Exam 14: Material Requirements Planning Mrpand ERP

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________ is a lot-sizing technique that generates exactly what is required to meet the plan.

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Lot-for-lot

It is week 1 and there are currently 20 As in stock.The MPS calls for 300 As at the start of week 5.If there are scheduled receipts planned for week 3 and week 4 of 120 As each and A has a lead time of 1 week when and how large of an order should be placed to meet the requirement of 300 As?

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D

Planning bills of material are bills of material for "kits" of inexpensive items such as washers,nuts,and bolts.

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True

________ refers to the time units in a material requirements planning (MRP)system.

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________ is a dependent demand technique that uses a bill of material,inventory,expected receipts,and a master production schedule to determine material requirements.

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Consider the bill of material for Product J and the data given in the following table.The gross requirements for J are 200 units in week 6 and 250 units in week 8.Develop the MRP tables for each item for an 8-week planning period.Use the lot-for-lot lot-sizing rule. Consider the bill of material for Product J and the data given in the following table.The gross requirements for J are 200 units in week 6 and 250 units in week 8.Develop the MRP tables for each item for an 8-week planning period.Use the lot-for-lot lot-sizing rule.    Consider the bill of material for Product J and the data given in the following table.The gross requirements for J are 200 units in week 6 and 250 units in week 8.Develop the MRP tables for each item for an 8-week planning period.Use the lot-for-lot lot-sizing rule.

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Capacity planning in closed-loop MRP

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The MPS calls for 110 units of Product A.There are currently 60 of Product A on hand.Each A requires 4 of Part B.There are 20 units of B available.The net requirements for B are

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What are time fences? Why are they used?

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The lot-for-lot lot-sizing technique is particularly appropriate when demand is not very smooth and set up cost is small compared to holding cost.

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MRP II is accurately described as

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Linking a part requirement with the parent component that caused the requirement is referred to as

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Each R requires 2 of component S and 1 of part T.The lead time for assembly of R is 3 days.The lead time for the manufacture of S is 5 days.The lead time for the manufacture of T is 10 days.The cumulative lead time for R is ________ days.

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Product A is made from 2 Bs and 1 C.Lead times for A,B,and C are 2,3,and 2 weeks respectively.Currently there are 2 Bs and a 5 Cs on hand,with 5 of each scheduled to arrive at the end of week 1.If 20 As are needed during week 4,can the order be completed (it is the start of week 0 currently)?

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Reduced inventory levels and faster response to market changes are both benefits of MRP.

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What lot-sizing technique is generally preferred when inventory holding costs are extremely high?

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The quantity required of a dependent demand item is computed from the demand for the final products in which the item is used.

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Dependent demand and independent demand items differ in that

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A very simple product (A)consists of a base (B)and a casting (C).The base consists of a plate (P)and three fasteners (F).There are currently 30 castings and 100 bases on hand.Final assembly takes one week.The casting has a lead time of three weeks.All other parts have one week lead times.There are no scheduled receipts.All components are lot-for-lot.The MPS requires 80 units of product A in week 5 and 120 in week 8.Produce the MRP for the upcoming eight weeks.Produce a list of all planned order releases.

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A grill assembly takes 20 washers.Instead of listing these washers separately they are grouped into a single kit for production.The bill of material for the washers is classified as

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