The MRP Technique Calculates the Requirements for a Material Based

question 34

Multiple Choice

The MRP technique calculates the requirements for a material based on

• A)Historical data.
• B)Current data.
• C)The material's dependence on other materials.
• D)Material type.
• E)Replenishment lead time.

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Definitions:

Intermediaries

Intermediaries are agents or businesses that act as middlemen in the distribution process, linking producers with consumers or other businesses.

Retailer

A business entity that sells goods or commodities directly to consumers, typically in small quantities.

Intermediary

An entity or individual that acts as a middleman between two parties in a transaction, usually within the supply chain for goods and services.

Marketing Channel

Pathways or routes through which goods and services flow from the producer to the consumer.