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. Occurs when a cargo takes up a vehicle's or a container's cubic capacity before reaching its weight capacity.






2. Refers to logistical activities associated with goods that move across national boundaries.






3. Key suppliers locate on - or adjacent to - automobile plants - which helps reduce shipping costs and inventory carrying costs.






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






5. Use satellites that allow companies to compute vehicle positions - velocity - and time.






6. Uses the internet to make it easier - faster - and less expensive for an organization to purchase goods and services.






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






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






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






10. 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.






11. Nonprofit membership cooperatives that perform basically the same function as freight forwarders.

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12. A location technique utilizing a map or grid - with specific locations marked on the north-south and east-west axes. Its purpose is to find a location that minimizes transportation costs.






13. An inventory system that responds to actual (rather than forecasted) customer demand.






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






15. Money paid after an exchange.






16. Companies that specialize in providing various types of logistics services.






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






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






19. Procurement activities that meet the ethical and discretionary responsibilities expected by society.






20. Inventory that is held in addition to cycle stock to guard against uncertainties in supply and/or lead time.






21. Materials that lose no weight in processing.






22. Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.






23. 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.






24. Being out of an item at the same time there is a willing buyer for it.






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






26. Refers to how easy a commodity is to pack into a load.






27. Taking and removing personal property with the intent to deprive the rightful owner of it.






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






29. Having products available where they are needed by customers.






30. State laws that specify that a worker does not have to join the union to work permanently at a facility.






31. An alternative name for airfreight containers.






32. A uniform sealed reusable metal 'box' in which goods are shipped.






33. 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.






34. Flatboard boat used to transport heavy products.






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






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






37. The seller pays the freight charges in advance but bills the buyer for them. The buyer owns the goods in transit.






38. An invoice submitted by a transportation carrier requesting to be paid.






39. The management of the various activities associated with the order cycle.






40. The use of speech to guide order-picking activities.






41. A flat sheet of either fiberboard material or plastic that is placed under the unit load.






42. 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.






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






44. U.S. federal government body with primary responsibility for transportation safety regulation.






45. Established in the late 1980s to recognize U.S. organizations for their achievements in quality and performance.






46. Using measures of another organization's performance to judge one's own performance.






47. Absolute limits to the quantity of a product that can be imported into a country during a particular time period.






48. Stocks of goods and materials that are maintained for many purposes.






49. 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.






50. Assumes that one or more factors are related to demand - and the relationship between cause and effect can be used to estimate future demand.