Question 1

Which of the following is a time fence operating mode?

Accepted Answer

A) Frozen 
B) Moderately soft 
C) Inflexible 
D) Delayed 
E) Quality control hold 
A) Frozen 
B) Moderately soft 
C) Inflexible 
D) Delayed 
E) Quality control hold

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

The master production schedule (MPS)is a time-phased plan specifying how many of each end item to build and when the firm plans to build them.

Accepted Answer

A) True 
 B)False

Question 5

What is the main difference between MRP and closed loop MRP?

Accepted Answer

Closed loop MRP has

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

Question 7

To implement a MRP system successfully,a high degree of inventory and bill-of-material accuracy is required.This may involve significant change in how a firm operates.

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

The economic order quantity (EOQ)lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

Accepted Answer

A) True 
 B)False

Question 10

A product structure tree can do which of the following?

Accepted Answer

A) Help to compute component usage 
B) Reduce product scrap 
C) Reduce labor overtime 
D) Reduce regular time labor 
E) Locate raw material supplies 
A) Help to compute component usage 
B) Reduce product scrap 
C) Reduce labor overtime 
D) Reduce regular time labor 
E) Locate raw material supplies

Question 11

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

Accepted Answer

Super bill

Which of the following is a time fence operating mode?

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

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

The master production schedule (MPS)is a time-phased plan specifying how many of each end item to build and when the firm plans to build them.

What is the main difference between MRP and closed loop MRP?

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?

To implement a MRP system successfully,a high degree of inventory and bill-of-material accuracy is required.This may involve significant change in how a firm operates.

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

The economic order quantity (EOQ)lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

A product structure tree can do which of the following?

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

Introduction to the Field

Operations and Supply Strategy

Project Management

Product and Service Design

Strategic Capacity Management

Process Analysis

Manufacturing Processes

Service Processes

Six Sigma Quality

Supply-Chain Strategy

Logistics and Facility Location

Lean Manufacturing

Operations Consulting Reengineering

Enterprise Resource Planning Systems

Demand Management and Forecasting

Aggregate Sales and Operations Planning

Inventory Control

Scheduling

Constraint Management

Linear Programming Using the Excel Solver

Learning Curves

Job Design Work Measurement

Waiting Line Analysis

Process Capability and Spc

Simulation

Filters

Exam 18: Material Requirements Planning

Which of the following is a time fence operating mode?

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

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

The master production schedule (MPS)is a time-phased plan specifying how many of each end item to build and when the firm plans to build them.

What is the main difference between MRP and closed loop MRP?

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?

To implement a MRP system successfully,a high degree of inventory and bill-of-material accuracy is required.This may involve significant change in how a firm operates.

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

The economic order quantity (EOQ)lot sizing technique produces or acquires exactly the amount of product that is needed each time period with none carried over into future periods.

A product structure tree can do which of the following?

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

Introduction to the Field

Operations and Supply Strategy

Project Management

Product and Service Design

Strategic Capacity Management

Process Analysis

Manufacturing Processes

Service Processes

Six Sigma Quality

Supply-Chain Strategy

Logistics and Facility Location

Lean Manufacturing

Operations Consulting Reengineering

Enterprise Resource Planning Systems

Demand Management and Forecasting

Aggregate Sales and Operations Planning

Inventory Control

Scheduling

Constraint Management

Linear Programming Using the Excel Solver

Learning Curves

Job Design Work Measurement

Waiting Line Analysis

Process Capability and Spc

Simulation

Filters