Question 1

Which of the following industries would probably not utilize service resource planning?

Accepted Answer

A) Airlines 
B) Grocery stores 
C) Restaurants 
D) Hospitals 
E) Bicycle manufacturers 
A) Airlines 
B) Grocery stores 
C) Restaurants 
D) Hospitals 
E) Bicycle manufacturers E

Question 2

Inventory records include transactions both from manufacturing within an organization and from purchasing items from external suppliers.

Accepted Answer

A) True 
 B)False  True

Question 3

The document that details the quantity of end items to be produced within a specified period of time is

Accepted Answer

A) Bill of material 
B) Master schedule 
C) Inventory record 
D) Lead time 
E) Periodic order quantity 
A) Bill of material 
B) Master schedule 
C) Inventory record 
D) Lead time 
E) Periodic order quantity B

Question 4

L4L lot sizes minimize inventory levels by ordering only what is needed.

Accepted Answer

A) True 
 B)False

Question 5

Why are lot size rules important?

Accepted Answer

A) They determine the frequency of setups 
B) They maximize shipping costs 
C) They are arbitrary 
D) They encourage on-time delivery 
E) They minimize scheduled receipts 
A) They determine the frequency of setups 
B) They maximize shipping costs 
C) They are arbitrary 
D) They encourage on-time delivery 
E) They minimize scheduled receipts

Question 6

Describe three factors that contribute to MRP success.

Accepted Answer

Three key factors that contribute to suc

Question 7

MRP planning factors are managerial choices.

Accepted Answer

A) True 
 B)False

Question 8

Determine the quantity of part D required to build each item X.

Accepted Answer

@#IMG-DLM& (3 Ds per

Question 9

What factors go into determining the lot for lot size to arrive in a given period?

Accepted Answer

The gross requirement in the p

Question 10

Describe the differences in the evolution of MRP,MRP II,and ERP.

Accepted Answer

Material requirements planning (MRP)is a

Question 11

An MRP system creates a master schedule.

Accepted Answer

A) True 
 B)False

Question 12

L4L rules are most appropriate for what type of items?

Accepted Answer

A) Perishable items 
B) Common items 
C) Expensive items 
D) Items with a complicated setup process 
E) Items with a high ordering cost 
A) Perishable items 
B) Common items 
C) Expensive items 
D) Items with a complicated setup process 
E) Items with a high ordering cost

Question 13

Which of the following items enhances the effectiveness of an MRP system?

Accepted Answer

A) Minimal size lots 
B) A rapidly changing manufacturing environment 
C) Accurate inventory records 
D) Maximum lead times 
E) Large safety stocks 
A) Minimal size lots 
B) A rapidly changing manufacturing environment 
C) Accurate inventory records 
D) Maximum lead times 
E) Large safety stocks

Question 14

In an MRP system,the records developed assume that sufficient capacity is available for the required production.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is not critical for an MRP system to work?

Accepted Answer

A) Extremely accurate input records 
B) Extensive training for users 
C) Carefully designed software 
D) Carefully set up hardware 
E) Simplified product designs 
A) Extremely accurate input records 
B) Extensive training for users 
C) Carefully designed software 
D) Carefully set up hardware 
E) Simplified product designs

Question 16

Training is a key component of making an MRP system work.

Accepted Answer

A) True 
 B)False

Question 17

Every MRP record includes three planning factors: lot size,lead time,and material cost.

Accepted Answer

A) True 
 B)False

Question 18

Engineering and process design information is critical to preparing which MRP input?

Accepted Answer

A) Bill of materials 
B) Master schedule 
C) Inventory records 
D) Lead time 
E) Periodic order quantity 
A) Bill of materials 
B) Master schedule 
C) Inventory records 
D) Lead time 
E) Periodic order quantity

Question 19

Which phrase refers to a situation in MRP planning where a change in one part level ripples down to affect lower-level parts?

Accepted Answer

A) Safety stock 
B) MRP explosion 
C) MRP nervousness 
D) Capacity planning 
E) MRP rolling schedule 
A) Safety stock 
B) MRP explosion 
C) MRP nervousness 
D) Capacity planning 
E) MRP rolling schedule

Question 20

For items that are manufactured within a company,the lead time must take into account all the following factors,except

Accepted Answer

A) Setup time 
B) Processing time 
C) Material handling time 
D) Waiting time 
E) Development time 
A) Setup time 
B) Processing time 
C) Material handling time 
D) Waiting time 
E) Development time

Which of the following industries would probably not utilize service resource planning?

Inventory records include transactions both from manufacturing within an organization and from purchasing items from external suppliers.

The document that details the quantity of end items to be produced within a specified period of time is

L4L lot sizes minimize inventory levels by ordering only what is needed.

Why are lot size rules important?

Describe three factors that contribute to MRP success.

MRP planning factors are managerial choices.

Determine the quantity of part D required to build each item X.

What factors go into determining the lot for lot size to arrive in a given period?

Describe the differences in the evolution of MRP,MRP II,and ERP.

An MRP system creates a master schedule.

L4L rules are most appropriate for what type of items?

Which of the following items enhances the effectiveness of an MRP system?

In an MRP system,the records developed assume that sufficient capacity is available for the required production.

Which of the following is not critical for an MRP system to work?

Training is a key component of making an MRP system work.

Every MRP record includes three planning factors: lot size,lead time,and material cost.

Engineering and process design information is critical to preparing which MRP input?

Which phrase refers to a situation in MRP planning where a change in one part level ripples down to affect lower-level parts?

For items that are manufactured within a company,the lead time must take into account all the following factors,except

Operations and Supply Chain Strategy

Quality Management

New Product Development

Process Design and Analysis

Forecasting

Independent Demand Inventory

Project Management

Optimization and Simulation Modeling

Capacity Planning

Quality Improvement Methods

Lean Enterprise

Technology and Integrated Supply Management

Global Supply Chain and Service Integration

Filters

Exam 7: Dependent Demand Inventory

Which of the following industries would probably not utilize service resource planning?

Inventory records include transactions both from manufacturing within an organization and from purchasing items from external suppliers.

The document that details the quantity of end items to be produced within a specified period of time is

L4L lot sizes minimize inventory levels by ordering only what is needed.

Why are lot size rules important?

Describe three factors that contribute to MRP success.

MRP planning factors are managerial choices.

Determine the quantity of part D required to build each item X.

What factors go into determining the lot for lot size to arrive in a given period?

Describe the differences in the evolution of MRP,MRP II,and ERP.

An MRP system creates a master schedule.

L4L rules are most appropriate for what type of items?

Which of the following items enhances the effectiveness of an MRP system?

In an MRP system,the records developed assume that sufficient capacity is available for the required production.

Which of the following is not critical for an MRP system to work?

Training is a key component of making an MRP system work.

Every MRP record includes three planning factors: lot size,lead time,and material cost.

Engineering and process design information is critical to preparing which MRP input?

Which phrase refers to a situation in MRP planning where a change in one part level ripples down to affect lower-level parts?

For items that are manufactured within a company,the lead time must take into account all the following factors,except

Operations and Supply Chain Strategy

Quality Management

New Product Development

Process Design and Analysis

Forecasting

Independent Demand Inventory

Project Management

Optimization and Simulation Modeling

Capacity Planning

Quality Improvement Methods

Lean Enterprise

Technology and Integrated Supply Management

Global Supply Chain and Service Integration

Filters