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Knowledge Assesment

Michael M 50 questions

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Questions in this quiz (50)

  1. 1MRP works best if finished end-items have dependent demand.
    1. ATrue
    2. BFalse
  2. 2Low-level coding represents items less than $18 per unit.
    1. ATrue
    2. BFalse
  3. 3The master production schedule states which end items are to be produced, in addition to when and how many.
    1. ATrue
    2. BFalse
  4. 4The master schedule needs to be for a period long enough to cover the stacked or cumulative lead time necessary to produce the end items.
    1. ATrue
    2. BFalse
  5. 5The bill of materials contains information on lead times and current inventory position every component required to produce the end item.
    1. ATrue
    2. BFalse
  6. 6The 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.
    1. ATrue
    2. BFalse
  7. 7Lot-for-lot ordering in MRP provides coverage for some predetermined number of periods (such as two or three) that extend beyond the orders already received for those periods.
    1. ATrue
    2. BFalse
  8. 8Aggregate planning is capacity planning that typically covers a time horizon of one to three months.
    1. ATrue
    2. BFalse
  9. 9The goal of aggregate planning is to achieve a production plan that attempts to balance the organization's resources and meet expected demand.
    1. ATrue
    2. BFalse
  10. 10Aggregate planners are concerned with the quality and quantity of expected demand.
    1. ATrue
    2. BFalse

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Quiz on Knowledge Assesment, created by Michael M on 03/12/2017.
Author
Michael M
Language
English
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