Which of the Following Is the Planned-Order Release Using an MRP

question 21

Multiple Choice

Which of the following is the planned-order release using an MRP program if the gross requirement is 5,000 and the inventory on hand is 1,200?

• A)5,000
• B)4,500
• C)3,800
• D)1,200
• E)None of the above

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Definitions:

Long-term Loan

A loan that is extended over a lengthy period, exceeding a year, used for significant business investments or personal purchases.

Instalment Payments

A payment plan allowing a debt to be paid off in specific, scheduled portions over a set period of time.

Interest Portion

The part of a payment or financial operation that represents interest, separate from principal repayment or other components.

Principal Portion

The part of a loan payment that reduces the outstanding balance of the loan, as opposed to the part that covers interest charges.