Because the Evaluated Receipts Settlement Process Relies Heavily on an IT

question 74

True/False

Because the evaluated receipts settlement process relies heavily on an IT system that can quickly access online purchase-order files, a system slowdown could halt all receiving activity.

---

Definitions:

Master Production Schedule

A plan for the production of finished goods that drives material requirements planning, detailing quantities and the timing of production.

Capacity

The maximum level of output that a system, facility, or organization can produce or handle under normal operating conditions.

Material Requirements Planning

A production planning, scheduling, and inventory control system used to manage manufacturing processes efficiently.

Master Production Schedule

A detailed plan that outlines what a manufacturing facility will produce, in what quantities, and when, to meet anticipated demand.