ENTERPRISE RESOURCE PLANNING

What is the main purpose of Enterprise Resource Planning (ERP)

software?

• To reduce organizational inefficiency

• To manage and improve resource utilization and organizational efficiency

• To solely focus on customer service

• To increase marketing efforts

Which of the following is NOT a type of ERP software?

• Hybrid ERP software

• Cloud-based ERP software

• On-premise ERP software

• Mobile ERP software

Which component of ERP is responsible for managing order fulfillment

and maintaining a warehouse's stocking function?

• Human Resource Management (HR)

• Customer Relationship Management (CRM)

• Inventory Management (IM)

• Supply Chain Management (SCM)

What is the main purpose of Finance and Accounting in ERP software?

• Estimating delivery dates

• Storing and analyzing financial data

• Analyzing customer demand

• Tracking employee time cards

These are the advantages of ERP, except for

• Improved reporting & planning

• Better accuracy & availability of information

• Decrease cost & complexity

• Improved inventory management

Based on the answers below, what are the disadvantages of ERP systems?

i- high costs of installing an ERP software

ii- requires training & practices

iii- simple data conversion

• i & ii

• i & iii

• ii & iii

• all of the above

True or False? An Enterprise Resource Planning (ERP) system is designed to learn more about customer’s wants, needs and behaviours.

• True

• False

Who are the one that developed the Economic Order Quantity (EOQ) model?

• Toolmaker Black

• Gartner Group

• Decker

• Ford Whitman Harris

In what year MRP II was developed ?

• 1983

• 1913

• 1964

• 1990s-2000s

True or False? ERP system is meant to increase organizational efficiency of an organization by managing and improving the utilization of its resources.

• True

• False