Test: Material Requirement Planning - Mechanical Engineering MCQ

1,2 and 4

2, 3 and 4

1,2 and 3

1, 3 and 4

forecasted

ignored

established by the masters production schedule

calculated by the MRP system from the master production schedul

the item has several children

there is a deep bill of materials

the finished products are mostly services (rather than goods)

there is a clearly identifiable paren

the financial resources required for production

what component is to be made, and when

what product is to be made, and when

the labor hours required for production

the financial resources required for production

what component is to be made, and when

what product is to be made, and when

the labor hours required for production

bill of materials

net requirements chart

inventory status and record

assembly time chart

planning bills

modular bills

phantom bills

overdue bill

Both pertain to assemblies that are not inventoried

There is no difference between the two

Both pertain to assemblies that are inventoried

Modular bills represent subassemblies that actually exist and are inventoried, while phantom bills represent subassemblies that exist only temporarily and are not inventoried

300

100

200

250

< 90%

90%

95%

99%