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Exam 14: Resource Planning

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Question 61

Multiple Choice

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Independent demand is the demand for ______________.

A) finished products
B) subassemblies
C) parts
D) raw materials
E) components

F) A) and E)
G) A) and D)

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Question 62

Multiple Choice

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The ____________ file lists the materials needed to build a product.

A) master production schedule
B) bill of material
C) inventory records
D) material needs
E) build structure

F) A) and C)
G) A) and D)

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Question 63

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The three criteria for selecting an ERP system include _____________,________________,and _______________.

Which of the following is not true for planned orders?

Gross requirements for finished products are taken from ________________________.

If setup costs are essentially zero (negligible when compared to carrying costs) ,which approach should be used for lot sizing?

Which ERP module includes work-flow analysis?

When there is insufficient inventory to satisfy the forecast for a particular period a(n) _____________ order must be placed.

_______________ MRP is an MRP system that includes production planning,master production scheduling,and capacity requirements planning.

In the mid-1970s,MRPII was developed.One of its major components is:

MRP systems require ______________________,______________________,and ______________________ as inputs.

Production and inventory planners release orders to ________________________.

Given the following data: The beginning inventory is 0 and there are no scheduled receipts.The order cost is $90 and the holding cost is $1 per part per period. (a)What are the order costs,carrying costs,and totals cost over the 9 periods using the lot-for-lot size rule? (b)What are the order costs,carrying costs,and totals cost over the 9 periods using the fixed order quantity rule with FOQ = 100? (c)What are the order costs,carrying costs,and totals cost over the 9 periods using the period order quantity rule with POQ = 3?

Gross requirements for finished products are taken from the order entry file.

Under the lot for lot rule,order sizes are essentially determined directly from gross requirements.

___________________ uses the planned orders generated by MRP to evaluate the feasibility of long-term or blanket contracts and to determine delivery need.

Dell practices _____________________________.

Given the following data: (a)What are the workloads for periods 3,4,and 5? (b)There are 168 hours of operating time per machine each period.How many machines should be operated for periods 3,4,and 5?

Selection of the lot size rule to be used should be based on minimizing ____________________.

The current time period is referred to as __________________.