Review of Core Concepts Part1 The relationship between capacity requirements pla

Question

Review of Core Concepts

Part1

The relationship between capacity requirements planning and resource planning is similar to the relationship between ____.

a. the dispatch list and material requirements planning
b. input/output control and capacity requirements planning
c. material requirements planning and sales and operation planning
d. the master production schedule and the sales and production plan

Part2

Which of the following is a characteristic of the JIT/Lean philosophy?

I. Inventories are an asset.
II. Workers are an asset.
III. Vendors are co-workers, essentially other departments of our organization
IV. Technologies and automation are more important than people

Which combination of statements are true?

Explanation / Answer

Part 1

The answer is given below:

c. material requirements planning and sales and operation planning

The capacity planning would be on material requirements and the resource planning would be on the operation and sales planning.

Part 2

The answer is given below:

I. Inventories are an asset.

The JIT is to reduce the waste and the raw material are purchase according to the demand.

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