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Exam 15: Resource Planning

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Question 41

Multiple Choice

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Which of the following is not a major input into capacity requirements planning (CRP) ?

A) planned order releases
B) routing file
C) load profiles for each work center
D) open orders file

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Question 42

Multiple Choice

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A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period. If L4L ordering is used the planned order releases would be

A) 40 in period 1 and 0 in period 3
B) 80 in period 2 and 60 in period 3
C) 60 in period 2 and 80 in period 3
D) 0 in period 1 and 40 in period 3

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Question 43

Multiple Choice

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______________ is a lot sizing technique that orders for multiple demand periods is referred to as

ERP application modules can be used alone or in combination.

One objective of material requirements planning (MRP)is to utilize all available capacity.

Capacity requirements planning (CRP)projects the load from a given material plan onto the capacity of a system.

The master production schedule (MPS)is a major output of the MRP process.

A phantom bill of material is used

Given the following Product Structure Record The number of E's required for each A would be

Planned order releases at one level of a product structure generate gross requirements at the next level.

A firm has the following gross requirements for Item F.If ordering costs are $60 per order and carrying costs are $0.50 per period. If the periodic order quantity lot sizing rule is used,then planned order releases in Period 2 would be

A matrix is used to organize and display the information generated by the MRP process.

Given the following Product Structure Record The number of D's required for each A would be

Firms that successfully implement an MRP system no longer require cycle counting of inventory.

Customer relationship management (CRM)software plans and executes business processes that involve customer interactions.

Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period,then using the Periodic Order Quantity lot sizing technique,the Planned Order Release for period 4 would be

An enterprise resource planning (ERP)system shares information across functional areas.

Given the following Product Structure Record The number of E's required for each A would be

Given the following MRP matrix for Item C: If each order cost $500 and the holding cost is $0.75 per item per period,the periodic order quantity would be

37.All of the following are inputs into the MRP process except