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Exam 14: Resource Planning

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Question 61

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Which of the following is not one of the four basic categories of ERP modules?

A) finance and accounting
B) information systems
C) sales and marketing
D) production and materials management
E) human resources

F) A) and E)
G) C) and D)

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Question 62

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Second-generation ERP systems are referred to as ___________ software.

A) scheduling
B) MRP
C) inventory management
D) MPS
E) SCM

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

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Question 63

Multiple Choice

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Which of the following does not share a common ERP database?

The three types of lot size rules are FOQ, L4L, and POQ.

What are the objectives of second-generation ERP systems?

Given the following data: The beginning inventory is 0 and there are no scheduled receipts. The order cost is $50 and the holding cost is $1 per part per period. (a) What are the order costs, carrying costs, and totals cost over the 8 periods using the lot-for-lot size rule? (b) What are the order costs, carrying costs, and totals cost over the 8 periods using the fixed order quantity rule with FOQ = 100? (c) What are the order costs, carrying costs, and totals cost over the 8 periods using the period order quantity rule with POQ = 2?

The ERP system provides a single interface:

Given the following data: The end product J is made from components K, L, and M. K is made from N and O. O is made from P and Q. (a) What is the replenishment lead time for J, assuming there are no inventories? (b) Calculate the gross requirements for each of the components if the company plans to build 10 of its J model. Assume that there are no beginning inventories. (c) Calculate the gross requirements for each of the components if the company plans to build 10 of its J model if you have these beginning inventories: 60 N and 60 O. (d) What is the replenishment lead time if the company plans to build 10 of its J model, assuming the beginning inventories given in (c) above?

MRP systems require ______________________, ______________________, and ______________________ as inputs.

What transactions can cause information in the inventory records file to change?

MRP develops a time-phased schedule that shows future demand, supply and inventories by time period.

Items that are sold as complete or repair parts are called ______________________.

An order released to a supplier authorizes ______________________________________.

A ____________________ is the primary output of an MRP system.

The lead time can be less than the cumulative lead time when _________________________.

The explosion process calculates the demand for the parent of the children.

Given the following data: The end product J is made from components K and L. K is made from M and N. L is made from O and P. P is made from Q, R, and S. (a) What is the replenishment lead time for J, assuming there are no inventories? (b) Calculate the gross requirements for each of the components if the company plans to build 10 of its J model. Assume that there are no beginning inventories. (c) Calculate the gross requirements for each of the components if the company plans to build 10 of its J model if you have these beginning inventories: 20 K, 10 L, and 30 P. (d) What is the replenishment lead time if the company plans to build 10 of its J model, assuming the beginning inventories given in (c) above?

Second generation ERP systems addressed the first generation deficiency of:

Scheduled receipts are _________________________________________.

Given the following data: (a) What are the workloads for periods 3, 4, and 5? (b) There are 168 hours of operating time per machine each period. How many machines should be operated for periods 3, 4, and 5?