In MRP, Under Lot-For-Lot Ordering, Planned-Order Receipts Are

question 20

Multiple Choice

In MRP, under lot-for-lot ordering, planned-order receipts are

• A)identical to scheduled receipts.
• B)identical to net requirements.
• C)open orders (that is, ordered before the first time bucket, but not delivered yet).
• D)gross requirements.
• E)available-to-promise inventory.

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Definitions:

Downward Pressure

Describes a situation where factors contribute to the decrease in the price of a product or asset.

Wages

Payments made to workers for their labor, usually based on hours worked or output produced, and a fundamental component of employment contracts.

Equilibrium Wage

The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers, resulting in labor market equilibrium.

Labor

Human mental and physical contributions employed in the manufacturing of goods and services.