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. 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






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






3. 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.






4. Electrical Machinery - Power Generation Equipment.






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






6. Time - Dependability - Communications - Convenience






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






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






9. Item Fill Rate - Line Fill Rate






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






11. Marketing - Manufacturing/operations - Finance - Accounting






12. 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.






13. Critical part of global supply chains






14. Enterprise Resource Planning






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






16. Sales and Order Processing






17. Enlightened - Educated - easy access to Internet






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






19. Transportation Management System






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






21. Relevant - Accurate - Accessible - Timely - Transferable






22. Order Fill Rate - Perfect Order






23. 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.






24. Producer to Store - servicing the customer






25. The ________ is associated with downstream activities.






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






27. Canada - China - Mexico






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






29. Time - Quality - Cost - Supporting Metrics






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






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






32. Influences product availability






33. Free On Board






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






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






36. Cost and Freight






37. Possession Utility






38. CFE - MSE - MAD - MAPE






39. Right product - right time - right quantity - right quality - right cost - right destination






40. Procurement and Manufacturing - value adding activities






41. Processes for developing and implementing successful relationship






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






43. Collaborative Planning - Forecasting - and Replenishment






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






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






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






47. Reliability - Responsiveness - Flexibility - Cost - Assets






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






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






50. Form - Time - Place - Quantity - Possession