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






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






3. Strategic Alliance






4. Sales and Order Processing






5. Form - Time - Place - Quantity - Possession






6. Producer to Store - servicing the customer






7. CFE - MSE - MAD - MAPE






8. 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.






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






10. Fast - high rate






11. Plays large part in intermodal shipments.






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






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






14. Electrical Machinery - Power Generation Equipment.






15. Assembles and manages the resources - capabilities - and technology of its own organization with those of complementary service providers to deliver a comprehensive supply chain solution.






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






17. Anything that touches the customer






18. 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






19. Critical part of global supply chains






20. Time - Quality - Cost - Supporting Metrics






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






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






23. Delivered Duty Paid






24. Business Logistics - Military Logistics - Event Logistics - Service Logistics






25. Warehouse Management System






26. 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.






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






28. Transportation Management System






29. Deregulation: Transportation - Communications - and Financial Institutions






30. Possession Utility






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






32. Time - Dependability - Communications - Convenience






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






34. Cost - Insurance - and Freight






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






36. Enlightened - Educated - easy access to Internet






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






38. Reliability - Responsiveness - Flexibility - Cost - Assets






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






40. Relevant - Accurate - Accessible - Timely - Transferable






41. Partner






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






43. Customers trade partnership against terrorism






44. Electrical Machinery - Power Generation Equipment






45. Influencing the order - order execution






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






47. Procurement and Manufacturing - value adding activities






48. Procurement and Manufacturing - value adding activities






49. Management of materials in motion and at rest.






50. Free On Board