Which One of the Following Is Not an Input in an MRP

question 12

Multiple Choice

Which one of the following is not an input in an MRP system?

• A)planned-order schedules
• B)bill of materials
• C)master production schedule
• D)inventory records
• E)All are inputs.

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Definitions:

Real Prices

Prices that have been adjusted for inflation, reflecting the true purchasing power of money over time.

Inflation-Adjusted

Describes values that have been modified to account for changes in the purchasing power of money due to inflation, allowing for comparison over different time periods.

Long-Run Path

The trajectory of economic performance or output when all inputs, including capital and labor, are adjusted to their most efficient state over time.

Small Crop

A small crop refers to a lesser yield of agricultural produce than usual, often due to factors like weather conditions, pest infestations, or reduced acreage.