Question 1

Information availability can provide all of the following except?

Accepted Answer

A)  Reduced uncertainties 
B)  Increased lead times 
C)  Improved material tracking 
D)  Improved product tracking 
A)  Reduced uncertainties 
B)  Increased lead times 
C)  Improved material tracking 
D)  Improved product tracking

Question 2

Cloud-based ERP systems account for approximately what percentage of the modern ERP systems global market?

Accepted Answer

A)  10% 
B)  25% 
C)  70% 
D)  95% 
A)  10% 
B)  25% 
C)  70% 
D)  95%

Question 3

An alternate name for a production management add-on module for an ERP system is?

Accepted Answer

A)  Manufacturing placement system 
B)  Manufacturing planning system 
C)  Manufacturing execution system 
D)  Manufacturing production system 
A)  Manufacturing placement system 
B)  Manufacturing planning system 
C)  Manufacturing execution system 
D)  Manufacturing production system

Question 4

The value of information allows it to often be referred to as a(n) ________ asset.

Accepted Answer

The answer of The value of information allows it to...

Question 5

Failure to adequately control processes can result in negative impacts to all of the following except?

Accepted Answer

A)  Decreased productivity 
B)  Decreased speed 
C)  Increased customer service 
D)  Reduced consistency 
A)  Decreased productivity 
B)  Decreased speed 
C)  Increased customer service 
D)  Reduced consistency

Question 6

MRP systems have been touted to provide all of the following except?

Accepted Answer

A)  Better customer service 
B)  Higher inventory levels 
C)  Better demand responsiveness 
D)  Higher capacity utilization 
A)  Better customer service 
B)  Higher inventory levels 
C)  Better demand responsiveness 
D)  Higher capacity utilization

Question 7

How did ERP systems evolve from early systems to the modern systems of today?

Accepted Answer

A successful answer will indicate that m

Question 8

Information can be referred to as what type of asset?

Accepted Answer

A)  Knowledge 
B)  Communication 
C)  Intellectual 
D)  Informative 
A)  Knowledge 
B)  Communication 
C)  Intellectual 
D)  Informative

Question 9

Material ________ planning is a software system used to determine the assembly and purchase requirements for a product's manufacturing schedule.

Accepted Answer

The answer of Material ________ planning is a software system...

Question 10

All of the following are ERP shortcomings except?

Accepted Answer

A)  Inventory records must be accurate, updated, and communicated 
B)  Small initial expense 
C)  Software customizations might be required 
D)  Processes must change to accommodate software 
A)  Inventory records must be accurate, updated, and communicated 
B)  Small initial expense 
C)  Software customizations might be required 
D)  Processes must change to accommodate software

Question 11

The flow of information from customers to a firm is referred to as what type of information flow?

Accepted Answer

A)  Environmental 
B)  Internal 
C)  Corporate 
D)  External 
A)  Environmental 
B)  Internal 
C)  Corporate 
D)  External

Question 12

Direct inputs into the master production schedule include all of the following except?

Accepted Answer

A)  Purchase orders 
B)  Aggregate production plan 
C)  Firm customer orders 
D)  Bill of materials 
A)  Purchase orders 
B)  Aggregate production plan 
C)  Firm customer orders 
D)  Bill of materials

Question 13

Modern ERP systems are becoming?

Accepted Answer

A)  More flexible 
B)  More responsive 
C)  Both more flexible and more responsive 
D)  Neither more flexible nor more responsive 
A)  More flexible 
B)  More responsive 
C)  Both more flexible and more responsive 
D)  Neither more flexible nor more responsive

Question 14

An MPS uses a ____________ production schedule.

Accepted Answer

The answer of An MPS uses a ____________ production schedule....

Question 15

The most powerful trend in ERP is likely to be?

Accepted Answer

A)  RFID 
B)  Lean management 
C)  Manual inventory tracking 
D)  Cloud computing 
A)  RFID 
B)  Lean management 
C)  Manual inventory tracking 
D)  Cloud computing

Question 16

Determining current internal and external information users and their information requirements can be done by an?

Accepted Answer

A)  Information investigation 
B)  Information audit 
C)  Information inquisition 
D)  Information assessment 
A)  Information investigation 
B)  Information audit 
C)  Information inquisition 
D)  Information assessment

Question 17

The uncertainty associated with information content, format, or timing is referred to as?

