SCM 301 Exam #4 questions with correct answers
graded A+ passed
1. Master
-Detailed planning process that tracks production output and matches this
Schedul- ing
output to customer orders
*- Production = Orders*
-Projected Ending Inventory calculation
2. Projected End-
ing Inventory *(given)*
for Master *EI(t-1)* is the previous period
Schedule *- Negative* projected ending inventory suggests that *more production*
Record (pg. may be needed if the sales forecasts are accurate
171)
3. Planning Horizon Time from now until the end of the schedule
4. Forecasted What we *thought* we would sell (given)
De- mand
5. Booked Orders What we've *sold* up to this point
6. Projected What we are trying to *calculate*
Inven- tory
Levels
-What's *still available* that we haven't already promised to customers
7. Available
*- Negative ATP:* the available inventory is *oversold* and additional
to
units should be manufactured/purchased
Promise
-Part of the *Master Schedule Record*
*(given)*
8. Available to *EI(t-1)* is the previous period
Promise (ATP) *z-1* is the last week going forward until we produce again
- pg. 171 -Only calculate if *MPS > 0!!*
^^be able to calculate
, SCM 301 Exam #4 questions with correct answers
graded A+ passed
9. Bill of -A listing of *all the things/components* that go into making the product
Material -Provides *Product Structure Tree*
(BOM)
-Shows low-level coding
^^know this
10. Product Shows how the components in the BOM are *put together*
Struc- ture
^^know this
Tree
The process of *working backward* from the master production schedule
11. "Exploding" for a level 0 item (chair) to determine the *quantity and timing of orders* for
the BOM the various subassemblies and components
The time from when a component or material is *ordered until it arrives*
12. Planning and is ready to use
Lead Time
For purchased items and for production???
13. Lead Times
(pg. 165)
14. MRP Record *- Gross Requirements:* how many needed? (demand)
*- Scheduled Receipts:* already on order (given)
*- Projected Ending Inventory*
*- Net Requirements:* how many more needed
, SCM 301 Exam #4 questions with correct answers
graded A+ passed
*- Planned Receipts:* new orders needed
graded A+ passed
1. Master
-Detailed planning process that tracks production output and matches this
Schedul- ing
output to customer orders
*- Production = Orders*
-Projected Ending Inventory calculation
2. Projected End-
ing Inventory *(given)*
for Master *EI(t-1)* is the previous period
Schedule *- Negative* projected ending inventory suggests that *more production*
Record (pg. may be needed if the sales forecasts are accurate
171)
3. Planning Horizon Time from now until the end of the schedule
4. Forecasted What we *thought* we would sell (given)
De- mand
5. Booked Orders What we've *sold* up to this point
6. Projected What we are trying to *calculate*
Inven- tory
Levels
-What's *still available* that we haven't already promised to customers
7. Available
*- Negative ATP:* the available inventory is *oversold* and additional
to
units should be manufactured/purchased
Promise
-Part of the *Master Schedule Record*
*(given)*
8. Available to *EI(t-1)* is the previous period
Promise (ATP) *z-1* is the last week going forward until we produce again
- pg. 171 -Only calculate if *MPS > 0!!*
^^be able to calculate
, SCM 301 Exam #4 questions with correct answers
graded A+ passed
9. Bill of -A listing of *all the things/components* that go into making the product
Material -Provides *Product Structure Tree*
(BOM)
-Shows low-level coding
^^know this
10. Product Shows how the components in the BOM are *put together*
Struc- ture
^^know this
Tree
The process of *working backward* from the master production schedule
11. "Exploding" for a level 0 item (chair) to determine the *quantity and timing of orders* for
the BOM the various subassemblies and components
The time from when a component or material is *ordered until it arrives*
12. Planning and is ready to use
Lead Time
For purchased items and for production???
13. Lead Times
(pg. 165)
14. MRP Record *- Gross Requirements:* how many needed? (demand)
*- Scheduled Receipts:* already on order (given)
*- Projected Ending Inventory*
*- Net Requirements:* how many more needed
, SCM 301 Exam #4 questions with correct answers
graded A+ passed
*- Planned Receipts:* new orders needed
