SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Logistics Vocab
Start Test
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. Refers to removing impediments to the flow of information and goods.
batch number
GPS (Global positioning systems)
seamless distribution
VMI (vendor-managed inventory)
2. General contractor that ensures that third-party logistics companies are working toward relevant supply chain goals and objectives.
free (foreign) trade zone
fourth-party logistics (lead logistics provider)
reverse logistics
allocating
3. 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.
order transmittal
demand management
industry systems analysis
closed-loop systems
4. The seller pays the freight charges in advance but bills the buyer for them. The buyer owns the goods in transit.
systems analysis
FOB origin - freight prepaid and charged back
quality-of-life considerations
containers
5. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.
shipper's letter of instruction (SLI)
fixed slot location
time series forecasting
maverick spending
6. The shipper of goods.
weight-gaining product characteristics
inventory turnover
Consignor
system constraints
7. Elapsed time between a customer places an order and when the goods are received.
order cycle
freight bill
communication system
responsiveness
8. A U.S. federal agency that regulates workplaces to ensure the safety of workers.
expediting
inbound logistics
Six Sigma
OSHA (Occupational Safety and Health Administration)
9. A practice that emphasizes the virtual elimination of business errors that strives to achieve 3.4 defects - deficiencies - or errors per one million opportunities.
substitute products
Six Sigma
unitization
cause and effect forecasting
10. 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.
GIS (Graphical Information Systems)
export packers
order fill rate
third-party logistics (logistics outsourcing)
11. The depth in the water to which a vessel can be loaded.
draft
center-of-gravity approach
co-branding
electronic commerce
12. The percentage of orders that can be completely and immediately filled from existing stock.
FOB destination - freight prepaid
RFID (radio-frequency identification)
order fill rate
TOFC
13. Characterized by variability in demand orders among supply chain participants.
cause and effect forecasting
bullwhip effect
supply chain collaboration
systems analysis
14. The science that seeks to adapt work or working conditions to suit the abilities of the worker.
SCOR (Supply-Chain Operations Reference Model)
VMI (vendor-managed inventory)
ergonomics
systems approach
15. The buying and controlling of transportation services by either a shipper or consignee.
logistics information system
diversion
transportation management
order transmittal
16. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.
excess capacity
draft
TEU
agile supply chain
17. The orders to be picked are identified by lights placed on shelves or racks.
responsiveness
procurement (purchasing)
order delivery
pick-to-light technology
18. The time from when the seller receives an order until an appropriate location is authorized to fill the order.
embargoes
order processing
market strategy
inventory tax
19. Refer to materials that are not likely to ever be used by the organization that purchased it.
socially responsible procurement
obsolete materials
'C-level' position
inventory turnover
20. An inventory system that responds to actual (rather than forecasted) customer demand.
pull inventory system
terminal
package testing
pipeline (in-transit) stock
21. 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.
order delivery
classification
judgmental forecasting
fixed slot location
22. The orderly and planned observation of one or more segments in the logistics network or supply chain.
Consignor
systems analysis
embargoes
draft
23. Storage of finished product and movement to the customers.
physical distribution
bulk-breaking
demand management
free (foreign) trade zone
24. The buyer pays freight charges and owns the goods in transit. This is the most common FOB origin term.
FOB origin - freight collect
reconsignment
batch number
inventory carrying (holding) costs
25. Groups of customers with similar logistical needs and wants are provided with logistics service appropriate to those needs and wants.
tailored logistics
terms of sale
International Air Transport Association (IATA)
inventory carrying (holding) costs
26. Organizations that exploit workers and that do not comply with fiscal and legal obligations toward employees.
sweatshops
agile supply chain
nodes
economic utility
27. The seller owns the goods in transit - prepays the freight charges - and bills the buyer for the freight charges.
economic utility
FOB destination - freight prepaid and charged back
Strategic (planning time horizon)
contract logistics
28. 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.
demurrage
logistics
routing
TOFC (trailer on flatcar)
29. Products are produced after receiving a customer order.
inventory shrinkage
warehousing
Application-specific software
make-to-order
30. Retailers that are characterized by large market share and low prices.
detention
tom miles
shipping conferences
power retailer
31. 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.
GDP
carrier
order cycle
JIT (Just-in-time) approach
32. Transportation carrier that has agreed to serve the general public and assumes four legal obligations: service - delivery - reasonable rates - and avoidance of discrimination.
EDI (Electronic Data Interchange)
nodes
common carrier
order delivery
33. An international logistics specialist that custom packs shipments when the exporter lacks the equipment or expertise to do so itself.
in bond
supplier parks
ABC (Activity-based costing)
export packers
34. Money paid before an exchange.
freight forwarder
cargo preference
bribes
terms of payment
35. An organization maintains a single logistics department that administers the related activities for the entire company from the home office.
short sea shipping
expediting
centralized logistics organization
FOB destination (delivered) pricing
36. Inventory is replenished with a set quantity every time it is ordered; the time interval between orders may vary.
fixed order quantity system
data mining
international logistics
stockout cost
37. Logistics activities are managed in multiple departments throughout an organizations.
transit time
short-interval scheduling
landed costs
fragmented logistics structure
38. Companies whose primary business is other than transportation provide their own transportation service by operating truck - railcars - barges - ships - or airplanes.
reverse logistics
private carrier
third-party logistics (logistics outsourcing)
inventory shrinkage
39. Refers to a situation in which a hazard or defect is discovered in a manufactured or processed item - and its return is mandated by a government agency.
GPS (Global positioning systems)
TWIC (Transportation Worker Identification Credential)
judgmental forecasting
product recall
40. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.
rail gauge
marginal analysis
facility relocation
Consignor
41. Refers to a combination of water transportation and surface transportation between an origin and destination port.
communication system
land bridge
carrier
certificate of origin
42. A framework that identifies eight relevant processes - such as customer relationship management - demand management - and order fulfillment - associated with supply chain management.
bribes
nesting
EOQ (Economic Order Quanitity)
GSCF model
43. Assemble small shipments into a single - larger shipment.
consolidate
partial systems analysis
marginal analysis
cargo preference
44. Global Supply Chain Forum
complementary products
ABC analysis
time utility
GSCF
45. Similar to diversion - but it occurs after the shipment has arrived in the destination city.
p-cards (procurement cards)
shrink-wrap
hazardous materials
reconsignment
46. Factors in the system that cannot be changed for various reasons.
GSCF
system constraints
pure materials
cargo preference
47. The movement and storage of materials into a firm.
FOB origin - freight prepaid
freight claims
inbound logistics
postponement
48. Contains relevant export transaction data such as the transportation mode(s) - transaction participants - and description of what is being exported.
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
49. Are similar to credit cards for personal use - only p-cards are used for organizational purchases.
systems approach
p-cards (procurement cards)
routing
consolidate
50. A technique used to model the systems under study - typically using mathematical equations to represent relationships among components of a logistics system.
simulation
centralized logistics organization
information (channel) strategy
CPA (Customer profitability analysis)