Exam 13: Resource Planning

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.

(Short Answer)

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Question 41

A periodic order quantity issues orders at predetermined intervals using the same quantity for each order.

(True/False)

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Question 42

Complete the following MRP schedule:

(Essay)

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Question 43

_________ 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.

(Short Answer)

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Question 44

Explain the key differences between the FOQ, POQ and L4L lot sizing rules.

(Essay)

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Question 45

The purpose of Finite Capacity Scheduling is to

(Multiple Choice)

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Question 46

Complete the following MRP schedule:

(Essay)

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Question 47

One of the three types of MRP action notices possible is releasing a new order. Which one of the following statements is TRUE about releasing a new order?

(Multiple Choice)

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Question 48

Use the following MRP record to answer the question. How large is the second planned order release?

(Multiple Choice)

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Question 49

Table 13.7 -Use the information from Table 13.7. If a FOQ of 75 units is used, how many planned order releases are there for item XYZ?

(Multiple Choice)

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Question 50

Use the following MRP record to answer the question. What are the quantities of planned order releases for item XYZ for the first six weeks (weeks 1, 2, 3, 4, 5, and 6)?

(Multiple Choice)

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Question 51

One of the differences between Enterprise Resource Planning (ERP) and MRPII is that

(Multiple Choice)

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Question 52

Table 13.2. -Use the information in Table 13.2. If the lot sizing was POQ (P = 3) instead of L4L, how many planned order releases would there be?

(Multiple Choice)

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Question 53

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

(Multiple Choice)

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Question 54

An item is called a dependent demand item because demand is dependent on customer preferences.

(True/False)

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Question 55

Use the following MRP record to answer the question. Which one of the following statements about item QRS is TRUE?

(Multiple Choice)

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Question 56

Discuss planning lead time for inventory and manufacturers.

(Essay)

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Question 57

Consider the MPS, BOM, and inventory data shown below. Master Production Schedule: the following table shows the MPS start quantities. $Consider the MPS, BOM, and inventory data shown below. Master Production Schedule: the following table shows the MPS start quantities. Bill of Material: - Item A uses 2 each of component D, 1 each of component C and 2 each of subassembly B. - Subassembly B uses 2 each of component E. Selected Inventory Data: \begin{array} { | c | l | c | c | c | } \hline \text { Item } & \begin{array} { c } \text { Lot Size } \\ \text { Technique } \end{array} & \text { Lead Time } & \begin{array} { c } \text { Scheduled } \\ \text { Receipts } \end{array} & \text { On- Hand } \\ \hline \mathrm { B } & \mathrm { L } 4 \mathrm {~L} & 1 & 40 \text { in period 1 } & \\ \mathrm { C } & \mathrm { POQ } = 3 & 2 & & 40 \\ \mathrm { D } & \mathrm { FOQ } = 250 & 1 & \\ \mathrm { E } & \mathrm { L } 4 \mathrm {~L} & 2 & 160 \text { in period 2 } & \\ \hline \end{array} Construct the MRP schedule using the above information.$ Bill of Material: - Item A uses 2 each of component D, 1 each of component C and 2 each of subassembly B. - Subassembly B uses 2 each of component E. Selected Inventory Data: Item Lot Size Technique Lead Time Scheduled Receipts On- Hand 4 1 40 in period 1 =3 2 40 =250 1 4 2 160 in period 2 Construct the MRP schedule using the above information.

(Essay)

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Question 58

A(n) _________ item is the final product sold to a customer.

(Short Answer)

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Question 59

Using a periodic order quantity generates a high level of average inventory because it creates inventory remnants.

(True/False)

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Question 60

Showing 41 - 60 of 174

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.

A periodic order quantity issues orders at predetermined intervals using the same quantity for each order.

Complete the following MRP schedule:

_________ 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.

Explain the key differences between the FOQ, POQ and L4L lot sizing rules.

The purpose of Finite Capacity Scheduling is to

Complete the following MRP schedule:

One of the three types of MRP action notices possible is releasing a new order. Which one of the following statements is TRUE about releasing a new order?

Use the following MRP record to answer the question. How large is the second planned order release?

Table 13.7 -Use the information from Table 13.7. If a FOQ of 75 units is used, how many planned order releases are there for item XYZ?

Use the following MRP record to answer the question. What are the quantities of planned order releases for item XYZ for the first six weeks (weeks 1, 2, 3, 4, 5, and 6)?

One of the differences between Enterprise Resource Planning (ERP) and MRPII is that

Table 13.2. -Use the information in Table 13.2. If the lot sizing was POQ (P = 3) instead of L4L, how many planned order releases would there be?

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

An item is called a dependent demand item because demand is dependent on customer preferences.

Use the following MRP record to answer the question. Which one of the following statements about item QRS is TRUE?

Discuss planning lead time for inventory and manufacturers.

A(n) _________ item is the final product sold to a customer.

Using a periodic order quantity generates a high level of average inventory because it creates inventory remnants.

Creating Customer Value

Supply Chain Management

Supply Chain Sustainability and Humanitarian Logistics

Process Configuration

Capacity

Waiting Lines

Inventory Management

Quality and Process Improvement

Lean Systems

Location and Layout

Managing Demand and Forecasting

Operations Planning and Scheduling

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