chapter 3
Which of the following is an engineering document that shows an inclusive listing of all the component parts and assemblies making up the final product? Master Production Schedule Bill of Materials Distribution Requirement Plan Resource Requirement Plan
Bill of Materials (correct)
The goal of supply chain planning is to balance supply and demand in a way that realizes the financial and service objectives of the company. TRUE FALSE
TRUE (correct)
The process of converting a parent item's planned order releases into component gross requirements is called? Lot Sizing MRP Explosion Bill of Materials Pegging
MRP Explosion (correct)
The medium-range capacity planning technique used to check the feasibility of the Master Production Schedule (MPS) is called? Resource Requirement Planning (RRP) Rough-cut Capacity Planning (RCCP) Capacity Requirement Planning (CRP) None of the above
Rough-cut Capacity Planning (RCCP) (correct)
Which of the following MRP terms represents a committed order awaiting delivery for a specific period? Projected on-hand inventory Time bucket Net requirement Scheduled receipt
Scheduled receipt (correct)
Organizations that choose to implement one single system with all of the desired applications from a single vendor is said to have chosen a? Best-of-breed solution Elite integrator solution Single integrator solution Premier application solution
Single integrator solution (correct)
The three basic production strategies for addressing the aggregate planning problem are the chase production strategy, the level production strategy, and the mixed production strategy. TRUE FALSE
TRUE (correct)
Master Production Scheduling is a process that brings all the demand and supply plans for the business (sales, marketing, development, production, sourcing, and finance) together to provide management with the ability to strategically direct the business to achieve a competitive advantage TRUE FALSE
FALSE
Material Requirement Planning is the system intended to develop long-range plans (more than a year away) concerning product families manufactured by the organization. TRUE FALSE
FALSE (correct)
The Chase Production Strategy relies on a constant output rate and capacity while varying inventory and backlog levels to handle the fluctuating demand pattern. TRUE FALSE
FALSE (correct)