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Exam 15: Resource Planning

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Question 41

Multiple Choice

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

A) 2
B) 3
C) 6
D) 12

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Question 42

Multiple Choice

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A phantom bill of material is used

A) to group small,loose parts together.
B) when the product is manufactured in major subassemblies.
C) for subassemblies that are immediately consumed in the next stage of production.
D) when due dates have not been calculated.

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Question 43

Multiple Choice

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

Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period,then using the Periodic Order Quantity lot sizing technique,the Planned Order Release for period 4 would be

A matrix is used to organize and display the information generated by the MRP process.

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

Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period,the periodic order quantity would be

37.All of the following are inputs into the MRP process except

Firms that successfully implement an MRP system no longer require cycle counting of inventory.

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

Planned order releases at one level of a product structure generate gross requirements at the next level.

Which of the following is not a major input into capacity requirements planning (CRP) ?

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

An enterprise resource planning (ERP)system shares information across functional areas.

______________ is a lot sizing technique that orders for multiple demand periods is referred to as

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

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

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

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

ERP application modules can be used alone or in combination.