100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
OSCM exam 3 questions with correct answers $15.99   Add to cart

Exam (elaborations)

OSCM exam 3 questions with correct answers

 6 views  0 purchase
  • Course
  • OSCM 373
  • Institution
  • OSCM 373

OSCM exam 3 questions with correct answers

Preview 2 out of 12  pages

  • September 18, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • OSCM 373
  • OSCM 373
avatar-seller
kirus27
OSCM exam 3

the fixed order quantity rule ____ - correct answer ✔✔maintains the same order quantity each time an
order is issued



an end item A is assembled from two (2) B components and two (2) subassembly. the C subassembly is
composed of one of each component B and D. If we need to produce 100 units of A, how many units of
component B is needed? - correct answer ✔✔400



the periodic order quantity (POQ) rule tends to keep more inventory on hand than the lot-for-lot rule,
but less inventory on hand than the fixed order quantity rule - correct answer ✔✔true



which of the following is not needed to develop and MPS? - correct answer ✔✔Bill of materials



for the lot-for-lot lot-sizing technique to be appropriate, ____ - correct answer ✔✔set up costs should be
relatively small



what system helps make calculations regarding the volume and timing of materials needed? - correct
answer ✔✔materials requirements planning



the ____ is the input to MRP which lists the assemblies, subassemblies, parts and raw materials needed
to produce one unit of a finished product - correct answer ✔✔bill of materials



material requirements planning (MRP) is a computerized information system that was developed
specifically to help companies manage dependent demand inventory and schedule replenishment orders
- correct answer ✔✔true



the master production schedule (MPS) is a document that links the firms strategies and tactical plans -
correct answer ✔✔true

, an end item that is assembled from two or more components and is also categorized as WIP is described
as a - correct answer ✔✔subassembly



the MPS calls for 110 units of Product A, there are currently 60 of Product A on hand. Each A requires 4
of Part B, there are 20 units of B available. the net requirements for B are ____ - correct answer ✔✔180



a materials requirements plan (MRP) explosion occurs when the system is bombarded with too many
orders to schedule at one time - correct answer ✔✔false



which of the following is an example of dependent demand for manufactured goods? - correct answer
✔✔hospital bed sheets



an items gross requirements are derived from which sources? - correct answer ✔✔both MPS and
planned order releases for parents below the MPS level



changes to the MPS can be costly since it is the basis of all subassembly, component, and purchased
materials schedules. - correct answer ✔✔true



a recognition award is assembled from a wood plaque, a stiff paper certificate, a plexiglass sheet, and
four decorative screws. the plexiglass sheet is an example of a parent - correct answer ✔✔false



which of the following lot-sizing-techniques results in the lowest holding costs? - correct answer ✔✔lot-
for-lot



a component is an item that may go through one or more operations to be transformed into or become
part of one or more parents - correct answer ✔✔true



a master production schedule specifies ____ - correct answer ✔✔what product is to be made, and when



to calculate the projected on-hand inventory at the end of a period, which of the following is needed? -
correct answer ✔✔MPS quantity due at the start of the current period, projected requirements for the
current period, and on-hand inventory at the end of the last period

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller kirus27. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.99
  • (0)
  Add to cart