Which One of the Following Most Closely Describes the MRP

question 22

Multiple Choice

Which one of the following most closely describes the MRP approach that is used for components or subassemblies to compensate for variations in lead time?

• A)Pegging
• B)Safety stock
• C)Increased order sizes
• D)Safety time
• E)Low-level coding

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Definitions:

High-End CRM

Customer Relationship Management systems that offer advanced features and functionalities targeted at enterprises requiring complex customer interaction tools and data analytics.

Recommends Products

A feature or service through which suggestions for products are made to potential customers based on their browsing history, preferences, or purchase behavior.

NFC

Near Field Communication, a set of communication protocols that enable two electronic devices, one of which is often a portable device such as a smartphone, to establish communication by bringing them within a few centimeters of each other.

Information About Products

Detailed descriptions and specifications concerning goods or services offered by a business, including features, prices, and uses.