MRP, Considering Inventory Position, Bills of Material, Open Purchase Orders

question 58

True/False

MRP, considering inventory position, bills of material, open purchase orders, and lead times guarantees a feasible production plan if the inputs to MRP are accurate.

---

Definitions:

Strategic Fit

The alignment of organizational strategies, resources, and capabilities with the external environment to achieve long-term objectives.

Highest Levels

The utmost or maximum degree or amount of something.

Strategic Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy.

Cost-Responsiveness Efficient Frontier

A concept in supply chain management indicating the optimal point where the cost of providing a certain level of responsiveness is minimized.