Question 1: Which kind of MRP system is employed as an information system to plan and control the inventories and capacities?
A. Type I
B. Type II
C. ERP
D. None of above
Question 2: Which of the given is not a manner of handling uncertainty when operating an MRP system?
A. Safety stock
B. Safety lead time
C. Safety capacity
D. Back-up suppliers
Question 3: _______ system employs requirements order philosophy, while _____ system uses the replenishment order philosophy.
A. Order point, MRP
B. MRP, order point
C. EOQ, Quantity Discount
D. P, Q
E. Q, P
Question 4: The next two questions refer to the given table that defines a project.
The minimum time needed to complete the project is:
A. 37 days
B. 24 days
C. 22 days
D. 21 days
E. none of the above
Question 5: By using the data of Question above, the slack time for activity B is:
A. 0 day
B. 1 day
C. 3 days
D. 7 days