Exam 11: Resource Planning

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.After scoring a terrific deal on tortillas,Big Truck Tacos decides to produce 120 tacos in weeks 1,2,and 3.What is their projected on-hand inventory for week 4?

Complete the following MRP record using the POQ rule.

The periodic order quantity (POQ)rule tends to keep more inventory on hand than the lot-for-lot rule,but less inventory on hand than the fixed order quantity rule.

The projected on-hand inventory in the MPS takes into account customer orders (booked)as well as the MPS quantities.

For items manufactured in-house,one component of the planned lead time is waiting time.

What information can be gleaned from a bill of materials? If you were asked to produce an item based solely on a copy of its BOM,what missing information would you need?

MRP II ties MRP to the company's financial system.

A technique used for projecting time-phased capacity requirements for workstations is called:

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

The ________ is a record of all components of an item,the parent-component relationships,and usage quantities derived from engineering and process design.

Available-to-promise (ATP)quantities are only shown in the first period (if the projected on-hand inventory is greater than zero in the first period),and subsequently in periods when the MPS quantity is greater than 0.

An intermediate item must have at least one parent and at least one component.

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 F are needed to produce twelve end items?

________ are the total demand derived from all parent production plans.

Use the bill of materials and inventory records to determine the quantity of purchased items necessary to assemble 20 end items if the manufacturer uses lot-for-lot ordering.There are no end items currently on hand,and none of the components have any scheduled receipts.

Scenario 11.1 Sunshine Manufacturing produces three products: X,Y,Z.The production of these end items is controlled by an MRP system.Each end item X is assembled with two components of A and one component of B.Each end item of Y is assembled with two components of C and one component of A.End item Z is assembled from one unit of D and one unit of C;D is manufactured from one unit of A;and C is manufactured from one unit of B. -Use the information in Scenario 11.1.Which of the following sequences is an acceptable way to process the inventory records for components A,B,C,and D?

Part commonality tends to increase inventory costs.

A(n)________ is inventory carried into a week but too small to prevent a shortage.

A component is an item that may go through one or more operations to be transformed into or become part of one or more parents.

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