...Examination Paper of Enterprise Resource Planning Professional IIBM Institute of Business Management Examination Paper MM.100 Enterprise Resource Planning Professional Guidelines for paper Total No. of Questions is 100. The minimum passing marks is 40%. Each Question carries 1 mark. Answer all the Questions. Multiple Choices: 1. Enterprise resource planning is_______ a) Computer System b) Manufacturing Organization c) Method of effective planning of all the resources in an organization d) None of the above 2. Enterprise resource planning vendors are those people_________ a) Who are experts in administration and management of project b) Who have developed the ERP package c) Who uses the ERP system d) None of the above 3. The objectives of ERP ____________ a) Provide support for all variations best business practices b) Enable implementation of these practices c) Empower the customer to modify the implemented business process d) All of the above 4. Which of the followings not the advantages of ERP________ a) ERP eliminates duplication of work b) Reduce overheads, lead type, cycle time and work in progress c) Customization of the ERP software is limited d) Help to achieve competitive advantage 5. EDI stands for__________________ a) Electronic digital interface b) Electronic data interchange c) Enterprise data interface d) None of these 6. A____________________ tool use to quickly develop quality database design...
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...properly operate businesses. In order to perform particular tasks, specific specialized software is needed. Material Requirements Planning Among the many operating software systems, one of the most important is the Material Requirements Planning (MRP) system. Material Requirements Planning is the system that manages the process of production planning and inventory. This system uses a technique of inventory, expected receipts, and bill of materials. This system also uses the Master Production Schedule (MPS) to determine the material requirements. There have been four main benefits of having a MRP system in your business. These benefits include, but are not limited to, better responses on customer orders, faster responses on market changes, improve utilization of facilities and labor, and reduced inventory levels (Heizer, J). Capacity Requirement Planning The Capacity Requirement Planning (CRP) is a method that many businesses use to determine the available production capacity. It will start off by assessing the schedule of production that the company has planned. It will then analyze the actual production capacity of the company, and weigh it against the schedule of production to see if the company can meet the schedule with its current production capacity (Capacity Requirements Planning.) Enterprise Resource Planning The Enterprise Resource Planning (ERP) is a software system that effectively plans and controls all resources needed to make, ship, and account for...
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...not be right for all business. It is important to know the task at hand and how to get it done, then the decision to choose the best software can be made. A very important operating software system called the Material Requirements Planning (MRP) is a structure that controls the processes of fabrication planning and inventory. This is a system that uses the Master Production Schedule (MPS) to regulate the material requirements and uses a practice of inventory, expected receipts, and bill of materials. There are many benefits of using an MRP system within a business, but there are four main benefits. The four main benefits are better reactions on customer orders, faster reactions on market changes, increase operation of facilities and industry, and decrease in inventory stages (Heizer & Render, 2012). A technique that many businesses practice to govern the obtainable production capacity is the Capacity Requirement Planning (CRP). This technique starts by calculating the agenda of production that the company has intended. It then analyzes the actual fabrication capacity of the company and weighs it against the agenda of the production. This method is used to see if the company can meet the agenda with its current production capacity (Capacity Requirements Planning, 2012). A software...
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...Structures Allan Williams ECO/GM561 July 26, 2013 Steve Fritch The MRP for the manufacturing of the Riordan electric fans. Materials Requirement Planning (MRP) is a scheduling procedure for production processes that have several levels of production. Given information describing the production requirements of the several finished goods of the system, the structure of the production system, the current inventories for each operation and the lot sizing procedure for each operation, MRP determines a schedule for the operations and raw material purchases. This add-in provides all the features necessary to formulate and solve small examples (www.me.utexas.edu). The material requirement planning of Riordan manufacturing is designed to supply the required material for creating the parts of electric fan in order to produce the components at each phase of assembly line production. The receiving department collects the raw material, which is processed in the molding department to make it suitable for generating parts of the fan after being polished and trimmed in the trimming department. These parts are further processed in the assembly department to make larger components such as fan blades or fan housings. The packaging departments puts each parts of the fan in right package with adequate labeling so that it can be delivered to distribution center through shipping department (University of Phoenix, 2004). Factors that might affect choosing the Hangzhou, China facility...
