A Computer-Based Information System Designed to Handle Ordering and Scheduling

question 52

Multiple Choice

A computer-based information system designed to handle ordering and scheduling of dependent-demand inventories is:

• A)computer aided manufacturing (CAM)
• B)computer integrated manufacturing (CIM)
• C)economic order quantity (EOQ)
• D)material requirements planning (MRP)
• E)economic run size (ERS)

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Definitions:

Factory Overhead

Indirect costs related to manufacturing, including utilities, maintenance, and factory equipment depreciation.

Machine Hours

A measure of production time, calculated as the total number of hours that machines are operated during a specific period.

Applied Amount

The portion of an allocated or assigned cost to a particular department, project, or product.

Factory Overhead

Indirect costs associated with manufacturing, including costs related to operating the manufacturing facilities, aside from direct labor and direct materials costs.