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Test your basic knowledge |
Logistics Vocab
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Study First
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. Classifying orders according to pre-established guidelines so that a company can prioritize how orders should be filled.
industry systems analysis
DSS (Decision support system)
order triage
Bill of Lading
2. Bringing together inventory from different sources.
contract carrier
socially responsible procurement
rail gauge
bulk-making
3. Facts or recorded measures of certain phenomena.
data
bulk cargo
supply chain
GDP
4. Money paid before an exchange.
bribes
nesting
weighted center-of-gravity approach
physical distribution
5. A product that loses weight during the production process; the processing point as near to its origin as possible.
weight-losing product characteristics
investment recovery
customer satisfaction
supply management
6. A degree of aggressive procurement involvement not normally encountered in supplier selection.
ROP (reorder point)
product recall
supplier development (reverse marketing)
diversion
7. A system in which products are stored wherever there is empty space available in a warehouse.
tariffs
GIS (Graphical Information Systems)
variable slot location
logistics information system
8. Pricing that includes both the price of the product and the transportation cost of the product to the purchaser's receiving dock.
systems approach
data
FOB destination (delivered) pricing
system constraints
9. Refers to software that has been developed for managers to deal with specifics logistics functions or activities (e.g. transportation management systems)
expediting
ROP (reorder point)
barge
Application-specific software
10. Organizations that exploit workers and that do not comply with fiscal and legal obligations toward employees.
sweatshops
distribution center
voice-based order picking
import quotas
11. A program in which public and private organizations work together to prevent terrorism against the United States through imports and transportation.
pure materials
total cost approach
weight break
C-TPAT (Customs Trade Partnership Against Terrorism)
12. The shipper of goods.
rail gauge
Consignor
short-interval scheduling
certificate of origin
13. Electronic devices that read bar codes and can be used to keep track inventory - reorder inventory - and analyze inventory patterns.
economic utility
maverick spending
bar-code scanners
reverse auctions
14. An approach for locating a single facility that minimizes the distance to existing facilities.
routing
cause and effect forecasting
center-of-gravity approach
shipper's letter of instruction (SLI)
15. Inventory that is held for several reasons such as seasonal demand - projected price increases - and potential product shortages.
electronic commerce
industry systems analysis
private warehousing
speculative stock
16. Refers to employees who do not follow company guidelines about which suppliers to use in particular situations.
scrap materials
place utility
maverick spending
fast supply chain
17. A small device that responds to radio signals from an outside source.
diversion
transponders
private warehousing
office automation systems
18. A flat sheet of either fiberboard material or plastic that is placed under the unit load.
commodity rate
slip sheet
mass logistics
reverse auctions
19. Terms of sale for international transactions that represent - from the seller's viewpoint - the different locations - or stages - for quoting a price to an overseas buyer.
benchmarking
Incoterms 2000
supply management
accumulating
20. Cargo on which taxes or duties have yet to be paid. The owner must post a bond or use a bonded carrier or warehouse to guarantee that the materials will not be sold until the taxes or duties are paid.
in bond
pure materials
electronic commerce
throughput
21. The level of inventory at which a replenishment order is placed.
productivity
system constraints
expatriate workers
ROP (reorder point)
22. These help various stake-holders to work together by interacting and sharing information in many different forms.
TOFC (trailer on flatcar)
multiclient warehousing
SCM (Supply Chain Management)
communication system
23. In transportation - a small quantity or small package.
parcel
facility relocation
multiclient warehousing
total cost approach
24. Compares actual experience to the expected experience and if the actual experience equals or exceeds the expected experience - then the customer is satisfied.
commercial invoice
customer satisfaction
Operational (planning time horizon)
marginal analysis
25. Refers to the amount of product entering and leaving a facility in a given time period.
throughput
batch number
import quotas
flexibility
26. A firm must move operations to another facility to better serve suppliers or customers.
customer satisfaction
facility relocation
p-cards (procurement cards)
Application-specific software
27. An invoice submitted by a transportation carrier requesting to be paid.
tariffs
freight bill
FOB origin pricing
tailored logistics
28. Uses the internet to make it easier - faster - and less expensive for an organization to purchase goods and services.
partnerships
electronic procurement (e-procurement)
carrier
unit load
29. Considers a shipment's density (the amount of space occupied relative to weight) to determine a shipment's billable weight.
density
form utility
inventory turnover
dimensional (dim) weight
30. Movement and storage of raw materials - parts - and components within a firm.
hazardous materials
ergonomics
quality-of-life considerations
materials management
31. 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
DOT (Department of Transportation)
CPA (Customer profitability analysis)
ocean carrier alliances
32. Manufacturing plants that exist just south of the U.S.-Mexican border.
weight-gaining product characteristics
perfect order
Maquiladora
short-interval scheduling
33. Analysis that is performed by a trade association - professional organization - or other entity - on a industry wide basis.
data
FOB destination - freight prepaid
classification
industry systems analysis
34. A small platform (made of plastic - steel - or wood) on which goods are placed for handling by mechanical means.
LSP (Logistics Service Provider)
amodal shipper
pallet (skid)
electronic procurement (e-procurement)
35. Strategic - Tactical - Operational
concealed damage
The major functions of the different planning time horizons
FOB destination - freight collect
freight claims
36. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.
ergonomics
agile supply chain
fragmented logistics structure
broker
37. Short- to medium-term horizon - Six-month to one-year (plus) time-span - Subsystem decisions are made - - should not impose on other logistics components - Annual budgets provide finance/cost basis - The strategic plan detail is made into an operatio
stockout cost
SCOR (Supply-Chain Operations Reference Model)
Tactical (planning time horizon)
FOB origin - freight prepaid
38. The pick location is brought to the picker (e.g. - carousels).
part-to-picker system
SCM (Supply Chain Management)
supply chain
channel intermediaries
39. A major port where thousands of containers arrive and depart per week. These ports specialize in the efficient handling of containers.
load center
weighing out
diversion
carrier
40. In international trade - a firm that provides carrier services to shippers but owns no vessels itself.
Nonvessel-operating common carrier (NVOCC)
routing guide
SCM (Supply Chain Management)
time series forecasting
41. An inventory system that responds to actual (rather than forecasted) customer demand.
pull inventory system
tailored logistics
excess (surplus) materials
variable slot location
42. Global Supply Chain Forum
FOB origin - freight prepaid
materials handling
GSCF
supply chain
43. The process of determining how a shipment will be moved between consignor and consignee or between place of acceptance by the carrier and place of delivery to the consignee.
routing
substitute products
letter of credit
stowability
44. 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
data mining
logistics
SKU (stock-keeping unit)
possession utility
45. A U.S. federal agency that regulates workplaces to ensure the safety of workers.
OSHA (Occupational Safety and Health Administration)
certificate of origin
C-TPAT (Customs Trade Partnership Against Terrorism)
common carrier
46. Boxes or other containers secured to a pallet or slip sheet.
SKU (stock-keeping unit)
LSP (Logistics Service Provider)
push inventory system
unit load
47. Refers to the number of carriers within each mode.
disintermediation
batch number
intramodal competition
FOB destination - freight prepaid
48. Artificial intelligence - Sophisticated use of the computer in which it is programmed to 'think' as a trained - skilled human in specific situations.
bulk cargo
intermodal transportation
freight claims
AI
49. 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.
fixed order interval system
Incoterms 2000
contract carrier
judgmental forecasting
50. The movement and storage of materials into a firm.
inbound logistics
make-to-stock
mass logistics
power retailer