Cis 511 Final Exam Solutions Essay

287 Words2 Pages 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

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