Question 1

The multiplication process used by MRP to determine lower-level requirements is called

Accepted Answer

A)  time-phasing.
B)  pegging.
C)  netting.
D)  projecting.
E)  exploding.F) B) and D)
G) B) and C)

Question 2

Lot-for-lot ordering in MRP minimizes holding costs for parts that are carried over to other periods.

Accepted Answer

A) True 
 B)False

Question 3

_______ is choosing how many to order or make each time an order is planned.

Accepted Answer

A)  Quantity determination
B)  Package sizing
C)  Lot sizing
D)  Grouping
E)  AggregationF) A) and D)
G) C) and D)

Question 4

In MRP, the gross requirements of a given component part are calculated directly from

Accepted Answer

A)  net requirements + projected on-hand inventory.
B)  gross requirements of the immediate parent.
C)  planned order releases of the end item.
D)  net requirements of the end item.
E)  planned order releases of the immediate parent.F) B) and D)
G) B) and C)

Question 5

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

Accepted Answer

A)  master production schedule.
B)  bill of materials.
C)  inventory records.
D)  assembly time chart.
E)  net requirements chart.F) A) and C)
G) C) and E)

Exam 13: MRP and ERP

In MRP, the gross requirements of a given component part are calculated directly from

Correct Answer
verified

_______ is choosing how many to order or make each time an order is planned.

Correct Answer
verified

The multiplication process used by MRP to determine lower-level requirements is called

Correct Answer
verified

Lot-for-lot ordering in MRP minimizes holding costs for parts that are carried over to other periods.

Correct Answer
verified

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

Correct Answer
verified

Exam 13: MRP and ERP

In MRP, the gross requirements of a given component part are calculated directly from

Correct AnswerverifiedShow Answer

_______ is choosing how many to order or make each time an order is planned.

Correct AnswerverifiedShow Answer

The multiplication process used by MRP to determine lower-level requirements is called

Correct AnswerverifiedShow Answer

Lot-for-lot ordering in MRP minimizes holding costs for parts that are carried over to other periods.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified