Logistics "Buzzword" Quiz
Logistics "Buzzword" Quiz
Match the following terms:
| 1 WMS | A. Inventory transformation after raw materials |
| 2 WIP | B. The last stage of inventory "finished goods" |
| 3 SAP | C. Loss due to theft, scrap, etc. |
| 4 Modeling | D. The computer disaster waiting at the millennium |
| 5 Inventory shrinkage | E. Preparing inbound materials for a production lineb by putting them in order |
| 6 Sequencing | F. A system for managing a warehouse operation |
| 7 Y2K problem | G. An enterprise management system |
| 8 FGI | H. Computer scenarios to optimize logistics activities |
| Answers:
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