COB 300, Quiz 5, Fall 2001 (FORM B)

Name:______ID--

On the same Scantron that you used for past quizzes, provide answers to the following questions in answer spaces 29-33.

29.MRP stands for:

A. managerial reporting program

B. management report processor

C. material resources program

D. material requirements planning

E. none of the above

Week Number: / 1 / 2 / 3 / 4
Item: X, LFL,
LT=2 weeks
Gross requirements / 25 / 0 / 60 / 45
Scheduled receipts
Projected on hand / 30 / 5 / 5 / 0
Net requirements / --- / --- / 55 / 45
Planned-order receipts / 55 / 45
Planned-order releases / 55 / 45

Consider the following MRP record:

(for questions 30-32)

30.What is (are) the correct planned order releases for item X?

A. 55 in week 1 and 45 in week 2

B. 70 in week 1 and 70 in week 2

C. 70 in week 1

D. 45 in week 2

E. none of the above

31.What is the quantity of “X” expected to be on hand at the beginning of week 3?

A. 55

B. 15

C. 5

D. 0

E. none of the above

32.If “X” is used only in item “A” as follows, A then:

X (1 per)

A. the gross requirements for A are 25, 0, 60, and 45 units in weeks 1 through 4, respectively.

B. the scheduled receipts for A are 25, 0, 60, and 45 units in weeks 1 through 4, respectively.

C. the planned order releases for A are 25, 0, 60, and 45 units in weeks 1 through 4, respectively.

D. the projected on hand balances for A are 25, 0, 60, and 45 units in weeks 1 through 4, respectively.

E. not enough information to answer this question.

33.Which of the following is (are) required pieces of information for processing MRP records?

  1. Planned order receipts
  2. Current inventory status (e.g., on-hand balances)
  3. Lead time information
  4. B and C are required
  5. all of the above are required