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Exam 14: Material Requirements Planning Mrpand ERP

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Question 71

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A bill of material lists the

A) times needed to perform all phases of production.
B) production schedules for all products.
C) components,ingredients,and materials required to produce an item.
D) operations required to produce an item.
E) components,ingredients,materials,and assembly operations required to produce an item.

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Question 72

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

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

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Question 73

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A bill of material must be updated with the corrected dimensions of a part.The document that details this change is a(n)

What is the "supermarket" as it is used in MRP? How does it alter the responsibility for dealing with lead-time offsets?

Describe finite capacity scheduling.How is it more realistic than MRP?

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

Wheeled Coach insists all of the following tasks are key to successful MRP use except

If 100 units of Q are needed and 10 are already in stock,then the gross requirement is 100 and the net requirement is 90.

The Wagner-Whitin algorithm is the most widely used MRP lot-sizing technique.

Gross material requirements do not take into account the amount of inventory on hand.

How can MRP and JIT be effectively integrated?

A(n)________ system is packaged business software that automates and integrates the majority of their business processes,shares common data and practices across the entire enterprise,and produces and accesses information in a real-time environment.

Which of the following best differentiates material requirements planning (MRP) from finite capacity scheduling (FCS) ?

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

Given the following bill of material If the demand for product A is 50 units,what will be the gross requirement for component E?

The MPS calls for 50 units of Product A and 60 of B.There are currently 35 of Product B on hand.Each A requires 2 of Part C;each B requires 5 of C.There are 160 units of C available. a.Calculate the net requirements for B. b.Calculate the gross requirements for C. c.Calculate the net requirements for C.

The MPS calls for 110 units of Product M.There are currently 30 of Product M on hand.Each M requires 4 of Component N.There are 20 units of N on hand.The net requirements for N are

What are the disadvantages of enterprise resource planning (ERP)?

________ are the result of adjusting gross requirements for inventory on hand and scheduled receipts.

When safety stock is deemed absolutely necessary,the usual policy is to build it into which category of the MRP logic?