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:

Causal Forecasting Methods

Predictive techniques that assume a cause-and-effect relationship between variables to estimate future outcomes.

Demand Forecast

The process of estimating the future demand for a product or service, based on historical data, current market trends, and predictive analysis.

Correlated

The relationship between two or more variables where a change in one variable is associated with a change in another.

Exponential Smoothing

A statistical technique used in time series analysis to smooth data points and forecast future values, giving more weight to recent observations.