Which of the Following Statements About a Material Requirements Planning

question 4

Multiple Choice

Which of the following statements about a material requirements planning (MRP) system is true?

• A)The MRP system can be used to forecast sales.
• B)An MRP system would never be implemented by a company trying to use a total quality management approach to managing its business.
• C)The MRP system is most often used to uncover needs or problem areas within an organization's various functional departments.
• D)An MRP system is a type of JIT program.
• E)The MRP system often creates bottlenecks.

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Definitions:

Limited Liability Company (LLC)

A corporate format that unites the direct taxation system of sole proprietorships or partnerships with the advantage of limited legal responsibility typical of corporations.

Authorized to Issue

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Franchisor

A business entity that grants a license to an individual or group enabling them to operate a business under the franchisor's trademark, name, and business model.

Negligently

Acting with a lack of care or attention expected under the circumstances, often resulting in harm or damage.