When We Observe That the Production Planning System Is "Dynamic",we

question 35

Multiple Choice

When we observe that the production planning system is "dynamic",we are saying

• A) MRP systems can not cope with changing demand
• B) Outsourcing will help stabilize arriving materials
• C) CRP and MRP systems must be constantly reviewed
• D) It is wise to re-plan on a weekly basis
• E) None of the above

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Definitions:

Defender Strategy

A business strategy focused on maintaining existing market share and defending against competitors through improvement in product quality, cost, and customer service.

Focus Strategy

The focus strategy is undertaken when an organization tries to target a specific segment of the marketplace for its products or services.

Market Segment

A subgroup of people or organizations sharing one or more characteristics that cause them to have similar product and service needs.

High Uncertainty

High uncertainty refers to situations in which there is a lack of predictability or information about future events, often making decision-making difficult in both personal and business contexts.