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Test your basic knowledge |
Logistics Vocab
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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. Refers to software that has been developed for managers to deal with specifics logistics functions or activities (e.g. transportation management systems)
expediting
Incoterms 2000
Application-specific software
load center
2. Piggyback traffic - or loading truck trailers onto rail flatcars.
picker-to-part system
JIT (Just-in-time) approach
TOFC (trailer on flatcar)
parcel
3. Twenty-foot equivalent unit; a measure of the number of 20-foot containers that are used or handled.
TEU
partial systems analysis
carrier
International Air Transport Association (IATA)
4. The number of times an inventory is used or replaced each year.
pallet (skid)
unitization
inventory turnover
tailored logistics
5. A long-term arrangement between a shipper and another party to provide logistics services.
contract logistics
perfect order
facility location
tom miles
6. Refers to a combination of water transportation and surface transportation between an origin and destination port.
supply chain collaboration
land bridge
economic utility
International Air Transport Association (IATA)
7. Conformance to mutually agreed upon requirements.
order fill rate
quality
theft
VMI (vendor-managed inventory)
8. The use of speech to guide order-picking activities.
landed costs
process strategy
voice-based order picking
back order
9. Inventory that is held in addition to cycle stock to guard against uncertainties in supply and/or lead time.
terminal
fast supply chain
safety (buffer) stock
pipeline (in-transit) stock
10. Refers to the allocation of revenues and costs to customer segments or individual customers to calculate the profitability of the segments or customers.
CPA (Customer profitability analysis)
ERP (Enterprise Resource Planning system)
OSHA (Occupational Safety and Health Administration)
responsiveness
11. The elapsed time from when an order is picked up by a transportation carrier until it is received by the customer.
transit time
speculative stock
Consignee
cause and effect forecasting
12. Provide effective ways to process personal and organizational business data - to perform calculations - and to create documents.
quality-of-life considerations
office automation systems
GDP
benchmarking
13. Requires a certain percentage of traffic to move on a nation's flag vessels.
centralized logistics organization
multiclient warehousing
cargo preference
responsiveness
14. Short- to medium-term horizon - Six-month to one-year (plus) time-span - Subsystem decisions are made - - should not impose on other logistics components - Annual budgets provide finance/cost basis - The strategic plan detail is made into an operatio
field warehousing
order fill rate
Tactical (planning time horizon)
flags of convenience
15. Helps managers make decisions by providing information - models - or analysis tools.
warehousing
shipper's export declaration (SED)
DSS (Decision support system)
fixed slot location
16. A long-term arrangement between a shipper and another party to provide logistics services that is characterized by relational focus - a focus on mutual benefits - and the availability of customized offerings.
freight forwarder
third-party logistics (logistics outsourcing)
demand management
expediting
17. Computer-to-computer transmission of business data in a structured format.
quality-of-life considerations
Nonvessel-operating common carrier (NVOCC)
fixed slot location
EDI (Electronic Data Interchange)
18. All activities associated with the flow and transformation of goods from the raw material stage - through to the end user - as well as the associated information flows.
contract logistics
supply chain
Application-specific software
part-to-picker system
19. A facility temporarily established at the site of inventory; the warehouser assumes custody of the inventory and issues a receipt for it - which can then be used as collateral for a loan.
comprehensive systems analysis
systems approach
field warehousing
in bond
20. Inventories that are used or distributed together (e.g. razor blades and razors).
diversion
communication system
perfect order
complementary products
21. These are material that have been spoiled - broken - or otherwise rendered unfit for further use or reclamation.
intramodal competition
complementary products
waste materials
demand management
22. Companies that specialize in providing various types of logistics services.
market strategy
LSP (Logistics Service Provider)
bar-code scanners
SKU (stock-keeping unit)
23. The management of the various activities associated with the order cycle.
field warehousing
International Air Transport Association (IATA)
Malcolm Baldrige National Quality Award
order management
24. The distance between the inner sides of two parallel rail tracks.
hazardous materials
rail gauge
comprehensive systems analysis
wireless communication
25. A common credential that will be used to identify workers across all modes of transportation.
in bond
shrink-wrap
safety (buffer) stock
TWIC (Transportation Worker Identification Credential)
26. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.