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..._______________________ ------------------------------------------------- Topic: MRP II (Manufacturing Resource Planning) ------------------------------------------------- 19th October Contents Executive summary 2 Introduction and background of MRP II 3 Implement in Manufacturing Industry 6 SWOT Analysis of MRP II System 8 Conclusion 9 Recommendations (Next generation of MRP II system) 11 Reference: 13 Executive summary The purpose of this report is to illustrate what MRP II is, what features it provides, and what benefit the manufacturers could get from it as well as the existent issues in MRP II system. The research also demonstrates how MRP II was implemented in manufacturing industry by studying a case of successful implementation of MRP II software. Introduction and background of MRP II MRP II is Manufacturing Resources Planning for short. It is defined as a man machine application system for the effective planning of all resources of all manufacturing company. From the global optimal point of view, using scientific method to plan, organize, control and coordinate all the manufacturing resources and all the links of operation of enterprises effectively and reasonably is what the MRP II concerned about. The purpose of using the MRP II system is to achieve continuous and balanced production and minimize the various items in the inventory. Eventually it can...
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...Executive Summary MYO by Thalmic Labs Planning and Controlling the Supply Chain ISCOM/471 Executive Summary MYO by Thalmic Labs Thalmic Labs is a technological start-up company that is about to release the MYO. The MYO is a armband remote control, that can interface with almost anything, with Bluetooth technology. It can control vehicles, models, computers, video games etc. The applications are almost limitless. The supply chain for Thalmic Labs is joined by a few larger investment companies that have given the creators of the MYO armband access to their expertise in manufacturing and research and development (R&D). The main contributor, Intel, will be a crucial partner for Thalmic Labs because they have the experience in scale production and designing next generation products. The four primary types of manufacturing processes and their descriptions are: 1. Job shop – A job shop is a very flexible operation with many different activities with which work can pass, such as a machine shop. It is high in variable cost, labor content, and skill. It tends to have a jumbled flow with many products. It also tends to be a low volume process. 2. Batch Shop – This is similar to job shop, except activities are in more of an assembly line flow. A car manufacturer’s conveyor belt is an example except different from assembly line because it can fill specific customer orders. 3. Assembly – In an assembly work is processed in a fixed sequence, just like a...
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...Manufacturing can implement. Additional analysis of the present process pertaining to the production of the Riordan electric fans is presented. The new process design attempts to eliminate bottlenecks within the process in order to make the supply-chain as optimal as possible. A production forecast for the Riordan electric fans is included and a Gantt chart is included as well. Lastly, a cover letter is included which details the coordination of the aggregate operations planning and TQM for the Riordan electric fans. Process Design for Riordan Manufacturing MRP for Manufacturing The present process at Riordan Manufacturing is centered on the China plant, which applies material requirement planning to adhere to the material requirements, which then go through a collection process at receiving units in order to make its way to the molding unit. The assembly unit then receives the products, which are forwarded to the appropriate packing unit for appropriate handling. Lastly, the shipping unit handles the electric fans’ distribution. Riordan Manufacturing is concerned about scrap materials from the respective units. As such, there should be a reduction in the level of wasteful products from every unit; this, in turn, would lower the price of producing each fan. One initiative already commenced is the Hangzhou plant’s utilization of extra parts within its products that are customized. There are, however, additional concerns pertaining to...
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...IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question week 1 Master Planning (graded) How does master planning affect the overall organization? Why is this a necessary part of the overall management process of an organization? Planning Horizons (graded) What are time horizons as used in the corporate planning process? How do these horizons affect our forecasting processes? let’s first considertime horizons as used in the corporate planning process. What are these horizons and how do they affect our forecasting processes? week 2 Which forecast error measuring tool is the best? (graded) Of the four error tracking tools we have learned about in our assigned textbook reading (MAD, MSE, MAPE and seasonality), which method provides the best way to track forecast error? Give examples. Is it possible to forecast seasonal products without removing the seasonal variations? (graded) We calculate a seasonal index in order to remove the seasonal component before creating a forecast. Is it possible to remove this step and create a forecast with the seasonal variation still in place? Why or why not? Explain. whether it is possible to just leave the seasonal variation that may exist in our historical data in place when developing a forecast? What are advantages and disadvantages of doing this? week 3 Aggregate Planning Strategy (graded) Mixing options to develop an aggregate plan is a common practice. How would...
