Question 1 (Backwards in Time): Provide an example of planning "backwards in time" in your own lives. One example might be completing a big term paper by the end of the semester. Do you think about how long each task of writing the paper should take and which tasks need to be completed before others may begin? Give your own example.

Question 2 (ERP): Consider the advantages and disadvantages of ERP as described in the text. Based on what you've studied, do you think that installing an ERP system would be worth it, even at a cost of, say $100 million (for a fairly large firm)?

Question 3 (MRP): What functions of the firm affect an MRP system? How?

Answer rating: 100% (QA)

Question 1 Backwards in Time When planning a term paper a backward planning approach involves starting with the deadline end of the semester and working backward to determine the necessary tasks and t... View the full answer