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. Collaborative Planning - Forecasting - and Replenishment






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






3. Warehouse Management System






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






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






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






7. Processes for developing and implementing successful relationship






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






9. Plays large part in intermodal shipments.






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






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






12. The ________ is associated with downstream activities.






13. Time Utility - Place Utility - Quantity Utility






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






15. Influencing the order - order execution






16. Transportation Management System






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






18. Procurement and Manufacturing - value adding activities






19. Reliability - Responsiveness - Flexibility - Cost - Assets






20. Deregulation: Transportation - Communications - and Financial Institutions






21. Distribution Requirement Planning






22. 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






23. Delivered Duty Paid






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






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






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






27. 24/7 connection. Fast - accessible - consumers become aware of shipping cycles.






28. 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.






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






30. Canada - China - Mexico






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






32. Electrical Machinery - Power Generation Equipment.






33. Time - Quality - Cost - Supporting Metrics






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






35. 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).






36. 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






37. Primarily created through the basic marketing activities related to the promotion of products and services -






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






39. Value added to goods through a manufacturing or assembly process.






40. Influences product availability






41. Free On Board






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. Fast - high rate






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






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






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






47. Cost and Freight






48. Challenge is to evaluate and successfully implement the technology






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






50. Enlightened - Educated - easy access to Internet