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Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000, inventory on hand is 1,200, and planned receipts are 800?
Technological Advance
The development and application of innovative tools, machines, materials, and processes, improving efficiency and productivity.
Supply Increase
A shift to the right in the supply curve, indicating that producers are willing and able to sell more of the good at each possible price.
Jet Fuel
A type of aviation fuel designed for use in aircraft powered by gas-turbine engines.
Supply Curve
A graphical representation of the relationship between the price of a good and the quantity of the good that suppliers are willing and able to sell.
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