Exam 13: MRP and ERP

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Lumpy demand for components results primarily from the periodic scheduling of batch production.

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Under lot-for-lot, order sizes for component parts are essentially determined directly from which one of the following?

(Multiple Choice)
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Lot-for-lot ordering in MRP provides coverage for some predetermined number of periods (such as two or three)that extend beyond the orders already received for those periods.

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Which of the following is not usually necessary in order to have an effective MRP system?

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The bill of materials indicates how much material will be needed to produce the quantities on a given master production schedule.

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MRP II is simply an improved version of MRP that processes more quickly and can plan for a larger number of end items.

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MRP is used to answer what three questions?

(Multiple Choice)
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Which of the following most closely describes dependent demand?

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An MRP system whose records are updated continuously is referred to as a(n)

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Successful implementation of an effective MRP system depends upon: (1)the recognition of the difference between independent and dependent demand, and (2)

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The gross requirements at one level of an MRP plan determine the gross requirements at the next lower level continuing on down to the lowest levels shown on the bill of materials.

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When MRP II systems include feedback to revise a plan that is not feasible, they are known as

(Multiple Choice)
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Refer to this product tree Refer to this product tree   If 17 Ps are needed, and on-hand inventory consists of 10 As, 15 Bs, 20 Cs, 12 Ms, and 5 Ns, how many Cs are needed? If 17 Ps are needed, and on-hand inventory consists of 10 As, 15 Bs, 20 Cs, 12 Ms, and 5 Ns, how many Cs are needed?

(Multiple Choice)
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The MRP input listing the assemblies, subassemblies, parts, and raw materials needed to produce one unit of finished product is the

(Multiple Choice)
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A visual depiction of the subassemblies and components that are needed to produce and/or assemble a product is called a(n)

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ERP is now about enterprise applications

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Bunny Helpers, Inc., has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of week 6. An MRP planner has prepared the following table showing product structure, lead times (orders are lot-for-lot), and quantities on hand Bunny Helpers, Inc., has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of week 6. An MRP planner has prepared the following table showing product structure, lead times (orders are lot-for-lot), and quantities on hand   Each Deluxe Basket contains two dark chocolate truffles and four carved chocolate eggs. How many dark chocolate eggs should be ordered? Each Deluxe Basket contains two dark chocolate truffles and four carved chocolate eggs. How many dark chocolate eggs should be ordered?

(Multiple Choice)
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Net requirements for component J are as follows: 60 units in week 2, 40 units in week 3, and 60 units in week 5. If a fixed-period, two-period lot-sizing method is used, what will be the quantity of the first planned receipt?

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Independent demand tends to be more "lumpy" than dependent demand, meaning that we need large quantities followed by periods of no demand.

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The master production schedule states which end items are to be produced, in addition to when and how many.

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