Updating or Replanning the MRP Records Is Performed Periodically in Which

question 16

Multiple Choice

Updating or replanning the MRP records is performed periodically in which type of system?

• A)regenerative MRP system
• B)period MRP system
• C)dynamic MRP system
• D)time-phased MRP system

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Definitions:

Incremental Costs

The additional costs incurred when increasing the level of an activity or output by one unit.

Production Capacity

The maximum output that a manufacturing facility can produce under normal working conditions.

Opportunity Costs

The value of the best alternative forgone as a result of making a decision.

Widgets

A generic term used to refer to a hypothetical manufactured product or any small device or gadget.