Knowee
Questions
Features
Study Tools

Which of the following statements is not an objective of Material Requirements Planning (MRP)?Group of answer choicesMaintain the lowest possible level of inventoryEnsure the availability of materials, components and products for planned productionPlan manufacturing activities, delivery schedules and purchasing activitiesEnsure the availability of materials, components and products for customer deliveryNegotiate with suppliers to modify material properties (e.g. tensile strength, thermal conductivity, etc.) to maximise production financial gains

Question

Which of the following statements is not an objective of Material Requirements Planning (MRP)?Group of answer choicesMaintain the lowest possible level of inventoryEnsure the availability of materials, components and products for planned productionPlan manufacturing activities, delivery schedules and purchasing activitiesEnsure the availability of materials, components and products for customer deliveryNegotiate with suppliers to modify material properties (e.g. tensile strength, thermal conductivity, etc.) to maximise production financial gains

...expand
🧐 Not the exact question you are looking for?Go ask a question

Solution

The statement that is not an objective of Material Requirements Planning (MRP) is: "Negotiate with suppliers to modify material properties (e.g. tensile strength, thermal conductivity, etc.) to maximise production financial gains".

MRP is primarily concerned with planning and scheduling, not with negotiating material properties. This task would typically fall under the purview of a procurement or materials engineering team, not an MRP system.

This problem has been solved

Similar Questions

Which of the following statements is not appropriate to job shop production?Group of answer choicesProduct cost is normally high because of high material and labour costsCost of production is low owing to the rate of productionIn process inventory will usually be high as accurate plans and schedules is difficult to achieveMaterial handling systems are also flexible to meet changing product requirementsLabour force should be skilled enough to deal with work conditionsNext

Which one of the following is not a step for  determining production capacity requirements?Group of answer choicesCalculating labor needsProjecting availability of equipmentPredicting raw material availabilityForecasting product salesProjecting machine availability

MRP is a computer based operations management system that uses ______ to make sure that needed parts and materials are available at the right time and place.Multiple choice question.customer feedbacksales forecastsinventory recordsdaily accounting reports

Required materials purchases = Materials to be used in production Blank______.Multiple choice question.– Estimated ending materials inventory + Estimated beginning materials inventory– Estimated ending materials inventory – Estimated beginning materials inventory+ Estimated ending materials inventory – Estimated beginning materials inventory+ Estimated ending materials inventory + Estimated beginning materials inventory

The primary inputs to  MRP  areMultiple Choiceinventory records, master production schedule, bill of materials (BOM).inventory records, master production schedule, fixed-period order intervals.inventory records, planned–order receipts, part-period balancing program.inventory records, planned–order receipts, net requirements.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.