Question 1

The time interval necessary to either manufacture or purchase an item is its ______________.

Accepted Answer

A)  time fence
B)  lead time
C)  safety time
D)  time bucket
E)  receipt timeF) A) and B)
G) All of the above

Question 2

Companies use ____________ to check that enough work is scheduled for operations and that the amount of work scheduled is feasible.

Accepted Answer

A)  capacity management
B)  closed-loop requirements planning
C)  cut requirements planning
D)  capacity resources planning
E)  capacity requirements planningF) B) and D)
G) C) and D)

Question 3

Independent demand is the demand for ______________.

Accepted Answer

A)  finished products
B)  subassemblies
C)  parts
D)  raw materials
E)  componentsF) A) and E)
G) A) and D)

Question 4

If an order is not scheduled to arrive in time, the planner tries to cancel the order.

Accepted Answer

A) True 
 B)False

Question 5

Which ERP module includes work-flow analysis?

Accepted Answer

A)  finance and accounting
B)  information systems
C)  sales and marketing
D)  production and materials management
E)  human resourcesF) All of the above
G) A) and B)

Question 6

The lead time can be less than the cumulative lead time when the company has inventory on hand.

Accepted Answer

A) True 
 B)False

Question 7

The authorized MPS is a statement of what the company expects to build and when it expects to build it.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following does not share a common ERP database?

Accepted Answer

A)  internal to the organization
B)  suppliers
C)  customers
D)  the supply chain
E)  CEO strategic planF) C) and D)
G) B) and C)

Question 9

Given the following data:

The end product J is made from components K and L. The authorized MPS calls for 10 J to be completed in week 4 and 30 J to be completed in week 7.
(a)What are the gross requirements for K and L?
(b)What are the planned orders for K and L?

Accepted Answer

(a)for K - 30 in week 1 and 90...

Question 10

ERP systems are more commonly found in small companies than in large ones.

Accepted Answer

A) True 
 B)False

Question 11

Information that may be contained in the inventory records file includes all except which of the following?

Accepted Answer

A)  part numbers
B)  run times for manufactured parts
C)  part names
D)  lead times
E)  safety stock requirementsF) B) and D)
G) B) and E)

Question 12

Material requirements planning is an information system designed to integrate internal and external members of the supply chain.

Accepted Answer

A) True 
 B)False

Question 13

Name some lot size rules.

Accepted Answer

least unit cost, least total c...

Question 14

Use the following data for questions 
 
-For the data provided determine the Inventory Record using a FOQ lot size rule for the hinge.

Accepted Answer

The answer of Use the following data for questions 
...

Question 15

When there is insufficient inventory to cover the gross requirements for a period

Accepted Answer

A)  an MRP is placed
B)  an ERP is placed
C)  a planned order is placed
D)  a scheduled order is placed
E)  a rush order occursF) A) and C)
G) C) and E)

Question 16

What does ERP stand for?

Accepted Answer

A)  educational resources planning
B)  end routing procedure
C)  enterprise reliability production
D)  enterprise resource planning
E)  easy resource planningF) C) and D)
G) B) and D)

Question 17

Different lot size rules determine the quantity of the order and __________________.

Accepted Answer

A)  the quality
B)  change the frequency of replenishment orders
C)  how projected available is calculated
D)  the lead time
E)  the backorder costF) A) and B)
G) A) and C)

Question 18

ERP modules are fully integrated.

Accepted Answer

A) True 
 B)False

Question 19

A(n)__________ sets up and runs ERP systems.

Accepted Answer

Applicatio...

Question 20

Computer programs that are designed to improve supply chain decision making are called __________________ software.

Accepted Answer

Supply Cha...

Exam 14: Resource Planning

The authorized MPS is a statement of what the company expects to build and when it expects to build it.

Correct AnswerverifiedShow Answer

If an order is not scheduled to arrive in time, the planner tries to cancel the order.

Correct AnswerverifiedShow Answer

Computer programs that are designed to improve supply chain decision making are called __________________ software.

Correct AnswerverifiedSupply Cha...View AnswerShow Answer

Which of the following does not share a common ERP database?

Correct AnswerverifiedShow Answer

Use the following data for questions -For the data provided determine the Inventory Record using a FOQ lot size rule for the hinge.

Correct AnswerverifiedShow Answer

Different lot size rules determine the quantity of the order and __________________.

Correct AnswerverifiedShow Answer

The lead time can be less than the cumulative lead time when the company has inventory on hand.

Correct AnswerverifiedShow Answer

What does ERP stand for?

Correct AnswerverifiedShow Answer

Information that may be contained in the inventory records file includes all except which of the following?

Correct AnswerverifiedShow Answer

When there is insufficient inventory to cover the gross requirements for a period

Correct AnswerverifiedShow Answer

Companies use ____________ to check that enough work is scheduled for operations and that the amount of work scheduled is feasible.

Correct AnswerverifiedShow Answer

ERP modules are fully integrated.

Correct AnswerverifiedShow Answer

Name some lot size rules.

Correct Answerverifiedleast unit cost, least total c...View AnswerShow Answer

The time interval necessary to either manufacture or purchase an item is its ______________.

Correct AnswerverifiedShow Answer

Independent demand is the demand for ______________.

Correct AnswerverifiedShow Answer

Given the following data: The end product J is made from components K and L. The authorized MPS calls for 10 J to be completed in week 4 and 30 J to be completed in week 7. (a)What are the gross requirements for K and L? (b)What are the planned orders for K and L?

Correct Answerverified(a)for K - 30 in week 1 and 90...View AnswerShow Answer

Which ERP module includes work-flow analysis?

Correct AnswerverifiedShow Answer

Material requirements planning is an information system designed to integrate internal and external members of the supply chain.

Correct AnswerverifiedShow Answer

A(n)__________ sets up and runs ERP systems.

Correct AnswerverifiedApplicatio...View AnswerShow Answer

ERP systems are more commonly found in small companies than in large ones.

Correct AnswerverifiedShow Answer

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Supply Cha...
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least unit cost, least total c...
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(a)for K - 30 in week 1 and 90...
View Answer

Correct Answer
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Applicatio...
View Answer

Correct Answer
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