A) Lead times and standard costs for each item.
B) A complete materials plan for each item.
C) A history of changes and demand patterns for each item.
D) All of the above are typically included.
Correct Answer
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Multiple Choice
A) is another name for a shop floor control system.
B) provides information on job priorities using dispatching rules.
C) supports managers in the adjustment of lead times to meet customer needs.
D) has all of the above features.
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True/False
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Multiple Choice
A) 13
B) 25
C) 31
D) 43
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Multiple Choice
A) 55
B) 190
C) 110
D) 380
E) None of the above.
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Multiple Choice
A) ensure there is adequate capacity to meet the needs of the master production schedule.
B) manage the many orders placed with external suppliers.
C) release and manage orders to make sure they are completed on time.
D) perform all of the above .
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True/False
Correct Answer
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Multiple Choice
A) Forecast is based on past demand.
B) Lot sizing is EOQ.
C) Demand pattern is random.
D) Objective is to meet manufacturing needs.
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Multiple Choice
A) net requirements + on-hand.
B) net requirements of the end item.
C) gross requirements of the immediate part.
D) planned order releases of the immediate parent item.
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Multiple Choice
A) is never needed.
B) is used to provide flexibility to meet changing customer requirements.
C) must provide a 100% service level.
D) is planned at the part level, independent of the safety stock of other parts
Correct Answer
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Multiple Choice
A) Order-point, MRP
B) MRP, order-point
C) EOQ, quantity discount
D) P, Q
Correct Answer
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Multiple Choice
A) purchase orders and S&OP (aggregate planning) .
B) purchase orders and bill of materials.
C) purchase orders and shop orders.
D) shop orders and inventory orders.
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True/False
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Multiple Choice
A) Gross requirements - planned receipts.
B) Gross requirements - (on-hand + scheduled receipts) .
C) Gross requirements - on-hand + scheduled receipts.
D) Gross requirements - planned order releases.
Correct Answer
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Multiple Choice
A) Inventory record.
B) Shop floor control.
C) Capacity planning system.
D) Sales and operations planning system.
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True/False
Correct Answer
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True/False
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Multiple Choice
A) Many firms have insisted their suppliers also install MRP systems.
B) MRP has essentially eliminated the need for engineering change order systems.
C) With MRP, all component, part, and raw material inventories are managed with order-point systems.
D) All of the above are correct.
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Multiple Choice
A) usually are longer than actual working times.
B) ignore interference from other jobs.
C) usually are shorter than actual working times.
D) assume the work is expedited and completed as quickly as possible
Correct Answer
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Multiple Choice
A) MRP is a computer-based inventory planning and control information system designed to handle production scheduling of dependent-demand inventories for batch systems.
B) MRP is designed to determine how much is needed and when the need occurs for items that experience dependent demand (components, subassemblies, parts, and raw materials) .
C) MRP systems are based on a replenishment philosophy, which indicates that material should be ordered when stock runs low.
D) The ordering philosophy of MRP may result in "lumpy" demand for component parts.
Correct Answer
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