37All of the Following Are Inputs into the MRP Process

question 64

Multiple Choice

37.All of the following are inputs into the MRP process except

• A)the master production schedule.
• B)the product structure file.
• C)the item master file.
• D)the planned order report.

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Definitions:

Output Level

Refers to the quantity of goods or services produced by a firm or an economy at a given time.

Marginal Revenue

The additional revenue that is gained from selling one more unit of a product or service.

Marginal Cost

Expenses incurred from making one more unit of a product or service.

Average Revenue

The mean amount of money earned per unit sold, calculated by dividing the total revenue by the quantity of units sold.