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True false -MRP and ERP 1. MRP works best if the inventory items have dependent demand. True False 2. Low level coding represents items less than $18 per unit. True False 3. Independent demand tends to be more ‘lumpy’ than dependent demand meaning that we need large quantities followed by periods of no demand. True False 4. Lumpy demand for components results primarily from the periodic scheduling of batch production. True False 5. MRP is used within most MRP II and ERP systems. True False 6. The master production schedule states which end items are to be produced, in addition to when and how many. True False 7. Net requirements equal gross requirements minus safety stock. True False 8. The master schedule needs to be for a period long enough to cover the stacked or cumulative lead time necessary to produce the end items. True False 9. Initially, a master production schedule – the output from MRP – may not represent a feasible schedule. True False 10. MRP, considering inventory position, bills of material, open purchase orders and lead times guarantees a feasible production plan if the inputs to MRP are accurate. True False 11. The bill of materials indicates how much material will be needed to produce the quantities on a given master production schedule. True False 12. A bill of materials contains a listing of all the assemblies, parts, and materials needed to produce one unit of an end item. True False 13. The bill of materials contains information on lead times and current inventory position on every component required to produce the end item. True False 14. The inventory records contain information on the status of each item by time period. True False 15. An assembly-time chart indicates gross and net requirements taking into account the current available inventory. True False 16. MRP II did not replace or improve the basic MRP. True False 17. The gross requirements at one level of an MRP plan determine the gross requirements at the next lower level continuing on down to the lowest levels shown on the bill of material. True False 18. The gross requirements value for any given component is equal to the net requirements of that component’s immediate parent multiplied by the quantity per parent. True False 19. The term pegging refers to identifying the parent items that have generated a given set of material requirements for a part or subassembly. True False 20. A net-change MRP system is one that is updated periodically but not less frequently than once a week. True False 21. One reason that accurate bills of material are important is that errors at one level become magnified at lower levels because of the multiplication process used by MRP. True False 22. A regenerative MRP system is one that is updated continuously – every time there is a schedule change. True False 23. One of the primary output reports of MRP concerns changes to planned orders. True False 24. Safety time is sometimes used in MRP rather than safety stock quantities. True False 25. Lot-for-lot ordering in MRP provides coverage for some predetermined number of periods using forecasted demand to extend beyond the orders already received for those periods. True False 26. MRP output reports are divided into two main groups – daily and weekly. True False 27. In MRP, EOQ models tend to be less useful for materials at the lowest levels than for upper level assemblies of the bill of materials since higher-level assemblies have larger dollar investments. True False 28. Load reports show capacity requirements for departments or work centers which may be more or less than the capacity available in that work center. True False 29. ERP began in manufacturing organizations but has spread into service organizations. True False 30. MRP II is simply an improved version of MRP that processes faster and can plan for a larger number of end items. True False 31. Lot-for-lot ordering in MRP eliminates the holding costs for parts that are carried over to other periods. True False 32. Capacity requirements planning (CRP) is an important feature in MRP+. True False 33. Project Management approaches can help in a conversion to an ERP system. True False 34. As long as a forecast is plus or minus 10%, MRP works well. True False 35. ERP represents an expanded effort to integrate standardized record-keeping that shares information among different areas of an organization. True False 36. Back flushing takes place after the production has been completed. True False 37. Before a schedule receipt can take place, and order must be placed with a vendor. True False 38. MRP really doesn’t apply to services since raw material isn’t required. True False 39. ERP implementation requires support and a direct mandate from the CEO because it impacts so many different functional areas. True False 40. ERP automates the tasks involved in performing a business process, such as order fulfillment and financial reporting. True False

True  false -MRP and ERP

1. MRP works best if the inventory items have dependent demand.
True False

 

2. Low level coding represents items less than $18 per unit.
True False

 

3. Independent demand tends to be more ‘lumpy’ than dependent demand meaning that we need large quantities followed by periods of no demand.
True False

 

4. Lumpy demand for components results primarily from the periodic scheduling of batch production.
True False

 

5. MRP is used within most MRP II and ERP systems.
True False

 

6. The master production schedule states which end items are to be produced, in addition to when and how many.
True False

 

7. Net requirements equal gross requirements minus safety stock.
True False


8. The master schedule needs to be for a period long enough to cover the stacked or cumulative lead time necessary to produce the end items.
True False

 

9. Initially, a master production schedule – the output from MRP – may not represent a feasible schedule.
True False

 

10. MRP, considering inventory position, bills of material, open purchase orders and lead times guarantees a feasible production plan if the inputs to MRP are accurate.
True False

 

11. The bill of materials indicates how much material will be needed to produce the quantities on a given master production schedule.
True False

 

12. A bill of materials contains a listing of all the assemblies, parts, and materials needed to produce one unit of an end item.
True False

 

13. The bill of materials contains information on lead times and current inventory position on every component required to produce the end item.
True False

 

14. The inventory records contain information on the status of each item by time period.
True False

 


15. An assembly-time chart indicates gross and net requirements taking into account the current available inventory.
True False

 

16. MRP II did not replace or improve the basic MRP.
True False

 

17. The gross requirements at one level of an MRP plan determine the gross requirements at the next lower level continuing on down to the lowest levels shown on the bill of material.
True False

 

18. The gross requirements value for any given component is equal to the net requirements of that component’s immediate parent multiplied by the quantity per parent.
True False

 

19. The term pegging refers to identifying the parent items that have generated a given set of material requirements for a part or subassembly.
True False

 

20. A net-change MRP system is one that is updated periodically but not less frequently than once a week.
True False

 

21. One reason that accurate bills of material are important is that errors at one level become magnified at lower levels because of the multiplication process used by MRP.
True False

 


22. A regenerative MRP system is one that is updated continuously – every time there is a schedule change.
True False

 

23. One of the primary output reports of MRP concerns changes to planned orders.
True False

 

24. Safety time is sometimes used in MRP rather than safety stock quantities.
True False

 

25. Lot-for-lot ordering in MRP provides coverage for some predetermined number of periods using forecasted demand to extend beyond the orders already received for those periods.
True False

 

26. MRP output reports are divided into two main groups – daily and weekly.
True False

 

27. In MRP, EOQ models tend to be less useful for materials at the lowest levels than for upper level assemblies of the bill of materials since higher-level assemblies have larger dollar investments.
True False

 

28. Load reports show capacity requirements for departments or work centers which may be more or less than the capacity available in that work center.
True False

 

29. ERP began in manufacturing organizations but has spread into service organizations.
True False

 


30. MRP II is simply an improved version of MRP that processes faster and can plan for a larger number of end items.
True False

 

31. Lot-for-lot ordering in MRP eliminates the holding costs for parts that are carried over to other periods.
True False

 

32. Capacity requirements planning (CRP) is an important feature in MRP+.
True False

 

33. Project Management approaches can help in a conversion to an ERP system.
True False

 

34. As long as a forecast is plus or minus 10%, MRP works well.
True False

 

35. ERP represents an expanded effort to integrate standardized record-keeping that shares information among different areas of an organization.
True False

 

36. Back flushing takes place after the production has been completed.
True False

 

37. Before a schedule receipt can take place, and order must be placed with a vendor.
True False

 


38. MRP really doesn’t apply to services since raw material isn’t required.
True False

 

39. ERP implementation requires support and a direct mandate from the CEO because it impacts so many different functional areas.
True False

 

40. ERP automates the tasks involved in performing a business process, such as order fulfillment and financial reporting.
True False

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