Question 1

An input to the material requirements planning (MRP) system is an inventory records file.

Accepted Answer

A) True 
 B)False

Question 2

We would expect to see which of the following in an MRP system's inventory status file?

Accepted Answer

A) End items produced 
B) Late/early delivery records 
C) Scrap parts 
D) Labor efficiency 
E) Computer errors 
A) End items produced 
B) Late/early delivery records 
C) Scrap parts 
D) Labor efficiency 
E) Computer errors

Question 3

Net change MRP reflects the exact status of each item managed by the system in "real time."

Accepted Answer

A) True 
 B)False

Question 4

The lot-for-lot (L4L) lot sizing technique minimizes carryin g cost by taking into account setup costs and capacity limitations.

Accepted Answer

A) True 
 B)False

Question 5

The three main inputs to an MRP system are the bill of materials, the master schedule and the inventory records file.

Accepted Answer

A) True 
 B)False

Question 6

The deeper one looks into the product creation sequence, the more the requirements of dependent demand items tend to smooth out and become even over time.

Accepted Answer

A) True 
 B)False

Question 7

MRP is based on dependent demand.

Accepted Answer

A) True 
 B)False

Question 8

One of the main purposes of a MRP system is which of the following?

Accepted Answer

A) Track inventory levels. 
B) Create productive capacity. 
C) Decrease layers of management. 
D) Develop schedules specifying when each component should be ordered or produced. 
E) Upgrade manufacturing's professionalism. 
A) Track inventory levels. 
B) Create productive capacity. 
C) Decrease layers of management. 
D) Develop schedules specifying when each component should be ordered or produced. 
E) Upgrade manufacturing's professionalism.

Question 9

The economic order quantity (EOQ) lot sizing technique uses the "square root formula" to balance set-up cost, carrying cost and cost of stock-outs.

Accepted Answer

A) True 
 B)False

Question 10

The time-phased plan specifying how many and when the firm plans to build each end item is called the master production schedule (MPS).

Accepted Answer

A) True 
 B)False

Question 11

The MRP program performs its analysis from the bottom up of the product structure trees, imploding requirements level by level.

Accepted Answer

A) True 
 B)False

Question 12

In a net change MRP program, a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

Accepted Answer

A) True 
 B)False

Question 13

MRP stands for Manufacturing Requirements Planning.

Accepted Answer

A) True 
 B)False

Question 14

MRP provides the schedule specifying when each part and component of an end item should be ordered or produced.

Accepted Answer

A) True 
 B)False

Question 15

Manufacturing firms maintain bill of materials (BOM) files, which are simply a sequencing of everything that goes into a final product.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is an input file necessary to run an MRP system?

Accepted Answer

A) Exception report 
B) Computer-aided-design files 
C) Inventory records file 
D) Personnel files 
E) Planned order schedule 
A) Exception report 
B) Computer-aided-design files 
C) Inventory records file 
D) Personnel files 
E) Planned order schedule

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

Net change MRP systems are "activity" driven.

Accepted Answer

A) True 
 B)False

Question 19

The deeper one looks into the product creation sequence, the more the requirements of dependent demand items tend to become more "lumpy."

Accepted Answer

A) True 
 B)False

Question 20

Generally, determining lot sizes in MRP systems is simple.

Accepted Answer

A) True 
 B)False

An input to the material requirements planning (MRP) system is an inventory records file.

We would expect to see which of the following in an MRP system's inventory status file?

Net change MRP reflects the exact status of each item managed by the system in "real time."

The lot-for-lot (L4L) lot sizing technique minimizes carryin g cost by taking into account setup costs and capacity limitations.

The three main inputs to an MRP system are the bill of materials, the master schedule and the inventory records file.

The deeper one looks into the product creation sequence, the more the requirements of dependent demand items tend to smooth out and become even over time.

MRP is based on dependent demand.

One of the main purposes of a MRP system is which of the following?

The economic order quantity (EOQ) lot sizing technique uses the "square root formula" to balance set-up cost, carrying cost and cost of stock-outs.

The time-phased plan specifying how many and when the firm plans to build each end item is called the master production schedule (MPS).

The MRP program performs its analysis from the bottom up of the product structure trees, imploding requirements level by level.

In a net change MRP program, a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

MRP stands for Manufacturing Requirements Planning.

MRP provides the schedule specifying when each part and component of an end item should be ordered or produced.

Manufacturing firms maintain bill of materials (BOM) files, which are simply a sequencing of everything that goes into a final product.

Which of the following is an input file necessary to run an MRP system?

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

Net change MRP systems are "activity" driven.

The deeper one looks into the product creation sequence, the more the requirements of dependent demand items tend to become more "lumpy."

Generally, determining lot sizes in MRP systems is simple.

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Exam 18: Material Requirements Planning

An input to the material requirements planning (MRP) system is an inventory records file.

We would expect to see which of the following in an MRP system's inventory status file?

Net change MRP reflects the exact status of each item managed by the system in "real time."

The lot-for-lot (L4L) lot sizing technique minimizes carryin g cost by taking into account setup costs and capacity limitations.

The three main inputs to an MRP system are the bill of materials, the master schedule and the inventory records file.

The deeper one looks into the product creation sequence, the more the requirements of dependent demand items tend to smooth out and become even over time.

MRP is based on dependent demand.

One of the main purposes of a MRP system is which of the following?

The economic order quantity (EOQ) lot sizing technique uses the "square root formula" to balance set-up cost, carrying cost and cost of stock-outs.

The time-phased plan specifying how many and when the firm plans to build each end item is called the master production schedule (MPS).

The MRP program performs its analysis from the bottom up of the product structure trees, imploding requirements level by level.

In a net change MRP program, a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

MRP stands for Manufacturing Requirements Planning.

MRP provides the schedule specifying when each part and component of an end item should be ordered or produced.

Manufacturing firms maintain bill of materials (BOM) files, which are simply a sequencing of everything that goes into a final product.

Which of the following is an input file necessary to run an MRP system?

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

Net change MRP systems are "activity" driven.

The deeper one looks into the product creation sequence, the more the requirements of dependent demand items tend to become more "lumpy."

Generally, determining lot sizes in MRP systems is simple.

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