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. A cartel consisting of nearly all the world's scheduled international airlines.






2. Products are produced after receiving a customer order.






3. Refer to materials that are not likely to ever be used by the organization that purchased it.






4. These are materials that are no longer serviceable - have been discarded - or are a by-product of the production process.






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






6. Cooperative - formal or informal supply chain relationships between manufacturing companies and their suppliers - business partners - or customers - developed to enhance the overall business performance of both sides.






7. 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.






8. Artificial intelligence - Sophisticated use of the computer in which it is programmed to 'think' as a trained - skilled human in specific situations.






9. Refers to the amount of product entering and leaving a facility in a given time period.






10. The cost of giving up an alternative opportunity.






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






12. Flatboard boat used to transport heavy products.






13. An alternative name for airfreight containers.






14. One location where customers can purchase products from two or more name-brand retailers.






15. A strategic orientation where a diverse group of logistics activities - together with other activities - are managed as a channel system.






16. Material that is used to block and brace products inside carrier equipment to prevent the shipment from shifting in transit and becoming damaged.






17. Analysis that is performed by a trade association - professional organization - or other entity - on a industry wide basis.






18. A program in which public and private organizations work together to prevent terrorism against the United States through imports and transportation.






19. A strategic orientation in which traditional logistics activities are managed as a value-added system.






20. Locations that contain chemicals or other types of industrial wastes.






21. The most important single transportation document that is the operating document in the industry.






22. Their intent is to incorporate nonbusiness factors (e.g. - cost of living - crime rate - educational opportunities) into the decision of where to locate a plant or distribution facility.






23. Inventory that is held for several reasons such as seasonal demand - projected price increases - and potential product shortages.






24. Employees who are sent to other countries for extended periods of time.






25. Cartels of all ocean vessel operators operating between certain trade areas.






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






27. Truck trailers of flatcars.






28. 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.






29. Bringing together inventory from different sources.






30. The shipment size that equates transportation charges for different rates and weight groups.






31. A strategic orientation in which a limited number of traditional logistics activities are managed across business units.






32. 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.






33. 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






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






35. Money paid after an exchange.






36. A type of contract logistics that focuses on providing unique and specially tailored warehousing services to particular clients.






37. A group of forecasting techniques that is based on the idea that future demand is solely dependent on past demand.






38. Restrictions other than tariffs that are placed on imported products.






39. Transportation service that is supplemental to line-haul transportation.






40. Prohibition of trade between particular countries.






41. A facility temporarily established at the site of inventory; the warehouser assumes custody of the inventory and issues a receipt for it - which can then be used as collateral for a loan.






42. A product that loses weight during the production process; the processing point as near to its origin as possible.






43. A common credential that will be used to identify workers across all modes of transportation.






44. The receiver of a shipment.






45. Money paid before an exchange.






46. Inventory needed to satisfy demand during an order cycle.






47. Buyer pays a lower freight charge than the shipper incurs in shipping the product.






48. Simulation of the types of problems that the package will be exposed to in warehouses and in transit.






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






50. Breaking larger quantities into smaller quantities.