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. Right product - right time - right quantity - right quality - right cost - right destination






2. Free Alongside Ship






3. The ________ is associated with downstream activities.






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






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






6. Relevant - Accurate - Accessible - Timely - Transferable






7. 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).






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






9. Critical part of global supply chains






10. 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.






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






12. Producer to Store - servicing the customer






13. Form - Time - Place - Quantity - Possession






14. Networks - Complexity - Inventory Deployment - Information - Cost/Value - Organizational Relationships - Performance Measurement - Technology - Transportation Management - Supply Chain Security






15. Canada - China - Mexico






16. Delivered Duty Paid






17. Collaborative Planning - Forecasting - and Replenishment






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






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






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






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






22. Enlightened - Educated - easy access to Internet






23. Enterprise Resource Planning






24. Product/Service - Information - Finance






25. 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.






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






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






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






29. Electrical Machinery - Power Generation Equipment






30. Fast - high rate






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






32. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






33. Procurement and Manufacturing - value adding activities






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






35. Customers trade partnership against terrorism






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






37. Order Fill Rate - Perfect Order






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






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






40. Electrical Machinery - Power Generation Equipment.






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






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






43. Materials Requirement Planning






44. Anything that touches the customer






45. Time - Quality - Cost - Supporting Metrics






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






47. 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






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






49. Providing time and place utility/value of materials and products in support of Functional management organization objectives.






50. Plays large part in intermodal shipments.