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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 warehousing situations where goods are not released until applicable fees are paid. As an example - Internal Revenue Service - bonded warehouses hold goods other federal taxes and fees collected.
ISO 9000
responsiveness
export management company
bonded storage
2. Inventory that is held for several reasons such as seasonal demand - projected price increases - and potential product shortages.
comprehensive systems analysis
tailored logistics
regrouping function
speculative stock
3. Refers to systems that consider the return flow of products - their reuse - and the marketing and distribution of recovered products.
quality-of-life considerations
aperless warehousing
pallet (skid)
closed-loop systems
4. The time span within which a scheduled delivery must be made.
delivery window
order management
order triage
facility closing
5. Unused available space.
data
private warehousing
excess capacity
The major functions of the different planning time horizons
6. Similar to the center-of-gravity locational approach - except that shipping volumes are also taken into account.
office automation systems
speculative stock
weighted center-of-gravity approach
density
7. Boxes or other containers secured to a pallet or slip sheet.
FOB destination - freight prepaid
consolidate
unit load
parcel carriers
8. The use of radio frequency to identify objects that have been implanted with an RFID tag.
GPS (Global positioning systems)
RFID (radio-frequency identification)
partnerships
quality-of-life considerations
9. A flat sheet of either fiberboard material or plastic that is placed under the unit load.
slip sheet
cost trade-offs
time series forecasting
shrink-wrap
10. A strategic orientation in which traditional logistics activities are managed as a value-added system.
landed costs
fixed order interval system
process strategy
contract (third-party) warehousing
11. For-hire carriers that have been exempted from economic regulation through provisions in various pieces of legislation.
pick-to-light technology
bar-code scanners
electronic procurement (e-procurement)
exempt carrier
12. Price of the product at its source plus transportation costs to its destination.
freight bill
Container Security Initiative (CSI)
international freight forwarders
landed costs
13. The level of inventory at which a replenishment order is placed.
shrink-wrap
electronic commerce
accumulating
ROP (reorder point)
14. Breaking larger quantities into smaller quantities.
comprehensive systems analysis
bulk-breaking
materials handling
FOB origin - freight prepaid and charged back
15. Money paid after an exchange.
shipping conferences
transponders
kickbacks
transportation management
16. A program in which public and private organizations work together to prevent terrorism against the United States through imports and transportation.
C-TPAT (Customs Trade Partnership Against Terrorism)
fourth-party logistics (lead logistics provider)
transaction processing system
bulk cargo
17. Satisfying current and emerging customer needs.
RFID (radio-frequency identification)
logistics
relevancy
SCOR (Supply-Chain Operations Reference Model)
18. An order picker goes to where the product is located (e.g. - a forklift).
weighted center-of-gravity approach
picker-to-part system
freight forwarder
International Air Transport Association (IATA)
19. Having products available when they are needed by customers.
fragmented logistics structure
contract carrier
time utility
FOB origin - freight collect
20. The seller owns the goods in transit - prepays the freight charges - and bills the buyer for the freight charges.
FOB destination - freight prepaid and charged back
export packers
electronic procurement (e-procurement)
systems analysis
21. Materials requested by a customer that are unavailable for shipment at the same time as the reminder of the order. They are usually shipped when available.
back order
fixed order quantity system
variable slot location
load center
22. Groups of customers with similar logistical needs and wants are provided with logistics service appropriate to those needs and wants.
tailored logistics
load center
facility relocation
inventory turnover
23. The delay of value-added activities such as assembly - production - and packaging to the latest possible time.
transaction processing system
postponement
comprehensive systems analysis
Nonvessel-operating common carrier (NVOCC)
24. Refers to waterborne transportation that utilizes inland and coastal waterways to move shipments from domestic ports to their destination.
stockout
short sea shipping
CPA (Customer profitability analysis)
detention
25. An international trade specialist that can handle either vessel shipments or air shipments and that offers a number of different functions such as booking space on carriers - obtaining consular documents - and arranging for insurance - among other
marginal analysis
international freight forwarders
parcel
supply chain
26. Companies that specialize in transporting parcels or small packages.
tariffs
order management
inventory
parcel carriers
27. The documents associated with transportation shipments.
inventory turnover
documentation
accumulating
information (channel) strategy
28. The degree to which an organization can accommodate unique or unplanned customer requests.
Maquiladora
back order
responsiveness
fourth-party logistics (lead logistics provider)
29. A specific rate for every possible combination of product - weight - and distance.
commodity rate
aperless warehousing
expediting
package testing
30. The percentage of orders that can be completely and immediately filled from existing stock.
flags of convenience
order fill rate
shipper's letter of instruction (SLI)
partial systems analysis
31. The management of the various activities associated with the order cycle.
variable slot location
stockout
order management
order fill rate
32. Locations that contain chemicals or other types of industrial wastes.
brownfields
expatriate workers
shipper's export declaration (SED)
ABC (Activity-based costing)
33. Firm the helps a domestic company become involved in foreign sales. They often locate foreign firms that can be licensed to manufacture the product in the foreign country.
disintermediation
economic utility
agile supply chain
export management company
34. Refers o cargo stowed loose - without specific packing - and generally handled with a pump - scoop - or shovel.
GIS (Graphical Information Systems)
ERP (Enterprise Resource Planning system)
bulk cargo
time series forecasting
35. The amount of output divided by the amount of input.
documentation
global procurement (sourcing)
productivity
batch number
36. Actual physical movement of goods and people between two points.
system constraints
ERP (Enterprise Resource Planning system)
transportation
international logistics
37. Use satellites that allow companies to compute vehicle positions - velocity - and time.
TWIC (Transportation Worker Identification Credential)
order triage
GPS (Global positioning systems)
slurry systems
38. The receiver of a shipment.
Consignee
maverick spending
fixed order quantity system
inventory
39. Each product is assigned a specific location in a warehouse and is always stored there.
bulk-making
fixed slot location
exempt carrier
global procurement (sourcing)
40. Similar to diversion - but it occurs after the shipment has arrived in the destination city.
inventory flow diagram
back order
reconsignment
ISO 9000
41. Refer to materials that are not likely to ever be used by the organization that purchased it.
weight-losing product characteristics
total cost approach
facility relocation
obsolete materials
42. Nonprofit membership cooperatives that perform basically the same function as freight forwarders.
43. Created by the U.S. Department of Housing and Urban Development to encourage business development-through various tax credits-in economically depressed portions of cities.
supplier development (reverse marketing)
pipeline (in-transit) stock
empowerment zone
materials handling
44. That part of a firm's logistics system that stores products at and between points of origin and point of consumption.
line-haul
warehousing
bulk-making
GSCF
45. The elapsed time from when an order is picked up by a transportation carrier until it is received by the customer.
detention
transit time
FOB origin - freight prepaid and charged back
delivery window
46. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.
commercial invoice
weighing out
freight forwarder
'C-level' position
47. Analysis that is performed by a trade association - professional organization - or other entity - on a industry wide basis.
bribes
back order
barge
industry systems analysis
48. Refers to the fact that more items are recorded entering than leaving warehouse facilities.
GSCF model
inventory shrinkage
shippers' associations
weight-losing product characteristics
49. A system that simplifies each of the three primary rate factors - product - weight - and distance.
freight bill
terminal
class rate system
supplier development (reverse marketing)
50. A strategic orientation where a diverse group of logistics activities - together with other activities - are managed as a channel system.
regrouping function
LSP (Logistics Service Provider)
information (channel) strategy
carrier