Test your basic knowledge |

Logistics Vocab

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. The movement and storage of materials into a firm.






2. Often accompanies an SED and provides explicit shipment instructions.

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3. Includes all activities from when an appropriate location is authorized to fill an order until goods are loaded aboard an outbound carrier.






4. Facts or recorded measures of certain phenomena.






5. Retailers that are characterized by large market share and low prices.






6. That part of a firm's logistics system that stores products at and between points of origin and point of consumption.






7. Gross domestic product






8. Occurs when the shipper notifies the carrier - prior to the shipment's arrival in the destination city - of a change in destination.






9. Refers to warehousing situations where goods are not released until applicable fees are paid. As an example - Internal Revenue Service - bonded warehouses hold goods other federal taxes and fees collected.






10. A technique used to model the systems under study - typically using mathematical equations to represent relationships among components of a logistics system.






11. Truck trailers on flatcars - also referred to as TOFC.






12. An analysis of workers' productivity over short periods of time. Each worker is assigned specific duties that he or she should be able to complete during the time period provided.






13. A transportation manager who purchases a prespecified level of transportation service and is indifferent to the mode(s) or carrier(s) used to provide the actual transportation service.






14. Terminal-to-terminal movement of freight or passengers.






15. Manufacturing plants that exist just south of the U.S.-Mexican border.






16. These are material that have been spoiled - broken - or otherwise rendered unfit for further use or reclamation.






17. A buyer invites bids from multiple sellers - and the seller with the lowest bid is often awarded the business.






18. Groups of customers with similar logistical needs and wants are provided with logistics service appropriate to those needs and wants.






19. A long-term arrangement between a shipper and another party to provide logistics services.






20. Piggyback traffic - or loading truck trailers onto rail flatcars.






21. Refers o cargo stowed loose - without specific packing - and generally handled with a pump - scoop - or shovel.






22. Refers to corporate officers such as a chief executive officer (CEO) - chief operating officer (COO) - or chief financial officer (CFO).

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23. Positive - long-term relationships between supply chain participants.






24. An international logistics specialist that custom packs shipments when the exporter lacks the equipment or expertise to do so itself.






25. A system in which the size and timing of replenishment orders into a retailer's system are the manufacturer's responsibility.






26. 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.






27. Packaging tapered articles inside each other to reduce the cubic volume of the entire shipment.






28. Movement and storage of raw materials - parts - and components within a firm.






29. Computer-to-computer transmission of business data in a structured format.






30. Depicts the demand for - and replenishment of - inventory.






31. Materials used for the containment - protection - handling - delivery - and presentation of goods.






32. Refers to the number of carriers within each mode.






33. The elapsed time from when an order is picked up by a transportation carrier until it is received by the customer.






34. According to the Council of Supply Chain Management Professionals - SCM encompasses the planning and management of all activities involved in sourcing and procurement - conversion - and all logistics management activities. Importantly - it also i






35. A warehousing facility that is owned or occupied on a long-term lease by the firm using it.






36. Emphasize the storage of products and their primary purpose is to maximize usage of available storage space.






37. Price of the product at seller's place of business. Buyer must arrange for transportation of the product from the seller's place of business.






38. Fixed facilities - such as a plant - warehouse - or store - in a logistics system.






39. The delay of value-added activities such as assembly - production - and packaging to the latest possible time.






40. A U.S. federal agency that regulates workplaces to ensure the safety of workers.






41. A process where product is received in a facility - occasionally married with product going to the same destination - then shipped at the earliest opportunity - without going into long-term storage.






42. Refers to forecasting that involves judgment or intuition and is preferred in situations where there is limited - or no - historical data.






43. The time span within which a scheduled delivery must be made.






44. Looks at a single aspect of logistics - such as a time-and-motion study of individuals who handle incoming freight at a receiving dock.






45. A firm must move operations to another facility to better serve suppliers or customers.






46. Refers to communication without cables and cords - and includes infrared - microwave - and radio transmissions.






47. Inventory is replenished with a set quantity every time it is ordered; the time interval between orders may vary.






48. The orders to be picked are identified by lights placed on shelves or racks.






49. A system that simplifies each of the three primary rate factors - product - weight - and distance.






50. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.