California State University-Fullerton MGMT 339 FINAL EXAM ||
100% Verified Answers.
Aggregate Planning correct answers to give management an idea of what quantity of materials to
be procured and when
Disaggregation correct answers analytic disassembly which have been aggregated (lumped
together)
Master Production Schedule (MPS) correct answers a timetable that specifies what is to be made
and when
Rough-cut Capacity Planning correct answers verifies sufficient capacity available to meet
requirements for MPS
time fences correct answers points in time that separate phases of a master schedule planning
horizon
Inputs correct answers the resources—such as labor, money, materials, and energy—that are
converted through a process
beginning inventory, forecast, customer orders
Outputs correct answers projected inventory, MPS, uncommitted inventory
Available to Promise (ATP) correct answers planned production not already committed to a
customer
inventory available for request product
uncommitted inventory
customer service feature
, Dependent Demand correct answers demand for items that are subassemblies or component parts
to be used in the production of finished goods
Material Requirements Planning (MRP) correct answers a planning system that schedules the
precise quantity of materials needed to make the product
Master Schedule correct answers determines supply quantity required to meet demand.
cumulative lead time correct answers The sum of the lead times that sequential phases of a
process require, from ordering of parts or raw materials to completion of final assembly.
Bill of Materials (BOM) correct answers One of the three primary inputs of MRP; a listing of all
of the raw materials, parts, subassemblies, and assemblies needed to produce one unit of a
product.
Inventory Records correct answers identify the type and number of products on hand for sale
lot sizing correct answers the determination of how frequently and in what quantity to order
inventory
Backflushing correct answers a technique that automatically records the goods issue when the
order is confirmed
ERP (Enterprise Resource Planning) correct answers Integration of financial, manufacturing, and
human resources in a single database.
8 functions of inventory correct answers 1. Anticipate customer demand
2. Smooth seasonal requirements
3. Decouple operations with buffers
100% Verified Answers.
Aggregate Planning correct answers to give management an idea of what quantity of materials to
be procured and when
Disaggregation correct answers analytic disassembly which have been aggregated (lumped
together)
Master Production Schedule (MPS) correct answers a timetable that specifies what is to be made
and when
Rough-cut Capacity Planning correct answers verifies sufficient capacity available to meet
requirements for MPS
time fences correct answers points in time that separate phases of a master schedule planning
horizon
Inputs correct answers the resources—such as labor, money, materials, and energy—that are
converted through a process
beginning inventory, forecast, customer orders
Outputs correct answers projected inventory, MPS, uncommitted inventory
Available to Promise (ATP) correct answers planned production not already committed to a
customer
inventory available for request product
uncommitted inventory
customer service feature
, Dependent Demand correct answers demand for items that are subassemblies or component parts
to be used in the production of finished goods
Material Requirements Planning (MRP) correct answers a planning system that schedules the
precise quantity of materials needed to make the product
Master Schedule correct answers determines supply quantity required to meet demand.
cumulative lead time correct answers The sum of the lead times that sequential phases of a
process require, from ordering of parts or raw materials to completion of final assembly.
Bill of Materials (BOM) correct answers One of the three primary inputs of MRP; a listing of all
of the raw materials, parts, subassemblies, and assemblies needed to produce one unit of a
product.
Inventory Records correct answers identify the type and number of products on hand for sale
lot sizing correct answers the determination of how frequently and in what quantity to order
inventory
Backflushing correct answers a technique that automatically records the goods issue when the
order is confirmed
ERP (Enterprise Resource Planning) correct answers Integration of financial, manufacturing, and
human resources in a single database.
8 functions of inventory correct answers 1. Anticipate customer demand
2. Smooth seasonal requirements
3. Decouple operations with buffers
