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(Winter/November 2012)
Master of Business Administration – MBA Semester 3
“Operations Management” Specialization
OM 0011 – Enterprise Resource Planning (4 credits)
(Book ID: B1233 )
ASSIGNMENT- Set 1
Marks 60
Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions.
Q1.a. Explain how ERP systems can achieve business integration 5 marks(150-200) words
Answer : The reason ERP packages are called integrated, is the automatic data updation (automatic data exchange among applications) between related business components. Since conventional company information systems were aimed at the optimization of independent business functions in business units, almost all were weak in terms of the communication and integration of information that transcended the different business functions. In
b. What is business modeling? 5 marks(150-200) words
Answer : A business model describes the rationale of how an organization creates, delivers, and captures value (economic, social, cultural, or other forms of value). The process of business model construction is part of business strategy.
Q2.a. Write a note on OLAP? 5 marks(150-200) words
: In computing, online analytical processing, or OLAP is an approach to answering multi-dimensional analytical (MDA) queries swiftly. LAP is part of the broader category of business intelligence, which also encompasses relational database report writing and data mining. Typical applications of OLAP include business reporting for sales, marketing, management reporting, business process management (BPM),[3] budgeting and forecasting, financial reporting and similar areas, with new applications coming up, such as agriculture.[4] The term OLAP was created as a slight modification of the traditional database term OLTP (Online Transaction Processing).
OLAP tools enable users to analyze
b. Briefly explain the key principles to a proper ERP system selection process. 5 marks(150-200) words
Answer : An ERP system selection methodology is a formal process for selecting an enterprise resource planning (ERP) system. Existing methodologies include:
- Specie Independent Vendor Selection Management
- Kipper’s funnel method
- Dobbin’s 3D decision support tool
- Clarkson Potomac method
Q3. Write a note on quality management. 10 marks(300-400) words
Answer : The term quality management has a specific meaning within many business sectors. This specific definition, which does not aim to assure ‘good quality’ by the more general definition, but rather to ensure that an organization or product is consistent, can be considered to have four main components: quality planning, quality control, quality assurance and quality improvement.Quality management is focused not only on product/service quality, but also the means to achieve it. Quality management therefore uses quality assurance and control of processes as well as products to achieve more consistent quality.
Q4. Explain JIT & Kanban .Mention the benefits of JIT. 10 marks(300-400) words
Answer : Kanban (literally signboard or billboard) is a scheduling system for lean and just-in-time (JIT) production. Kanban is a system to control the logistical chain from a production point of view, and is not an inventory control system. Kanban was developed by Taiichi Ohno, at Toyota, to find a system to improve and maintain a high level of production. Kanban is one method through which JIT is achieved.
Kanban became an effective tool in
Q5. Briefly explain the functioning of a ERP purchase System 10 marks(300-400) words
Answer : Functions of ERP purchase system
Financial accountancy (or financial accounting) is the field of accountancy concerned with the preparation of financial statements for decision makers, such as stockholders, suppliers, banks, employees, government agencies, owners, and other stakeholders..
Financial accountancy is governed
Q6. What is web ERP? What are its benefits? 10 marks(300-400) words
Answer : webERP is an open source ERP system for Small and Medium-sized Enterprise (SME).
Features of web ERP:
- Sales Orders and Quotations
- Accounts Receivable
- User defined sales analysis
- Purchase Orders
- Accounts Payableer.
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