Significant Changes in an MPS Quantity Several Weeks into the Planning

question 19

Multiple Choice

Significant changes in an MPS quantity several weeks into the planning horizon can:

• A)Make the MRP more accurate.
• B)Cause inconsistencies in the MRP.
• C)Reduce stockouts.
• D)Increase safety stock.

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Definitions:

Product Concepts

Theories and practices concerning how products are conceived, designed, produced, and marketed to meet consumer needs and expectations.

Design Thinking

A methodology used for solving complex problems and finding desirable solutions for clients. It draws upon logic, imagination, intuition, and systemic reasoning, to explore possibilities of what could be and to create desired outcomes that benefit the end user.

Human-Centric

An approach that places human values, needs, and well-being at the center of decision-making and development processes.

Empathic Understanding

The ability to understand and share the feelings of another person from their perspective as a means to better cater to their needs and expectations.