Which of the Following Would Not Explain Why Academic Economists

question 166

Multiple Choice

Which of the following would not explain why academic economists earn less than corporate economists?

• A)more freedom in daily schedules
• B)less restrictions on attire
• C)less freedom in choice of research topics
• D)less control over their public statements
• E)None of the answers is correct.

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Definitions:

MRP

Material Requirements Planning, a system for managing manufacturing processes by ensuring that materials and products are available for production and delivery at the right time.

Computer-based Production Planning

The use of computer systems and software to plan, coordinate, and optimize the production process in manufacturing.

Inventory System

A mechanism for tracking and managing an organization's goods throughout their lifecycle, from procurement to sale.

Materials Requirement Planning

A production planning, scheduling, and inventory control system used to manage manufacturing processes, ensuring materials are available for production and products are available for delivery.