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OPRE 4320 EXAM 3 REVIEW QUESTIONS

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2025/2026 Written for academic year
Institution University Of Texas - Dallas
Course OPRE 4320
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OPRE 4320 EXAM 3 REVIEW QUESTIONS

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OPRE 4320 EXAM 3 REVIEW QUESTIONS



Safety Stock - Answers - the amount of inventory carried in addition to the expected
demand

Reasons for carrying safety stock - Answers - 1) uncertainty in demand due to forecast
inaccuracy
2) uncertainty in replenishment due to unreliable suppliers

two major decision with safety stock - Answers - where should the safety stock be held
in the supply chain
how much safety stock to have

consumption based planning - Answers - derives requirements based on historical
consumption data

consumption based planning methods in SAP - Answers - Reorder point planning
manual reorder point
automatic reorder point

Execution cycle - Answers - order request
order creation
availability checks
machine loading
order release
download to PDC system
order printing
material staging
material withdraw posting
upload from PDC system
confirmations
WIP determination
goods receipt
variance calculations
order settlement
archiving/deletion

Material Reservation - Answers - request for a warehouse to keep materials ready for
withdraw at a future date

picking - Answers - withdrawing materials from a storage warehouse

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