Exam 15: Material Requirements Planning Mrp for Sporadic Demand Patterns

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MRP record processing proceeds from one level code to the next,starting at level code

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RCCP uses approximation to determine whether there is sufficient capacity to accomplish objectives.

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MRPII is the foundation for Enterprise Resource Planning (ERP).

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Costs associated with lot-for-lot sizing can be obtained by dividing the number of orders that are made using lot-for-lot by the cost of an order or setup.

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Key inputs to the MRP information system are

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_____ is the function of establishing,measuring,and adjusting limits or levels of capacity.Also,it is the process of determining how much labor and machine resources are required to accomplish the tasks of production.

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The first step in the planning hierarchy is _____ planning.

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CRP serves as a precursor of the RCCP process.

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Dependencies are seldom regular because the components are used in different end products,each of which has its own demand pattern.

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The multi-level product structure was termed an explosion by Orlicky who went on to say that the task is "to identify the components of a given parent item and to ascertain the location (address) of their inventory records in computer storage."

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Actual on-hand customer orders provide relatively _____ information about future demands.

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RCCP is used preliminarily to be certain that realistic objectives are being transmitted to the MRP process.

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The first book on MRP was written by _____ in 1975.

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MRPII is responsive to the strategic business plan of the company and links _____.

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Part numbers should be chosen randomly so as to avoid implying that they have any meaning or significance.

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Closed-loop MRP consists of

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The MPS stage needs to be fully documented.The documents should be updated as needed.

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An example of a BOM for a dinner party is the cook's shopping list.

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CRP addresses the _____-range picture of shifting capacities and the _____-range view of commitments to strategic alterations.

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MRP should be used for inventory management of items that satisfy both OPP assumptions.

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