Which Type of MRP System Is Used as an Information

question 34

Multiple Choice

Which type of MRP system is used as an information system to plan and control inventories and capacities?

• A)Type I
• B)Type II
• C)ERP
• D)None of the above

---

Definitions:

Amendment

A formal change or addition made to a document, law, or constitution.

Reasonable Expenses

Costs that are deemed necessary and appropriate under given circumstances, often in a legal or business context.

Junior Lienholders

Creditors who have claims on a property that are ranked below other debts in terms of repayment priority in case of default.

Collateral

A form of security provided by the borrower to the lender, consisting of property or assets, that can be taken possession of should the borrower fail to repay the loan.