What Is the Main Difference Between MRP-II and JIT Manufacturing

question 83

Multiple Choice

What is the main difference between MRP-II and JIT manufacturing systems?

• A)The length of the planning horizon
• B)JIT uses long-term customer demand for planning purposes,but MRP-II uses short-term customer demand for planning purposes.
• C)MRP-II relies on EDI,but JIT does not.
• D)There are no significant differences between MRP-II and JIT.

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Definitions:

Systematic Risk

The risk inherent to the entire market or market segment, which cannot be mitigated through diversification and is often influenced by external factors like political, economic, and social changes.

Political Upheaval

Significant disruption or change in the governing structure or policy of a country, often accompanied by protests or conflict.

Market Risk

The risk of losses in investments due to factors that affect the entire market, such as economic changes or political events.

Economic Events

Various incidents or transactions that may affect a country's economy, including government policies, market movements, and natural disasters, which can influence financial markets and economic health.