Exam 6: Resource Planning Systems

Lead Capacity Strategy is a proactive approach that adds or subtracts capacity in anticipation of future market conditions and demand.

The process of converting a parent item's planned order releases into component gross requirements is referred to as the ERP Implosion.

The Chase Production Strategy relies on a constant output rate and capacity while varying inventory and backlog levels to handle the fluctuating demand pattern.

Which of the following MRP terms represents the parts demanded by a parent?

According to the textbook,which of the following is considered a reason that ERP implementations fail?

Which of the following MRP terms represents a committed order awaiting delivery for a specific period?

Organizations that choose to discontinue use of old and inefficient computer and information systems in favor of adopting a modern ERP system are said to have implemented a decentralized database solution.

Which number should be placed in the spot presently filled with the X?

According to the text,a firm should always run its operations at 100 percent capacity to ensure changes affecting demand can be met.

Lack of communication between the implementing firm and its ERP software provider can become a major hindrance for a successful implementation.

Computer and information technologies MRP has evolved to become closed-loop MRP which can now take into account APP,MPS,and CRP.

Organizations that choose to implement the best applications or modules for each of the different functional departments associated with the supply chain versus choosing to implement one single system with all of the desired applications from a single vendor is said to have chosen a(n):

Your boss just came to the lunch.During the lunch he had a discussion with some business partners concerning modern organizational information systems. The boss' basic question to you was,"Do you think our company needs an ERP system?" Obviously,without knowing the details of this company or the industry in which it operates,it would be difficult to provide a detailed answer to this question. Your new project may take days,weeks,or even months to answer accurately,but before you begin your research you should develop a short but detailed outline for a paper that will inform the boss about the basics of ERP,the advantages of ERP,as well as the disadvantages of ERP. Answer some of these questions within your outline/answer: •What is ERP? •Why should the organization get an ERP system? •Why might the organization not want to get ERP? •If we did get an ERP system what would be required for successful implementation?

List and define the three basic production methods used to complete the aggregate plan.

Two reasons ERP implementations have been known to fail include: lack of employee training on the new ERP system and lack of adequate resources to support these complex and time consuming implementations.

MRP systems are simply a more modern version of the ERP systems of the 1980's.

The three basic production strategies for addressing the aggregate planning problem are the chase production strategy,the level production strategy,and the mixed production strategy.

The resource and operations planning done by operations managers is intended to balance capacity and output.

A Master Production Schedule is a medium-range materials plan.

This chapter discussed both materials planning and capacity planning.Consider those concepts in answering the following questions: 1.Which is more appropriate for a conventional service organization? Why? 2.Which is more appropriate for a conventional manufacturing organization? Why? 3.What are the three hierarchical components of materials planning? Provide a brief description of each. 4.What are the three hierarchical components of capacity planning? Provide a brief description of each.