Accepted Answer

A)  Information volatility 
B)  Information dispersion 
C)  Information acceleration 
D)  Information velocity 
A)  Information volatility 
B)  Information dispersion 
C)  Information acceleration 
D)  Information velocity

Question 18

Typical ERP application add-on modules include all of the following except?

Accepted Answer

A)  Financial Management 
B)  Supplier Management 
C)  Production Management 
D)  Logistic Management 
A)  Financial Management 
B)  Supplier Management 
C)  Production Management 
D)  Logistic Management

Question 19

SAP accounts for approximately what percentage of the global ERP market?

Accepted Answer

A)  5% 
B)  10% 
C)  25% 
D)  50% 
A)  5% 
B)  10% 
C)  25% 
D)  50%

Question 20

Approximately what percentage of products are returned by customers?

Accepted Answer

A)  5% 
B)  10% 
C)  20% 
D)  50% 
A)  5% 
B)  10% 
C)  20% 
D)  50%

Information availability can provide all of the following except?

Cloud-based ERP systems account for approximately what percentage of the modern ERP systems global market?

An alternate name for a production management add-on module for an ERP system is?

The value of information allows it to often be referred to as a(n) ________ asset.

Failure to adequately control processes can result in negative impacts to all of the following except?

MRP systems have been touted to provide all of the following except?

How did ERP systems evolve from early systems to the modern systems of today?

Information can be referred to as what type of asset?

Material ________ planning is a software system used to determine the assembly and purchase requirements for a product's manufacturing schedule.

All of the following are ERP shortcomings except?

The flow of information from customers to a firm is referred to as what type of information flow?

Direct inputs into the master production schedule include all of the following except?

Modern ERP systems are becoming?

An MPS uses a ____________ production schedule.

The most powerful trend in ERP is likely to be?

Determining current internal and external information users and their information requirements can be done by an?

The uncertainty associated with information content, format, or timing is referred to as?

Typical ERP application add-on modules include all of the following except?

SAP accounts for approximately what percentage of the global ERP market?

Approximately what percentage of products are returned by customers?

Operations Management, Processes, and Supply Chain Management

Corporate Strategy, Performance, and Sustainability

Product Design and Development

Process Design and Capacity Management

Customer Relationships and Customer Service

Demand Management, Forecasting, and Aggregate Planning

Independent Demand Inventory Management

Material Flow Analysis and Facility Layouts

Supplement: Job Scheduling and Vehicle Routing

Lean Systems

Managing Customer and Work Flows

Managing Projects

Six Sigma Quality Management

Supplement: Statistical Quality Control

Global Supply Management

Location, Logistics, and Product Returns

Integrating Processes Along the Supply Chain

Filters

Exam 11: Managing Information Flowsmrp and Erp

Information availability can provide all of the following except?

Cloud-based ERP systems account for approximately what percentage of the modern ERP systems global market?

An alternate name for a production management add-on module for an ERP system is?

The value of information allows it to often be referred to as a(n) ________ asset.

Failure to adequately control processes can result in negative impacts to all of the following except?

MRP systems have been touted to provide all of the following except?

How did ERP systems evolve from early systems to the modern systems of today?

Information can be referred to as what type of asset?

Material ________ planning is a software system used to determine the assembly and purchase requirements for a product's manufacturing schedule.

All of the following are ERP shortcomings except?

The flow of information from customers to a firm is referred to as what type of information flow?

Direct inputs into the master production schedule include all of the following except?

Modern ERP systems are becoming?

An MPS uses a ____________ production schedule.

The most powerful trend in ERP is likely to be?

Determining current internal and external information users and their information requirements can be done by an?

The uncertainty associated with information content, format, or timing is referred to as?

Typical ERP application add-on modules include all of the following except?

SAP accounts for approximately what percentage of the global ERP market?

Approximately what percentage of products are returned by customers?

Operations Management, Processes, and Supply Chain Management

Corporate Strategy, Performance, and Sustainability

Product Design and Development

Process Design and Capacity Management

Customer Relationships and Customer Service

Demand Management, Forecasting, and Aggregate Planning

Independent Demand Inventory Management

Material Flow Analysis and Facility Layouts

Supplement: Job Scheduling and Vehicle Routing

Lean Systems

Managing Customer and Work Flows

Managing Projects

Six Sigma Quality Management

Supplement: Statistical Quality Control

Global Supply Management

Location, Logistics, and Product Returns

Integrating Processes Along the Supply Chain

Filters