Question 1

Load reports show capacity requirements for departments or work centres.

Accepted Answer

A) True 
 B)False  True

Question 2

The part-period method for lot sizing attempts to balance setup and holding costs.

Accepted Answer

A) True 
 B)False  True

Question 3

The MRP requires a list of the individual parts that will be converted to finished goods.

Accepted Answer

A) True 
 B)False  True

Question 4

Given an order cost of $100,a,per period holding cost of $.50,and the following requirements schedule:   What is the part-period method lot size for the order for the first period?

Accepted Answer

A) 120 
B) 200 
C) 280 
D) 350 
E) 450 
A) 120 
B) 200 
C) 280 
D) 350 
E) 450

Question 5

Given an order cost of $100,a,per period holding cost of $.50,and the following requirements schedule:   What is the lot size for the second order using the part-period method?

Accepted Answer

A) 80 
B) 150 
C) 170 
D) 250 
E) 230 
A) 80 
B) 150 
C) 170 
D) 250 
E) 230

Question 6

A regenerative MRP is one that is updated continuously.

Accepted Answer

A) True 
 B)False

Question 7

For relatively stable situations,a net-change MRP is better suited than using regenerative MRP.

Accepted Answer

A) True 
 B)False

Question 8

Ignoring the possibility of safety stock requirements,which one of the following most closely describes the calculation of net requirements for an item in MRP?

Accepted Answer

A) Gross requirements - projected on-hand - scheduled receipts 
B) Gross requirements - scheduled receipts 
C) Gross requirements - order releases + amount on-hand 
D) Gross requirements - planned order releases 
E) Gross requirements - projected on-hand + planned order releases 
A) Gross requirements - projected on-hand - scheduled receipts 
B) Gross requirements - scheduled receipts 
C) Gross requirements - order releases + amount on-hand 
D) Gross requirements - planned order releases 
E) Gross requirements - projected on-hand + planned order releases

Question 9

The bill of material contains information on lead times.

Accepted Answer

A) True 
 B)False

Question 10

ERP automates the tasks involved in performing a business process,such as order fulfilment and financial reporting.

Accepted Answer

A) True 
 B)False

Question 11

ERP involves software that is used to manage and coordinate all the resources,information,and functions of an organization from a shared database.

Accepted Answer

A) True 
 B)False

Question 12

The MRP input stating which end items are to be produced,when they are needed,and what quantities are needed,is the:

Accepted Answer

A) master production schedule. 
B) bill-of-materials. 
C) inventory-records. 
D) assembly-time chart. 
E) net-requirements chart. 
A) master production schedule. 
B) bill-of-materials. 
C) inventory-records. 
D) assembly-time chart. 
E) net-requirements chart.

Question 13

An assembly-time chart indicates gross and net requirements.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following most closely describes dependent demand?

Accepted Answer

A) Demand generated by suppliers. 
B) Sales forecasts. 
C) Derived demand. 
D) Demands placed on suppliers by their customers. 
E) Net material requirements. 
A) Demand generated by suppliers. 
B) Sales forecasts. 
C) Derived demand. 
D) Demands placed on suppliers by their customers. 
E) Net material requirements.

Question 15

In MRP,under lot-for-lot ordering,the size of "planned-order receipts" are equal to:

Accepted Answer

A) "scheduled receipts." 
B) "planned-order releases." 
C) open orders already scheduled to be delivered. 
D) "gross requirements." 
E) the EOQ quantity 
A) "scheduled receipts." 
B) "planned-order releases." 
C) open orders already scheduled to be delivered. 
D) "gross requirements." 
E) the EOQ quantity

Question 16

Great Product,Ltd.has just received an order for 100 Whozats,which must be ready for delivery at the start of week six.An MRP planner has prepared the following table showing product structure,lead times (orders are lot-for-lot),and quantities on hand:   How many Wherezats should be ordered?

Accepted Answer

A) 400 
B) 450 
C) 500 
D) 550 
E) 600 
A) 400 
B) 450 
C) 500 
D) 550 
E) 600

Question 17

Given the following information,develop a material requirements plan that will yield 400 units of product P at the start of week 7.
 11eab92b_c482_0992_99e6_c1c02018d3a4

Accepted Answer

Use the fo

Question 18

A phantom bill is a special type of bill of material that is a combination of the bill of materials for a number of subassemblies.

Accepted Answer

A) True 
 B)False

Question 19

Configuring the ERP software involves reengineering established business processes to align with the ERP's procedural settings.

Accepted Answer

A) True 
 B)False

Question 20

Which one of the following is not an input in an MRP system?

Accepted Answer

A) Planned-order releases 
B) Bill of materials 
C) Master production schedules 
D) Inventory on-hand,open orders and lead times 
A) Planned-order releases 
B) Bill of materials 
C) Master production schedules 
D) Inventory on-hand,open orders and lead times

Exam 20: Material Requirements Planning and Enterprise Resource Planning

Load reports show capacity requirements for departments or work centres.

The part-period method for lot sizing attempts to balance setup and holding costs.

The MRP requires a list of the individual parts that will be converted to finished goods.

Given an order cost of $100,a,per period holding cost of $.50,and the following requirements schedule: What is the part-period method lot size for the order for the first period?

Given an order cost of $100,a,per period holding cost of $.50,and the following requirements schedule: What is the lot size for the second order using the part-period method?

A regenerative MRP is one that is updated continuously.

For relatively stable situations,a net-change MRP is better suited than using regenerative MRP.

Ignoring the possibility of safety stock requirements,which one of the following most closely describes the calculation of net requirements for an item in MRP?

The bill of material contains information on lead times.

ERP automates the tasks involved in performing a business process,such as order fulfilment and financial reporting.

ERP involves software that is used to manage and coordinate all the resources,information,and functions of an organization from a shared database.

The MRP input stating which end items are to be produced,when they are needed,and what quantities are needed,is the:

An assembly-time chart indicates gross and net requirements.

Which of the following most closely describes dependent demand?

In MRP,under lot-for-lot ordering,the size of "planned-order receipts" are equal to:

Great Product,Ltd.has just received an order for 100 Whozats,which must be ready for delivery at the start of week six.An MRP planner has prepared the following table showing product structure,lead times (orders are lot-for-lot),and quantities on hand: How many Wherezats should be ordered?

Given the following information,develop a material requirements plan that will yield 400 units of product P at the start of week 7. 11eab92b_c482_0992_99e6_c1c02018d3a4

A phantom bill is a special type of bill of material that is a combination of the bill of materials for a number of subassemblies.

Configuring the ERP software involves reengineering established business processes to align with the ERP's procedural settings.

Which one of the following is not an input in an MRP system?

Introduction to Operations Management

Competitiveness, strategic Planning, and Productivity

Demand Forecasting

Product Design

Reliability

Strategic Capacity Planning

Decision Analysis

Process Design and Facility Layout

Linear Programming

Workjob Design

Learning Curves

Location Planning and Analysis

the Transportation Model

Management of Quality

Statistical Quality Control

Acceptance Sampling

Supply Chain Management

Inventory Management

Aggregate Operations Planning and Master Scheduling

Just-In-Time and Lean Production

Maintenance

Job and Staff Scheduling

Project Management

Waiting-Line Analysis

Simulation

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