Which of the Following Is Not Part of the Process

question 66

Multiple Choice

Which of the following is not part of the process for developing an MPS?

• A) The MRP system is run.
• B) Rough-cut capacity planning is used.
• C) Evaluation occurs with regard to customer service, effective use of resources, and inventory investment.
• D) If capacity is insufficient, the MPS is modified or capacity is expanded.
• E) An MRP is proposed.

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Definitions:

Alpha

In finance, alpha is the measure of the active return on an investment compared to a market index used as a benchmark.

Solver

A mathematical tool used to find the optimal solution to a problem by iteratively testing possible solutions.

Exponential Smoothing

A statistical technique for forecasting where recent observations are given progressively higher weights, reducing the importance of older data.

Forecast Error

The difference between the actual demand and the forecasted demand, indicating the accuracy of forecasting methods.