Which of the Following Industry Types Will Not Benefit Greatly

question 52

Multiple Choice

Which of the following industry types will not benefit greatly from the application of MRP?

• A) Fabricate-to-order
• B) Assemble-to-stock
• C) Assemble-to-order
• D) Manufacture-to-order
• E) None of these choices are correct

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Definitions:

Opportunity Cost

The detriment of not pursuing the second-top option when engaging in decision-making.

Manufacturing

The process of using machines, tools, and labor to produce goods for use or sale.

Export

Goods or services sold by a country to buyers in another country.

Import

The process of importing products or services from foreign countries for the purpose of selling them domestically.