Which of the Following Statements Regarding Finite Capacity Scheduling (FCS)

question 60

Multiple Choice

Which of the following statements regarding finite capacity scheduling (FCS) is false?

• A) Finite capacity scheduling is well suited for dynamic scheduling environments.
• B) Finite capacity scheduling overcomes the disadvantages of systems based exclusively on rules.
• C) Finite capacity scheduling is very powerful, but does not allow for rapid changes.
• D) Finite capacity scheduling often gets its data from the output of an MRP system.
• E) None; all of the above are true.

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Definitions:

Speculative Forward Contract

A financial derivative used to speculate on the future price of an asset, involving an agreement to buy or sell the asset at a future date for a price determined today.

Fair Value Hedge

A risk management technique that uses financial instruments to mitigate the risk associated with changes in the fair value of an asset or liability.

Firm Commitment

An agreement between a buyer and an underwriter in which the underwriter guarantees the sale of a certain amount of securities.

Cash Flow Hedge

A hedging strategy used to manage risk associated with variability in cash flows, typically related to interest rates or currency exchange rates.