MRP
The term MRP stands for
What is material requirements planning?
Level of inventory in stock at which a new order is placed. a. Service level; b. Reorder point; c. Safety stock
What is reorder point?
The Supply Chain 2 teacher
Who is Juan Pablo?
The process of determining the quantity and timing of production over an intermediate time frame
What is Aggregate Planning?
Is the capital of Argentina
What is Buenos Aires?
The process of subtracting inventory and scheduled receipts from gross requirements
a. Net requirements; b. Order placement; c. netting; d. Structure file
What is netting?
It is the demand of parts or components that depends on the demand of finished products
What is dependent demand?
Is the teacher's favourite Premier League team
What is Manchester United?
A strategy where the workforce is changed to adjust to changes in demand forecast
What is chase strategy?
The country whose capital is Brussels
What is Belgium?
The percentage of available working time that a worker spends working or a maching operating
The probability that the amount of inventory on hand during lead time is sufficient to meet expected demand. a) Safety stock; b) Customer service; c) Service level; d) Lead Time
What is service level?
The days of the week when we have class
What are Monday, Wednesday and Friday?
A strategy where production is leveled and variatios in demand are absorbed by keeping inventory
What is level strategy?
Where the capital city is Riga
What is Latvia?
Software that organizes and manages a company's business process by sharing information across functional areas. a) ERP; b) CRP; c) MRP; d)CRM
What is ERP?
Is the reorder point when daily constant demand is 10u/day and lead time is 1.5 days
What is 15 units?
Is the teacher's PhD degree
What is Industrial Engineering / Operations Research?
The capital of South Korea
What is Seoul?
How well a machine or worker performs compared to a standard output level
Is the opitmal EOQ number of units when Co=12.5, annual demand is 72 and annual unit Cc=2
What is 30?
Is the weight of the Final Exam of this course
What is 35%?
An exact method adapted to aggregate planning to decide on regular production, overtime and subcontracting
What is the transportation method?
The capital of Bosnia & Herzegovina
What is Sarajevo?