Exam 12: Resource Planning

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The purpose of Finite Capacity Scheduling is to

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Table 13.5 Table 13.5    -Use the information in Table 13.5.Which of the statements concerning item RST is TRUE? (Examine each answer independently.) -Use the information in Table 13.5.Which of the statements concerning item RST is TRUE? (Examine each answer independently.)

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Service providers must plan for the same resources as in the manufacturing company having demand material driven.

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Complete the following MRP schedule: Complete the following MRP schedule:

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A technique for projecting time-phased requirements for critical workstations is a definition of

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________ is a lot-sizing rule that allows a different order quantity for each order issued but tends to issue the order at predetermined time intervals.

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A(n)________ process that takes sales and operations plans; processes information in the way of time standards,routings,and other information on how the firm produces its services or products; and then plans the input requirements.

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The ________ is a record of all components of an item,the parent-component relationships,and usage quantities derived from engineering and process design.

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________ ties the basic MRP system to the company's financial system.

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Which of the following statements on MRP is TRUE?

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Which one of the following systems is an input to the MRP system?

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Table 13.2 Table 13.2    -Use the following MRP record to answer the question.   How many action notices are needed for item A? -Use the following MRP record to answer the question. Table 13.2    -Use the following MRP record to answer the question.   How many action notices are needed for item A? How many action notices are needed for item A?

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Gross requirements are the total demand derived from all parent production plans.

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The bill of materials is a record of all the components of an item,the parent-component relationships,and usage quantities derived from engineering and process designs.

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In an MRP system,a(n)________ item has at least one parent and at least one component.

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In an MRP system,from what sources are an item's gross requirements derived?

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Discuss both the advantages and disadvantages of using an MRP system,which when working,allows a firm to react to even minor changes in production requirements.

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Only very accurate lot sizes are calculated in advance can MRP be effective.

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Which of the following statements about Enterprise Resource Planning (ERP)is TRUE?

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Discuss planning lead time for inventory and manufacturers.

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