Cis 511 Final Exam Solutions

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CIS 511 Final Exam Solutions

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CIS 511 Final Exam Solutions

• Question 1

There is no need to re-engineer a process once an ERP project has begun.

• Question 2

TQM concentrates on anticipating and preventing defects.

• Question 3

BOM is alternately called, “basis of manufacturing”.

• Question 4

Position control promotes planning and budgeting of personnel costs.

• Question 5

Demand management forecasting is linked to both MPS and MRP.

• Question 6

ERP reduces cost but promotes increases in inventory.

• Question 7

One reason for ERP failures is attributed to narrow focus.

• Question 8

Statistical influences related to data mining are valid for customers and employees but not employers and pubic agencies.

• Question 9

Sales forecasting is used primarily to support SCM.

• Question 10

Employee tracking from application to retirement is known as human capital inventory.

• Question 11

Order settlement’s goals are to manage operations, quantities and dates.

• Question 12

Another used for the e-business value chain is “virtual value chain”.

• Question 13

MPS stands for monthly product status.

• Question 14

e-Business has transformed customer2customer and supplier2supplier by virtue of data-centric transactions based on high-speed communications.

• Question 15

SCM unites customers and suppliers with the intent of maximizing responsiveness, augmenting flexibility, eliminating paperwork and controlling cost.

• Question 16

ERP and MRP are totally unrelated concepts.

• Question 17

Open market relates to the attributes of a first-time relationship between a customer and supplier for a new product assembly.

• Question 18

ERP is a set of tools used to manage enterprise data.

• Question 19

Consistency between new technologies and corporate infrastructure mitigates risk.

• Question 20

EOQ applications monitor and collect data relative to goods-in-process and piece counts versus...