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Question Multiple choice questions MRP and ERP

Question Multiple choice questions MRP and ERP

Question
Multiple choice questions MRP and ERP

1. Which of the following most closely describes dependent demand?

A. demand generated by suppliers

B. estimates of demand using regression analysis of independent variables

C. derived demand

D. demands placed on suppliers by their customers

E. net material requirements

2. . ERP implementation probably won’t require:

A. cross functional teams

B. just a few weeks to install

C. intensive training

D. high funding for both initial cost and maintenance

E. frequent upgrades after installation

3. . A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is:

A. computer aided manufacturing (CAM)

B. computer integrated manufacturing (CIM)

C. economic order quantity (EOQ)

D. material requirements planning (MRP)

E. economic run size (ERS)

4. The development and application of MRP depended upon two developments: (1) the recognition of the difference between independent and dependent demand, and (2):

A. computers

B. development of the EOQ model

C. inventory control systems

D. blanket purchase orders

E. the internet

5. . The output of MRP is:

A. gross requirements

B. net requirements

C. a schedule of requirements for all parts and end items

D. inventory reorder points

E. economic order quantities and reorder points

6. . Which one of the following is not an input in an MRP system?

A. planned-order schedules

B. bill of materials

C. master production schedule

D. inventory records

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