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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. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.
load center
centralized logistics organization
marginal analysis
place utility
2. Truck trailers on flatcars - also referred to as TOFC.
inventory shrinkage
piggyback transportation
logistics information system
short sea shipping
3. The use of speech to guide order-picking activities.
voice-based order picking
nontariff barriers
seamless distribution
wireless communication
4. Logistics activities are managed in multiple departments throughout an organizations.
CPA (Customer profitability analysis)
mass logistics
fragmented logistics structure
WMS (Warehouse Management Systems)
5. Requires a certain percentage of traffic to move on a nation's flag vessels.
order processing
LIS
cargo preference
density
6. Includes all activities from when an appropriate location is authorized to fill an order until goods are loaded aboard an outbound carrier.
order picking and assembly
distribution center
fixed order interval system
packaging
7. Packaging tapered articles inside each other to reduce the cubic volume of the entire shipment.
class rate system
global procurement (sourcing)
nesting
line-haul
8. An inventory system that responds to actual (rather than forecasted) customer demand.
inventory flow diagram
electronic commerce
order management
pull inventory system
9. State laws that specify that a worker does not have to join the union to work permanently at a facility.
intermodal competition
cycle (base) stock
right-to-work laws
push inventory system
10. Refers to ships that register in nations that have lax maritime registration rules - particularly with respect to safety requirements.
letter of credit
quality-of-life considerations
information (channel) strategy
flags of convenience
11. Unused available space.
mass logistics
excess capacity
economic utility
p-cards (procurement cards)
12. The delay of value-added activities such as assembly - production - and packaging to the latest possible time.
postponement
expatriate workers
order delivery
relationship management
13. A process where product is received in a facility - occasionally married with product going to the same destination - then shipped at the earliest opportunity - without going into long-term storage.
cross-docking
draft
supply chain collaboration
facility closing
14. Refers to a combination of water transportation and surface transportation between an origin and destination port.
third-party logistics (logistics outsourcing)
exempt carrier
parcel
land bridge
15. The cost of giving up an alternative opportunity.
DSS (Decision support system)
system security
GSCF model
opportunity costs
16. According to the Council of Supply Chain Management Professionals (CSCMP) - that part of supply chain management that plans - implements - and controls the efficient - effective forward and reverse flow and storage of goods - services - and rel
relationship management
system constraints
multiclient warehousing
logistics
17. The buyer pays the freight charges when the goods arrive - and the seller owns the goods while they are in transit.
form utility
facility location
demurrage
FOB destination - freight collect
18. Logistics Information System
excess capacity
stockout cost
LIS
transponders
19. In international trade - a firm that provides carrier services to shippers but owns no vessels itself.
Nonvessel-operating common carrier (NVOCC)
Container Security Initiative (CSI)
shipper's export declaration (SED)
shippers' associations
20. 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.
GPS (Global positioning systems)
waste materials
back order
scrap materials
21. 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.
bonded storage
contract (third-party) warehousing
ISO 9000
parcel
22. The seller pays the freight charges in advance but bills the buyer for them. The buyer owns the goods in transit.
free (foreign) trade zone
demurrage
diversion
FOB origin - freight prepaid and charged back
23. Price of the product at its source plus transportation costs to its destination.
embargoes
FOB destination - freight prepaid and charged back
landed costs
bonded storage
24. A return trip or movement in a direction of secondary importance or purpose.
backhaul
marginal analysis
logistics
supplier development (reverse marketing)
25. A system that simplifies each of the three primary rate factors - product - weight - and distance.
TOFC (trailer on flatcar)
transaction processing system
class rate system
theft
26. Plastic wrapping that when heated shrinks in size to form a cover over the product.
commercial invoice
shrink-wrap
kickbacks
flexibility
27. Elapsed time between a customer places an order and when the goods are received.
waste materials
inventory
order cycle
GPS (Global positioning systems)
28. Transportation carrier that has agreed to serve the general public and assumes four legal obligations: service - delivery - reasonable rates - and avoidance of discrimination.
back order
systems approach
Container Security Initiative (CSI)
common carrier
29. Storage of finished product and movement to the customers.
economic utility
physical distribution
suboptimization
ISO 9000
30. System that attempts enterprisewide coordination of relevant business processes by allowing (conceptually - at least) all functional areas within a firm to access and analyze a common database.
ERP (Enterprise Resource Planning system)
wireless communication
unit load
bonded storage
31. Combining smaller packages into larger unites that can be more efficiently handled at one time.
cross-docking
distribution center
system constraints
building-blocks concept
32. An organization's ability to address unexpected operational situations.
broker
CPFR (Collaborative planning - forecasting - and replenishment)
flexibility
tom miles
33. Seeks to minimize inventory by reducing (if not eliminating) safety stock - as well as having the required amount of materials arrive at the production location at the exact time they are needed.
routing
public warehousing
service recovery
JIT (Just-in-time) approach
34. Inventory is replenished with a set quantity every time it is ordered; the time interval between orders may vary.
fixed order quantity system
cycle (base) stock
Maquiladora
partial systems analysis
35. A specific rate for every possible combination of product - weight - and distance.
systems approach
commodity rate
hazardous materials
routing guide
36. Emphasizes a speed or time component.
barge
contract logistics
fast supply chain
partial systems analysis
37. A one-size-fits-all approach in which every customer gets the same type and levels of logistics service.
mass logistics
C-TPAT (Customs Trade Partnership Against Terrorism)
weight-losing product characteristics
WMS (Warehouse Management Systems)
38. Terminal-to-terminal movement of freight or passengers.
theft
intermodal transportation
safety (buffer) stock
line-haul
39. Companies that specialize in providing various types of logistics services.
contract (third-party) warehousing
Tactical (planning time horizon)
LSP (Logistics Service Provider)
bulk-making
40. Inventory is replenished on a constant - set schedule and is always ordered at a specific time; the quantity ordered varies depending on forecasted sales before the next order date.
accessorial service
fixed order interval system
push inventory system
pilferage
41. Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged.
dunnage
certificate of origin
sorting
brownfields
42. Specifies the country(ies) in which a product is manufactured.
pipeline (in-transit) stock
certificate of origin
marginal analysis
fixed order interval system
43. An individual or firm in the business of carrying cargo or passengers.
mass logistics
warehousing
order management
carrier
44. Refers to software that has been developed for managers to deal with specifics logistics functions or activities (e.g. transportation management systems)
customer service
cross-docking
Application-specific software
shipper's export declaration (SED)
45. These help various stake-holders to work together by interacting and sharing information in many different forms.
cross-docking
form utility
communication system
bulk cargo
46. Twenty-foot equivalent unit; a measure of the number of 20-foot containers that are used or handled.
TEU
packaging
economic utility
LSP (Logistics Service Provider)
47. Assumes that one or more factors are related to demand - and the relationship between cause and effect can be used to estimate future demand.
cause and effect forecasting
perfect order
control
opportunity costs
48. A small platform (made of plastic - steel - or wood) on which goods are placed for handling by mechanical means.
Application-specific software
physical distribution
pallet (skid)
dead inventory (stock)
49. These are material that have been spoiled - broken - or otherwise rendered unfit for further use or reclamation.
goods in transit
short sea shipping
waste materials
weighing out
50. Established in the late 1980s to recognize U.S. organizations for their achievements in quality and performance.
Malcolm Baldrige National Quality Award
CPFR (Collaborative planning - forecasting - and replenishment)
unit load devices
EDI (Electronic Data Interchange)