Question 1

____________________ software manages the design interaction between suppliers and customers.

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Question 2

With _________________, on-demand IT services are provided over the Internet.

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Question 3

________________________ software plans and executes business processes involving supplier interaction.

Accepted Answer

Supply chain management software is specifically designed to manage and optimize supplier interactions and processes within a business. Product lifecycle management and customer relationship management software may involve supplier interaction, but they focus on different aspects of the business. ERP systems may include supply chain management functionality, but it is not their sole focus.

Question 4

What is Enterprise Resource Planning (ERP)?

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Question 5

When is it appropriate to use material requirements planning (MRP)?

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Question 6

What is a bill-of-material?

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Question 7

How does MRP differ from traditional inventory control systems?

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Question 8

What is the difference between independent and dependent demand?

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Question 9

With _________________, customers can bundle together the services that they need and not purchase the entire system.

Accepted Answer

Service-oriented architecture (SOA) allows customers to bundle together specific services that they need without having to purchase an entire system. This approach to software design allows for greater flexibility and customization for the customer. Cloud computing and software as a service (SaaS) typically involve purchasing access to a pre-designed system rather than allowing for customization. XML is a markup language used to encode documents for easy sharing and is not directly related to service bundling.

Question 10

Enterprise application software breaks down complex business processes into a series of transactions between applications typically uses which of the following programming languages?

Accepted Answer

XML is used in enterprise application software as it allows different applications to communicate with each other and exchange data in a structured format. EDI (electronic data interchange) is a standard for exchanging business documents, but it is not a programming language. SCM (supply chain management) and PLM (product lifecycle management) are business processes and not programming languages.

Question 11

What is the master production schedule (MPS) and what role does in play in the material requirements planning (MRP) process?

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Question 12

What steps are necessary to effectively implement Enterprise Resource Planning (ERP)?

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Quiz 23: Operational Decision-Making Tools: Linear Programming