A Computer-Based Information System Designed to Manage Dependent Demand Inventory

question 18

Multiple Choice

A computer-based information system designed to manage dependent demand inventory is _____________.

• A) manufacturing resources planning
• B) multifunctional requirements planning
• C) material relationships planning
• D) material requirements planning
• E) manufacturing requirements planning

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Definitions:

Iron Law of Responsibility

The principle that businesses and organizations must act in a socially responsible way to maintain their societal legitimacy and ensure long-term success.

Socioeconomic

Relating to or concerned with the interaction of social and economic factors, often used to describe the social standing or class of an individual or group.

Neo-capitalist

A term referring to the modern or new form of capitalism that includes a mix of traditional capitalist principles and innovative practices or policies.

Socially Responsible Organizations

Organizations that operate in a manner that enhances society and the environment, beyond the interests of the company and legal requirements.