Exam 6: Resource Planning Systems

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Which of the following could be considered a master production schedule for a service firm?

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In a bill of materials,items at which level are independent demand items?

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MRP is the production planning system intended to develop long-range plans (more than a year away)concerning product families manufactured by the organization.

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What does that mean if your organization has chosen to adopt a best-of-breed solution?

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To check the feasibility of the Master Production Schedule,one would look to:

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System nervousness is when even small changes to upper-level production plans cause major changes in lower-level production plans.

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Which of the following is an engineering document that shows an inclusive listing of all the component parts and assemblies making up the final product?

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Complete the Projected on hand inventory Row Complete the Projected on hand inventory Row

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When a single company that is implementing an ERP system chooses to use one company to provide an operations module,another to provide the sales and marketing application,and yet another company to provide the finance and accounting module,that single company has chosen to utilize the best-of-breed solution.

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While ERP is a relatively new technology,it has grown rapidly since the early 1990s.Which of the following is the reason that has contributed to its rapid growth?

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An MRP system has a subassembly with a lot size of 100 units.In terms of filling future requirements,this would mean that planned order releases for the subassembly would always have to be exactly 100 units.

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Which of the following seeks to develop short range plans seeking to effectively and efficiently manage components and/or subassemblies over time period of few days to a few weeks?

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Which of the following basic production strategies used for addressing the aggregate planning problem would work best with make-to-order manufacturing firms?

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Which of the following consists of different products that share similar characteristics,components or manufacturing processes?

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Key requirements to a successful ERP implementation include adequate computer support,accurate system inputs,and flexible business processes that can conform to the approaches used in the ERP software logic.

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A Mixed Production Strategy uses a blend of chase and level strategies by striving to maintain a stable core workforce while using other means like temporary workers to manage short-term high demand.

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Which of the following is considered an advantage/benefit of utilizing an ERP system?

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Which number should be placed in the spot presently filled with the X? Which number should be placed in the spot presently filled with the X?

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Which number should be placed in the spot presently filled with the X? Which number should be placed in the spot presently filled with the X?

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The acronym ERP is short for:

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