Question 1

_______________ assumes that we make enough of everything to build the required quantity, ignoring beginning inventory.

Accepted Answer

RCCP (Roug...

Question 2

ERP modules are fully integrated.

Accepted Answer

A) True 
 B)False

Question 3

An error in replenishment ordering can result from a(n)  _____________________________.

Accepted Answer

A)   inaccuracy in the inventory records file
B)   breakdown of equipment
C)   expediting of an order
D)   circumstance of working excessive overtime
E)   error in accounts receivablesF) A) and D)
G) B) and E)

Question 4

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 5

Scheduled receipts are replenishment orders that have been placed but not yet received.

Accepted Answer

A) True 
 B)False

Question 6

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) A) and D)
G) C) and D)

Question 7

For every scheduled receipt in an MRP table, there is also in the organization a(n)  __________________.

Accepted Answer

A)   shop floor order
B)   order that has been placed but not yet been received
C)   planned order
D)   period order
E)   dispatch listF) B) and E)
G) D) and E)

Question 8

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 9

_______________ MRP is an MRP system that includes production planning, master production scheduling, and capacity requirements planning.

Accepted Answer

A)   Fully-integrated
B)   Closed-loop
C)   Open-loop
D)   Wide-range
E)   EnterpriseF) C) and D)
G) A) and B)

Question 10

Dell practices _____________________________.

Accepted Answer

A)   focused customization
B)   make to stock production
C)   mass merchandising
D)   mass customization
E)   frozen assembly schedulesF) B) and C)
G) C) and D)

Question 11

Supply chain intelligence enables strategic decision-making along the supply chain.

Accepted Answer

A) True 
 B)False

Question 12

When there is insufficient inventory to satisfy the forecast for a particular period a(n)  _____________ order must be placed.

Accepted Answer

A)   BOM
B)   restock
C)   inventory request
D)   MPS
E)   MRPF) A) and E)
G) A) and B)

Question 13

Which of the following is not true concerning indented bills of materials?

Accepted Answer

A)   Subsequent levels are indented further to the right.
B)   Children are indented toward the right.
C)   The highest level parents are closest to the left margin.
D)   Quantity required is shown for each part number.
E)   Lead times determine how far children are indented.F) D) and E)
G) A) and B)

Question 14

Which of the following is not a lot size rule?

Accepted Answer

A)   lot for lot
B)   fixed order quantity
C)   overall factors
D)   least total costs
E)   parts period balancingF) B) and D)
G) None of the above

Question 15

_________________ uses planned order releases from the MRP, which considers beginning inventory.

Accepted Answer

CRP (Capac...

Question 16

The authorized MPS is a statement of ______________________________.

Accepted Answer

A)   manufacturing orders that have been authorized for release to the shop floor
B)   which workers are authorized to work on which machines
C)   what the company expects to build and when it expects to build it
D)   authorized payments to vendors
E)   where different end products are authorized to be manufacturedF) All of the above
G) B) and D)

Question 17

The cumulative lead time is _______________________________.

Accepted Answer

A)   the sum of the lead times for all the components
B)   the sum of the lead time and the safety time
C)   the number of time buckets used in the MRP
D)   the longest route in terms of time from the low level items to the end item in the product structure tree
E)   lead time less the safety timeF) None of the above
G) B) and E)

Question 18

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) A) and B)
G) A) and C)

Question 19

In the mid-1970s, MRPII was developed. One of its major components is:

Accepted Answer

A)   leadership
B)   inventory management
C)   operations execution
D)   strategic management
E)   marketingF) B) and D)
G) A) and B)

Question 20

What proportion of U.S. companies with greater than $1 billion in annual revenues has implemented ERP?

Accepted Answer

A)   10%
B)   20%
C)   40%
D)   75%
E)   95%F) A) and D)
G) B) and D)

Exam 14: Resource Planning

_______________ MRP is an MRP system that includes production planning, master production scheduling, and capacity requirements planning.

Correct AnswerverifiedShow Answer

_________________ uses planned order releases from the MRP, which considers beginning inventory.

Correct AnswerverifiedCRP (Capac...View AnswerShow Answer

_______________ assumes that we make enough of everything to build the required quantity, ignoring beginning inventory.

Correct AnswerverifiedRCCP (Roug...View AnswerShow Answer

Which ERP module includes work-flow analysis?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Scheduled receipts are replenishment orders that have been placed but not yet received.

Correct AnswerverifiedShow Answer

An error in replenishment ordering can result from a(n) _____________________________.

Correct AnswerverifiedShow Answer

When there is insufficient inventory to satisfy the forecast for a particular period a(n) _____________ order must be placed.

Correct AnswerverifiedShow Answer

Which of the following is not true concerning indented bills of materials?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The cumulative lead time is _______________________________.

Correct AnswerverifiedShow Answer

Supply chain intelligence enables strategic decision-making along the supply chain.

Correct AnswerverifiedShow Answer

Which of the following is not a lot size rule?

Correct AnswerverifiedShow Answer

In the mid-1970s, MRPII was developed. One of its major components is:

Correct AnswerverifiedShow Answer

What proportion of U.S. companies with greater than $1 billion in annual revenues has implemented ERP?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

ERP modules are fully integrated.

Correct AnswerverifiedShow Answer

Dell practices _____________________________.

Correct AnswerverifiedShow Answer

For every scheduled receipt in an MRP table, there is also in the organization a(n) __________________.

Correct AnswerverifiedShow Answer

The authorized MPS is a statement of ______________________________.

Correct AnswerverifiedShow Answer

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CRP (Capac...
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RCCP (Roug...
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