Which of the Following Statements Regarding the Output from MRP

question 21

Multiple Choice

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

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

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Definitions:

Prices Received

The amount of money that sellers receive for their goods or services, often considered in the context of market dynamics and economic analysis.

Farmers

Individuals engaged in agriculture, raising living organisms for food or raw materials, often on a farm or rural setting.

Percent

A unit of measure used to express a proportion or a fraction of a whole, represented as a part of one hundred.

Price Support Program

Government interventions to stabilize or increase market prices of commodities, usually through direct payments, purchases, or loans to producers.