Question 1

MRP stands for material requirements planning.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is the planned-order release using an MRP program if the gross requirement is 670 and the inventory on hand is 600?

Accepted Answer

A)  670 
B)  600 
C)  530 
D)  70 
E)  None of these 
A)  670 
B)  600 
C)  530 
D)  70 
E)  None of these

Question 3

A BOM file is also called which of the following?

Accepted Answer

A)  Product tree 
B)  Stocking plan 
C)  Inventory usage record 
D)  Production parts plan 
E)  Time bucket schedule 
A)  Product tree 
B)  Stocking plan 
C)  Inventory usage record 
D)  Production parts plan 
E)  Time bucket schedule

Question 4

In a net change MRP system, requirements and schedules are considered rigid and never updated.

Accepted Answer

A) True 
 B)False

Question 5

MRP is a logical, easily understandable approach to the problem of determining the number of parts, components, and materials needed to produce each end item.

Accepted Answer

A) True 
 B)False

Question 6

The least unit cost method (LUC) lot-sizing technique calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal.

Accepted Answer

A) True 
 B)False

MRP stands for material requirements planning.

Which of the following is the planned-order release using an MRP program if the gross requirement is 670 and the inventory on hand is 600?

A BOM file is also called which of the following?

In a net change MRP system, requirements and schedules are considered rigid and never updated.

MRP is a logical, easily understandable approach to the problem of determining the number of parts, components, and materials needed to produce each end item.

The least unit cost method (LUC) lot-sizing technique calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

Projects

Manufacturing Processes

Service Processes

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Quality Management and Six Sigma

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Exam 9: Material Requirements Planning

MRP stands for material requirements planning.

Which of the following is the planned-order release using an MRP program if the gross requirement is 670 and the inventory on hand is 600?

A BOM file is also called which of the following?

In a net change MRP system, requirements and schedules are considered rigid and never updated.

MRP is a logical, easily understandable approach to the problem of determining the number of parts, components, and materials needed to produce each end item.

The least unit cost method (LUC) lot-sizing technique calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

Projects

Manufacturing Processes

Service Processes

Sales and Operations Planning

Quality Management and Six Sigma

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics, and Distribution

Filters