Exam 12: Managing Production Across the Supply Chain

Given the forecast and booked orders shown in the table, and a beginning inventory of 25, what is the master production schedule quantity for period 4? Period 1 2 3 4 Forecasted Demand 70 65 60 55 Booked Orders 80 50 30 10 Projected ending inventory Master production schedule 55 Available to Promise 0

For a given job, the amount of time until the job is due divided by the amount of processing time remaining is its ________.

A unit that has not been sold or otherwise committed to any other customer should be considered available to promise.

In material requirements planning, units already on order are referred to as ________ receipts and new orders are termed ________ receipts.

MRP uses backward scheduling.

If a manufacturer had no inventory of any kind but had orders for 10 finished units of their sole product, their buyer would know what parts to order if they were supplied with a:

In a bill of material, a parent may have many children but a child may have only one parent.

Consider the product structure tree shown below: With a beginning inventory of zero for all components and finished items, how many assembly A's are needed to produce 25 product X's?

What is DRP and how does a typical system work?

Consider the product structure tree shown below: With a beginning inventory of zero for all components and finished items, how many assembly E's are needed to produce 20 product X's?

Which of these actions would tend to make an MRP system less nervous?

From a revenue standpoint, a producer would rather have higher forecasted demand than booked orders.

The planned orders entries for members of a DRP system are rolled up into the entry labeled ________ in the distribution requirements planning system.

Given the forecast and booked orders shown in the table, and a beginning inventory of 120, complete this master production schedule. The company operates with a lot size of 144. Period 1 2 3 4 Forecasted Demand 500 450 400 600 Booked Orders 520 400 325 450 Projected ending inventory Master production schedule Available to Promise

Consider the product structure tree shown below: With a beginning inventory of twenty for all components on level one, five for all components on level two, and zero for all components on level three and finished items, how many K's are needed to produce 25 product X's?

The length of time that the master schedule record extends into the future is the:

On the master schedule record, the amount of product that will be finished and available for sale each week given those units have already been promised to customers is the:

Forecasts in a company using a distribution requirements planning system are typically based on:

The planning technique that uses the master production schedule to monitor key resource requirements is:

Given the forecast and booked orders shown in the table, and a beginning inventory of 12, complete this master production schedule. The company operates with a lot size of 144. Period 1 2 3 4 5 6 Forecasted Demand 268 355 480 660 840 900 Booked Orders 520 400 325 450 420 300 Projected ending inventory Master production schedule Available to Promise