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BUSI 2301 (17)
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Chapter 14 questions.doc

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Department
Business
Course
BUSI 2301
Professor
All Professors
Semester
Winter

Description
Review Questions Q2301111Define Material requirements planning MRPBill of material BOMThe levels of a BOMPegging2DescribeTwo reasons why safety stock is sometimes needed in MRP planningMRP IIERP3Compare and contrastIndependent and dependent demandGross and net requirements in MRP planningAssembly diagram product structure tree indented BOMComponents and parents in a BOMSafety stock with safety time4ListThe inputs to a MRP planning processThe outputs from a MRP planning processFour alternative approaches to MRP lot sizing 5What is the equation forEPP6MRP CalculationsAssume a simplified gocart consists of only two partsthe wheels of which there are 4 and the deck assembly which is made up of a fr
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