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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. Electronic devices that read bar codes and can be used to keep track inventory - reorder inventory - and analyze inventory patterns.
cost trade-offs
bar-code scanners
exempt carrier
variable slot location
2. Inventories that are used or distributed together (e.g. razor blades and razors).
investment recovery
allocating
complementary products
class rate system
3. U.S. federal government body with primary responsibility for transportation safety regulation.
DOT (Department of Transportation)
pure materials
Application-specific software
reconsignment
4. The percentage of orders that can be completely and immediately filled from existing stock.
Six Sigma
stowability
order fill rate
complementary products
5. The level of inventory at which a replenishment order is placed.
classification
nodes
disintermediation
ROP (reorder point)
6. Economic activity that can be conducted via electronic connections such as EDI and the internet.
electronic commerce
responsiveness
picker-to-part system
import quotas
7. The short-distance movement of material between two or more points.
import quotas
reconsignment
materials handling
customs broker
8. The seller pays the freight charges and also owns the goods in transit. The is what is generally referred to as FOB destination pricing.
wireless communication
DSS (Decision support system)
FOB destination - freight prepaid
free (foreign) trade zone
9. The shipment size that equates transportation charges for different rates and weight groups.
weight break
embargoes
seamless distribution
inventory
10. Breaking larger quantities into smaller quantities.
quality-of-life considerations
LIS
allocating
total cost approach
11. Compares actual experience to the expected experience and if the actual experience equals or exceeds the expected experience - then the customer is satisfied.
ABC analysis
customer satisfaction
systems analysis
warehouse
12. Refers o cargo stowed loose - without specific packing - and generally handled with a pump - scoop - or shovel.
process strategy
routing
cost trade-offs
bulk cargo
13. Storage of finished product and movement to the customers.
facility relocation
physical distribution
fixed order interval system
on-demand software
14. A flat sheet of either fiberboard material or plastic that is placed under the unit load.
slip sheet
BOL
FOB destination - freight prepaid
expediting
15. Locations that contain chemicals or other types of industrial wastes.
bulk-breaking
systems analysis
building-blocks concept
brownfields
16. State laws that specify that a worker does not have to join the union to work permanently at a facility.
supplier development (reverse marketing)
right-to-work laws
customer service
rail gauge
17. The time from when a transportation carrier picks up the shipment until it is received by the customer.
package testing
speculative stock
fixed slot location
order delivery
18. System that attempts enterprisewide coordination of relevant business processes by allowing (conceptually - at least) all functional areas within a firm to access and analyze a common database.
multiclient warehousing
ERP (Enterprise Resource Planning system)
shipper's letter of instruction (SLI)
draft
19. Concept that suggests that all relevant activities in moving and storing products should be considered as a whole (i.e. - their total cost) - not individually.
make-to-stock
unified logistics structure
assorting
total cost approach
20. Looks at the entire logistics systems to see how well all of its components function together.
complementary products
fixed order interval system
allocating
comprehensive systems analysis
21. The management of the various activities associated with the order cycle.
order management
agile supply chain
load center
ocean carrier alliances
22. 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
back order
fourth-party logistics (lead logistics provider)
density
23. The seller pays the freight charges in advance but bills the buyer for them. The buyer owns the goods in transit.
Strategic (planning time horizon)
FOB origin - freight prepaid and charged back
fast supply chain
nontariff barriers
24. Companies that specialize in providing various types of logistics services.
freight absorption
voice-based order picking
LSP (Logistics Service Provider)
OSHA (Occupational Safety and Health Administration)
25. Terminal-to-terminal movement of freight or passengers.
weighted center-of-gravity approach
TEU
time utility
line-haul
26. An international payment option that is issued by a bank and guarantees payment to a seller provided that the seller has complied with the applicable terms and conditions of the particular transaction.
load center
International Air Transport Association (IATA)
letter of credit
public warehousing
27. Costs to seller when it is unable to supply an item to a customer ready to buy.
stockout cost
supply management
relationship management
Consignor
28. Refers to removing impediments to the flow of information and goods.
containers
land bridge
market strategy
seamless distribution
29. Refers to security throughout the entire supply chain.
TOFC
system security
contract (third-party) warehousing
regrouping function
30. Refers to the value or usefulness that comes from a customer being able to take possession of a product.
possession utility
bullwhip effect
bulk-making
stockout
31. Refers to waterborne transportation that utilizes inland and coastal waterways to move shipments from domestic ports to their destination.
supply management
customer satisfaction
reconsignment
short sea shipping
32. An individual or firm in the business of carrying cargo or passengers.
carrier
Malcolm Baldrige National Quality Award
transaction processing system
p-cards (procurement cards)
33. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.
marginal analysis
opportunity costs
FOB origin pricing
amodal shipper
34. Emphasize the storage of products and their primary purpose is to maximize usage of available storage space.
line-haul
AI
terms of payment
warehouse
35. A system in which the size and timing of replenishment orders into a retailer's system are the manufacturer's responsibility.
order picking and assembly
VMI (vendor-managed inventory)
pallet (skid)
materials management
36. Logistics Information System
time utility
broker
LIS
fragmented logistics structure
37. Separating products into grades and qualities desired by different target markets.
co-branding
sorting
transportation
freight bill
38. Employee theft.
broker
pilferage
service recovery
socially responsible procurement
39. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.
RFID (radio-frequency identification)
accessorial service
shippers' associations
weighing out
40. An order that simultaneously achieves relevant customer metrics.
right-to-work laws
weighted center-of-gravity approach
perfect order
TWIC (Transportation Worker Identification Credential)
41. Products that customers view as being able to fill the same need or want as another product.
substitute products
electronic procurement (e-procurement)
distribution center
transponders
42. A U.S. federal agency that regulates workplaces to ensure the safety of workers.
nodes
systems approach
place utility
OSHA (Occupational Safety and Health Administration)
43. The number of times an inventory is used or replaced each year.
inventory turnover
Consignee
slurry systems
unit load devices
44. The receiver of a shipment.
pull inventory system
control
LIS
Consignee
45. Using a container that can be transferred from the vehicle of one mode to a vehicle of another - and with the movement covered under a single bill of lading.
GPS (Global positioning systems)
free (foreign) trade zone
SCOR (Supply-Chain Operations Reference Model)
intermodal transportation
46. A major port where thousands of containers arrive and depart per week. These ports specialize in the efficient handling of containers.
picker-to-part system
unit load
load center
information
47. Strives to keep customers happy and creates in the customer's mind the perception of an organization that is easy to do business with.
customer service
broker
regrouping function
commodity rate
48. Inventory is replenished with a set quantity every time it is ordered; the time interval between orders may vary.
FOB destination (delivered) pricing
fixed order quantity system
co-branding
system constraints
49. Goods moving between two points - often accompanied by a live bill of lading.
communication system
phantom freight
system constraints
goods in transit
50. Multiple logistics activities are combined into - and managed as - a single department.
unified logistics structure
field warehousing
FOB origin - freight prepaid
assorting