Which of the Following Is the Planned-Order Release Using an MRP

question 33

Multiple Choice

Which of the following is the planned-order release using an MRP program if the gross requirement is 670 and the inventory on hand is 600?

• A)670
• B)600
• C)530
• D)70
• E)None of these

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Definitions:

Excludable

A characteristic of a good or service that allows the owner or provider to prevent others from using it without permission.

Rival

A characteristic of a good or service that implies its consumption by one individual prevents simultaneous consumption by another individual.

Public Goods

Public goods are commodities or services that are provided without profit to all members of a society, either by the government or a private individual or organization.

Private Goods

Goods that are both excludable and rivalrous, meaning only those who pay for them can use them, and one person's use of the good reduces others' ability to use it.