Which of the Following Is Absolutely Necessary for Successful Implementation

question 5

Multiple Choice

Which of the following is absolutely necessary for successful implementation and operation of MRP?
(I) accurate inventory records
(II) accurate demand forecasts
(III) accurate holding and backordering costs
(IV) accurate bills of materials

• A) I, II, and IV only
• B) I, III, and IV only
• C) I, II, and III only
• D) I and II only
• E) I, II, III, and IV

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Definitions:

Accrued Interest

The interest that has accumulated on a bond since the last interest payment up to, but not including, the present date.

Semiannually

A term describing events or actions that occur twice a year, typically every six months.

Investment Grade

A rating assigned to bonds that indicates they are of high quality and low credit risk.

Bond Grade

The rating assigned to a bond by credit rating agencies, reflecting the issuer's creditworthiness and the bond's risk level.