An Output of Integrated MRP-JIT Systems,which Is Unavailable in an Only-MRP

question 75

Multiple Choice

An output of integrated MRP-JIT systems,which is unavailable in an only-MRP system,is a ______.

• A)performance report
• B)time phased material requirement
• C)total production cost
• D)production schedule

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Definitions:

Expected Value

The weighted average of all possible values of a random variable, representing its mean or center.

Variance

A statistical measurement that describes the spread of numbers in a data set, calculated as the average of squared deviations from the mean.

Probability

A numerical range from 0 to 1 signifying the chances that an event will happen.

Psychiatrist's Theory

A hypothesis or set of hypotheses proposed by a psychiatrist that attempts to explain behavioral, psychological, or mental disorders.