MCQ on Master Production Schedule (MPS)

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.