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. Transportation Management System






2. Marketing - Manufacturing/operations - Finance - Accounting






3. Free Alongside Ship






4. Delivered Duty Paid






5. 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






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






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






8. 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






9. Partner






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






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






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






13. Materials Requirement Planning






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






15. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






16. 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






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






18. Product/Service - Information - Finance






19. 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.






20. Cost and Freight






21. Electrical Machinery - Power Generation Equipment.






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






23. Plays large part in intermodal shipments.






24. Procurement and Manufacturing - value adding activities






25. Vendor

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26. Producer to Store - servicing the customer






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






28. Relevant - Accurate - Accessible - Timely - Transferable






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






30. Form Utility






31. Enlightened - Educated - easy access to Internet






32. Measures cost and performance of activities.






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






34. Time - Quality - Cost - Supporting Metrics






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






36. Sales and Order Processing






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






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






39. Procurement and Manufacturing - value adding activities






40. Business Logistics - Military Logistics - Event Logistics - Service Logistics






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






42. Collaborative Planning - Forecasting - and Replenishment






43. Value added to goods through a manufacturing or assembly process.






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






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






46. Electrical Machinery - Power Generation Equipment






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






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






50. Canada - China - Mexico