Podcast
Questions and Answers
What type of records does an ERP system maintain?
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?
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?
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?
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?
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 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 is the primary purpose of knowing the time a product spends in a warehouse?
What does ERP stand for?
What does ERP stand for?
What is a characteristic of an MRP system?
What is a characteristic of an MRP system?
What is the primary purpose of Shelf Life in 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 type of information is required by the MRP system to plan production?
What is a primary objective of Materials Requirement Planning?
What is a primary objective of Materials Requirement Planning?
What is NOT 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 the purpose of Planning Data in an MRP system?
What is an advantage of using an MRP system?
What is an advantage of using an MRP system?
What is the primary function of an MRP system?
What is the primary function of an MRP system?
What is the relationship between ERP and MRP systems?
What is the relationship between ERP and MRP systems?
What is the primary benefit of using an MRP system?
What is the primary benefit of using an MRP system?
What is the primary focus of the 'Measure' phase in DMAIC?
What is the primary focus of the 'Measure' phase in DMAIC?
What does the acronym DMAIC stand for?
What does the acronym DMAIC stand for?
What is the meaning of Kaizen in Japanese?
What is the meaning of Kaizen in Japanese?
What are the levels for employees within organizations practicing Six Sigma called?
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 the primary focus of the 'Improve' phase in DMAIC?
What is not the role of a manager in TQM?
What is not the role of a manager in TQM?
In what year was the concept of Six Sigma introduced by Motorola?
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?
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?
Which of the Five 'S' of Kaizen refers to 'shining' the workplace?
Who is considered to be the father of Six Sigma?
Who is considered to be the father of Six Sigma?
What is the primary benefit of implementing Six Sigma?
What is the primary benefit of implementing Six Sigma?
What is 'Seiso' in the context of the Five 'S' of Kaizen?
What is 'Seiso' in the context of the Five 'S' of Kaizen?
