Exam 13: Material Requirements Planning Mrp and Erp

Each R requires 3 of component S and 3 of material A; each S requires 3 of part T. The lead time for assembly of R is 1 week. The lead time for the manufacture of S is 2 weeks. The lead time for material A is 1 week. The lead time for the procurement of T is 4 weeks. Construct the time-phased product structure.

(Essay)

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Question 21

Clancy's Motors has the following demand to meet for custom manufactured fuel injector parts. The holding cost for that item is $2 per month and each setup costs $80. Lead time is 0 months. Calculate the planned order releases using: (a) the EOQ technique, and (b) the POQ technique. What are the costs of each plan, including the holding cost of any inventory left over after month 7?

(Essay)

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Question 22

Enterprise resource planning (ERP):

(Multiple Choice)

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Question 23

Firms making many different final products use ________ to facilitate production scheduling.

(Multiple Choice)

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Question 24

Time fences divide the segment of the master schedule that can be revised from the section that is "not to be rescheduled."

(True/False)

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Question 25

A(n) ________ is a bill of material for components, usually subassemblies, that exist only temporarily; they are never inventoried.

(Short Answer)

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Question 26

If the explosion of the bill of material tells MRP how much of each part is needed, how does MRP learn when each of these parts is needed?

(Essay)

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Question 27

When safety stock is deemed absolutely necessary, the usual policy is to build it into (increase) the inventory requirements within the MRP logic.

(True/False)

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Question 28

Reduced inventory levels and faster response to changes in demand are both benefits of MRP.

(True/False)

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Question 29

Low-level coding means that:

(Multiple Choice)

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Question 30

A(n) ________ is a list of quantities of components, ingredients, and materials required to make a product.

(Short Answer)

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Question 31

An order for 50 units of Product A and 60 of B has been placed. There are currently 25 units of Product B on hand. Each A requires 2 units of Part C; each B requires 5 units of C. There are 160 units of C available. What are the net requirements for C?

(Multiple Choice)

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Question 32

Which MRP lot-sizing technique should be considered to be the goal (i.e., the technique of choice under ideal conditions)?

(Multiple Choice)

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Question 33

Because MRP provides such a clean structure for dependent demand, it has evolved as the basis for ________.

(Short Answer)

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Question 34

The supply-chain systems that result from using ERP in the hospitality industry are called efficient consumer response (ECR) systems.

(True/False)

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Question 35

Which of the following is NOT a key benefit of MRP?

(Multiple Choice)

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Question 36

By convention, the top level in a product structure is designated level 0.

(True/False)

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Question 37

In MRP, system nervousness is caused by:

(Multiple Choice)

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Question 38

Consider the following product structure. Forty units of Product A are needed. How many units of B, C, D, E, F, and G are needed?

(Essay)

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Question 39

Consider the following product structure. Fifteen units of Product A are needed. How many units of B, C, D, and E are needed?

(Essay)

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Question 40

Showing 21 - 40 of 133

Exam 13: Material Requirements Planning Mrp and Erp

Enterprise resource planning (ERP):

Firms making many different final products use ________ to facilitate production scheduling.

Time fences divide the segment of the master schedule that can be revised from the section that is "not to be rescheduled."

A(n) ________ is a bill of material for components, usually subassemblies, that exist only temporarily; they are never inventoried.

If the explosion of the bill of material tells MRP how much of each part is needed, how does MRP learn when each of these parts is needed?

When safety stock is deemed absolutely necessary, the usual policy is to build it into (increase) the inventory requirements within the MRP logic.

Reduced inventory levels and faster response to changes in demand are both benefits of MRP.

Low-level coding means that:

A(n) ________ is a list of quantities of components, ingredients, and materials required to make a product.

An order for 50 units of Product A and 60 of B has been placed. There are currently 25 units of Product B on hand. Each A requires 2 units of Part C; each B requires 5 units of C. There are 160 units of C available. What are the net requirements for C?

Which MRP lot-sizing technique should be considered to be the goal (i.e., the technique of choice under ideal conditions)?

Because MRP provides such a clean structure for dependent demand, it has evolved as the basis for ________.

The supply-chain systems that result from using ERP in the hospitality industry are called efficient consumer response (ECR) systems.

Which of the following is NOT a key benefit of MRP?

By convention, the top level in a product structure is designated level 0.

In MRP, system nervousness is caused by:

Consider the following product structure. Forty units of Product A are needed. How many units of B, C, D, E, F, and G are needed?

Consider the following product structure. Fifteen units of Product A are needed. How many units of B, C, D, and E are needed?

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