Exam 10: Sales and Operations Planning and Enterprise Resource Planning

The capacity strategy where capacity is only increased when increasing demand justifies the increase in capacity is called ________.

Given the following information,develop a material requirements plan that will yield 400 units of product P at the start of week 7.Item B can only be ordered in lot sizes of 450.Other items can be ordered in lot sizes as required.

Breaking product families into individual products and components of products is called ________.

The capacity for a machine or system that is available after accounting for scrap and rework and also factors in inefficiencies inherent in the system is known as

The advantage of using cloud-based ERP systems is that

A step in a process that constraints the throughput of the process is known as ________.

The strategy that varies prices in order to match capacity with demand is known as

An advantage of the chase SOP production plan is that inventories can be kept relatively low.

A database that knows when items will be in stock as well as current inventory levels is called ________.

A printer has been rated by the manufacturer to print 40 pages per minute (ppm).However it is noticed that the printer has a 5% jamming rate,and also on average 20% of the time is lost on account of the operator loading the paper,aligning the print cartridge,etc.Thus,effectively the printer can print how many pages per minute (ppm)?

A printer has been rated by the manufacturer to print 40 pages per minute (ppm).However it is noticed that the printer has a 5% jamming rate.Hence the actual capacity of the printer is 36 pages per minute (ppm).

Using mechanisms such as pricing to level demand is called ________.

The rate of capacity utilization that minimizes average product cost is known as ________.

The capacity for a machine or system that is available after accounting for scrap and rework is known as ________.

The system that is used to manage the entire firm including the individual business functions like finance,production,human resources and accounting is called the ________ system.

The process of calculating requirements for components and subassemblies from the demand for finished products is called ________.

Capacity utilization is the ratio of actual output to actual capacity.

A printer has been rated by the manufacturer to print 40 pages per minute (ppm).However it is noticed that the printer has a 5% jamming rate,thus effectively printing 38 pages per minute (ppm).This is the ________ capacity of the printer.

Creating a high-level overview of planning,which involves groups or families of products,is called ________.

The system that is used to manage the entire firm including the individual business functions like finance,production,human resources and accounting is called the master resource planning system.