Which of the Following Industry Types Has High Expected Benefits

question 38

Multiple Choice

Which of the following industry types has high expected benefits from the application of MRP?

• A)Fabricate-to-stock
• B)Fabricate-to-order
• C)Assemble-to-stock
• D)Continuous process
• E)Service and repair parts

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Definitions:

Employment Contracts

Legal agreements specifying the terms and conditions of employment between an employer and employee.

Indivisible Agreement

A contract or agreement that cannot be separated into individual parts, requiring full performance by the parties involved.

Separate Consideration

The distinct value or compensation given in exchange for a service or agreement, specifically identifiable apart from other considerations.

Unconscionable

Describes actions or conditions that are excessively unfair or immoral to a degree that they go against the basic principles of justice or good conscience.