Question 1

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

Accepted Answer

A)  master production schedule. 
B)  bill of materials. 
C)  inventory records. 
D)  assembly time chart. 
E)  net requirements chart. 
A)  master production schedule. 
B)  bill of materials. 
C)  inventory records. 
D)  assembly time chart. 
E)  net requirements chart.

Question 2

The MRP input stating which end items are to be produced, when they are needed, and what quantities are needed, is the:

Accepted Answer

A)  master schedulE. 
B)  bill of materials. 
C)  inventory records. 
D)  assembly time chart. 
E)  net requirements chart. 
A)  master schedulE. 
B)  bill of materials. 
C)  inventory records. 
D)  assembly time chart. 
E)  net requirements chart.

Question 3

In MRP, the gross requirements of a given component part are calculated directly from:

Accepted Answer

A)  net requirements + projected on-hand inventory. 
B)  gross requirements of the immediate parent. 
C)  planned order releases of the end item. 
D)  net requirements of the end item. 
E)  planned order releases of the immediate parent. 
A)  net requirements + projected on-hand inventory. 
B)  gross requirements of the immediate parent. 
C)  planned order releases of the end item. 
D)  net requirements of the end item. 
E)  planned order releases of the immediate parent.

Question 4

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

Accepted Answer

A)  assembly time chart. 
B)  product structure treE. 
C)  MRP II. 
D)  pegging. 
E)  Gantt chart. 
A)  assembly time chart. 
B)  product structure treE. 
C)  MRP II. 
D)  pegging. 
E)  Gantt chart.

Question 5

The master schedule needs to be for a period long enough to cover the stacked or cumulative lead time necessary to produce the end items.

Accepted Answer

A) True 
 B)False

Question 6

The output of MRP is:

Accepted Answer

A)  gross requirements. 
B)  net requirements. 
C)  a schedule of planned orders for all parts and end items. 
D)  inventory reorder points. 
E)  economic order quantities and reorder points. 
A)  gross requirements. 
B)  net requirements. 
C)  a schedule of planned orders for all parts and end items. 
D)  inventory reorder points. 
E)  economic order quantities and reorder points.

Question 7

Safety time is sometimes used in MRP rather than safety stock quantities.

Accepted Answer

A) True 
 B)False

Question 8

An assembly-time chart indicates gross and net requirements taking into account the current available inventory.

Accepted Answer

A) True 
 B)False

Question 9

Refer to this product tree:  
If 17 Ps are needed, and no on-hand inventory exists for any items, how many Cs will be needed?

Accepted Answer

A)  8 
B)  16 
C)  136 
D)  204 
E)  272 
A)  8 
B)  16 
C)  136 
D)  204 
E)  272

Question 10

The _________ of ERP makes it valuable as a strategic planning tool.

Accepted Answer

A)  Internet base 
B)  rapid batch capability 
C)  employee focus 
D)  real-time aspect 
E)  database structure 
A)  Internet base 
B)  rapid batch capability 
C)  employee focus 
D)  real-time aspect 
E)  database structure

Question 11

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.

Accepted Answer

A) True 
 B)False

Question 12

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?

Accepted Answer

A)  60 units 
B)  120 units 
C)  180 units 
D)  cannot be determined 
E)  none of the choices 
A)  60 units 
B)  120 units 
C)  180 units 
D)  cannot be determined 
E)  none of the choices

Question 13

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?

Accepted Answer

A)  48 
B)  144 
C)  192 
D)  212 
E)  272 
A)  48 
B)  144 
C)  192 
D)  212 
E)  272

Question 14

In a master schedule, the planning horizon is often separated into a series of time periods called:

Accepted Answer

A)  pegging. 
B)  lead times. 
C)  stacked lead times. 
D)  time buckets. 
E)  firm, fixed, and frozen. 
A)  pegging. 
B)  lead times. 
C)  stacked lead times. 
D)  time buckets. 
E)  firm, fixed, and frozen.

Question 15

MRP works best if the inventory items have dependent demand.

Accepted Answer

A) True 
 B)False

Question 16

Which of these items would be most likely to have dependent demand?

Accepted Answer

A)  computer chips 
B)  potato chips 
C)  poker chips 
D)  chocolate chip cookies 
E)  wood chippers 
A)  computer chips 
B)  potato chips 
C)  poker chips 
D)  chocolate chip cookies 
E)  wood chippers

Question 17

Which one of the following most closely describes the MRP approach that is used for components or subassemblies to compensate for variations in lead time?

Accepted Answer

A)  pegging 
B)  safety stock 
C)  increased order sizes 
D)  safety time 
E)  low-level coding 
A)  pegging 
B)  safety stock 
C)  increased order sizes 
D)  safety time 
E)  low-level coding

Question 18

Capacity requirements planning helps managers reconcile __________ with __________.

Accepted Answer

A)  what is needed; what has been done 
B)  what is needed; what is possible 
C)  what has been done; who will be doing it 
D)  what needs to be done; where it will be done 
E)  what has been done; how much what needs to be done will cost 
A)  what is needed; what has been done 
B)  what is needed; what is possible 
C)  what has been done; who will be doing it 
D)  what needs to be done; where it will be done 
E)  what has been done; how much what needs to be done will cost

Question 19

MRP output reports are divided into two main groups, daily and weekly.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following represents an attempt to balance the benefits of stability in the production plan against the benefits of responding quickly to new orders?

Accepted Answer

A)  safety stock 
B)  safety time 
C)  bills of material 
D)  time fences 
E)  fixed-period lot sizing 
A)  safety stock 
B)  safety time 
C)  bills of material 
D)  time fences 
E)  fixed-period lot sizing

Exam 17: MRP and ERP

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

The MRP input stating which end items are to be produced, when they are needed, and what quantities are needed, is the:

In MRP, the gross requirements of a given component part are calculated directly from:

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

The master schedule needs to be for a period long enough to cover the stacked or cumulative lead time necessary to produce the end items.

The output of MRP is:

Safety time is sometimes used in MRP rather than safety stock quantities.

An assembly-time chart indicates gross and net requirements taking into account the current available inventory.

Refer to this product tree: If 17 Ps are needed, and no on-hand inventory exists for any items, how many Cs will be needed?

The _________ of ERP makes it valuable as a strategic planning tool.

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.

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?

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?

In a master schedule, the planning horizon is often separated into a series of time periods called:

MRP works best if the inventory items have dependent demand.

Which of these items would be most likely to have dependent demand?

Which one of the following most closely describes the MRP approach that is used for components or subassemblies to compensate for variations in lead time?

Capacity requirements planning helps managers reconcile __________ with __________.

MRP output reports are divided into two main groups, daily and weekly.

Which of the following represents an attempt to balance the benefits of stability in the production plan against the benefits of responding quickly to new orders?

Introduction to Operations Management

Competitiveness

Forecasting

Product and Service Design

RELIABILITY – Static

Strategic Capacity Planning for Products and Services

Decision Theory– Static

Process Selection and Facility Layout

Work Design and Measurement

learning curve– Static

Location Planning and Analysis

The Transportation Model– Static

Management of Quality

Quality Control

Acceptance Sampling– Static

Aggregate Planning and Master Scheduling

Inventory Management

JIT and Lean Operations

Maintenance– Static

Supply Chain Management

Scheduling

Project Management

Management of Waiting Lines

Linear Programming

Filters

Capacity requirements planning helps managers reconcile with .