Question 1

Which of the following is not a benefit of running large batches in a manufacturing setting?

Accepted Answer

A) Create larger inventories. 
B) Minimize equipment downtime. 
C) Increase equipment and labor utilization. 
D) Improve quality performance. 
A) Create larger inventories. 
B) Minimize equipment downtime. 
C) Increase equipment and labor utilization. 
D) Improve quality performance.

Question 2

What is transaction processing?

Accepted Answer

A) The decision support system used to efficiently handle multiple transactions 
B) The posting and tracking of the detailed activities of a business 
C) The movement of paperwork through a system using a decision tree 
D) The scheduling of machinery to minimize time and scrap 
A) The decision support system used to efficiently handle multiple transactions 
B) The posting and tracking of the detailed activities of a business 
C) The movement of paperwork through a system using a decision tree 
D) The scheduling of machinery to minimize time and scrap

Question 3

What is the cash-to-cash cycle time if ARd = 6.5 days, Id = 22.2 days, and APd = 4.2 days?

Accepted Answer

A) 32.9 days 
B) 19.9 days 
C) 16.45 months 
D) 24.5 days 
A) 32.9 days 
B) 19.9 days 
C) 16.45 months 
D) 24.5 days

Question 4

What is an example of an issue that might be addressed by supply chain event management?

Accepted Answer

A) A customer complains that a product arrived damaged. 
B) A customer complains that he is unhappy with the product's new packaging design. 
C) A customer decides to change her order in the next ordering cycle. 
D) A customer would like to discuss getting a quantity discount in the next billing cycle. 
A) A customer complains that a product arrived damaged. 
B) A customer complains that he is unhappy with the product's new packaging design. 
C) A customer decides to change her order in the next ordering cycle. 
D) A customer would like to discuss getting a quantity discount in the next billing cycle.

Question 5

Because the scope of ERP packages is very large, it is rarely necessary to add additional software.

Accepted Answer

A) True 
 B)False

Question 6

The term "enterprise resource planning (ERP)" can mean different things.

Accepted Answer

A) True 
 B)False

Question 7

Data warehouses are useful mechanisms to support daily routine tasks.

Accepted Answer

A) True 
 B)False

Which of the following is not a benefit of running large batches in a manufacturing setting?

What is transaction processing?

What is the cash-to-cash cycle time if AR_d = 6.5 days, I_d = 22.2 days, and AP_d = 4.2 days?

What is an example of an issue that might be addressed by supply chain event management?

Because the scope of ERP packages is very large, it is rarely necessary to add additional software.

The term "enterprise resource planning (ERP)" can mean different things.

Data warehouses are useful mechanisms to support daily routine tasks.

Introduction

Strategy

Design of Products and Services

Project Management

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics Distribution, and Transportation

Global Sourcing and Procurement

Forecasting

Sales and Operations Planning

Inventory Management

Material Requirements Planning

Workcenter Scheduling

Theory of Constraints

Health Care

Operations Consulting

Filters

Exam 17: Enterprise Resource Planning Systems

Which of the following is not a benefit of running large batches in a manufacturing setting?

What is transaction processing?

What is the cash-to-cash cycle time if ARd = 6.5 days, Id = 22.2 days, and APd = 4.2 days?

What is an example of an issue that might be addressed by supply chain event management?

Because the scope of ERP packages is very large, it is rarely necessary to add additional software.

The term "enterprise resource planning (ERP)" can mean different things.

Data warehouses are useful mechanisms to support daily routine tasks.

Introduction

Strategy

Design of Products and Services

Project Management

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics Distribution, and Transportation

Global Sourcing and Procurement

Forecasting

Sales and Operations Planning

Inventory Management

Material Requirements Planning

Workcenter Scheduling

Theory of Constraints

Health Care

Operations Consulting

Filters

What is the cash-to-cash cycle time if AR_d = 6.5 days, I_d = 22.2 days, and AP_d = 4.2 days?