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

A) True
B) False

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Refer to this product tree: Refer to this product tree:   If 17 Ps are needed, and no on-hand inventory exists for any items, how many Cs will be needed? A)  8 B)  16 C)  136 D)  204 E)  272 If 17 Ps are needed, and no on-hand inventory exists for any items, how many Cs will be needed?


A) 8
B) 16
C) 136
D) 204
E) 272

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

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

A) True
B) False

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The _________ of ERP makes it valuable as a strategic planning tool.


A) Internet base
B) rapid batch capability
C) employee focus
D) real-time aspect
E) database structure

F) None of the above
G) C) and D)

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The output of MRP is:


A) gross requirements.
B) net requirements.
C) a schedule of requirements for all parts and end items.
D) inventory reorder points.
E) economic order quantities and reorder points.

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

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A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is:


A) computer-aided manufacturing.
B) computer-integrated manufacturing.
C) economic order quantity.
D) material requirements planning.
E) economic run size.

F) A) and B)
G) A) and E)

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A net-change MRP system is one that is updated periodically but not less frequently than once a week.

A) True
B) False

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Refer to this product tree: 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? A)  340 B)  350 C)  380 D)  400 E)  590 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?


A) 340
B) 350
C) 380
D) 400
E) 590

F) None of the above
G) B) and D)

Correct Answer

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Under lot-for-lot, order sizes for component parts are essentially determined directly from which one of the following?


A) gross requirements
B) net requirements
C) economic order quantity
D) gross requirements and net requirements
E) net requirements and amount on hand

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

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