Question 1

In an MRP program, the program accesses the status segment of an inventory record according to specific periods called which of the following?

Accepted Answer

A) Cubed time units 
B) Time buckets 
C) BOM units 
D) Time modules 
E) Time lines 
A) Cubed time units 
B) Time buckets 
C) BOM units 
D) Time modules 
E) Time lines

Question 2

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 3

In MRP, how is demand information for a level 0 (zero) item derived? _________________________

Accepted Answer

from the master production sch

Question 4

Which of the following is the planned-order release using an MRP program if the gross requirement is 670 and the inventory on hand is 600?

Accepted Answer

A) 670 
B) 600 
C) 530 
D) 70 
E) None of these 
A) 670 
B) 600 
C) 530 
D) 70 
E) None of these

Question 5

In a net change MRP program, a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

Accepted Answer

FAL SE
Explanation: Net change systems a

Question 6

An input to the material requirements planning (MRP) system is an exception report.

Accepted Answer

A) True 
 B)False

Question 7

Net change MRP systems are "activity" driven.

Accepted Answer

A) True 
 B)False

Question 8

An input to the material requirements planning (MRP) system is an inventory records file.

Accepted Answer

A) True 
 B)False

Question 9

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

In an MRP program, the program accesses the status segment of an inventory record according to specific periods called which of the following?

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?

In MRP, how is demand information for a level 0 (zero) item derived? _________________________

Which of the following is the planned-order release using an MRP program if the gross requirement is 670 and the inventory on hand is 600?

In a net change MRP program, a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

An input to the material requirements planning (MRP) system is an exception report.

Net change MRP systems are "activity" driven.

An input to the material requirements planning (MRP) system is an inventory records file.

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

Introduction

Strategy

Design of Products and Services

Project Management

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics Distribution, and Transportation

Global Sourcing and Procurement

Enterprise Resource Planning Systems

Forecasting

Sales and Operations Planning

Inventory Management

Workcenter Scheduling

Theory of Constraints

Health Care

Operations Consulting

Filters

Exam 21: Material Requirements Planning

In an MRP program, the program accesses the status segment of an inventory record according to specific periods called which of the following?

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?

In MRP, how is demand information for a level 0 (zero) item derived? _________________________

Which of the following is the planned-order release using an MRP program if the gross requirement is 670 and the inventory on hand is 600?

In a net change MRP program, a change in one item will result in a completely new inventory plan and schedule for every item in the master production schedule.

An input to the material requirements planning (MRP) system is an exception report.

Net change MRP systems are "activity" driven.

An input to the material requirements planning (MRP) system is an inventory records file.

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

Introduction

Strategy

Design of Products and Services

Project Management

Strategic Capacity Management

Learning Curves

Manufacturing Processes

Facility Layout

Service Processes

Waiting Line Analysis and Simulation

Process Design and Analysis

Six Sigma Quality

Statistical Quality Control

Lean Supply Chains

Logistics Distribution, and Transportation

Global Sourcing and Procurement

Enterprise Resource Planning Systems

Forecasting

Sales and Operations Planning

Inventory Management

Workcenter Scheduling

Theory of Constraints

Health Care

Operations Consulting

Filters