Question 211.5 pts

When negotiating changes in master schedules, which of the following are examples of time fences?

Group of answer choices

A. Frozen

B. Slushy

C. Liquid

D. B and C only

E. A, B and C only

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Question 221.5 pts

DRP systems are used to manage an enterprises flow of finished products using the concepts of dependent demand and time-phased requirements.

Group of answer choices

True

False

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Question 231.5 pts

A comprehensive list of the items needed to produce one unit of finished product is referred to as:

Group of answer choices

A. Assembly plan

B. Bill of materials

C. Net requirements list

D. Master inventory record

E. Product structure tree

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Question 241.5 pts

MRP systems manage dependent demand for components.

Group of answer choices

True

False

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Question 251.5 pts

In an MRP system, the planning horizon contains a series of time periods called:

Group of answer choices

A. Time fences

B. Time stacks

C. Time buckets

D. Time boxes

E. Time pegs

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Question 261.5 pts

25. Which of the following are process inputs for MRP systems?

Group of answer choices

A. Inventory Records

B. Routing Information

C. Current Shop Load

D. Job Completion Times

E. All of the above are inputs

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Question 271.5 pts

Which of the following are process outputs of MRP system process?

Group of answer choices

A. Bill of Materials

B. Schedule of Planned-Orders

C. Planned Order Releases

D. B and C only

E. A, B and C only

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Question 281.5 pts

Which of the following have been historical challenges of ERP systems?

Group of answer choices

A. Difficulty in justifying low return on investment

B. Need to protect sensitive data and information

C. High cost of propriety software development

D. Inability to interface with other software systems

E. All of the above

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Question 291.5 pts

Which are the following are strategic opportunities created by ERP systems?

Group of answer choices

A. Improved identification of opportunities for continuous improvement.

B. Increased flexibility in meeting customer needs.

C. Reduced levels of work-in-process inventories.

D. A and B only

E. A, B and C only

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Question 301.5 pts

Which of the following are generated or updated by MRP system processing:

Group of answer choices

A. Gross Requirements

B. Net Requirements

C. Inventory Requirements

D. A and B only

E. A, B and C only