Please answer the following questions.
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1 | |
If there is no need for safety stock, gross requirements - project-on-hand = net requirements. |
| | A) | True |
| | B) | False |
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2 | |
A bucket in MRP refers to a time period, such as a week, two-week period, etc. |
| | A) | True |
| | B) | False |
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3 | |
A time fence is a series of time intervals in which order changes are restricted or allowed. |
| | A) | True |
| | B) | False |
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4 | |
The planned order release quantity must equal the planned order receipt quantity. |
| | A) | True |
| | B) | False |
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5 | |
The term "planned order" is a short form of the term "planned order receipt." |
| | A) | True |
| | B) | False |
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6 | |
Because of the pyramid relationship for all components in an MRP system, it is appropriate to provide safety stocks at all levels, since this would help to reduce the setup costs. |
| | A) | True |
| | B) | False |
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7 | |
Regeneration as a means of updating an MRP is a better way to update an unstable MRP than net change. |
| | A) | True |
| | B) | False |
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8 | |
There is no relationship between MRP and plant capacity utilization. |
| | A) | True |
| | B) | False |
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9 | |
In theory, an MRP system should not require safety stock. |
| | A) | True |
| | B) | False |
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10 | |
The three principal computerized files maintained for an MRP system include the bill of materials, the product-structure tree and an inventory record. |
| | A) | True |
| | B) | False |
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11 | |
An inventory record file is maintained in MRP for every raw material, component, assembly, subassembly or end item. |
| | A) | True |
| | B) | False |
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12 | |
MRP has been replaced by MRPII. |
| | A) | True |
| | B) | False |
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13 | |
Lead time is the time between placing an order and receiving the material, it makes no difference whether the order is one to purchase the material or a production order. |
| | A) | True |
| | B) | False |
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14 | |
In part-period balancing, the size of an order and the length of the order interval are set so that the total of the order costs is approximately equal to the total of the holding costs. |
| | A) | True |
| | B) | False |
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15 | |
ERP is replacing MRP. |
| | A) | True |
| | B) | False |
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16 | |
Among the sometimes hidden costs of ERP implementation are training and data conversion costs. |
| | A) | True |
| | B) | False |
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