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. Management of materials in motion and at rest.






2. Transportation Management System






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






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


5. Marketing - Manufacturing/operations - Finance - Accounting






6. 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.






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






8. Relevant - Accurate - Accessible - Timely - Transferable






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






10. Partner






11. 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.


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






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






14. Measures cost and performance of activities.






15. Time Utility - Place Utility - Quantity Utility






16. 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.






17. Influences product availability






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






19. Canada - China - Mexico






20. Processes for developing and implementing successful relationship






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






22. The dual flow of Product/Services - Information - and Finances across the suppliers - distributors - manufacturers - wholesalers - and customers.






23. Order Fill Rate - Perfect Order






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






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






26. Enlightened - Educated - easy access to Internet






27. Customers trade partnership against terrorism






28. Free On Board






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






30. Return on Assets.






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






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






33. Critical part of global supply chains






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






35. Challenge is to evaluate and successfully implement the technology






36. Form Utility






37. Reduced complexity - reduced product life cycle - more volatility - organizational structures frequently change.






38. Sales and Order Processing






39. Current 1. WMS 2. Web-enabled communication 3. Visibility tools 4. TMS - Future 1. RFID 2. Collaboration tools 3. Supply chain planning and visibility tools






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






41. 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.






42. Time - Quality - Cost - Supporting Metrics






43. Free Alongside Ship






44. Producer to Store - servicing the customer






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






46. Time - Dependability - Communications - Convenience






47. 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






48. 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






49. Distribution Requirement Planning






50. Warehouse Management System