What Is the Planned-Order Release Using an MRP Program If

question 54

Short Answer

What is the planned-order release using an MRP program if the gross requirement is 1,600 and the inventory on hand is 600? ______________________________

---

Definitions:

Days' Sales in Receivable

A financial metric that calculates the average number of days it takes for a company to collect payments after a sale has been made.

Financial Records

Documents that capture all financial transactions of a business or individual, including income, expenses, assets, and liabilities.

Accounts Receivable Turnover

A financial ratio that measures how effectively a company collects cash from credit sales by comparing net credit sales with the average balance of accounts receivable.

Fiscal Years

A one-year period that companies and governments use for financial reporting and budgeting, differing from the calendar year.