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. Conformance to mutually agreed upon requirements.
EOQ (Economic Order Quanitity)
quality
commercial invoice
obsolete materials
2. All activities associated with the flow and transformation of goods from the raw material stage - through to the end user - as well as the associated information flows.
STB (Surface Transportation Board)
free (foreign) trade zone
supply chain
transportation
3. Inventory that is held for several reasons such as seasonal demand - projected price increases - and potential product shortages.
product recall
import quotas
speculative stock
DOT (Department of Transportation)
4. Transportation carrier that has agreed to serve the general public and assumes four legal obligations: service - delivery - reasonable rates - and avoidance of discrimination.
order fill rate
multiclient warehousing
GSCF
common carrier
5. 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.
delivery window
order management
Strategic (planning time horizon)
in bond
6. A practice that emphasizes the virtual elimination of business errors that strives to achieve 3.4 defects - deficiencies - or errors per one million opportunities.
Six Sigma
AI
data
allocating
7. The movement and storage of materials into a firm.
EOQ (Economic Order Quanitity)
inbound logistics
facility location
VMI (vendor-managed inventory)
8. A carrier's attempt to determine a shipment's location during the course of its move.
mass logistics
facility relocation
tracing
Consignee
9. A technique that seeks to better understand the cost of a product by identifying what activities drive particular costs.
detention
grid system
SKU (stock-keeping unit)
ABC (Activity-based costing)
10. Medium- to long-term horizon - One- to five-year (plus) time span - Overall 'structural' decisions - Trade-offs between company functions - Trade-offs with other organizations - Corporate financial plans and policies - Policy decisions developed into
bulk-making
Strategic (planning time horizon)
back order
building-blocks concept
11. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.
facility location
inventory carrying (holding) costs
marginal analysis
slip sheet
12. Combining smaller packages into larger unites that can be more efficiently handled at one time.
Malcolm Baldrige National Quality Award
building-blocks concept
theft
market strategy
13. The distance between the inner sides of two parallel rail tracks.
mass logistics
rail gauge
assorting
right-to-work laws
14. 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.
reverse auctions
systems approach
weight-losing product characteristics
tom miles
15. The shipment size that equates transportation charges for different rates and weight groups.
communication system
FOB destination - freight prepaid
weight break
relationship management
16. A framework that identifies five key processes - plan - source - make - deliver - return - associated with supply chain management.
electronic procurement (e-procurement)
stockout cost
TEU
SCOR (Supply-Chain Operations Reference Model)
17. A charge assessed by rail carriers to users that fail to unload and return vehicles or containers promptly.
demurrage
order cycle
bulk cargo
co-branding
18. Using measures of another organization's performance to judge one's own performance.
export management company
benchmarking
Consignor
disintermediation
19. Are similar to credit cards for personal use - only p-cards are used for organizational purchases.
data
p-cards (procurement cards)
GDP
delivery window
20. Provides specialized service to each customer based on a contractual arrangement.
make-to-stock
dead inventory (stock)
GDP
contract carrier
21. The management of the various activities associated with the order cycle.
ABC (Activity-based costing)
order management
contract (third-party) warehousing
AI
22. The elapsed time from when an order is picked up by a transportation carrier until it is received by the customer.
communication system
draft
transit time
logistics
23. A return trip or movement in a direction of secondary importance or purpose.
common carrier
broker
STB (Surface Transportation Board)
backhaul
24. Being out of an item at the same time there is a willing buyer for it.
Consignee
stockout
inventory turnover
ergonomics
25. Inventory is replenished with a set quantity every time it is ordered; the time interval between orders may vary.
landed costs
ISO 9000
fixed order quantity system
possession utility
26. Products are produced prior to receiving a customer order.
export packers
variable slot location
make-to-stock
Container Security Initiative (CSI)
27. The orderly and planned observation of one or more segments in the logistics network or supply chain.
transit time
facility closing
socially responsible procurement
systems analysis
28. Stocks of goods and materials that are maintained for many purposes.
VMI (vendor-managed inventory)
service recovery
inventory
bulk-breaking
29. 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.
fourth-party logistics (lead logistics provider)
Consignee
GPS (Global positioning systems)
classification
30. A strategic orientation where a diverse group of logistics activities - together with other activities - are managed as a channel system.
information (channel) strategy
SKU (stock-keeping unit)
fourth-party logistics (lead logistics provider)
ABC analysis
31. Often accompanies an SED and provides explicit shipment instructions.
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
32. Provide effective ways to process personal and organizational business data - to perform calculations - and to create documents.
pull inventory system
order picking and assembly
tracing
office automation systems
33. The use of radio frequency to identify objects that have been implanted with an RFID tag.
safety (buffer) stock
RFID (radio-frequency identification)
unit load
wireless communication
34. Software packages that control the movement and storage of materials within a warehousing facility.
materials handling
on-demand software
WMS (Warehouse Management Systems)
private carrier
35. Piggyback traffic - or loading truck trailers onto rail flatcars.
TOFC (trailer on flatcar)
fast supply chain
cross-docking
safety (buffer) stock
36. An alternative name for airfreight containers.
unit load devices
DSS (Decision support system)
containers
accessorial service
37. Raw materials - component parts - and supplies brought from outside organizations to support a company's operations.
packaging
procurement (purchasing)
relationship management
supplier development (reverse marketing)
38. 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.
part-to-picker system
total cost approach
rail gauge
throughput
39. 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.
Container Security Initiative (CSI)
allocating
supplier parks
electronic commerce
40. Requires a certain percentage of traffic to move on a nation's flag vessels.
import quotas
cargo preference
AI
commodity rate
41. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.
Bill of Lading
time series forecasting
phantom freight
FOB origin - freight prepaid
42. For-hire carriers that have been exempted from economic regulation through provisions in various pieces of legislation.
exempt carrier
consolidate
make-to-order
center-of-gravity approach
43. Inventory that is held in addition to cycle stock to guard against uncertainties in supply and/or lead time.
picker-to-part system
safety (buffer) stock
transaction processing system
VMI (vendor-managed inventory)
44. The need to rapidly move a shipment to its final destination.
pure materials
TWIC (Transportation Worker Identification Credential)
empowerment zone
expediting
45. Goods moving between two points - often accompanied by a live bill of lading.
shipping conferences
Application-specific software
goods in transit
partial systems analysis
46. A document that notifies a transportation carrier of wrong or defective deliveries - delay - or other delivery shortcoming.
scrap materials
delivery window
on-demand software
freight claims
47. Products that customers view as being able to fill the same need or want as another product.
substitute products
tracing
detention
total cost approach
48. Refers to ships that register in nations that have lax maritime registration rules - particularly with respect to safety requirements.
flags of convenience
commercial invoice
EOQ (Economic Order Quanitity)
process strategy
49. The time span within which a scheduled delivery must be made.
relevancy
expatriate workers
freight forwarder
delivery window
50. Refers to a product's being in a form that (1) can be used by the customer and (2) is of value to the customer.
flexibility
form utility
Six Sigma
inventory turnover