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...https://coursehomework.com/product/gscm-330-all-week-discussions-devry/ Contact us at: HELP@COURSEHOMEWORK.COM GSCM 330 ALL WEEK DISCUSSIONS DEVRY HOME > GSCM 330 (NEW) > GSCM 330 ALL WEEK DISCUSSIONS DEVRY $45.00 BUY NOW! SKU:GSCM330AWD.Category: GSCM 330 (NEW).Tags: GSCM 330 all Week Discussions DeVry, GSCM 330 Week 1 DQ, GSCM 330 Week 2 DQ, GSCM 330 Week 3 DQ, GSCM 330 Week 4 DQ,GSCM 330 Week 5 DQ, GSCM 330 Week 6 DQ, GSCM 330 Week 7 DQ, GSCM330 all Week Discussions DeVry. • DESCRIPTION GSCM 330 ALL WEEK DISCUSSIONS DEVRY GSCM330 Week 1 Discussion Master Planning (graded) How does master planning affect the overall organization? Why is this a necessary part of the overall management process of an organization? Planning Horizons (graded) What are time horizons as used in the corporate planning process? How do these horizons affect our forecasting processes? Let’s first consider time horizons as used in the corporate planning process. What are these horizons and how do they affect our forecasting processes? GSCM330 Week 2 Discussion Which forecast error measuring tool is the best? (graded) Of the four error tracking tools we have learned about in our assigned textbook reading (MAD, MSE, MAPE and seasonality), which method provides the best way to track forecast error? Give examples. Is it possible to forecast seasonal products without removing the seasonal variations? (graded) We calculate a seasonal index in order to remove the seasonal component before creating a forecast...
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...same chart of account. Assignment Company code to company Company code to Credit control area Company code to Controlling area Company code to financial management area • (An FM Area is organizational unit which Plans, Controls and Monitors funds and commitment budgets) Controlling area to financial management area Controlling area to Operating Concern. Sales Organization • The highest-level of organizational unit in SD is Sales Organization. • Responsible for Distributing goods and services, Negociation sales conditions, Product liability and other customer rights of recourse. • Sales organization is also used to take for example a regional, national or international. • A sales organization assigned to a company code. Distribution Channel • Distribution Channel represents strategies to distribute goods and services to customer. • DC is assigned to a sales organization. The assignment is not unique. • You can share Customer, Material and Condition master data by maintaining a reference/common DC. Division • A Division is used to group material and services. A material can have only one Division. Abhishek Parihar SAP SD Certified Consultant E-Mail: abhishekparihar@rediffmail.com SAP SD IMP NOTES • • • • • We can make Customer- specific agreements for each Division, for example regarding partial deliveries or pricing within Division. (In CMIR) You can share Customer and Condition master data by...
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...4th International DAAAM Conference INDUSTRIAL ENGINEERING – INNOVATION AS COMPETITIVE EDGE FOR SME 29-30TH April 2004, Tallinn, Estonia MRP SYSTEMS RESEARCH Eduard Shevtchenko Tallinn Technical University Institute of Machinery. Ehitajate tee 5, EE0026 Tallinn, Estonia e-mail: eduard.shevtshenko@ttu.ee ABSTRACT Paper will give the analysis of theoretical MRP base and “Monitor” and “Scala” software efficiency analysis in the solution of “resource planning management” problems. The aim is to find out what are the original features of every solution on the way to profit maximisation at manufacturing enterprise. Paper will show what are the results of software implementation at the manufacturing enterprise compared to the period of work without software. Estimation of the efficiency of the “Scala” and “Monitor” software starts from the preparation of manufacturing process stage, and stretched up to financial results achieved. In this paper results achieved throw planning activities will be compared with real results. Analyses of manufacturing problems solutions throw software installed: using of work centre loading simulation possibilities for the optimisation of present and future manufacturing capacity; pre-calculation for future products; rating of subcontractors; EOQ calculation; delivery performance analysis; optimisation of inventory; supply chain management. Theoretical MRP base analysis gives the estimation of final profit sensitivity to different input data. This...
