Exam 12: Resource Planning

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MRP explosion means estimating the total number of

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

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A resource planning process takes sales and operations plans; processes information in the way of time standards,routings,and other information on how the firm produces its services or products; and then plans the input requirements.

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Which of the following statements regarding the output from MRP systems is FALSE?

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The master production schedule is a forecast of demand for families of products.

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Safety stock is never used with material requirements planning systems.

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Use the following MRP record to answer the question. Use the following MRP record to answer the question.   What are the quantities of planned order releases for item DEF for the first five weeks (weeks 1,2,3,4,and 5)? What are the quantities of planned order releases for item DEF for the first five weeks (weeks 1,2,3,4,and 5)?

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Lot-for-lot (L4L)is a rule that maintains the same order quantity each time an order is issued.

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Table 13.7 Table 13.7    -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? -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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Table 13.4 Consider the MPS, BOM and inventory data shown below. Master Production Schedule: the following table shows the MPS start quantities. Week Week 1 2 3 4 5 6 MPS 80 80 Bill of Material -Item A uses 1 each of component D, 2 each of component C and 2 each of subassembly B. -Subassembly B uses 1 each of component D. Selected Inventory Data Item Data Category B Lot-sizing rule LAL OQ=180 (=2) Lead time (wks) 1 1 2 Beginning (on-hand) 30 160 50 inventory 190 (wk 2) 180( wk 11) 80( wk 1) Scheduled receipts -Use the information in Table 13.4.Which one of the following statements concerning item B is TRUE?

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The ability of one piece of software to interact with others is called interoperability.

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In a dependent demand environment,explained why MRP does a better job of estimating the need to replenish inventory items than does a fixed order quantity system.

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Dependent demand occurs because the quantity required is a function of the demand for other items held in inventory.

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

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