Master Production Scheduling (MPS)involves Long Term Capacity Planning That Typically

question 14

True/False

Master production scheduling (MPS)involves long term capacity planning that typically covers a time horizon of one to three years.

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period.

Days' Sales In Inventory

A financial metric indicating the average time in days that a company takes to turn its inventory into sales.

Return On Total Assets

A financial ratio that measures the profitability of a company relative to its total assets.

Return On Stockholders' Equity

A measure of the profitability of a corporation in relation to stockholders' equity, indicating how efficiently a company uses its equity to generate profits.