Table 16.2 -Use the Following Partially Completed MRP Record to Answer the to Answer

question 51

Multiple Choice

Table 16.2
-Use the following partially completed MRP record to answer the question. What are the quantities of planned order releases for item ABC for the first five weeks (weeks 1,2,3,4,and 5) ?

• A)30,0,60,0,145
• B)60,0,145,0,0
• C)0,30,60,0,0
• D)30,0,60,145,0

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Definitions:

Credit Card Expense

Costs incurred from using a credit card, including interest charges, annual fees, and transaction fees.

Sales

The total amount earned from selling goods or services before any costs or expenses are deducted.

Trade Discount

A reduction in the listed price of goods or services offered by sellers to buyers in the business-to-business market, often determined by quantity purchased or early payment.

Inventory Account

An account in the general ledger that tracks the value of items a company holds for sale in the ordinary course of business.