The Development and Application of MRP Depended Upon Two Developments

question 69

Multiple Choice

The development and application of MRP depended upon two developments: (1) the recognition of the difference between independent and dependent demand, and (2) :

• A)computers
• B)development of the EOQ model
• C)inventory control systems
• D)blanket purchase orders
• E)the internet

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Definitions:

Cognitive Development

Refers to the growth and change in a person's ability to think, reason, and understand over time.

Piaget

A reference to Jean Piaget, a Swiss psychologist known for his pioneering work in the field of cognitive development in children.

Formal Operations

The final stage in Piaget's theory of cognitive development, starting around age 12, where individuals develop the ability to think abstractly and logically.

Procedural Knowledge

Type of knowledge that is concerned with how to perform a task or activity, often manifested as skills or know-how.