The Action Notice Is a

question 140

Multiple Choice

The action notice is a

• A) secret document to prompt actions to be taken against some suppliers.
• B) computer- generated document that helps make decisions about releasing new orders.
• C) document that records the most recent important actions taken in the context of MRP.
• D) legal notice served by a customer whose order was delayed.

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Definitions:

Inventory Needed

The quantity of stock that a business requires to meet its upcoming production and sales needs.

Direct Labor

The labor costs directly attributable to the production of goods or services, typically wages for workers who manufacture a product or perform a service.

Lean Manufacturing

A systematic method for waste minimization within a manufacturing system without sacrificing productivity.

Business Philosophy

The underlying principles and values that guide the operations, decisions, and overall direction of a company.