Exam 13: Resource Planning

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Which of the following statements regarding the output from MRP systems is FALSE?

(Multiple Choice)
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Table 13.1. 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? -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?

(Multiple Choice)
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Only very accurate lot sizes are calculated in advance can MRP be effective.

(True/False)
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The quantity required of a dependent demanded item is computed from the demand for the final products in which the item is used.

(True/False)
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For items manufactured in- house, one component of lead time is processing time.

(True/False)
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Table 13.6 Table 13.6    -Use the information from Table 13.6. What is the planned receipts quantity in week 3? -Use the information from Table 13.6. What is the planned receipts quantity in week 3?

(Multiple Choice)
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Gross requirements are the total demand derived from all parent production plans.

(True/False)
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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.

(True/False)
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The master production schedule is a forecast of demand for families of products.

(True/False)
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Which of the following statements on MRP is TRUE?

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

(True/False)
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Table 13.7. Table 13.7.   -Use the information from Table 13.7. If a L4L lot- sizing rule is used, how many planned order releases are there for item XYZ? -Use the information from Table 13.7. If a L4L lot- sizing rule is used, how many planned order releases are there for item XYZ?

(Multiple Choice)
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Part commonality refers to the degree to which a component has more than one immediate parent.

(True/False)
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Discuss the master production schedule.

(Essay)
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A(n) _________ is a record of all the required materials, equipment time, staff, and other resources needed to provide a service, the parent- component relationship, and the usage quantities.

(Short Answer)
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_________ is the degree to which a component has more than one immediate parent.

(Short Answer)
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Use the following MRP record to answer the question. Use the following MRP record to answer the question.   Which one of the statements concerning item LMN is TRUE? Which one of the statements concerning item LMN is TRUE?

(Multiple Choice)
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Projected _________ inventory is an estimate of the amount of inventory available each week after gross requirements have been satisfied.

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Discuss the differences and similarities among material requirements planning, and enterprise resource planning systems.

(Essay)
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An intermediate item must have a least one components and least one parent.

(True/False)
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