Which One of the Following Is a Feature of MRP

question 147

Multiple Choice

Which one of the following is a feature of MRP II, but not available in basic MRP systems?

• A) action notices
• B) capacity reporting
• C) financial reporting
• D) dispatch lists

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Definitions:

Accounts Payable Period

The average amount of time it takes for a business to pay off its suppliers after receiving goods or services.

Cash Disbursements

Payments in cash made by a business, including expenses, dividend payments, and investment purchases.

Sales

The total amount of goods or services sold by a company, constituting its main source of revenue.

Accounts Receivable Period

The average number of days it takes for a business to collect payments from its credit sales.