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Exam 17: MRP and ERP

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Question 31

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Capacity requirements planning is an important feature in MRP.

A) True
B) False

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Question 32

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Successful implementation of an effective MRP system depends upon: (1) the recognition of the difference between independent and dependent demand, and (2) :

A) computers.
B) development of the EOQ model.
C) inventory control systems.
D) blanket purchase orders.
E) the Internet.

F) All of the above
G) B) and C)

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Question 33

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When MRP II systems include feedback to revise a plan that is not feasible, they are known as:

The master production schedule states which end items are to be produced, in addition to when and how many.

Refer to this product tree: If 40 Ps are needed, and on-hand inventory consists of 15 Ps and 10 each of all other components and subassemblies, how many Cs are needed?

Low-level coding represents items less than $18 per unit.

Bunny Helpers, Inc., has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of week 6. An MRP planner has prepared the following table showing product structure, lead times (orders are lot-for-lot) , and quantities on hand: $\begin{array} { l c c } \text { Deluxe Easter Basket BOM } & \text { Lead Time } & \text { On-Hand } \\\text { Deluxe Easter Basket } & 1 \text { week } & 10 \\\text { Dark Chocolate Truffles (2 per) } & 2 \text { weeks } & 30 \\\text { Carved Chocolate Eggs (4 per) } & 1 \text { week } & 50\end{array}$ Each Deluxe Basket contains two dark chocolate truffles and four carved chocolate eggs. If the firm is using a fixed-period lot size of two periods, what is the order size for the first order?

In MRP, scheduled receipts are:

The bill of materials indicates how much material will be needed to produce the quantities on a given master production schedule.

In MRP, under lot-for-lot ordering, planned-order receipts are:

ERP began in manufacturing organizations but has spread into service organizations.

In many organizations, information flows much more freely within functions than it does across functions. __________ represents an expanded effort to overcome this tendency.

Which of the following is not usually necessary in order to have an effective MRP system?

Which is true of a net-change system?

Bunny Helpers, Inc., has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of week 6. An MRP planner has prepared the following table showing product structure, lead times (orders are lot-for-lot) , and quantities on hand: $\begin{array} { l c c } \text { Deluxe Easter Basket BOM } & \text { Lead Time } & \text { On-Hand } \\\text { Deluxe Easter Basket } & 1 \text { week } & 10 \\\text { Dark Chocolate Truffles (2 per) } & 2 \text { weeks } & 30 \\\text { Carved Chocolate Eggs (4 per) } & 1 \text { week } & 50\end{array}$ Each Deluxe Basket contains two dark chocolate truffles and four carved chocolate eggs. How many dark chocolate eggs should be ordered?

A bill of materials contains a listing of all the assemblies, parts, and materials needed to produce one unit of an end item.

Initially, the output from MRP may not represent a feasible schedule.

The MRP input storing information on the status of each item by time period (e.g., scheduled receipts, lead time, lot size) is the:

Independent demand tends to be more "lumpy" than dependent demand, meaning that we need large quantities followed by periods of no demand.

MRP, considering inventory position, bills of material, open purchase orders, and lead times guarantees a feasible production plan if the inputs to MRP are accurate.