CIPS L4M7 Exam - Topic 1 Question 18 Discussion

Actual exam question for CIPS's L4M7 exam

Question #: 18
Topic #: 1

[All L4M7 Questions]

MRP software is applied to schedule which of the following?

ATax accounting

BProduction processes

CHuman resource management

DExecutive meetings

Show Suggested Answer

Suggested Answer: C

For single items, an extra investment in inventory (higher levels of safety stock) will always in-crease customer service levels. Conversely, higher service levels imply larger quantities of safety stocks and an increased investment in inventory. (Procurement and Supply Chain Management - 9th Edition)

LO 2, AC 2.2

by Abel at Jul 06, 2023, 02:32 AM

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Armando

6 months ago

Definitely just for scheduling production, nothing else!

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Rolland

6 months ago

Really? I didn’t know MRP was that specific.

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Velda

7 months ago

Wait, I thought it was also used in HR management?

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Talia

7 months ago

Totally agree, it’s not for tax accounting.

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Shawna

7 months ago

MRP software is all about production processes!

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Shelba

7 months ago

I feel like I’ve seen similar questions before, and they pointed towards production processes being the main focus of MRP software.

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Marnie

7 months ago

I’m a bit confused; I thought MRP could also apply to scheduling in other areas, but I guess it’s mostly focused on production?

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Lajuana

8 months ago

I remember practicing a question about MRP, and I think it was related to managing inventory in production. So, B seems right.

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Gearldine

8 months ago

I think MRP software is mainly used for production processes, but I'm not entirely sure if it covers anything else.

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Valda

8 months ago

Hmm, I think I'll go with 1 and 3 - empathy and social intelligence. Those seem to capture the interpersonal and emotional aspects of soft skills the best.

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Verdell

8 months ago

Rebuilding from scratch seems like a lot of extra work. I'd avoid that if possible. Cloning the hard drive could work, but the vendor tool is probably the way to go.

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Dannie

8 months ago

I'm pretty sure "Imported" is one of the right answers since we discussed it in a similar question last week.

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Cory

8 months ago

This is a good question. I'll focus on the key uses of historical data, like forecasting resource requirements and troubleshooting performance problems. The other options seem less directly relevant.

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Ruby

8 months ago

I think it's got to be about monitoring failures, and "Dynamic Failure Detection and Recovery" sounds right. Didn't we cover "watchdog" systems?

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William

1 year ago

MRP is short for 'Magical Rabbit Potions', right? No? Oh, wait, that's not right at all.

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Harrison

12 months ago

Oh, I see. So it's used to schedule production processes.

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Andrew

1 year ago

No, MRP stands for Material Requirements Planning.

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Gail

1 year ago

B) Production processes

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Gail

1 year ago

Executive meetings? What is this, a corporate retreat planning software?

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Natalie

1 year ago

Oh, I see. Thanks for clarifying!

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Fairy

1 year ago

No, MRP software is used to schedule production processes.

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Sabina

1 year ago

B) Production processes

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Freeman

1 year ago

Human resource management? Really? I don't think MRP has anything to do with that.

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Andra

1 year ago

I thought MRP was for taxes and accounting. Guess I need to brush up on my operations management.

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Rhea

11 months ago

I thought MRP was for taxes and accounting. Guess I need to brush up on my operations management.

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Theola

11 months ago

D) Executive meetings

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Stephaine

11 months ago

C) Human resource management

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Jillian

11 months ago

B) Production processes

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Linn

11 months ago

A) Tax accounting

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Alonzo

11 months ago

D) Executive meetings

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Tammara

1 year ago

C) Human resource management

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Troy

1 year ago

B) Production processes

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Leontine

1 year ago

A) Tax accounting

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Gerald

1 year ago

I'm not sure, but I think MRP software is not used for tax accounting or executive meetings.

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Maynard

1 year ago

I agree with Mireya, MRP software helps in scheduling production.

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Buffy

1 year ago

Production processes, of course! MRP is all about optimizing manufacturing workflows.

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Willard

1 year ago

That's right! It helps in managing inventory and production schedules.

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Donte

1 year ago

Yes, MRP software is used to schedule production processes efficiently.

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Mireya

1 year ago

I think MRP software is used for production processes.

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Jennifer

1 year ago

I'm not sure, but I think MRP software is not used for tax accounting or executive meetings.

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Brianne

1 year ago

I agree with Patti, MRP software helps in scheduling production.

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Patti

1 year ago

I think MRP software is used for production processes.

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