Question 1

A phantom bill of material is appropriate when a product consists of assemblies that are later combined to form a variety of final products.

Accepted Answer

A) True 
 B)False

Question 2

Given the following Product Structure Record:   The number of G's required for each A would be

Accepted Answer

A) 40. 
B) 20. 
C) 18. 
D) 3. 
A) 40. 
B) 20. 
C) 18. 
D) 3.

Question 3

What is the master production schedule (MPS)and what role does in play in the material requirements planning (MRP)process?

Accepted Answer

The master production schedule (MPS)spec

Question 4

Given the following MRP matrix for Item D:   The projected on hand quantity at the end of period 3 would be

Accepted Answer

A) 0. 
B) 20. 
C) 60. 
D) 70. 
A) 0. 
B) 20. 
C) 60. 
D) 70.

Question 5

Given the following Product Structure Record:   The number of F's required for each A would be

Accepted Answer

A) 6. 
B) 12. 
C) 18. 
D) 24. 
A) 6. 
B) 12. 
C) 18. 
D) 24.

Question 6

How does MRP differ from traditional inventory control systems?

Accepted Answer

Material requirements planning (MRP)is a

Question 7

The periodic order quantity (POQ)lot-sizing technique places orders every demand period.

Accepted Answer

A) True 
 B)False

Question 8

Given the following MRP matrix for Item E:   The projected on hand quantity at the end of period 3 would be

Accepted Answer

A) 0. 
B) 100. 
C) 300. 
D) 500. 
A) 0. 
B) 100. 
C) 300. 
D) 500.

Question 9

Given the following Product Structure Record:   The number of D's required for each A would be

Accepted Answer

A) 2. 
B) 3. 
C) 6. 
D) 12. 
A) 2. 
B) 3. 
C) 6. 
D) 12.

Question 10

ERP application modules can be used alone or in combination.

Accepted Answer

A) True 
 B)False

Question 11

Firms that successfully implement an MRP system no longer require cycle counting of inventory.

Accepted Answer

A) True 
 B)False

Question 12

Capacity requirement planning (CRP)converts the material plan into labour and machine workloads.

Accepted Answer

A) True 
 B)False

Question 13

A material requirements planning (MRP)system serves as both an inventory control system and as a production scheduling system.

Accepted Answer

A) True 
 B)False

Question 14

A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period.   If the periodic order quantity lot sizing rule is used,the number of periods worth of requirements would be

Accepted Answer

A) 0. 
B) 1. 
C) 2. 
D) 3. 
A) 0. 
B) 1. 
C) 2. 
D) 3.

Question 15

Given the following MRP matrix for Item E:   The planned order releases for period 1 would be

Accepted Answer

A) 300. 
B) 200. 
C) 75. 
D) 0. 
A) 300. 
B) 200. 
C) 75. 
D) 0.

Question 16

Which of the following is not a major input into capacity requirements planning (CRP)?

Accepted Answer

A) planned order releases 
B) routing file 
C) load profiles for each work centre 
D) open orders file 
A) planned order releases 
B) routing file 
C) load profiles for each work centre 
D) open orders file

Question 17

Lot sizing rules are used in MRP to determine work or purchase order quantities.

Accepted Answer

A) True 
 B)False

Question 18

Material requirements planning (MRP)is useful for managing and scheduling discrete demand items.

Accepted Answer

A) True 
 B)False

Question 19

A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period.   If EOQ lot sizing is used the minimum order quantity would be

Accepted Answer

A) 85. 
B) 100. 
C) 120. 
D) 150. 
A) 85. 
B) 100. 
C) 120. 
D) 150.

Question 20

What is Enterprise Resource Planning (ERP)?

Accepted Answer

Enterprise Resource Planning (ERP)is sof

Exam 20: Resource Planning

A phantom bill of material is appropriate when a product consists of assemblies that are later combined to form a variety of final products.

Given the following Product Structure Record: The number of G's required for each A would be

What is the master production schedule (MPS)and what role does in play in the material requirements planning (MRP)process?

Given the following MRP matrix for Item D: The projected on hand quantity at the end of period 3 would be

Given the following Product Structure Record: The number of F's required for each A would be

How does MRP differ from traditional inventory control systems?

The periodic order quantity (POQ)lot-sizing technique places orders every demand period.

Given the following MRP matrix for Item E: The projected on hand quantity at the end of period 3 would be

Given the following Product Structure Record: The number of D's required for each A would be

ERP application modules can be used alone or in combination.

Firms that successfully implement an MRP system no longer require cycle counting of inventory.

Capacity requirement planning (CRP)converts the material plan into labour and machine workloads.

A material requirements planning (MRP)system serves as both an inventory control system and as a production scheduling system.

A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period. If the periodic order quantity lot sizing rule is used,the number of periods worth of requirements would be

Given the following MRP matrix for Item E: The planned order releases for period 1 would be

Which of the following is not a major input into capacity requirements planning (CRP)?

Lot sizing rules are used in MRP to determine work or purchase order quantities.

Material requirements planning (MRP)is useful for managing and scheduling discrete demand items.

A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period. If EOQ lot sizing is used the minimum order quantity would be

What is Enterprise Resource Planning (ERP)?

Operations Management

Quality Management

Statistical Process Control

Operational Decision-Making Tools: Acceptance Sampling

Product Design

Service Design

Processes and Technology

Capacity and Facilities Design

Operational Decision-Making Tools: Facility Location Models

Human Resources

Operational Decision-Making Tools: Work Measurement

Project Management

Supply Chain Management: Strategy and Design

Global Supply Chain Procurement and Distribution

Forecasting

Inventory Management

Operational Decision-Making Tools: Simulation

The Sales and Operations Planning Process

Operational Decision-Making Tools: Linear Programming

Lean Systems

Scheduling

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