OM test 3
Which of the following basic production strategies works best with make to order manufacturing firms
Chase productions strategy
Benchmarking
A practice where companies attempt to learn and apply the best practices of other companies
The main benefit from benchmarking sourcing practices is
Allows firms to leapfrog the experience gaining stage by trying things that have worked well for other companies
Which of the following MRP terms represents the part demanded by a parent
Component
As described in the text a fair trade products refers to selling and purchasing products without a cash transaction
False
ERP implosive is the process of converting a parent items planned order releases into component gross requirements
False
In general, single integrators ERP solutions are better suited to more intricate workplaces
False
It is best for firms to learn through their own experience the methods and tools that work the best rather than benchmarking
False
Sustainable sourcing practices include promoting diversity by Intentionally buying from ethnic minority businesses
False
The best of breed solution picks all the desired applications from a single vendor for the ERP system
False
The legacy MRP system was programmed to coordinate with other functional areas in the firm
False
The three basic production strategies for addressing the aggregate planning problem are the Chase production strategy, the level production strategy, and the aggregate production strategy
False
The use of ethical and environmental certifications for suppliers is decreasing
False
There are just a small number of resources available for firms seeking to learn about and implement successful sourcing practices
False
When a single company that is implementing an ERP system chooses to use one company to provide an operations module, another to provide the sales and marketing application, and yet another company to provide the finance and accounting module, that single companies have chosen to utilize the single integrator approach
False
The use of environmental supplier certification programs Assists companies by which of the following
Identifying strategic alliance candidates
The Solution pics all the desired applications from a single vendor for the ERP system
Single integrator
Convincing your supplier to cutting back on packaging, fuel, or electricity is an example of
Sustainable sourcing
Which strategy allows finished good inventory to accrue and relies on backlogs to handle the demand
The level production strategy
Legacy MRP system is typically utilize multiple software packages and data bases which caused
The same information to be stored in multiple locations
One standard which is measured in environmental supplier certification is
The suppliers recycled content
While ERP is a relatively new technology, it has grown rapidly since the early 1990s. Which of the following is the reason that has contributed to his rapid growth
The year 2000 millennium bug
A practice aimed at ensuring that purchase products or materials meet environmental objectives of the organization is referred to as a green purchasing
True
An ERP system is generally a multi module Application software for managing in enterprises internal functional activities as well as its suppliers and customers
True
Because internationally recognized certifications like iOS 9000 are becoming so common among suppliers, it is becoming more important that purchasing firms develop internal certification programs that are geared toward the specific needs of the purchasing organization
True
Creating strategic supplier alliances benefits firms by increasing the performances and value of suppliers as well as increasing brand awareness
True
Criteria to evaluate a purchasing department's performance should include both quantitative and qualitative assessment
True
Demand by customers for companies to become more ethical and environmentally focused have placed added pressures on firms to improve their performance and supply chain management
True
Developing a collaborative negotiation infrastructure includes four steps build a preparation process, develop a negotiation database, design a negotiation launch process, and institute a feedback mechanism
True
ERP provides the mechanism for supply chain members to share information so that scarce resources can be fully utilized to meet demand, while minimizing the bullwhip effect and supply chain inventories
True
ERP systems were designed to coordinate the information requirements for purchasing, planning, scheduling and distribution of an organization operating in a complex multi unit global environment
True
Environmental supplier certifications can be used to identify rogue suppliers before they can cause problems
True
Firms assess their sourcing capabilities because the sourcing function is one of the most value enhancing functions in an organization
True
Functional products are characterized by low profit margin's, relatively stable demands, and high levels of competition
True
Implementing a best of breed solution may cause firms to link databases from multiple software applications of different vendors
True
It is important for firms to address the impact of ethical and sustainable sourcing on other facets of the organization and its trading partners
True
Lack of communication between the implementing firm and its ERP software provider can become a major hindrance for a successful implementation
True
Rewarding suppliers for maintaining high levels of performance is an important step used in maintaining a successful strategic alliance program
True
System nervousness is when even small changes to upper level production plans cause major changes in lower level production plans
True
The mixed strategy use overtime and subcontracting to cope with the high demand periods
True
Two reasons ERP implementation's have been known to fail include lack of top management commitment and lack of communication between the firm and it's ERP software provider
True
A service where key customers ask suppliers to take on the job of store level replenishment planning is called
Vendor managed inventory
A negotiation we're both sides work together to maximize the joint outcome or to create a joint optimal results been referred to as
Win win negotiation
Which of the following is a trend in ethical and sustainable sourcing
all of these
Complete the following MRP record and provide the planned order releases for week one. Lead time is two weeks safety stock is three. Use LFL lot sizes
29
Calculate the final discrete available to promise quantity for week one using the following table
ATP1=10
The. Specifies Which end product is to be made, how many are required, and when they need to be completed
Aggregate production plan
Legacy MRP systems how do which of the following limitations
All of these
Successful strategic supplier alliances can result in which of the following
All of these
Which of the following can be used as a punishment for suppliers that perform poorly
All of these
Which of the following could be an ethical and environmental certification requirement
All of these
Using the. Multiple software infrastructure and databases may have to be used to link the multiple applications obtain from different vendors
Best of breed solution
Why are firms migrating to ERP systems
ERP systems tire together a variety of specialize systems
Which of the following is considered an advantage/benefit of utilizing an ERP system
Enables the company to utilize a single centralized database system, thus eliminating duplicate data entries
The acronym ERP is short for:
Enterprise Resource Planning
Considers the public consequences of organizational buying
Ethical sourcing
Sustainable reporting is. For american companies
Largely a voluntary effort
In a bill of materials, items at which level are independent demand items
Level 0
Which of the following should not be used an assessment criteria to evaluate the purchasing department's performance
Lowering inventory turnover rates
What is the most important output of the MRP
planned order releases
