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Product A is made from 2 Bs and 1 C. Lead times for A, B, and C are 2, 1, and 2 weeks respectively. Currently there are 2 Bs and 5 Cs on hand, with 5 of each scheduled to arrive at the end of week 1. If 20 As are needed during week 5, can the order be completed (it is the start of week 0 currently)?

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To produce 20 As requires 40 Bs and 20 C...

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Blockchain software replaces paper-based transaction records with digital-based records to reduce the complexity of what?


A) tax reporting
B) tracking documentation
C) employee time reports
D) MRP systems
E) daily sales reports

F) C) and D)
G) B) and E)

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Closed-loop MRP systems allow production planners to move work between time periods to smooth the load or to at least bring it within capacity.

A) True
B) False

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It is week 1 and there are currently 20 As in stock. We need 300 As at the start of week 5. If there are scheduled receipts planned for week 3 and week 4 of 120 As each and A has a lead time of 2 weeks, when and how large of an order should be placed to meet the requirement of 300 As?


A) Week 1, 300 As
B) Week 3, 40 As
C) Week 5, 40 As
D) Week 4, 40 As
E) Week 4, 300 As

F) A) and E)
G) A) and D)

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Consider the following product structure. Consider the following product structure.   If the demand for product A is 50 units, how many units of component D will be needed? A)  50 B)  100 C)  150 D)  200 E)  300 If the demand for product A is 50 units, how many units of component D will be needed?


A) 50
B) 100
C) 150
D) 200
E) 300

F) A) and D)
G) A) and B)

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Fourteen A washers, five B washers, three C washers, two D bolts, and eight E bolts are required to make one grill parts kit. If 100 grill parts kits are needed, how many more washers will be consumed than bolts?

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Using MRP explosion gives A = 1400, B = ...

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Each X requires 2 of component Y and 1 of part W. Each Y requires 10 of Z. Each W requires 3 of Q and 2 of R. Lead times are X = 1 week, Y = 1 week, W = 2 weeks, R = 1 week, Z = 3 weeks, and Q = 3 weeks. Construct the time-phased product structure.

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The minimum record accuracy required for successful MRP is approximately which of the following?


A) lower than 90%
B) 90%
C) 95%
D) 97%
E) 99%

F) A) and C)
G) C) and D)

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"Phantom bills" are bills of material for subassemblies that do not exist in reality.

A) True
B) False

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Which of the following best describes a gross material requirements plan?


A) a schedule that shows total demand for an item, and when it must be ordered from a supplier or when production must be started
B) an intermediate range plan for the scheduling of families of products
C) a chart illustrating whether capacity has been exceeded
D) a table that corrects scheduled quantities for inventory on hand
E) a schedule showing which products are to be manufactured and in what quantities

F) A) and B)
G) A) and C)

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What do we mean by closed-loop MRP?

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It's a system that provides fe...

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Effective use of MRP and other dependent demand models does NOT require which of the following?


A) master production schedule
B) bill of materials
C) inventory availability
D) lead times
E) cost of individual components

F) A) and E)
G) A) and C)

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Gross material requirements do not take into account the amount of inventory on hand.

A) True
B) False

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What are time fences? Why are they used?

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Time fences allow a segment of...

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DRP is a time-phased stock-replenishment plan for all levels of a distribution network.

A) True
B) False

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What does enterprise resource planning (ERP) allow an organization to do?

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It allows the organization to automate a...

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Which of the following statements regarding the gross material requirements plan is TRUE?


A) It shows total demand for an item.
B) It shows when an item must be ordered from a supplier or when production must be started.
C) It combines a master production schedule with the time-phased schedule.
D) It requires several inputs, including an accurate bill of material.
E) All of these are true.

F) C) and E)
G) B) and D)

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An order for 150 units of Product M has been made. There are currently 30 units of Product M on hand. Each M requires 8 units of Component N. There are 200 units of N on hand. (a) Calculate the net requirements for M. (b) Calculate the gross requirements for N. (c) Calculate the net requirements for N.

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(a) 150 - 30 = 120; ...

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Which of the following lot-sizing techniques results in the lowest holding costs?


A) lot-for-lot
B) EOQ
C) POQ
D) Wagner-Whitin algorithm
E) the quantity discount model

F) A) and D)
G) B) and D)

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MRP can be effective only if very accurate lot sizes are calculated in advance.

A) True
B) False

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