An MPS Shows

question 16

Multiple Choice

An MPS shows:

• A)The number of each type of part that is needed to make the final product.
• B)The change orders that are required.
• C)The quantities of end items to be completed in each time period.
• D)The scheduled releases for all parts and components.

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Definitions:

Place

In marketing, refers to the distribution aspect and making the product available to the customer at the right location.

Inventory

The total amount of goods and materials held in stock by a business, warehouse, or store.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, typically comprised of the 4Ps: Product, Price, Place, and Promotion.

Easiest

Pertaining to the use or role of something being the most straightforward, requiring the least effort, difficulty, or complexity.