ERP: Divisions and Domains Assessment 1

Which of the following is an appropriate definition of manufacturing?

• Production of services

• Production of goods in large scale after processing the raw materials through a process

• Production of goods out of natural resources

• Production of goods with services

PLM controls the development of a product from initial design through to disposal. What does PLM stand for?

• product lifecycle management

• planned lifecycle management

A BoM is a list of the parts or components that are required to build a product. What does BoM stand for?

• bill of manufacture

• bill of materials

As the name implies, demand-based production is based on consumer demand -- what is batch production based on?

• history

• forecasts

Product and finances are two of the flows of supply chain management -- what's the third?

• waste

• information

Which of these is correct with respect to a product developed or a service performed?

• Neither bad grade nor quality is acceptable

• Grade and quality is the same thing.

• Bad quality is acceptable, but bad grade is not.

• Bad grade is acceptable, but bad quality is not.

• Both 1 and 2

Quality control is aimed at:

• Maintaining the desired quality

• Exceeding the desired quality

• Continuously improving the quality

• Following the quality

Routing and Scheduling are integral part of

• Work study

• Job analysis

• Quality control

• Product planning

What is the best explanation of logistics?

• Ensuring that inventory levels are adequate.

• Ensuring that goods are timely shipped.

• Ensuring that goods and services are timely delivered.

• The planning, implementation, and control of the flow of goods, services, and information.

Managing the activities involving the flow of supplies into and out of a company is known as what?

• SCM

• Supply chain

• Procurement and distribution

• Operations management