DSS (Decision support system)
contract carrier
Maquiladora
weighing out
27. Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged.
responsiveness
weight-losing product characteristics
dunnage
Strategic (planning time horizon)
28. The documents associated with transportation shipments.
parcel
safety (buffer) stock
cube out
documentation
29. A document used in cross-border trade that summarizes the entire transaction and contains key information such as a description of the goods - terms of sale and payments - and so on.
international freight forwarders
TEU
dunnage
commercial invoice
30. Costs to seller when it is unable to supply an item to a customer ready to buy.
Bill of Lading
FOB origin - freight prepaid
stockout cost
ergonomics
31. Refers to choosing the locations for distribution centers - warehouses - and production facilities to facilitate logistical effectiveness and efficiency.
facility location
freight forwarder
LIS
weighted center-of-gravity approach
32. Characterized by variability in demand orders among supply chain participants.
bribes
'C-level' position
bullwhip effect
GDP
33. An intermediary that oversees the efficient movement of importers' goods (and accompanying paperwork) through customs and other inspection points.
customer satisfaction
third-party logistics (logistics outsourcing)
customs broker
fast supply chain
34. A transportation manager who purchases a prespecified level of transportation service and is indifferent to the mode(s) or carrier(s) used to provide the actual transportation service.
exempt carrier
terminal
Operational (planning time horizon)
amodal shipper
35. Locations that contain chemicals or other types of industrial wastes.
FOB origin - freight collect
brownfields
variable slot location
order picking and assembly
36. Refers to removing impediments to the flow of information and goods.
field warehousing
seamless distribution
theft
accumulating
37. Considers a shipment's density (the amount of space occupied relative to weight) to determine a shipment's billable weight.
fixed order quantity system
JIT (Just-in-time) approach
private carrier
dimensional (dim) weight
38. A major port where thousands of containers arrive and depart per week. These ports specialize in the efficient handling of containers.
load center
bullwhip effect
dimensional (dim) weight
Malcolm Baldrige National Quality Award
39. Transport products that are ground into a powder - mixed with water - and then shipped in slurry form through a pipeline.
multiclient warehousing
FOB origin pricing
slurry systems
common carrier
40. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.
marginal analysis
total cost approach
excess (surplus) materials
order delivery
41. Truck trailers of flatcars.
TOFC
concealed damage
Consignee
data
42. Separating products into grades and qualities desired by different target markets.
sorting
industry systems analysis
bonded storage
FOB origin - freight prepaid
43. Positive - long-term relationships between supply chain participants.
partnerships
GPS (Global positioning systems)
materials handling
LSP (Logistics Service Provider)
44. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.
bulk-making
agile supply chain
information (channel) strategy
short sea shipping
45. Materials used for the containment - protection - handling - delivery - and presentation of goods.
GIS (Graphical Information Systems)
freight forwarder
fixed order interval system
packaging
46. Packaging tapered articles inside each other to reduce the cubic volume of the entire shipment.
nesting
communication system
process strategy
DSS (Decision support system)
47. An order picker goes to where the product is located (e.g. - a forklift).
picker-to-part system
perfect order
slurry systems
contract carrier
48. The receiver of a shipment.
Consignee
brownfields
GDP
contract logistics
49. Terms of sale for international transactions that represent - from the seller's viewpoint - the different locations - or stages - for quoting a price to an overseas buyer.
hazardous materials
data mining
Incoterms 2000
rail gauge
50. Companies whose primary business is other than transportation provide their own transportation service by operating truck - railcars - barges - ships - or airplanes.
fourth-party logistics (lead logistics provider)
seamless distribution
private carrier
perfect order