Question 1

How often are major software changes typically made to ERP?

Accepted Answer

A)  Every 12 months 
B)  Every 1 to 2 years 
C)  Every 3 to 5 years 
D)  Every 5 to 10 years 
A)  Every 12 months 
B)  Every 1 to 2 years 
C)  Every 3 to 5 years 
D)  Every 5 to 10 years

Question 2

In the functional silo approach, the purchasing function typically considers quality a goal.

Accepted Answer

A) True 
 B)False

Question 3

All of the modules of an ERP system should be purchased from the same vendor.

Accepted Answer

A) True 
 B)False

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

What is the primary goal of an ERP system?

Accepted Answer

A)  The integration of data processes and data storage 
B)  Creating consistent definitions across all functional areas 
C)  The efficient handling of the transactions as goods move through each step of the process 
D)  The scheduling of machinery to minimize downtime and reduce scrap 
A)  The integration of data processes and data storage 
B)  Creating consistent definitions across all functional areas 
C)  The efficient handling of the transactions as goods move through each step of the process 
D)  The scheduling of machinery to minimize downtime and reduce scrap

Question 6

A typical ERP system has modules that use the same user interface, similar to that of Microsoft Office products.

Accepted Answer

A) True 
 B)False

Question 7

Which is not one of the main functions of SAP?

Accepted Answer

A)  Supply chain planning 
B)  Supply chain execution 
C)  Supply chain collaboration 
D)  Supply chain redesign 
A)  Supply chain planning 
B)  Supply chain execution 
C)  Supply chain collaboration 
D)  Supply chain redesign

Question 8

A data warehouse is a special building, or floor of a building, built especially to safeguard the data used by an ERP system. Data warehouses require advanced cooling and air filtration.

Accepted Answer

A) True 
 B)False

Question 9

Only manufacturing affects the inventory account.

Accepted Answer

A) True 
 B)False

Question 10

What are two of the main objectives of ERP?

Accepted Answer

A)  Transaction processing and decision support 
B)  Product tracking and customer invoicing 
C)  Transaction processing and logistic optimizing 
D)  Resource tracking and master schedule planning 
A)  Transaction processing and decision support 
B)  Product tracking and customer invoicing 
C)  Transaction processing and logistic optimizing 
D)  Resource tracking and master schedule planning

Question 11

Which of the following is a main benefit of processing transactions in real time?

Accepted Answer

A)  There is no delay in the processing of the transaction. 
B)  The amount of detail available in the system is extremely rich. 
C)  It allows for immediate analysis, which can be valuable in making improvements. 
D)  All of these choices are correct. 
A)  There is no delay in the processing of the transaction. 
B)  The amount of detail available in the system is extremely rich. 
C)  It allows for immediate analysis, which can be valuable in making improvements. 
D)  All of these choices are correct.

Question 12

The supply chain design module provides a centralized overview of the entire supply chain and key performance indicators.

Accepted Answer

A) True 
 B)False

Question 13

What set of applications supports the capabilities needed to manage, schedule, pay, hire, and train people who make the organization run?

Accepted Answer

A)  Sales and marketing 
B)  Manufacturing 
C)  Logistics 
D)  Human resources 
A)  Sales and marketing 
B)  Manufacturing 
C)  Logistics 
D)  Human resources

Question 14

Each ERP module uses its own database with each database connecting to a common data warehouse.

Accepted Answer

A) True 
 B)False

Question 15

On which four major areas do ERP modules typically focus?

Accepted Answer

A)  Finance, manufacturing and logistics, sales and marketing, human resources 
B)  Accounting, finance, human resources, manufacturing 
C)  Accounting, finance, information technology, manufacturing 
D)  Information technology, manufacturing, logistics, accounting 
A)  Finance, manufacturing and logistics, sales and marketing, human resources 
B)  Accounting, finance, human resources, manufacturing 
C)  Accounting, finance, information technology, manufacturing 
D)  Information technology, manufacturing, logistics, accounting

Question 16

ERP systems can be inefficient at handling the numerous transactions that document the activities of a company.

Accepted Answer

A) True 
 B)False

Question 17

ERP systems allow for integrated planning across the different functional areas in a firm.

Accepted Answer

A) True 
 B)False

Question 18

A SAP system can accommodate items that must be maintained in inventory while simultaneously supporting JIT efforts for other items.

Accepted Answer

A) True 
 B)False

Question 19

An ERP system is a single, large software program. It that regard, it has the same structure as Microsoft Excel.

Accepted Answer

A) True 
 B)False

Question 20

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

Exam 17: The Internet of Things and Erp

How often are major software changes typically made to ERP?

In the functional silo approach, the purchasing function typically considers quality a goal.

All of the modules of an ERP system should be purchased from the same vendor.

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

What is the primary goal of an ERP system?

A typical ERP system has modules that use the same user interface, similar to that of Microsoft Office products.

Which is not one of the main functions of SAP?

A data warehouse is a special building, or floor of a building, built especially to safeguard the data used by an ERP system. Data warehouses require advanced cooling and air filtration.

Only manufacturing affects the inventory account.

What are two of the main objectives of ERP?

Which of the following is a main benefit of processing transactions in real time?

The supply chain design module provides a centralized overview of the entire supply chain and key performance indicators.

What set of applications supports the capabilities needed to manage, schedule, pay, hire, and train people who make the organization run?

Each ERP module uses its own database with each database connecting to a common data warehouse.

On which four major areas do ERP modules typically focus?

ERP systems can be inefficient at handling the numerous transactions that document the activities of a company.

ERP systems allow for integrated planning across the different functional areas in a firm.

A SAP system can accommodate items that must be maintained in inventory while simultaneously supporting JIT efforts for other items.

An ERP system is a single, large software program. It that regard, it has the same structure as Microsoft Excel.

What is transaction processing?

Introduction

Strategy

Design of Products and Services

Projects

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

Filters