Question 1

A manufacturing company enters 2016 with a forecast and customer orders as shown in the table. They have a beginning inventory of 25 units and a batch size of 25 units (all MPS quantities must be in multiples of 25). Complete the rest of the master production schedule by filling in the projected ending inventory, master production schedule quantity, and available to promise rows.
 $$\begin{array} { | l | c | c | c | c | c | c | } 
\hline \text { Month } & 1 & 2 & 3 & 4 & 5 & 6 \
\hline \text { Forecast } & 140 & 150 & 170 & 190 & 225 & 275 \
\hline \text { Booked Orders } & 145 & 120 & 95 & 50 & 0 & 0 \
\hline \text { Projected Ending } & & & & & & \
\hline \text { Inventory } & & & & & & \
\hline \text { Master Production } & & & & & & \
\text { Schedule } & & & & & & \
\hline \text { Available to Promise } & & & & & & \
\hline
\end{array}$$

Accepted Answer

The answer of A manufacturing company enters 2016 with a...

Question 2

Given the forecast and booked orders shown in the table, and a beginning inventory of 12, complete this master production schedule. The company operates with a lot size of 144.
 $$\begin{array} { | l | c | c | c | c | c | c | } 
\hline \text { Period } & 1 & 2 & 3 & 4 & 5 & 6 \
\hline \text { Forecasted Demand } & 268 & 355 & 480 & 660 & 840 & 900 \
\hline \text { Booked Orders } & 520 & 400 & 325 & 450 & 420 & 300 \
\hline \text { Projected ending inventory } & & & & & & \
\hline \text { Master production schedule } & & & & & & \
\hline \text { Available to Promise } & & & & & & \
\hline
\end{array}$$

Accepted Answer

The answer of Given the forecast and booked orders shown...

Question 3

Confirmed demand for products is called ________ in master scheduling.

Accepted Answer

The answer of Confirmed demand for products is called ________...

Question 4

When calculating ending inventory, what does the option presented in the -maximum(F,OB)portion of the equation accomplish? In other words, why don't we always subtract the F value or always subtract the OB value.

Accepted Answer

The answer of When calculating ending inventory, what does the...

Question 5

Consider the product structure tree shown below:  With a beginning inventory of twenty for all components on level one, five for all components on level two, and zero for all components on level three and finished items, how many K's are needed to produce 25 product X's?

Accepted Answer

To produce 25 product X's, we need to compute the number of K's required for Level 3 components, then Level 2 components, then Level 1 components using the product structure tree. 
Level 3: 25 x 4 = 100 K's
Level 2: 25 x 2 x 5 = 250 K's
Level 1: 25 x 2 x 2 x 11 = 1,100 K's
Total K's required = 100 + 250 + 1,100 = 1,450 K's 
However, we already have 20 for Level 1 components and 5 for Level 2 components in inventory. Therefore, we only need to produce 1,425 K's. 
The answer option that matches this calculation is B, which is 540.

Question 6

The longer the production and supplier lead times, the longer the master scheduling record's planning horizon needs to be.

Accepted Answer

This statement is true. If lead times are long, then the master scheduling record needs to start further in advance in order to ensure that all necessary materials and resources are available when needed. A longer planning horizon allows for greater visibility and control over the entire production process.

Question 7

Material requirements planning is performed at a greater level of detail than master scheduling.

Accepted Answer

Material requirements planning (MRP) is a more detailed planning process than master scheduling. MRP determines the requirements for each component, sub-assembly, or raw material needed to produce a finished product, whereas master scheduling focuses on overall production goals and schedules.

Question 8

An operations manager should be able to take the master schedules and add them up to arrive at the inventory and production levels in the sales and operations plan.

Accepted Answer

An operations manager should have a thorough understanding of the sales and operations plan and be able to use the master schedules to determine the inventory and production levels needed to meet that plan.

Question 9

Consider the product structure tree shown below:  With a beginning inventory of zero for all components and finished items, how many assembly E's are needed to produce 20 product X's?

Accepted Answer

The answer of Consider the product structure tree shown below:...

Question 10

________ translates the master schedule for final products into detailed material requirements.

Accepted Answer

The answer of ________ translates the master schedule for final...

Question 11

Describe the scope, inputs, and outputs of sales and operations planning, master scheduling, and MRP.

