🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

ERP and MRP Systems in Supply Chain Management
30 Questions
0 Views

ERP and MRP Systems in Supply Chain Management

Created by
@LeanCoconutTree

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

    <p>Quality specifications</p> Signup and view all the answers

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

    <p>Black &amp; Decker</p> Signup and view all the answers

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

    <p>Manufacturing</p> Signup and view all the answers

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

    <p>To plan and manage inventory effectively</p> Signup and view all the answers

    What does ERP stand for?

    <p>Enterprise Resource Planning</p> Signup and view all the answers

    What is a characteristic of an MRP system?

    <p>It is low-cost and requires minimal maintenance</p> Signup and view all the answers

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

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

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

    <p>Detailed accounts of materials and components used</p> Signup and view all the answers

    What is a primary objective of Materials Requirement Planning?

    <p>To ensure timely delivery and availability of products</p> Signup and view all the answers

    What is NOT a primary objective of Materials Requirement Planning?

    <p>To integrate financing and sales information</p> Signup and view all the answers

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

    <p>To provide restraints and directions for production</p> Signup and view all the answers

    What is an advantage of using an MRP system?

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

    What is the primary function of an MRP system?

    <p>To plan production and material requirements</p> Signup and view all the answers

    What is the relationship between ERP and MRP systems?

    <p>MRP is a subset of ERP</p> Signup and view all the answers

    What is the primary benefit of using an MRP system?

    <p>Improved inventory management</p> Signup and view all the answers

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

    <p>Collecting relevant data</p> Signup and view all the answers

    What does the acronym DMAIC stand for?

    <p>Define, Measure, Analyze, Implement, Control</p> Signup and view all the answers

    What is the meaning of Kaizen in Japanese?

    <p>Change for the better</p> Signup and view all the answers

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

    <p>Green belts, Black belts, Yellow belts</p> Signup and view all the answers

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

    <p>Implementing solutions</p> Signup and view all the answers

    What is not the role of a manager in TQM?

    <p>Select and appoint wrong individuals as line managers</p> Signup and view all the answers

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

    <p>1986</p> Signup and view all the answers

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

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

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

    <p>Seiso</p> Signup and view all the answers

    Who is considered to be the father of Six Sigma?

    <p>Mikel Harry</p> Signup and view all the answers

    What is the primary benefit of implementing Six Sigma?

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

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

    <p>Regularly cleaning the workplace to maintain hygiene</p> Signup and view all the answers

    More Quizzes Like This

    Supply Chain Management
    17 questions
    ERP & SCM Systems Quiz
    34 questions

    ERP & SCM Systems Quiz

    RockStarMeerkat avatar
    RockStarMeerkat
    Use Quizgecko on...
    Browser
    Browser