Question 1

Time fences are periods of time having some specified level of opportunity for the customer to make changes.

Accepted Answer

A) True 
 B)False  True

Question 2

In a net change MRP system requirements and schedules are considered rigid and never updated.

Accepted Answer

A) True 
 B)False  False

Question 3

Generally,determining lot sizes in MRP systems is simple.

Accepted Answer

A) True 
 B)False  False

Question 4

MRP is a logical,easily understandable approach to the problem of determining the number of parts,components,and materials needed to produce each end item.

Accepted Answer

A) True 
 B)False

Question 5

The least unit cost method of lot-sizing technique adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost?

Accepted Answer

A) Economic order quantity 
B) Lot-for-lot 
C) Least total cost 
D) Least unit cost 
E) Inventory item averaging 
A) Economic order quantity 
B) Lot-for-lot 
C) Least total cost 
D) Least unit cost 
E) Inventory item averaging

Question 7

Net change MRP systems are "activity" driven.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following industry types will not benefit greatly from the application of MRP?

Accepted Answer

A) Fabricate-to-order 
B) Assemble-to-stock 
C) Assemble-to-order 
D) Manufacture-to-order 
E) None of these 
A) Fabricate-to-order 
B) Assemble-to-stock 
C) Assemble-to-order 
D) Manufacture-to-order 
E) None of these

Question 9

Lot-for-lot (L4L)is the most common lot sizing technique.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

Accepted Answer

A) 1,200 
B) 1,300 
C) 1,150 
D) 2,450 
E) None of these 
A) 1,200 
B) 1,300 
C) 1,150 
D) 2,450 
E) None of these

Question 11

Which of the following is an input file necessary to run an MRP system?

Accepted Answer

A) Exception report 
B) Computer-aided-design files 
C) Inventory records file 
D) Personnel files 
E) Planned order schedule 
A) Exception report 
B) Computer-aided-design files 
C) Inventory records file 
D) Personnel files 
E) Planned order schedule

Question 12

Which of the following can be used for lot sizing in an MRP system?

Accepted Answer

A) Low-level coding 
B) Time bucket size 
C) Least unit cost 
D) Inventory record file 
E) Peg inventory 
A) Low-level coding 
B) Time bucket size 
C) Least unit cost 
D) Inventory record file 
E) Peg inventory

Question 13

We would expect to see which of the following in an MRP system's inventory status file?

Accepted Answer

A) End items produced 
B) Late/early delivery records 
C) Scrap parts 
D) Labor efficiency 
E) Computer errors 
A) End items produced 
B) Late/early delivery records 
C) Scrap parts 
D) Labor efficiency 
E) Computer errors

Question 14

The customer grace period is a time-span having some specified level of opportunity for the customer to make changes.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000,inventory on hand is 1,200,and planned receipts are 800?

Accepted Answer

A) 7,000 
B) 4,200 
C) 3,000 
D) 2,000 
E) 1,200 
A) 7,000 
B) 4,200 
C) 3,000 
D) 2,000 
E) 1,200

Question 16

Which of the following is an input file necessary to run an MRP system?

Accepted Answer

A) Bill of materials (BOM)file 
B) Quality management report 
C) Exception reports 
D) Planned-order schedules 
E) Purchasing contracts 
A) Bill of materials (BOM)file 
B) Quality management report 
C) Exception reports 
D) Planned-order schedules 
E) Purchasing contracts

Question 17

When implemented correctly,MRP links all areas of the business.

Accepted Answer

A) True 
 B)False

Question 18

MRP systems seek to achieve which of the following?

Accepted Answer

A) Minimize lot sizes 
B) Determine the number of dependent demand items needed 
C) Relieve capacity bottlenecks 
D) Provide a yardstick for future improvements 
E) Improve on JIT methods 
A) Minimize lot sizes 
B) Determine the number of dependent demand items needed 
C) Relieve capacity bottlenecks 
D) Provide a yardstick for future improvements 
E) Improve on JIT methods

Question 19

Which of the following is not a lot sizing technique used in MRP systems?

Accepted Answer

A) Lot-for-lot (L4L) 
B) Economic order quantity (EOQ) 
C) Least total cost (LT
C)  
D) Least unit cost (LU
C)  
E) Warehouse loading factor (WLF) 
A) Lot-for-lot (L4L) 
B) Economic order quantity (EOQ) 
C) Least total cost (LT
C)  
D) Least unit cost (LU
C)  
E) Warehouse loading factor (WLF)

Question 20

modular bill of materials is the term for an item that can be produced and stocked as a subassembly.

Accepted Answer

A) True 
 B)False

Time fences are periods of time having some specified level of opportunity for the customer to make changes.

In a net change MRP system requirements and schedules are considered rigid and never updated.

Generally,determining lot sizes in MRP systems is simple.

MRP is a logical,easily understandable approach to the problem of determining the number of parts,components,and materials needed to produce each end item.

The least unit cost method of lot-sizing technique adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost.

Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost?

Net change MRP systems are "activity" driven.

Which of the following industry types will not benefit greatly from the application of MRP?

Lot-for-lot (L4L)is the most common lot sizing technique.

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

Which of the following is an input file necessary to run an MRP system?

Which of the following can be used for lot sizing in an MRP system?

We would expect to see which of the following in an MRP system's inventory status file?

The customer grace period is a time-span having some specified level of opportunity for the customer to make changes.

Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000,inventory on hand is 1,200,and planned receipts are 800?

Which of the following is an input file necessary to run an MRP system?

When implemented correctly,MRP links all areas of the business.

MRP systems seek to achieve which of the following?

Which of the following is not a lot sizing technique used in MRP systems?

modular bill of materials is the term for an item that can be produced and stocked as a subassembly.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

PART-A: Learning Curves

Projects Manufacturing and Service Processes

Manufacturing Processes

PART-A: Break-Even Analysis

Service Processes

Sales and Operations Planning

Quality Management and Six-Sigma Supply Chain Processes and Analytics

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics and Distribution

Filters

Exam 9: Material Requirements Planning

Time fences are periods of time having some specified level of opportunity for the customer to make changes.

In a net change MRP system requirements and schedules are considered rigid and never updated.

Generally,determining lot sizes in MRP systems is simple.

MRP is a logical,easily understandable approach to the problem of determining the number of parts,components,and materials needed to produce each end item.

The least unit cost method of lot-sizing technique adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost.

Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size,picking the lot size with the lowest unit cost?

Net change MRP systems are "activity" driven.

Which of the following industry types will not benefit greatly from the application of MRP?

Lot-for-lot (L4L)is the most common lot sizing technique.

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

Which of the following is an input file necessary to run an MRP system?

Which of the following can be used for lot sizing in an MRP system?

We would expect to see which of the following in an MRP system's inventory status file?

The customer grace period is a time-span having some specified level of opportunity for the customer to make changes.

Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000,inventory on hand is 1,200,and planned receipts are 800?

Which of the following is an input file necessary to run an MRP system?

When implemented correctly,MRP links all areas of the business.

MRP systems seek to achieve which of the following?

Which of the following is not a lot sizing technique used in MRP systems?

modular bill of materials is the term for an item that can be produced and stocked as a subassembly.

Operations and Supply Chain Management

Strategy and Sustainability

Forecasting

Strategic Capacity Management

PART-A: Learning Curves

Projects Manufacturing and Service Processes

Manufacturing Processes

PART-A: Break-Even Analysis

Service Processes

Sales and Operations Planning

Quality Management and Six-Sigma Supply Chain Processes and Analytics

Inventory Management

Lean Supply Chains

Global Sourcing and Procurement

Location, Logistics and Distribution

Filters