Question 1

Complete the following MRP schedule:

Accepted Answer

The answer of Complete the following MRP schedule:
  ...

Question 2

Complete the following MRP schedule:

Accepted Answer

The answer of Complete the following MRP schedule:
  ...

Question 3

A purchased item may have one or more parents.

Accepted Answer

A) True 
 B)False

Question 4

Distribution requirements planning (DRP)is an inventory control and scheduling technique that applies MRP principles to distribution inventory.

Accepted Answer

A) True 
 B)False

Question 5

________ allow an organization to view its operations as a whole rather than having to try to put together the different information pieces produced by its various functions and divisions.

Accepted Answer

The answer of ________ allow an organization to view its...

Question 6

________ are orders that have been placed,but not yet completed.

Accepted Answer

The answer of ________ are orders that have been placed,but...

Question 7

A purchased item is a component received by the company and taken out of inventory.

Accepted Answer

A) True 
 B)False

Question 8

Enterprise resource planning (ERP)systems are small,functional information systems areas that support many enterprise processes and data storage needs.

Accepted Answer

A) True 
 B)False

Question 9

MRP ________ is a process that converts the requirements of various final products into a material requirements plan that specifies the replenishment schedule of all the subassemblies,components,and raw materials needed by the final products.

Accepted Answer

The answer of MRP ________ is a process that converts...

Question 10

Environmental management and MRP do not work well together.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following statements about lot-sizing rules for MRP is TRUE?

Accepted Answer

A)  The periodic order quantity (POQ) rule generates a higher level of average inventory, because it creates inventory remnants. 
B)  FOQ reduces the amount of inventory on hand, by doing a better job of matching the order quantity the projected on-hand inventory quantity. 
C)  The lot-for-lot rule minimizes inventory investment, but maximizes the number of orders placed. 
D)  In general, the fixed order quantity rule introduces greater instability into the production process. 
A)  The periodic order quantity (POQ) rule generates a higher level of average inventory, because it creates inventory remnants. 
B)  FOQ reduces the amount of inventory on hand, by doing a better job of matching the order quantity the projected on-hand inventory quantity. 
C)  The lot-for-lot rule minimizes inventory investment, but maximizes the number of orders placed. 
D)  In general, the fixed order quantity rule introduces greater instability into the production process.

Question 12

Table 13.1
  
-Use the information in Table 13.1.If the safety stock level were 30 units instead of 0 units,in which week would the first planned receipt occur?

Accepted Answer

A)  Week 1 
B)  Week 2 or 3 
C)  Week 4 or 5 
D)  Week 6 or 7 
A)  Week 1 
B)  Week 2 or 3 
C)  Week 4 or 5 
D)  Week 6 or 7

Question 13

Discussed why lots sizing is important in MRP.

Accepted Answer

Lot sizing is important primarily as it

Question 14

An ________ is a company-wide process that cuts across functional areas,business
units,geographic regions,and product lines.

Accepted Answer

The answer of An ________ is a company-wide process that...

Question 15

Complete the following MRP schedule:

Accepted Answer

The answer of Complete the following MRP schedule:
  ...

Question 16

If a planned receipt for an item is due in week 6 and the item's lead time is 2 weeks,in which week will the corresponding planned order release occur?

Accepted Answer

A)  Week 2 
B)  Week 4 
C)  Week 6 
D)  Week 8 
A)  Week 2 
B)  Week 4 
C)  Week 6 
D)  Week 8

Question 17

________ is the degree to which a component has more than one immediate parent.

Accepted Answer

The answer of ________ is the degree to which a...

Question 18

What is an "action notice" in an MRP system?

Accepted Answer

An action notice is a computer-generated

Question 19

Which one of the following statements about material requirements planning is TRUE?

Accepted Answer

A)  MRP is intended mainly for MRO (maintenance, repair, and operating supplies) items where the demands are not too "lumpy." 
B)  The more volatile the manufacturing environment, the more likely it is that an MRP installation will be successful. 
C)  Survey results show that most companies adopting MRP have a purely line flow strategy. 
D)  The distinctive advantages of MRP are greater when there are many BOM levels, large lot sizes, and a manufacturing environment that is not too volatile. 
A)  MRP is intended mainly for MRO (maintenance, repair, and operating supplies) items where the demands are not too "lumpy." 
B)  The more volatile the manufacturing environment, the more likely it is that an MRP installation will be successful. 
C)  Survey results show that most companies adopting MRP have a purely line flow strategy. 
D)  The distinctive advantages of MRP are greater when there are many BOM levels, large lot sizes, and a manufacturing environment that is not too volatile.

Question 20

A bill of materials lists all components,ingredients,as and materials needed to produce one unit of an end item.

Accepted Answer

A) True 
 B)False

Exam 12: Resource Planning

Complete the following MRP schedule:

Complete the following MRP schedule:

A purchased item may have one or more parents.

Distribution requirements planning (DRP)is an inventory control and scheduling technique that applies MRP principles to distribution inventory.

________ allow an organization to view its operations as a whole rather than having to try to put together the different information pieces produced by its various functions and divisions.

________ are orders that have been placed,but not yet completed.

A purchased item is a component received by the company and taken out of inventory.

Enterprise resource planning (ERP)systems are small,functional information systems areas that support many enterprise processes and data storage needs.

MRP ________ is a process that converts the requirements of various final products into a material requirements plan that specifies the replenishment schedule of all the subassemblies,components,and raw materials needed by the final products.

Environmental management and MRP do not work well together.

Which of the following statements about lot-sizing rules for MRP is TRUE?

Table 13.1 -Use the information in Table 13.1.If the safety stock level were 30 units instead of 0 units,in which week would the first planned receipt occur?

Discussed why lots sizing is important in MRP.

An ________ is a company-wide process that cuts across functional areas,business units,geographic regions,and product lines.

Complete the following MRP schedule:

If a planned receipt for an item is due in week 6 and the item's lead time is 2 weeks,in which week will the corresponding planned order release occur?

________ is the degree to which a component has more than one immediate parent.

What is an "action notice" in an MRP system?

Which one of the following statements about material requirements planning is TRUE?

A bill of materials lists all components,ingredients,as and materials needed to produce one unit of an end item.

Creating Customer Value through Operations

Supply Chain Management

Process Configuration

Capacity

Inventory Management

Quality and Process Improvement

Lean Systems

Managing Projects

Location and Layout

Managing Demand and Forecasting

Operations Planning and Scheduling

Decision Making

Financial Analysis

Work Measurement

Learning Curve Analysis

Computer-Integrated Manufacturing

Acceptance Sampling Plans

Simulation

Special Inventory Models

Linear Programming

Waiting Lines

Filters