MRP with a new set of computer programs that execute on micro-computersĬ. item unit cost should be relatively smallī. future demand should be known for several weeksĭ. What lot sizing technique is generally preferred when inventory holding costs areįor the lot-for-lot lot-sizing technique to be appropriateĪ. Which of the following lot-sizing-techniques results in the lowest holding costs? The quantity and gross requirements for a child item is always equal to the quantity of The quantity of gross requirements for a child item is always equal to the quantity ofĭ. The quantity of gross requirements for a child item is equal to the quantity of netįor its parent(s) multiplied by the number of child items used in the parent assembly.Ĭ. The quantity of gross requirements for a child item is always equal to the quantity ofī. Which of the following statements is true about the MRP plan when using lot-for-lotĪ.
the costs associated with alternative plans 6 the quantity and timing of planned order releasesĭ. the quantities of the product families that need to be producedī. to minimize labor hours used in productionĪ. One of the tools that is particularly useful in reducing the system nervousness inĪ major strength of MRP is its capabilityĪ. management's marking part of the master production schedule as 'not to be management's attempt to continually respond to minor changes in productionĬ. Linking a part requirement with the parent component that caused theĪ. The number of units projected to be available at the end of each time period refers the capacity needed to provide the projected output rate signals the need for a negative Planned Order Receipt in that periodĪ material requirements plan contains information with regard to all of theĬ. implies that value was scheduled by the MPSĬ. signals the need to purchase that end item in that periodī. Requirements of an end item in a specific time bucketĪ. In MRP record calculations, the appearance of a negative value for the gross Each A requires 4 of Part B, there are 20 units of B available. The MPS calls for 110 units of Product A, there are currently 60 of Product A on Each A requires 2 of Part C each B requires 5 ofC. The MPS calls for 50 units of Product A and 60 ofB. If the demand for product A is 50 units, what will be the gross requirement for component Modular bills represent subassemblies that actually exist and are inventoried, whileīills represent subassemblies that exist only temporarily and are not inventorieD. Both pertain to assemblies that are inventorieD.ĭ. There is no difference between the two.Ĭ. Both pertain to assemblies that are not inventorieD.ī. Which of the following statements best compares modular bills and phantom bills?Ī. convert gross requirements into net requirements calculate quantities on hand and on orderĬ. convert (explode) net requirements at one level into gross requirements at the nextī. The bill of materials contains information necessary toĪ. Number of different final products is to use One way to facilitate production scheduling and production in firms making a large components, ingredients, and materials required to produce an itemĭ. times needed to perform all phases of productionĬ. Subassemblies, parts and raw materials needed to produce one unit of finished product.Ī. The _ is the input to Materials Requirements Planning which lists the The following table is an example of a(n) In job shop (make-to-order) operations, the master production schedule is usually In continuous (make-to-stock) operations, the master production schedule is usually inventory on hand for each sub-assemblyĭ. quantities and required delivery dates of final productsĬ. quantities and required delivery dates of all sub-assembliesī.
When they are needed, and in what quantities.Ī master production schedule contains information aboutĪ. The _ is(are) the MRP input detailing which end items are to be produced, the financial resources required for productionī. the need for dependent-demand items is calculatedĪ. the need for independent-demand items is forecastedĬ. for any product, all components are dependent-demand itemsī. there is a clearly identifiable parentĭependent demand and independent demand items differ in thatĪ. the finished products are mostly services (rather than goods)ĭ. 40 Top ERP Multiple Choice Questions and Answersīelow are the list of top 40 ERP multiple choice questions and answers for freshersĮRP Multiple Choice Questions and Answersĭemand for a given item is said to be dependent ifĬ.
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