1. MPS stands for:
A.
Master Planning
System
B.
Master
Production Schedule
C.
Material
Production Schedule
D.
Material
Planning System
2. Which of the following information can be obtained from an MPS?
A. Dependent demand
B. Planning time fence
C. Available-to-promise quantities
D. Demand time fence
3.
A master
production schedule contains information about
A. Quantities and required delivery dates of all
sub-assemblies
B. Quantities and required delivery dates of final products
C. Inventory on hand for each sub-assembly
D. Inventory on hand for each final product
4. Which of the following functions can make use of MPS information?
A. Manufacturing
B. Marketing
C. Finance
D. All of the above
5. A master production schedule specifies
A.
The financial
resources required for production
B.
What component
is to be made, and when
C.
What product is
to be made, and when
D.
The labour hours
required for production
6.
Which of the following
statements is not true regarding developing an MPS?
A. The on-hand inventory must be prevented from becoming negative
B. When customer orders booked are known, it will always be used in
the on-hand inventory calculation
C.
Order policy and
lead-time must be known
D. The on-hand inventory for the beginning of the period must be
known
7. To calculate the projected
on-hand inventory at the end of a period, which of the following are needed?
A. MPS quantity due at the start of the current period
B. Projected requirements for the current period
C. On-hand inventory at the end of the last period
D.
All of the above
8.
The
_________ is a plan for production of an individual end items.
A.
MPS
B.
JIT
C.
MRP
II
D.
MRP
9. The first step in
preparing an MPS is:
A. Resolve differences between the preliminary MPS and the capacity available
B. Check the preliminary MRP against available capacity
C. Develop a preliminary MRP
D.
Develop a rough-cut
capacity plan
10. Which of the following
is not needed to develop an MPS?
A. Projected requirements
B. Order policy
C. Bill of materials
D.
Beginning inventory of
hand
Answers-
1-B,
2-C, 3-B, 4-D, 5-C, 6-B, 7-D, 8-A, 9-C, 10-C.
