One Major Difference Between the Use of Kanban and MRP

question 69

True/False

One major difference between the use of kanban and MRP in scheduling theitems to beproduced or ordered is that kanban is primarily a manual system while MRP uses computers.

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Definitions:

Transfer Price

The price at which goods or services are sold between divisions within the same company or between affiliated companies.

Minimum Return

The least amount of profit or yield expected from an investment, project, or venture to consider it desirable or viable.

Invested Assets

Resources that are obtained with the goal of producing income or profit.

Operating Income

Income generated from the normal business operations of a company, excluding expenses such as interest and taxes.