Question 1

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

Question 2

TQM concentrates on anticipating and preventing defects.
Answer
True
False

Question 3

BOM is alternately called, "basis of manufacturing".
Answer
True
False

Question 4

Position control promotes planning and budgeting of personnel costs.
Answer
True
False

Question 5

Demand management forecasting is linked to both MPS and MRP.
Answer
True
False

Question 6

ERP reduces cost but promotes increases in inventory.
Answer
True
False

Question 7

One reason for ERP failures is attributed to narrow focus.
Answer
True
False

Question 8

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

Question 9

Sales forecasting is used primarily to support SCM.
Answer
True
False

Question 10

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

Question 11

Order settlement's goals are to manage operations, quantities and dates.
Answer
True
False

Question 12

Another used for the e-business value chain is "virtual value chain".
Answer
True
False

Question 13

MPS stands for monthly product status.
Answer
True
False

Question 14

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

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

Question 16

ERP and MRP are totally unrelated concepts.
Answer
True
False

Question 17

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

Question 18

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

Question 19

Consistency between new technologies and corporate infrastructure mitigates risk.
Answer
True
False

Question 20

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