Exam 21: Material Requirements Planning

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

MRP provides the schedule specifying when each part and component of an end item should be ordered or produced.

(True/False)
4.7/5
(69)

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

(Multiple Choice)
4.7/5
(72)

Which of the following is an input to the master production schedule (MPS)?

(Multiple Choice)
4.9/5
(78)

Which of the following industry types have high expected benefits from the application of MRP?

(Multiple Choice)
4.8/5
(86)

Which of the following is the net requirement using an MRP program if the gross requirement is 1,000 and the inventory on hand is 500?

(Multiple Choice)
4.9/5
(82)

The economic order quantity (EOQ) lot-sizing technique uses the "square root formula" to balance setup cost and carrying cost.

(True/False)
4.8/5
(88)

Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal?

(Multiple Choice)
5.0/5
(87)

Demand for an item located in level 3 of a product structure tree depends on demand for an item in the next higher level.What is that level called? __________________________

(Short Answer)
4.8/5
(88)

Which of the following is not a production activity report generated by MRP?

(Multiple Choice)
4.9/5
(64)

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?

(Multiple Choice)
4.8/5
(78)

A master production schedule is an input to a material requirements planning (MRP) system.

(True/False)
4.8/5
(97)

A BOM file is often called a product structure file or product tree because it shows how a product is put together.

(True/False)
5.0/5
(80)

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.

(True/False)
4.8/5
(80)

What is the planned-order release using an MRP program if the gross requirement is 1,600 and the inventory on hand is 600? ______________________________

(Short Answer)
4.9/5
(81)

The time-phased plan specifying how many and when the firm plans to build each end item is called what? ___________________________________________

(Short Answer)
4.8/5
(69)

A modular bill of materials includes items with fractional options.

(True/False)
4.9/5
(81)

The master production schedule states the number of items to be produced during specific time periods.

(True/False)
4.8/5
(76)

What is the name for a bill of materials that includes items with fractional options? __________________________

(Short Answer)
4.7/5
(88)

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

(True/False)
4.9/5
(89)

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?

(Multiple Choice)
4.8/5
(74)
Showing 41 - 60 of 89
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)