Master Production Scheduling Is Specialized Form of

question 23

Multiple Choice

Master production scheduling is specialized form of

• A)MRP.
• B)Demand planning.
• C)SOP.
• D)Production planning.
• E)Operations scheduling.

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Definitions:

Sales Revenue Per Unit

The amount of money generated from selling one unit of a product, before any expenses are subtracted.

Variable Cost Per Unit

The cost associated with producing one additional unit of a product, which varies with the level of production.

Contribution Margin Ratio

The contribution margin ratio calculates the proportion of sales revenue that exceeds variable costs, showing what portion of sales contributes to covering fixed costs and generating profit.

Selling Price

The amount at which a product or service is sold to customers, determined by factors such as market demand, production costs, and competition.