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






2. Canada - China - Mexico






3. Deregulation: Transportation - Communications - and Financial Institutions






4. Order Fill Rate - Perfect Order






5. Collaborative Planning - Forecasting - and Replenishment






6. Anything that touches the customer






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






8. Strategic Alliance






9. Enterprise Resource Planning






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






11. CFE - MSE - MAD - MAPE






12. Customers trade partnership against terrorism






13. 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).






14. Management of materials in motion and at rest.






15. Electrical Machinery - Power Generation Equipment.






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






17. 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






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






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






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






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






22. Cost and Freight






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

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24. Free Alongside Ship






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






26. Relevant - Accurate - Accessible - Timely - Transferable






27. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.






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






29. The ________ is associated with downstream activities.






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






31. Enlightened - Educated - easy access to Internet






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






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






34. Time Utility - Place Utility - Quantity Utility






35. Free On Board






36. Materials Requirement Planning






37. 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






38. 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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39. Challenge is to evaluate and successfully implement the technology






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






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






42. Item Fill Rate - Line Fill Rate






43. Procurement and Manufacturing - value adding activities






44. Transportation Management System






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






46. Plays large part in intermodal shipments.






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






48. Business Logistics - Military Logistics - Event Logistics - Service Logistics






49. Procurement and Manufacturing - value adding activities






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