Accepted Answer

The answer of Describe the scope, inputs, and outputs of...

Question 12

Consider the product structure tree shown below:  With a beginning inventory of twenty for all components on level one, five for all components on level two, and zero for all components on level three and finished items, how many more K's than F's are needed to produce 25 product X's?

Accepted Answer

The answer of Consider the product structure tree shown below:...

Question 13

The estimated inventory level of an end item at the end of each time period is the ________.

Accepted Answer

The answer of The estimated inventory level of an end...

Question 14

Consider the product structure tree shown below:  With a beginning inventory of ten for all components on level one, five for all components on level two, and zero for all components on level three and finished items, how many assembly E's are needed to produce 20 product X's?

Accepted Answer

The answer of Consider the product structure tree shown below:...

Question 15

In order to calculate the ending inventory for period 42, you need to know what the ending inventory was for period 41.

Accepted Answer

The ending inventory for the current period (period 42) is typically based on the ending inventory from the previous period (period 41), along with any changes made during the current period. So, in order to calculate the ending inventory for period 42, you would need to know what it was for period 41.

Question 16

Given the forecast and booked orders shown in the table, and a beginning inventory of 120, complete this master production schedule. The company operates with a lot size of 144.
 $$\begin{array} { | l | c | c | c | c | } 
\hline \text { Period } & 1 & 2 & 3 & 4 \
\hline \text { Forecasted Demand } & 500 & 450 & 400 & 600 \
\hline \text { Booked Orders } & 520 & 400 & 325 & 450 \
\hline \text { Projected ending inventory } & & & & \
\hline \text { Master production schedule } & & & & \
\hline \text { Available to Promise } & & & & \
\hline
\end{array}$$

Accepted Answer

The answer of Given the forecast and booked orders shown...

Question 17

Explain all of the information that is provided by a master schedule.

Accepted Answer

The answer of Explain all of the information that is...

Question 18

________ translates the sales and operations plan into specifics by product and establishes when each customer order will be fulfilled.

Accepted Answer

The answer of ________ translates the sales and operations plan...

Question 19

The longer the production and supplier lead times, the ________ the MPS record's ________ should be.

Accepted Answer

The answer of The longer the production and supplier lead...

Question 20

Consider the product structure tree shown below:  With a beginning inventory of zero for all components and finished items, how many assembly A's are needed to produce 25 product X's?

Accepted Answer

The answer of Consider the product structure tree shown below:...

Quiz 12: Managing Production Across the Supply Chain

Confirmed demand for products is called ________ in master scheduling.

When calculating ending inventory, what does the option presented in the -maximum(F,OB)portion of the equation accomplish? In other words, why don't we always subtract the F value or always subtract the OB value.

Consider the product structure tree shown below: With a beginning inventory of twenty for all components on level one, five for all components on level two, and zero for all components on level three and finished items, how many K's are needed to produce 25 product X's?

The longer the production and supplier lead times, the longer the master scheduling record's planning horizon needs to be.

Material requirements planning is performed at a greater level of detail than master scheduling.

An operations manager should be able to take the master schedules and add them up to arrive at the inventory and production levels in the sales and operations plan.

Consider the product structure tree shown below: With a beginning inventory of zero for all components and finished items, how many assembly E's are needed to produce 20 product X's?

________ translates the master schedule for final products into detailed material requirements.

Describe the scope, inputs, and outputs of sales and operations planning, master scheduling, and MRP.

Consider the product structure tree shown below: With a beginning inventory of twenty for all components on level one, five for all components on level two, and zero for all components on level three and finished items, how many more K's than F's are needed to produce 25 product X's?

The estimated inventory level of an end item at the end of each time period is the ________.

Consider the product structure tree shown below: With a beginning inventory of ten for all components on level one, five for all components on level two, and zero for all components on level three and finished items, how many assembly E's are needed to produce 20 product X's?

In order to calculate the ending inventory for period 42, you need to know what the ending inventory was for period 41.

Explain all of the information that is provided by a master schedule.

________ translates the sales and operations plan into specifics by product and establishes when each customer order will be fulfilled.

The longer the production and supplier lead times, the the MPS record's should be.

Consider the product structure tree shown below: With a beginning inventory of zero for all components and finished items, how many assembly A's are needed to produce 25 product X's?