Which of the Following Statements Is True

question 28

Multiple Choice

Which of the following statements is true?
I. Firm planned orders are planned orders frozen by the planner.
II. Released orders are planned orders that have been released by the computer.
III. The planner should not release an order unless satisfied the order can be carried out.

• A) I and II only
• B) I and III only
• C) II and III only
• D) I, II, and III
• E) none of the statements is true

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Definitions:

Efficiently

Conducting an activity in such a manner that it achieves the maximum output with the minimum input or resources, without waste.

Rival

An entity competing against another for the same objective or for superiority in the same field of activity.

Excludable

A feature of a product or service enabling its owner to exclude others from usage unless payment is received.

Property Rights

The legal rights to possess, use, and dispose of assets, including property and intellectual property.