Operations Management - Chapter 12 Exam Essay - 4204 Words

Operations Management - Chapter 12 - Help Test Questions 1. 1. MRP works best if the inventory items have dependent demand. True False TRUE MRP is best for dependent demand scenarios. 2. 2. Low level coding represents items less than $18 per unit. True False FALSE Low-level coding codes items at their lowest BOM levels. 3. 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 FALSE Dependent demand is more lumpy. 4. 4. Lumpy demand for components results primarily from the periodic scheduling of batch production. True False TRUE Batch production leads to lumpy demand for components. 5. 5. MRP is used within most MRP II†¦show more content†¦True False FALSE A net-change system is updated as transactions occur. 21. 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 TRUE Small higher-level errors can be magnified into larger lower-level errors. 22. 22. A regenerative MRP system is one that is updated continuously - every time there is a schedule change. True False FALSE Regenerative systems are updated periodically. 23. 23. One of the primary output reports of MRP concerns changes to planned orders. True False TRUE Changes to planned orders can be outputs from MRP systems. 24. 24. Safety time is sometimes used in MRP rather than safety stock quantities. True False TRUE Safety time is a substitute for safety stock. 25. 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 FALSE This is fixed-period ordering. 26. 26. MRP output reports are divided into two main groups - daily and weekly. True False FALSE The two groups are primary and secondary. 27. 27. 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