What Process Answers the Question "What Do We Need to Order

question 15

Multiple Choice

What process answers the question "What do we need to order to produce the product,and when do we need to order these raw materials?"

• A)SF - sales forecasting
• B)SOP - sales and operations planning
• C)MRP - materials requirements planning
• D)DS - detailed scheduling

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Definitions:

Attachment

A legal process that allows for the seizure of a defendant's property as security for the satisfaction of a judgment.

Security Interest

A legal claim or right granted by a debtor to a creditor over the debtor's property as security for a loan or obligation.

Perfection

In finance, the act of securing a priority interest in the collateral among creditors concerning the same collateral or property.

Mechanic Lien

A legal claim against a property by a contractor or repairman for unpaid work, securing payment for services rendered.