Which of the Following Is an Input File Necessary to Run

question 87

Multiple Choice

Which of the following is an input file necessary to run an MRP system?

• A) Exception report
• B) Computer-aided-design files
• C) Inventory records file
• D) Personnel files
• E) Planned-order schedule

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Definitions:

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price.

Demand Increases

A situation where the quantity of a product or service desired by buyers exceeds the quantity supplied at a particular price.

Supply Decreases

A condition in the market where the quantity of a product or service available for sale declines, which can lead to higher prices.

Quantity Supplied

is the amount of a good or service that producers are willing and able to sell at a given price over a specified period of time.