Question

1. The core benefit of an ERP system is that it:

a. Efficiently collects data b. Efficiently conducts data analysis c. Offers a single source of truth because it stores all data in one place d. Facilitates supplier and customer relationship management

2. Running legacy systems in parallel during the transition to a new ERP system can help mitigate problems during the implementation.

True False

3. A job description says that the candidate will address the following questions on a daily basis: what order will be released in the production process and when, in what sequence, and with what resources. This announcement is likely for which of the following positions?

a. S&OP manager b. Production control manager c. Quality control manager d. Accounting manager

4. If your company’s current goal is to minimize the order flow time in the manufacturing facility, you should probably adopt which of the following priority sequence rules:

a. First come, first served b. Earliest due date c. Shortest processing time d. Longest processing time

Answer 1

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1.

The answer is (c) Offers a single source of truth because it stores data at one place. This data can be accessed by any function as per requirement. Hence data in ERP cuts across functional silos and acts as a consistent and reliable source of information

Data collection may or may not be efficient, depending upon how data is fed

Unlike data warehouse, ERP doesn't allow as much data analysis

ERP is internal tool and may not help in supplier relationship management

2. True. Legacy systems should run in parallel and migration to ERP should be gradual and modular instead of a big bang approach. Otherwise, any unforeseen issue during implementation may cripple the business operations

3. The answer is option (b) Production control manager

S&OP manager responsibilities include demand planning, network optimization and capacity planning

Quality control manager takes care of Quality Assurance

Accounting manager helps in book keeping for finance

4. The answer is option (c) Shortest Processing Time rule has the least average order flow time