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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. Relevant - Accurate - Accessible - Timely - Transferable






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






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






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






5. 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.






6. Time - Quality - Cost - Supporting Metrics






7. The ________ is associated with downstream activities.






8. Influencing the order - order execution






9. Canada - China - Mexico






10. Deregulation: Transportation - Communications - and Financial Institutions






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






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






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






14. Form - Time - Place - Quantity - Possession






15. CFE - MSE - MAD - MAPE






16. Marketing - Manufacturing/operations - Finance - Accounting






17. Enlightened - Educated - easy access to Internet






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






19. Coordination and Integration can reduce the inventory level on horizontal and vertical levels in the SC. (the bullwhip effect [when inventory is duplicated])






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






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






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






23. Delivered Duty Paid






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






25. Producer to Store - servicing the customer






26. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






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






29. 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.






30. Return on Assets.






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






32. The network facilities and supporting transportation is important. It must be capable and able to respond to change in the marketplace.






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






34. Supplies expertise to international shippers. Consolidate small shipments. Derives income from fees for service.






35. Order Fill Rate - Perfect Order






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






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






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






39. 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






40. 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






41. Strategic Alliance






42. Acquisition - scheduling and management of the facilities/ assets - personnel and materials to support and sustain a service operation or business.






43. Procurement and Manufacturing - value adding activities






44. 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.






45. Free Alongside Ship






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






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






48. Time Utility - Place Utility - Quantity Utility






49. Warehouse Management System






50. Possession Utility







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