A company has decided
to acquire materials via internal procurement. What is the likely next step?
Right Ans - Create an STO
A purchase requisition is Right Ans - A request to purchase materials
A storage location-to-
storage location transfer involves which of the following? Right Ans - A
stock transfer between two storage locations within the same plant
A storage type is a division of
a warehouse based on the characteristics of the Right Ans - Space,
materials, and activity
After the SOP process has
generated the production plan, Right Ans - The plan is transferred to
demand management
All of the following are
key organizational elements for which material master data are defined for
the fulfillment process except Right Ans - Shipping point
All of the following can serve as a work center except Right Ans - A
shipping dock
At what level are material
requirements planning (MRP) and work scheduling data defined? Right
Ans - Plant level
Benefits of implementing BPM include: Right Ans - smooth business
operations
BPR teams will be
composed of functional users and ________ along with facilitators. Right Ans
- managers
Half of all ERP projects
, fail to deliver all the anticipated benefits because they do not do a good job of:
Right Ans - managing change
Identify the step in the
fulfillment process for which a material document is created Right Ans -
Goods issue
Identify the step in the
procurement process for which a material document is created. Right Ans -
Goods receipt
If a company has adopted the make-to-stock strategy, what is the trigger for
the production of goods? Right Ans - Need to increase inventory
In plant-to- plant transfer,
an FI document Right Ans - is created in both one-step and two-step
movements
In SAP ERP production planning strategy, net requirements planning
(Strategy 10), procurement proposals are based on Right Ans - PIRs,
without regard to CIRs
In the fulfillment
process, a plant is Right Ans - A facility from which the company delivers
products and services to its customers
In the procurement
process, a purchase requisition is created during which step? Right Ans -
requirements determination
In the production
process, a goods issue reflects Right Ans - Issuing raw materials or
semifinished goods to a production order
In warehouse management
steps associated with the procurement process, the warehouse inventory is
calculated as sum of the inventory in the following places: Right Ans -
Interim storage areas and warehouse bins
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Studyhall. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.