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. For-hire carriers that have been exempted from economic regulation through provisions in various pieces of legislation.
logistics
p-cards (procurement cards)
order transmittal
exempt carrier
2. Refer to materials that are not likely to ever be used by the organization that purchased it.
TOFC
import quotas
obsolete materials
bullwhip effect
3. Gross domestic product
picker-to-part system
data
system constraints
GDP
4. A practice that emphasizes the virtual elimination of business errors that strives to achieve 3.4 defects - deficiencies - or errors per one million opportunities.
weight-losing product characteristics
Six Sigma
bulk-making
suboptimization
5. A buyer invites bids from multiple sellers - and the seller with the lowest bid is often awarded the business.
safety (buffer) stock
reverse auctions
reverse logistics
nesting
6. These help various stake-holders to work together by interacting and sharing information in many different forms.
communication system
barge
in bond
suboptimization
7. Logistics-related decisions are made separately at the divisional or product group level and often in different geographic regions.
decentralized logistics organization
parcel
routing
TOFC (trailer on flatcar)
8. Refers to the amount of product entering and leaving a facility in a given time period.
certificate of origin
throughput
embargoes
order delivery
9. Raw materials - component parts - and supplies brought from outside organizations to support a company's operations.
procurement (purchasing)
unit load
fixed order interval system
responsiveness
10. The buying and controlling of transportation services by either a shipper or consignee.
stowability
unit load devices
transportation management
tracing
11. Provides specialized service to each customer based on a contractual arrangement.
line-haul
import quotas
GIS (Graphical Information Systems)
contract carrier
12. A company that helps both shipper and carrier achieve lower freight rates and more efficient utilization of carrier equipment. Brokers also help match carriers to loads.
broker
nontariff barriers
order management
flexibility
13. Refer to the manner by which a seller will be paid by a buyer for an international transaction.
batch number
package testing
terms of payment
systems analysis
14. A warehouse with an emphasis on quick throughput - such as is needed in supporting marketing efforts.
intermodal competition
distribution center
broker
contract (third-party) warehousing
15. A location technique utilizing a map or grid - with specific locations marked on the north-south and east-west axes. Its purpose is to find a location that minimizes transportation costs.
FOB origin pricing
grid system
obsolete materials
accumulating
16. Inventories that are used or distributed together (e.g. razor blades and razors).
multiclient warehousing
international logistics
flags of convenience
complementary products
17. The time from when the seller receives an order until an appropriate location is authorized to fill the order.
inventory carrying (holding) costs
order processing
judgmental forecasting
batch number
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.
FOB destination (delivered) pricing
opportunity costs
ERP (Enterprise Resource Planning system)
cube out
19. A one-size-fits-all approach in which every customer gets the same type and levels of logistics service.
mass logistics
accessorial service
transit time
parcel
20. The management of the various activities associated with the order cycle.
order management
delivery window
private carrier
order fill rate
21. A return trip or movement in a direction of secondary importance or purpose.
FOB destination - freight prepaid and charged back
SCM (Supply Chain Management)
land bridge
backhaul
22. 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.
third-party logistics (logistics outsourcing)
scrap materials
demand management
regrouping function
23. A system that simplifies each of the three primary rate factors - product - weight - and distance.
TOFC (trailer on flatcar)
bulk-breaking
ocean carrier alliances
class rate system
24. A technique used to model the systems under study - typically using mathematical equations to represent relationships among components of a logistics system.
tom miles
simulation
parcel
bulk cargo
25. A facility temporarily established at the site of inventory; the warehouser assumes custody of the inventory and issues a receipt for it - which can then be used as collateral for a loan.
private carrier
field warehousing
logistics information system
common carrier
26. 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.
third-party logistics (logistics outsourcing)
contract logistics
barge
system constraints
27. The orders to be picked are identified by lights placed on shelves or racks.
pick-to-light technology
FOB destination (delivered) pricing
slip sheet
certificate of origin
28. Products that customers view as being able to fill the same need or want as another product.
goods in transit
place utility
form utility
substitute products
29. Refers to the number of carriers within each mode.
order picking and assembly
benchmarking
intramodal competition
FOB destination (delivered) pricing
30. Looks at a single aspect of logistics - such as a time-and-motion study of individuals who handle incoming freight at a receiving dock.
benchmarking
systems analysis
electronic commerce
partial systems analysis
31. A warehousing facility that is owned or occupied on a long-term lease by the firm using it.
concealed damage
private warehousing
brownfields
GSCF model
32. An intermediary that oversees the efficient movement of importers' goods (and accompanying paperwork) through customs and other inspection points.
inbound logistics
empowerment zone
customs broker
GIS (Graphical Information Systems)
33. Global Supply Chain Forum
hazardous materials
relationship management
nesting
GSCF
34. Packaging tapered articles inside each other to reduce the cubic volume of the entire shipment.
nesting
bulk-making
draft
bulk-breaking
35. Inventory that is held for several reasons such as seasonal demand - projected price increases - and potential product shortages.
BOL
cause and effect forecasting
Application-specific software
speculative stock
36. Having products available where they are needed by customers.
pure materials
place utility
draft
on-demand software
37. Refers to the value or usefulness of a product in fulfilling customer needs and wants.
hazardous materials
warehouse
economic utility
SKU (stock-keeping unit)
38. An order that simultaneously achieves relevant customer metrics.
tariffs
BOL
back order
perfect order
39. A carrier or public facility where freight (or passengers) is shifted between vehicles or modes.
supply management
cube out
safety (buffer) stock
terminal
40. Firm the helps a domestic company become involved in foreign sales. They often locate foreign firms that can be licensed to manufacture the product in the foreign country.
in bond
FOB destination - freight prepaid
concealed damage
export management company
41. Taking and removing personal property with the intent to deprive the rightful owner of it.
theft
bonded storage
documentation
nontariff barriers
42. Transport products that are ground into a powder - mixed with water - and then shipped in slurry form through a pipeline.
global procurement (sourcing)
facility relocation
slurry systems
industry systems analysis
43. Refers o cargo stowed loose - without specific packing - and generally handled with a pump - scoop - or shovel.
bulk cargo
contract carrier
dunnage
common carrier
44. Inventory that is in route between various nodes in a logistics system.
pipeline (in-transit) stock
tailored logistics
AI
system constraints
45. The distance between the inner sides of two parallel rail tracks.
rail gauge
CPFR (Collaborative planning - forecasting - and replenishment)
facility relocation
GPS (Global positioning systems)
46. Procurement activities that meet the ethical and discretionary responsibilities expected by society.
socially responsible procurement
picker-to-part system
transportation
weighing out
47. An international logistics specialist that custom packs shipments when the exporter lacks the equipment or expertise to do so itself.
hazardous materials
regrouping function
export packers
data
48. Products are produced prior to receiving a customer order.
data
benchmarking
make-to-stock
channel intermediaries
49. The amount of output divided by the amount of input.
productivity
public warehousing
pick-to-light technology
Strategic (planning time horizon)
50. A carrier's attempt to determine a shipment's location during the course of its move.
fixed order interval system
inventory carrying (holding) costs
tracing
nodes