Concept Ch 14 – Key Benefits of MRP
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
What is one of the advantages of MRP?
Demand is Dependent if…
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Asks what makes demand dependent.
Effective use of MRP Models Will not Require Which?
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Asks what MRP requires and what it doesn’t.
In MRP, What Causes System Nervousness?
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Asks the cause of nervousness.
Quiz – Bolton Electric Light Bulbs
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Given the boxes of light bulbs ordered per year, the cost of a box, the order cost and the carry cost on an annual basis, determine the annual cost of ordering and carrying the boxes.
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Quiz – Decision to produce internally or externally
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
What is the decision that involves choosing between producing something internally or purchasing it externally called?
Quiz – False Regarding ABC Analysis
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Determine the false statement regarding ABC analysis.
Quiz – Lot-Sizing Technique Known as Lot-for-lot
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
When would the lot-for-lot sizing technique be appropriate to use?