Intermediate English Quiz

What is the term for the entire process of producing and delivering a product?

• Procurement

• Warehousing

• Supply Chain

• Logistics

What does "inventory" refer to?

• The process of transporting goods

• The stock of goods available for sale

• A storage facility for goods

• The process of forecasting demand

What is the function of a distribution center?

• It manufactures goods

• It stores and ships goods

• It forecasts customer demand

• It purchases raw materials

What does "lead time" measure?

• The time from order placement to delivery

• The time taken to manufacture a product

• The time needed for last-mile delivery

• The time a product stays in a warehouse

What is "procurement" in supply chain management?

• The process of transporting goods

• The process of purchasing goods and services

• The process of predicting customer demand

• The final step in delivery

Which term refers to a company that provides goods or services?

• Logistics

• Supplier

• Warehouse

• Inventory

What does "Just-in-Time (JIT)" refer to?

• Receiving goods only when needed

• Stocking extra inventory for emergencies

• Delaying shipments to reduce costs

• Storing goods in multiple locations

What is "outsourcing" in a supply chain?

• Hiring external companies to perform certain tasks

• Manufacturing goods internally

• Moving production back home

• Transporting goods between warehouses

What is "freight"?

• A type of supplier

• Goods transported by air, land, or sea

• The process of selling goods

• A method of reducing supply chain costs

What happens in a "stockout" situation?

• A company runs out of inventory

• There is too much inventory in stock

• Goods are shipped to a distribution center

• Supply chain costs increase