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. Time - Quality - Cost - Supporting Metrics






2. Real and recognized benefits to all members - Dynamic creation - measurement - and evolution of collaborative partnerships - Co-buyer and co-seller relationships - Flexibility and security - Collaboration across all stages of business process integ






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






4. An external supplier that performs all or part of a company's logistics functions.






5. 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






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






7. Deregulation: Transportation - Communications - and Financial Institutions






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






9. Reliability - Responsiveness - Flexibility - Cost - Assets






10. Free On Board






11. Return on Assets.






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






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






14. Delivered Duty Paid






15. Processes for developing and implementing successful relationship






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






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






18. Marketing - Manufacturing/operations - Finance - Accounting






19. The ________ is associated with downstream activities.






20. 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.






21. Organizations require collaboration or cooperation.






22. Canada - China - Mexico






23. Fast - high rate






24. ISs lead to the collection and storage of vast amounts of data and help lead to better decision making - but many companies are not taking advantage of it.






25. Producer to Store - servicing the customer






26. Form Utility






27. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






28. Form - Time - Place - Quantity - Possession






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






30. Electrical Machinery - Power Generation Equipment






31. Item Fill Rate - Line Fill Rate






32. Customers trade partnership against terrorism






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






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






35. Plays large part in intermodal shipments.






36. Procurement and Manufacturing - value adding activities






37. Getting the Right Things to the Right Place at the Right Time at the lowest cost.






38. Measures cost and performance of activities.






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






40. Management of materials in motion and at rest.






41. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






43. Possession Utility






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






45. Time Utility - Place Utility - Quantity Utility






46. Cost and Freight






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






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






49. Materials Requirement Planning






50. Adding value to products by making them available when they're needed.