Exam 14: Material Requirements Planning and Enterprise Resource Planning

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ERP packages are intended to fit established ways of doing business,but some modifications to business processes or the ERP software are typically required.

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What is the lot size for the second order using the part-period method?

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An assembly-time chart indicates gross and net requirements.

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Which of the following are accurate statements concerning MPS,MRP and capacity requirements planning (CRP)? I.CRP is equivalent to a master production schedule (MPS). II.CRP is needed to determine if an MPS is feasible. III.CRP is an input to MRP. IV.Planned-order releases from MRP are the inputs for CRP.

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A bill of material contains a listing of all the raw materials,parts,and subassemblies needed to produce one unit of an end item.

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A process designed to handle purchasing and scheduling the production of dependent-demand components is:

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Independent demand tends to be more sporadic or "lumpy" than dependent demand.

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ERP systems are based on software modules for various functional areas of a business such as purchasing,production planning,and supply chain management.

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MRP II is simply a label for current,more advanced versions of software applications for MRP.

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In MRP processing the difference between a planned-order release and the planned-order receipt is:

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Ignoring the possibility of safety stock requirements,which one of the following most closely describes the calculation of net requirements for an item in MRP?

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What is the correct sequence to go from the broadest to the most detailed form of operations planning?

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Which one of the following is not an input in an MRP system?

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Safety time is sometimes used in MRP rather than safety stock.

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Under fixed-interval lot sizing,order sizes for component parts are determined based on which one of the following?

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A master production schedule (MPS)is the principal output developed from MRP systems.

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The master production schedule (MPS)states which product components are to be produced.

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The MRP approach that immediately updates only those records directly affected by a change is referred to as a(n):

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A regenerative MRP is one that is updated continuously.

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In MRP,under lot-for-lot ordering,the size of "planned-order receipts" are equal to:

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