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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. Measures cost and performance of activities.






2. 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.






3. 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






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






5. Procurement and Manufacturing - value adding activities






6. Electrical Machinery - Power Generation Equipment.






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






8. Challenge is to evaluate and successfully implement the technology






9. Transportation Management System






10. 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






11. Processes for developing and implementing successful relationship






12. Form Utility






13. Partner






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






15. Marketing - Manufacturing/operations - Finance - Accounting






16. Enlightened - Educated - easy access to Internet






17. Customers trade partnership against terrorism






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






19. Product/Service - Information - Finance






20. Deregulation: Transportation - Communications - and Financial Institutions






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






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






23. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






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






25. Delivered Duty Paid






26. Procurement and Manufacturing - value adding activities






27. Both parties in a vendor relational are said to be at "arm's" length.






28. Cost - Insurance - and Freight






29. Time - Quality - Cost - Supporting Metrics






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






31. Materials Requirement Planning






32. 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.






33. Business Logistics - Military Logistics - Event Logistics - Service Logistics






34. 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






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






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






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






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






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






40. The ________ is associated with downstream activities.






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

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






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






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






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






46. Reliability - Responsiveness - Flexibility - Cost - Assets






47. Concern and potential challenge since 9/11. Must be prepared for terrorist attack.






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






49. Electrical Machinery - Power Generation Equipment






50. Item Fill Rate - Line Fill Rate







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