Exam 11: Resource Planning

A materials requirements planning (MRP)explosion occurs when the system is bombarded with too many orders to schedule at one time.

________ ties the basic MRP system to the company's financial system.

Table 11.2 Mutts Amazing Dogs has developed the following demand forecast for The Pitbull,a spicy concoction graced by pepperjack cheese,serrano,habanero,poblano and jalapeno peppers,onion,and a cilantro-lime aioli.They enter the planning period with 20 hotdogs in inventory as shown in Week 0.A few customers have standing orders for hotdogs and they have booked catering events over the next two months.They buy their hotdogs in packages of ten just like you and me. -Use Table 11.2 to answer this question.What should the MPS quantity be for week 5?

Scenario 11.2 Inventory amounts indicated in the table are available to produce the end item indicated in this bill of materials. -Use Scenario 11.2 to answer this question.How many additional units of D are needed to produce seven end items?

Complete the following MPS Record.

An example of a dependent demand item for services is a(n):

Can MRP be adapted for use in services and,if so,how would it work?

Which of the following statements about MRP is TRUE?

Planned receipts are estimates of the amount of inventory available each week after gross requirements have been satisfied.

Management wishes to use an FOQ lot-sizing rule for an item based on the economic order quantity.If the annual demand is 1,200 units,the holding cost is $10 per unit per year,and the setup cost is $50 per lot,which one of the following fixed-order quantities is most appropriate?

Which of the following is NOT an example of dependent demand items?

A(n )________ item has one or more parents but no components.

Table 11.1 Big Truck Tacos has developed the following forecast of demand and accepted orders for their holiday tacos as they enter the Taco Festival Season.They enter the planning period with 65 holiday tacos in inventory as shown in Week 0. -Use Table 11.1 to answer this question.In week 1 the inventory manager discovers,much to his horror,that instead of 65 tacos in inventory,they have only 6.5 tacos.They had already planned to make exactly what they needed,based on the erroneous inventory number of 65 and they can't alter their week 1 schedule.How many tacos do they need to have on their MPS for the second week of production to correct their shortfall and move forward through the rest of the production period?

The service analogy to the bill of materials in a manufacturing company is the bill of:

Complete the following MRP record using the L4L rule:

Complete the following MRP record using the FOQ rule:

Scenario 11.2 Inventory amounts indicated in the table are available to produce the end item indicated in this bill of materials. -Use Scenario 11.2 to answer this question.How many additional units of E are needed to produce ten end items?

________ is a lot-sizing rule under which the lot size ordered covers the gross requirements of a single week.

A(n)________ is an intermediate item that is assembled from one or more components.

The companies SAP AG and Microsoft have the largest installed base of customers for ERP packages.