When Would an MRP Inventory Approach Be Preferred to a JIT

question 95

Multiple Choice

When would an MRP inventory approach be preferred to a JIT inventory approach?

• A)when a product has a short life cycle
• B)when demand for inventory is fairly predictable
• C)when demand for inventory is very unpredictable
• D)MRP is always a preferred method over JIT.

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Definitions:

Personality

A combination of characteristics or qualities that form an individual's distinctive character.

Motives

Internal states or desires that drive individuals to take actions towards achieving specific goals.

Subconscious

A part of the mind that influences thoughts and actions without one's full awareness.

Psychosexual Energy

in Freudian psychoanalysis, the driving force behind human behavior, stemming from the libido or sexual energy.