Resource Planning
Quiz
•
Business
•
•
Practice Problem
•
Medium
Phương Lê Việt
Used 12+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is true about MRP Systems?
Based on independent demand
Lot sizing is EOQ
Demand pattern is random
Objective is to meet manufacturing needs
Order philosophy is replenishment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which MRP system input element specifies how many and when the firm plans to build each end item?
Inventory records file
Bills-of-material
Master production schedule
Capacity planning
None of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The purposes of a basic MRP system include:
To control inventory levels
To prioritize the need for an item
Plan capacity to load the production system
B and C
A, B, and C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not an advantage of MRP?
Visibility of future inventory orders
Reduced inventory
Reduced idle time
MRP is flexible - easy to veer away from the schedule if need arises
Better response to market demand
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following most closely describes net material requirements?
Gross requirements – Scheduled receipts
Gross requirements – Projected available balance at the end of previous period + Scheduled receipts
Gross requirements – Projected available balance at the end of previous period - Scheduled receipts
Gross requirements – Planned order releases
None of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Planned order receipts and planned order releases in an MRP system will:
Always be equal for all components
Will sometimes be equal for components
Will sometimes be equal to the net requirements
B and C
A and C
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An MRP system that has information feedback from its module output is termed as open-loop MRP system.
True
False
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