Which of the Following Best Differentiates Material Requirements Planning (MRP)

question 102

Multiple Choice

Which of the following best differentiates material requirements planning (MRP) from finite capacity scheduling (FCS) ?

• A) FCS recognizes the finite nature of capacity while MRP does not.
• B) FCS works in services while MRP does not.
• C) MRP requires time buckets while FCS does not.
• D) FCS is an input into traditional MRP systems.
• E) FCS uses the Wagner-Whitin algorithm while MRP uses lot-for-lot and EOQ.

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Definitions:

Transactional Leadership

A leadership model based on the exchange between leaders and followers, where leaders reward or punish followers based on their performance.

Self-interests

The personal gain or benefit that motivates individual actions and decisions, often prioritized over the interests of others.

Transactional Leadership

A leadership style that focuses on the execution of transactions, tasks, and rewards based on the performance of the followers.

Exchanging Valued

Refers to the act of trading or swapping items or services that hold value to the participants.