Exam 7: Dependent Demand Inventory

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An expansion of MRP to include other nonproduction company systems including finance,accounting,purchasing,and logistics is MRP II.

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A technique that offers customers incentives to shape their demand patterns refers to

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What is the amount of inventory on hand during week 3? What is the amount of inventory on hand during week 3?

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A six-pack comprises six cans of soda.A can of soda is composed of 12 ounces of the beverage.No inventory is available.How many ounces of soda are required to deliver 325 six-packs?

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For the following product structure tree,how many units of part E will be required for each A? For the following product structure tree,how many units of part E will be required for each A?

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An inventory transaction occurs when there is any change in the quantity of a specific part or material.

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When graphed,dependent demand will appear lumpy rather than even.

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The finished product is located at what level of the BOM?

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Which of the following items is an MRP input?

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Part E is an example of a ____. Part E is an example of a ____.

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If a product has gross requirements of 200,and inventory of 220 is on hand,what amount should be ordered? What would be the inventory on hand in the next period (no safety stock is required)?

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Give three reasons for carrying safety stock.

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If a lot size of 200 is required,and 125 parts are on hand,what amount should be ordered to meet a demand of 250? What will the inventory level be in the next period?

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If a planned receipt for an item is due in week 5 and the item's lead time is 3 weeks,when will the corresponding planned order release occur?

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If 500 units of item 11001 are required in week 8,what is the planned order release amount and period for item 21001? On hand are 15 units of part 11001,8 of part 21001,20 of part 21002,and 75 of part 31002.

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MRP nervousness describes the situation where a change at one MRP level ripples down to effect lower-level parts.

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An action notice signals when to release an order or when a change is required.

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Briefly describe the FOQ,POQ,and L4L lot sizing rules.

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Capacity limitations that must be considered before finalizing the master schedule include all of the following except

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An item that is manufactured from component parts is known as

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