Question 1

In ERP systems, advanced analytical capabilities that support decision making collectively is called business

Accepted Answer

A)  intelligence. 
B)  support systems. 
C)  decision protocol. 
D)  None of these answer choices is correct. 
A)  intelligence. 
B)  support systems. 
C)  decision protocol. 
D)  None of these answer choices is correct.

Question 2

Material requirements planning (MRP) translates the master production schedule into requirements for components, subassemblies, and raw materials.

Accepted Answer

A) True 
 B)False

Question 3

Capacity requirements planning (CRP) projects the load from a given material plan onto the capacity of a system.

Accepted Answer

A) True 
 B)False

Question 4

A material requirements planning (MRP) system serves as both an inventory control system and as a production scheduling system.

Accepted Answer

A) True 
 B)False

Question 5

A _______________ of material is used to plan the production of products with many optional features.

Accepted Answer

A)  K-bill 
B)  modular bill 
C)  phantom bill 
D)  time-phased bill 
A)  K-bill 
B)  modular bill 
C)  phantom bill 
D)  time-phased bill

Question 6

Gross requirements at one level of a product structure generate gross requirements at the next level.

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

A)  cloud computing 
B)  service-oriented architecture 
C)  software as a service 
D)  XML 
A)  cloud computing 
B)  service-oriented architecture 
C)  software as a service 
D)  XML

Question 8

Single-source ERP systems are often easier to integrate than systems built using the best-in-breed approach.

Accepted Answer

A) True 
 B)False

Question 9

One objective of material requirements planning (MRP) is to utilize all available capacity.

Accepted Answer

A) True 
 B)False

Question 10

Given the following MRP matrix for Item D:   The planned order release for period 5 is

Accepted Answer

A)  100. 
B)  120. 
C)  160. 
D)  270. 
A)  100. 
B)  120. 
C)  160. 
D)  270.

Question 11

Given the following MRP matrix for Item C:   If each order cost $500 and the holding cost is $0.75 per item per period, then using the Periodic Order Quantity lot sizing technique, the planned order release for period 4 is

Accepted Answer

A)  270. 
B)  290. 
C)  340. 
D)  560. 
A)  270. 
B)  290. 
C)  340. 
D)  560.

Question 12

ERP systems consist of a series of __________________ that can be used alone or in concert.

Accepted Answer

A)  accounting applications 
B)  application modules 
C)  personal computers 
D)  None of these answer choices is correct. 
A)  accounting applications 
B)  application modules 
C)  personal computers 
D)  None of these answer choices is correct.

Question 13

_______________________ software plans and executes business processes involving customer interaction.

Accepted Answer

A)  Product lifecycle management 
B)  Customer relationship management 
C)  Supply chain management 
D)  ERP 
A)  Product lifecycle management 
B)  Customer relationship management 
C)  Supply chain management 
D)  ERP

Question 14

What is the difference between independent and dependent demand?

Accepted Answer

The demand for the final product or end

Question 15

A phantom bill of material is appropriate when a product consists of assemblies that are later combined to form a variety of final products.

Accepted Answer

A) True 
 B)False

Question 16

The product structure file provides all of the following information except

Accepted Answer

A)  the product's demand. 
B)  the items that go into the product. 
C)  a brief description of each item. 
D)  when and in what quantity each item is needed in the assembly process. 
A)  the product's demand. 
B)  the items that go into the product. 
C)  a brief description of each item. 
D)  when and in what quantity each item is needed in the assembly process.

Question 17

Given the following Product Structure Record   The number of G's required for each A is

Accepted Answer

A)  2. 
B)  8. 
C)  12. 
D)  24. 
A)  2. 
B)  8. 
C)  12. 
D)  24.

Question 18

What is Enterprise Resource Planning (ERP)?

Accepted Answer

Enterprise Resource Planning (ERP) is so

Question 19

______________ refers to the selection of ERP modules from different vendors.

Accepted Answer

A)  Integrated systems 
B)  Best-of-breed 
C)  Purchase optimization 
D)  None of these answer choices is correct. 
A)  Integrated systems 
B)  Best-of-breed 
C)  Purchase optimization 
D)  None of these answer choices is correct.

Question 20

A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period.   If the periodic order quantity lot sizing rule is used, then planned order releases in Period 2 is

Accepted Answer

A)  40 in period 1. 
B)  60 in period 2. 
C)  120 in period 3. 
D)  140 in Period 2. 
A)  40 in period 1. 
B)  60 in period 2. 
C)  120 in period 3. 
D)  140 in Period 2.

Exam 23: Operational Decision-Making Tools: Linear Programming

In ERP systems, advanced analytical capabilities that support decision making collectively is called business

Material requirements planning (MRP) translates the master production schedule into requirements for components, subassemblies, and raw materials.

Capacity requirements planning (CRP) projects the load from a given material plan onto the capacity of a system.

A material requirements planning (MRP) system serves as both an inventory control system and as a production scheduling system.

A _______________ of material is used to plan the production of products with many optional features.

Gross requirements at one level of a product structure generate gross requirements at the next level.

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

Single-source ERP systems are often easier to integrate than systems built using the best-in-breed approach.

One objective of material requirements planning (MRP) is to utilize all available capacity.

Given the following MRP matrix for Item D: The planned order release for period 5 is

Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period, then using the Periodic Order Quantity lot sizing technique, the planned order release for period 4 is

ERP systems consist of a series of __________________ that can be used alone or in concert.

_______________________ software plans and executes business processes involving customer interaction.

What is the difference between independent and dependent demand?

A phantom bill of material is appropriate when a product consists of assemblies that are later combined to form a variety of final products.

The product structure file provides all of the following information except

Given the following Product Structure Record The number of G's required for each A is

What is Enterprise Resource Planning (ERP)?

______________ refers to the selection of ERP modules from different vendors.

A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period. If the periodic order quantity lot sizing rule is used, then planned order releases in Period 2 is

Introduction to Operations and Supply Chain Management

Quality Management

Statistical Process Control

Product Design

Service Design

Processes and Technology

Capacity and Facilities Design

Human Resources

Project Management

Supply Chain Management Strategy and Design

Global Supply Chain Procurement and Distribution

Forecasting

Inventory Management

Sales and Operations Planning

Resource Planning

Lean Systems

Operational Decision-Making Tools: Decision Analysis

Operational Decision-Making Tools: Acceptance Sampling

Operational Decision-Making Tools: Facility Location Models

Operational Decision-Making Tools: Work Measurement

Operational Decison-Making Tools: Transportation and Transshipment Models

Operational Decision-Making Tools: Simulation

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