Material planning is concerned with answering which basic questions (choose 3)?
Which planning version should the company choose?
What materials are required?
What is the shortest time required for completing the planning?
When are the materials required?
How many materials are required?
The proposals that material planning generates typically are in the form of
A planning proposal
A material order list
Which of the following are key organizational elements in materials planning?
Which of the following are master data relevant to material planning? (choose 2)
Bills of material
Which of the following statements about MRP and MPS are TRUE? (choose 2)
MPS calculates requirements for all the levels of the BOM
MRP calculates requirements only for the first level items in the BOM
Both MRP and MPS calculate requirements based on historical data only
MRP calculates requirements for all levels of the BOM
MPS calculates requirements only for the first level in the BOM
Which of the following statements best represents what procurement type
How a material is produced
All of the ways to procure a material the user will choose from when making a decision
Whether a material is produced in house, obtained externally, both or none
How a vendor will be chosen in the procurement process
Requirements that are calculated based on actual and forecasted sales are known
Planned independent requirements
Customer planned independent requirements
Integrated independent requirements
Forecast independent requirements
Customer independent requirements
Setup time, processing time, and interoperation time are elements of
In house production time
Goods issue processing time
Planned delivery time
Goods receipt processing time
Planned shipping time
What does SOP stand for?
Sales and operations planning
Strategic operations planning
Sales operations planner
Systems operations products
Sales operations projects
The most important reporting tool in material planning is the
Planning result report