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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. A carrier or public facility where freight (or passengers) is shifted between vehicles or modes.
reconsignment
allocating
bonded storage
terminal
2. Occurs when the shipper notifies the carrier - prior to the shipment's arrival in the destination city - of a change in destination.
industry systems analysis
diversion
GIS (Graphical Information Systems)
commodity rate
3. A strategic orientation in which traditional logistics activities are managed as a value-added system.
process strategy
OSHA (Occupational Safety and Health Administration)
international freight forwarders
TEU
4. The management of the various activities associated with the order cycle.
import quotas
order management
order transmittal
quality-of-life considerations
5. Having products available where they are needed by customers.
place utility
FOB destination - freight prepaid and charged back
LIS
product recall
6. The time from when the seller receives an order until an appropriate location is authorized to fill the order.
letter of credit
building-blocks concept
order delivery
order processing
7. Numbers assigned to various types of freight - based mainly on the carrier's costs of handling that type of product - and - along with weight and distance - used as a basis for determining the costs of shipment.
part-to-picker system
FOB origin - freight prepaid and charged back
demand management
classification
8. The time from when the customer places or sends the order to when the seller receives it.
order transmittal
data
GDP
TOFC
9. A long-term arrangement between a shipper and another party to provide logistics services.
inventory turnover
contract logistics
global procurement (sourcing)
demurrage
10. Money paid before an exchange.
bribes
export packers
SCOR (Supply-Chain Operations Reference Model)
terminal
11. A firm must move operations to another facility to better serve suppliers or customers.
facility relocation
international freight forwarders
delivery window
amodal shipper
12. Assemble small shipments into a single - larger shipment.
Operational (planning time horizon)
ISO 9000
shipping conferences
consolidate
13. Transportation service that is supplemental to line-haul transportation.
waste materials
shipper's letter of instruction (SLI)
BOL
accessorial service
14. Software packages that control the movement and storage of materials within a warehousing facility.
WMS (Warehouse Management Systems)
centralized logistics organization
international freight forwarders
terms of sale
15. Occurs in delivered pricing when a buyer pays an excessive freight charge calculated into the price of the goods.
export management company
pipeline (in-transit) stock
phantom freight
free (foreign) trade zone
16. Compares actual experience to the expected experience and if the actual experience equals or exceeds the expected experience - then the customer is satisfied.
mass logistics
customer satisfaction
order processing
transaction processing system
17. Established in the late 1980s to recognize U.S. organizations for their achievements in quality and performance.
Malcolm Baldrige National Quality Award
form utility
empowerment zone
decentralized logistics organization
18. Flatboard boat used to transport heavy products.
barge
cube out
inventory
delivery window
19. Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged.
GDP
dunnage
tariffs
form utility
20. 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.
relevancy
public warehousing
third-party logistics (logistics outsourcing)
information (channel) strategy
21. A warehouse with an emphasis on quick throughput - such as is needed in supporting marketing efforts.
concealed damage
obsolete materials
facility closing
distribution center
22. Being out of an item at the same time there is a willing buyer for it.
make-to-order
stockout
RFID (radio-frequency identification)
push inventory system
23. Having products available when they are needed by customers.
cost trade-offs
FOB origin pricing
time utility
Bill of Lading
24. Considers a shipment's density (the amount of space occupied relative to weight) to determine a shipment's billable weight.
piggyback transportation
barge
inventory shrinkage
dimensional (dim) weight
25. Facilitators that make the channel function better.
Application-specific software
pipeline (in-transit) stock
facility closing
channel intermediaries
26. Refers to communication without cables and cords - and includes infrared - microwave - and radio transmissions.
wireless communication
transponders
cross-docking
pipeline (in-transit) stock
27. Refers to logistical activities associated with goods that move across national boundaries.
third-party logistics (logistics outsourcing)
kickbacks
fixed slot location
international logistics
28. A framework that identifies eight relevant processes - such as customer relationship management - demand management - and order fulfillment - associated with supply chain management.
VMI (vendor-managed inventory)
GSCF model
free (foreign) trade zone
center-of-gravity approach
29. Prohibition of trade between particular countries.
materials management
suboptimization
embargoes
responsiveness
30. In transportation - a small quantity or small package.
aperless warehousing
parcel
delivery window
warehousing
31. Facts or recorded measures of certain phenomena.
productivity
data
market strategy
order processing
32. Refers to the fact that more items are recorded entering than leaving warehouse facilities.
sweatshops
shrink-wrap
empowerment zone
inventory shrinkage
33. Refers to the amount of product entering and leaving a facility in a given time period.
ERP (Enterprise Resource Planning system)
JIT (Just-in-time) approach
throughput
SCOR (Supply-Chain Operations Reference Model)
34. Changes to one logistics activity cause some costs to increase and others to decrease.
slip sheet
cost trade-offs
systems approach
Consignor
35. Refers to software that has been developed for managers to deal with specifics logistics functions or activities (e.g. transportation management systems)
variable slot location
routing
Application-specific software
accessorial service
36. 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.
process strategy
inventory tax
systems analysis
accessorial service
37. The orderly and planned observation of one or more segments in the logistics network or supply chain.
piggyback transportation
systems analysis
short-interval scheduling
LSP (Logistics Service Provider)
38. The elapsed time from when an order is picked up by a transportation carrier until it is received by the customer.
GIS (Graphical Information Systems)
transit time
draft
inventory turnover
39. A cartel consisting of nearly all the world's scheduled international airlines.
inventory tax
inventory carrying (holding) costs
International Air Transport Association (IATA)
make-to-order
40. Refers to systems that consider the return flow of products - their reuse - and the marketing and distribution of recovered products.
centralized logistics organization
safety (buffer) stock
closed-loop systems
sweatshops
41. Storage of finished product and movement to the customers.
package testing
FOB destination (delivered) pricing
cost trade-offs
physical distribution
42. A process for returning a customer to a state of satisfaction after a service or product has failed to live up to expectations.
seamless distribution
associative forecasting
service recovery
density
43. Retailers that are characterized by large market share and low prices.
barge
unified logistics structure
information
power retailer
44. An approach for locating a single facility that minimizes the distance to existing facilities.
center-of-gravity approach
Malcolm Baldrige National Quality Award
systems analysis
bar-code scanners
45. Measurement that ensures conformity with an organization's policies - procedures - or standards.
control
shipper's letter of instruction (SLI)
shipping conferences
cycle (base) stock
46. The seller pays the freight charges in advance but bills the buyer for them. The buyer owns the goods in transit.
landed costs
FOB origin - freight prepaid and charged back
short sea shipping
stockout
47. Logistics Information System
tom miles
field warehousing
pilferage
LIS
48. Damage that is not initially apparent but is discovered after a package is opened.
investment recovery
concealed damage
Consignee
package testing
49. Inventory is replenished with a set quantity every time it is ordered; the time interval between orders may vary.
regrouping function
data
kickbacks
fixed order quantity system
50. A technique that seeks to better understand the cost of a product by identifying what activities drive particular costs.
economic utility
package testing
ABC (Activity-based costing)
order picking and assembly