In MRP Record Calculations, the Appearance of a Negative Value

question 3

Multiple Choice

In MRP record calculations, the appearance of a negative value for the gross requirements of an end item in a specific time bucket

• A) signals the need to purchase that end item in that period
• B) implies that value was scheduled by the MPS
• C) signals the need for a negative planned order receipt in that period
• D) is impossible
• E) All of the above are true.

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Definitions:

Restitution

Restitution is the act of compensating for loss or damage caused by one’s actions, often involving the return of stolen goods or payment of money to cover damages.

Voidable Contract

A contract that is valid and enforceable on the surface, but can be declared void by one of the parties due to certain defects.

Stipulate

Stipulate means to make a specific demand or condition as part of an agreement or contract.

Breach

The violation or non-fulfillment of a legal obligation, contract, or duty, which may give the aggrieved party the right to legal remedies.