Enterprise resource planning (ERP):
A) seldom requires software upgrade or enhancement.
B) does not integrate well with functional areas other than operations.
C) is inexpensive to implement.
D) automates and integrates the majority of business processes.
E) all of the above
Answer: D
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Operation Management Chapter 14
- Which of the following is FALSE concerning enterprise resource planning (ERP)?
- Distribution resource planning (DRP) is:
- Which of the following statements regarding MRP in services is TRUE?
- MRP II is accurately described as:
- If a load report (resource requirements profile) shows a work center scheduled beyond capacity:
- Capacity planning in closed-loop MRP:
- Which MRP lot-sizing technique should be considered to be the goal (i.e., the technique of choice under ideal conditions)?
- Which of the following is TRUE regarding the POQ lot-sizing method?
- What does the POQ interval equal?
- Which lot-sizing technique orders the quantity needed during a predetermined time between orders?
- Which of the following statements regarding lot-sizing is TRUE?
- For the lot-sizing technique known as lot-for-lot to be appropriate:
- What lot-sizing technique is generally preferred when inventory holding costs are extremely high?
- Which of the following statements is TRUE about the MRP plan when using lot-for-lot ordering?
- Which of the following lot-sizing techniques results in the lowest holding costs?
- What is one of the tools that is particularly useful in reducing system nervousness in an MRP system?
- In MRP, system nervousness is caused by:
- What is the process of tracing upward in the bill of material from the component to the parent item in order to determine the cause for the component requirement?
- Distortion in MRP systems can be minimized when safety stock is held at the:
- In MRP, the number of units projected to be available at the beginning of each time period refers to:
- An order for 110 units of Product A has been placed. There are currently 60 units of Product A on hand. Each A requires 4 units of Part B. There are 20 units of B available. What are the net requirements for B?
- An order for 50 units of Product A and 60 of B has been placed. There are currently 25 units of Product B on hand. Each A requires 2 units of Part C; each B requires 5 units of C. There are 160 units of C available. What are the net requirements for C?
- An order for 110 units of Product M has been placed. There are currently 30 units of Product M on hand. Each M requires 4 units of Component N. There are 20 units of N on hand. What are the net requirements for N?
- Which of the following statements regarding the gross material requirements plan is TRUE?