Which of the Following Industry Types Have High Expected Benefits

question 6

Multiple Choice

Which of the following industry types have 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:

Secondary Sector

The portion of an economy that is concerned with the processing of raw materials obtained by the primary sector into goods and products.

Economy

The system of production, consumption, and distribution of goods and services within a particular geographic region.

Pine Beetle

A type of bark beetle that infests and kills pine trees by boring into the bark, disrupting the tree's ability to transport water and nutrients.

Tertiary Sector

The segment of the economy that provides services rather than goods, including sectors like retail, education, healthcare, and financial services.