CIS 511 Final
1 There is no need to
re-engineer a process once an ERP project has begun.
2 TQM concentrates on
anticipating and preventing defects.
3 BOM is alternately
called, “basis of manufacturing”.
4 Position control
promotes planning and budgeting of personnel costs.
5 Demand management
forecasting is linked to both MPS and MRP.
6 ERP reduces cost
but promotes increases in inventory.
7 One reason for ERP
failures is attributed to narrow focus.
8 Statistical
influences related to data mining are valid for customers and employees but not
employers and pubic agencies.
9 Sales forecasting
is used primarily to support SCM.
10 Employee tracking
from application to retirement is known as human capital inventory.
11 Order settlement’s
goals are to manage operations, quantities and dates.
12 Another used for
the e-business value chain is “virtual value chain”.
13 MPS stands for
monthly product status.
14 e-Business has
transformed customer2customer and supplier2supplier by virtue of data-centric
transactions based on high-speed communications.
15 SCM unites
customers and suppliers with the intent of maximizing responsiveness,
augmenting flexibility, eliminating paperwork and controlling cost.
16 ERP and MRP are
totally unrelated concepts.
17 Open market
relates to the attributes of a first-time relationship between a customer and
supplier for a new product assembly.
18 ERP is a set of
tools used to manage enterprise data.
19 Consistency
between new technologies and corporate infrastructure mitigates risk.
20 EOQ applications
monitor and collect data relative to goods-in-process and piece counts versus
scrap.
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