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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. Creating - maintaining - and enhancing strong relationships with customers and other stakeholders.
Application-specific software
relationship management
bulk-breaking
allocating
2. The depth in the water to which a vessel can be loaded.
draft
containers
STB (Surface Transportation Board)
facility relocation
3. Occurs in delivered pricing when a buyer pays an excessive freight charge calculated into the price of the goods.
procurement (purchasing)
commercial invoice
order triage
phantom freight
4. 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
SCM (Supply Chain Management)
fragmented logistics structure
consolidate
exempt carrier
5. Refers to software that has been developed for managers to deal with specifics logistics functions or activities (e.g. transportation management systems)
amodal shipper
simulation
Application-specific software
supplier development (reverse marketing)
6. Each product is assigned a specific location in a warehouse and is always stored there.
fixed slot location
complementary products
FOB origin - freight prepaid
fragmented logistics structure
7. Considers a shipment's density (the amount of space occupied relative to weight) to determine a shipment's billable weight.
dimensional (dim) weight
procurement (purchasing)
mass logistics
time series forecasting
8. Facts or recorded measures of certain phenomena.
carrier
data
facility closing
EOQ (Economic Order Quanitity)
9. Breaking larger quantities into smaller quantities.
diversion
FOB origin - freight prepaid and charged back
bulk-breaking
supply management
10. A framework that identifies eight relevant processes - such as customer relationship management - demand management - and order fulfillment - associated with supply chain management.
aperless warehousing
GSCF model
channel intermediaries
cube out
11. A body of facts in a format suitable for decision making.
information
SCM (Supply Chain Management)
quality-of-life considerations
transaction processing system
12. Assumes that one or more factors are related to demand - and the relationship between cause and effect can be used to estimate future demand.
export management company
associative forecasting
VMI (vendor-managed inventory)
process strategy
13. 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.
weighing out
order management
inventory flow diagram
product recall
14. The costs of holding an inventory - such as interest on investment - insurance - deterioration - and so on.
stockout
inventory carrying (holding) costs
freight claims
perfect order
15. Refers to communication without cables and cords - and includes infrared - microwave - and radio transmissions.
terminal
wireless communication
disintermediation
grid system
16. Transportation carrier that has agreed to serve the general public and assumes four legal obligations: service - delivery - reasonable rates - and avoidance of discrimination.
throughput
electronic commerce
common carrier
stowability
17. Are similar to credit cards for personal use - only p-cards are used for organizational purchases.
kickbacks
obsolete materials
p-cards (procurement cards)
physical distribution
18. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.
terminal
agile supply chain
flexibility
procurement (purchasing)
19. A one-size-fits-all approach in which every customer gets the same type and levels of logistics service.
inventory
piggyback transportation
mass logistics
GIS (Graphical Information Systems)
20. The need to rapidly move a shipment to its final destination.
flags of convenience
Maquiladora
expediting
The major functions of the different planning time horizons
21. 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.
shrink-wrap
back order
logistics information system
public warehousing
22. Movement and storage of raw materials - parts - and components within a firm.
customs broker
materials management
GSCF model
draft
23. An order size that minimizes the sum of carrying and ordering costs.
letter of credit
relationship management
comprehensive systems analysis
EOQ (Economic Order Quanitity)
24. A flat sheet of either fiberboard material or plastic that is placed under the unit load.
slip sheet
product recall
TWIC (Transportation Worker Identification Credential)
allocating
25. Raw materials - component parts - and supplies brought from outside organizations to support a company's operations.
centralized logistics organization
FOB destination (delivered) pricing
phantom freight
procurement (purchasing)
26. An intermediary that oversees the efficient movement of importers' goods (and accompanying paperwork) through customs and other inspection points.
customs broker
pure materials
facility location
ERP (Enterprise Resource Planning system)
27. The shipment size that equates transportation charges for different rates and weight groups.
STB (Surface Transportation Board)
quality-of-life considerations
weight break
OSHA (Occupational Safety and Health Administration)
28. Cargo reaches a vehicle's or a container's weight capacity without filling its cubic capacity.
aperless warehousing
postponement
information
weighing out
29. The orderly and planned observation of one or more segments in the logistics network or supply chain.
systems analysis
partnerships
make-to-stock
weight-losing product characteristics
30. Taking and removing personal property with the intent to deprive the rightful owner of it.
common carrier
variable slot location
theft
voice-based order picking
31. Using a container that can be transferred from the vehicle of one mode to a vehicle of another - and with the movement covered under a single bill of lading.
intermodal transportation
fast supply chain
shippers' associations
inventory carrying (holding) costs
32. The receiver of a shipment.
FOB destination - freight prepaid
stockout
nodes
Consignee
33. The distance between the inner sides of two parallel rail tracks.
ROP (reorder point)
FOB destination - freight prepaid
OSHA (Occupational Safety and Health Administration)
rail gauge
34. Assemble small shipments into a single - larger shipment.
cycle (base) stock
cost trade-offs
consolidate
shipper's export declaration (SED)
35. Artificial intelligence - Sophisticated use of the computer in which it is programmed to 'think' as a trained - skilled human in specific situations.
AI
embargoes
backhaul
theft
36. The management of the various activities associated with the order cycle.
seamless distribution
reconsignment
order management
fixed order quantity system
37. Looks at the entire logistics systems to see how well all of its components function together.
concealed damage
sorting
Container Security Initiative (CSI)
comprehensive systems analysis
38. Analyzing the impacts of small changes - such as adding or subtracting one unit of input.
ROP (reorder point)
routing guide
marginal analysis
quality-of-life considerations
39. Similar to the center-of-gravity locational approach - except that shipping volumes are also taken into account.
load center
intermodal transportation
classification
weighted center-of-gravity approach
40. Involves rearranging the quantities and assortment of products as they move through the supply chain.
regrouping function
mass logistics
order delivery
weight-losing product characteristics
41. An individual or firm in the business of carrying cargo or passengers.
judgmental forecasting
bonded storage
carrier
pure materials
42. The time from when the customer places or sends the order to when the seller receives it.
terminal
speculative stock
unit load
order transmittal
43. Inventory that is held in addition to cycle stock to guard against uncertainties in supply and/or lead time.
third-party logistics (logistics outsourcing)
safety (buffer) stock
stockout cost
order processing
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.
cause and effect forecasting
assorting
international freight forwarders
shipping conferences
45. The level of inventory at which a replenishment order is placed.
ROP (reorder point)
customer satisfaction
reconsignment
cost trade-offs
46. An invoice submitted by a transportation carrier requesting to be paid.
freight bill
The major functions of the different planning time horizons
freight forwarder
facility location
47. Terminal-to-terminal movement of freight or passengers.
line-haul
grid system
multiclient warehousing
tailored logistics
48. A relational exchange approach involving a limited number of suppliers.
unit load devices
pick-to-light technology
supply management
distribution center
49. Day-to-day decision making - Operations controlled against standards and rules - Control via weekly/monthly reports - The implementation of the operational plan
ABC analysis
accumulating
FOB destination - freight prepaid
Operational (planning time horizon)
50. The seller pays the freight charges - but the buyer owns the goods in transit.
Bill of Lading
FOB origin - freight prepaid
fragmented logistics structure
centralized logistics organization