Exam 14: Material Requirements Planning Mrpand ERP

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Explain what is meant by "nervousness" of the MRP schedule.Provide an example.Name two tools that are particularly useful in reducing system nervousness in MRP systems.

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Firms making many different final products use ________ to facilitate production scheduling.

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Which of the following statements best compares modular bills and phantom bills?

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Distribution resource planning (DRP)is:

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The supply-chain systems that result from using ERP in the grocery industry are called efficient consumer response (ECR)systems.

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A material requirements plan contains information with regard to all of the following EXCEPT:

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Which of the following is TRUE regarding the POQ lot-sizing method?

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"Phantom bills" are bills of material for subassemblies that do not exist in reality.

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A(n)________ provides feedback to the capacity plan,master production schedule,and production plan so planning can be kept valid at all times.

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The time-phased product structure,unlike the bill of material,adds the concept of lead times.

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Which of the following statements regarding lot-sizing is TRUE?

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Operations splitting sends pieces to the next operation before the entire lot is completed on the previous operation.

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What is MRP? Identify four benefits from its use.

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