Question 1

What are the key inputs to an MRP system?

Accepted Answer

Bill of materials,ma

Question 2

MRP provides a specialized approach for dealing with items with independent demand.

Accepted Answer

A) True 
 B)False

Question 3

The choice of lot size rules has little impact on the effectiveness of the MRP system.

Accepted Answer

A) True 
 B)False

Question 4

If 40 units are on hand,the gross requirements for the next period are 120 units,and scheduled receipts for the next period is 200 units,what will the on-hand inventory level be at the beginning of the next period?

Accepted Answer

A) 40 
B) 80 
C) 120 
D) 160 
E) 200 
A) 40 
B) 80 
C) 120 
D) 160 
E) 200

Question 5

Which of the following items is not involved in developing an inventory record for a single item?

Accepted Answer

A) Lot size 
B) Lead time 
C) Safety stock 
D) Time bucket 
E) Inventory transactions 
A) Lot size 
B) Lead time 
C) Safety stock 
D) Time bucket 
E) Inventory transactions

Question 6

LFL minimizes inventory levels by.

Accepted Answer

A) Ordering only what is needed 
B) Ordering the same amount every time 
C) Ordering what is needed for a given time bucket 
D) Replacing the safety stock 
E) Ordering truck load quantities 
A) Ordering only what is needed 
B) Ordering the same amount every time 
C) Ordering what is needed for a given time bucket 
D) Replacing the safety stock 
E) Ordering truck load quantities

Question 7

Dependent demand is demand for items that are used to make another item.

Accepted Answer

A) True 
 B)False

Question 8

Additional computing power has made MRP systems more common.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is included in an MRP II system but not in an MRP system?

Accepted Answer

A) Capacity planning 
B) Inventory records 
C) Accounting systems 
D) Bill of materials 
E) Master schedules 
A) Capacity planning 
B) Inventory records 
C) Accounting systems 
D) Bill of materials 
E) Master schedules

Question 10

Which of the following is not an objective of the master schedule?

Accepted Answer

A) To balance the workload for a company in terms of total capacity 
B) To minimize total cost 
C) To assess the impact of new orders 
D) To identify available parts 
E) To freeze customer orders as soon as possible 
A) To balance the workload for a company in terms of total capacity 
B) To minimize total cost 
C) To assess the impact of new orders 
D) To identify available parts 
E) To freeze customer orders as soon as possible

Question 11

Determine the quantity of part E required to build 100 item X.

Accepted Answer

@#IMG-DLM& [(1 E per B * 2 Bs

Question 12

The POQ lot size to arrive in period t is the gross requirements for P periods,including period t,minus the projected on-hand inventory at the end of period (t - 1),minus the required safety stock.

Accepted Answer

A) True 
 B)False

Question 13

In an MRP system,the production order is offset to account for the lead time.

Accepted Answer

A) True 
 B)False

Question 14

Briefly describe an MRP explosion,and identify three sources gross requirements are derived from.

Accepted Answer

MRP explosion is the process of translat

What are the key inputs to an MRP system?

MRP provides a specialized approach for dealing with items with independent demand.

The choice of lot size rules has little impact on the effectiveness of the MRP system.

If 40 units are on hand,the gross requirements for the next period are 120 units,and scheduled receipts for the next period is 200 units,what will the on-hand inventory level be at the beginning of the next period?

Which of the following items is not involved in developing an inventory record for a single item?

LFL minimizes inventory levels by.

Dependent demand is demand for items that are used to make another item.

Additional computing power has made MRP systems more common.

Which of the following is included in an MRP II system but not in an MRP system?

Which of the following is not an objective of the master schedule?

Determine the quantity of part E required to build 100 item X.

The POQ lot size to arrive in period t is the gross requirements for P periods,including period t,minus the projected on-hand inventory at the end of period (t - 1),minus the required safety stock.

In an MRP system,the production order is offset to account for the lead time.

Briefly describe an MRP explosion,and identify three sources gross requirements are derived from.

Operations and Supply Chain Strategy

Quality Management

New Product Development

Process Design and Analysis

Forecasting

Independent Demand Inventory

Project Management

Optimization and Simulation Modeling

Capacity Planning

Quality Improvement Methods

Lean Enterprise

Technology and Integrated Supply Management

Global Supply Chain and Service Integration

Filters

Exam 7: Dependent Demand Inventory

What are the key inputs to an MRP system?

MRP provides a specialized approach for dealing with items with independent demand.

The choice of lot size rules has little impact on the effectiveness of the MRP system.

If 40 units are on hand,the gross requirements for the next period are 120 units,and scheduled receipts for the next period is 200 units,what will the on-hand inventory level be at the beginning of the next period?

Which of the following items is not involved in developing an inventory record for a single item?

LFL minimizes inventory levels by.

Dependent demand is demand for items that are used to make another item.

Additional computing power has made MRP systems more common.

Which of the following is included in an MRP II system but not in an MRP system?

Which of the following is not an objective of the master schedule?

Determine the quantity of part E required to build 100 item X.

The POQ lot size to arrive in period t is the gross requirements for P periods,including period t,minus the projected on-hand inventory at the end of period (t - 1),minus the required safety stock.

In an MRP system,the production order is offset to account for the lead time.

Briefly describe an MRP explosion,and identify three sources gross requirements are derived from.

Operations and Supply Chain Strategy

Quality Management

New Product Development

Process Design and Analysis

Forecasting

Independent Demand Inventory

Project Management

Optimization and Simulation Modeling

Capacity Planning

Quality Improvement Methods

Lean Enterprise

Technology and Integrated Supply Management

Global Supply Chain and Service Integration

Filters