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Exam 20: Resource Planning

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Question 21

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One objective of material requirements planning (MRP)is to utilize all available capacity.

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Question 22

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A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period. If L4L ordering is used the planned order releases would be

A) 40 in period 1 and 0 in period 3.
B) 80 in period 2 and 60 in period 3.
C) 60 in period 2 and 80 in period 3.
D) 0 in period 1 and 40 in period 3.

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Question 23

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Customer relationship management systems change the focus from managing products to managing customers.

Customer relationship management (CRM)software plans and executes business processes that involve customer interactions.

Given the following MRP matrix for Item D: The planned order release for period 5 would be

Capacity requirements planning (CRP)projects the load from a given material plan onto the capacity of a system.

Given the following MRP matrix for Item D: The planned order receipt for period 6 would be

Given the following Product Structure Record: The number of E's required for each A would be

The MRP process of subtracting on-hand quantities and scheduled receipts from gross requirements to produce net requirements is referred to as

Given the following MRP matrix for Item D: The planned order release for period 3 would be

A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period. If the periodic order quantity lot sizing rule is used,then planned order releases in Period 2 would be

The product structure file lists all of the following except

The total length of time to purchase an item from a supplier is called its cumulative lead time.

Modular bills of material are used to group small,loose parts together into a kit.

Given the following Product Structure Record: The number of I's required for each A would be

Given the following Product Structure Record: The number of G's required to assemble 10 A's would be

The master production schedule (MPS)is a major output of the MRP process.

A ___ of material is used to plan the production of products with many optional features.

Enterprise resource planning integrates business processes at the expense of customer interaction.

All of the following are inputs into the MRP process except