Question: 11) 11) Like ABC inventory analysis, the ticrone, tier two, and tier three supplier designations are based upon the annual level of purchases made with

11) 11) Like "ABC inventory analysis," the
11) 11) Like "ABC inventory analysis," the ticrone, tier two, and tier three supplier designations are based upon the annual level of purchases made with the suppliers, 12) The tier one, tier two, and tier three supplier designations are based upon whom the suppliers are providing materials or services to 12) MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. (3 points each) 13) 13) Which of the following is NOT one of the four basic categories of ERP modules? A) sales and marketing B) production and materials management C) human resources D) information systems E) finance and accounting 14) Independent demand is the demand for A) raw materials B) finished products. C) parts D) components E) subassemblies. 15) What is a technique for reviewing inventory record accuracy and updating? 15) A) drum, buffer, rope B) Kanban C) statistical process control D) tracking signal E) cycle counting 16) What are the three components of any material requirements planning (MRP) system? 16) A) master production schedule, current inventory records, promised deliveries B) master production schedule, current inventory records, bill of materials C) material product sales, current inventory records, promised deliveries D) material product sales, current inventory records, bill of materials 17) The MRP input listing the intermediate assemblies, subassemblies, component parts, raw materials, and the quantities of each needed to produce one final product is the 17) A) part status file B) bill of materials file. C) inventory records file D) authorized master production schedule. E) assembly time chart

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