Lot Sizing Rules Are Used in MRP to Determine Work

question 85

True/False

Lot sizing rules are used in MRP to determine work or purchase order quantities.

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Definitions:

Click-on Agreement

A legal agreement entered into by clicking on a button or link, typically online, to accept terms and conditions.

Binding

Describes an agreement, contract, or legal decision that is enforceable by law.

Enforceable Contract

An agreement between parties that is legally binding and may be upheld and compelled by law.

Mailbox Rule

A rule providing that an acceptance of an offer becomes effective on dispatch.