Question 1

When implemented correctly, MRP links all areas of the business.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is considered a primary report in an MRP system?

Accepted Answer

A)  Planning reports 
B)  Performance reports 
C)  Exception reports 
D)  Planned-order schedules 
E)  Cycle counting reports 
A)  Planning reports 
B)  Performance reports 
C)  Exception reports 
D)  Planned-order schedules 
E)  Cycle counting reports

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

If annual demand is 6,125 units, annual holding cost is $5 per unit, and setup cost per order is $50, which of the following is the EOQ lot size?

Accepted Answer

A)  350 
B)  247 
C)  23 
D)  185 
E)  78 
A)  350 
B)  247 
C)  23 
D)  185 
E)  78

Question 5

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 6

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 7

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 8

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

Accepted Answer

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

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

A)  Bill-of-materials (BOM) file 
B)  Quality management report 
C)  Exception reports 
D)  Planned-order schedules 
E)  Purchasing contracts 
A)  Bill-of-materials (BOM) file 
B)  Quality management report 
C)  Exception reports 
D)  Planned-order schedules 
E)  Purchasing contracts

Question 11

In an MRP problem, A is an MPS item. Every A requires 3 B's and 2 C's. Every B requires 5 C's. All lead times are one period. Initial inventory values for all items are 0. Use lot-4-lot method for order quantities for all items. If gross requirement for A is 400 in period 10, what will be the planned-order release for C in period 8?

Accepted Answer

A)  800 
B)  1,600 
C)  6,800 
D)  6,000 
E)  1,200 
A)  800 
B)  1,600 
C)  6,800 
D)  6,000 
E)  1,200

When implemented correctly, MRP links all areas of the business.

Which of the following is considered a primary report in an MRP system?

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

If annual demand is 6,125 units, annual holding cost is $5 per unit, and setup cost per order is $50, which of the following is the EOQ lot size?

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.

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

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

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

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

Introduction

Strategy

Design of Products and Services

Projects

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics, Distribution, and Transportation

Global Sourcing and Procurement

The Internet of Things and Erp

Forecasting

Sales and Operations Planning

Inventory Management

Workcenter Scheduling

Filters

Exam 21: Material Requirements Planning

When implemented correctly, MRP links all areas of the business.

Which of the following is considered a primary report in an MRP system?

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

If annual demand is 6,125 units, annual holding cost is $5 per unit, and setup cost per order is $50, which of the following is the EOQ lot size?

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.

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

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

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

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

Introduction

Strategy

Design of Products and Services

Projects

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics, Distribution, and Transportation

Global Sourcing and Procurement

The Internet of Things and Erp

Forecasting

Sales and Operations Planning

Inventory Management

Workcenter Scheduling

Filters