Which of the Following Is Not True for Planned Orders

question 9

Multiple Choice

Which of the following is not true for planned orders?

• A) They are necessary only for finished products.
• B) They result when there is not enough inventory to cover the gross requirements.
• C) The quantity is calculated using the lot-sizing rule.
• D) The lead time is required to determine when the order should be placed.
• E) The inventory records file is updated for the order.

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Definitions:

No Personal Liability

Refers to the legal protection shielding individual assets from being used to satisfy business debts and liabilities.