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:

Random Values

Numbers or outcomes generated in a manner that follows no discernible pattern, often used in simulations or statistical sampling.

Uncertain Inputs

Factors or variables in a model or process that have unknown or unpredictable values, affecting outcomes and decision-making.

Monte Carlo Sampling

A statistical technique that utilizes random sampling and probability to solve problems that might be deterministic in principle.

Latin Hypercube Sampling

A statistical method used in simulations that stratifies the sample space to ensure a more comprehensive exploration of variables across their entire range of values.