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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. A one-size-fits-all approach in which every customer gets the same type and levels of logistics service.
FOB origin - freight prepaid and charged back
building-blocks concept
routing guide
mass logistics
2. Materials requested by a customer that are unavailable for shipment at the same time as the reminder of the order. They are usually shipped when available.
allocating
freight bill
back order
p-cards (procurement cards)
3. A flat sheet of either fiberboard material or plastic that is placed under the unit load.
reconsignment
slip sheet
center-of-gravity approach
private warehousing
4. Inventory needed to satisfy demand during an order cycle.
marginal analysis
third-party logistics (logistics outsourcing)
flags of convenience
cycle (base) stock
5. A relational exchange approach involving a limited number of suppliers.
documentation
weight-losing product characteristics
supply management
landed costs
6. aka bulk-breaking
allocating
fixed order interval system
shrink-wrap
power retailer
7. Refer to the manner by which a seller will be paid by a buyer for an international transaction.
sorting
seamless distribution
international freight forwarders
terms of payment
8. Packaging tapered articles inside each other to reduce the cubic volume of the entire shipment.
transportation
RFID (radio-frequency identification)
bulk cargo
nesting
9. Absolute limits to the quantity of a product that can be imported into a country during a particular time period.
consolidate
import quotas
intermodal competition
bulk cargo
10. 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.
Consignee
voice-based order picking
shipper's letter of instruction (SLI)
export management company
11. Transportation carrier that has agreed to serve the general public and assumes four legal obligations: service - delivery - reasonable rates - and avoidance of discrimination.
logistics information system
common carrier
variable slot location
freight absorption
12. The orders to be picked are identified by lights placed on shelves or racks.
Malcolm Baldrige National Quality Award
pick-to-light technology
Six Sigma
ERP (Enterprise Resource Planning system)
13. A company discontinues operations at a current site because the operations are no longer needed or can be absorbed by other facilities.
variable slot location
cube out
inventory turnover
facility closing
14. Changes to one logistics activity cause some costs to increase and others to decrease.
unit load devices
theft
cost trade-offs
flexibility
15. Taxes that governments place on the importation of certain items.
sweatshops
nesting
tariffs
transponders
16. Contains relevant export transaction data such as the transportation mode(s) - transaction participants - and description of what is being exported.
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17. Price of the product at its source plus transportation costs to its destination.
parcel
package testing
landed costs
LIS
18. An approach for locating a single facility that minimizes the distance to existing facilities.
intramodal competition
Container Security Initiative (CSI)
dunnage
center-of-gravity approach
19. 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.
ABC analysis
bulk-making
weighing out
product recall
20. Occurs when a cargo takes up a vehicle's or a container's cubic capacity before reaching its weight capacity.
shrink-wrap
cube out
STB (Surface Transportation Board)
demurrage
21. Having products available where they are needed by customers.
public warehousing
pipeline (in-transit) stock
transponders
place utility
22. The delay of value-added activities such as assembly - production - and packaging to the latest possible time.
International Air Transport Association (IATA)
weighing out
postponement
density
23. Refers to systems that consider the return flow of products - their reuse - and the marketing and distribution of recovered products.
inventory flow diagram
exempt carrier
closed-loop systems
sweatshops
24. 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.
routing
in bond
shippers' associations
partial systems analysis
25. A small platform (made of plastic - steel - or wood) on which goods are placed for handling by mechanical means.
Consignor
pallet (skid)
logistics
system constraints
26. Refers to an alliance in the container trades in which ocean carriers retain their individual identities but cooperate in the area of operations.
cube out
ocean carrier alliances
parcel carriers
information
27. Gross domestic product
stockout cost
GDP
international logistics
CPA (Customer profitability analysis)
28. The science that seeks to adapt work or working conditions to suit the abilities of the worker.
Application-specific software
draft
consolidate
ergonomics
29. Employees who are sent to other countries for extended periods of time.
Consignee
accessorial service
expatriate workers
industry systems analysis
30. Similar to common carriers in that public warehousing serves all legitimate users and has certain responsibilities to this users.
supplier parks
public warehousing
intermodal transportation
unit load
31. General contractor that ensures that third-party logistics companies are working toward relevant supply chain goals and objectives.
containers
demurrage
fourth-party logistics (lead logistics provider)
weight break
32. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.
marginal analysis
disintermediation
Incoterms 2000
fragmented logistics structure
33. Refers to ships that register in nations that have lax maritime registration rules - particularly with respect to safety requirements.
empowerment zone
facility relocation
control
flags of convenience
34. A practice that emphasizes the virtual elimination of business errors that strives to achieve 3.4 defects - deficiencies - or errors per one million opportunities.
customs broker
stowability
pilferage
Six Sigma
35. In transportation - a small quantity or small package.
density
certificate of origin
export packers
parcel
36. Refers to software that users access on a per-use basis instead of software they own or license for installation.
ABC (Activity-based costing)
Bill of Lading
brownfields
on-demand software
37. A process for returning a customer to a state of satisfaction after a service or product has failed to live up to expectations.
multiclient warehousing
service recovery
TOFC (trailer on flatcar)
information
38. Companies that specialize in transporting parcels or small packages.
picker-to-part system
parcel carriers
time series forecasting
brownfields
39. Actual physical movement of goods and people between two points.
nontariff barriers
transportation
perfect order
TWIC (Transportation Worker Identification Credential)
40. Assumes that one or more factors are related to demand - and the relationship between cause and effect can be used to estimate future demand.
order delivery
relevancy
substitute products
cause and effect forecasting
41. An agreement in which the world's ports agree to allow U.S. customs agents to identify and inspect high-risk containers bound for the United States before they are loaded onto ships.
excess capacity
Container Security Initiative (CSI)
FOB destination - freight prepaid and charged back
bulk-making
42. Groups of customers with similar logistical needs and wants are provided with logistics service appropriate to those needs and wants.
tracing
make-to-order
accumulating
tailored logistics
43. The most important single transportation document that is the operating document in the industry.
Bill of Lading
C-TPAT (Customs Trade Partnership Against Terrorism)
ERP (Enterprise Resource Planning system)
common carrier
44. Assumes that one or more factors are related to demand - and the relationship between cause and effect can be used to estimate future demand.
physical distribution
associative forecasting
supply management
Application-specific software
45. A cartel consisting of nearly all the world's scheduled international airlines.
International Air Transport Association (IATA)
FOB origin - freight prepaid
Strategic (planning time horizon)
time series forecasting
46. Allow companies to produce digital maps that can drill down to site-specific qualities such as bridge heights.
import quotas
ergonomics
GIS (Graphical Information Systems)
right-to-work laws
47. The distance between the inner sides of two parallel rail tracks.
cross-docking
certificate of origin
FOB origin - freight prepaid and charged back
rail gauge
48. A product that loses weight during the production process; the processing point as near to its origin as possible.
concealed damage
weight-losing product characteristics
BOL
process strategy
49. Key suppliers locate on - or adjacent to - automobile plants - which helps reduce shipping costs and inventory carrying costs.
supplier parks
private carrier
fourth-party logistics (lead logistics provider)
nodes
50. The number of tons times the number of miles.
tom miles
order fill rate
ERP (Enterprise Resource Planning system)
Application-specific software