Exam 11: Resource Planning

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One thing that an MRP II system has that an MRP system does not is ________.

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Complete the following MRP record using the FOQ rule: Complete the following MRP record using the FOQ rule:

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In MRP,a(n)________ is any item manufactured from one or more components.

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An ERP system revolves around a single comprehensive database that is made available across the entire organization.

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Which of the following statements about ERP systems is BEST?

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MRP ________ is a process that converts the requirements of various final products into a material requirements plan that specifies the replenishment schedule of all the subassemblies,components,and raw materials needed by the final products.

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A companywide process that cuts across functional areas,business units,geographic regions,and product lines is a(n)________.

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Management wishes to use a POQ lot-sizing rule for an item that experiences an average demand of 30 units per week.If the desired average lot size is 120 units,what should P be?

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Which one of the following is an input to the MRP system?

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________ is an estimate of the amount of inventory available each week after gross requirements have been satisfied.

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Which of the following uses of MRP in promoting a healthy environment is NOT used?

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Gross requirements are the total demand derived from all parent production plans.

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Material requirements planning (MRP)is a computerized information system developed specifically to aid in managing dependent demand inventory and scheduling replenishment orders.

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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. 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.Mutt decides to operate on a level MPS plan for weeks 1 through 4.What MPS quantity brings them into week 5 with the same ATP as if they had adopted a more traditional approach? -Use Table 11.2 to answer this question.Mutt decides to operate on a level MPS plan for weeks 1 through 4.What MPS quantity brings them into week 5 with the same ATP as if they had adopted a more traditional approach?

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The master production schedule (MPS)is the part of the material requirements planning that specifies when components must be ordered or assembled.

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The lot-for-lot (L4L)rule minimizes inventory investment but it also maximizes the number of ________.

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Which one of the following is a feature of MRP II,but not available in basic MRP systems?

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Which of the following statements concerning MRP is TRUE?

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Entering new information in the database of an ERP system is a(n):

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Companies that fully customize their ERP implementation reap the greatest rewards from such systems since they can continue to use the same processes to which all employees are accustomed.

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