the fixed order quantity rule ____ - correct answer ✔✔maintains the same order quantity each time an
order is issued
an end item A is assembled from two (2) B components and two (2) subassembly. the C subassembly is
composed of one of each component B and D. If we need to produce 100 units of A, how many units of
component B is needed? - correct answer ✔✔400
the periodic order quantity (POQ) rule tends to keep more inventory on hand than the lot-for-lot rule,
but less inventory on hand than the fixed order quantity rule - correct answer ✔✔true
which of the following is not needed to develop and MPS? - correct answer ✔✔Bill of materials
for the lot-for-lot lot-sizing technique to be appropriate, ____ - correct answer ✔✔set up costs should be
relatively small
what system helps make calculations regarding the volume and timing of materials needed? - correct
answer ✔✔materials requirements planning
the ____ is the input to MRP which lists the assemblies, subassemblies, parts and raw materials needed
to produce one unit of a finished product - correct answer ✔✔bill of materials
material requirements planning (MRP) is a computerized information system that was developed
specifically to help companies manage dependent demand inventory and schedule replenishment orders
- correct answer ✔✔true
the master production schedule (MPS) is a document that links the firms strategies and tactical plans -
correct answer ✔✔true
, an end item that is assembled from two or more components and is also categorized as WIP is described
as a - correct answer ✔✔subassembly
the MPS calls for 110 units of Product A, there are currently 60 of Product A on hand. Each A requires 4
of Part B, there are 20 units of B available. the net requirements for B are ____ - correct answer ✔✔180
a materials requirements plan (MRP) explosion occurs when the system is bombarded with too many
orders to schedule at one time - correct answer ✔✔false
which of the following is an example of dependent demand for manufactured goods? - correct answer
✔✔hospital bed sheets
an items gross requirements are derived from which sources? - correct answer ✔✔both MPS and
planned order releases for parents below the MPS level
changes to the MPS can be costly since it is the basis of all subassembly, component, and purchased
materials schedules. - correct answer ✔✔true
a recognition award is assembled from a wood plaque, a stiff paper certificate, a plexiglass sheet, and
four decorative screws. the plexiglass sheet is an example of a parent - correct answer ✔✔false
which of the following lot-sizing-techniques results in the lowest holding costs? - correct answer ✔✔lot-
for-lot
a component is an item that may go through one or more operations to be transformed into or become
part of one or more parents - correct answer ✔✔true
a master production schedule specifies ____ - correct answer ✔✔what product is to be made, and when
to calculate the projected on-hand inventory at the end of a period, which of the following is needed? -
correct answer ✔✔MPS quantity due at the start of the current period, projected requirements for the
current period, and on-hand inventory at the end of the last period
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