CCR 3 PRACTICE
What type of production process produces goods when production is generated by a specific
customer order? - correct answer-Make-to-order
________ when ERP (Enterprise Resource Planning) systems experience an operational
problem is a disadvantage of cloud-based ERP systems. - correct answer-Lack of Control
Which of the following terms describes how information changes in one functional area of an
ERP (Enterprise Resource Management) system is able to be seamlessly and immediately
reflected in all other pertinent functional areas? - correct answer-Tight Integration
As part of the MRP (Materials Requirements Planning) process, what term is used to
describe a lot size, or the number to items to purchase or build, that is commonly used for
replenishing inventory when production demand is fairly consistent over time? - correct
answer-FOQ
What type of inventory demand is derived from finished products a company plans to
product, is based on the number of items being produced, and is calculated by the MRP
system? - correct answer-Dependent Demand
According to the "Why Do We Need ERP?", what is the critical success factor for the
success of departments and business units (BU) depend? - correct answer-Effective
communication and data exchange
What type of inventory demand is based on a forecast for finished products and does not
depend upon other products? - correct answer-Independent Demand
Which of the following functional modules would NOT be considered as an (optional)
"Extended ERP" module? - correct answer-Financial Management
Which of the following terms desceibe ERP systems that include administrative, sales,
marketing, and human resources processes, as well as functionality that use the Web and
connects all facets of the value chain? - correct answer-ERP II (Enterprise Resource
Management II)
The ________ process originates in the sales department (based on a customer's request to
buy a product) and ends in the accounting department (receive payment). - correct
answer-fulfillement
In the cupcake "manufacturing" case study that was discussed in class, the fact we purchase
butter by stick, but when baking we use butter by the ounce is an example of which of the
following? - correct answer-Unit of measure conversions (Buy-vs-issue)
, In a Master Production Schedule plan, the "Projected Available" quantity represents what
planning information? - correct answer-Projected inventory quantity at the end the planning
bucket
According to the Goldman Sachs video case study on the "Factory of the Future", which one
of the following technologies would be the result of increased human and machine
collaboration? - correct answer-Robots
A bill of materials (BOM) typically would NOT include which of the following items? - correct
answer-Tools and Machines Used by Production
Along with a hierarchical Product Tree Structure, the relationships of items within the
Bill-Of-Materials (BOM) can also be represented by which of the following? - correct
answer-Indented Bill-of-Materials
The ________ activity of SCM (Supply Chain Management) is the most metric-intensive part
of the supply chain in which organizations measure quality levels, production output, and
worker productivity. - correct answer-make
Organizations must have a strategy for managing all the resources that are involved in
meeting customer demand for their product or service. This strategy is developed in the
________ activity of SCM (Supply Chain Management). - correct answer-plan
In the ________ activity of SCM (Supply Chain Management), supply chain managers
develop processes for managing their goods and services inventory, including receiving and
verifying shipments, transferring the shipped materials to manufacturing facilities, and
authorizing supplier payments. - correct answer-source
When using a Collaborative Planning Forecasting and Replenishment strategy to manage
their Supply Chain, along with current inventory quantities, what additional information does
a company share with its vendors relating to product sales at their retail store operations? -
correct answer-POS
Which of the following causes of the Bullwhip Effect occurs when a vendor allocates
products that have limited availability and customers respond by intentionally
misrepresenting their order quantities beyond their actual need? - correct answer-shortage
gaming
According to the Root Cause Analysis video case, what was the root cause analysis
recommendation to prevent the stone in the Jefferson Memorial in Washington, DC from
crumbling? - correct answer-Delaying when to turn on the monument's lightning until after
sunset
Who prioneered a manufacturing method based around the principle of "take the work to the
man, not the man to the work"? - correct answer-ford
What type of production process produces goods when production is generated by a specific
customer order? - correct answer-Make-to-order
________ when ERP (Enterprise Resource Planning) systems experience an operational
problem is a disadvantage of cloud-based ERP systems. - correct answer-Lack of Control
Which of the following terms describes how information changes in one functional area of an
ERP (Enterprise Resource Management) system is able to be seamlessly and immediately
reflected in all other pertinent functional areas? - correct answer-Tight Integration
As part of the MRP (Materials Requirements Planning) process, what term is used to
describe a lot size, or the number to items to purchase or build, that is commonly used for
replenishing inventory when production demand is fairly consistent over time? - correct
answer-FOQ
What type of inventory demand is derived from finished products a company plans to
product, is based on the number of items being produced, and is calculated by the MRP
system? - correct answer-Dependent Demand
According to the "Why Do We Need ERP?", what is the critical success factor for the
success of departments and business units (BU) depend? - correct answer-Effective
communication and data exchange
What type of inventory demand is based on a forecast for finished products and does not
depend upon other products? - correct answer-Independent Demand
Which of the following functional modules would NOT be considered as an (optional)
"Extended ERP" module? - correct answer-Financial Management
Which of the following terms desceibe ERP systems that include administrative, sales,
marketing, and human resources processes, as well as functionality that use the Web and
connects all facets of the value chain? - correct answer-ERP II (Enterprise Resource
Management II)
The ________ process originates in the sales department (based on a customer's request to
buy a product) and ends in the accounting department (receive payment). - correct
answer-fulfillement
In the cupcake "manufacturing" case study that was discussed in class, the fact we purchase
butter by stick, but when baking we use butter by the ounce is an example of which of the
following? - correct answer-Unit of measure conversions (Buy-vs-issue)
, In a Master Production Schedule plan, the "Projected Available" quantity represents what
planning information? - correct answer-Projected inventory quantity at the end the planning
bucket
According to the Goldman Sachs video case study on the "Factory of the Future", which one
of the following technologies would be the result of increased human and machine
collaboration? - correct answer-Robots
A bill of materials (BOM) typically would NOT include which of the following items? - correct
answer-Tools and Machines Used by Production
Along with a hierarchical Product Tree Structure, the relationships of items within the
Bill-Of-Materials (BOM) can also be represented by which of the following? - correct
answer-Indented Bill-of-Materials
The ________ activity of SCM (Supply Chain Management) is the most metric-intensive part
of the supply chain in which organizations measure quality levels, production output, and
worker productivity. - correct answer-make
Organizations must have a strategy for managing all the resources that are involved in
meeting customer demand for their product or service. This strategy is developed in the
________ activity of SCM (Supply Chain Management). - correct answer-plan
In the ________ activity of SCM (Supply Chain Management), supply chain managers
develop processes for managing their goods and services inventory, including receiving and
verifying shipments, transferring the shipped materials to manufacturing facilities, and
authorizing supplier payments. - correct answer-source
When using a Collaborative Planning Forecasting and Replenishment strategy to manage
their Supply Chain, along with current inventory quantities, what additional information does
a company share with its vendors relating to product sales at their retail store operations? -
correct answer-POS
Which of the following causes of the Bullwhip Effect occurs when a vendor allocates
products that have limited availability and customers respond by intentionally
misrepresenting their order quantities beyond their actual need? - correct answer-shortage
gaming
According to the Root Cause Analysis video case, what was the root cause analysis
recommendation to prevent the stone in the Jefferson Memorial in Washington, DC from
crumbling? - correct answer-Delaying when to turn on the monument's lightning until after
sunset
Who prioneered a manufacturing method based around the principle of "take the work to the
man, not the man to the work"? - correct answer-ford
