OPRE 3310: EXAM # 3is posted as an Assignment; fill in & send to

the drop box. It is due midnight 7/28/2016. Questions about the exam will
be answered in class. This EXAM focuses on Chap. 11 - 13.of the textbook;
& lectures / discussions.
See Homework for: Standard Homework & Exam Instruction:
Correct Answers are worth 0.3 points; A Blank Answer = MINUS 1.0
point !
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Name Celine Mendoza

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Your Co./Prod Tyson / Chicken

Exam #3
1. The Business Plan Should establish what ? The business plan
established operations and capacity strategies
2. What are unit(s) should the output of Aggregate Plan / S&OP
be in ? The output of aggregate planning should be the total cost of a
plan and projected levels of inventory, employment, and backordering
3. This output is a key input to what process ? Master Production
Schedule
4. At what level(s) should available capacity be checked against
the plan(s) ? At level capacity the available capacity should be
checked against the plans to make sure the supply is equal to the
demand
5. What are the term(s) for those capacity check(s) ? Level
capacity strategy and chase demand strategy
6. What are at least 3 types of service organizations that use
Aggregate Planning ? Hotels, airlines, and restaurants
7. What is done to the Production Plan to put in in meaningful
terms ?
8. What are the 3 key duties of the Master Scheduler ? States
which end items are to be produced, when these are needed, and in
which quantities.
9. What are common terms for the 3 phases of the MPS planning
horizon: Disaggregation and planning are common terms for the three
phases of the MPR planning horizon
10.
What are the time fences called ? Frozen, Slushy, and Liquid
11.
What conditions (4) might cause an MRP order not to be
executed at its originally planned COST ? Lot-for-Lot ordering,
Safety stock, EOQ, and Fixed period ordering.
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12.
When should MRP be run (3) ? MRP should be un when
someone needs to find out whats needed, how much is needed, and
when it is needed.
13.
What happens when the BOM is incorrect ? (3) ?The final
product is hard to make, there might be missing parts, or there might
be too many parts
14.
What production items do not need to be on the BOM ?
Production items that are not needed in the assembly or the product
do not need a BOM
15.
What happens when the Routing is incorrect ? (3
specifics) ? Materials are not placed in the correct place, costs can go
up because of the wrong materials, and shortage of materials.
16.
What happens when the planning factors are incorrect ?
(3 specifics) ? The estimated total costs are incorrect, the supply and
demands are incorrectly met, and there could be a shortage of
materials in the organization
17.
What are planning factors (3 specifics) Recourses, demand
forecasts, and cost
18.
What is the difference between gross & net
requirements ? Gross requirements are total expected demand for an
item, and net requirements is the actual needed
19.
What happens when the Inventory or on order quantity is
incorrect ? When the inventory or an ordered quantity is incorrect, it
could cause delays in processing orders and making the final product
which needs to be delivered to the customers
20.
What are 4 inputs of MRP ? Master Schedule, Bill of Materials,
Inventory Record, planning factors
21.
What are 2 outputs of MRP ? Primary Reports and
Secondary Reports.
22.
What are the benefits of MRP ? (3 specifics) ? The benefits
of MRP include having the right materials required on stock, saving
time in production, and lowering cost by using the correct materials to
make the products
23.
If no lot size is specified, what does MRP use ? If no lot size
is specified, MRP use economic order size and economic production
quantities
24.
Your definition of Safety Stock: Stock that is held in
excess of expected demand due to variable demand or lead time.

25.
When can DRP be used ? DRP can be used for material orders
in a supply chain. The goal is to achieve a balance of supply and
demand throughout the supply chain
26.
Which of the Top 10 Mistakes; surprised you the most ?
The top 10 mistakes that surprised me the most was failing to staff the
team with A players from the business and technical sides of the
organization, including the program management
27.
What are functions of Inventory ? (3 specifics) ? To meet
anticipated customer demand, to smooth production requirements, to
reduce the risk or stock outs, and to decouple operations.
28.
How does MRP II differ from MRP: MRP II differs from MRP by
expanding the scope of materials planning to include capacity
requirements planning, and to involve other functional areas of the
organization such as markets and financing in the planning process
29.
How does ERP differ from MRP II: ERP differs from MRP II
because ERP is a computerized systems designed to connect all parts
of the business organization as well as key portions of its supply chain
to a single database for the purpose of information sharing
30.
What does CRP use for inputs: Capacity check use beginning
inventory, forecasts, and customer orders for inputs.
31.
What is a covering Process (or Operation): A covering
process/operation is a prices that covers the necessary guidelines to
function according to plan
32.
List 4 of the hidden costs of installing ERP: Training, data
conversion, data analysis (NEED ONE MORE)
33.
What is meant by a closed loop system: A closed loop
system is a system that has feedback loops. They evaluate a proposed
material plan relative to available capacity.
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