Exam 12: MRP and ERP

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Refer to this product tree: Refer to this product tree:   If 17 Ps are needed, and no on-hand inventory exists for any items, how many Cs will be needed? If 17 Ps are needed, and no on-hand inventory exists for any items, how many Cs will be needed?

(Multiple Choice)
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Under lot-for-lot, order sizes for component parts are essentially determined directly from which one of the following?

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Initially, a master production schedule-the output from MRP-may not represent a feasible schedule.

(True/False)
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The master production schedule states which end items are to be produced, in addition to when and how many.

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The output of MRP is:

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Refer to this product tree: Refer to this product tree:   If 40 Ps are needed, and on-hand inventory consists of 15 Ps and 10 each of all other components and subassemblies, how many Cs are needed? If 40 Ps are needed, and on-hand inventory consists of 15 Ps and 10 each of all other components and subassemblies, how many Cs are needed?

(Multiple Choice)
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A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is:

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The _________ of ERP makes it valuable as a strategic planning tool.

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A net-change MRP system is one that is updated periodically but not less frequently than once a week.

(True/False)
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