Which of the Following Statements Best Defines a Materials Requirements

question 1

Multiple Choice

Which of the following statements best defines a materials requirements planning system?

• A) a demand-pull system in which each component in a production line is produced immediately as needed by the next step in the production line
• B) a push-through system that manufactures finished goods for inventory on the basis of demand forecasts
• C) a demand-pull system that manufactures finished goods for inventory on the basis of demand forecasts
• D) a push-through system in which each component in a production line is produced immediately as needed by the next step in the production line

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Definitions:

Securities Transactions

Deals or operations involving the buying, selling, or exchange of securities, such as stocks and bonds, between parties.

Five Years

A period consisting of five consecutive years.

Blue-Sky Laws

State laws in the United States that regulate the sale of securities to protect investors from fraud.

Intrastate Securities

Financial instruments such as stocks or bonds that are sold within a single state, subject to state regulations rather than federal securities laws.