Capacity Requirements Planning (CRP)

question 8

Multiple Choice

Capacity requirements planning (CRP) :

• A)uses ABC analysis as an integral part of the process.
• B)is essential to minimize in-house inventories.
• C)performs for manufacturing resources what MRP does for materials.
• D)ignores the human resources required,and focuses on needed machine resources.
• E)calculates the service level by dividing average inventory carried by annual sales.

Acknowledge the role of investment in long-term financial planning and retirement preparation.

Recognize the significance of holding a broad portfolio of stocks for long-term investment benefits.

Understand the concept of market equilibrium and how prices adjust to equilibrate supply and demand.

Analyze the effects of external factors on market prices and quantities.

---

Definitions:

Degenerate

Originally used in physical and biological contexts to describe decline or decrease in function, the term can also refer to moral or cultural decline.

Surrealist

Pertaining to Surrealism, a 20th-century avant-garde movement in art and literature that sought to release the creative potential of the unconscious mind.

Nazi Regime

The authoritarian government led by Adolf Hitler in Germany from 1933 to 1945, known for its totalitarian policies and the perpetration of the Holocaust.

Eclipse of the Sun

A celestial event that occurs when the moon passes between the Earth and the sun, blocking all or part of the sun's light from reaching the Earth.