Which of the Following Is Considered a Secondary Report in an MRP

question 89

Multiple Choice

Which of the following is considered a secondary report in an MRP system?

• A)Planned order schedule
• B)Performance reports
• C)Inventory record
• D)Firm orders from known customers
• E)Engineering change reports

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Definitions:

Production Costs

The expenses associated with producing goods or services, including materials, labor, and overhead.

Qualitatively Inferior Inputs

refer to resources or materials used in production that are of lower quality compared to standard or expected inputs, potentially affecting the final product's quality.

Leftward Shift

Occurs when a supply or demand curve moves to the left on a graph, indicating a decrease in supply or demand at any given price.

Technique of Production

The method or process employed in creating goods or services, incorporating factors like labor, machinery, and technology.