Information Concerning On-Hand Quantities,lot Sizes And,lead Time,figures Can Be Found

question 1

True/False

Information concerning on-hand quantities,lot sizes and,lead time,figures can be found in the master production schedule (MPS).

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Definitions:

Enterprise Resource Planning

A type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.

Master Production Schedule

A detailed plan that outlines when and how much of each product will be produced over a certain period.

Material Requirements Planning

A production planning and inventory control system used to manage manufacturing processes by determining material requirements based on forecasted production.