ERP and MRP Systems in Supply Chain Management

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What type of records does an ERP system maintain?

Materials available for use, work in progress, and completed (correct)

Only materials available for use

Only completed products

Only work in progress products

In which year was MRP first released to specific individual businesses?

1964 (correct)

1940

1986

1975

What is the primary function of an MRP system?

To determine the quality of products

To manage financing operations

To plan and manage inventory (correct)

To determine the shelf life of products

What data is NOT required for an MRP system?

Quality specifications Signup and view all the answers

Which company was one of the first to use MRP when it was released in 1964?

Black & Decker Signup and view all the answers

What sector is the most dominant inventory system, such as ERP and MRP, used in?

Manufacturing Signup and view all the answers

What is the primary purpose of knowing the time a product spends in a warehouse?

To plan and manage inventory effectively Signup and view all the answers

What does ERP stand for?

Enterprise Resource Planning Signup and view all the answers

What is a characteristic of an MRP system?

It is low-cost and requires minimal maintenance Signup and view all the answers

What is the primary purpose of Shelf Life in an MRP system?

To determine the amount of time a product can remain in the warehouse Signup and view all the answers

What type of information is required by the MRP system to plan production?

Detailed accounts of materials and components used Signup and view all the answers

What is a primary objective of Materials Requirement Planning?

To ensure timely delivery and availability of products Signup and view all the answers

What is NOT a primary objective of Materials Requirement Planning?

To integrate financing and sales information Signup and view all the answers

What is the purpose of Planning Data in an MRP system?

To provide restraints and directions for production Signup and view all the answers

What is an advantage of using an MRP system?

It tracks every piece of inventory that comes in and goes out Signup and view all the answers

What is the primary function of an MRP system?

To plan production and material requirements Signup and view all the answers

What is the relationship between ERP and MRP systems?

MRP is a subset of ERP Signup and view all the answers

What is the primary benefit of using an MRP system?

Improved inventory management Signup and view all the answers

What is the primary focus of the 'Measure' phase in DMAIC?

Collecting relevant data Signup and view all the answers

What does the acronym DMAIC stand for?

Define, Measure, Analyze, Implement, Control Signup and view all the answers

What is the meaning of Kaizen in Japanese?

Change for the better Signup and view all the answers

What are the levels for employees within organizations practicing Six Sigma called?

Green belts, Black belts, Yellow belts Signup and view all the answers

What is the primary focus of the 'Improve' phase in DMAIC?

Implementing solutions Signup and view all the answers

What is not the role of a manager in TQM?

Select and appoint wrong individuals as line managers Signup and view all the answers

In what year was the concept of Six Sigma introduced by Motorola?

1986 Signup and view all the answers

What is the main goal of the 'Control' phase in the Six Sigma methodology?

Maintaining the improved processes and preventing them from leading to defects in the future Signup and view all the answers

Which of the Five 'S' of Kaizen refers to 'shining' the workplace?

Seiso Signup and view all the answers

Who is considered to be the father of Six Sigma?

Mikel Harry Signup and view all the answers

What is the primary benefit of implementing Six Sigma?

Ensuring superior quality of products by removing defects in the processes and systems Signup and view all the answers

What is 'Seiso' in the context of the Five 'S' of Kaizen?

Regularly cleaning the workplace to maintain hygiene Signup and view all the answers

ERP and MRP Systems in Supply Chain Management

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Questions and Answers

What type of records does an ERP system maintain?

In which year was MRP first released to specific individual businesses?

What is the primary function of an MRP system?

What data is NOT required for an MRP system?

Which company was one of the first to use MRP when it was released in 1964?

What sector is the most dominant inventory system, such as ERP and MRP, used in?

What is the primary purpose of knowing the time a product spends in a warehouse?

What does ERP stand for?

What is a characteristic of an MRP system?

What is the primary purpose of Shelf Life in an MRP system?

What type of information is required by the MRP system to plan production?

What is a primary objective of Materials Requirement Planning?

What is NOT a primary objective of Materials Requirement Planning?

What is the purpose of Planning Data in an MRP system?

What is an advantage of using an MRP system?

What is the primary function of an MRP system?

What is the relationship between ERP and MRP systems?

What is the primary benefit of using an MRP system?

What is the primary focus of the 'Measure' phase in DMAIC?

What does the acronym DMAIC stand for?

What is the meaning of Kaizen in Japanese?

What are the levels for employees within organizations practicing Six Sigma called?

What is the primary focus of the 'Improve' phase in DMAIC?

What is not the role of a manager in TQM?

In what year was the concept of Six Sigma introduced by Motorola?

What is the main goal of the 'Control' phase in the Six Sigma methodology?

Which of the Five 'S' of Kaizen refers to 'shining' the workplace?

Who is considered to be the father of Six Sigma?

What is the primary benefit of implementing Six Sigma?

What is 'Seiso' in the context of the Five 'S' of Kaizen?

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