COMPLETE WITH VERIFIED ANSWERS
\.Which system is concerned with planning and controlling all aspects of
manufacturing, including managing materials, scheduling machines and people,
and coordinating suppliers and key customers? - ANSWERS✔-The manufacturing
planning and control system
\.The development of which system is key to the success of any goods producing
company? - ANSWERS✔-An effective manufacturing planning and control system
\.What are the essential task of the MPC system? - ANSWERS✔-To manage the
utilization of people
To manage the utilization of equipment
To manage efficiently the flow of material
To respond to customer requirements.
\.The support activities of the MPC system can be broken roughly into how many
time horizons? - ANSWERS✔-three
\.In which time horizon, the system is responsible for providing information to
make decisions on the appropriate amount of capacity (including equipment,
,buildings, suppliers, and so forth) to meet the market demands of the future? -
ANSWERS✔-long term
\.In which time horizon, the fundamental issue addressed by the MPC system is
matching supply and demand in terms of both volume and product mix? -
ANSWERS✔-medium term
\.In which time horizon, detailed scheduling of resources is required to meet
production requirements? - ANSWERS✔-short term
\.Which time horizon planning is necessary for the firm to provide the appropriate
mix of human resource capabilities, technology, and geographical locations to
meet the firm's future needs? - ANSWERS✔-long term
\.In which time horizon planning "customers" are provided information on
expected delivery times and communicating to suppliers the correct quantities
and delivery times for the material they supply. - ANSWERS✔-medium term
\.Which time horizon does involve time, people, material, equipment, and
facilities? - ANSWERS✔-short term
\.________________ planning balances the sales/marketing plans with available
production resources. - ANSWERS✔-sales and operation
\.The __________________ is the disaggregated version of the sales and
operations plan. - ANSWERS✔-Master production schedule (MPS)
, \.The MPS must support the _____________ plan. - ANSWERS✔-sales and
operations
\._____________ determines the capacity necessary to produce the required
products now and in the future. - ANSWERS✔-resource planning
\._____________ determines (explodes) the period-by-period (time phased) plans
for all component parts and raw materials required to produce all the products in
the MPS. - ANSWERS✔-Material requirements planning (MRP)
\.Detailed material planning can involve calculating requirements for thousands of
parts and components, using a formal logic called material requirements planning
(MRP). - ANSWERS✔-Material requirements planning (MRP)
\.______________ systems provide inputs to the financial, distribution,
marketing, and human resources systems that require the information. -
ANSWERS✔-Management production schedule (MPS)
\.____________ is one of MPC system approaches, in which time between
successive units is based on "seconds". - ANSWERS✔-flow
\.____________ is one of MPC system approaches, in which time between
successive units is based on "minutes". - ANSWERS✔-repetitive