Exam 9: Operational Planning and Control Systems

__________ is a programming language and an international standard for electronic transmission of business and financial information.It helps generate cleaner data,including written explanations and supporting notes.

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

Strategic level decisions are visionary and future-oriented.What types of data are specifically required for these decisions?

A company's payroll systems prepare and process the payroll data periodically,such as at the end of the work week.This type of processing is known as __________.

__________ is the analysis of data generated by visitors' behavior on a company's Web site.

Marketing channel systems consist of each of the following systems except:

__________ tells organizations what funds they need and when,and how they will acquire them.

Characteristics of projects that make them different from operations include each of the following except:

What types of data are specifically required for decisions made at the managerial or administrative level?

Bernie Madoff committed a record-setting fraud scheme for many years __________ was passed to prevent financial fraud.

What is a robot? Explain how industrial robots can be used in logistics,distribution,or materials handling.

In the August 2008 benchmark study,"Customer Analytics: Segmentation Beyond Demographics," respondents stated that their top data-related challenge was__________.

The traveling circus Cirque du Soleil schedules and transports 20,000 performers and stage equipment and costumes,which are changing constantly.To manage HR,finance,logistics,and production scheduling applications,the company implemented __________ software,which enabled data sharing.

A standard operating procedure,or SOP,is a loosely defined and suggested procedure for completing a process or function,such as a quality control process or function.

Sales volumes of products and services are largely determined by __________,which is also a major determinant of profit.

Generally speaking,why do organizations automate TPS data entry as much as possible?

Which is not one of the key characteristics of a TPS?

Toyota implemented __________ inventory management to minimize holding costs by not taking possession of inventory until it is needed in the production process.

Why are the three levels of management and decision making often modeled as a pyramid? .

Which is not one of the benefits of using budgeting software?