Question 1

The MRP input that states which end items are to be produced,when they are needed,and what quantities are needed,is the

Accepted Answer

The Master Production Schedule (MPS) is the MRP input that specifies which end items are to be produced, when they are needed, and in what quantities. It serves as a plan for the production and provides a schedule of finished goods to meet demand.

Question 2

The feasibility check of a Materials Requirement Plan (MRP)is

Accepted Answer

The detailed capacity plan is used to check the feasibility of a Materials Requirement Plan (MRP) by ensuring that the necessary resources are available to meet the production schedule.

Question 3

The element of the MRP record which is the amount of an item required to satisfy gross requirements after taking scheduled receipts and projected inventory in account is called

Accepted Answer

Net requirements in MRP (Material Requirements Planning) are calculated by subtracting the projected inventory and scheduled receipts from the gross requirements. This figure represents the actual amount needed to be produced or ordered to meet demand.

Question 4

Which of the following is not an input for the Materials Requirements Plan (MRP)?

Accepted Answer

The Production Activity Report is an output of the MRP process, not an input. The inputs include the Bill of Materials, Master Production Schedule, and Inventory Status File, which are used to calculate material requirements.

Question 5

Discuss the security implications of cloud-based ERP systems

Accepted Answer

The answer of Discuss the security implications of cloud-based ERP...

Question 6

The typical time horizon for Materials Requirements Planning (MRP)is

Accepted Answer

The answer of The typical time horizon for Materials Requirements...

Question 7

A visual depiction of the subassemblies and components that are needed to produce and/or assemble a product is called a(n):

Accepted Answer

A product structure tree visually represents the subassemblies, components, and parts that are needed to produce and/or assemble a product, showing the hierarchy and relationship between different parts.

Question 8

The system that is used to manage the entire firm including the individual business functions like finance,production,human resources and accounting is called the ________ system.

Accepted Answer

The answer of The system that is used to manage...

Question 9

The database which has information about when items will be in stock is the

Accepted Answer

The inventory status file contains detailed information about the current status of inventory, including quantities on hand, on order, and when items will be back in stock, making it the correct choice for tracking when items will be in stock.

Question 10

The capacity strategy where capacity is increased at relatively the same rate that demand increases is called ________.

Accepted Answer

The answer of The capacity strategy where capacity is increased...

Question 11

An inventory management approach based on regularly scheduled counts of different classes of inventory is known as

Accepted Answer

Cycle Counting is an inventory management approach that involves regularly scheduled counts of different classes of inventory to ensure accuracy and to identify discrepancies early.

Question 12

The element of the MRP record which is the quantity required for an item at the end of each period to meet customer requirements is called

Accepted Answer

Gross requirements in an MRP record represent the total demand for an item, including the quantity needed to meet customer orders and demand from higher-level assemblies within a specific period.

Question 13

Large-scale capacity expansion with the expectation of high customer demand is called ________.

Accepted Answer

The answer of Large-scale capacity expansion with the expectation of...

Question 14

A data file that shows how a product is manufactured,including what components are used in the manufacture of the finished product with required quantities,is the

Accepted Answer

The Bill of Materials (BOM) is a comprehensive list that outlines the components, parts, and materials required to manufacture a product, including the quantities of each needed to produce a finished product.

Question 15

The system that is used to manage the entire firm including the individual business functions like finance,production,human resources and accounting is called the master resource planning system.

Accepted Answer

The system used to manage the entire firm including individual business functions like finance, production, human resources, and accounting is called Enterprise Resource Planning (ERP) system, not master resource planning system.

Question 16

The table below provides information about demand for three products from a SOP plan for the coming quarter.Also provided are standard hours for the three products,which do not include different possible product variations.Assuming the company has 40,000 labor hours available in the coming quarter,determine the feasibility of this plan using Rough-Cut Capacity Planning (RCCP).

Accepted Answer

The answer of The table below provides information about demand...

Question 17

The ratio of actual output to design capacity is called ________.

Accepted Answer

The answer of The ratio of actual output to design...

Question 18

The ratio of actual output to actual capacity is called ________.

Accepted Answer

The answer of The ratio of actual output to actual...

Question 19

The capacity strategy where capacity is only increased when increasing demand justifies the increase in capacity is called ________.

Accepted Answer

The answer of The capacity strategy where capacity is only...

Question 20

The element of the MRP record which is the quantity that has already been ordered and will be received at the beginning of the period is called

Accepted Answer

Scheduled receipts are the quantity of an item that has already been ordered and is expected to be received at the beginning of the period in question. This is a key element in Material Requirements Planning (MRP) records, as it helps in determining the net requirements for materials by accounting for what is already on its way to the facility.

Quiz 10: Sales and Operations Planning and Enterprise Resource Planning