Exam 4: Material Requirements Planning

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__________include information such as order quantities, lead times, safety stock, and scrap.

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C

__________bills are an artificial grouping of components for planning purposes. They are used to simplify forecasting, master production scheduling, and materials requirements planning.

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Complete the following table. Lead time for the part is two weeks and the order quantity is 40. What action should be taken? Week 1 2 3 4 Gross Requirements 20 15 10 20 Projected Available 40 Net Requirements Planned Order Receipt Planned Order Release

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An order for 40 should be released in week 1.

Complete the following table. Lead time for the part is two weeks. The lot size is 100. What is the projected available at the end of week 3? When is it planned to release an order? Week Gross Requirements Scheduled Receipts Projected Available 40 Net Requirements Planned Order Receipt Planned Order Release 1 2 3 4 20 65 35 25 100

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The people who manage the material requirements planning system are called planners.

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The number of periods in the record is called the planning horizon, which shows the number of past periods for which plans are being made.

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Complete the following table. Lead time for the part is two weeks. The order quantity, or lot size, is 100 units. Week 1 2 3 4 Gross Requirements 50 45 20 Projected Available 75 Net Requirements Planned Order Receipt Planned Order Release

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The product tree and the bill of material are called single- level structures. As assembly is considered a __________and the items that compose it are called its__________ .

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Low- level codes are determined by starting at the highest level of a bill of materials and working down, recording the level against the part.

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Product cost is usually broken down into__________ .

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Most companies make more than one product and often use the same components in many of their products.

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Product X is made from two units of A and one unit of B. Product Y is made from one unit of B and two units of C. Each A is made up of two units of C and one unit of D. Each unit of B is made up of two units of E. Construct the product tree. How many Cs are needed to make 50 Xs and 100Ys?

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Complete the following table. Lead time for the item is two weeks and the order quantity is 200. Week Gross Requirements Scheduled Receipts Projected Available 150 Net Requirements Planned Order Receipt Planned Order Release 1 2 3 4 50 250 100 50 200

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The dependency of a component on its parent is__________ .

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Priority refers to maintaining the correct due dates by constantly evaluating the true due- date need for released orders and, if necessary,k expediting or de- expediting.

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When released, the order becomes an open order to the factory or to purchasing and appears on the MRP record as a schedule receipt.

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Define and describe MRP. How is it related to the MPS?

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Planned order releases are just planned; they have not been released.

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Each level in the bill of material is assigned a number starting from the __________and working __________.

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Where does feedback to the planner originate?

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