MGSC 395 STANDARD EXAMS ANSWERS AND
QUESTIONS SET A+
✔✔Studies show that companies reap the greatest rewards with ERP when they
A.
extensively customize their systems to fit their specific needs.
B.
keep their ERP implementations simple.
C.
spend as little money on ERP training as possible.
D.
work with a large number of software vendors. - ✔✔B
✔✔An enterprise process is a companywide process that cuts across
A.
functional areas.
B.
business units and geographic regions.
C.
suppliers and customers.
D.
All of the above. - ✔✔D
✔✔Which of the following is NOT a feature of an ERP system?
A.
Information entered as transactions
B.
Identifying the actions planners must take to stay on schedule
C.
Updating of information in all modules
D.
Single database - ✔✔B
✔✔The Bill of Resources (BOR) can be used to determine which of the following?
, A.
how much of a resource a firm will need
B.
what resources a firm will need
C.
when resources will be needed by a firm
D.
All of the above. - ✔✔D
✔✔Service providers must plan their resources just as manufacturers do. However,
unlike finished goods, services cannot be
A.
provided on demand.
B.
resourced to serve all customers.
C.
inventoried.
D.
All of the above. - ✔✔C
✔✔The concept of dependent demand is
A.
not applicable to service firms.
B.
not applicable to manufacturing firms.
C.
that demand for an item is independent of the demand for all other items the company
produces.
D.
that demand for an item is a function of the production plans for some other item the
company produces. - ✔✔D
✔✔The service analogy to the bill of materials is the
A.
bill of resources.
B.
bill of sale.
C.
bill of process.
D.
bill of service. - ✔✔A
✔✔ A demand management option for a company is to even out the load on resources
by producing ___________ products, or services that have similar resource
requirements but different demand cycles.
QUESTIONS SET A+
✔✔Studies show that companies reap the greatest rewards with ERP when they
A.
extensively customize their systems to fit their specific needs.
B.
keep their ERP implementations simple.
C.
spend as little money on ERP training as possible.
D.
work with a large number of software vendors. - ✔✔B
✔✔An enterprise process is a companywide process that cuts across
A.
functional areas.
B.
business units and geographic regions.
C.
suppliers and customers.
D.
All of the above. - ✔✔D
✔✔Which of the following is NOT a feature of an ERP system?
A.
Information entered as transactions
B.
Identifying the actions planners must take to stay on schedule
C.
Updating of information in all modules
D.
Single database - ✔✔B
✔✔The Bill of Resources (BOR) can be used to determine which of the following?
, A.
how much of a resource a firm will need
B.
what resources a firm will need
C.
when resources will be needed by a firm
D.
All of the above. - ✔✔D
✔✔Service providers must plan their resources just as manufacturers do. However,
unlike finished goods, services cannot be
A.
provided on demand.
B.
resourced to serve all customers.
C.
inventoried.
D.
All of the above. - ✔✔C
✔✔The concept of dependent demand is
A.
not applicable to service firms.
B.
not applicable to manufacturing firms.
C.
that demand for an item is independent of the demand for all other items the company
produces.
D.
that demand for an item is a function of the production plans for some other item the
company produces. - ✔✔D
✔✔The service analogy to the bill of materials is the
A.
bill of resources.
B.
bill of sale.
C.
bill of process.
D.
bill of service. - ✔✔A
✔✔ A demand management option for a company is to even out the load on resources
by producing ___________ products, or services that have similar resource
requirements but different demand cycles.