Which of the following are prerequisites to implementing a master production sched-uling system?
I. Define master production schedule (MPS) unit
II. Install an enterprise resource planning (ERP) system
III. Train an employee in MPS concepts and techniques
a. I only
b. I and II only
c. I and III only
d. I, II, and III - Precise Answer ✔✔I and III only
The master production schedule (MPS) translates the sales and operations plan (SOP) into
a. Specific production orders
b. Forecast demand
c. A specific production plan
d. Efficient lot sizes - Precise Answer ✔✔A specific production plan
The master production schedule (MPS) shows when products will physically be avail-able to ship.
a. True b. False - Precise Answer ✔✔False
The master production schedule (MPS) is
a. A statement of current production b. A statement of current demand
c. A statement of both current production and current demand
,d. Neither a statement of current production nor current demand - Precise Answer ✔✔Neither a
statement of current production nor current demand
The master production schedule (MPS) differs from the forecast by considering
I. Capacity limits
II. Production costs
III. The sales and operations plan (SOP)
a. I only
b. I and II only
c. I and III only
d. I, II, and III - Precise Answer ✔✔I, II, and III
The master production schedule (MPS) must be stated in terms that relate to a pro-ducible product.
a. True b. False - Precise Answer ✔✔True
The master production schedule (MPS) must be stated in terms of actual products.
a. True b. False - Precise Answer ✔✔False
In which environment is a planning bill of materials most likely to be used?
a. Make-to-stock
b. Assemble-to-order
c. Engineer-to-order
d. All are equally likely - Precise Answer ✔✔Assemble-to-order
The master production schedule (MPS) considers preferred lot sizes when construct-ing the plan.
a. True b. False - Precise Answer ✔✔True
, Cycle stock is
a. Inventory created to fulfill demand in a seasonal cycle
b. Inventory carried as a result of lot size requirements
c. The total stock built during a given period
d. Inventory carried to cover emergency or unforeseen demand - Precise Answer ✔✔Inventory carried
as a result of lot size requirements
Available-to-promise (ATP) is likely to be least useful in which environment?
a. Make-to-stock
b. Make-to-order
c. Assemble-to-order
d. All are equally likely - Precise Answer ✔✔Make-to-stock
Which formula is used to calculate the projected available inventory balance?
a. Projected available inventory = Previous available inventory + Master production schedule -
AVG(Forecast, Actual orders)
b. Projected available inventory = Previous available inventory + Master production schedule +
AVG(Forecast, Actual orders)
c. Projected available inventory = Previous available inventory + Master production schedule +
MAX(Forecast, Actual orders)
d. Projected available inventory = Previous available inventory + Master production schedule -
MAX(Forecast, Actual orders) - Precise Answer ✔✔Projected available inventory = Previous available
inventory + Master production schedule - MAX(Forecast, Actual orders)
A planning bill of materials is
a. Any bill of materials used in planning activities
b. A bill of materials for new products
c. A bill of materials for products still in development
d. A bill of materials that represents probable usage in an assemble-to-order environment - Precise
Answer ✔✔A bill of materials that represents probable usage in an assemble-to-order environment
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