The Essence of MRP II Is

question 60

Multiple Choice

The essence of MRP II is

• A)feedback planning to schedule capacity requirements.
• B)tactical planning for "explosion" of orders at the branch warehouse level.
• C)big-systems planning linking marketing and other functions with production planning.
• D)adding distribution to considerations about what inventories to stock.

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Definitions:

Internal Activity

Tasks, operations, or works conducted within an organization or entity, often as opposed to interactions with external parties.

SCM

Supply Chain Management; the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Return Component

The part of an investment's total return that results from the gain or loss in the value of the investment.

Received Defective

Term used when goods or products are received in a damaged or malfunctioning state from a supplier or during shipping.