______ Is a System Used by Companies to Systematically Plan

question 28

Multiple Choice

______ is a system used by companies to systematically plan and control their logistics and product distribution activities through generating a time-phased,inventory-replenishment plan to manage and minimize inventories in the supply chain.

• A)manufacturing resource planning (MRP)
• B)manufacturing resource planning (MRP II)
• C)enterprise resource planning (ERP)
• D)distribution requirements planning (DRP)

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Definitions:

Unreasonably Dangerous

A term used to describe products or activities that pose a risk of harm beyond what would be contemplated by an ordinary person under normal usage.

Defective Product

A product that is not safe for its intended use due to a design, manufacturing, or marketing defect, potentially leading to legal liability for the manufacturer.

Section 402A

A specific provision of the Restatement (Second) of Torts, establishing the manufacturer's liability for harm caused by defective products.

Implied Warranty of Merchantability

An assurance that a product will meet a reasonable level of quality and reliability for the purpose it was sold for.