Exam 13: Material Requirements Planning Mrp and Erp

An order for 110 units of Product M has been placed. There are currently 30 units of Product M on hand. Each M requires 4 units of Component N. There are 50 units of N on hand. What are the net requirements for N?

(Multiple Choice)

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Question 81

Consider the following product structure. If the demand for product A is 50 units, how many units of component G will be needed?

(Multiple Choice)

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Question 82

Consider the following requirements for an office chair product. The company has a setup cost of $90, a holding cost per week of $5, beginning inventory of 300, and lead time of 2 weeks. What is the total inventory holding cost of using a lot-for-lot policy for this six-week inventory period?

(Multiple Choice)

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Question 83

What information is necessary for an operations manager to make effective use of a dependent inventory demand model?

(Essay)

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Question 84

What is the process of tracing upward in the bill of material from the component to the parent item in order to determine the cause for the component requirement?

(Multiple Choice)

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Question 85

________ is a dependent demand technique that uses a bill of material, inventory, expected receipts, and a master production schedule to determine material requirements.

(Short Answer)

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Question 86

________ are the time units in a material requirements planning (MRP) system.

(Short Answer)

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Question 87

Wheeled Coach obtains competitive advantage through MRP in part because of its excellent record integrity and insistence on record accuracy.

(True/False)

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Question 88

Dependent demand and independent demand items differ in that:

(Multiple Choice)

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Question 89

In general, the lot-for-lot approach should be used whenever economical.

(True/False)

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Question 90

Construct a product structure tree for a movie purchased in DVD format. Assume that it contains a single DVD disk. Don't be concerned with artwork-you may use labeled boxes for your parts and assemblies.

(Essay)

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Question 91

A(n) ________ provides feedback to the capacity plan, master production schedule, and production plan so planning can be kept valid at all times.

(Short Answer)

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Question 92

A(n) ________ system is packaged business software that automates and integrates the majority of business processes, shares common data and practices across the entire enterprise, and produces information in a real-time environment.

(Short Answer)

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Question 93

MRP II is accurately described as:

(Multiple Choice)

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Question 94

A paint company mixes ten different base colors into 3,000 different color options. If production scheduling is organized around the ten different base colors, then the bills of material are classified as which of the following?

(Multiple Choice)

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Question 95

Which of the following is TRUE regarding the POQ lot-sizing method?

(Multiple Choice)

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Question 96

Which of the following statements regarding MRP in services is TRUE?

(Multiple Choice)

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Question 97

For the lot-sizing technique known as lot-for-lot to be appropriate:

(Multiple Choice)

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Question 98

An order for 100 units of Product A has been placed. There are currently 60 units of Product A on hand. Each A requires 4 units of Part B. There are 20 units of B available. What are the net requirements for B?

(Multiple Choice)

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Question 99

Distortion in MRP systems can be minimized when safety stock is held at the:

(Multiple Choice)

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Question 100

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Exam 13: Material Requirements Planning Mrp and Erp

An order for 110 units of Product M has been placed. There are currently 30 units of Product M on hand. Each M requires 4 units of Component N. There are 50 units of N on hand. What are the net requirements for N?

Consider the following product structure. If the demand for product A is 50 units, how many units of component G will be needed?

Consider the following requirements for an office chair product. The company has a setup cost of $90, a holding cost per week of $5, beginning inventory of 300, and lead time of 2 weeks. What is the total inventory holding cost of using a lot-for-lot policy for this six-week inventory period?

What information is necessary for an operations manager to make effective use of a dependent inventory demand model?

What is the process of tracing upward in the bill of material from the component to the parent item in order to determine the cause for the component requirement?

________ is a dependent demand technique that uses a bill of material, inventory, expected receipts, and a master production schedule to determine material requirements.

________ are the time units in a material requirements planning (MRP) system.

Wheeled Coach obtains competitive advantage through MRP in part because of its excellent record integrity and insistence on record accuracy.

Dependent demand and independent demand items differ in that:

In general, the lot-for-lot approach should be used whenever economical.

Construct a product structure tree for a movie purchased in DVD format. Assume that it contains a single DVD disk. Don't be concerned with artwork-you may use labeled boxes for your parts and assemblies.

A(n) ________ provides feedback to the capacity plan, master production schedule, and production plan so planning can be kept valid at all times.

A(n) ________ system is packaged business software that automates and integrates the majority of business processes, shares common data and practices across the entire enterprise, and produces information in a real-time environment.

MRP II is accurately described as:

A paint company mixes ten different base colors into 3,000 different color options. If production scheduling is organized around the ten different base colors, then the bills of material are classified as which of the following?

Which of the following is TRUE regarding the POQ lot-sizing method?

Which of the following statements regarding MRP in services is TRUE?

For the lot-sizing technique known as lot-for-lot to be appropriate:

An order for 100 units of Product A has been placed. There are currently 60 units of Product A on hand. Each A requires 4 units of Part B. There are 20 units of B available. What are the net requirements for B?

Distortion in MRP systems can be minimized when safety stock is held at the:

Operations and Productivity

Operations Strategy in a Global Environment

Project Management

Forecasting

Design of Goods and Services

Managing Quality

Process Strategies

Location Strategies

Human Resources, Job Design, and Work Measurement

Supply Chain Management

Inventory Management

Aggregate Planning and Sop

Short-Term Scheduling

Lean Operations

Maintenance and Reliability

Decision-Making Tools

Linear Programming

Transportation Models

Waiting-Line Models

Learning Curves

Simulation

Applying Analytics to Big Data in Operations Management

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