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What is the cash-to-cash cycle time if ARd = 6.5 days, Id = 22.2 days, and APd = 4.2 days?


A) 32.9 days
B) 19.9 days
C) 16.45 months
D) 24.5 days

E) B) and D)
F) None of the above

Correct Answer

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Which of the following is not a benefit of running large batches in a manufacturing setting?


A) Create larger inventories.
B) Minimize equipment downtime.
C) Increase equipment and labor utilization.
D) Improve quality performance.

E) A) and B)
F) All of the above

Correct Answer

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The term "enterprise resource planning (ERP)" can mean different things.

A) True
B) False

Correct Answer

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Data warehouses are useful mechanisms to support daily routine tasks.

A) True
B) False

Correct Answer

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What is transaction processing?


A) The decision support system used to efficiently handle multiple transactions
B) The posting and tracking of the detailed activities of a business
C) The movement of paperwork through a system using a decision tree
D) The scheduling of machinery to minimize time and scrap

E) A) and B)
F) C) and D)

Correct Answer

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What is an example of an issue that might be addressed by supply chain event management?


A) A customer complains that a product arrived damaged.
B) A customer complains that he is unhappy with the product's new packaging design.
C) A customer decides to change her order in the next ordering cycle.
D) A customer would like to discuss getting a quantity discount in the next billing cycle.

E) B) and D)
F) None of the above

Correct Answer

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Because the scope of ERP packages is very large, it is rarely necessary to add additional software.

A) True
B) False

Correct Answer

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