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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. The management of the various activities associated with the order cycle.
order management
information
freight bill
mass logistics
2. Actual physical movement of goods and people between two points.
brownfields
form utility
transportation
pilferage
3. A small platform (made of plastic - steel - or wood) on which goods are placed for handling by mechanical means.
pallet (skid)
electronic procurement (e-procurement)
p-cards (procurement cards)
fixed order interval system
4. A body of facts in a format suitable for decision making.
routing guide
information
commodity rate
unit load
5. Transport products that are ground into a powder - mixed with water - and then shipped in slurry form through a pipeline.
co-branding
socially responsible procurement
supplier parks
slurry systems
6. A specific rate for every possible combination of product - weight - and distance.
supplier parks
classification
TWIC (Transportation Worker Identification Credential)
commodity rate
7. That part of a firm's logistics system that stores products at and between points of origin and point of consumption.
warehousing
SCOR (Supply-Chain Operations Reference Model)
Consignee
GSCF model
8. Products are produced prior to receiving a customer order.
make-to-stock
speculative stock
disintermediation
theft
9. Refers to the value or usefulness of a product in fulfilling customer needs and wants.
information (channel) strategy
bulk cargo
possession utility
economic utility
10. An inventory system that responds to actual (rather than forecasted) customer demand.
variable slot location
Six Sigma
goods in transit
pull inventory system
11. Having products available where they are needed by customers.
place utility
inventory carrying (holding) costs
terminal
Malcolm Baldrige National Quality Award
12. Using measures of another organization's performance to judge one's own performance.
benchmarking
third-party logistics (logistics outsourcing)
part-to-picker system
DOT (Department of Transportation)
13. Taxes that governments place on the importation of certain items.
fourth-party logistics (lead logistics provider)
tariffs
slip sheet
tailored logistics
14. Facilitators that make the channel function better.
information (channel) strategy
transaction processing system
channel intermediaries
benchmarking
15. Facts or recorded measures of certain phenomena.
data
on-demand software
suboptimization
transponders
16. Prohibition of trade between particular countries.
embargoes
shipper's letter of instruction (SLI)
supplier development (reverse marketing)
voice-based order picking
17. Refers to ships that register in nations that have lax maritime registration rules - particularly with respect to safety requirements.
seamless distribution
flags of convenience
data mining
public warehousing
18. Contains relevant export transaction data such as the transportation mode(s) - transaction participants - and description of what is being exported.
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19. Analysis that is performed by a trade association - professional organization - or other entity - on a industry wide basis.
logistics
bar-code scanners
C-TPAT (Customs Trade Partnership Against Terrorism)
industry systems analysis
20. Strategic - Tactical - Operational
order picking and assembly
The major functions of the different planning time horizons
decentralized logistics organization
terminal
21. Retail industry initiative where trading partners share planning and forecasting data to better match supply and demand.
market strategy
facility location
CPFR (Collaborative planning - forecasting - and replenishment)
freight forwarder
22. An order that simultaneously achieves relevant customer metrics.
perfect order
building-blocks concept
private warehousing
routing guide
23. Are similar to credit cards for personal use - only p-cards are used for organizational purchases.
p-cards (procurement cards)
ROP (reorder point)
slip sheet
FOB destination - freight prepaid and charged back
24. A product that loses weight during the production process; the processing point as near to its origin as possible.
weight-losing product characteristics
theft
delivery window
comprehensive systems analysis
25. Organizations that exploit workers and that do not comply with fiscal and legal obligations toward employees.
sweatshops
class rate system
warehousing
control
26. Refer to the manner by which a seller will be paid by a buyer for an international transaction.
order processing
accumulating
order fill rate
terms of payment
27. A framework that identifies eight relevant processes - such as customer relationship management - demand management - and order fulfillment - associated with supply chain management.
TWIC (Transportation Worker Identification Credential)
quality
GSCF model
make-to-stock
28. One location where customers can purchase products from two or more name-brand retailers.
EDI (Electronic Data Interchange)
pilferage
co-branding
freight bill
29. Refers to the value or usefulness that comes from a customer being able to take possession of a product.
CPFR (Collaborative planning - forecasting - and replenishment)
inventory turnover
maverick spending
possession utility
30. Employee theft.
make-to-order
land bridge
pilferage
terms of sale
31. The time from when the customer places or sends the order to when the seller receives it.
supply chain
JIT (Just-in-time) approach
order transmittal
reverse auctions
32. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.
control
ABC (Activity-based costing)
stockout cost
time series forecasting
33. The receiver of a shipment.
shippers' associations
ISO 9000
benchmarking
Consignee
34. Collects and stores information about transactions and may also control some aspects of transactions.
reverse auctions
slip sheet
bribes
transaction processing system
35. The creation across the supply chain and its markets of coordinated flow of demand. The three basic types of forecasting models are: 1-judgmental - 2-time series - 3-cause and effect.
socially responsible procurement
inventory tax
fixed order quantity system
demand management
36. Employees who are sent to other countries for extended periods of time.
VMI (vendor-managed inventory)
expatriate workers
STB (Surface Transportation Board)
freight claims
37. Gross domestic product
GDP
Application-specific software
package testing
inventory turnover
38. Twenty-foot equivalent unit; a measure of the number of 20-foot containers that are used or handled.
TEU
ABC analysis
order transmittal
cube out
39. The seller pays the freight charges and also owns the goods in transit. The is what is generally referred to as FOB destination pricing.
voice-based order picking
FOB destination - freight prepaid
draft
OSHA (Occupational Safety and Health Administration)
40. A program in which public and private organizations work together to prevent terrorism against the United States through imports and transportation.
weight-losing product characteristics
judgmental forecasting
C-TPAT (Customs Trade Partnership Against Terrorism)
The major functions of the different planning time horizons
41. A measure of how heavy a product is in relation to its size.
export management company
suboptimization
density
Consignor
42. A framework that identifies five key processes - plan - source - make - deliver - return - associated with supply chain management.
Malcolm Baldrige National Quality Award
containers
SCOR (Supply-Chain Operations Reference Model)
EOQ (Economic Order Quanitity)
43. In transportation - a small quantity or small package.
short sea shipping
unit load devices
make-to-order
parcel
44. Taking and removing personal property with the intent to deprive the rightful owner of it.
theft
shipping conferences
associative forecasting
postponement
45. Plastic wrapping that when heated shrinks in size to form a cover over the product.
shrink-wrap
packaging
transit time
shippers' associations
46. The buyer pays the freight charges when the goods arrive - and the seller owns the goods while they are in transit.
FOB destination - freight collect
cargo preference
comprehensive systems analysis
fragmented logistics structure
47. Stocks of goods and materials that are maintained for many purposes.
contract (third-party) warehousing
aperless warehousing
scrap materials
inventory
48. Refers to choosing the locations for distribution centers - warehouses - and production facilities to facilitate logistical effectiveness and efficiency.
expediting
supply chain
facility location
ISO 9000
49. The most important single transportation document that is the operating document in the industry.
short sea shipping
FOB origin - freight prepaid
materials management
Bill of Lading
50. An inventory system that responds to forecasted (rather than actual) customer demand.
quality-of-life considerations
push inventory system
system constraints
Bill of Lading