Operation Management Practice Exam Please place answers on the answer key on the last page 1.

Operation Management Practice ExamPlease place answers on the answer key on the last page1.A manufacturing environment in which previously completed subassemblies are configured to order is known asA)assemble-to-orderB)make-to-stockC)finished goods productionD)aggregate production planning2.Lot sizing rules are used to determine the quantities in which items are usually made or purchased.A)TrueB)False3.Given the following MRP matrix for Item D:PeriodLT: 21234567Gross Requirements6090150150180270120Schedule Receipts150120Net RequirementsPlanned Order ReceiptsPlanned Order ReleasesThe planned order release for period 5 would beA)100B)120C)160D)2704.The process of determining requirements for lower level items in MRP is referred to asA)lot sizingB)nettingC)backward schedulingD)explosion5.Given the following Product Structure RecordThe number of G's required to assemble 10 A's would beA)9B)10C)90D)1806.To determine the demand for dependent items a forecast of their requirements is needed.A)TrueB)False7.Products with simple structures typically do not need material requirements planning (MRP) to plan production or monitor inventory levels.A)TrueB)False8.Given the following Product Structure RecordThe number of F's required for each A would beA)2B)3C)12D)169.A firm has the following gross requirements for Item F. If ordering costs are $60 per order and carrying costs are $0.50 per period.Item FPeriodLT: 11234Gross Requirements60408060Schedule Receipts100Net RequirementsPlanned Order ReceiptsPlanned Order ReleasesIf the periodic order quantity lot sizing rule is used, the number of periods worth of requirements would beA)0B)1C)2D)310.See attached spreadsheet. Please attach spreadsheet when returning the midterm.11.Capacity requirements planning (CRP) is a computerized system that projects the load from a given material plan onto the capacity of a system and identifies underloads and overloads.A)TrueB)False12.What is a bill-of-material?13.Demand for components that does not have to be forecasted but is derived from the demand for the finished product is referred to asA)independent demandB)dependent demandC)statistical demandD)aggregate demand14.Material requirements planning (MRP) is useful for managing and scheduling independent demand items.A)TrueB)False15.All of the following are inputs to the MRP process exceptA)the master production scheduleB)the product structure fileC)the item master fileD)the planned order reportOperation Management Midterm Answer SheetName: __________________________ Date: _____________1.__________________2.__________________3.__________________4.__________________5.__________________6.__________________7.__________________8.__________________9.__________________10.__________________11.__________________12.________________________________________________________________________________________________________________________________________________________________________________________________________________________13.__________________14.__________________15.__________________