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. Partner






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






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






4. The ________ is associated with downstream activities.






5. Marketing - Manufacturing/operations - Finance - Accounting






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






7. 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.






8. Challenge is to evaluate and successfully implement the technology






9. Strategic Alliance






10. Enlightened - Educated - easy access to Internet






11. Producer to Store - servicing the customer






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






13. Sales and Order Processing






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






15. Reliability - Responsiveness - Flexibility - Cost - Assets






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

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17. Materials Requirement Planning






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






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






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






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






22. The most pervasive and important global shipment method. Low rates - wide variety of products






23. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






24. Influencing the order - order execution






25. Critical part of global supply chains






26. Electrical Machinery - Power Generation Equipment.






27. CFE - MSE - MAD - MAPE






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






29. Transportation Management System






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






31. The branch of military science having to do with procuring - maintaining - utility/value and transporting material - personnel - and facilities






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






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






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






35. 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.






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






37. 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.






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






39. Business Logistics - Military Logistics - Event Logistics - Service Logistics






40. 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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41. Free On Board






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






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






44. Anything that touches the customer






45. Processes for developing and implementing successful relationship






46. 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






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






48. Value added by delivering the proper amount of a good.






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






50. Influences product availability