Deck 17: The Internet of Things and Erp

Question 1

Quality management software supports the activities associated with planning and performing repairs and preventive maintenance.

Answer 1

False

Question 2

When selecting an ERP system, it is possible to take a multivendor approach.

Answer 2

True

Question 3

One of the weaknesses of SAP is the inability to link with most mobile devices.

Answer 3

False

Question 4

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

Question 5

A limitation of traditional financial metrics is that they primarily tell a story of past events.

Question 6

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

Question 7

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.

Question 8

Drilling down means descending through an existing hierarchy to bring out more and more details from a database.

Question 9

Because the scope of ERP packages is very large, it is rarely necessary to add additional software.

Question 10

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

Question 11

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

Question 12

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

Question 13

Oracle is the largest ERP vendor.

Question 14

Only manufacturing affects the inventory account.

Question 15

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

Question 16

Data warehouses are useful mechanisms to support daily routine tasks.

Question 17

Since it is just software, it is fairly quick-and-easy to upgrade an ERP system.

Question 18

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

Question 19

A strength of ERP systems is that it is not necessary to have consistent definitions across all functional areas.

Question 20

When moving product, it is optimal to focus on the lowest price quote of each individual distribution stage.

Question 21

ERP handles all aspects of a supply chain except for managing raw materials.

Question 22

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

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

Question 23

What are two of the main objectives of ERP?

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 24

What industries find CRP most useful?

A) Manufacturing and engineering industries
B) Sports and entertainment industries
C) Consumer product and retail industries
D) Financial and accounting industries

Question 25

Which is not one of the main functions of SAP?

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

Question 26

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

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 27

Which of the following is not a benefit of running large batches in a manufacturing setting?

A) Create larger inventories.
B) Minimize equipment downtime.
C) Increase equipment and labor utilization.
D) Improve quality performance.

Question 28

What is the common name for a computer system that integrates application programs in accounting, sales, manufacturing, and other functions in a firm by way of a shared database?

A) Entrepreneurial resource programming (ERP)
B) Enterprise resource planning (ERP)
C) Endeavour reconstruction planning (ERP)
D) Enterprise retention programming (ERP)

Question 29

On which four major areas do ERP modules typically focus?

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 30

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

Question 31

Which of the following is not an aspect of ERP that determines quality?

A) The software should be multifunctional.
B) The software should be integrated.
C) The software should narrowly focus on a single function.
D) The software must facilitate basic planning.

Question 32

What is the name of Microsoft's version of ERP?

A) Dynamics
B) Manugistics
C) Oracle
D) i2

Question 33

What is the primary goal of an ERP system?

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 34

What is transaction processing?

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

Question 35

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

Question 36

What three functional areas make up the manufacturing operating cycle?

A) Manufacturing, sales, and distribution
B) Purchasing, manufacturing, and logistics
C) Procurement, engineering, and sales
D) Purchasing, manufacturing, and sales and distribution

Question 37

Within ERP, which set of applications is the largest and most complicated?

A) Finance
B) Manufacturing and logistics
C) Sales and marketing
D) Human resources

Question 38

How often are major software changes typically made to ERP?

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

Question 39

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

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 40

Which of the following are not ERP applications?

A) Transaction processing
B) Warranty processing
C) Finance
D) Sales and marketing
E) Human resource management