Exam 16: Resource Planning

Gross requirements are the total demand derived from all parent production plans.

Table 16.1 -Use the information in partially completed Table 16.1.In which week does the second nonzero MPS quantity occur?

Which of the following statements about ERP systems is best?

Table 16.1 -Use the information in partially completed Table 16.1.What is the available-to-promise (ATP)inventory in week 1?

Planned receipts are estimates of the amount of inventory available each week after gross requirements have been satisfied.

A bill of materials (BOM)shows all of the components of an item,the parent-component relationships,usage quantities,and lot size derived from engineering and process designs.

A planned order release indicates when an order for a specified quantity of an item should be issued.

Companies that fully customize their ERP implementation reap the greatest rewards from such systems since they can continue to use the same processes to which all employees are accustomed.

________ is a lot-sizing rule under which the lot size ordered covers the gross requirements of a single week.

MRP ________ is a process that converts the requirements of various final products into a material requirements plan that specifies the replenishment schedule of all the subassemblies,components,and raw materials needed by the final products.

A(n )________ item has one or more parents but no components.

A parent is any item manufactured from one or more components.

Which statement on MRP explosion is best?

Use the bill of materials and inventory records to determine the additional quantities of purchased items necessary to assemble 15 end items if the manufacturer uses lot-for-lot ordering.There are no end items currently on hand,and none of the components have any scheduled receipts. Inventory amounts indicated in the table are available to produce the end item indicated in this bill of materials.

How can an MRP system be used in a firm's sustainability efforts?

An ERP system revolves around a single comprehensive database that is made available across the entire organization.

An example of a dependent demand item for services is a(n):

Among the four core processes of an organization that link activities within and across firms in a supply chain,the ________ interacts with all of them either through its inputs or outputs.

Any item manufactured from one or more components is a(n):

Figure 16.8 Inventory amounts indicated in the table are available to produce the end item indicated in this bill of materials. -Use Figure 16.8 to answer this question.How many additional units of D are needed to produce seven end items?