Which of the following translates business plan into production planning APP MPS MRP None of the Above

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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1) Which of the following translates business plan into production
planning
APP
MPS
MRP
None of the Above
2) Master production schedule is a medium-range planning and it is
used for quantity and timing of
components and raw material
Finished goods
Both A & B
3) The manufacturing strategy which deploys hiring and laying of
workers in order to match its production rate to demand is called
Level Production Strategy
Chase Production Startegy
Hybrid Strategy
None of the above
4) "In a level production strategy, if the firm makes annual 120,00
units per annum, the permonth production can be estimatted by"
"120,00 /12"
"120,00 / 365"
The information is not complete
5) The Bill of material is an engineering documments that shows
inclusive listing and sub-components to be used for end product
TRUE
FALSE
6) A lead capacity usually increases or decreases its capacity in 
anticipation of demand, this is known as "
Match strategy
Lead Capacity 
Strategy
Lag capacity strategy
7) The most important output of MRP is
BOM
Planned order release 
Available to promise quantity
Time fencing 
8) Chase strategy works well for the firms having
Make to order arrangement
Make to stock arrangement
For both types of arrangement
9) The process of determining the production capacity required to 
meet demand is called
Demand Forecasting
Capacity Planning
Resource Planning
10) "If the demand remains low, inventory will accrue as the backlogs, 
this happens in "
Chase Production Strategy
Level Production 
Strategy
Seasonality impact
11) MRP is used for
Independent demand
Dependent 
demand
All types of demand
12) Which is not the input of MRP ?
MPS output
Planned order release
Inventory status of components
BoM and its detail
13) Master production schedule is a medium-range planning and it is used for quantity and timing of
    components and raw material
    Finished goods
    Both A & B
14) In the context of capacity planning, capacity refers to "
    Firm's Labor only
    Machines Only
    Both A & B
15) The conversion of parent item planned order release into subcomponent is called
    Explosion
    Time-bucket
    Pegging
16) The capacity plan used to check the feasibility of master production schedule is called
    RRP
    RCCP
    CRP
    Lead planning
17) Product Family consists of usually different products that have same
    Charecterisitcs or manufacturing process
    order size
    Delivery schedule
18) Which is not the input of MRP ?
    MPS output
    Planned order release
    Inventory status of components
    BOM and its detail
19) Chase strategy works well for the firms having
    Make to order arrangement
    Make to stock arrangement
    For both types of arrangement
20) The information of parent-component relationship and its planning factor is placed in
    Capacity Planning
    RRP
    MRP
    BOM
21) In the context of capacity planning, capacity refers to "
    Firm's Labor only
    Machines Only
    Both A & B
22) Product Family consists of usually different products that have same
    Charecterisitcs or manufacturing process
    order size
    Delivery schedule
23) The manufacturing strategy which deploys hiring and laying off workers in order to match its production rate to demand is called
    Level Production Strategy
    Chase Production Startegy
    Hybrid Strategy
    None of the above
24) If the demand remains low, inventory will accrue as the backlogs, this happens in "
    Chase Production Strategy
    Level Production Strategy
    Seasonality impact
25) Which is not the input of MRP ?
        MPS output
        Planned order release
        Inventory status of components
        BOM and its detail
26) Chase strategy works well for the firms having
        Make to order arrangement
        Make to stock arrangement
        For both types of arrangement
27) The information whether to accept additional orders from the customers or not is called Available to promise quantity is provided by
        MPS
        MRP
        ERP
        DRP
28) "A lead capacity usually increases or decreases its capacity in anticipation of demand, this is known as "
        Match strategy
        Lead Capacity Strategy
        Lag capacity strategy
29) Which part of operation planning is the most detailed and specifies the exact end items and quanitities to make on daily or weekly basis?
    Short-range Plans
    Material Requirement Plan
    Long range Planning
30) DRP operates in independent demand set-up
    TRUE
    FALSE

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