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Exam 17: Material Requirements Planning MRP and ERP

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Question 31

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Each R requires 2 of component S and 1 of part T. The lead time for assembly of R is 3 days. The lead time for the manufacture of S is 5 days. The lead time for the manufacture of T is 10 days. The cumulative lead time for R is __________ days.

A) 6
B) 9
C) 13
D) 17
E) cannot be determined

F) D) and E)
G) A) and B)

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Question 32

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What are time fences? Why are they used?

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Time fences allow a segment of...

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Question 33

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Which of the following regarding enterprise resource planning (ERP) is true?

Describe finite capacity scheduling. How is it more realistic than MRP?

MRP is generally practiced on items with dependent demand.

The quantity required of a dependent demand item is computed from the demand for the final products in which the item is used.

Effective use of MRP and other dependent demand models does not require which of the following?

Wheeled Coach uses __________ as the catalyst for low inventory, high quality, tight schedules, and accurate records.

The __________ is the input to material requirements planning which lists the assemblies, subassemblies, parts, and raw materials needed to produce one unit of finished product.

While ERP may provide a strategic advantage over competitors, it is so complex that many companies cannot adjust to it.

MRP is an excellent tool for scheduling products with variable lead times.

One of the tools that is particularly useful in reducing the system nervousness in the MRP system is (are)

Consider the following bill of material. Forty units of Product A are needed. Assuming no on-hand inventory, and no scheduled receipts, explode the bill of material.

A company is trying to implement MRP but is having trouble determining which order sizing method will minimize costs. Setup cost is $200 and holding cost is $2/period. If each period is 1 week, gross requirements are 270 units per 10 weeks, and there are 6 planned order releases for every 10 weeks, calculate the cost for lot-for-lot compared to EOQ for an entire year. Assume that EOQ and lot-for-lot are computed as though the usage will occur continually throughout the year.

Four A washers, Five B washers, Two C bolts, and a D bolt are required to make one Grill parts kit. If 100 grill part kits are needed how many more washers will be consumed than bolts?

Distortion in MRP systems can be minimized when safety stock is held at the

Firms may discover that, rather than adapting ERP to the way they do business, they have to adapt the way they do business to accommodate the ERP software.

If a load report (resource requirements profile) shows a work center scheduled beyond capacity

Which of the following is False concerning enterprise resource planning (ERP) ?

The MPS calls for 50 units of Product A and 60 of B. There are currently 35 of Product B on hand. Each A requires 2 of Part C; each B requires 5 of C. There are 160 units of C available. a. Calculate the net requirements for B. b. Calculate the gross requirements for C. c. Calculate the net requirements for C.