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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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