Question 1

The master production schedule&#10;A)drives the MRP system&#10;B)provides a schedule for all component items&#10;C)represents customer demand&#10;D)all of the above

Accepted Answer

A

Question 2

An MRP system is most useful for&#10;A)dependent demand&#10;B)complex products&#10;C)make-to-order or assemble-to-order environments&#10;D)all of the above

Accepted Answer

MRP systems are designed to handle dependent demand which is calculated based on the demand for the finished product and the bill of materials required to produce it. This makes it useful for complex products and make-to-order or assemble-to-order environments. Therefore, the best choice is D, which covers all the above scenarios.

Question 3

Which of the following is a software system that facilitates product design and keeps track of changes in design throughout the lifecycle of a product?&#10;A)ERP&#10;B)CRM&#10;C)PLM&#10;D)SOA&#10;E)SCM

Accepted Answer

PLM stands for Product Lifecycle Management, which is a software system used for product design and keeping track of changes throughout the product's lifecycle. ERP (Enterprise Resource Planning) is a software system used for managing different business processes such as finance, supply chain, and human resources. CRM (Customer Relationship Management) is a software system used for managing customer interactions and relationships. SOA (Service-Oriented Architecture) is an architectural style for building software applications. SCM (Supply Chain Management) is a software system used for managing the flow of goods and services from suppliers to customers.

Question 4

Load percent is&#10;A)Load/capacity&#10;B)Capacity/load&#10;C)Capacity - load)/capacity&#10;D)Utilization x efficiency x load

Accepted Answer

Load percent is typically calculated by dividing actual load by the maximum capacity of a system or equipment, which is equivalent to Load/capacity.

Question 5

ERP stands for&#10;A)enterprise resource planning&#10;B)environmental requirements planning&#10;C)extended reliability planning&#10;D)early rework percentage

Accepted Answer

ERP stands for "enterprise resource planning," which refers to software systems designed to manage and integrate core business processes such as accounting, human resources, and customer relationship management.

Question 6

A suite of enterprise software typically includes all of the following except:&#10;A)ERP&#10;B)CRM&#10;C)PLM&#10;D)SOA&#10;E)SCM

Accepted Answer

The other options (ERP, CRM, PLM, SCM) are commonly included in a suite of enterprise software, while SOA (Service-Oriented Architecture) is a framework or approach for building software systems. It is not a software application or tool that is typically included in a suite.

Question 7

Which of the following is a software system that plans and executes business processes related to customers,sales,promotions and customer service?&#10;A)ERP&#10;B)CRM&#10;C)PLM&#10;D)SOA&#10;E)SCM

Accepted Answer

CRM (Customer Relationship Management) is a software system that plans and executes business processes related to customers, sales, promotions, and customer service. ERP (Enterprise Resource Planning) handles overall business process management, PLM (Product Lifecycle Management) is focused on product development, SOA (Service-Oriented Architecture) is an architectural approach, and SCM (Supply Chain Management) is focused on managing the flow of goods and services from the point of origin to the point of consumption.

Question 8

The process of multiplying the number of end items times the quantity of each lower level item needed to produce a single end item is called&#10;A)explosion.&#10;B)netting.&#10;C)offsetting.&#10;D)pegging.

Accepted Answer

The process described is known as "explosion" in bill of materials management, where the components or lower level items needed to produce a single end item are multiplied. Netting refers to a cancellation process in accounting, offsetting is a financial accounting term, and pegging refers to the linking of inventory levels to customer orders.

Question 9

Choosing ERP modules from different software vendors is called&#10;A)Best practices&#10;B)Best of breed&#10;C)Disaggregation&#10;D)Single sourcing

Accepted Answer

Best of breed allows companies to select the best ERP modules from different vendors, as opposed to being limited to a single software vendor. This approach can lead to greater flexibility and customization, but may also require additional integration efforts.

Question 10

Typical modules available in ERP systems include&#10;A)Sales and marketing&#10;B)Accounting and finance&#10;C)Production and materials management&#10;D)All of the above

Accepted Answer

ERP systems typically include modules for sales and marketing, accounting and finance, and production and materials management, among others. Therefore, option D, "All of the above," is the best choice.

Question 11

The processing of big data requires new technology such as&#10;A)RFID&#10;B)EAI or API&#10;C)Hadoop or Hana&#10;D)All of the above

Accepted Answer

The answer of The processing of big data requires new...

Question 12

______ is the standard hours of work assigned to a facility or work center.&#10;A)Capacity&#10;B)Load&#10;C)Utilization&#10;D)Efficiency

Accepted Answer

The answer of ______ is the standard hours of work...

Question 13

Which of the following software systems plans and executes business processes related to supply chains?&#10;A)ERP&#10;B)CRM&#10;C)PLM&#10;D)SOA&#10;E)SCM

Accepted Answer

The answer of Which of the following software systems plans...

Question 14

The business language of the Internet is&#10;A)HTML&#10;B)XML&#10;C)EAI&#10;D)API

Accepted Answer

The answer of The business language of the Internet is&#10;A)HTML&#10;B)XML&#10;C)EAI&#10;D)API...

Question 15

An item with a low level code of 2&#10;A)takes two periods to complete an order&#10;B)orders two times the net requirements&#10;C)derives its gross requirements from the MPS&#10;D)derives its gross requirements from the planned order releases of its parent

Accepted Answer

The answer of An item with a low level code...

Deck 22: Enterprise Resource Planning