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WorksheetsMaterial Mangement
Total questions: 25
Worksheet time: 11mins
Before making plans, an estimate must be made of what conditions will exist over some future period.
Forecast
MRP
MPS
SnOP
Factor that may influence the forecast
Competitive factors
Market trends such as changing demand
Economic conditions
all is true
Forecasts are more accurate for families or groups (end products)
False
True
Forecasts are usually wrong
False
True
Bill of Material (BOM) is an input for ...
Forecast
MPS
MRP
SnOP
The role of MPS in MRP
To determine what to order.
Represents the volume of production that must be manufactured, not the quantity that can be produced.
To determine how much to order.
Must be able to reorganize priorities to keep plans current
Capacity available is the capacity of a system or resource needed to produce a desired output in a given time period.
True
False
Capacity available is the capacity of a system or resource to produce a quantity of output in a given time period.
True
False
Production plan needs long-range capacity
True
False
MPS is a rough-cut capacity plan
True
False
Production activity control is a capacity control in a short-range
True
False
CRP is the process of determining in detail the amount of labor and machine resources needed to achieve the required production.
True
False
Function of inventory
Maintain the number of stock items
Good customer service level
Maintain the continuity of production activity
all is true
Batch Stock or Lot Size Inventory, Fluctuation Stock, and Anticipation Stock are kinds of inventory based on ...
Function
Items
Location
Flow of material
Raw material, Work in process material (WIP), and Finished Goods are kinds of inventory based on ...
Function
Items
Location
Flow of material
Inventory can help to control the uncertainty of demand
true
false
Lead time, frequency, cash on hand, and the quality of goods are the factors that can affect the amount of ...
Finished goods
Inventory
Raw material
Worker
Facilities, insurance, and handling cost are the cost of ...
Carrying Cost
Order Cost
Setup Cost
Shortage Cost
Labor, packing, and delivery cost are the cost of ...
Carrying Cost
Order Cost
Setup Cost
Shortage Cost
Lost of sales, lost of customer, and lost of revenue are the cost of ...
Carrying Cost
Order Cost
Setup Cost
Shortage Cost
Scheduling, lost of customer, and lost of revenue are the cost of ...
Carrying Cost
Order Cost
Setup Cost
Shortage Cost
Pull Strategy is use for ...
Make to order
Make to Stock
Create MRP
Create SnOp
Push Strategy is use for ...
Make to order
Make to Stock
Create MRP
Create SnOp
Push -- allocate supply to each warehouse based on the forecast for each warehouse
True
False
Pull -- Replenish inventory with order sizes based on specific needs of each warehouse
True
False
