Which of the Following Statements Regarding the Output from MRP

question 164

Multiple Choice

Which of the following statements regarding the output from MRP systems is FALSE?

• A) Action notices are generated to make decisions about releasing new orders and adjusting the due dates of scheduled receipts.
• B) Typically the capacity limitations of processing equipment are explicitly recognized by MRP systems when planned orders are calculated.
• C) A materials requirement plan is generated for each component item.
• D) Priority reports such as dispatch lists and supplier schedules are generated.

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Definitions:

Benchmark Jobs

Positions that are used as a standard or reference to compare the level of job content, job worth, and pay across different jobs within an organization or industry.

Market Rate

The average or standard cost for goods or services in a specific market, often used as a benchmark for setting prices or wages.

Excellent Benefits

Refers to superior or highly favorable employment benefits, such as health insurance, retirement plans, and paid leave, offered to employees.

Highly-Desirable

Attributes or qualities that are very attractive or sought-after, often used in the context of job competencies, living conditions, or product features.