Examlex

Solved

Since MRP Systems Focus on Batch or Lot-Sized Orders and JIT

question 27

True/False

Since MRP systems focus on batch or lot-sized orders and JIT is focused on individual item production, the two systems are incompatible and cannot work together.


Definitions:

May

The fifth month of the Julian and Gregorian calendars, often used in financial and operational planning calendars.

Cash Receipts

The total amount of cash collected by a business during a specific period.

December

The twelfth and final month of the year in the Gregorian calendar.

Production

The process of creating goods and services using labor, machinery, tools, and chemical or biological processing or formulation.

Related Questions