Refer to the Information Provided in Table 19

question 47

Multiple Choice

Refer to the information provided in Table 19.2 below to answer the questions that follow.
Table 19.2

-Refer to Table 19.2.The most that Thailand will be willing to pay for a tractor is

• A)5 motorcycles.
• B)10 motorcycles.
• C)15 motorcycles.
• D)20 motorcycles.

---

Definitions:

Gross Material Requirements Plan

A schedule that shows the total demand for an item (prior to subtraction of on-hand inventory and scheduled receipts) and (1) when it must be ordered from suppliers, or (2) when production must be started to meet its demand by a particular date.

Master Production Schedule

A detailed plan that specifies what products are to be made, in what quantities, and when, serving as a primary input in materials requirement planning (MRP).

Time-Phased Schedule

A detailed plan that outlines when specific tasks or activities should start and finish over a set period, often used in project management.

Net Requirements

The total demand for a product minus the inventory currently in stock, used in manufacturing and logistics planning.