QUESTION 1

MRP is a process that would be most applicable in which situation?

a.Planning requirements for repair parts for production equipment in a manufacturing plant.

b.Planning requirements for safety stocks of finished goods in a distribution center.

c.Planning requirements for bicycle seats in a bicycle production plant.

d.None of these.

QUESTION 2

Materials requirement planning (MRP) systems are used primarily to:

a.Plan orders

b.Plan lead time

c.Plan amounts of end items to produce

d.Plan distribution

QUESTION 3

Which of the following statements about projects and project management is NOT true?

a.A project is typically a one-time event.

b.Completing a project within budget is the most critical criterion for project success.

c.Projects are typically stafffed with people from several different functional areas who may have more loyalty to their function than to the project.

d.None of the statements are true.

QUESTION 4

Which of the following are factors affecting the success of a project?

a.Experience and authority of team members.

b.Equipment, facilities, and communications systems.

c.Organizational structure and reward systems.

d.All items are correct.

QUESTION 5

Typically the resources required during a project's life are greatest in which stage of its life?

a.Planning

b.Definition

c.Completion

d.Execution