Lesson 18 Material Requirements Planning Q&A Random Selection14
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Lesson 18 Material Requirements Planning Q&A Random Selection14

Course Number: BUSINESS 101, Spring 2010

College/University: Yonsei University

Word Count: 1132

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Generate Random Generate Random Question Question table index nbr 2 # Questions 31 4 5 Prob Question 0.0322581 41. Which of the following most closely describes dependent demand? A. demand generated by suppliers B. estimates of demand using regression analysis of independent variables C. derived demand D. demands placed on suppliers by their customers E. net material requirements 0.0322581 42. ERP...

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Random Generate Generate Random Question Question table index nbr 2 # Questions 31 4 5 Prob Question 0.0322581 41. Which of the following most closely describes dependent demand? A. demand generated by suppliers B. estimates of demand using regression analysis of independent variables C. derived demand D. demands placed on suppliers by their customers E. net material requirements 0.0322581 42. ERP implementation probably won't require: A. cross functional teams B. more than three or four months to install C. intensive training D. high funding for both initial cost and maintenance E. frequent upgrades after installation 0.0322581 43. A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is: A. computer aided manufacturing (CAM) B. computer integrated manufacturing (CIM) C. economic order quantity (EOQ) D. material requirements planning (MRP) E. economic run size (ERS) 0.0322581 44. The development and application of MRP depended upon two developments: (1) the recognition of the difference between independent and dependent demand, and (2): 1 Nbr Rand # 1 Lesson 2 Question 2 41 3 Nbr 41 2 42 42 2 43 43 2 44 44 A. computers B. development of the EOQ model C. inventory control systems D. blanket purchase orders E. the internet 45. The output of MRP is: A. gross requirements B. net requirements C. a schedule of requirements for all parts and end items D. inventory reorder points E. economic order quantities and reorder points 46. Which one of the following is not an input in an MRP system? A. planned-order schedules B. bill of materials C. master production schedule D. inventory records E. All are inputs. 47. The MRP input stating which end items are to be produced, when they are needed, and what quantities are needed, is the: A. master schedule B. bill-of-materials C. inventory-records D. assembly-time chart E. net-requirements chart 48. In an MRP master schedule, the planning horizon is often separated into a series of times periods called: A. pegging B. lead times C. stacked lead times D. time buckets E. firm, fixed and frozen 49. The MRP input listing the assemblies, subassemblies, parts, and raw materials needed to produce one unit of finished product is the: A. master production schedule B. bill-of-materials C. inventory-records D. assembly-time chart E. net-requirements chart 50. A visual depiction of the subassemblies and components that are needed to produce and/or assemble a product is called a(n): A. assembly time chart B. product structure tree C. MRP II D. pegging E. Gantt chart 51. The MRP input storing information on the status of each item by time period (e.g., scheduled receipts, lead time, lot size) is the: A. master production schedule B. bill-of-materials C. inventory-records D. assembly-time chart E. net-requirements chart 52. Which one of the following most closely describes net material requirements? A. gross requirements - amount on-hand - scheduled receipts B. gross requirements - planned receipts C. gross requirements - order releases + amount on-hand D. gross requirements - planned order releases E. gross requirements - amount on-hand + planned order releases 2 45 0.0322581 2 46 46 0.0322581 2 47 47 0.0322581 2 48 48 0.0322581 2 49 49 0.0322581 2 50 50 0.0322581 2 51 51 0.0322581 2 52 52 0.0322581 2 53 53 2 54 54 2 55 55 2 56 56 0.0322581 53. In MRP, "scheduled receipts" are: A. identical to "planned-order receipts" B. identical to "planned-order releases" C. open orders (that is, ordered before the first time bucket, but not delivered yet) D. "net requirements" E. available to promise inventory 0.0322581 54. In MRP, under lot-for-lot ordering, "planned-order receipts" are: A. identical to "scheduled receipts" B. identical to "planned-order releases" C. open orders (that is, ordered before the first time bucket, but not delivered yet) D. "gross requirements" E. available to promise inventory 0.0322581 Under 55. lot-for-lot, order sizes for component parts are essentially determined directly from which one of the following? A. gross requirements B. net requirements C. economic order quantity D. gross requirements - net requirements E. net requirements - amount on-hand 0.0322581 56. In MRP, the gross requirements of a given component part are calculated from: A. net requirements + amount on-hand. B. gross requirements of the immediate parent C. planned orders of the end item D. net requirements of end item E. planned orders of the immediate parent 2 57 57 2 58 58 2 59 59 2 60 60 2 61 61 2 62 62 2 63 63 2 64 64 2 65 65 2 66 66 2 67 67 2 68 68 2 69 69 2 70 70 2 XON 45 71 71 0.0322581 57. The identification of parent items is called: A. Paternity B. Pegging C. Requirement I.D. D. Relationship tracking E. Master Scheduling 0.0322581 58. Periodic updating of an MRP system to account for all changes which have occurred within a given time interval is called: A. pegging B. planned order release C. net change D. regenerative E. exception report 0.0322581 59. An MRP system whose records are updated continuously is referred to as a(n): A. regenerative system B. batch-type system C. Plossl-Wright system D. net-change system E. gross-change system 0.0322581 60. Which is true of a net-change system? A. It is a batch-type system which is updated periodically. B. It is usually run at the beginning of each month. C. The basic production plan is modified to reflect changes as they occur. D. It is used to authorize the execution of planned orders. E. It indicates the amount and timing of future changes. 0.0322581 61. Which one of the following most closely describes the MRP approach that is used for components or subassemblies to compensate for variations in lead time? A. pegging B. safety stock C. increased order sizes D. safety time E. low-level coding 0.0322581 62. Which of the following lot sizing methods does not attempt to balance ordering (or setup) and holding costs? A. economic order quantity B. economic run size C. lot-for-lot D. part-period E. all of the above 0.0322581 63. When MRPII systems include feedback, they are known as: A. MRPIII B. Enterprise resource planning C. Circular MRP D. Feasible MRP E. Closed Loop MRP 0.0322581 64. The multiplication process used by MRP to determine lower level requirements is called: A. time-phasing B. pegging C. netting D. projecting E. exploding 0.0322581 65. _______ is choosing how many to order or make. A. Quantity determination B. Package sizing C. Lot sizing D. Grouping E. Aggregation 0.0322581 66. Which of the following is not usually necessary in order to have an effective MRP system? A. a computer and software B. an accurate bill of materials C. lot-for-lot ordering D. an up-to-date master schedule E. integrity of file data 0.0322581 67. The _________ of ERP makes it valuable as a strategic planning tool. A. Internet base B. Rapid Batch capability C. Employee focus D. Real-time aspect E. Database structure 0.0322581 68. A recent effort to expand the scope of production resource planning by involving other functional areas in the planning process has been: A. material requirements planning B. capacity requirements planning C. manufacturing resources planning D. Just-In-Time planning E. multifunctional relationships planning 0.0322581 69. Which statement concerning MRP II is false? A. It is basically a computerized system. B. It can handle complex planning and scheduling quickly. C. It involves other functional areas in the production planning process. D. It involves capacity planning. E. It produces a production plan which includes all resources required 0.0322581 70. Which of these items would be most likely to have dependent demand? A. X-Box batteries B. toy trains C. flowers D. chocolate chip cookies E. wrist watches 0.0322581 71. Which of these products would be most likely to have dependent demand? A. refrigerators B. automobile engines C. televisions D. brownies E. automobiles 2 Prob Question Rand() #VALUE! 0.90276174
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