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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. Contains relevant export transaction data such as the transportation mode(s) - transaction participants - and description of what is being exported.
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2. Breaking larger quantities into smaller quantities.
AI
speculative stock
bulk-breaking
contract logistics
3. Occurs in delivered pricing when a buyer pays an excessive freight charge calculated into the price of the goods.
phantom freight
intermodal competition
transponders
electronic procurement (e-procurement)
4. The short-distance movement of material between two or more points.
waste materials
materials handling
economic utility
cube out
5. 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.
GPS (Global positioning systems)
commercial invoice
TWIC (Transportation Worker Identification Credential)
p-cards (procurement cards)
6. Conformance to mutually agreed upon requirements.
EOQ (Economic Order Quanitity)
tailored logistics
pure materials
quality
7. Locations that contain chemicals or other types of industrial wastes.
decentralized logistics organization
brownfields
relevancy
RFID (radio-frequency identification)
8. Electronic devices that read bar codes and can be used to keep track inventory - reorder inventory - and analyze inventory patterns.
bar-code scanners
ABC (Activity-based costing)
supply chain collaboration
The major functions of the different planning time horizons
9. Generates and uses few or no paper documents and relies on technology to accomplish the relevant tasks.
supply management
aperless warehousing
packaging
logistics
10. A uniform sealed reusable metal 'box' in which goods are shipped.
order management
containers
Operational (planning time horizon)
common carrier
11. The number of times an inventory is used or replaced each year.
agile supply chain
SCM (Supply Chain Management)
Tactical (planning time horizon)
inventory turnover
12. The elapsed time from when an order is picked up by a transportation carrier until it is received by the customer.
tracing
transit time
land bridge
data mining
13. Unused available space.
private carrier
Operational (planning time horizon)
Container Security Initiative (CSI)
excess capacity
14. Analogous to personal property taxes paid by individuals - and inventory tax is based on the value of inventory that is held by an organization on the assessment date.
tracing
inventory tax
customs broker
hazardous materials
15. Retail industry initiative where trading partners share planning and forecasting data to better match supply and demand.
building-blocks concept
WMS (Warehouse Management Systems)
third-party logistics (logistics outsourcing)
CPFR (Collaborative planning - forecasting - and replenishment)
16. A flat sheet of either fiberboard material or plastic that is placed under the unit load.
bulk-making
slip sheet
logistics information system
freight bill
17. The use of speech to guide order-picking activities.
parcel carriers
shrink-wrap
voice-based order picking
brownfields
18. A technique that seeks to better understand the cost of a product by identifying what activities drive particular costs.
shipper's letter of instruction (SLI)
ABC (Activity-based costing)
allocating
commodity rate
19. Utilizes sophisticated quantitative techniques to find hidden patterns in large volumes of data.
FOB origin - freight collect
commercial invoice
data mining
JIT (Just-in-time) approach
20. Refers to the fact that more items are recorded entering than leaving warehouse facilities.
STB (Surface Transportation Board)
weighted center-of-gravity approach
documentation
inventory shrinkage
21. Similar to diversion - but it occurs after the shipment has arrived in the destination city.
warehousing
make-to-order
stowability
reconsignment
22. Truck trailers on flatcars - also referred to as TOFC.
FOB destination (delivered) pricing
piggyback transportation
demand management
amodal shipper
23. An alternative name for airfreight containers.
inventory flow diagram
co-branding
unit load devices
concealed damage
24. A warehouse with an emphasis on quick throughput - such as is needed in supporting marketing efforts.
distribution center
stockout cost
FOB destination - freight prepaid
aperless warehousing
25. Materials that lose no weight in processing.
expatriate workers
parcel
on-demand software
pure materials
26. Identifies opportunities to recover revenues or reduce costs associated with scrap - surplus - obsolete - and waste materials.
relevancy
DOT (Department of Transportation)
nesting
investment recovery
27. Helps managers make decisions by providing information - models - or analysis tools.
dimensional (dim) weight
packaging
DSS (Decision support system)
transportation management
28. A product that loses weight during the production process; the processing point as near to its origin as possible.
weight-losing product characteristics
tailored logistics
procurement (purchasing)
transit time
29. Costs to seller when it is unable to supply an item to a customer ready to buy.
rail gauge
responsiveness
stockout cost
letter of credit
30. Refers to the amount of product entering and leaving a facility in a given time period.
reconsignment
package testing
throughput
customs broker
31. A system in which the size and timing of replenishment orders into a retailer's system are the manufacturer's responsibility.
bar-code scanners
Malcolm Baldrige National Quality Award
VMI (vendor-managed inventory)
piggyback transportation
32. A U.S. government agency with primary responsibility for regulating railroad pricing and service.
GDP
STB (Surface Transportation Board)
global procurement (sourcing)
JIT (Just-in-time) approach
33. Price of the product at seller's place of business. Buyer must arrange for transportation of the product from the seller's place of business.
FOB origin pricing
pure materials
tom miles
weight break
34. In transportation - a small quantity or small package.
parcel
fourth-party logistics (lead logistics provider)
throughput
right-to-work laws
35. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.
productivity
power retailer
voice-based order picking
agile supply chain
36. Terminal-to-terminal movement of freight or passengers.
line-haul
right-to-work laws
landed costs
warehousing
37. Combining smaller packages into larger unites that can be more efficiently handled at one time.
shrink-wrap
building-blocks concept
inbound logistics
waste materials
38. Being out of an item at the same time there is a willing buyer for it.
right-to-work laws
International Air Transport Association (IATA)
control
stockout
39. Refers to how easy a commodity is to pack into a load.
packaging
JIT (Just-in-time) approach
stowability
parcel carriers
40. Use satellites that allow companies to compute vehicle positions - velocity - and time.
International Air Transport Association (IATA)
backhaul
GPS (Global positioning systems)
SCM (Supply Chain Management)
41. Positive - long-term relationships between supply chain participants.
EOQ (Economic Order Quanitity)
shipper's letter of instruction (SLI)
relevancy
partnerships
42. The receiver of a shipment.
'C-level' position
transportation management
fixed slot location
Consignee
43. Goods moving between two points - often accompanied by a live bill of lading.
goods in transit
supplier parks
ABC (Activity-based costing)
materials handling
44. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.
Maquiladora
time series forecasting
voice-based order picking
commodity rate
45. A U.S. federal agency that regulates workplaces to ensure the safety of workers.
OSHA (Occupational Safety and Health Administration)
transportation
comprehensive systems analysis
terms of payment
46. Computer-to-computer transmission of business data in a structured format.
EDI (Electronic Data Interchange)
DSS (Decision support system)
inbound logistics
voice-based order picking
47. A degree of aggressive procurement involvement not normally encountered in supplier selection.
supplier development (reverse marketing)
Six Sigma
materials handling
partnerships
48. Retailers that are characterized by large market share and low prices.
building-blocks concept
make-to-order
delivery window
power retailer
49. For-hire carriers that have been exempted from economic regulation through provisions in various pieces of legislation.
information (channel) strategy
exempt carrier
terms of payment
short sea shipping
50. Refers to logistical activities associated with goods that move across national boundaries.
AI
FOB destination (delivered) pricing
rail gauge
international logistics