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






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






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






4. Management of materials in motion and at rest.






5. Customers trade partnership against terrorism






6. Electrical Machinery - Power Generation Equipment.






7. Deregulation: Transportation - Communications - and Financial Institutions






8. Return on Assets.






9. Adding value to products by making them available when they're needed.






10. Time - Dependability - Communications - Convenience






11. Cost and Freight






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






13. Warehouse Management System






14. Partner






15. Free Alongside Ship






16. Reliability - Responsiveness - Flexibility - Cost - Assets






17. 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).






18. Collaborative Planning - Forecasting - and Replenishment






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






20. Materials Requirement Planning






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






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






23. Organizations require collaboration or cooperation.






24. 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






25. Relevant - Accurate - Accessible - Timely - Transferable






26. Time Utility - Place Utility - Quantity Utility






27. Procurement and Manufacturing - value adding activities






28. CFE - MSE - MAD - MAPE






29. Producer to Store - servicing the customer






30. Distribution Requirement Planning






31. The management of the movement of materials and information within - into - and out of the firm






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






33. Possession Utility






34. Cost - Insurance - and Freight






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

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






37. 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






38. Fast - high rate






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






40. Vendor

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






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






43. Challenge is to evaluate and successfully implement the technology






44. The ________ is associated with downstream activities.






45. Influences product availability






46. Business Logistics - Military Logistics - Event Logistics - Service Logistics






47. 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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48. 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.






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






50. Delivered Duty Paid