Exam 9: Effective and Efficient Business Functions

Transportation management systems (TMSs)support all of the following except _______.

Functions of ________ programs include compiling a bill of materials,resource management and scheduling,preparing and dispatching production orders,preparing work-in-progress reports,and tracking production lots.

________ data may be collected by sensors or RFID systems and interpreted in real time,or they can be stored in a database for future analysis.

Ideally,functional systems,such as Manufacturing,Production,and Transportation Management Systems,enable both transparency and quick response.

A CIM can schedule and track each step of the production phase of a particular job,and then print out the bill of materials for the operator and the production steps to complete at each phase.

Retaining high-performance people requires monitoring how people feel about the workplace,their compensation,value to the company,and chances for advancement-and maintaining workplace health and safety.

HR apps are leased in __________ arrangements.

Data-driven,fact-based decision making increasingly relies on data that are hot-impacting the business or potential customer right now,or in real time.

__________ is extra inventory used as a buffer to reduce the risk of stockout.

One factor contributing to the growth of TMS is the need to replace legacy transportation systems because they are inflexible,difficult to integrate with other newer systems,and expensive to maintain.

Synchronizing inbound and outbound flows of materials or goods is an example of:________.

Coordination of several complex processes,namely ordering,purchasing or procurement,inbound logistics and outbound logistics activities is called _____________.

Good planning is necessary because a major reason organizations fail is their inability to forecast and/or secure sufficient __________.

HRIS apps raise ________ and legal challenges,such as those related to recruiting and selecting employees and evaluating their performance.

Production operations management (POM)systems process and transform materials,labor,data,and other inputs into outputs,such as goods and services.

Identify the three organizational and management levels.For each level,explain the types of decisions made,the focus and time horizon of those decisions,and the types of data that are needed for their decisions.

History has shown that if the punishment for committing fraud is not severe,the fraudster's next employer will be the next __________.

A weakness in an internal control is a major cause of fraud,which is also known as white collar crime.

Data requirements of the operational level units are extensive and relatively routine,rarely changing because they depend on fixed sources of input and __________,which is a set of written instructions that document a routine activity that is followed by an organization.

What is the purpose of an inventory control system? Identify the three cost categories where these systems are helpful in minimizing cost.