Material Requirements Planning and Electronic Data Interchange Are All Elements

question 46

Multiple Choice

Material requirements planning and electronic data interchange are all elements of:

• A)just-in-time inventory control.
• B)value analysis.
• C)total quality management.
• D)vendor analysis.
• E)life-cycle costing.

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Definitions:

Forward Scheduling

Forward scheduling is a planning method where tasks are scheduled from the start date onwards to determine the earliest possible completion time.

Delivery Date

The specified date on which a product is agreed to be delivered to the customer.

Minimize Work-In-Process Inventory

A strategy to reduce the amount of unfinished goods in production to increase efficiency and decrease waste.

Product-Focused Facilities

Manufacturing or service facilities designed around a narrow range of products or services to achieve higher efficiency and quality.