Mrp and erp - Study guides, Class notes & Summaries

Which of the following tools is considered an important quality management tool? CORRECT ANSWER Control Chart. The primary use of control charts is to detect assignable causes of variation in a process. In a bill of material, the path that adds up to the greatest number of lead time periods defines the: CORRECT ANSWER Cumulative lead time; cumulative lead time for an items consists of the longest lead time path for a given bill of material. Delivery and demand lead times are subsets of cumula...

TABLE OF CONTENTS_ Ch. 1 Introduction to Operations Management Ch. 2 Competitiveness, Strategy, and Prod uctivity Ch. 3 Forecasting Ch. 4 Product and Service Design SUPPLEMENT TO CHAPTER 4: Reliability Ch. 5 Strategic Capacity Planning for Products and Services SUPPLEMENT TO CHAPTER 5: Decision Theory Ch. 6 Process Selection and Facility Layout Ch. 7 Work Design and Measurement SUPPLEMENT TO CHAPTER 7: Learning Curves Ch. 8 Location Planning and Analysis Ch. 9 Management of Quality Ch. 10 Qualit...

APICS/CPIM EXAM 1 COMPLETE QUESTIONS WITH CORRECT ANSWERS. t/f: ERP systems coordinate multiple databases used to gather and maintain the firm's essential data false Which of the following are aspects of ERP systems? 1. Multifunctional- able to provide data concerning many parts of the firm 2. Modular- able to combine selected components into a single system 3. Independent- each functional area has its own system and data and maintains control of that system and data 1 and 2 ERP...

A company decides and makes plans to enter into a new market. Which project life cycle phase does this strategy relate to? -Conception -Planning -Execution -Feasibility analysis - feasibility analysis A company is experiencing an unusual amount of deliveries that are either late or an incorrect quantity. Which type of system is used to identify and manage this type of problem? -FMS (Flexible manufacturing system) -MRP (material req planning) -CRP ( capacity req planning) -ERP (enterpr...

TEST BANK FOR TEST BANK OPERATIONS MANAGEMENT STEVENSON 11TH EDITION CHAPTER 1-19 | BRAND NEW| RATED A+| Table of Contents Chapter 01 Introduction to Operations Management Chapter 02 Competitiveness, Strategy, and Productivity Chapter 03 Forecasting Chapter 04 Product and Service Design Chapter 04S Reliability Chapter 05 Strategic Capacity Planning for Products and Services Chapter 05S Decision Theory Chapter 06 Process Selection and Facility Layout Chapter 07 Work Design and Measure...

L4M8 CIPS level 4 Glossary 2 Exam Questions With Verified Answers Name the 13 stages of the procurement cycle - answer1. Understand the need. 2. Market Commodity options. 3. Develop Stratgey/ Plan. 4. Pre-procurement / market test. 5. Develop required documentation. 6. Supplier Selection. 7. Issue invitation to tender. 8. Bid / tender evaluation. 9. Contract Award. 10. Warehouse logistics & receipt. 11. Contract performance review and continuous improvement. 12. Supplier relationshi...

A company decides and makes plans to enter into a new market. Which project life cycle phase does this strategy directly relate to? Feasibility analysis Planning Conception Execution Conception A company is experiencing an unusual amount of deliveries that are either late or an incorrect quantity. Which type of system is used to identify and manage this type of problem? ERP (enterprise resource planning) CRP (capacity requirements planning) FMS (flexible manufacturing system) MRP (mat...

Material Requirements Planning & ERP, Chap 1/8.3/11/ 14- Concepts in ERP Revised Q&A 2024 What does Material Requirements Planning (MRP) do? Determines the plans for purchasing and production of dependent-demand components What does Enterprise Resources Planning (ERP) do? Uses extensive software to integrate record keeping and information sharing throughout an organization What are some characteristics of independent and dependent demand? Independent Demand -uncertain -enti...

L4M8 CIPS level 4 Glossary 2 Questions and Answers 100% Pass Name the 13 stages of the procurement cycle - Correct Answer ️️ -1. Understand the need. 2. Market Commodity options. 3. Develop Stratgey/ Plan. 4. Pre-procurement / market test. 5. Develop required documentation. 6. Supplier Selection. 7. Issue invitation to tender. 8. Bid / tender evaluation. 9. Contract Award. 10. Warehouse logistics & receipt. 11. Contract performance review and continuous improvement. 12. Supplie...

TEST BANK FOR OPERATIONS MANAGEMENT 9TH WDITION BY HEIZER. Table of Contents CHAPTER 1: OPERATIONS AND PRODUCTIVITY ............................................................................................................ 1 CHAPTER 2: OPERATIONS STRATEGY IN A GLOBAL ENVIRONMENT ........................................................................... 19 CHAPTER 3: PROJECT MANAGEMENT ..........................................................................................................