FGCU SCM 3005 Exam 2 Questions And Answers Latest Updates
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Course
FGCU SCM 3005
Institution
FGCU SCM 3005
Legacy MRP systems had which of the following limitations? - ️️-The systems
needed continuous modifications
-The systems were designed to perform a very specific operational function
-The systems were not user-friendly
Using the ________________ multiple software infrastructures and databas...
FGCU SCM 3005 Exam 2
Legacy MRP systems had which of the following limitations? - ✔️✔️-The systems
needed continuous modifications
-The systems were designed to perform a very specific operational function
-The systems were not user-friendly
Using the ________________ multiple software infrastructures and databases may
have to be used to link the multiple applications obtained from different vendors. -
✔️✔️Best-of-breed solution
Why are firms migrating to ERP systems? - ✔️✔️ERP systems tie together a variety of
specialized systems
Which strategy allows finished goods inventories to accrue and relies on backlogs to
handle the demand? - ✔️✔️The Level Production Strategy
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 typically utilized multiple software packages and databases which
caused: - ✔️✔️The same information to be stored in multiple locations
Which of the following is NOT a common module of ERP systems? - ✔️✔️Marketing
Resources Management
If an available-to-promise (ATP) for any period is negative, the deficit must be
subtracted from the: - ✔️✔️Most recent positive ATP
An advantage/benefit of utilizing an ERP system includes which of the following? -
✔️✔️Both "ERP systems are designed to take advantage of Internet technology" &
"ERP systems enable the firm to automate some of the steps of a manufacturing
process"
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
Some businesses refer to sustainability in terms of supporting the three P's. This stands
for: - ✔️✔️People, planet, profit
, When using a Weighted Criteria Evaluation System to evaluate suppliers, all of the
following are true EXCEPT: - ✔️✔️Select the key dimensions of performance based on
what is important to the end consumer
Which of the following is NOT a key tenant of an SRM system? - ✔️✔️Lean Operations
An organization's process for evaluating the quality systems of key suppliers in an effort
to eliminate incoming inspections can be referred to as: - ✔️✔️. Supplier Certification
It is illegal for corporations to provide their suppliers appreciation banquets to award
performance. - ✔️✔️False
Automating procurement activities can lead to significant cost savings as buyers move
toward managing processes by exception. - ✔️✔️True
A company using a weighted-criteria evaluation system has established these 5
categories and the appropriate weight in parentheses:
Quality (0.25)Responsiveness (0.10)Delivery (0.15)Cost (0.15)Technology (0.30)
Company X received the following ratings in each of the five categories: Quality(90),
Responsiveness(90), Delivery(80), Cost(80), Technology(85).
What is its total score? - ✔️✔️81.0
In general, European companies prefer suppliers: - ✔️✔️Who have ISO 9001
certifications
Which of the following is TRUE? - ✔️✔️Performance metrics and personal business
relationships are both keys to building successful partnerships.
According to the text, one of the most basic and successful approaches to protecting
trade secrets is: - ✔️✔️Requiring employees and vendors to sign non-disclosure
agreements
According to the text, key ingredients for developing successful supply partnerships
include all of the following EXCEPT: - ✔️✔️. Individualized objectives
According to the textbook, Supplier Recognition Programs: - ✔️✔️Encourage suppliers
to keep their performance high
SRM software should be capable of: - ✔️✔️-Integration of the supply chain making it
possible to monitor multiple departments and processes both internally and externally
-Making information flow between partners more visible
-Automating transactional processes
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