Distribution Requirements Planning

question 5

Multiple Choice

Distribution requirements planning:

• A)Uses logic that starts at the manufacturing plant and works forward toward the customer.
• B)Includes only firm orders in its calculations.
• C)Uses logic similar to MRP,beginning at the point closest to the customer.
• D)Is normally not included as a module in ERP software.

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Definitions:

Prices Reflect

The concept that prices in a market represent information about the value of goods and services, influenced by supply, demand, and costs.

Productivity

The measure of efficiency of production, often expressed as the ratio of outputs to inputs in a production process.

Annual Output

The total production or output produced by a company or economy in a one-year period.

Trade

The exchange of goods and services between individuals or entities, often in return for money.