Exam 23: Operational Decision-Making Tools: Linear Programming

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Which of the following is not a major input into capacity requirements planning (CRP)?

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Given the following Product Structure Record Given the following Product Structure Record   The number of D's required for each A is The number of D's required for each A is

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Given the following MRP matrix for Item E: Given the following MRP matrix for Item E:   The projected on hand quantity at the end of period 3 is The projected on hand quantity at the end of period 3 is

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What is a bill-of-material?

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A matrix is used to organize and display the information generated by the MRP process.

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What steps are necessary to effectively implement Enterprise Resource Planning (ERP)?

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Given the following MRP matrix for Item D: Given the following MRP matrix for Item D:   The planned order release for period 3 is The planned order release for period 3 is

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A phantom bill of material is used

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When is it appropriate to use material requirements planning (MRP)?

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With _________________, on-demand IT services are provided over the Internet.

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Given the following MRP matrix for Item C: Given the following MRP matrix for Item C:   If each order cost $500 and the holding cost is $0.75 per item per period, the periodic order quantity is If each order cost $500 and the holding cost is $0.75 per item per period, the periodic order quantity is

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Given the following MRP matrix for Item C: 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 is 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 is

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The quantities reported on a master production schedule may reflect a combination of actual and forecasted demand.

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An enterprise resource planning (ERP) system shares information across functional areas.

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Lot sizing rules are used in MRP to determine work or purchase order quantities.

(True/False)
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Load leveling is used to resolve underloaded and overloaded capacity conditions.

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Given the following Product Structure Record Given the following Product Structure Record   The number of F's required for each A is The number of F's required for each A is

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Modular bills of material are used to group small, lose parts together into a kit.

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All of the following are inputs into the MRP process except

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Given the following MRP matrix for Item C: 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 is 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 is

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