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Exam 10: Sales and Operations Planning and Enterprise Resource Planning

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Question 51

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The phenomenon where producing more such that the average cost of production for the item decreases is known as ________.

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Question 52

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The portion of ERP that disaggregates the sales and operations plan (SOP)to determine when individual products will be produced is known as the ________.

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Question 53

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Discuss the security implications of cloud-based ERP systems

ERP systems are increasingly becoming cloud-based.

The phenomenon where production of more units results in higher average cost per item is known as

Given the following information,compute the efficiency of the system. Actual capacity = 50 units per day Design capacity = 100 units per day Actual output = 30 units per day

Aggregate planning is intermediate-range capacity planning that typically covers a time horizon of one to three months.

The capacity that a machine or system should realize given optimal operating conditions is known as

The capacity strategy where capacity is increased at relatively the same rate that demand increases is called ________.

A planning strategy that produces products in the exact amount demanded in each period is known as ________.

Inventory information for firm Best Tools: What is the expected inventory at the end of April?

The design capacity of a machine or system refers to the maximum output that can possibly be attained given optimal operating conditions.

The capacity for a machine or system that is available after accounting for scrap and rework and also factors in inefficiencies inherent in the system is known as ________.

Disaggregating an SOP plan leads to a master production schedule (MPS).

A planning strategy that produces the same amount every period,and demand is met by varying inventory levels is known as

The ratio of actual output to actual capacity is

A printer has been rated by the manufacturer to print 40 pages per minute (ppm).However it is noticed that the printer has a 5% jamming rate,and also on average 20% of the time is lost on account of the operator loading the paper,aligning the print cartridge,etc.Thus,effectively the printer can print 30.4 pages per minute (ppm).This is the ________ capacity of the printer.

In doing "aggregate planning" for a firm producing paint,the aggregate planners would most likely deal with

The ratio of actual output to design capacity is

Breaking product families into individual products and components of products is called