A) A company using material requirement planning (MRP) with no safety begins to safety lead times on manufactured items. Which of the following results is likely to occur? Lot sizes will go up Lot sizes will go down Work-in-process (WIP) will go up Work-in-process (WIP) will go down B) A customer requests an order of 100 units in Period 1. The master schedule for the items indicates an available to promise (ATP) of 85 for period 1. Which of the following approaches is the most appropriate course of action? Increase the master production schedule (MPS) quantity in period 1 by 15 units Promise the 100 units and then check on component availability. Promise the 85 units in period 1 and the remaining 15 units in the next possible ATP period. Promise the 100 units by removing 15 from another customer order a smaller revenue value C) An organization has seen inventory increase every month for the past year. And financial performance has not met expectations. Which of the following processes would most appropriately address correction the problem? Business planning Sales and operations planning(S&OP) Detailed material planning Master scheduling D) Which of the following conditions is required for an effective single-sourcing relationship? Demand for the customer products must be stable The supplier must the lowest price per unit The organizations must be mutually dependent The organizations must be located to each other `
A) A company using material requirement planning (MRP) with no safety begins to safety lead times on manufactured items. Which of the following results is likely to occur? Lot sizes will go up Lot sizes will go down Work-in-process (WIP) will go up Work-in-process (WIP) will go down B) A customer requests an order of 100 units in Period 1. The master schedule for the items indicates an available to promise (ATP) of 85 for period 1. Which of the following approaches is the most appropriate course of action? Increase the master production schedule (MPS) quantity in period 1 by 15 units Promise the 100 units and then check on component availability. Promise the 85 units in period 1 and the remaining 15 units in the next possible ATP period. Promise the 100 units by removing 15 from another customer order a smaller revenue value C) An organization has seen inventory increase every month for the past year. And financial performance has not met expectations. Which of the following processes would most appropriately address correction the problem? Business planning Sales and operations planning(S&OP) Detailed material planning Master scheduling D) Which of the following conditions is required for an effective single-sourcing relationship? Demand for the customer products must be stable The supplier must the lowest price per unit The organizations must be mutually dependent The organizations must be located to each other `
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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A) A company using material requirement planning (MRP) with no safety begins to safety lead times on manufactured items. Which of the following results is likely to occur?
- Lot sizes will go up
- Lot sizes will go down
- Work-in-process (WIP) will go up
- Work-in-process (WIP) will go down
B) A customer requests an order of 100 units in Period 1. The master schedule for the items indicates an available to promise (ATP) of 85 for period 1. Which of the following approaches is the most appropriate course of action?
- Increase the master production schedule (MPS) quantity in period 1 by 15 units
- Promise the 100 units and then check on component availability.
- Promise the 85 units in period 1 and the remaining 15 units in the next possible ATP period.
- Promise the 100 units by removing 15 from another customer order a smaller revenue value
C) An organization has seen inventory increase every month for the past year. And financial performance has not met expectations. Which of the following processes would most appropriately address correction the problem?
- Business planning
- Sales and operations planning(S&OP)
- Detailed material planning
- Master
scheduling
D) Which of the following conditions is required for an effective single-sourcing relationship?
- Demand for the customer products must be stable
- The supplier must the lowest price per unit
- The organizations must be mutually dependent
- The organizations must be located to each other `
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