Question: chapter-1-introduction-to-supply-chain-management-5

11. Which
of the following MRP terms represents a committed order awaiting delivery for a
specific period?

a.

Projected on-hand inventory

b.

Time bucket

c.

Net requirement

d.

Scheduled receipt

12. Which
of the following MRP terms represents the parts demanded by a parent?

a.

Gross requirement

b.

Component

c.

Net requirement

d.

Scheduled receipt

13. Which
number should be placed in the spot presently filled with the X?

Item ABC-Level 1

1

2

3

4

Gross Requirements

20

20

50

30

Schedule Receipts

25

Projected on Hand Inventory

30

10

15

40

10

Net Requirements

Planned Order Releases

X

Q = 25; LT = 2; SS = 10

a.

50

b.

75

c.

10

d.

20

14. Which
number should be placed in the spot presently filled with the X?

Item ABC-Level

1

2

3

4

Gross Requirements

40

65

35

10

Schedule Receipts

60

Projected on Hand Inventory

70

30

25

20

10

Net Requirements

Planned Order Releases

X

Q = 30; LT = 2; SS = 10

a.

10

b.

15

c.

30

d.

60

15. Which
number should be placed in the spot presently filled with the X?

Item ABC-Level

1

2

3

4

Gross Requirements

20

10

40

X

Schedule Receipts

25

Projected on Hand Inventory

25

30

20

30

25

Net Requirements

Planned Order Releases

50

Q = 25; LT = 2; SS = 20

a.

20

b.

5

c.

10

d.

15

16. Which
number should be placed in the spot presently filled with the X?

Item ABC-Level

1

2

3

4

Gross Requirements

20

20

10

15

Schedule Receipts

20

Projected on Hand Inventory

50

30

30

20

X

Net Requirements

Planned Order Releases

40

Q = 20; LT = 3; SS = 20

a.

20

b.

5

c.

45

d.

35

17. The
acronym ERP is short for:

a.

Enterprise Resource Planning

b.

Electronic Resource Provider

c.

Executive Resource Plan

d.

Electronic Requirements
Provider

18. Which
of the following is considered an advantage/benefit of utilizing in ERP system?

a.

Utilizes multiple databases
in order to provide up-to-date information

b.

Increases the privacy level
within an organization, thus functional departments can more easily protect
their data from supporting or dependent functional departments

c.

Allows organizations to more
easily communicate information about operational changes to supply chain
members

d.

Increases the bullwhip effect

19. Which
of the following is considered an advantage/benefit of utilizing an ERP system?

a.

Fairly inexpensive to
purchase and implement

b.

Enables the company to
utilize a single centralized database system, thus eliminating duplicate data
entry.

c.

Flexible enough that it
allows different companies with different business models to mold the new ERP
system to fit the company’s business model

d.

All of these

20. While
ERP is a relatively new technology, it has grown rapidly since the early 1990s.
Which of the following is the reason that has contributed to its rapid growth?

a.

The year 2000 millennium bug

b.

The trend for companies to
eliminate their supply chain partners

c.

The increased use of email
during the 1990’s

d.

All of these

21. Organizations
that choose to implement one single system with all of the desired applications
from a single vendor versus choosing to implement the best applications or
modules for each of the different functional departments associated with the
supply chain is said to have chosen a(n):

a.

Best-of-breed solution

b.

Elite integrator solution

c.

Single integrator solution

d.

Premier application solution

22. Organizations
that choose to implement the best applications or modules for each of the
different functional departments associated with the supply chain versus
choosing to implement one single system with all of the desired applications
from a single vendor is said to have chosen a(n):

a.

Best-of-breed solution

b.

Elite integrator solution

c.

Multi-modular solution

d.

Premier application solution

23. According
to the textbook, which of the following is considered a reason that ERP
implementations fail?

a.

The organization may lack the
necessary workforce and expertise to properly implement the system

b.

Top management becomes
overcommitted to the point where they constantly encourage the employees
during implementation

c.

Organizations tend to spend
too much time and money training their employees on the new system

d.

All of these

24. Not
all ERP software is designed to provide the exact same tools, nonetheless, some
of the common modules usually included in ERP software packages include:

a.

Customer Relationship
Management and human resource management

b.

Human resource management and
accounting and finance

c.

Supplier relationship
management and customer relationship management

d.

All of these

25. Which
of the following is NOT a common module of ERP systems?

a.

Human Resources Management

b.

Customer Relationship
Management

c.

Marketing Resources
Management

d.

Supply Chain Management
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