What is used to generate a production plan at the level of aggregate supply and demand?
Sales and Operations Planning (S&OP)
What directs the company to produce specific products on particular dates?
Master Production Schedule (MPS)
What is used to create a Master Production Schedule (MPS)?
Master scheduling (MS)
What is known as the detailed planning and scheduling of shop floor equipment and resources?
Production Activity Control
What includes a forecasts time periods, the forecast itself, customer orders, projected available balance, available-to-promise, and master production schedule?
Master schedule
What is known as a part number selected to be planned by the master scheduler?
Master schedule item
What is the purpose of using time fences in MRP?
To ensure that materials needed for orders are committed to those orders and not used for other purposes.
What is known as the longest planned length of time to accomplish an activity in question?
Cumulative lead time
What is known as the set of techniques that uses bill of material data, inventory data, and the master production schedule (MPS) to calculate requirements for materials?
Material Requirements Planning (MRP)
Raw materials and components needed to produce finished goods for consumers are known as…
Dependent demand items
The demand for an item that is unrelated to the demand for other items is known as…
Independent demand
In the blue jean analogy, what is an example of an independent demand?
The blue jeans (aka finished product)
In the blue jean analogy, what is an example of dependent demand?
The material that makes up the blue jeans (the components)
What is the difference between a planned order and a firm planned order?
The firm planned order can be frozen in quantity and time whereas a planned order can automatically change via. the planning system
An open order is also known as a…
released order
An open order that has been assigned a due date is known as a…
Scheduled receipt
Planning factors include s______ s_______ c_______ and l_______ t_______.
Safety Stock Concerns
Lead Times
What is known as the complete list of components, including their quantities, that are needed to make one unit of the end item?
Bill of Material (BOM)
What does the multilevel bill of material show?
The child sub-assemblies and their components along with the parent assembly/components.
What’s the difference between a planned order receipt and a scheduled receipt?
Scheduled receipts are released whereas a planned order receipt isn’t.
What is known as a report that lists or flags only those items that deviate from the plan?
Exception report
When a family of related items is released as if it were one item, it is considered what?
Joint replenishment system
What maps out the journey of a component from work center to work center?
Routing File
What type of replenishment technique is commonly used for dependent demand?
Lot-for-Lot
-
Module 2.1 - Supply Chain Design and Optimization53
-
Module 2.2 - End-to-End Connectivity and Visibility143
-
Module 2.3 - Supply Chain Metrics and Reports69
-
Module 3.1 - Aligning Sourcing to Demand22
-
Module 3.2 - Category Strategy for Sourcing8
-
Module 3.3 - Product Design17
-
Module 3.4 - Supplier Selection, Contracting, and Use31
-
Module 4.1 - Planning Operations33
-
Module 4.2 - Capacity and Production Activity Control26
-
Module 4.3 - Inventory66
-
Module 4.4 - Performance and Continuous Improvement53
-
Module 5.1 - Logistics and Distribution9
-
Module 5.2 - Distribution Services and Transportation Choices12
-
Module 5.3 - Trade Considerations28
-
Module 5.4 - Reverse Flow11
-
Module 6.1 - Customer Relationships1
