Question 1

Information concerning on-hand quantities,lot sizes and,lead time,figures can be found in the master production schedule (MPS).

Accepted Answer

A) True 
 B)False  False

Question 2

The item master file contains all the following except

Accepted Answer

A) on-hand quantities. 
B) lead times. 
C) planned order releases. 
D) on-order quantities. 
A) on-hand quantities. 
B) lead times. 
C) planned order releases. 
D) on-order quantities. C

Question 3

Material requirements planning (MRP)is a useful for all of the following except

Accepted Answer

A) dependent demand items. 
B) discrete demand items. 
C) independent demand items. 
D) erratic orders. 
A) dependent demand items. 
B) discrete demand items. 
C) independent demand items. 
D) erratic orders. C

Question 4

Given the following MRP matrix for Item C:
 
If each order cost $500 and the holding cost is $0.75 per item per period,then using the Periodic Order Quantity lot sizing technique,the Planned Order Release for period 1 would be

Accepted Answer

A) 270 
B) 290 
C) 340 
D) 560 
A) 270 
B) 290 
C) 340 
D) 560

Question 5

A load profile displays underloads and overloads.

Accepted Answer

A) True 
 B)False

Question 6

How does MRP differ from traditional inventory control systems?

Accepted Answer

Material requirements planning (MRP)is a

Question 7

Given the following Product Structure Record
 
The number of I's required for each A would be

Accepted Answer

A) 1 
B) 2 
C) 6 
D) 12 
A) 1 
B) 2 
C) 6 
D) 12

Question 8

Material requirements planning (MRP)is more useful for simple products and less useful for complex products.

Accepted Answer

A) True 
 B)False

Question 9

A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period.
 
If EOQ lot sizing is used to set the minimum order quantity,then the projected on hand quantity at the end of period 3 would be

Accepted Answer

A) 40 
B) 0 
C) 100 
D) 20 
A) 40 
B) 0 
C) 100 
D) 20

Question 10

A forecast of dependent demand requirements is one of the major inputs into the MRP process.

Accepted Answer

A) True 
 B)False

Question 11

Very simple products typically do not require material requirements planning (MRP)to plan production or monitor inventory levels.

Accepted Answer

A) True 
 B)False

Question 12

Given the following MRP matrix for Item E:
 
The planned order releases for period 1 would be

Accepted Answer

A) 300 
B) 200 
C) 75 
D) 0 
A) 300 
B) 200 
C) 75 
D) 0

Question 13

The MRP process of determining requirements for lower level items based on the master production schedule is referred to as

Accepted Answer

A) lot sizing. 
B) netting. 
C) backward scheduling. 
D) exploding. 
A) lot sizing. 
B) netting. 
C) backward scheduling. 
D) exploding.

Question 14

Given the following MRP matrix for Item C:
 
If each order cost $500 and the holding cost is $0.75 per item per period,then using the Periodic Order Quantity lot sizing technique,the Projected on Hand at the end of period 7 would be

Accepted Answer

A) 330 
B) 270 
C) 0 
D) 140 
A) 330 
B) 270 
C) 0 
D) 140

Question 15

The MRP process of subtracting on-hand quantities and scheduled receipts from gross requirements to produce net requirements is referred to as

Accepted Answer

A) cycle counting. 
B) lot sizing. 
C) exploding. 
D) netting. 
A) cycle counting. 
B) lot sizing. 
C) exploding. 
D) netting.

Question 16

Given the following MRP matrix for Item D:
 
The planned order release for period 5 would be

Accepted Answer

A) 100 
B) 120 
C) 160 
D) 270 
A) 100 
B) 120 
C) 160 
D) 270

Question 17

Customer relationship management systems change the focus from managing products to managing customers.

Accepted Answer

A) True 
 B)False

Question 18

A _______________ of material is used to plan the production of products with many optional features.

Accepted Answer

A) K-bill 
B) modular bill 
C) phantom bill 
D) time-phased bill 
A) K-bill 
B) modular bill 
C) phantom bill 
D) time-phased bill

Question 19

Which of the following would not be used for an overloaded condition?

Accepted Answer

A) pulling work ahead 
B) rerouting jobs to alternative work centers 
C) pushing work back 
D) splitting lots between two or more machines 
A) pulling work ahead 
B) rerouting jobs to alternative work centers 
C) pushing work back 
D) splitting lots between two or more machines

Question 20

Given the following Product Structure Record
 
The number of G's required to assemble 10 A's would be

Accepted Answer

A) 9 
B) 10 
C) 90 
D) 180 
A) 9 
B) 10 
C) 90 
D) 180

Exam 15: Resource Planning

Information concerning on-hand quantities,lot sizes and,lead time,figures can be found in the master production schedule (MPS).

The item master file contains all the following except

Material requirements planning (MRP)is a useful for all of the following except

Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period,then using the Periodic Order Quantity lot sizing technique,the Planned Order Release for period 1 would be

A load profile displays underloads and overloads.

How does MRP differ from traditional inventory control systems?

Given the following Product Structure Record The number of I's required for each A would be

Material requirements planning (MRP)is more useful for simple products and less useful for complex products.

A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period. If EOQ lot sizing is used to set the minimum order quantity,then the projected on hand quantity at the end of period 3 would be

A forecast of dependent demand requirements is one of the major inputs into the MRP process.

Very simple products typically do not require material requirements planning (MRP)to plan production or monitor inventory levels.

Given the following MRP matrix for Item E: The planned order releases for period 1 would be

The MRP process of determining requirements for lower level items based on the master production schedule is referred to as

Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period,then using the Periodic Order Quantity lot sizing technique,the Projected on Hand at the end of period 7 would be

The MRP process of subtracting on-hand quantities and scheduled receipts from gross requirements to produce net requirements is referred to as

Given the following MRP matrix for Item D: The planned order release for period 5 would be

Customer relationship management systems change the focus from managing products to managing customers.

A _______________ of material is used to plan the production of products with many optional features.

Which of the following would not be used for an overloaded condition?

Given the following Product Structure Record The number of G's required to assemble 10 A's would be

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