CIPS Exam L4M7 Topic 3 Question 49 Discussion

Actual exam question for CIPS's L4M7 exam

Question #: 49
Topic #: 3

[All L4M7 Questions]

One of the important outputs of an MRP system is the material requirement plan. This plan shows the net requirements for materials or components to make the final product. Which of the following best describes the net material requirements?

AGross requirements + on-order - Inventory on-hand

BOn order + Inventory on-hand

CTotal requirements - order releases + amount on-hand

DGross requirements - Inventory level - Scheduled receipt

Show Suggested Answer

Suggested Answer: A

Decommissioning or disposal should start with the original specifications of the assets so that the organisation and supplier can make an appropriate plan. Some specifications also mention the is-sues regarding to end-of-life environmental factors.

LO 3, AC 3.3

by Izetta at Oct 19, 2024, 10:17 AM

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Gearldine

1 months ago

Option D, hands down! It's the only one that considers all the relevant factors. Plus, it just sounds more professional, you know?

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Chana

1 months ago

I see your point, but I still think option D is the most comprehensive approach.

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Isadora

1 months ago

I prefer option A actually. It seems more straightforward to calculate the net material requirements.

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Millie

1 months ago

I think option D is the best choice too. It takes into account all the necessary components.

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Tamar

2 months ago

Hmm, this is a tricky one. I'm leaning towards Option C, but I'm not completely sure. I guess I'll have to double-check my MRP knowledge before answering.

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Elenore

9 days ago

I'm not sure either, let's review the material requirement plan concept together.

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Lynna

18 days ago

I believe it's D) Gross requirements - Inventory level - Scheduled receipt.

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Lettie

29 days ago

I think it's A) Gross requirements + on-order - Inventory on-hand.

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Carissa

2 months ago

Haha, this question is a piece of cake! I'm going with Option D because it's the most comprehensive and logical way to determine the net material requirements.

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Iraida

2 months ago

I disagree, I think Option A is the best description. It includes the on-order quantities and subtracts the inventory on-hand, which is the core of the net material requirements calculation.

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Malinda

2 months ago

I'm not sure, but I think the answer might be C) Total requirements - order releases + amount on-hand. It seems to make sense to calculate the net requirements this way.

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Paulene

2 months ago

I agree with Leonida. The net material requirements should take into account what we need, what is on order, and what we already have in inventory.

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Leonida

2 months ago

Option D seems like the correct answer to me. It takes into account the gross requirements, inventory level, and scheduled receipts to calculate the net material requirements.

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