Identify a Key Feature Associated with Materials Requirements Planning

question 28

Multiple Choice

Identify a key feature associated with materials requirements planning.

• A)determining economic order quantity for all materials
• B)minimizing or eliminating carrying and stockout costs
• C)determining the optimal reorder points for all materials
• D)reducing required inventory levels by scheduling production,rather than estimating needs

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Definitions:

Social Norms

Shared guidelines or unwritten rules within a society or group that dictate acceptable behaviors and societal expectations.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors, thoughts, and emotions.

Behavioral Tendencies

Patterns or propensities in how individuals act or react in various situations.

External Force

Factors outside an organization that can affect its operation, such as economic conditions, social trends, and government regulations.