• 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 scrap
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