Question 1

MRP II is accurately described as:

Accepted Answer

A)  MRP software designed for services.
B)  MRP with a new set of computer programs that execute on microcomputers.
C)  material resource planning.
D)  an enhancement of MRP that plans for all levels of the supply chain.
E)  a new generation of MRP software that extends MRP to planning and scheduling functions.

Question 2

Product A is made from 2 Bs and 1 C.Lead times for A,B,and C are 2,3,and 2 weeks respectively.Currently there are 2 Bs and a 5 Cs on hand,with 5 of each scheduled to arrive at the end of week 1.If 20 As are needed during week 4,can the order be completed (it is the start of week 0 currently)?

Accepted Answer

To produce 20 As requires 40 B...

Question 3

________ is a system that allows,with MRP in place,inventory data to be augmented by other resource variables.

Accepted Answer

Material requirement...

Question 4

Four A washers,five B washers,two C bolts,and a D bolt are required to make one grill parts kit.If 100 grill parts kits are needed,how many more washers will be consumed than bolts?

Accepted Answer

Using MRP explosion gives A = ...

Question 5

Consider the following product structure.  If the demand for product A is 50 units,how many units of component E will be needed?

Accepted Answer

A)  4
B)  100
C)  200
D)  250
E)  300

Question 6

Describe the role of record accuracy in Wheeled Coach's successful use of MRP.

Accepted Answer

Wheeled Coach's record integrity is exce...

Question 7

By convention,the top level in a product structure is designated level 1.

Accepted Answer

A) True 
 B)False

Question 8

What does enterprise resource planning (ERP)allow an organization to do?

Accepted Answer

It allows the organization to automate a...

Question 9

Demand for a given item is said to be dependent if:

Accepted Answer

A)  it originates from the external customer.
B)  there is a deep bill of material.
C)  the finished products are mostly services (rather than goods) .
D)  there is a clearly identifiable parent.
E)  the item has several children.

Question 10

The lot-for-lot lot-sizing technique is particularly appropriate when demand is not very smooth and set up cost is small compared to holding cost.

Accepted Answer

A) True 
 B)False

Question 11

Firms may discover that,rather than adapting ERP to the way they do business,they have to adapt the way they do business to accommodate the ERP software.

Accepted Answer

A) True 
 B)False

Question 12

Distortion in MRP systems can be minimized when safety stock is held at the:

Accepted Answer

A)  purchased component or raw material level.
B)  work-in-process level.
C)  finished goods level.
D)  A and B
E)  A and C

Question 13

What does the POQ interval equal?

Accepted Answer

A)  the number of periods of average demand covered by the safety stock
B)  the same number of periods that are on the "not to be rescheduled" side of the time fence
C)  EOQ / maximum gross requirement
D)  the number of periods until the incoming projected on hand runs out
E)  EOQ / average demand per period

Question 14

Which of the following is NOT a key benefit of MRP?

Accepted Answer

A)  increased quality
B)  better response to customer orders
C)  faster response to market changes
D)  improved utilization of facilities and labor
E)  reduced inventory levels

Question 15

Which of the following is FALSE concerning enterprise resource planning (ERP) ?

Accepted Answer

A)  It attempts to automate and integrate the majority of business processes.
B)  It shares common data and practices across the enterprise.
C)  It is inexpensive to implement.
D)  It provides and accesses information in a real-time environment.
E)  ERP software promises reduced transaction costs.

Question 16

What do we mean by closed-loop MRP?

Accepted Answer

It's a system that provides fe...

Question 17

If safety stock is desired,it should be built into which portion of MRP?

Accepted Answer

A)  module level
B)  purchased component
C)  raw materials
D)  finished goods
E)  all of the above

Question 18

An order for 50 units of Product A and 60 of B has been placed.There are currently 25 units of Product B on hand.Each A requires 2 units of Part C;each B requires 5 units of C.There are 160 units of C available.What are the net requirements for C?

Accepted Answer

A)  115
B)  175
C)  240
D)  690
E)  700

Question 19

What are time fences? Why are they used?

Accepted Answer

Time fences allow a segment of...

Question 20

When safety stock is deemed absolutely necessary,the usual policy is to build it into (increase)the inventory requirement of the MRP logic.

Accepted Answer

A) True 
 B)False

Exam 14: Material Requirements Planning Mrpand ERP

Distortion in MRP systems can be minimized when safety stock is held at the:

Correct AnswerverifiedShow Answer

Which of the following is NOT a key benefit of MRP?

Correct AnswerverifiedShow Answer

When safety stock is deemed absolutely necessary,the usual policy is to build it into (increase)the inventory requirement of the MRP logic.

Correct AnswerverifiedShow Answer

What do we mean by closed-loop MRP?

Correct AnswerverifiedIt's a system that provides fe...View AnswerShow Answer

________ is a system that allows,with MRP in place,inventory data to be augmented by other resource variables.

Correct AnswerverifiedMaterial requirement...View AnswerShow Answer

Product A is made from 2 Bs and 1 C.Lead times for A,B,and C are 2,3,and 2 weeks respectively.Currently there are 2 Bs and a 5 Cs on hand,with 5 of each scheduled to arrive at the end of week 1.If 20 As are needed during week 4,can the order be completed (it is the start of week 0 currently)?

Correct AnswerverifiedTo produce 20 As requires 40 B...View AnswerShow Answer

By convention,the top level in a product structure is designated level 1.

Correct AnswerverifiedShow Answer

Firms may discover that,rather than adapting ERP to the way they do business,they have to adapt the way they do business to accommodate the ERP software.

Correct AnswerverifiedShow Answer

What does the POQ interval equal?

Correct AnswerverifiedShow Answer

What does enterprise resource planning (ERP)allow an organization to do?

Correct AnswerverifiedIt allows the organization to automate a...View AnswerShow Answer

If safety stock is desired,it should be built into which portion of MRP?

Correct AnswerverifiedShow Answer

Consider the following product structure. If the demand for product A is 50 units,how many units of component E will be needed?

Correct AnswerverifiedShow Answer

The lot-for-lot lot-sizing technique is particularly appropriate when demand is not very smooth and set up cost is small compared to holding cost.

Correct AnswerverifiedShow Answer

Four A washers,five B washers,two C bolts,and a D bolt are required to make one grill parts kit.If 100 grill parts kits are needed,how many more washers will be consumed than bolts?

Correct AnswerverifiedUsing MRP explosion gives A = ...View AnswerShow Answer

Demand for a given item is said to be dependent if:

Correct AnswerverifiedShow Answer

An order for 50 units of Product A and 60 of B has been placed.There are currently 25 units of Product B on hand.Each A requires 2 units of Part C;each B requires 5 units of C.There are 160 units of C available.What are the net requirements for C?

Correct AnswerverifiedShow Answer

What are time fences? Why are they used?

Correct AnswerverifiedTime fences allow a segment of...View AnswerShow Answer

Which of the following is FALSE concerning enterprise resource planning (ERP) ?

Correct AnswerverifiedShow Answer

MRP II is accurately described as:

Correct AnswerverifiedShow Answer

Describe the role of record accuracy in Wheeled Coach's successful use of MRP.

Correct AnswerverifiedWheeled Coach's record integrity is exce...View AnswerShow Answer

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It's a system that provides fe...
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Material requirement...
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Correct Answer
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To produce 20 As requires 40 B...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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It allows the organization to automate a...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
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Using MRP explosion gives A = ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Time fences allow a segment of...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Wheeled Coach's record integrity is exce...
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