






47. Organizations require collaboration or cooperation.






48. Return on Assets.






49. The ________ is associated with downstream activities.






50. Enlightened - Educated - easy access to Internet