Exam 1 SCM 4380: Course Introduction Assessment Test Questions And Correct Verified Answers.
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Module
SCM 4380
Institution
SCM 4380
Enterprise Resource Planning (ERP) - correct answer ) is made to automate any task. With it, it is easy to manage every department under one single database. This consumes not much time and is easy and fast way to do work with.
Material Resource Planning (MRP...
Exam 1 SCM 4380: Course Introduction
Enterprise Resource Planning (ERP) - correct answer ) is made to automate any task.
With it, it is easy to manage every department under one single database. This consumes not much time
and is easy and fast way to do work with.
Material Resource Planning (MRP) - correct answer Developed in 1970s, it is widely
used approach for production planning and scheduling in industry.
The main objective of MRP - correct answer to determine which material is
required, quantity required and by when it is required.
ERP 1 - correct answer Developed in 1990s, it is the foundation system for domestic
and global operations, supporting most or all functional areas in their daily operations. is one of more
common categories of business software, especially with large-scale businesses.
ERP 2 - correct answer Developed in 2000s, is name now use to describe ERP.
Basically, it is successor of ERP. It is a business strategy and set of collaborative operational and financial
processes internally and beyond enterprise.
History of ERP Systems: 1960s - correct answer §Motivation for Technology
Development: Cost Control
§Utilized for managing the materials used in complex products
History of ERP Systems: 1970s - correct answer §Motivation for Technology
Development: Marketing & Sales
§MRP: Materials Requirements Planning
§Analysis of dependent demand, capacity planning, purchasing, forecasting, production scheduling,
financial transactions
§SAP Startup in 1972
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