Exam 13: Resource Planning

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Planned lead time for items manufactured in- house includes

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Table 13.6.  Table 13.6.   -Use the information from Table 13.6. If the lot- sizing rule were L4L instead of FOQ = 30 units, what would be the planned order release quantity week 1? -Use the information from Table 13.6. If the lot- sizing rule were L4L instead of FOQ = 30 units, what would be the planned order release quantity week 1?

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What are the key inputs to an MRP system?

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MRP can be used to best advantage under which one of the following circumstances?

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

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

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Which of the following statements about MRP II is TRUE?

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A purchased item has one or more components because it comes from a supplier.

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A material requirements plan for each component item is generated from the master production schedule and other sources using an MRP explosion.

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The ability of one piece of software to interact with others is called interoperability.

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Discuss both the advantages and disadvantages of using an MRP system, which when working, allows a firm to react to even minor changes in production requirements.

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Table 13.7.  Table 13.7.    -Use the information from Table 13.7. Which lot sizing rule results in the highest average inventory? -Use the information from Table 13.7. Which lot sizing rule results in the highest average inventory?

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An intermediate item is a subassembly.

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The master production schedule (MPS) details how many end items will be produced within specified periods of time.

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Describe how ERP systems are designed.

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In MRP, the inventory record divides the future into time periods called time baskets.

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Table 13.8 Sunshine Manufacture produces three products, X, Y, and Z. The production of these end items is controlled by an MRP system. Each end item X is assembled with two components of A and one component of B. Each end item of Y is assembled with two components of C and one component of A, each component of C is manufactured from one unit of B. End item Z is assembled from one unit of D and one unit of C, D is manufactured from one unit of A, and C is manufactured from one unit of B. -Use the information in Table 13.8. If item C has a manufacturing lead time of two weeks and a planned receipt of 65 units is needed in week 4, which of the following statements is TRUE?

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Which one of the following statements concerning MRP is TRUE?

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Finite capacity scheduling is an algorithm designed to schedule a group of orders appropriately across the entire shop.

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The action notice is a

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