OMIS 320 Final Exam Level Four Questions with complete solution
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OMIS
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OMIS
OMIS 320 Final Exam Level Four Questions with complete solution OMIS 320 Final Exam Level Four: Chapter 13 and 15
What are the two many objectives? - correct answer 1. Integrate Information Systems
2. Mitigate Risks
Process Intergration - correct answer the sharing of information and ...
OMIS 320 Final Exam Level Four:
Chapter 13 and 15
What are the two many objectives? - correct answer ✔1. Integrate
Information Systems
2. Mitigate Risks
Process Intergration - correct answer ✔the sharing of information and
coordinating resources to jointly manage a process
- Customers Complaints: late delivery
- New customer Set up
- New Product Development
- Complete Inventory audit - correct answer ✔examples of business
processes
What are the 8 Key Supply Chain Business Processes to INTEGRATE -
correct answer ✔1. Customer Relationships Management
2. Customer Service management
3. Demand Management
4. Order fulfillment
5. Manufacturing flow Management
4. Supplier relationship management
7. Product development and commercialization
8. Returns Management
Obstacles to Process Integration - correct answer ✔- The Silo Mentality
,- Lack of Visibility
- Lack of Trust
- Lack of Knowledge
- The Bullwhip Effect
The Silo Mentality - correct answer ✔Controlling every detail in business but
makes people loss creativity.
- Using the cheapest suppliers.
- Ignoring customers.
- Assigning few resources to new product & service design
Lack of Visibility - correct answer ✔example - stack of papers on desk to be
logged but hasn't been yet, other workers can't complete work until papers are
logged
Lack of Trust - correct answer ✔doing something that breaks trust for
department, etc.
Lack of Knowledge - correct answer ✔not knowing what you don't know
example - software installed on computers, but no one knows how to use it.
The Bullwhip Effect - correct answer ✔erratic shifts in orders up and down
the supply chain
The phenomenon where a small fluctuations and demand for a product at the
consumer level can lead to much larger fluctuations in demand at the
upstream stages of supply chain, such as retailers, wholesalers and
manufacturers - correct answer ✔refers to the BULLWHIP effect
, The bullwhip effect can result in - correct answer ✔Inefficiencies, excess
inventory and increased costs within the supply chain
Bullwhip Effects causes - correct answer ✔- demand forecast updating
- order batching
- price fluctuations
- rationing
*effect every company in every buisness*
Efficient, integrated information systems are very important for companies to
be - correct answer ✔competitive
An Enterprise Resource Planning System - correct answer ✔can help
integrate a company's operations
Acts as a company-wide computing eviroment - correct answer ✔Enterprise
Resource Planning system
Includes a database that is shared by all functional areas - correct answer
✔Enterprise Resource Planning system
Can deliver consistent data across all buisess functions in real time - correct
answer ✔Enterprise Resource Planning system
The evolution of Information System - correct answer ✔- Silos
- Current ERP system evolved as a result of
Information systems configuration used until recently - correct answer ✔Silos
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