A Computerized Inventory System That Simulates Needed Materials Requirements for the Finished

question 309

Multiple Choice

A computerized inventory system that simulates needed materials requirements for the finished product, and then compares production needs to available inventory balances to determine when orders should be placed is the ________.

• A) basic economic order quantity system
• B) materials requirement planning system
• C) just-in-time system
• D) red-line method

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Definitions:

Optimistic Explanatory Style

A tendency to explain positive events as having permanent, personal, and pervasive causes.

Cultures

The customs, arts, social institutions, and achievements of a particular nation, people, or other social group.

Age

The length of time that a person or organism has been alive or a thing has existed.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity, including social roles, norms, and identity.