Chapter 15 Resource Planning
Given the following MRP matrix for Item E: The planned order releases for period 1 is
d. 0.
Given the following Product Structure Record The number of D's required for each A is
d. 12.
A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period. If the periodic order quantity lot sizing rule is used, then planned order releases in Period 2 is
d. 140 in Period 2.
Given the following Product Structure Record The number of F's required for each A is
d. 16.
Given the following Product Structure Record The number of F's required for each A is
d. 24.
Given the following MRP matrix for Item D: The planned order receipt for period 6 is
d. 270
Given the following MRP matrix for Item D: The projected on hand quantity at the end of period 3 is
d. 70.
Which one of the following is not one of the four main categories of ERP modules?
d. Information Technology
The MRP process of determining requirements for lower level items based on the master production schedule is referred to as
d. exploding.
The MRP process of subtracting on-hand quantities and scheduled receipts from gross requirements to produce net requirements is referred to as
d. netting
A load profile compares
d. released and planned orders with work center capacity.
All of the following are inputs into the MRP process except
d. the planned order report.
A forecast of dependent demand requirements is one of the major inputs into the MRP process
f
A phantom bill of material is appropriate when a product consists of assemblies that are later combined to form a variety of final products
f
Complex products typically do not require material requirements planning (MRP) to plan production or monitor inventory levels
f
Firms that successfully implement an MRP system no longer require cycle counting of inventory.
f
Gross requirements at one level of a product structure generate gross requirements at the next level.
f
Information concerning on-hand quantities, lot sizes, and lead time can be found in the master production schedule (MPS).
f
Modular bills of material are used to group small, lose parts together into a kit.
f
One objective of material requirements planning (MRP) is to utilize all available capacity.
f
Supply chain management (SCM) software plans and executes business processes related to a manufacturing firm
f
The application modules that comprise the ERP system are designed to support only customer relationship management processes.
f
The last stage in ERP implementation involves analyzing business processes.
f
The periodic order quantity (POQ) lot sizing technique places orders every demand period.
f
Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period, the periodic order quantity is
a. 3 periods of requirements
Given the following MRP matrix for Item E: The planned order releases for period 4 is
a. 300.
A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period If EOQ lot sizing is used to set the minimum order quantity, then the projected on hand quantity at the end of period 3 is
a. 40
Given the following Product Structure Record The number of G's required for each A is
a. 40.
In ERP systems, advanced analytical capabilities that support decision making collectively is called business
a. intelligence.
Which of the following would not be used for an overloaded condition
a. pulling work ahead
The product structure file provides all of the following information except
a. the product's demand
Given the following MRP matrix for Item D: The planned order release for period 5 is
b. 120
Given the following MRP matrix for Item D: The planned order release for period 3 is
b. 160.
Given the following MRP matrix for Item E: The planned order releases for period 3 is
b. 200.
Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period, then using the Periodic Order Quantity lot sizing technique, the planned order release for period 4 is
b. 290.
Given the following Product Structure Record The number of G's required for each A is
b. 8.
A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period. If L4L ordering is used the planned order releases is
b. 80 in period 2 and 60 in period 3
______________ refers to the selection of ERP modules from different vendors.
b. Best-of-breed
___________________ software manages the design interaction between suppliers and customers.
b. Customer relationship management
_______________________ software plans and executes business processes involving customer interaction.
b. Customer relationship management
_____________________ is a software that organizes and manages a firms business processes by sharing information across functional areas
b. Enterprise requirements planning (ERP
______________ is a lot sizing technique that orders for multiple demand periods is referred to as
b. Periodic order quantity (POQ)
Enterprise application software breaks down complex business processes into a series of transactions between applications typically uses which of the following programming languages
b. XML
ERP systems consist of a series of __________________ that can be used alone or in concert
b. application modules
A _______________ of material is used to plan the production of products with many optional features.
b. modular bill
All of the following can be used for underloaded conditions except
b. pushing work back.
With _________________, customers can bundle together the services that they need and not purchase the entire system.
b. service-oriented architecture
With _________________, on-demand IT services are provided over the Internet.
b. service-oriented architecture
If each order cost $500 and the holding cost is $0.75 per item per period, then using the Periodic Order Quantity lot sizing technique, the projected on hand at the end of period 7 is
c. 0.
Given the following Product Structure Record The number of E's required for each A is
c. 12
A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period. If EOQ lot sizing is used the minimum order quantity is
c. 120
A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period. If EOQ lot sizing is used to set the minimum order quantity, then the planned order releases is
c. 120 in period 2 and 120 in period 3
A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period If the periodic order quantity lot sizing rule is used, the number of period's worth of requirements is
c. 2.
Given the following Product Structure Record The number of E's required for each A is
c. 3
Given the following MRP matrix for Item E: The projected on hand quantity at the end of period 3 is
c. 300.
Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period, then using the Periodic Order Quantity lot sizing technique, the planned order release for period 1 is
c. 340.
Given the following Product Structure Record The number of I's required for each A is
c. 6.
Given the following Product Structure Record The number of G's required to assemble 10 A's is
c. 90.
________________________ software plans and executes business processes involving supplier interaction.
c. Supply chain management
A phantom bill of material is used
c. for subassemblies that are immediately consumed in the next stage of production. d
Material requirements planning (MRP) is a useful for all of the following except
c. independent demand items.
Which of the following is not a major input into capacity requirements planning (CRP)?
c. load profiles for each work center
The item master file contains all the following except
c. planned order releases
A load profile displays underloads and overloads.
t
A material requirements planning (MRP) system serves as both an inventory control system and as a production scheduling system
t
A matrix is used to organize and display the information generated by the MRP process.
t
An enterprise resource planning (ERP) system shares information across functional areas.
t
Because the item master file is an input into the MRP process, it should be routinely updated to reflect any revisions or changes.
t
Capacity requirement planning (CRP) converts the material plan into labor and machine workloads.
t
Capacity requirements planning (CRP) projects the load from a given material plan onto the capacity of a system.
t
Cloud computing involves on-demand IT services
t
Customer relationship management (CRM) software plans and executes business processes that involve customer interactions.
t
Customer relationship management systems change the focus from managing products to managing customers.
t
ERP application modules can be used alone or in combination.
t
ERP is beneficial because it transforms transactional data into information that can be used to support decision making
t
Effective capacity is determined by multiplying the rated capacity by utilization and efficiency.
t
Load leveling is used to resolve underloaded and overloaded capacity conditions.
t
Lot sizing rules are used in MRP to determine work or purchase order quantities.
t
Material requirements planning (MRP) is useful for managing and scheduling discrete demand items
t
Material requirements planning (MRP) translates the master production schedule into requirements for components, subassemblies, and raw materials
t
Single-source ERP systems are often easier to integrate than systems built using the best-in-breed approach
t
The master production schedule (MPS) is a major input for the MRP process.
t
The quantities displayed on a master production schedule represent production and not actual demand
t
The quantities reported on a master production schedule may reflect a combination of actual and forecasted demand.
t
The total length of time required to manufacture a product is called its cumulative lead time.
t