Exam 15: Material Requirements Planning Mrp for Sporadic Demand Patterns

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BOMs include every material that goes into or onto a product.

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Closed-loop MRP is a system built around material requirements planning that includes the additional planning functions of sales and operations.

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Strategic business plans drive the MRPII system.

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MRP employs detail about _____'s capabilities to provide guidance for actions of when to order and how much to order,among other things

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What is "coding" used for in MRP?

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New product introductions are most likely to fail if the total organization is communicating and coordinated.

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The master production schedule has a planning horizon length that matches the longest cumulative lead-time function in that schedule.

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MRP II is the foundation for _____.

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What two points have to be applied for MRP to be used successfully in an organization? Discuss these assumptions.

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Open-loop MRP implies that many functions such as manufacturing control,supplier scheduling,and dispatching are included in the overall system.Also,feedback is provided by the execution functions so that the planning can be kept valid at all times.This is in contrast to closed-loop MRP.

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MRP assumptions include:

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_____ lists the key resources needed to make a unit of a selected item.

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What is CRP?

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In a _____ environment,there is some latitude concerning what is to be done and when it is scheduled.

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Computer-based MRP systems were first described in a 1975 book by Joseph Juran.

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End products are defined as the parent product and they have independent demand systems.

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_____ is among the simplest ordering methods,but it places more orders than other methods.These other methods compensate for fewer orders with larger order quantities.

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Reorder point models require that stable demand distributions exist.This facilitates meeting forecasting requirements.

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Based on systems thinking,changes to any part of the planning process should be in line with strategic business plans.

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The essence of MRP II is

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