LGMT Module 7 Quiz

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School

Embry-Riddle Aeronautical University *

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Course

420

Subject

Industrial Engineering

Date

Jan 9, 2024

Type

pdf

Pages

2

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9/24/23, 12:00 AM 7.4 - Quiz: Aggregate Planning, MRP, and ERP: LGMT 420 Mgmnt of Production & Oprtns - Aug 2023 - Online https://erau.instructure.com/courses/161958/quizzes/554102 2/3 Correct answers are hidden. Score for this quiz: 100 out of 100 Submitted Sep 24 at 12am This attempt took 6 minutes. 20 / 20 pts Question 1 Lot-sizing can cause considerable distortion of requirements at lower levels of the BOM. True False 20 / 20 pts Question 2 The advantage of a Master Production Schedule (MPS) is that it does not require the input from financial plans, engineering, or labor availability True False 20 / 20 pts Question 3 ERP can be considered an extension of the MRP system to tie in customers and suppliers True
9/24/23, 12:00 AM 7.4 - Quiz: Aggregate Planning, MRP, and ERP: LGMT 420 Mgmnt of Production & Oprtns - Aug 2023 - Online https://erau.instructure.com/courses/161958/quizzes/554102 3/3 False 20 / 20 pts Question 4 ERP systems can reduce transaction cost True False 20 / 20 pts Question 5 Periodic order quantity (POQ) are order quantities needed for a predetermined time period. True False Quiz Score: 100 out of 100
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