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1) A bill of materials a) is a structured list of all the materials or parts nee

ID: 2586218 • Letter: 1

Question

1) A bill of materials
a) is a structured list of all the materials or parts needed to produce one unit of a finished product
b) is rarely revised once established
c) will lead to sufficient MRP system performance as long as the “threshold degree” of accuracy of
approximately 75% is met
d) is used as an input for dispatching decisions on the shop floor

2) Which of the following statements is NOT correct?
a) A strong purchasing function requires a bidding process for all purchases made
b) A request for quotation (RFQ) asks for product, procurement terms, and price information
c) A reverse auction is a type of RFQ process
d) A request for proposal asks suppliers how they would solve a problem

Explanation / Answer

A bill of materials is a structured list of all the materials or parts needed to produce one unit of a finished product. Opion A is correct 2 A request for quotation (RFQ) asks for product, procurement terms, and price information is NOT correct