Exam 10: Sales and Operations Planning and Enterprise Resource Planning

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The typical time horizon for developing a Sales and Operations Plan (SOP)is

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

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In a matching capacity strategy,capacity is increased at relatively the same rate that demand increases.

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The capacity that a machine or system should realize given optimal operating conditions is known as ________.

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A planning strategy that produces the same amount every period,and demand is met by varying inventory levels is known as ________.

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A printer has been rated by the manufacturer to print 40 pages per minute (ppm).This is the ________ capacity of the printer.

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The process of time phasing and calculating requirements for lower level items from parent items is called ________.

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The MRP input that states which end items are to be produced,when they are needed,and what quantities are needed,is the

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Systems that help managers make decisions relating to the creation of schedules that balance demand and supply are known as ________.

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The table below provides information about demand for three products from a SOP plan for the coming quarter.Also provided are standard hours for the three products,which do not include different possible product variations.Assuming the company has 40,000 labor hours available in the coming quarter,determine the feasibility of this plan using Rough-Cut Capacity Planning (RCCP). The table below provides information about demand for three products from a SOP plan for the coming quarter.Also provided are standard hours for the three products,which do not include different possible product variations.Assuming the company has 40,000 labor hours available in the coming quarter,determine the feasibility of this plan using Rough-Cut Capacity Planning (RCCP).

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Efficiency is the ratio of actual output to design capacity.

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Which of these factors need to be considered when computing the available capacity of a machine or system?

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The ratio of actual output to design capacity is called ________.

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A planning system that focuses on bottlenecks to ensure that the MPS does not overload production processes or facilities is known as ________.

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Which of these factors need to be considered when computing the actual capacity of a machine or system?

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In the chase SOP production plan,variations in demand from period to period are met by

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The phenomenon where producing more such that the average cost of production for the item decreases is known as

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Capacity utilization is defined as the ratio of

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The feasibility check of a Materials Requirement Plan (MRP)is

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The element of the MRP record which is the amount of an item required to satisfy gross requirements after taking scheduled receipts and projected inventory in account is called

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