"Framework of organizing, defining and standardizing the business processes necessary to effectively plan and control an organization so the organization can use its internal knowledge to seek external advantage" This is the definition of:
A. MRP II
B. ERP
C. MPS
D. MRP
This figure is a true representation of:
A. MRP II
B. MPS
C. Production Plan
D. None of these
Which one of the following is NOT the part of sales and operations planning benefits?
A. It provides a mean of updating the strategic business plan as conditions change
B. It provides a mean of managing change. Rather than reacting to changes in market conditions or the economy after they happen
C. Planning ensures the various department plans are realistic, coordinated and support the business plan
D. It provides a vague plan that can achieve company objectives
Purchasing and production activity control:
A. is very short, perhaps from a day to month
B. the level of detail is high since it is concerned with individual components, workstations and ordered
C. Plans are reviewed and revised daily
D. All of these
shows the quantities needed and when manufacturing intends to make use or use them.
A. MPS
B. Production plan
C. Purchasing and production activity control
D. Material Requirement Plan
In MPS, plans are reviewed and changed:
A. Weekly
B. Quarterly
C. Weekly or Monthly
D. Monthly
For master production schedule planning horizon usually extends from:
A. 3-18 months
B. 6-18 months
C. 9-18 months
D. None of these
Which one of the following is NOT an input to master production schedule (MPS)?
A. Forecasts for individual end items
B. Sales orders
C. Inventories and existing capacity
D. Bill of materials
The planning horizon is usually and is reviewed perhaps .
A. 8-12 months, each month
B. 5-8 months, each quarter
C. 6-8 months, each month or quarter
D. None of these
For effective planning:
A. There must be a balance between priority and capacity
B. Priority should be given more importance than capacity
C. Capacity should be given more importance than priority
D. None of these
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