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1. Why do ERP systems need bolt-on software?
2. Give an example of bolt-on software
Step by step
Solved in 4 steps
- What is ERP? ERP System Configurations Data Warehousing Risks Associated with ERP Implementation Implications for Internal Control and AuditingMatch the industry type to the expected benei ts from an MRP system as High, Medium,or Low.Industry Type Expected Benefit (High, Medium, or Low)Assemble-to-stockAssemble-to-orderMake-to-stockMake-to-orderEngineer-to-orderProcessschedule of major tasks for manufacturing electric bus
- 3. MRP systems have been used with varying degrees of success. Describe under what circumstances MRP might be successful and under what circumstances it would not be successful. It will be successful in a circumstances ofWhich of the following factor is applicable to the phased implementation approach of ERP system O a Limited sites O b. Old & new system has to co-exist O a Tried & Tested system Od Low-risk scenariosWhat happens to availability when the mean time between failures (MTTR) gets close to zero? Is it possible to adequately convey the current situation?
- 3( In the parallel implementation approach, the new ERP system is operated concurrently with the competition's.Select one:a. Falseb. True3-44 CVP analysis. The Germa company produces two products, Spick and Span, on one machine. Spick and Span cannot be made simultaneously. There is no time required to adjust the machine when switching from one product to the other. One unit of Spick requires 2 machine hours to produce, whereas one unit of Span requires 4 hours. The normal occupation of the machine is 6,000 hours per year. The fixed costs of the machine are $120,000 annually. One unit of Spick needs 2 kg of material A, whereas one unit of Span requires 3 kg. The budgeted price for 1 kg of material A is $4. The sales costs consist only of fixed costs, which are budgeted at $40,000 a year. The allocated fixed sales costs per product are $20. 1. Calculate the cost per product for Spick and Span. The selling price for Spick is $70 and for Span it is $120. 2. Calculate the breakeven revenue when 50% of the units sold are Spick and 50% are Span. 3. When material shortage causes a bottleneck, which product should be produced…(1) What are the three most common core components of 1st generation ERPs? Group of answer choices Accounting and finance Human resources Building and faculty management IT services management Occupational health and safety Production and materials management (2) In information systems, what does ERP actually stand for? Group of answer choices Entity Relationship Programming Enterprise Requirements Planning Enterprise Resource Planning Entity Requirements Planning