A Benefit of MRP Is A(n)______

question 36

Multiple Choice

A benefit of MRP is a(n) ______.

• A)increase in work-in-progress inventory
• B)increase in finished goods inventory
• C)increase in inventory costs
• D)decrease in inventory costs

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Definitions:

Six Sigma

A systematic, data-driven approach and methodology for eliminating defects in any process, aiming for six standard deviations between the mean and the nearest specification limit.

Real-Time

A mode of operation within systems where processes and data are updated immediately as events occur, ensuring current information is always available.

Offshoring

Relocating business processes or manufacturing to a foreign country to capitalize on lower costs or other operational advantages.

Manufacturing

The process of converting raw materials, components, or parts into finished goods that meet a customer's expectations or specifications.