Materials Requirement Planning (MRP) Systems Are Used Primarily To

question 48

Multiple Choice

Materials requirement planning (MRP) systems are used primarily to:

• A)Plan orders.
• B)Plan lead time.
• C)Plan amounts of end items to produce.
• D)Plan distribution.

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Definitions:

Commodity

Commodity denotes basic goods used in commerce that are interchangeable with other goods of the same type.

Allocation

The process of distributing resources, goods, or services in a particular way or to particular recipients.

Scarce Resources

Resources that are limited in supply and cannot fulfill all the uses and demands placed on them.

Virtually Unlimited

A term used to describe a resource or supply that is so abundant it appears to be almost without limit.