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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. Refers to logistical activities associated with goods that move across national boundaries.
kickbacks
make-to-stock
delivery window
international logistics
2. Compares actual experience to the expected experience and if the actual experience equals or exceeds the expected experience - then the customer is satisfied.
routing guide
customer satisfaction
concealed damage
export management company
3. A major port where thousands of containers arrive and depart per week. These ports specialize in the efficient handling of containers.
order delivery
assorting
accumulating
load center
4. Companies that specialize in providing various types of logistics services.
LSP (Logistics Service Provider)
parcel carriers
SCM (Supply Chain Management)
disintermediation
5. A system in which products are stored wherever there is empty space available in a warehouse.
variable slot location
cycle (base) stock
FOB origin - freight collect
decentralized logistics organization
6. Facilitators that make the channel function better.
channel intermediaries
detention
maverick spending
order management
7. Provides specialized service to each customer based on a contractual arrangement.
contract carrier
sorting
theft
physical distribution
8. One location where customers can purchase products from two or more name-brand retailers.
short-interval scheduling
data mining
place utility
co-branding
9. Uses the internet to make it easier - faster - and less expensive for an organization to purchase goods and services.
freight forwarder
picker-to-part system
Operational (planning time horizon)
electronic procurement (e-procurement)
10. In transportation - a small quantity or small package.
multiclient warehousing
facility location
fixed order quantity system
parcel
11. 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.
reverse logistics
centralized logistics organization
bonded storage
'C-level' position
12. aka bulk-breaking
DSS (Decision support system)
allocating
AI
parcel
13. Bringing together inventory from different sources.
wireless communication
consolidate
parcel carriers
bulk-making
14. Occurs in delivered pricing when a buyer pays an excessive freight charge calculated into the price of the goods.
mass logistics
phantom freight
Six Sigma
FOB destination - freight prepaid
15. Allow companies to produce digital maps that can drill down to site-specific qualities such as bridge heights.
GIS (Graphical Information Systems)
order delivery
possession utility
ABC (Activity-based costing)
16. The number of tons times the number of miles.
opportunity costs
relevancy
tom miles
postponement
17. Refers to communication without cables and cords - and includes infrared - microwave - and radio transmissions.
allocating
wireless communication
materials handling
supply management
18. Refers to software that has been developed for managers to deal with specifics logistics functions or activities (e.g. transportation management systems)
Application-specific software
inbound logistics
contract carrier
nesting
19. 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.
'C-level' position
field warehousing
classification
data
20. Materials used for the containment - protection - handling - delivery - and presentation of goods.
obsolete materials
packaging
time series forecasting
terms of sale
21. Refers to the number of transportation modes available to prospective users.
order fill rate
assorting
intermodal competition
system constraints
22. Companies that specialize in transporting parcels or small packages.
parcel carriers
cross-docking
control
carrier
23. Taxes that governments place on the importation of certain items.
slurry systems
packaging
tariffs
FOB destination (delivered) pricing
24. A technique used to model the systems under study - typically using mathematical equations to represent relationships among components of a logistics system.
simulation
data mining
private warehousing
pick-to-light technology
25. Materials that lose no weight in processing.
package testing
pure materials
voice-based order picking
weighing out
26. Unused available space.
part-to-picker system
excess capacity
order triage
hazardous materials
27. The time span within which a scheduled delivery must be made.
export management company
delivery window
fixed order interval system
power retailer
28. Conformance to mutually agreed upon requirements.
FOB origin - freight prepaid and charged back
GSCF
international logistics
quality
29. Refer to the manner by which a seller will be paid by a buyer for an international transaction.
contract (third-party) warehousing
terms of payment
pick-to-light technology
bonded storage
30. A buyer invites bids from multiple sellers - and the seller with the lowest bid is often awarded the business.
relevancy
intermodal competition
information (channel) strategy
reverse auctions
31. The short-distance movement of material between two or more points.
p-cards (procurement cards)
ERP (Enterprise Resource Planning system)
materials handling
GPS (Global positioning systems)
32. The seller owns the goods in transit - prepays the freight charges - and bills the buyer for the freight charges.
FOB destination - freight prepaid and charged back
batch number
phantom freight
reverse auctions
33. 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.
electronic commerce
transaction processing system
ERP (Enterprise Resource Planning system)
class rate system
34. Costs to seller when it is unable to supply an item to a customer ready to buy.
stockout cost
wireless communication
consolidate
terms of sale
35. Computer-to-computer transmission of business data in a structured format.
reverse auctions
EDI (Electronic Data Interchange)
opportunity costs
Maquiladora
36. An international trade specialist that can handle either vessel shipments or air shipments and that offers a number of different functions such as booking space on carriers - obtaining consular documents - and arranging for insurance - among other
weight-gaining product characteristics
transportation management
international freight forwarders
decentralized logistics organization
37. A common credential that will be used to identify workers across all modes of transportation.
in bond
export management company
shrink-wrap
TWIC (Transportation Worker Identification Credential)
38. Provide effective ways to process personal and organizational business data - to perform calculations - and to create documents.
bulk cargo
substitute products
office automation systems
responsiveness
39. Separating products into grades and qualities desired by different target markets.
weighted center-of-gravity approach
channel intermediaries
partial systems analysis
sorting
40. Building up a variety of different products for resale to a particular customer.
power retailer
information (channel) strategy
assorting
FOB destination - freight prepaid and charged back
41. General contractor that ensures that third-party logistics companies are working toward relevant supply chain goals and objectives.
order triage
fourth-party logistics (lead logistics provider)
DSS (Decision support system)
weight-losing product characteristics
42. Nonprofit membership cooperatives that perform basically the same function as freight forwarders.
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43. Locations that contain chemicals or other types of industrial wastes.
in bond
nodes
maverick spending
brownfields
44. Assemble small shipments into a single - larger shipment.
expatriate workers
reverse logistics
LSP (Logistics Service Provider)
consolidate
45. A company's objectives can be realized by recognizing the mutual interdependence of the major functional areas of the firm - such as marketing - production - finance - and logistics.
FOB origin - freight prepaid
systems approach
data mining
process strategy
46. Refers to employees who do not follow company guidelines about which suppliers to use in particular situations.
accessorial service
nontariff barriers
diversion
maverick spending
47. A small device that responds to radio signals from an outside source.
transponders
expediting
load center
FOB origin pricing
48. An order size that minimizes the sum of carrying and ordering costs.
scrap materials
pilferage
EOQ (Economic Order Quanitity)
inventory
49. Strives to keep customers happy and creates in the customer's mind the perception of an organization that is easy to do business with.
data
slurry systems
customer service
tracing
50. The need to rapidly move a shipment to its final destination.
expediting
accessorial service
routing guide
bulk cargo