Question 1

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

Accepted Answer

A)  1,200
B)  1,300
C)  1,150
D)  2,450
E)  None of theseF) A) and B)
G) A) and C)

Question 2

We would expect to see which of the following in an MRP system's inventory status file?

Accepted Answer

A)  End items produced
B)  Late/early delivery records
C)  Scrap parts
D)  Labor efficiency
E)  Computer errorsF) A) and B)
G) B) and D)

Question 3

A product tree can do which of the following?

Accepted Answer

A)  Help to compute component usage.
B)  Reduce product scrap.
C)  Reduce labor overtime.
D)  Reduce regular time labor.
E)  Locate raw material supplies.F) B) and C)
G) A) and E)

Question 4

Which of the following can be used for lot sizing in an MRP system?

Accepted Answer

A)  Low-level coding
B)  Time bucket size
C)  Least unit cost
D)  Inventory record file
E)  Peg inventoryF) A) and C)
G) None of the above

Question 5

Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering)  costs for various lot sizes and then selects the lot size in which these are most nearly equal?

Accepted Answer

A)  Kanban
B)  Just-in-time system
C)  MRP
D)  Least unit cost
E)  Least total costF) B) and E)
G) A) and E)

Question 6

Which of the following is an input file necessary to run an MRP system?

Accepted Answer

A)  Bill of materials (BOM)  file
B)  Quality management report
C)  Exception reports
D)  Planned-order schedules
E)  Purchasing contractsF) A) and C)
G) A) and D)

Question 7

The time-phased plan specifying how many and when the firm plans to build each end item is called the master production schedule (MPS).

Accepted Answer

A) True 
 B)False  True

Question 8

Which of the following is considered a secondary report in an MRP system?

Accepted Answer

A)  Planned order schedule
B)  Exceptions reports
C)  Inventory record
D)  Firm orders from known customers
E)  Engineering change reportsF) None of the above
G) C) and D) B

Question 9

MRP is based on dependent demand.

Accepted Answer

A) True 
 B)False

Question 10

The MRP program performs its analysis from the bottom up of the product structure trees, imploding requirements level by level.

Accepted Answer

A) True 
 B)False

Question 11

A master production schedule is an input to a material requirements planning (MRP) system.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following industry types have high expected benefits from the application of MRP?

Accepted Answer

A)  Fabricate-to-order
B)  Hospitals
C)  Assemble-to-order
D)  Aircraft manufacturers
E)  Oil refineriesF) B) and E)
G) A) and E)

Question 13

Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size, picking the lot size with the lowest unit cost?

Accepted Answer

A)  Economic order quantity
B)  Lot-for-lot
C)  Least total cost
D)  Least unit cost
E)  Inventory item averagingF) A) and B)
G) D) and E)

Question 14

Net change MRP reflects the exact status of each item managed by the system in "real time."

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is not a lot-sizing technique used in MRP systems?

Accepted Answer

A)  Lot-for-lot (L4L) 
B)  Economic order quantity (EOQ) 
C)  Least total cost (LT
C)  
D)  Least unit cost (LU
C)  
E)  Warehouse loading factor (WLF) F) B) and E)
G) D) and E)

Question 16

An input to the material requirements planning (MRP) system is an exception report.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following files allows us to retrace a material requirement upward in the product structure through each level, identifying each parent item that created the demand?

Accepted Answer

A)  Planning bill of materials file
B)  Modular bill of materials file
C)  Super bill of materials file
D)  Exception report file
E)  Peg record fileF) A) and B)
G) A) and C)

Question 18

Which of the following is an input to the master production schedule?

Accepted Answer

A)  Prototype products from product development
B)  Aggregate component schedule
C)  Peg reports
D)  Exception reports
E)  Forecasts of random demand from customersF) A) and B)
G) A) and C)

Question 19

Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering)  costs for various lot sizes and then selects the lot in which these are most nearly equal?

Accepted Answer

A)  Economic order quantity
B)  Lot-for-lot
C)  Least total cost
D)  Least unit cost
E)  ABC analysisF) B) and E)
G) None of the above

Question 20

Which of the following is the net requirement using an MRP program if the gross requirement is 1,000 and the inventory on hand is 500?

Accepted Answer

A)  1,000
B)  950
C)  500
D)  400
E)  350F) B) and E)
G) A) and E) C

Exam 21: Material Requirements Planning

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

Correct AnswerverifiedShow Answer

We would expect to see which of the following in an MRP system's inventory status file?

Correct AnswerverifiedShow Answer

A product tree can do which of the following?

Correct AnswerverifiedShow Answer

Which of the following can be used for lot sizing in an MRP system?

Correct AnswerverifiedShow Answer

Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot size in which these are most nearly equal?

Correct AnswerverifiedShow Answer

Which of the following is an input file necessary to run an MRP system?

Correct AnswerverifiedShow Answer

The time-phased plan specifying how many and when the firm plans to build each end item is called the master production schedule (MPS).

Correct AnswerverifiedTrue

Which of the following is considered a secondary report in an MRP system?

Correct AnswerverifiedB

MRP is based on dependent demand.

Correct AnswerverifiedShow Answer

The MRP program performs its analysis from the bottom up of the product structure trees, imploding requirements level by level.

Correct AnswerverifiedShow Answer

A master production schedule is an input to a material requirements planning (MRP) system.

Correct AnswerverifiedShow Answer

Which of the following industry types have high expected benefits from the application of MRP?

Correct AnswerverifiedShow Answer

Which of the following is a dynamic lot-sizing technique that adds ordering and inventory carrying cost for each trial lot size and divides by the number of units in each lot size, picking the lot size with the lowest unit cost?

Correct AnswerverifiedShow Answer

Net change MRP reflects the exact status of each item managed by the system in "real time."

Correct AnswerverifiedShow Answer

Which of the following is not a lot-sizing technique used in MRP systems?

Correct AnswerverifiedShow Answer

An input to the material requirements planning (MRP) system is an exception report.

Correct AnswerverifiedShow Answer

Which of the following files allows us to retrace a material requirement upward in the product structure through each level, identifying each parent item that created the demand?

Correct AnswerverifiedShow Answer

Which of the following is an input to the master production schedule?

Correct AnswerverifiedShow Answer

Which of the following is a dynamic lot-sizing technique that calculates the order quantity by comparing the carrying cost and the setup (or ordering) costs for various lot sizes and then selects the lot in which these are most nearly equal?

Correct AnswerverifiedShow Answer

Which of the following is the net requirement using an MRP program if the gross requirement is 1,000 and the inventory on hand is 500?

Correct AnswerverifiedC

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True

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B

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C