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...Effectiveness of Material Requirements Planning (MRP) framework within manufacturing cooperatives based in Polokwane Municipality Area Presented by Phetola Cyprian Mogale Student Number: 113904 Postal Address P.O. Box 507 Polokwane Ladanna 0704 Contact Numbers Work 015 297 6632 Cell 082 906 2746 Email address: mogalep@libsa.co.za Date submitted: 12 April 2012 Proposal for dissertation submitted in partial fulfilment of the degree Masters in Business Administration at the Mancosa Management College of Southern Africa TABLE OF CONTENTS i CONTENT PAGE 1. Introduction 4 2. Research Context: Background 4 3. Research Problem 6 4. Aim of the Study 7 5. Research Objectives 7 6. Research Questions 7 7. Significance of the Study 8 8. Literature Review 9 9. Research Design and Methodology 12 9.1 Research Methodology 12 9.2 Sampling Strategy 13 9.3 Data Collection Instruments 14 9.4 Data Analysis 15 9.5 Pilot Study 15 10. Ethical Considerations 15 11. Chapter Organization 16 12. Proposed Time-Table 17 13. Bibliography 18 LIST OF TABLES TABLE 1.1 SAMPLE SIZE 13 LIST OF ACRONYMS ii CRP Capacity Requirements Planning DTI Department of Trade and Industry EOQ Economic Order Quantity ERP Enterprise Resource Planning GDP Gross Domestic Product ...
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...Table of Contents COVER PAGE Table of Contents Question 1 3-6 Question 2 7-9 Question 3 10-12 Question 4 13-19 References 20 Question 1 MRP Material Requirements Planning An information system that determines what assemblies must be built and what materials must be procured in order to build a unit of equipment by a certain date. It queries the bill of materials and inventory databases to derive the necessary elements. It’s a software based on production planning and inventory control system used to manage manufacturing processes. Althouh it is not common nowadays, it is possible to conduct MRP by hand as well. The objectives of an MRP system is to simultaneously meet the three objectives. • Ensure material and product availability for production and delivery to customers • Maintain the lowesr possible level of inventory • Plan manufacturing activites, delivery schedules and purchasing activities. Manufacturing organisations, whatever their core business may be, face the same daily challenges, that customers want products to be available in a shorter time than it takes to make them. This means that some level of planning is required. Companies need to control the types and quantities of materials they purchase , plan which products are to be produced and in what quantites and ensure that they are ble to meet current and future customer demand, all at the lowest possible cost. Making a bad decision in any if these areas will make...
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...Process Design for Riordan Manufacturing MRP for Manufacturing The present process at Riordan Manufacturing is centered on the China plant, which applies material requirement planning to adhere to the material requirements, which then go through a collection process at receiving units in order to make its way to the molding unit. The assembly unit then receives the products, which are forwarded to the appropriate packing unit for appropriate handling. Lastly, the shipping unit handles the electric fans’ distribution. Riordan Manufacturing is concerned about scrap materials from the respective units. As such, there should be a reduction in the level of wasteful products from every unit; this, in turn, would lower the price of producing each fan. One initiative already commenced is the Hangzhou plant’s utilization of extra parts within its products that are customized. There are, however, additional concerns pertaining to periodic orders in regard to the supply of fans. As such, it is difficult to properly assess material requirements. In order to make this process more effective and precise, the MRP process needs to factor in variability in regard to overall supply and demand within the electric fans’ production. A New Process Design Riordan Manufacturing's China plant’s operations focus is on quantity when it comes to the production of the fans. The necessary amount of inventory is maintained according to a production forecast. Nonetheless, the amount of inventory is...
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...Introduction As the leader producer and seller of baby strollers, U.S. Stroller has been known for carrying a very high-quality baby stroller. The company is known for innovation designs and its good distribution system. The President of U.S. Stroller Judy Hawkins is the sister of the director of manufacturing Clem Hawkins. Judy has suggested to Clem that a Just-in-time system is what the company needs to reduce the high inventory cost, cycle time, improve quality and eventually cost the company is carrying. Clem decided he would solicit the help of Joan Hankins who had recently graduated from UCLA with an M.B.A; she was a whiz at analyzing. Below is a list of the facts about the company: 1. 2000 different sites in the United States distributing the company’s product 2. U.S. Stroller has been on the market for 50 years 3. The company has 20% of the market share 4. Business started in 1934 with a regular model for $49.00 5. Deluxe model was introduced in 1955 and sells for $99.00 6. Shopping center stroller was introduced in 1974, which sells at $149 7. U.S. Stroller is currently selling 106,000 units per year of the three types of strollers 8. There are approximate $4.5 million per year in sales 9. 25% of sales is gross profit and 2% net profit for the fiscal year 10. Inventory turnover is at 2.4 times per year 11. The company has earned a 3% on net assets on an after-tax basis and 8% on owner's equity 12. 50% of parts for...
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