Reference no: EM1381474
1. The following feature of ERP makes it valuable as a strategic planning tool. Rapid-batch capability
Question 2. Describe a net-change system. It is usually run at the beginning of each month.
The basic production plan is modified to reflect changes as they occur.
It is used to authorize the execution of planned orders.
It indicates the amount and timing of future changes.
It is a batch-type system, which is periodically updated.
Question 3. Net requirements for Component J are as follows: 60 units in Week 2, 40 units in Week 3, and 60 units in Week 5. If a fixed-period, two-period lot-sizing method is used, then what will be the quantity of the first planned receipt?
Cannot be determined
None of the above
Question 4. When MRP-II systems include feedback, they are known as MRP III.
enterprise resource planning.
Question 5. Logistics include all of the following, except incoming shipments of goods or materials.
outgoing shipments of goods or materials.
the movement of materials within a production facility.
returned goods processing.
Question 6. Effective supply chain management has all of the following benefits, except
lower inventory costs.
shorter lead times.
greater customer loyalty.
larger number of suppliers.