Question 1

Low level coding in MRP indicates the exact status of each item managed by the system in "real time."

Accepted Answer

A) True 
 B)False  False

Question 2

Materials Requirements Planning (MRP) evolved from Enterprise Resource Planning (ERP).

Accepted Answer

A) True 
 B)False  False

Question 3

MRP stands for Material Requirements Planning.

Accepted Answer

A) True 
 B)False  True

Question 4

Lot-for-lot (L4L) is the most common lot sizing technique.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following files allows us to retrace a material requirement upward in the product structure through each level, identifying each parent item that created the demand?

Accepted Answer

A) Planning bill of materials file 
B) Modular bill of materials file 
C) Super bill of materials file 
D) Exception report file 
E) Peg record file 
A) Planning bill of materials file 
B) Modular bill of materials file 
C) Super bill of materials file 
D) Exception report file 
E) Peg record file

Question 6

An output of MRP is a bill of materials (BOM) file.

Accepted Answer

A) True 
 B)False

Question 7

MRP is most valuable in industries where a number of products are made in batches using the same productive equipment.

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

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

Question 10

Which of the following is one of the main purposes of a MRP system?

Accepted Answer

A) Educate personnel in basic work rules. 
B) To determine the amount of materials needed to produce each end item. 
C) Stimulate the work force. 
D) Decrease labor requirements. 
E) Increase inventory accuracy. 
A) Educate personnel in basic work rules. 
B) To determine the amount of materials needed to produce each end item. 
C) Stimulate the work force. 
D) Decrease labor requirements. 
E) Increase inventory accuracy.

Question 11

Time fences are periods of time having some specified level of opportunity for the customer to make changes.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following industry types will not benefit greatly from the application of MRP?

Accepted Answer

A) Fabricate-to-order 
B) Assemble-to-stock 
C) Assemble-to-order 
D) Manufacture-to-order 
E) None of the above 
A) Fabricate-to-order 
B) Assemble-to-stock 
C) Assemble-to-order 
D) Manufacture-to-order 
E) None of the above

Question 13

A master production schedule is an input to a material requirements planning (MRP) system.

Accepted Answer

A) True 
 B)False

Question 14

In an MRP program, the program accesses the status segment of an inventory record according to specific periods called which of the following?

Accepted Answer

A) Cubed time units 
B) Time buckets 
C) BOM units 
D) Time modules 
E) Time lines 
A) Cubed time units 
B) Time buckets 
C) BOM units 
D) Time modules 
E) Time lines

Question 15

Which of the following is an input to the master production schedule (MPS)?

Accepted Answer

A) Inventory records file 
B) The aggregate plan 
C) The bill of materials 
D) The exception report 
E) Planned order schedules 
A) Inventory records file 
B) The aggregate plan 
C) The bill of materials 
D) The exception report 
E) Planned order schedules

Question 16

The economic order quantity (EOQ) lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

Accepted Answer

A) True 
 B)False

Question 17

The least total cost method (LTC) 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

Question 18

An input to the material requirements planning (MRP) system is an exception report.

Accepted Answer

A) True 
 B)False

Question 19

Computing the quantity of each component that goes into a finished product can be done by expanding (or exploding) each item in a product structure file and summing at all levels.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following industry types has high expected benefits from the application of MRP?

Accepted Answer

A) Fabricate-to-order 
B) Hospitals 
C) Assemble-to-order 
D) Aircraft manufacturers 
E) Oil refineries 
A) Fabricate-to-order 
B) Hospitals 
C) Assemble-to-order 
D) Aircraft manufacturers 
E) Oil refineries

Low level coding in MRP indicates the exact status of each item managed by the system in "real time."

Materials Requirements Planning (MRP) evolved from Enterprise Resource Planning (ERP).

MRP stands for Material Requirements Planning.

Lot-for-lot (L4L) is the most common lot sizing technique.

Which of the following files allows us to retrace a material requirement upward in the product structure through each level, identifying each parent item that created the demand?

An output of MRP is a bill of materials (BOM) file.

MRP is most valuable in industries where a number of products are made in batches using the same productive equipment.

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

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.

Which of the following is one of the main purposes of a MRP system?

Time fences are periods of time having some specified level of opportunity for the customer to make changes.

Which of the following industry types will not benefit greatly from the application of MRP?

A master production schedule is an input to a material requirements planning (MRP) system.

In an MRP program, the program accesses the status segment of an inventory record according to specific periods called which of the following?

Which of the following is an input to the master production schedule (MPS)?

The economic order quantity (EOQ) lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

The least total cost method (LTC) 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.

An input to the material requirements planning (MRP) system is an exception report.

Computing the quantity of each component that goes into a finished product can be done by expanding (or exploding) each item in a product structure file and summing at all levels.

Which of the following industry types has high expected benefits from the application of MRP?

Operations and Supply Chain Management

Strategy and Sustainability

Product and Service Design

Strategic Capacity Management

Process Analysis

Production Processes

Service Processes

Health Care Processes

Six-Sigma Quality

Projects

Global Sourcing and Procurement

Location, Logistics and Distribution

Lean and Sustainable Supply Chains

Enterprise Resource Planning Systems

Demand Management and Forecasting

Sales and Operations Planning

Inventory Control

Scheduling

Constraint Management

Filters

Exam 18: Material Requirements Planning

Low level coding in MRP indicates the exact status of each item managed by the system in "real time."

Materials Requirements Planning (MRP) evolved from Enterprise Resource Planning (ERP).

MRP stands for Material Requirements Planning.

Lot-for-lot (L4L) is the most common lot sizing technique.

Which of the following files allows us to retrace a material requirement upward in the product structure through each level, identifying each parent item that created the demand?

An output of MRP is a bill of materials (BOM) file.

MRP is most valuable in industries where a number of products are made in batches using the same productive equipment.

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

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.

Which of the following is one of the main purposes of a MRP system?

Time fences are periods of time having some specified level of opportunity for the customer to make changes.

Which of the following industry types will not benefit greatly from the application of MRP?

A master production schedule is an input to a material requirements planning (MRP) system.

In an MRP program, the program accesses the status segment of an inventory record according to specific periods called which of the following?

Which of the following is an input to the master production schedule (MPS)?

The economic order quantity (EOQ) lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

The least total cost method (LTC) 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.

An input to the material requirements planning (MRP) system is an exception report.

Computing the quantity of each component that goes into a finished product can be done by expanding (or exploding) each item in a product structure file and summing at all levels.

Which of the following industry types has high expected benefits from the application of MRP?

Operations and Supply Chain Management

Strategy and Sustainability

Product and Service Design

Strategic Capacity Management

Process Analysis

Production Processes

Service Processes

Health Care Processes

Six-Sigma Quality

Projects

Global Sourcing and Procurement

Location, Logistics and Distribution

Lean and Sustainable Supply Chains

Enterprise Resource Planning Systems

Demand Management and Forecasting

Sales and Operations Planning

Inventory Control

Scheduling

Constraint Management

Filters